George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Spot the difference.
The close period (or closed period) is the time between the completion of a listed company's financial results and the announcing of these results to the public. The close period is typically regarded as the one-month period preceding the release of a company's quarterly results, and the two-month period before the release of its annual results.
A blackout period in financial markets is a period of time when certain people—either executives, employees, or both—are prohibited from buying or selling shares in their company or making changes to their pension plan investments. With company stock, a blackout period usually comes before earnings announcements. For pensions, it comes at a time when major changes are being made.
For the conversation we are having they are the same thing.
Slog is up to his old tricks and spinning an argument on the head of a pin.
Slug I think you better listen to the video that Eloro just posted.
Scott says we are in a closed period and he will be buying more stock when it's over.
So surprise surprise you're wrong again.
Which means you have successfully maintained your 100% record on being wrong on literally everything in life.
Also Scott couldn't be clearer, yes if we got a serious bid it would be put to shareholders, but we continue to de-risk and go to production.
The one point that really stuck out for me was a Partner, as in it will be more than one partner or a JV when we build.
Thank you Eloro.
I must have missed that addicknt, could you please post the link when he said we are not in the process of raising the project funding.
As you are correct if he recently said it, then maybe we are heading in another direction.
Would be grateful if you could post the link.
Addicknt being on the front foot for building Cascabel .
How about hiring two money men to raise the money.
The situation has changed massively.
As somehow we have shown the government we can do this.
Hence solgolds commitment to raise the money.
That's our commitment not someone else on behalf of us.
There is a huge difference.
My thinking is this.
We have committed to raising the money to construct Cascabel.
The government has confidence that we can do this.
Therefore where does the money come from.
I am favouring a mix of offtake and loans and no further dilution.
I strongly suggest that Franco Nevada would like to see an increase in the amount of offtake they can get in the early years.
And by funding us it protects their original investment and gets them to profit faster.
I believe we now have the ultimate defence in place now.
Hence why we hired the two money men recently.
If we were going to be sold, we wouldn't have required them.
But in order to take Cascabel forward they are absolutely required.
Thank you for the article.
Makes interesting reading.
As reported on here, we have the explotation license.
Also it says Solgold have committed to the billions required.
Not that we are going to sell or anything else.
It is unequivocally reported that we have committed to the spend and we will construct Cascabel.
No ambiguity whatsoever.
Oh dear more misunderstanding and rubbish from the most unintelligent poster on here.
My smart meter, gives me money.
I don't get a gas bill as I don't have one.
And even this time of year I am earning around 45 pounds a month.
Will rise to 100 pounds a month when we get warmer weather.
Put your tin foil hat back on slug, it has the added benefit of keeping you warm.
Good afternoon Skull, I agree with your post, but too blame brexit is incorrect.
Brexit has increased immigration which is a good thing.
Lots of people here who want the chance to work hard.
They just need time to adjust.
Maybe government should match legal immigrants with jobs that need doing.