George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Todays events should be a wake up call to the world start developing you own natural resources and once again we are in the right place at the right time.
This might be the kick up the backside these governments need and another chance for the terrible twosome and us.
GLA
Courtesy of Nick over on ADV.
https://twitter.com/i/flow/login?redirect_after_login=%2Fhashtag%2FBulletinBoardHeroes%3Fsrc%3Dhashtag_click%26f%3Dlive.
Off to work now G.L.A.
Morning dudes.
All quiet this morning, looks like peeps are waiting for an R.N.S, I thought something was brewing about two weeks ago and bought a few more at the S.P low.
When the R.N.S lands the sp will go into orbit as way oversold peeps will have to pay alot more if they can indeed get hold of any shares.
The bid at .20 was before we had the final payment from Shell and then the bidders said they were pulling out as it undervalued the company and would not be fair on share holders as they were also shareholders (a weird one).
A.T.B
Sold out a couple of years ago at a small profit and just bought back in a few today, these really are cheap as chips A.T.M
I really feel for you genuine investors.
Heidi and her avatars/crew totally destroyed the RBD BB and it has never recovered.
Pure evil!
Hard as it is for me to say and swallow it does seem, that is what the market values our assets at zilch.
We will hear from ADX at the end of the month if there has been any progression with Parta as they were looking for investors and funding etc.
Boil are trying to progress Dunrobin since last year so we should hear more from that.
Daybreak is a K.S company, so we can now write that off completely.
The market also obviously does not believe in W.N or C.S.
Also striking is that at this SP none of the BOD are picking up shares and the share buyback has not restarted the mind boggles.
To say I am perplexed is an understatement.
And so apparently as the non core assets as far as the market is concerned although SW disagrees, but can't be bothered to argue as he believes they have value.
The mind boggles.
It is his job to convince the market of their value and to attract investment.
I will wait to see the ADX update on Parta later this month in their results as they haven't thrown the towel in according to last year's statement.
Kamrans Daybreak I would allow to fall into receivership just to screw him over for all he has done to this company and it's shareholders.
Dunrobin BOIL will do the legwork and are doing so doing the 3D seismic and attracting a farm in, so just sit back and wait.
I agree no more money to be spent on these assets, but they still have to attempt to extract value, either by farm in's or sell them.
Rather surprised we are not a lot higher, but general apathy towards this company remains deeply rooted and not without reason and the 25 million sell didn't help.
Having said that I still think the share price is a steal at this price with all the assets they have even if they are in a hiatus with them A.T.M they still have value and we are still valued less than the cash.
So just to cheer up my detractors praying for my down fall along with R.B.D, I have added again today, the first time in six weeks actually.
The whole board need's to brush up on their P.R skills and get a few more institutional investors on board.
A.T.B