George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Goodbye Hazbeen
A great RNS, interested to see the timeframe for moving this forward and whether that makes HUM come and take a closer look. Is it 18% they already own? CORA have good backers though that might want to see this all the way through to production, time will tell.
HUM looked at AGG a while back and the deal didn't progress due to artisanal miners being a problem, not sure if that issue has been resolved.
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=CSP.L
Try this link
Seems like there's a bit of interest in the SP, a few trades going through and I can see rated as a buy by the British Bulls https://www.britishbulls.com/members/SignalPage.aspx?lang=en&Ticker=CSP.L
Lets hope they are right!!
Been saying for a while what is next and moving away from a single asset company is important. Dugbe seems too big without a senior partner so could be sold off. AAG didn't turn out to be right so CORA looks a great option either to build a second processing plant or maybe to just increase the Yanfolia LOM. Buy backs would be great but feel dividends maybe a year too early for my thoughts.
Any other distressed miners out there?
Single asset company, personally would like to move away from that, remember the issues with the pitwall? Big decision I accept but with the cash being made there must be some big strategic decisions to be made.
Reading yesterday how some "experts" are predicting the FTSE to go above 8,000 (1 expert said above 8,100) so I wonder how this might hinder the gold price. Currently it does not seem to be hindering it but could the gold price be $1,650 by end of 2020? Still lots of growth potential for HUM but would like to see Q4 results be stonking but also what's next? CORA? DUGBE?
Very very odd!!
Very odd poster our friend Hazbeen, see's no reason to invest in CORA but feels the need to come and tell us all?
What an odd post Hazbeen, you seem to not want to invest here but feel you should come on the board and post the argument against investing in CORA, very odd indeed but luckily I think people will make there own minds up!!
Big increase for a seemingly small number of trades!!