George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Exactly right. This retrace could’ve been seen by a blind hedgehog. In a bag. Macca not looking so daft for selling 50k at 0.52. If he’d only waited 24h could’ve had .54. Stagnation at 0.47 sounds about right until the build up towards the next bit of news. Not that any of this matters, nor that MM will give a flying, whilst the plant continues to progress without major setbacks. Nearly ‘there’....only another year to go. Or two
8m and still buying. Slowly
If I had 333m shares i’d be more careful. So what happens next then if the crown owns them, they just flog em?
Exciting times. The regular 3m /5m selling appears to have abated. Hopefully for good. Jig completion could spike us into the .6s but I doubt we’ll stay there long with no further news. Nice for this little rise to wait until we’d (nearly) all topped up our isas! Got 0.44 for mine just on Monday! Currently that’s looking like my best ever timed trade...
Is it just me or is this the longest March in history?
Parties over...
Because we were all getting ready to bed and isa 5m a piece.
Feels like we’re due a steady climb back up...
Surely someone as experienced and knowledgable as yourself (I mean that sincerely btw) knows that reasoned logic such as that, has no place in this world of lies, thieves and a-holes also known as AIM. Everything has become much easier to understand once I came to realise this
Anything to take away or same old? Looks like ‘the market’ is convinced there won’t be a placing this time
What time is kick off? 8m after today eggy, gonna catch you!
2g top-up. My moneys on no placing but ramp up being pushed back a few months due to steel not arriving on time. Or something like that. The presentation will be the usual ‘in budget, lots of scope for more stuff in the future’ gumpff that we’re becoming accustomed to. Looking forward to the re-rate towards Christmas!
Fair enough mate. I’m only guessing and happy to be proved wrong. Preparing myself for the long haul and no significant jump will make any earlier rise all the more welcome. If you catch my drift
People say ‘we’re nearly there’ or whatever but if one were to ask where MM thought ‘there’ was i’m guessing his answer would include statements such as ‘all tungsten assets at full production’, ‘loan paid off’ ‘gold/copper stuff well into develoment’ etc. His ‘there’ is probably 5 years off, if not 10. To think he gives a monkeys as to what the sp is today, in ten weeks or even ten months is, imho, mistaken. I’d be (happily) surprised if we see 1p this year, and 10p in ten years will do me fine
I’ll drop you a message next time I’m in the half moon and we can lament the sp over a pint
Ha! Grew up a few minutes walk from that Chinese and mum still lives over the road from it in Lazenby. If the winds right you can almost taste the sulphur in the air from the neighbouring chemical works. Thankfully never really got into the footy, found watching the boro too painful. Been proved a wise decision many times over. Hopefully much like my choice of investment here, though I’m coming to terms with the realism that until we’re well into paying off the loan, and theres hard income/outgoing figures to put to paper, we just ain’t seeing the 1p plus which people feel we’re due. Just IMHO. Still buying though, as this looks a pretty safe bet. Just gonna take time, a whole lotta precious time
Anyone been through the figures in the presentation? I’m assuming the gold quantities are still in need of revision following the appointment of the second group of analysts?
Now it’s one trade. Takes me to 7m. 10p now please
Merry Christmas all. Hopefully we’ll all be raising a glass to Wres in 2019. See you all at the 1p party Pete
Personally I view his as a great day for WRES and MM. Actually turning out produce from the ‘dirt’ has got to be a huge step forward, and is a slap in the face for the many posters who’ve lambasted this co. over the years. Suddenly the price of APT is actually relevant, money is coming in, and risk of this collapsing diminishing daily. I’ve been ****ed with MM and the delays and placing along the way, but I’m damn sure I couldn’t have done what he’s achieved here. And I’m smarter than you lot. Well done team WRES