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From what I can see, MBU Capital Group Limited plan on putting Ben's Creek into production from July 2021, so when (If), this does go through in Q4, the mine will already be producing. Got to be a positive in my opinion....
This may hit 0.03 before suspension at the end of the day, and RTO's are an easy back door for companies to enter the stock market, so are very rarely left to expire. They usually then open with a new name and hopefully higher SP. I would be surprised if the discussions are not already taking place..... all imo of course.
Bought 200 quids worth out of curiosity to see. I thought that as an AIM Rule 15 cash shell, this could be worth a punt...... Bottom drawer, look back in 18 months... GLA
Don't get me wrong, I have been positive with Alba, but this is not a very positive RNS in return - imo. Too many uncertainties and 'if's' - If proven, if verified...... almost the preliminary to 'oops, well we did say there may not be........'
LTH's are all too aware of where this can bottom out, and we are heading there fast! Having sold half my holding when the SP was reletively high, I am one of the lucky ones, who derisked and now have a free ride, however, there must be many here still holding with 30% plus losses, and wondering what the hell they got into.... This will come good again, but I can honestly see a lot more pain before gain; unless GF gives something tangible to kick start positivity.... imo
Amortise over the next 20 years, SP rises x3 to cover increase in company assetts, and share placing at the new SP to raise more funds.... Repeat monthly, and then an SP of £5.50 by end of year...... if only it were that easy!
To be fair, the BOD have tried subtle RNS's which always get slated and drop the SP, Media is a different story, this is now out for all to see, and we can now see what MA saw when he took the Job.... Oh and Friday is usually a good day for Alba - imo of course.
imo, from all we've been told, the implicated comments, and the appointments taken up, this will be more of a surprise if the results are poor.... Therefore, i would say 0.98, (1p could be a step too far).