RE: Funding & dilutions22 Jul 2018 10:46
@ Ukog, The good news is already in the price. Fully funded or not. Simple fact, Ukog market cap = 125 million. How can it possibly 10 or even 4 bag from there. The market cap is already huge, just on the promise/hope of future profits. That's why their share price initially went down on the good flow rate news. Alba could easily 4 or 10 bag from here, market cap is only 14.5 million, 4 bags would only take us to a reasonable cap of 58 million. Throw in some good news from the TBH resource report (under way) by the end of summer and 10 bags would take us to 145 million, (just above ukog cap now) that's still reasonable compared to Blejays market cap of 178+ million. No wonder Ukog derampers have showed up here. Hold on to your hat. Smart money from Ukog and Bluejay heading this way.