George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
…lfm is spot on…I read the “assisting” as being on a contract basis, which is quite typical…please stop looking for / making up things that are not kosher …in my book this is being played with open hands…don’t worry be happy…very happy…
Absolutely….potential rto value (cash+tax losses) alone is something like a 4.5 bagger from current sp…so even factoring in the obvious risk…truly believe fair value should be something in the region of 1.5-2p…then add in the mother of all multibagger potential of the well funded and resourced claim…and honestly we could/ should go much, much higher…just a question of wakey, wakey…
…I bought back in…and more importantly at less than 1.5p…todays financing is indeed a game changer…and this will rerate in time…onwards and upwards…enjoy
Not that it matters the slightest in the medium term…but can see this drift dramatically back to the 3’s or even 2’s over the next week…then announcement, hopefully confirming ridiculously high divi and better operational clarity and progress….sit tight…will come good…