George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Pretty sure Upside wasn't referring to a legal duty but a moral one. Anyway the point is moot as they have already said they are intending to pay it question is when and how much... how about $0.05 and end of June 21?
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(Real) revenue (from Italy operation) of £368,000.
Low quality current assets being "Receivables" of 2.1m on the balance sheet must be accrued revenue i.e. not yet billed - not recognisable as revenue under IFRS ( hence the disparity between the working capital and the income statement) In other words very subjective.
When CASH IN is netted off of CASH OUT there is £740,000 remaining. The operating costs are £352,166 per month. That is not enough to cover the next 3 months.
Equity raise on the way...
The 11% drop since the all-time-high of the 19/01 close seems to be closely tracking Rh spot.
https://www.tradingview.com/x/utPB1EU1/
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see for yourself: https://www.tradingview.com/x/IXHdNvMP/
I see this dropping back with volatility, and with day traders, speculators, moving in, before surfacing like a whale in a few months (maybe H2). The fundamentals are just too good to ignore.
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2 questions: (1) how much do you think it will be?; and (2) when do you think it will be paid?
Any brave souls...?
https://www.tradingview.com/x/A4z3qbyD/
April futures Pt. shooting star followed by red candle isn`t good (reversal) - need a good start Monday!
Fingers crossed...
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Someone told me I might be able to find a golden ticket in a Willy Wonka bar. I was hoping to acquire my golden tickets by purchasing SYME shares but apparently due some minor technicality this is not possible.
I don`t suppose anyone has any Wonka bars they would be willing to part with - for a fair consideration of course. I mean I really want those golden tickets because someone else told me that this SYME stock is going to the moon and well I don`t know about you fellas, but I want to be on that rocket ship when it lifts off - BOOM.
I do think that Wonka fella a bit odd though... not like AZ. I hope he doesn`t mind me calling him that ( I mean he is almost like the President) as someone else told me (and just as important). AZ is much more down to Earth, not easy when you have a brain the size of the planet Jupiter and speak 27 languages fluently.
Anyway, I do hope I find one soon - a golden ticket that is. Because I`m beginning to think Wonka bars are not (I hate to say it) real. Surely... that cannot be?
Someone else told me the lack of golden tickets is down to the factory that produces Wonka bars blew up this morning - something to do with the popcorn line (hence why there are not available). I`m inclined to believe that having worked in a factory and having eaten popcorn.
fingers crossed.
Black knight sketch - 1 arm hacked off (haha ..didnt use it anyway), 2nd arm hacked off ( makes my legs stronger a ha!), 1 leg hacked off ( in AZ we trust! he doth has the super glue ), 2nd leg despatched (while rolling on the ground) - come back your coward!!
Suspension lol...it`s all good nothing to see here...etc.
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Topped up.
Frothy metals market will lead to corrections inevitably but putting that to one side, SLP still is so undervalued on a PE, or cash profit per share basis.
currently at 16% of my fund and will likely increase to 20% cap. (And then more thank likely regret not putting more in).
Ce la vie!
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Excluding divis, funnily enough AIM has beaten all of the other indexes - see below every day I track the numbers (since 13 May 20):
18.38% FTSE AIM 100
17.91% FTSE Small Cap
13.98% FTSE 250
12.85% FTSE techMark 100
8.77% FTSE All Share
8.02% FTSE 350
6.94% FTSE 100
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Otherwise known as a Romalpa clause I think you are wasting your time frankly. I posted on this BB ages ago about a discretionary trust device. Some interviewer took my post verbatim and asked AZ and he said: "yeah... that's it" or words to that effect. AZ and interviewer won`t have the faintest idea what a discretionary trust actually is or how it works
I knew then all I needed to know. This is a gambler`s stock and good luck to all of the punters who make a bit.
But do not try to apply logic and reason. You will be wasting your time. People are on here and paid to ramp and ramp and FFS... what a job (if you can call it that). There but for the grace of ....oh never mind. Look, wait until the audited results come in for April to December 2019 and then look at free cash flow, and look at accrued revenue.
I suspect the former will be non-existent and the latter making up a hefty chunk of low quality current assets.
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https://www.tradingview.com/x/nlsliegU/
Rising channel continues back on track...
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-When you have a multiple in the 40's it doesn't take much for the SP to tank as expectations of future growth is so high. Therefore using them as a comparison of what will happened to SLP isn't very useful.
I agree with that logic. ( Was not intending to be unhelpful.) The sell offs of those others then may in part be explained by their high (very high) PE. That does make sense.
And even at an ask of 1.21, SLP is still very cheap on a PE basis.
And the net cash position as you say.
And the special divi
And the outlook for Rh.
I take your point about not giving opinions but that is why we are all on here isn`t it? This is a hold for me I`m edging that way.
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Yes, we know what is driving the sp.
No divis from BOO or AO agreed, and on that basis, and further that SLP announced a special divi (when payable though??) are you saying your view is there will be no sell-off ?
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