George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Their yoy performance both as a quarter and half year is improved on prior year.
yet the market sh!75 the bed because they failed to live up to prior guidance...so they've improved performance across the board but just not by as much as they said they would.
kinda nuts really...it's not as if the market has been buying the F out of this one based on the promises made...
if output continues to climb, production cost continues to fall and sales continue to climb...i can't see what's not to like. I'll hold. This one comes good in the end. The absolute fundamentals are sound...vanadium is an in demand metal...has growing applications outside of pure construction...and Bushveld are sitting on one of the worlds largest known deposits with mining, production and processing capabilities.
It's hardly a punt over the long haul.
No-one, and I mean NO-ONE has the right to tell anyone else what they should/shouldn't, can/can't be doing on these boards unless they are board moderators.
All opinions are equally free and entitled to be aired.
pdub doesn't project hostility toward anyone, he certainly doesn't break any terms of use for these boards and quite frankly, if you don't like what he has to say....press the mute button and go about your day.
I've been here (LSE) for 11 years there or there about and i've seen all the nonsense there is to see but nothing offends as much as one participant telling another that they have no business posting and should not participate, simply because they disagree with them and are too small-minded and immature to handle it like an adult.
well...having been an almost continuous holder to a greater or lesser degree since 2012/13 i took a chunky top up today to cut my current average by 50%
had to be done. Just had to be done.
Won't post much, if anything, but wanted to just say hi to anyone that DOES remember me from way back in the day and to give anybody doubting their investment or mulling a decision to buy here a big thumbs up. I've made cold hard cash from BMN and expect to do so again.
7-8p is silly money. The fundamentals here are solid imho.
Coffers full for another couple years worth of directors salaries and AIM related fees ...oh and lets not forget the company secretarial services provided by the FD's side hustle.
Expect tidbits of 'exciting' news in order to enable the bucket shop financiers to fip and then see y'all again at 0.5p for another round of 'how many years can we live off of AIM investors without actually doing anything!' LOL
i would just like to say that I fully support Libero's target price assessment. I've been here (on and off) for 7 years and whilst I made some pretty good wedge out of this share I missed the best of it when it moved as I had predicted to 40+p.
I reinvested a little while ago and have topped up signifcantly and my original price assessment for this was £1+. That was back when we were just looking at vanadium mining and before the whole VRFB play took off. Nothing that this company has done since then has given me any reason to believe that it won't, at some point, hit £1 a share.
When people talk about long term investments paying off...7-10 years may only be 'medium term' given I got here in 2013. If it takes another 5 or more to achieve it's full potential, that's time well spent in my book. And I'm not even so sure that it'll take that long.
I don't hate it at all. I've had my fair share of misses along with my fair share of hits.
If there are any old holders here that see anything close to their original 'investment' I wish them only well and will be happy for them if the price goes up. I am far more at peace than you eric given that you earn your crusts trying to convince people that fairies are real so you can profit from their ill-informed faith. Those of us that remember your shenanigans on SOLG know all too well what you are about.
My losses here have narrowed with gains elsewhere and I'm plenty confident, based on prior experience, that I'll ultimately not have lost anything. Sorry to ruin your narrative that I'm unable to let go. Your hubris doesn't allow for reading people's intentions all that well it seems.
Bless.
Those with long enough memories know how familiar this latest tale sounds.
Whatever happened to those licenses in Austria out of curiosity. A lot of money was 'raised' and spent drilling holes in the side of mountains (although never between November and March because of the Australian Summer.....ooop apologies, the Austrian Winter) and then POOOOF....Austria was no more. Suddenly Georgia was where it was at.
Placing in 5-4-3-2.....
I hope for the sake of anyone that has bought this that he (Lenigas) is not. He's another lifetime AIM charlatan who's principle interest is emptying investors pockets into his own.
I'm done sitting in my nice deep bath here and have therefore written off a slightly smaller lump of capital with today's timely spike than I had already accounted for. So I'm calling it a win for the week.
Finally removing this one from my watchlist after no less than 8 years of mostly pain, suffering, depression and anxiety (most of which was the early days when I nurtured the naive sense that the people running this company had even a tiny shred of integrity about them). Life is certainly about learning lessons and this PoS has taught me far more than I bargained for. It was very nearly worth every penny lost.
All that remains is for me to wish any of the old crew that are still hanging on in here for the 'miracle' the very best of luck ( I think we all know that it's never going to materialise) and to remind the antipodean bottom feeders (pretending to be decent, hard-working folk), that sit in their Mayfair office writing fairy stories in between lunchtime and later afternoon pints at local watering holes and taking trips home to spend christmas on the beach, of one very simple and undeniable fact.
What goes around, comes around.
And it most certainly will for you.
So do think of me and all of the other shareholders that you've shafted over the years when it does lads.
We'll certainly be thinking of you. With a very satisfied smile on our faces.
The reason this one is 'illiquid' is that despite it's 2 name (noricum to georgian to empire) & ticker (nmg to geo to eee) changes accompanied by 2 territory changes (from austria to georgia to australia), this one will always carry the stench of the individuals that have been the consistent thread throughout this 'company's history. I use 'company' in the loosest sense of the word because companies usually exist to deliver something of value to a market whereas this is just an entity designed to generate salaries, fees and commissions from shareholders in return for very little other than fanciful stories.
The only thing that one could find remotely impressive, if it were your thing, is that they've been getting away with it here for 10 long years which is quite a run for any western australian managed AIM mining company sham.
That'll be why it's illiquid in my humble opinion.
Cue the 'just a bitter ex-investor' insults....
LOL @ the IPO price of 8p.
Andy, if you remember...there has been a 100 : 1 consolidation on this in between then and now so technically the price of a GEO share in IPO terms is actually 0.014p
To get to the IPO price the SP here would have to be £8 and we both know there's more chance of a certain Australian accountant actually doing an honest days work than there is of that happening.
there's been some big stake building going on.
and now all of a sudden a broker issues a negative note and causes a downward spike...
found this interesting snippet from history
https://www.thetimes.co.uk/article/jp-morgan-takes-lead-in-two-horse-race-for-saga-dxr2bwdt5h6
Heads of Terms issued by Toyota and expected to be signed Q1/2.
Talking to Honda as well.
this looks VERY promising
progress being made on multiple fronts.
the technology is clearly impressing, as is the economic model.
i didn't say anything about acceptability. just relevance.
and why does LB have to push the share? all he and the board need to do is run the company effectively. the SP will take care of itself.
people often have lots of time but no patience.