George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Anyone who thinks this is investable after todays news, please explain why
Joe
You will still have paper in a company in admin-you will be able to speak to FRP as a creditor or shareholder but likely the directors will have had their P45s already
I can’t stop laughing-‘the civil war has no impact on the SA deal’Really
The chairman put money in because he had to.Who would be insane enough to invest in a shell with £7m MC and no assets other than a Standard Listing
As for the many RNSs, show me one, just one, that shows any of the promises that have crystallised.Just one will do
Ignore me at your peril-I’m simply here to provide facts.Tell me-what element of my last post contains an inaccuracy ??
To recap
-deadlines missed
-market cap £7m against NAV of £100k?
-no auditors
-RNS in block capitals
-Sudan is in middle of civil war with famine
It’s a shell mate-plenty of time to invest if they actually sign something
Are you in Khartoum?
Just a question central to your arguments Joe-how can you say ‘pinnacle don’t exist’?
I found them on Google in 30 seconds and as they have done DD then surely it will be part of the FRP report
Correct-FRP as noted in the letter have a duty to consider and report on the conduct of the directors leading up admin.I very much doubt they will report anything negative but good luck
No-what I said about LDG was that it was heading for a cash call and it did-5p from memory against a much higher SP.Its still only 12p
I also predicted carnage for Esken, Minoan,Wcat,AMTE, Blur and Syme-all dogs.
Unfortunately it’s easier to pick losers than winners at the moment.
I’ve only been negative on EUA since Putin invaded-there read across was from Raven Russia which I had a holding in-wiped out
I take it from your long winded note that it’s a no then-just an ‘aspiration’
Well you only have six weeks to get into oil production in famine hit Sudan-who thinks it’s going to happen?
I’m happy to run a book on it if anyone fancies a flutter
Maybe they are just digging holes to keep warm -it won’t be for money that’s for sure
The next RNS will be a cash call
Another embarrassing post-the company was trying to raise money since July 23 and the obstacle was Arena and their convertible.Me and others told the brokers and management team several times.
As for suing FRP, they are one of the leading practices in the UK and a PLC.I cant stop laughing at the suggestion they are involved in your invented conspiracy
To repeat, dodgy IP with no commercial volume deals, poor team and no production facility.Thats what brought this down-alongside an Arena convertible
I don’t think you’re going to get on with the FCA calling intelligent and correct people nonces.I hope all your ambulance chasing disciples take note
Well I can sing happy songs as I’ve lost nothing on this car crash-maybe a bit of Captain Sensible I think
Meanwhile, you will be listening to Adele and her constant break up twining
Enjoy!
I live near Carlisle airport-the term ‘white elephant’ doesn’t do it justice-as an airport.It may have some use for logistics or warehousing or agricultural value!
I shall be reporting you to my lawyers if you put another post on like this.I have simply called the whole 9 months correctly-the crime was you chose not to listen.That makes me smart and you rather stupid
Or anything to count!
They would RNS the appointment of an auditor-very unusual for a plc to not have one so they should get on with it
Indeed-be nice to people on the way up…