George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Big buys this morning......someone is loading up.
All markets are well down and depressed now. The company is keen to drive down debt which will improve margin and the share price should follow. I do suspect however the company will be bought out by another as the value is too appealing now.
Like Warren Buffet says. Ignore the market and know what you’re buying. You don’t need to worry about the share price then.
Like Warren Buffet says. Ignore the market and know what you’re buying. You don’t need to worry about the share price then
Well for sure the market doesn’t like the update and the company is clearly struggling. Analysts seem optimistic on the company’s future and so am I but there always doubt in the market. People are clearly selling and running away. Clear question is has WJC got a bright future?
Good time to top up under 100 million mcap.
Its very common now for directors not to own shares. Everyone has their own agenda when it comes to investing and private financial situations.
What are you going on about ?
The only RNS required is the Funding agreed money in the bank RNS.
The market doesn’t want to know about anything else.
Wait for the money !!!!!!!!! No real change here.
Good Luck !
Agree.
We want TRX to fully demonstrate high value growth on growth years and this will reflect in a better share price. Really think this will be 150 million + company in the next 5 years, million in 10 if they are not bought out beforehand.
Share price is still in its stuck state. This company is so undervalued at the moment, and I have high hopes of it doing well in the future. Great price to buy in now considering revenue is growing and growing profits which shall turn into larger dividends going forward.
Considering the challenges, I would agree. But who knows what the future holds. In the board we trust as shareholders.
I'm certainly not. They haven't got to do anything. They could just sit there and do nothing if they wanted too. They feel its the best course of direction. Im happy with the board and the way the company is run. I woudn't be shareholder otherwise.
Whats funny child ?
Why repeat whats already known ?
The board isn’t being forced to sell anything. They feel that its of the best interest of shareholder to sell the assets due to sanctions. No War no problem. You seem to be so concerned about the negative aspect of the company but do not praise the fact the company has remained profitable and well run throughout this terrible ordeal.
Again, you are wrong and overopinionated. People like me do thorough research and buy on the comfort of that research. You don’t even know me, so your comment is farcical. No one with any sense would buy a stock on the back of opinions on a bulletin board including your “opinions”. If they do, then that’s their first mistake. Never rely on the research of others. If you get it wrong yourself, you only have yourself to blame. Best way of learning.
You clearly have a grudge against Polymetal and your opinion means absolutely nothing as a non-shareholder or board member.
I believe Polymetal will be in a much better position within the next ten years, concentrating on existing assets in Kazakhstan and other prospects.
DYOR
AIM level ramping. Sorry I personally don’t ramp shares just share my thoughts via a lot of research. Perhaps you should spend more time researching shares you may actually buy?
No, you are simply wrong I'm afraid. The Board have done the best they can. Russia will not be recognised going forward. The war will continue for years I reckon unless Putin is killed tomorrow. And sanction will remain for years thereafter.
So, the board is making completely the right decisions in my opinion. Doesn’t really matter if you agree as YOU ARE NOT A SHAREHOLDER or on the BOARD.
Hi John
With my own calculation I’m being quite cautious and conservative so I’m expecting less than 6bn bid. Obviously, I want the company to obtain the best it can, and it will be interesting who bids for the assets and for what price $$$$$
I agree paying down the debt makes more sense to me and should come first before paying a dividend.
It will be interesting if they do break the 1.7 million ounces they are currently predicting. Polymetal has always been a well-run company, and believe they are doing the best they can in such a terrible situation.
Personally, I’m not expecting a dividend this year. The balance sheet will look far better without paying one for now and they have still tons of inventory to sell by end of year.
I’m not even bothering speculating the price of the Russian asset sale as its completely pointless. The WAR has dictated the valuation and price and the Board will just have to go with it if they wish to pursue with the sale. Of course, shareholders will have the vote on an action proposed.