In terms of share price, ALO are greatly undervalued. The BoD are executing their strategy of becoming a producer in the near term, and have expressed they are confident of securing funding for completing requisite steps for a production stage. The annual report was generally positive and I particular applaude the vision the BoD have. As always, there are risks in the form of unforeseen obstacles but I believe the BoD are competent to oversee the transition from explorer to producer.
Yes that is a likely possibility, lets see what happens. Juniors like ALO are all struggling in AIM, its not a isolated situation and 2015 will be make or break for many of them. I do hope ALO make it through, and come out stronger.
I think sav are still selling in small chunks so as not to blow the sp completely. Think a few last week were down to them. Would imagine they have it planned to sell a certain percent, it will take months to do but expect them to sell into upside
RE: sub 0.13 to buy....
Considering Savannah want out, which i expect will happen soon, i am waiting until this excess stock hits the market and takes it under 0.1.
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