George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Long way to go as passion paid, if you keep in it:) shortage of semiconductor demand on OEM as Electric vehicle needs plenty of them so, this gems to fly much higher than todays...multibag for long run and few bag for short run...DYOR
Today's drop give a opportunity to top up which I have missed....nothing to worry as I believe and read some TROLL comment without any base....this price is perfect to add in position:)when this get deliver as per last RNS,Based on the scopes of work being discussed with these potential new customers, should they lead to contracts, they could contribute between $2.2 million and $3 million to the Company's revenues in 2024
Agree, more to come as news spread and realise potential....it was play between 0.3 to 0.4 whole year so, lots of upside while limited downside from this point...Patience needed for next few week and stay with your holding as big swing going to happen at one point over the next few days:)
This has hold back artifically until result announce because 88e is keep coming back for raise extra share which no one like it....but now flow result positive, this back in life min 1.2p and possibly touch again 4p in short term...look sp in 5th March 21 to 2nd April 21....in one month 0.4p to 3.4p so, do not sell this with min 5bag from here:)
Time to load up, if you have seen previous rise of this little beauty...double listed and found oil so, no matter what has in circulation but demand is outstip supply with anticipation of verical move:)
As said last week, this has oil but need to find how much so, next testing even more interesting as that is extra play zone...if it has more oil than this, this will touch to 4p in expectation before result...multibag and secure your exit on time..DYOR
I would take punt into this as after long time, someone officially says..restoring some value to shareholders means,min 10bag from here when it get some confirmation about shareholder approval and that is easy for Amgo to get that approval which we have seen in past...DYOR
Jonathan Roe, chair of Amigo, said: “Jim McColl has an impressive track record of creating valuable businesses for investors and we are looking forward to working with him as we continue to seek a better solution for shareholders that presents the opportunity of restoring some value to them.
“There is no guarantee that a transaction will result, but with Jim’s track record we believe we have increased the possibility of being able to do so.”
As result is out by Tuesday and long weekend ahead, there is plenty to add in afternoon based on today's RNS where it has confirmed, oil has found but need to justify with test about quality and quantity...curve is on bottome so, any bit of slight positive will multiply from here in second..
Here is wording...
The Hickory-1 exploration well at Project Phoenix was successfully completed in April 2023 with very positive results from the wireline logging suite and sidewall coring program. Hickory-1 was subsequently cased and suspended as planned, to carefully design the flow test and stimulation program in conjunction with industry experts, utilising available offset information and Hickory-1 data to provide the best possible outcome during the flow test operations that are now underway. Hickory-1 pre-drill expectations were met or exceeded on reservoir quality and thickness, with oil shows and net log pay calculated across all primary and secondary reservoirs and identified a new reservoir, the Upper Slope Fan System (Upper SFS), which had not been previously tested by 88 Energy or other nearby-operators. The Upper SFS had the best oil shows across all reservoirs intersected in the Hickory-1 well and the mapping of the Upper SFS demonstrated a reservoir zone more laterally extensive than previously considered.
No matter how you rate GR but in my opinion, he will shut all critics soon and make this company as a producer and profitable business with Lithium producer...perfect time as demand sore and production comes live with offtake agreement on place...watch out:)
From big trade yesterday indicate, we see 3pmin soon even without any news....MMs try to get some loose share but end up with someone brought in dip and they pay premium eventually....it turn finally even VS has shafted all of us with three great RNS vested before placing RNS...
Agree, ignore this board until suspension lifted as no point to read few people like no AIM...he may have missed his short or place short but all of sudden he found it has suspended...poor EarlofAIM..you need to find another board today as normal TROLL:)