Member Info for ALB1

'If and when we get all this sorted I expect no one will be able to buy this below 10 times it’s present value today'.

If it does get sorted, and that's a big IF, then yes maybe an initial rise to 1p/1.3p, then possibly more in the future however it's total rubbish to say x10 immediately.

LT, good posts however I’m surprised there’s still no news on matters… still watching though.

Razza, will buy in if the finance arrives and mine is going ahead.. 10 bag if so. However bust if not, therefore watching for now.

.... That said, if clarification is provided, and its positive, then yes KP2 could well boom. However until such time survival is a total unknown.

'Unfortunately no one knows if KP2 will even be around to hear a boom!. Again - Unfortunately and factually, and as it currently stands .. (as per factual RNS's may I add) KP2's future is unknown.'

Unfortunately no one knows if KP2 will even be around to here a boom!. Again - Unfortunately and factually, and as it currently stands .. (as per factual RNS's may I add) KP2's future is unknown.

LT, either way,,,I believe the answer to all the probabilities is not far away . Probably by year end max, however anytime in-between imo.
I wish you luck and will certainly be watching with a view to investing long term should 'finance be secured'. Imo in that scenario the options to take a position at around 1.2p to even 1.5p will be there. Then to wait out value to 7p to 10p.

The other scenario is obvious.

LT, good post. Look IMO it's still a 50/50 bet however if (and a big IF) they are genuinely close to wrapping a deal up then the minister may just grant support, if so,, then you will be rewarded for your patience here as I could see a minimum £150MC , 6p to 7p over time. The caveat is obviously no deal looking close and a huge drop in SP. One things for sure and that's the minister wants this mine building so all to play for here for KP2. If a positive outcome is achieved there's still time for investors to get in at a good price,, even if it spiked to 1p - 1.3p as if so this would multi bag.
Good luck again LT.

....and that decision currently lays with the minister of mines....Fact!

Here's a fact Rock - No mine/licence then zero, nil value.... Forget your wild 10p per share rubbish!

LT,,,, you've been saying a few more days since August!. Imo it will be licence removed sooner than later... If that was a positive RNS issued today I was ready to invest. Not now I'm afraid.

Hey Lamp,,, maybe it's the BOD you should be asking that question to lol... I believe £200k pa salaries should suffice factual answers!.

LT,, hence the minister's reactions!. Very unprofessional and vague to say the least. They'll be bigger and better mining professionals who'll be waiting on the sidelines here imo....

LT, instead of being a sound project, quality, professional and to global standards in mining, contracts and stakeholders trust etc etc....it's turning out to be a joke of an outfit!. I've never seen such sham imo. Sad to say but true.

LT, not sure why the Minister of Mining would agree to the update?, there's absolutely no update or details on the EPC or finance!. Cannot see a positive outcome here.

Could be 0.5p day today...

I may stretch to 0.85p / 0.875p if there's really good news... Watching

Is my buy in price only If positive news arrives.

Rock,

Factual below - I will watch and possibly buy back in depending on which it is below. It's either 1 or 2... FACT!

'1. Delays are genuine/justified and the consortium mean business and want to do this but may take a little extra time.'
'2. They don't wish too and never intended to proceed which means all previous RNS's, MoU/HoT NAV etc.... was just bull!'

LT,,, because sentiment will have been dented and even so back to pre Oct 19th status that sentiment is difficult to regain. Therefore 'IF' delayed but approved going forward by all including the minister,,, then it's a good buying opportunity here.

LT,,,,,,, BEST case scenario 'only imo' is a delay due to China Covid but with the mine still going ahead with the minister approval accepting the delay.

This would leave the SP around 0.75/0.8p imo but a strong buy ... as the risk substantially reduced and In essence back to pre ministerial discontent letter.