George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Ls1,
"Debt will be cleared easily."
How? You seem to forget that the 'Greencastle' contracts require a loan from 'ICON'.
The revenue is essentially nothing more than the loan repayment and covering working capital until it's fully recovered.
The problem you have here is, it's another contract of a loss maker and again related to DGFS via 'Greencastle'. The 'BoD' need to demonstrate they have the ability to win 'non-incestuous contracts'.
Noticed how this was perfectly timed with the placing and EHGOSF increased holding announcements.
I certainly would not rush in on the latest shenanigans. DYOR... not for 'Widows & Orphans'.
PB, the £100K/month for the first year could well be the loan repayment with interest.
Remember, the terms of the £1,000,000 loan to Greencastle (DGFS) haven't been disclosed nor has has how or from where the £1miilion was availed to ICON.
Ss, it is true.
Ever noticed, no- one complains when it finishes up, but it's printed there are more sells?
Same thing... ignore the figures printed.
Like I stated, greater buy volume/value, it finishes up. Greater sell volume/value it finishes down.
Simples!!!
Silversoldier,
"you can't tell if there are more buys than sells"
You can, if it finishes up, then there are more buys, likewise if it finishes down, more sells.
It is totally irrelevant what they print on these bb's.
The electronic system works purely on mid so what you see is not the true picture. I just can't believe how many times this issue crops up and how many peeps still haven't grasped it.
'Sarashare', please take note!
... and while you're gullible enough to be taken in by this sort of fake information, remember what happened with so so highly revered expectation from involvement with 'Infotagion'.
Zilch, Nano, Nothing. Same with 'Alexa'... tread carefully.
MickR, they're massively in debt still and the revenue from managing JoeMedia is basically the return of the £1million loan.
Why don't they reveal the figures (speaks for itself)? The 'misleading' is not coming from me.
hfb,
... just a little naughty.
If you'd used exclamation marks, would have been a lot clearer:-
"and greedy when others are fearful" (WEB)
The last being yours "(fundamentals unbalanced e.g. cash alone 5m mc only 3m)"
That certainly is not the case here, as cash must be pretty much at zero.
... and if they cannot be forward sold:-
" It is expected that Admission will become effective and dealings in the Warrant Shares will commence on or around 14th October 2020. The Warrant Shares will rank pari passu in all respects with the existing Ordinary Shares in the Company. "
If the BoD on this occasion have decided to be true to their word (not publishing fake news as usual), expect another 4.5+ billion shares to be sold to mug punters beginning next Wednesday, or possibly Tuesday ( on or around 14th October).
Latino,
"JM Takeover"... by whom?
It's not a takeover by anyone. Greencastle (DGSF ) are buying it from the receiver with 'ICON' investors cash. Icon getting paid a management fee to run it (that's as much as anyone knows).
Stephen Birrell is a Spanish speaking geoscientist, who has worked in the upstream oil and gas industry for over 35 years with a deep focus on Central Eastern Europe. He has operated across multiple jurisdictions including the Caribbean and CEE with Britoil, BP and Elf. He is currently a Director of Ossian Energy Ltd and the President of ROPEPCA, the upstream oil and gas operator association of Romania. Stephen has a BSc Honours in Applied Geology.
mm_49,
... from another bb (hope the author doesn't mind), but worth taking note. Been bang on the nose for the last 18 months.
___________________________________________________
PWhite7330 Sep '20 - 09:14
"has signed a commercial partnership agreement with Glimpse Protocol, a leading provider of advanced technologies to Ad-tech."
Leading??? How is this company leading when it was only created in March 2019. Who has it overtaken in such a short space of time to be leading.
"Their cookieless platform uses two forms of advanced cryptography to protect consumers'"
https://www.glimpseprotocol.io/
Click onto their link above and the following message comes up -
"We use cookies and similar technologies to enable services and functionality on our site and to understand your interaction with our service. By clicking on accept, you agree to our use of such technologies. See Privacy Policy"
baraboy123,9
I sincerely hope the 'Market Capitalisation' has gone up (however ever so slightly relative to dilution).
Eighteen months ago, 160 million shares in issue... as of now 2518 million shares in issue. That's 15.74 times more and certainly not reflected as share holder value... it's been decimated.
( eye's wool over)