George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Is now the time for the BOD to bring in help to run the company? Clearly there are too many plates spinning all at once for PG and LB to deal with alone. Delay after delay, setback after setback, deadlines missed. It seems as though a lot of people are not happy with the constant disappointment (yes, not all can be attributed to the BOD, but a hell of a lot can be)
The kind of dumping of shares the last few days is akin to a heavily discounted placing that we've all been victim too.
Personally I think if we get one more delay/setback and there'll be much more dumping than we've ever seen and could see the SP at all time lows. My confidence is waning and I suspect I'm not alone, however I'm hopeful the sandjet testing procedure brings good news and with it a new confidence. Otherwise it could be curtains for PRD.
Liebe Grüße from a cold and wet Germany
nobody deserves to be abused for what they post, either here or on twitter. @grh, regards twitter, there are steps you can take to reduce the amount of ****s responding to your posts. perhaps that's a better way forward than not posting at all, as there are some who enjoy your posts.
turning off comments, only people mentioned in the post can reply etc. check it out, it might sslvage some of your sanity, reduce the amount of ****ty replies and benefit your true followers.
the amount of trolls in here yesterday was shocking, seemingly lth but between them hadn't 5 posts in 12 months. @ssholes isn't a strong enough phrase for them.
switch off for a few days genuine holders, nothing we can do or say will change the outcome of yesterday's rns, take it easy and enjoy something else until next week when the dust has settled.
liebe grüße.
@BRV, that theory should be all over Twitter!
I strongly disagree with every part of your post. I have no other sensible words to say.
Looks like whoever leaked info didn't leak either positive or negative info.
@staylong, not sure where you checked the "open shorts" I found the best place to check was ortex.com, although it's not cheap. That said at these prices any insti's looking to go short with the SP so low would need to short sell about 6 billion shares to make the risk worth while. I dont think the risk/reward is worth it.
Anyway, it's a long term hold for me.
Guess LSE dosent want to lose any more people to the better alternatives.
@acotty, telegram link
*************predatorprd
@ra11, can I ask where you aquire you maths skills? Your figures don't add up.
People sell for all sorts of reasons, I had to sell shares about 4 years ago to pay for my father's funeral, upset me having to do that but there you are. Don't forget there are thousands of investors not on this board who don't care what others think, or concern themselves with what the SP is currently doing.
If you believe, that's all that matters long term.
personally speaking, i think ryan had his one chance to make a difference in irish politics and he chose to be a stubborn ****** with his policies. elections next year and sinn fein are on target to become the majority party, meaning "bye bye green party" perhaps he's realised his party policies are affecting people way more than he imagined and affecting irelands energy security to the extent that he alone will be remembered for.
@acottt, if you are to believe twatter then all the insti's are buying prd right now, however other than a nice rise over the last week I see no evidence, no tr1 as yet so I remain cautious. That said, it is entirely possible that 1/a few/some/plenty/all insti's are quietly building a position.
Take everything with a pinch of salt until evidence suggests otherwise.
Including this post 🤪
And if no JV with tesla?
My guess is that you'd want to know for certain there's something to test, if you've booked a rig for say 4 weeks (2 weeks drilling, 2 weeks testing) and you've drilled a duster you're paying for 2 weeks for nothing to happen. I could explain in a much longer way but I'm getting ready for work so I hope you get my point.
@MEM, do you mean the twitter link that was obviously a p155-take.
I read a rumour on twitter that one of the big Majors Was building a stake in PRD on the quiet so as not to alert the market.
**heads off to Twitter to post rumour about major O&G quietly building a position in PRD**
@razorman, it's posted in the TG group for prd.
@ART 6p? Fingers crossed.
That you don't get your entry price.
I'd like to think this is good news for PRD but no doubt some other firm has been handing out bigger brown envelopes stuffed with cash to influential members of govt.
@chesh- you're getting a bit boring here. are you even invested in prd? i remember some of your previous posts in here from a year or so ago and you were an antagonising ***** then so nothing has changed i see.