George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Evanescent, I for one will buy some more when the price seems to have settled, so much in the pipeline still.
Agree nuclear needs to be developed and is being developed further etc, that's why I am invested in uranium stocks.
Don't agree re comments on wind turbines. See eg https://www.iema.net/articles/calculating-carbon-payback-for-wind-farms. Even if these figures are two+ fold off what you say is incorrect.
Yes followed my last post and purchased a few more, in for a penny ...
QF
Isn't this reaction overdone? The MM arrangement remains in place so SLE ain't going under.
I suspect many small holders were expecting some kind of Xmas bonus here and have been disappointed and bailed ...
Think we all are. Jam tomorrow for 10 years ...
Well maybe not.
Afe, Using your posts as buy-sell flags ;)
Well Malcy is still enthused
"It will come as no surprise that due to the complexity of the deal that there has been a further delay in completion. I expect that when it does get closed it will not only transform SLE but shareholders will be on the receiving end of massive returns, the patient will indeed be rewarded, this is no time to bottle out. "
Que sera sera
Yep shafted!!!
Me too fwiw, 130,000
I'll vote against this too.
Come up before, but what's with these 1 share trades at open and, today, close?
marineclark, largely agree. But i am long term holder so it does not feel like "free" money at all!
Redeye Yes it's the same but you have expressed it as annual % return (yes, the more usual way) so divide mine by 3 gives the same number (subject to your approximations)...
Based on $40 mill USD, 449,913,026 Pref shares, and todays sp I make it ~19% return overall (not in one payment). Assuming all $40 mill becomes available of course.
This would then be on top of any divi linked to standard shares.
Have I got this right?
QF
Well I hope so but I see 8 trades (15 min delay) ...
And the smaller the free float the higher it should fly on positive news for us smallholders.
AFAICS it's an increase from 72.16% to 73.00% ...
Yes agreed and not nice! The free float remains low and small demand can lead to big rises in sp, works the other way too as we can see!