Buy Out ?? - Only viable option12 Nov 2021 09:04
Surely it's now become very apparent that Alba in its current financial state can't realise the potential in its finds .
There's two possible options?
A placing giving further dilution to the already ravaged SP after its latest knock back through environmental reasons which was its only viable way into its potential given its not able to fund other options . The placing in my opinion giving short term hope with associated risk .
Secondly a joint venture or even buyout?
The identified company being able to fund alternative ways ?
The current situation is an hopeless cause unless one of the above is achieved and probably the later being the only realistic financially moving forward?