I'm doing you all a favour telling you about hzm you won't make any money here. Go check the website out. I'm not pointing a gun at your head. You can thank me all later.
Alba acquires 49% of the Clogau Gold Project in Wales for 83,333,333 Alba shares (valuing the total consideration at approximately £316,667 based on the Company's closing share price on 1 December 2017)
This is how they buy so called investments by issuing shares. They haven't paid in cash, shareholders get diluted with some worthless project which will never make any money.
Because investors are being taken for a ride. They will just do placing after placing then change the name of the company or set up new companies to dupe more investors.
Look at the half year report if you want to see what Alba are involved in.
Because
https://www.investegate.co.uk/css-stellar-plc--prim-/rns/acquisition/201112020700132193T/
Wake up and smell the coffee Alba investors.
Alba have 8 investments to keep investors interested. It's all jam tomorrow.
If I held 13m of Alba I'd be selling them as fast as I could. Scot I bet I have more money than you invested.
They only people to make money here are the people getting paid by the company. It's a life style company for the directors, do you research I bought into this about 6 years ago when Stellar Resources owned 49% of GMOW. There was David Lenigas promising the company would be mining by Christmas and it never happened.
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/44755
We were told the off take was almost complete in March. And this is the first part the banks want to know about. We were told 60/70% off take agreed which will no doubt go to Glencore. I think we might have a few weeks over run on finalizing the paperwork if the banks are slow at signing off on the debt financing.
The banks may now be happy to provide a larger debt package now they know $146m is guaranteed by the ECAs.
The plan is to fund stage 2 with free cash flow from production of stage 1. The company would have put any major shift from the original plan in an rns.
Nothing wrong with mad ramping if you put your money where your mouth is!
https://www.statista.com/topics/7287/mining-in-brazil/#topicHeader__wrapper
There is no political risk.
https://www.statista.com/topics/7287/mining-in-brazil/#topicHeader__wrapper
2x 7.5p
2x 7.7p
1x 7.8p
Phone them up for 7.5p
Depth 9
08:54100,0007.307:55100,0007.308:00100,0007.308:23100,0007.308:05100,0007.207:53100,000707:55100,000707:45100,000707:30100,0007
9 Depth
7.5100,00007:557.5100,00007:307.7100,00008:007.7100,00008:237.8100,00008:547.9100,00008:058100,00007:538100,00007:458.3100,00007:55
Yes thanks it costs £23.99 a month.
7% down now.