George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I hope they dont sell below 1.50, as we will get there on our own merit within a few short months. Results along Q1 update will pave the way....
We have 2 interested parties that we know about, relax and watch it play out. With the current SP is a win win either way IMO
Makes sense as all sales are being swallowed up. Still think there is little in the way of TO premium in the price. Good results (as already flagged) should be more than enough to support £1.50 as a stand alone IMO.
So to answer the question, may not be an acquirer, just a fund that sees value
I expect an inflation shock at some point. Oil has been climbing steadily for a while now. These rises will start to feed through soon.
Also looks like there is no reason for oil to go down on a macro basis and may even rise towards $90-100 level