George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Nickshaw11, well it’s irrelevant to me, simply because it’s never got to a point where I feel it represents fair value. If it was to double tomorrow, I still wouldn’t sell. Why?, because thats still not fair value.
I repeat, the share price today is only relevant if you want to sell today. I have no interest in trading, or traders, or short term movements in the share price, so it’s irrelevant to me until it gets to where I feel happy selling some, or all of my holding.
Ianfer, apologies for the sarcasm, I was describing Chariot.
The underlying message remains true tho. If people aren’t happy with Chariot (for whatever reasons), go and find a better investment, there are 00’s of companies to choose from.
It’s only a concern if you want to sell, or need the money now.
I keep saying this, but stop looking at the share price, it’s completely and utterly irrelevant, and does not reflect the value of any of the assets, imo. If you really don’t see any value going forward, and expect the price to keep dropping, just sell and move on, or sell and buy back lower if you fancy your chances.
There are literally hundereds of other shares out there to choose from. I’m sure with a little research people can find one where they trust the BoD, are excited about its prospects, have potentially $Bs worth of assets, don’t need to raise cash, the SP could quadrupal in 6-12months, and where they don’t feel they’re being led up the garden path by a new JV partner that has the potential to take us to production without any further fund raise or debt.
Anyway, no more from me for now. Better things to do in the short term.
FFx “ Like I said by 'tricky', I simply meant difficult or complicated. I'll try to have thesaurus to hand for my next post”
Why not just try and be a little less facetious in the first place!! You were clearly trying to be sarcastic with your opening post, and now you’ve done a 180 and look like a prick, again!!
Smyth11, I was just wondering who’d be first prick to come on whinging about this. You seldom disappoint!
Directors are duty bound to notify EVERY individual purchase as they happen. This may (or may not) be the first of several from him (and others) over a period of time, as even directors of AIM companies doesn’t always have a £100k sitting around to buy shares with to try and appease idiots like you. Utter 🤡
I just don’t see AP accepting a low ball offer for Chariot. Apart from the fact he’s a bit of a narcissist (no offence intended) and wants to be heavily involved in the “transformation” of the countries our “3 Pillars” are involved in, he, like most entrepreneurs is greedy and ruthless, and won’t accept less for something than it’s actually worth.
I’ve said this before on here, but just because a company isn’t valued correctly by the market, doesn’t mean a suitor can just offer 50%, 100% or 200% over MCap and buy it. When buying a company, ALL assets (and particularly in O & G) have a pre determined industry set value, depending on what stage of the exploration/route to production they are at.
I get why people mock analysts views and target prices, but they are using industry standards when they come with these numbers and that’s pretty much, I’d imagine, what AP, or any other CEO would use when deciding if whether an offer is fair value.
Whatever anyone says, Chariot are currently a mile off being valued correctly, and AP knows it imo.
🤣 Seriously mate, you’re fecking delusional.
Look, there’s one of those wee pumps you keep harping on about. Why not do us all a favour (but mostly for your own mental health)) and sell what you’ve got left, and move on. Then you won’t need to worry about past directors, NXP001, funding, or who’s buying and selling, and when, there’s a good chap 🥴
Ffx, I don’t think anyone gives a rats asss what you (or any one us for that matter) does with regards to your other investments (if you have any).
What we all find really odd, suspicious even, is why someone who professes to be “invested” in NFX, would wilfully and relentlessly go out of their way to belittle, criticise and besmirch the Management, the Company and its Products (past and present) at every opportunity, deride and rubbish every post that attempts to show some positivity or research,(with the same old repetitive rubbish you’ve been spouting ad nauseam for 3 years), all whilst “remaining invested” and somehow imagine your behaviour is going to help you see a return? What exactly is wrong with you??
I think you may need help🤡
Nice one Ffx. Wheel out the old ‘whimax the trader’ lines 😂. Pretty much all you seem to have these days.
As I keep telling you, nothing could be further from the truth, either here or on any other share, but if it makes you feel better…….
Slightly better day today. Almost flat finish and close to equal buys v sells (on the face of it at least).
Obviously impossible to tell at this stage if seller has finished, but rate of descent is defo slowing, as did the number of chunky 100k sells this afternoon.
No point worrying about the SP at this stage either imo, as it’s well below fair value and only those desperate for the cash will even consider selling. Same applied at 15p, 18p & 22p, for me anyway. Until the SP reflects, even remotely what we have/are worth, it’s a crazy sell. It’s hard to look at the SP at this level, but its completely irrelevant, unless you were planning on selling into the Farm In RNS, which I wasn’t.
Calm down dear! 😬
I made it quite clear in my post I was only throwing out another option. AP made it quite clear in the Q & A that there had been an offer for the whole company, and that it was dismissed immediately, as it wasn’t the best deal for shareholders/stakeholders.
I’m struggling a little to understand why you’re so tetchy, as your post is bit of a babble/rant. Anyway, feel free to filter my posts if you find them “picking” (whatever that means 🥴), and thank you for my “pick” 🤷🏻♂️🤣