George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
OK thanks danawinner, appreciate your obvious insight.. and yes agree FID is key, guess once ML in the bag what realistically is there to stop this given it appears equity funding is there if needed ? EU Funding and Additional (as yet unspecified) grants I guess. My view is that obviously there has been significant dilution, hopefully for right long term reasons so I am anticipating having to wait a lot longer for my target ROI.
If we finally get the effing Marine Licence and SP ticks up to 0.35 then you've got to question why we all remain invested. Has the 11.6p forecast (at a previous AGM) now become 1.6p ?
Topped up also, managed to average down to 0.66p which considering I first entered at 10p is only a huge loss, rather than a stupendous one. Hopefully this is now pretty much bottom, with Riverfort flushed through, Marine Licence in sight, FID, significant H&W contracts lets hope its a steady climb from here on in. GLA
RIP Snowman - only met you once and seemed a great guy. Your enthusiastic posts on this board will be sadly missed.
Board have been completely transparent and provided over and above what is required. Unless there is a genuine scientific challenge to Daera's guidelines then I fail to see how the licence cant be granted.
Must admit - if we are only at 1p at the end of the year, assuming ML, FID, Funding in place, EU Funding, Contracts for H&W, Construction started - I for one would be incredibly disappointed
You have got in at a great price Beware. My entry many years ago was 10p !! Currently averaging just under 0.8p. A tough year but does genuinely feel like next 3-6 months are going to be pivotal
it was really a sell - she was cutting her losses
I recalled that - although did wonder at the time how she was going to purchase one share
Good stuff Speedy. BTW - selling must be significantly Riverfort if they have around £250k left to ditch. I cant see why you would otherwise be selling big chunks at a point where H&W Contracts and Marine Licence are realistically just around the corner.
seems circa £250k worth to shift, some of which may be forward sold and then we can pull up the ML anchor and set sail into the sunset. Q1 could truly be momentous.
No pressure then !
https://twitter.com/johnwoo64494325/status/1212730413464137728?s=21
Thanks for this Broodbox, great publicity and importantly makes the clear link between H&W and the Gas Caverns being a big part of securing continued employment in NI. Hope the bees all had a good Xmas !
All very positive and transformational news. It does feel like rock bottom has been hit. What will be the Catalyst to really start to push this back towards the point where most people are in profit (circa 1p?). Will Issuing of the ML + major H&W contract push it back towards the high of Feb 2019, given the dilution ?
Seems all the historic analogies around the good ship INFA from BruSeaBonus and Snowman have proven to be quite prophetic !! All aboard !!
Small Xmas Top Up. Merry Xmas one and all.
Correction .. it’s on Sky Atlantic
Setanta have utmost respect for your opinion, and good to get all views from fellow shareholders with significant skin in the game. I’ve been in since 10p with AH and have circa 20m .. average just above your danger forecast .. hope your forecast is wrong but in with eyes open .. time for a nightcap and a binge of 8 days (good German doomsday series on Netflix)
Ha ha Brilliant Spud ????
JWs got your back spud
https://twitter.com/johnwoo64494325/status/1208454551369588736?s=21