George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
going to 50p? so 25% lower than from levels pre-nhs contract?
aye. good luck with that.
Needs a bit of volume but should be getting interesting soon
https://twitter.com/Camp_Capital_/status/1219210572581031937
Joey,
Richard has been selling out of this stock for years. IMO he has no idea regarding the inner workings of the business as he sold his holdings right up to & during the Orion finance agreement.
People buy, people sell. I wouldn't be reading into it too much. Just looking forward to the day when his drag on the SP has diminished.
Who on earth holds an AIM micro cap for 3-4 years? let alone a micro cap in the resource space. If this is your approach, i would suggest a rethink.
ARS fell because their BFS indicates a relatively poor project at current copper prices. They are also close to being out of funds.
Have to disagree here. In my experience, the valuation cycle is steepest during exploration as companies prove up inferred resource. When moving to a production company, large debt & equity deals need to take place along with 1-2+ years of construction. A majority of PI's sell out of boredom, falling SP. Too many examples of this to count tbh (same goes for oilers imo). Look at ARS, SOU, SXX etc. most value was created proving up assets.
Is a moron.
Very substantial trades going through this morning, only one person with that amount of ammo.
Good riddance to you Harris.
Does anyone with a SP sub have details on the article? any snippets or main points they could share?