George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I am rather looking forward to reading the results of the general meeting tomorrow. Whichever direction the shareholders vote, the main thing is we put an end to the distruption and allow things to settle into a new status quo.
I was thinking more 'market abuse'...
Still no news Retour... I hope you're not lying to encourage buyers. Theres a name for that.
I agree with Mr Duck regarding Brexit. I’m now only involved with stocks that operate outside the U.K./EU. There will probably still be a little bit of a hit due to failing optimism or panic amongst U.K. investors but ultimately the operations of the co. are a separate matter and shouldn’t be adversely affected. Heck, maybe the more global operations will become more attractive to investors as the European economy sorts itself out in the aftermath, though I can’t say that wether that is likely or not.
I think a strong chairman will be a godsend. Perhaps that could be Mazrui but as ive stated earlier the man has been very tight lipped about his vision for the company (or anything else for that matter). If i recall correctly they have a few promising candidates. Maybe after the resolutions at the gm are out of the way they might offer someone the job.
I love this stock. 90,000 shares bought - price rises 0.05. 50,000 sold - stock drops 0.2 (approx numbers). Thats been the case for the last 3 weeks. No wonder this hasnt got off the ground.
I will most likely be voting against Seafox, im seeing them as something of a spanner in the works.
Ok if you wany my opinion, I believe the company will recover in the long term. There will be no whooooshes, magic tricks or share price unicorns. Once the general meeting is out of the way, i believe there will be a little turmoil whatever the outcome, so we will have to wait until things settle. My first real milestone is the commencing of the 1st contract. That should make the balance sheet look a little healthier. I relish the possibility of full shariah loan gfd but until GMS state that they are actively pursuing or negotiating one I cant factor it into my long term vision.
Not particularly. Just trying to keep things in focus.
Maybe not you specifically, but it does happen.
As much as i hope retour is right, new@this, investing capital based on reading such a vague statement on a message board is a dangerous game to play. Just be careful... But yeah lets hope there is some good news.
Lot of big sells going through. Not sure if its all the same entity; City Financial maybe, or a bitter Ithmar getting rid of their holdings. The 120,000 buy is a pretty good sign; at least someone is confident (but hopefully its not Seafox on a power grab).
Don't bicker on here please, this is an unrelated board.
Fingers crossed, it looks like the bears are out of steam. Hopefully this is the start of a reversal and not just a one off.
The two stocks are currently not linked, so they are affected by different factors but do not (yet) need to have parity.
Im sure the 18th will shed some light on where this is going. Til then im holding tight.
For the near future, I wouldn't have thought so. Those long hauling it like myself will be waiting for news regarding funding from the Spanish government to cover the scale-up of their production facility; I don't know when that might be and its not guaranteed. Beyond that there is the results reharding their pipeline products, particularly regarding MTD201, though that's not due until 2020. There will also be possible news regarding the receipt of royalty payments from CMS, although they might not declare these individually; they may just go in the financial reports. For now we are the mercy of shorters and day traders messing about but I would hope when they are done and volatility has dried up we can start moving towards the fundamental value of the company.
I think a statement from Mr Mazrui would be nice. Hes kind of remained a shadowy figure in the background thus far. Has he publically spoke about his intentions and ive just missed it?
Well Retour, the chart shows that we are under the 'Moon of Love' consolidation. What we need now is a 'Three Steps to Heaven' candlestick pattern and we should see some good bullish momentum.
Our friends across the pond have brought it to my attention that both markets show a descending wedge pattern (bullish pattern in spite of the downtrend), for those that like to follow the charts. I'm not much of a chart jockey and I'm not saying it will go either way but it is at least interesting. DYOR.