Member Info for ALB1

All I know and have ever said is that 'IF' this mine does get the finance etc then kp2 is way way undervalued at current levels. I was not able to buy much last week therefore I may have missed the boat. LT has stated news this month?, let's see. At 'least' 50% held by II's and it seems the other % owners are strong holders so if positive news does arrive this will multi re rate fast.

Of course - if no finance arrives then it's a different story. But If the mine does go ahead = X10 in time.

Princess Aurora Pte Limited (OIA) 661,885,171 19.35
Sociedad Química y Minera (SQM) 538,210,503 15.74
Harlequin Investments Limited 368,451,313 10.77
Dingyi Group Investment Limited 198,520,782 5.80
David Hathorn 144,237,061 4.22
Wadeville International 114,358,478 3.34
David Stevens 113,500,000 3.32

KP2 should be sitting at a MC of around £200m... around 6 x the current SP. Then probs another £150m once deals are formally signed and construction start. That's X10 the current SP hence TP 7p to 10p.

China dedoeraz for Potash Miners.......things are/will now be starting to hot up.... TP 7p to 10p if you have LT patience.

GLA

Heard a whisper this could be on!.. therefore fully loaded last 2 days and will x10.
GLA

LT, Happy New Year and good luck here.

You have a lot of assumptions which may come to be? Who knows. IMO though nothing much will happen , it will the same as per all the previous announcements & promises in previous months /years. One just needs to read through the RNS’s.

IMO a further placing will also happen which will then cause you to realise all was just a pipe dream. By this time the BOD will probably be in the sunset with the scraps sold on cheap.

Let’s see though ( as you said last August, yawn)..

GLA

Allthatguff, We shall see . I'll keep an eye on any RNS updates here and post when /if they arrive.

GLA

Very precise turn up by allthatguff,,, predictable though.

RazzaB, my posts are only 'AIMO' though, just my thought on current matters... I may be proved wrong. Time will tell.

GLA holders

..... And when the dilution happens,, LT & co will quickly turn fickle and blame Brad and the BOD for their extraordinary remuneration packages. To late by then though as the big holders will have 75% plus.

Razza, on a gamble, which this is and especially with the current cash draining away, I'll be looking at 0.45 now. They'll be another dilution to destroy the 45% or so held by PI's by the big holders.. It's the way it works. Then probably taken over cheap by the big holders. They only need circ £10m between them now to take control.

If the finance was approved last year as mentioned in RNS's from 2021 then a different story, but it hasn't materialised, even though being constantly mentioned. Reality will dawn on LT and a few others soon though. PI's get shafted!.

Beardozer, the SP hasn't risen?, very much the opposite. Considering what LT and the very small crowd keep pumping out can you explain the historic low sp then please.. Or is it manipulation you suggest.

The SP is priced by MM's yes?..

Lots of forward selling over the last 5 months or so in 500,000 + batch's. My prediction is a placing at 0.5p soon.

AIMO Obviously.

Big sell at 0.68p tells me all I need to know. See you all at 0.35 /0.4p.

Rock, your incorrect. Show me the evidence of a signed finance/EPC deal. And evidence of £250m spent.

I have said previously to LT/Rock etc,, if a deal is signed I'm a big buyer. I believe the entry price would be at 0.8p ish on a deal completed. Long term 6 to 8p.

Obviously IF .

Rock, its not scare stories... It's fact!. Until a formally signed deal is presented anything is possible.

No finance deal = no mine =no/or little value.

There maybe value if a serious big pocket player or group of players want to build this mine which imo is / could be ready to go with exceptional numbers.

This is the real question and ultimately the red or black gamble... Which way this goes no one yet knows!.

LT, I can understand the Covid thing however don't understand the total lack of up front communication, uncertainty with the minister of mines etc, couple that with an all time low SP, no interest and supposedly so close to a mega deal??,, well,, it all seems a bit fluffy. Hey but who knows, this may just come off for you and a couple others on here.

Cash will run out soon though on very expensive wages for doing very little... Let's face it. I see a further drop imo to around 0.35p at which point I may invest.

LT,,, the old ' In a few months time' line eh... Lol. Hope your right but let's see.

Razza, you shouldn't buy a puppy just for Christmas only... Let me know when KP2 have a deal in place and you can sleep better knowing.