George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Well said and well done mwhite. Enjoy early retirement.
I'm nearly ready too.
USA WANTS "YOUR" share each single one.
Supply v demand = DEMAND is winning while anyone sells the USA investors will have pre market orders already in !!!
HOLD your nerve and simply make them pay more for EACH SINGLE SHARE.
DNA1 , when the proper traders in the US get to their desks at 5am to assess the overnight global news, btc value and start phoning up London with what they want to do today.
Stayed with a US person for a week to meet up. He was always getting up at bloody 3.30am. The man lived on coffee ??? I couldn't do it for sure.
Thank you Tyson. Sorry to those who want nel , this was a very kind tip. 20% up in 24 hours and plenty of US demand.
Sorry for off topic. I love it on here 4 posts a day max.
Over there its 400 an hour. I general stay away from lse companies with such trading posts. Too much "its up 1% " every 3 mins rather than facts posts. Thats why I love an off the radar share. Those who do know their stuff dont need to post. Teehee , i day lol
Premarket lift would normally start around 11am towards 2pm by the city types. Normal mums and dads getting in will be the normal hours in the US. Gamblers will be being drawn in too across the water, I mean slots type gamblers.
Again , just my own experiences of Australia, a slightly different type of share buyer probably to US individual investors. Still a proportion will be these types.
Hahaha, a name from the past ! I will not name them as you can actually get sued even from posting on here.
One early one involved chinese methane put it that way and another a lithium mine 8p to 1.20p and back. I had the mine plans from a CEO, but that again ....never happened.
Who not what sometimes, but now i trust no one and do mybown basic checks. Here I am in very small and can lose the lot without getting to beat up about it so the tip I got looked go enough after a bit of basic research. As I say I have no idea about the company , but I do have experience at cross market start up and the old rules.
£1.65 fair value ? Let us see what the extra new mining capability adds in Feb and the increased demand being shown here. I don't know what true fair value is as we need to see where the US buyers begin to slow down. That will indicate what they are prepared to pay and more like what true fair value is ?
I hope you are right.
DNA1 , thank you. The flip side RULE 3 - NEVER EVER invest money you cannot afford to LOSE. NEVER.
Just because there are 400 posts a minute and everyone is chucking money in does not mean the market players will not suddenly drop the share price to scare many in to selling at a loss. If anyone here has kept adding and is way above their normal levels then you are TOO mentally involved. Step back and seriously THINK. Do not be greedy.
BUY LOW.
SELL HIGH.
NEVER FALL IN LOVE even when you have made your first £100,000 profit. **** happens , trust me on that too. I have learnt many things over the years. My worst was about 6 years ago. A loss of £175,000 approx based on a lying CEO and CFO who I had dinner with in Perth. NEVER AGAIN trust anyone posting on here and only invest what you can afford to lose.
Having said that I am both very happy with the ongoing HEAVY demand from America which should continue for a good while yet and my initial amount invested.
I did not hold very low nor top up as the price rose by 10% but bought what looked like confirmation of the trend.
For me that was my buy moment. I am not jealous of those who bought 3p , but I would be sad at those who put too much in and lose it.
Good luck all and do not fall in love , it is simple.
The US want to buy YOUR shareholding cheap. Are you going to let them have it for less than you think it is worth?
That is completely up to you.
I am only here based on basics and a tip. I know nothing about crypto other than its limited and becoming hard to mine. Those who hold the ability to increase time and energy to mine will have all the advantages. I buy a lot of my shares on ASX Australia basically if the company has a high level to entry for competition or a new IP AND they are expanding with demand to a new Exchange to open up in a new market.
8 out of 10 start with either the money raised to open the new market or open to market to access new money.
With DEMAND way outstripping supply here , I bought in.
It is basic economics. We buy a piece of paper ( or we used to ) and that 1 share is part of the value in your hand. Mine is sitting on a table in the UK. A person in the US wants to hold that piece of paper because they think to them it is worth more than I paid.
I say if you want it that bad, you will have to fly over at their cost to buy it out of my hand ! The choice is theirs.
At this perfect time there are planes full if traders flying over to many parts of the UK trying to find you people across the UK who hold all the paper and how much that 1 share or piece of paper is worth to you. They seem to want to pay a lot more than you think so say come back Friday and lets have another look at my price.
Now I am old enough to remember paper, but you get the idea , being on a screen are lots of numbers flashing up and down in value and I think many simply see BIG numbers and forget what YOU hold in YOUR hands.
Be strong , the US WANT YOUR PIECE OF PAPER on the cheap !!!
Bananaman , fully agree. I am only here based on basics and a tip. I know nothing about crypto other than its limited and becoming hard to mine. Those who hold the ability to increase time and energy to mine will have all the advantages. I buy a lot of my shares on ASX Australia basically if the company has a high level to entry for competition or a new IP AND they are expanding with demand to a new Exchange to open up in a new market.
8 out of 10 start with either the money raised to open the new market or open to market to access new money.
With DEMAND way outstripping supply here , I bought in.
It is basic economics. We buy a piece of paper ( or we used to ) and that 1 share is part of the value in your hand. Mine is sitting on a table in the UK. A person in the US wants to hold that piece of paper because they think to them it is worth more than I paid.
I say if you want it that bad, you will have to fly over at their cost to buy it out of my hand ! The choice is theirs.
At this perfect time there are planes full if traders flying over to many parts of the UK trying to find you people across the UK who hold all the paper and how much that 1 share or piece of paper is worth to you. They seem to want to pay a lot more than you think so say come back Friday and lets have another look at my price.
Now I am old enough to remember paper, but you get the idea , being on a screen are lots of numbers flashing up and down in value and I think many simply see BIG numbers and forget what YOU hold in YOUR hands.
Be strong , the US WANT YOUR PIECE OF PAPER on the cheap !!!
US Listing creating BASIC SUPPLY & DEMAND. Rule 1.
Demand for YOUR INDIVIDUAL SHARE IS the US NEEDING THEM. WAIT UNTIL THE DEMAND CURVE LEVELS if you want to sell - it is pretty clear and basic economics. BUY LOW SELL HIGH Rule 2.
Many would be achieving great cash amounts here but until these rediculously fast rises stop , THE SUPPLY & DEMAND are out of step. The US LISTING is causing this HUGE DEMAND stateside. Rule 2 BUY LOW ..... SELL HIGH.
Extra mining capabilities are active from Feb - 4 weeks.
Results and news of this WILL simply add more to the company value
My suggestion. Read what the pundits in America think, then apply Rule 2 Supply & Demand , BUY LOW SELL HIGH.
It is scary seeing your account generate such cash so quickly, but you will kick yourself for selling out BEFORE the increase in mining power and actual RESULTS of company cash generation. Do you think the price will drop when they are making and mining more per month ???
Enjoy this perfect moment. Remember the rules and evaluate in Feb - only 4 weeks. Until then the demand from the US will drive the price of your small portion of the company up.
On this occasion it is very simple. No unclear drilling of oil. No new tech trial, no unsafe country who might land grab or tax your asset out the blue. Nope. Just simple supply and demand.
92c now and 22% up. Close should be very interesting. Buying pressure at the bell will pretty much ensure a great start first thing in the morning here as the orders from the US need to be filled. Biden will hopefully have won both Georgia seats too so sparking US recovery spending possibilities as he takes the Senate too. I hope anyway.
Thanks to TysonFury123 for the tip
US link , thanks Masksnewmorm
Up to 90c to buy US
Bought £3k more @ 57p cheers tyson.
65p to buy IG
US listing soon then @@. Just found this thread.
I am invested in several hydrogen power creation companies and was tipped this by Tyson purely because of the power draw from mining. It sounds like here the energy supply is hydro, but other companies may need more remote servicing and solar/electrolysis is taking off too.
Tbh there are soooo many posts on here , if anyone is able to give me any advice regarding energy supplies for further development then could you kindly post a reply on NEL asa found on these forums. I basically live therebon my own lol
US application to trade is likely to be decided when ?
The fact any buys will draw straight off the LSE allocation could see this share rip a new hole in price targets prior to December 2020.
https://www.lse.co.uk/rns/ARB/application-to-the-otcqb-venture-market-in-the-us-49or8ucjkj7d7f5.html
Tyson , cheers. I've been busy this am , but grabbed £3.5k @55
More of a quick trade ? Took a blind punt on this based on your reply. Its not what I do normally so here goes but it was already going lol.
Will look later , but any target you have in mind ?
LITHIUM NEWS.
"positive Preliminary Economic Assessment targets the production of 20,900 tonnes lithium carbonate from a 3,140,000 tonnes lithium carbonate equivalent (LCE) Indicated Resource from the 150,000 acre Lanxess project."
RRI 41%
All in cost to produce battery grade lithium in the USA $4.500 approx and selling for UPWARDS of $10-12,000 PER TON.
Production of the lithium from brine is not vapour pools which typically take 12-18 months as in most of South America. Nope, Lithium Carbonate at Smackover site takes 24 HOURS ONLY. 24/7 operation from liquid brine so no drilling.