George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Irishmouse
No one on earth can drink 4 cans of barley wine ??
Sounds like you're one of those little men from another planet certainly not earth Ive been drinking 10 cans everyday for nearly the last 40 years it's 7.5% proof and comes in 330ml cans each can is 2.5 units 4 cans is the equivalent of a bottle of wine that millions drink everyday!! It used to be even better at 10% before it got watered down .
I'm looking forward to tonight's tipple later on already .
It looks like we've all done our dough but Hey Ho we weren't to know.
Time for my afternoon tipple 4 cans of Gold Label to drown my sorrows.
I don't go along with that about the bashers as sadly the facts speak for themselves.
Nothing ever happens here apart from the odd rns to say story has reduced his holding .Don't even know why I'm posting on this bb another waste of time .
Back to the Gold Label goodnight all !
MMS with a very nasty tree shake followed by a whip saw intraday reversal .Positive broker update and £6 price target. I think Count Ducula will be buying in tomorrow
Looks like it was a tree shake after all !
I think there is a big seller in the market that's responsible for the recent sp collapse note a 30K buy has gone through at 114.4231P and hasn't changed the price .On line limits suggest there's plenty of stock about .
SP collapsing I would suspect those that subscribed to the recent 165P placing are absolutely furious with Benitz .
Very very grim indeed is the fat lady preparing her crescendo!
People are starting to panic Sturgeons letter to Johnson today will have further dented sentiment here as this continues to collapse now a whopping 30% off the placing price and 55% off recent highs staggering!
More likely 42P I'm afraid the way it's going !
Well it's as obvious as tomorrow is Thursday to me that there isn't going to be any farm out in the current climate .
That leaves a buyout so if a bid for £2 a share came in Benitz would have imo to give it serious consideration and accept it so shareholders walk away with most of their investment intact as no ones going to throw a billion at this with all this uncertainty in the sector.
Some one might gamble £80 million however as this government won't last for ever and as pointed out oil will be needed to at least 2050.
He's probably wanting to load up at 3.7 so he can off load next week at 2.7P LoL !
Hello there Draculas cat here reporting some positive news for a change.
The seller who ever it was has gone so it looks like 122 was the low sorry if you got sucked out but you've gotta no when to hold em and when to fold em.
On line limits also improved to sell 5k at 127 buy 15k at 130
still a bit of stock around but much better than yesterday and last week.
Going sub £1 this week 50P by the end of August is my prediction .
The sp here is in very big trouble.
Ps the staff share options are way out of the money worthless infact ...lol !
Finland ready ...They haven't even got the mining permit yet ! and before they do Story needs taking out with those 5 million shares on the offer to sell at 3P otherwise the sp will end up red on mining permit day as Story sells and traders sell at a loss when they realise they've been had by Story. Anyone care to buy a couple of million tomorrow at 3P ? Got to be a bargain eh ?
Plenty of stock around ...Its that fund selling !!
I am right on the money here 130P bid and falling !
Good Evening Dickupham
To answer your questions I believe JOG has zero chance of attracting one or more partners as I don't think in the current climate anyone is going to stump up £1 billion+ to bring the project to fruition .No doubt prospective partners will have access to the same information that Equinor did who we know walked away so imo that's what everyone else will be doing unless something new has come to the table.
As for the fund selling down its holding its been plain to see that there has been a seller for some time of course there has also been a buyer taking up the shares otherwise we would be at 50P now as we saw when Mr Griffiths dumped his shares on the open market imo the seller is still there look at the on limits and also take note how the market makers very quickly get the red pencils out on the smallest of sales all indicative of a seller in the market and imo the buyer has had their fill.
I am in no way calling the BOD conmen or lyers I have merely stated the facts huge pay rises when the company was hardly a wash with cash fact fund raising at big discounts when we were supposed to be fully funded until the end of this year fact. What have the directors achieved to warrant these pay rises ? I thought renumeration was linked with delivering shareholder value where is shareholder value here ? I see absolutely none whatsoever after 4 years just an ever declining share price reflecting on the current information in the public domain that the market thinks JOG is going to fail.
ATB Dickupham I hope you are ok and everything goes well for you.