George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
DD may be done......almost. They may just want to monitor the here and now. See if growth/revenue is stable month to month. This would be a true indicator of performance and prove beyond doubt this is the real deal. This will take a number of months conclude hence the continued extensions IMO. Either way, feel we are on the home run now
Dept has not been revealed. Looks like they will need to invest more though
22 was an exceptional year
I dont do conspiracy theories. Take it for what it is....
For me it looks like a good deal, with additional diversification and growth potential
Get your point GD. I do trust AA and team to make good commercial decisions though. Opportunity knocks
Be good to get an interview re the purchase and provide some more colour
What a good deal. Looks like payback will be around c10 months. Paid £25m. Assets returned £32m pre tax in last 12 months (based on 2022 full results)
Kist will be an absolute cash machine next year............Divi's ahoy
Has always been to extract cash from SQZ and load as a debt vehicle IMO . So divi likely to be paid near term by increased debt. Then add 210m capex spend with a big dose of the unknown tax landscape. You then have a recipe for a substantially lower SP...:-)
Capex spend along with the
KIST now looing to cheap to ignore. Picked up my first tranche since the RR days
Big news...not
Dont you think all scenarios have been modelled by HBR and probably more than 12mths ago
Feels like another unfounded scare story based on pure speculation and assumption, by an investor who thinks he has uncovered something BIG
$100M final div followed by $100 2024 interim. Followed by vastly improved FCF 2025. For those that can hold for 24 months should be very well rewarded indeed
Net net its a 3% increase. We just pump what we have and then close down and wave good bye to UK. I dont see this as a biggy now. Plus Labour dont have a clear energy strategy. With 200k UK jobs at stake the Unions will be kicking up a stink along with others that believe the UK needs to attract investment and energy security
Hmmm not sure, if they cannot afford the green agenda they will need UK O&G. For example HBR feeds the UK with 15% of its gas. They kill investment UK PLC will be open to prices outside of our control. Next thing bills are through the roof
Im 50k down in the last week with my O&G down 20k+ today SQZ, was a great help :-)
Been in this type of position many times. Fundamentals dont change overnight. Lots of people will have shot their bolt for sure