George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
MMs scaring punters into selling and its working beautifully! make no bones about it this is a great RNS with plenty of positive news flow to follow - great value right now which won't last long.
@matthewn50. Where did you get 50% from ? Seems like something about to happen at last and an RNS will more than likely be on our desks sometime next week as it's already late with their former announcements on news flow - (April and May mentioned by Mode team) Obviously timings can change drastically with market fluctuations of the sort we've had but for me the game changer is being available to US investors and that should tie in well with whats about to launch.
I don't think Tessla action is stupid flagging up the negatives of the ridiculous power needed to mine BTC - but surprising how they did it knowing full well it would short BTC massively as well as irritate their BTC clients.....but they are sending a hge message to the world that they are 'Green' thinking (oh except they burn a **** load of fuel when they bugger about with their stupid space rockets!). There is an issue with the amount of energy these cryptos are using and it needs addressing. BTC and other cryptos need a solution to be more green and for me these are extremely clever people who will find that solution then Crypto will take a huge hike up....its all part and parcel of the Crypto evolution.
There are rare moments in life when you get a life changing opportunity. MODE offers exactly that right nw; 1 They are about to announce their 'on board' commercial clients, of which no doubt they have some big names. This in turn will create confidence with future commercial clients and start the snowball rolling down the hill which is very exciting. (My guess is this will be RNSed asap certainly by the end of the month. 2 They are about to launch which should happen by the end of June and 3. The US dual listing license is being processed which will add massive impetus as far as US investors are concerned (This could come through any moment now). This train is very soon leaving the station
There are times in life when a golden opportunity arises and MODE looks nailed on at these prices . Furthermore the waiting is almost over as an announcement of commercial customers is imminent. Once these customers are announced it is only going to lead to a jump in uptake as it will install confidence into the market. At this point you have lift off - this will be followed shortly afterwards by the launch announcement - as well as a dual listing over the pond. I would be very surprised if this doesn't reach £2 within 3 to 4 months and £10 by the same time next year. Cryptos are here to stay and MODE is at the coalface of this amazing revolution. The train is leaving the station you either jump on board or wave goodbye!
Why depressing? nothing has happened except an opportunity to buy in cheap just before the off - There will be an RNS very soon (my guess from next week to end of month) announcing high profile customers signed up to the commercial acceptance of MODE. They have some and it makes sense to announce this sooner rather than later to bring on board more commercial clients. Then we will gent the launch announcement soon after (my guess by end of June) - as well as the licence to trade on the US platform. All relatively short term as by end of July this will be in a totally different place. Bitcoin only looks set to rise in the longterm. I can not see anything depressing about this - possibly a life changing buy share opportunity.
Having spoken with the merchant team at MODE- I know they have some very big merchants already on board (Premiership Football clubs, JD Sports and much much more) - this is very exciting and means this can only go one way very quickly - the key dates are looming with April being the Payments Solution Launch and end of May the incurrence of Bitcoin - they are working very hard successfully accumulating more and more merchants so my guess is there will soon be a regular feed of good news
Rumored to be an exceptional trading statement out next week - time to get stuck in on the back of last trading figures - one company that seems to be powering ahead during lockdown
Lamprell look to be holding out very well and I have heard from the very top that the prospects in Iran are potentially very big indeed and already in motion. The Americans are unable to get stuck in and so will have lost the in needed with many projects. The next 3 years for Lamprell will be very exciting indeed.
Makes perfect sense...I valued a further upside of 2.5p to 3.5p per share (Conservatively) so not too much reason to sell. My congratulations to the BOD and rookie PLC chairman J Grant, who took the bull by the horns and delivered to the shareholders under tricky circumstances.
Agree there has to be something brewing...in my experience prices don't go up substantially without something going on behind the scenes...this is typical of MM's shuffling their pretty little asses before opening their stalls....strongly expect some meaningful good news very soon...what it is ...is anyones guess.
Having received Peter Kennedys proposed resolutions I see them nothing other than time wasting and a distraction to the everyday running of the business. It smacks of personal sour grapes rather than a serious attempt to improve BGBL's status. Kennedy now stands out as a weak man who's qualities include nepotism, vindictiveness, arrogance and stupidity. One has to ask what may lie deeper with the ousting of his son....could there be also an element of wrong doing or even corrupt activity between father and son? The sooner we move on from this debacle the better then we can get back to the new board running the business properly. I hope the strategic review comes after this time wasting meeting. Sorry Peter I will be voting against all of your resolutions as I know all institutional investors will and advise you search for a little dignity and start supporting the company in a helpful way or at least allow decent people to continue their business in a forthright manner.
If Peter Kennedy turns out to have lost his vote, which he will personally know by now (this seems the most likely scenario)...then he is a disgrace as a supposed responsible director of a PLC. Not to have resigned with dignity at this stage is belligerent and a sheer waste of everyones time and BGBL shareholders money....it will also prove all doubters that it is good and proper to remove him and now look forward to a new era, hopefully building value back for the shareholders..
Well put
All seemingly desperate last minute talk from Peter Kennedy....look forward to a meaningful change in direction. If the bread starts to go mouldy...throw it out to the birds. It's time to bake a new loaf.