George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
From the recent RNS....
We are ok to carry on trading by the looks of it......
Statement on the UK's Sanctions on Dealings in Transferable Securities or Money Market Instruments
Petropavlovsk PLC ("Petropavlovsk" or the "Company") is aware of the provisions of Regulation 16 of the UK's Russia (Sanctions) (EU Exit) Regulations 2019 (the "Regulations") in relation to dealings with transferable securities or money market instruments ("Securities") issued by certain sanctioned entities or by certain persons connected with Russia as defined in the Regulations (each a "PCWR").
Having taken legal advice on this issue, the Company does not consider that its shares or debt instruments are Securities in which dealings are restricted under the Regulations on the grounds that:
· the Company is domiciled in the UK and is therefore excluded from the operation of Regulation (16)(4C) (by operation of Regulation (16)(4D)(a)(ii)); and
· although the Company has a number of direct and indirect shareholders who are PCWRs and who are domiciled in Russia or may be restricted under the Regulations, it is not owned by a PCWR (within the meaning of Regulations (16)(4D)(b) and (16)(7)), because - to the Company's knowledge - no such shareholder holds, directly or indirectly, more than 50% of the shares or voting rights in the Company.
When this breaks 4.00p >>>>>>>
We are on the move again >>>
May end up Blue by end of day ??
Gone into auction again.
Should bounce up well on the way out.
It looks like the big seller is done now.
Price is slowly recovering, slowly, slowly !
03-Mar-22 10:01:24 2.362 2,116,850 Buy* 2.198 2.21 50.00k O
"At the Northern Zone, we are expecting the assay results to be returned before the end of the month after a short delay at the laboratory. We remain very optimistic about these assays and once they have been processed and analysed by our team internally, we will publish to the market. Previous results from Northern Zone have demonstrated good widths and grades and we remain bullish about the potential for this project to deliver compelling results from our work campaigns in 2022."