With aim shares I am always pessimistic about reaching deadlines. I wouldn't be surprised if it went into August but either way, shouldn't be too long now. Then in September we should have results fro Tanzania.
Hopefully, by October we will know what we have in both projects.
Thats no problem, given the key driver is horse hill, even at this price this is extremely cheap As the prospects of success for horse hill have been shown to be high, it makes sense to invest in a significantly small company with a higher potential for growth Shame i didnt buy earlier, otherwise the leverage was 1:4 hitting 1:5
To put into context if SOLO made £10m out of HL thats (10+15(current market cap))/15 =166% growth as ALBA owns 50% less, thats £5m which is (5+2.5(current market cap))/2.5=.300% growth hence there is a 1:2 leverage between these two stocks based on the same benchmark investment
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