George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
OIL, I'm not too clued up on bonds but there existing ones have gained significantly in price of late meaning the yield has dropped, so much cheaper borrowing for Navitas. And should be easier to raise more.
https://ir.navitaspet.com/
https://market.tase.co.il/en/market_data/security/1169614/major_data
Personally looks like a classic tree shake, MM's driving the SP down to accumulate as many shares in anticipiation of news.
Many will say tree shakes are a myth and the MM's are highly regulated but I've seen it too many times IMHO.
Close of play Friday will be back in 12-14p range.
Don't believe this is critical but a Milei win would certainly help
https://www.theguardian.com/world/2023/nov/19/argentina-presidential-election-javier-milei-sergio-massa
Https://en.mercopress.com/2023/11/16/falkland-islands-government-delegation-engages-in-key-talks-at-joint-ministerial-council
Teslyn has been involved in the Sea Lion project for a while so hopefully it was a topic for discussion
i feel there a great deal of momentum building here. rkh share price has held up very well depsite the current market outlook. volume has been better due to a number of one off large trades without any material news coming in suggesting institutional investors trading.
borders and southern again showing some good momentum and increase on the sp as it did previously, is the canadian investor getting back in?
argos were also bought out by a canadian exploration company jhi associates, albeit for pennies in the end so may be a gamble but can't help think the canadian links may not just be coincidental.
politically, don't think any f the parties give a flying rats **** about argentina and will press on whatever.
strong buy and will keep doing so!
Mysteron, start of the week the MM’s had bids at about 11.5 and offers 13.5. Towards close today they were up to 12.8 and 14.5 respectively. Probably due to that last 1.35m trade. Someone is accumulating
I appreciate your question is rhetorical Mogger but for Godder’s benefit I will provide an answer.
It’s because they know, that unless a staggering drop in oil prices or their intervention, this project is going ahead.
Https://www.dailymail.co.uk/news/article-12405291/amp/Who-Javier-Milei-Argentinas-far-right-populist-politician.html
Could this chap actually support Sea Lion?
Hi Neilius, I mentioned about them farming out some of their Shenandoah field but it was only speculation. I've not seen it mentioned anywhere but they hold 50% of that field which is a large chunk and you would expectthem to want to de-risk.
Middle East markets are closed Fri/Sat so the Nav price is showing yesterdays close!