George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Out of interest, how many wells does Avanti have?
RJ is right, need to understand how our specific resource and flow translates into value. Yes we get better value from a 4.7% helium mix and then no carbons, we will likely get an improved flow with artificial lift. All to play for and exciting times ahead. Keep it real too.
Oversold again.
The intraday chart looks like the BRB's vapour trail as his focker chases brok-ken over Normandy. Once he's shot him down he will fly back up and equilibrium will be restored.
Some of you really think it's a market with mm's and traders and stuff when in reality it's the work of kids drawing lines with crayons. That's AIM for you.
And what would you tell those who sell on your 'advice' if the sp then goes above the current price at some point???
Clearly in the de rapper boiler room they decided that going on and on about the BOD buying more shares. Yawn - it's one of the very worse indicators of future success that there is.
Did you just agree with yourself there?
Its Leematt and the broom is up his @@@@
It's very relevant. When Tai 3 drilling was finished and we didnt have enough data and hadn't been able to drill deep enough, the wheels seemed to nearly come off HE1. At the time the decision to get the rig over to Itumbula got a lot of pain from shareholders. LB was proved correct and even to the extent that she decided to move the target well at Itumbula after they had spent time prepping the pad etc. such was her conviction that they had leant valuable stuff at Tai that informed the best outcome for Itumbula. With hindsight she was spot on.
We have a CEO who is a very talented geologist and we see a lot of negative on this message board about how she doesnt know how to be a CEO (I disagree). But LB as she said in her words has 'found it'. We are in a very different positive situation now and I'm prepared to wait out the prospect of a discovery which for me is now far far more likely.
The point re off takers is that HE1 used the words "will then be in a position to advance discussions with off-takers and industry partners". This suggests they have off takers but will need to well test before finalising any agreements.
To 'advance' does not mean to 'start'.
It's just semantics. Noble will need to prove the flow too.
The cat is floating mid air.
It's recovered today because it was oversold, not because of what the Noble CEO said. It would not be the first time Noble had done a positive presentation and/or mentioned HE1.
Was the previous presentation misleading though? She specifically talked about long term opportunity for investors. I took that to mean we were at the start of a journey.
I too bought some more today. Will keep some out now for a placing if it happens. I think you can be fairly confident the Market Cap will be much higher than it is today going into the EWT. Also it is not unheard of for to get a farm in or JV before EWT - or even drilling - so anything is possible.
Oversold right now.
Some will leave because they want to do something else with the money before Q3. Others will accumulate. Some will do something in-between.
Some will be keeping some powder dry for a placing.
Honestly, when the EWT starts I think this will be in a very different place and believe me that the de rampers agree - it's just trying to game the SP for them.
Equilibrium 'here is zero excuse for them not issuing another statement to say that there is no reason for a 50% drop in a week. '
What could they include in such a statement. Th SP has fallen because the EWT work is perceived as the next significant event and that will be Q3. What should they include in the statement that doesnt break regulatory rules but is true?
On a more sensible note. What does the board think the EWT will cost?
We are all holding, accumulating and ignoring the stupidity to be frank. Looking forward to Q3 and plenty of news before the EWT.
You could have started with the last paragraph and then nobody would have wasted half a Sunday reading your epic de ramp. Like watching dust accumulate on a mantlepiece.
That’s one well with no assisted lifting.
She wasn’t downbeat so hard to believe anything else you write. I thought she was authoritative.
'I think they are panicking a bit, which we can all clearly see'
I'm sorry but what and who is this about?
This board BOD members buying shares in a big red herring. There are no indication whatever that it demonstrates future share price growth. Also there is nothing to suggest that LB has sufficient funds to buy lot's of company shares even if she is allowed to. A lowball amount would be distracting for the wrong reasons.
LB will is clearly career minded. Her capital is making this a success and making strides as a leader in the industry.