George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Looks like a simple move of office within Mayfair.
The new address looks like its part of a multi-office operation run by a few companies offering serviced accomodation.
Hopefully its a cost reduction exercise.
GLA
Following the last couple of days content and looking at the prospects and fundamentals there is no doubt things are getting tight with respect to the margins.
It would be really beneficial to understand the basics, how much mined, how much shipped, how many machines are working
I appreciate some of the financials may not be out just yet but I can see that if Met Coal price doesn't increase via steel requirements then this is going to remain tight for the remainder of 23 at least and we may see increased sell off from original IPO holders. It's been hard for me to look at lately as I have got a significant holding here at above IPO price so this may be a long hold at this time.
GLA.
Sienna,
I am concerned at the "repair - parts awaited" for the 77.
I am perturbed at the comment about MBU sale at a low price and not actually just saying the sale of shares is happening.
What I dont know is if we are actually mining with 2 machines yet and whether the news is being held up until this possible deal between MBU and other party is done.
But calling it all a scam is suggesting there is no substance to the business and AW and others are getting gains in some other way at the expense of others.
I think the majority of PIs believe in the fundamentals, what we also probably agree on relates to wanting to understand why is there a protracted delay in 2HWM and increased production.
Until an RNS suggest otherwise we are stuck on the fundamentals of 1HWM 1 CM and the respective production figures they generate, but I believe that is still profitable, just not what we expected.
GLA
That hypothetical scenario fits with some dot joining I have done.
If you also hypothesize that if all the above hypothesis is in fact happening and that Comms is slowed / locked down to get the MBU / II deal over the line then as soon as it does get done the RNS indicating a new HWM is on site and has chomped coal for a couple of weeks and we get the update figures we could see the kind of re-rate we have been hoping for.
Cheers for the possible scenario Penstock and GLA.
Going to have to try harder than that PT12. JS was last year, we all know about that mots are over it, if it wasnt him selling it would have come via slowing news on production and price coal price drop.
MBU selling a stake and awaiting that outcome and then price and production is the story now not JS.
Keep popping in though!
Thank you Mick.
Iw ill just crack on and buy on the market, I was hoping to see a possible drop in price due to the offering and get them cheaper after the event.
Heh-ho!
I will need to read up on the legal case, another missed bit of info in my research.!!!
Has anyone heard from their stockbroker about the repair offer?
As it is only open to existing stockholding in place on 2nd March I thought existing holders would have been contacted by their brokers.
I'm with HL and have heard nothing yet.
GLA