George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
How dare you anon3 "As for suggesting that the BOD always play by the rules and puts the PI first, well that's just laughable.
I'll be told Rob Terry is a saint next." With you on that one.
Rich what an absolute fool you are. I have been here a long time now and on the whole am very positive about HUM, note my comments about hoping to see HUM stand alone for a few more years yet. Yet you say I am talking about non-existent negatives, its an opinion you fool and looking at your posting history it looks like you quite enjoy picking a fight and insulting people so I will leave you to it!! Have a great rest of your day.
Rich what a complete load of b*ll*cks, I said that in my opinion the BOD don't look out for PI's (and there are numerous examples) and you stretch that to say I have accused them of criminal negligence? Mate take a day off.
Juxtapose, my point is that PI's have to look after themselves and you comment that most don't vote so if they don't vote who looks after them, so going back to my point was that no one looks after the little old PI's!! I think we are broadly on the same page here unless you feel that BOD will negotiate to get the best for the PI's which experience tells me is not always the case.
What conspiracy? I’ve made the obvious comment that in my opinion if there’s any takeover offer that the PI’s won’t get a second thought as per usual, what’s baseless about that and what’s conspiratorial about that?
Hi RTN, whether it is comparable or isn't wasn't my point, if DB gets offered a golden handcuff deal with share options and a place on the board do you really think he will care about PI's especially with CORA sitting there as a HUM mk2 (rinse and repeat)? I don't think he holds PI's in the highest of esteem in the first place!!
As I say though I hope we get to ride this journey for another year or 2 at lease.
Having been a share holder in Amerisur under Giles Clarke the PI had no influence whatsoever and management only wanted to look after themselves so I don't think Dan Betts would have a great deal of influence either way, but personally I am happy to sit and watch for a few more years yet.
If it is more than 40% over the average SP of the last 3 months I would be surprised and that would pitch it somewhere in the 45p-50p range and at the end of the day PI's have little or no influence on what happens but if more than one party are interested then it will certainly be game on and then you might be looking up to the 80p-100p range.
Personally I am happy to wait and see HUM goes for another 2 years or so.