George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
https://www.p2pfinancenews.co.uk/2020/06/29/will-metro-bank-get-ratesetter-at-a-knockdown-price/
Don't know if anyone has access to this, but first line mentions RS possible price of 25-50m.
Thanks for posting.
An £800m loan portfolio for £50m... Thoughts anyone?
"The company has also made the most of technology to improve and streamline the lending process. That would give Metro a significant advantage over its larger peers." I think I've said before I expect Metro is more interested in the technology than anything else from RS.
TO, if it ever happens, will not happen for months. Still a lot of uncertainty with covid-19, and with the government idiotically failing to close down beaches, BLM protests and Premier League celebrations we may be heading towards a second breakout. There will need to be some sort of stabilisation before a TO or JV happens.
@SB, We are all sitting around with our fingers crossed waiting for good news. I'm very convinced there will be some and you should end out with profit from this. That is provided you did buy before 2019.