George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
As pointed out by PS, the board already stated that a further raise would be required. The board now tell us it has to be done before the FID. Although not ideal at this time and had dented the recent rises, it might be worth taking advantage of this drop by buying a few more because you won't get them at these prices once the FID is finalised
Flying so far today. Let's hope we can maintain this and build slowly. We appear to be in the right place at the right time with the right board.
Utility, we need to stay angry and stay woke.
Utility keep herding them goats.
Utility are you a Moroccan goat herder by any chance ?
Utility I see you now have PNE in your sights. Give it a rest FFS.
Goza the project to supply the UK is not just solar but also wind. The amount of panels needed isn't as great as you think due to not needing as many due to the equivalent panel in Morocco generating 3 times as that compared to one installed in the UK.
PS good to see that you are as venomous as ever. This could be explain by the fact that not content with losing £600,000 here your next investment PVR has also taken a massive hit since you invested. You can't half pick em.
The way some idiots are taking you would think the people and services in Morocco were going to get all the proceeds of our tax bill which is total
nonsense.
PS, anyone losing £600,000 on this share is in no position to lecture anyone.
Utility, keep taking the medication.
Utility, name call all you want but to invent statements is scraping the barrel. To suggest you hope we get hit with a huge tax bill so that the Moroccan Education and Health service benefit is just plain stupid. Firstly their government has a poor history of funding these services due to a combination of apathy and corruption. Secondly the country is soon going to benefit from supplying huge amounts of solar power and gas to the world which will make the country a power hub generating plenty of income that their Government can put into these services if they can be bothered to do so. Like keep, I too pay my taxes and no doubt the money will be channeled into our NHS where you are at liberty to take advantage of your local phyciactric unit.
Utility I have not said Sound will be worth millions or billions so I don't know why you are inventing scenarios just to have a rant. I'm sure there are organisations you can contact if you require help.
Utility you need to read my post again. I merely suggested that it would send out the wrong message to pursue the tax demand so I don't know how you are annoyed that I stated they were going to brush it under the carpet. My post has attracted a few recommendations so at least some on here understood the angle that I was portraying.
Utility " no buyer is going to make an offer to buy Sound with an unspecified debt on it`s books".
Utility you must remember that this tax debt hanging over us did not put off the bondholders even though Sound was in a far more precarious position at the time. I still maintain that pursuing the tax issue against SOU would send out the wrong message to the industry at the wrong time and would be like the authorities shooting themselves in the foot.
Yes utility there have been many false dawn's for sure but we can all agree that we are in a far better position now than we were a year or two ago and we will no doubt be in a better position this time next year. Those with patience will soon see the outlook significantly change when we start producing and I have no doubt this will be reflected in the share price.
DD, Graham has recently stated they were looking at renewables.
Utility it's hardly surprising it drops backs. We are not at first gas yet but when we are and coupled with phase 2 funding then the outlook will be completely different.
Graham has already told us they were looking into diversifying into power projects so I wonder if he's looking at this.
https://www.en-former.com/en/morocco-uk-subsea-power-link-would-be-worlds-longest/