George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
200,000 I should have typed... That's quite a endorsement you'd think.
Roald busy once more snapping another 100,000 shares up...Thats quite a few he's accumulated over a wee while now with some at 38p no long ago. What's folks thoughts on his rationale, must be expecting some future news that's going to give him a good return surely? Be very strange if he was simply "throwing money away"
Howie if your reading this could you confirm if HL still not giving buy orders.
I'm on x-o. £5.95 per trade. No fees for my accounts (isa and nominee)
Just tried on x-o platform howie. Would not accept 10k but offered at 5k. Price was about 1.17
Cheers for the clarity Castle
"It is anticipated Completion will occur before the end of March 2024". ... Anticipated! the earlier agreement ended up with an extension of one week so time yet.
I'm trying to work that one out also, I'm left thinking that possibly it's to do with planning application etc etc and
Then hey presto... Oil down tullow up. Think it's called fluctuation.
Could well be a delay whilst they make sure that what they are signing up to is exactly what they've been "sold" by the guys at orca.. See no reason why they would "play hard" though, they either believe what's on the table and want in, or they don't in my opinion.
Whilst we await further news that could shape the sp going forward, on recent high/lows then it's reasonable to think that the low is about 28 and the high about 39...oil is above tlw figures based on $80 and as "the busy season" kicks in to gear, along with the impact on oil price that conflict brings then it would appear that $80 and above will be easily achievable. So at today's 30ish level the upside far outweighs the downside in my opinion, and therfore makes holding or even buying on any dips a decent strategy. Like others have said, if the Kenya or even T/O Rns drops then it's going to rocket... No news then up and down to 28 before a rise towards next ops update.
Chinese in for a 60p take away and snapping up Kenya et al. Be a cheap 200,000 bopd that would keep their lights on lol
I'd say it's the same as wondering if it can hit last years 39p again. Any number of things can affect the price so it's a difficult question to answer with 100% confidence. So my take it that offcourse it could hit 25p, I think however that's unlikely...but just like covid then the ukraine situation caused oil prices to drop then fall, who knows what the future might hold
That is true, but it's recognised as being the bedrock of humanity... I hope the Chinese buy my shares for 60p lol
"Without Hope" no one has nothing Anton.
120,000 bopd, Chinese heavily invested in other Kenyan infrastructures etc etc.. Be nice Melon if they offered TLW £2b lol.... They'd be aswell making a t/o approach at 60p and getting everything for close to £1b. That's not a bad deal for a potential 200,000+ bopd. I'd be happy to cash in.
Agree Cat
Is everyone kerling up to date with all things phe on LinkedIn. Just another source of info that helps to get a wider picture of what and where they are getting exposure.
Yup JMAX, that's something for consideration...same with any large project in many parts of the world. Pity we never had a load of opportunities in the more "stable" UK North Sea area, and gave all the profits as windfall tax lol. I'm a bit more positive than 50% with Kenya going ahead with TLW at the helm.
That's exactly my take on things also Seeking Alpha...does not guarantee it will happen, but logic, common sense, economics and every other thing I can think about would suggest it will go ahead "eventually"