This latest news is great for Ironveld, but I wouldn't get too carried away here yet. There's still a very high chance (based on the provision in the AGM agenda) the company does an equity raise in the near future. Obviously no idea what that raise would be at, so sensible to be cautious until we know.
Gold is about to hit 4k - many will view juniors like Alba as very undervalued regardless of whether they have hit Gold yet or not. A rising tide lifts all boats.
AIM is uniquely harsh, dilution and volatility are real issues. Loyalty rarely gets rewarded, bit sad really. Hoping we might see 0.20p out of this down the line, but even that I feel is very optimistic and top end.
The way the SP is dropping and the location of their new HQ kind of points towards possible placing and resulting dilution IMO. Dont get me wrong, I want Ironveld to succeed and actually do want to take another position here in the near future, but that's kind of dependant on knowing what's going on and where everything stands....