No mention of pendants yet.... probably because there is no gold. Clogau is a bust, Motzfeldt is years away(and a lot of raises), Sweden who knows, come on Groc we need saving!
The name Alba is synonymous with failure and thats the only reason for the name change.... I expect Arkadian strategic metals will follow the same path of spend and raise.
"CALLING MEETINGS ON SHORT NOTICE (SPECIAL RESOLUTION)". I'm not sure how common this resolution is but its good to know, when needed, its available to push things along quickly.
Prospectus will be published once cleared by FCA and then I suspect there will be a share holder vote announced and once the vote for the RTO goes through the share will be suspended and then relisted shortly after. Timing will depend on the FCA but they will have been involved through the process already so hopefully the prospectus gets the green light reasonably quickly. It will likely be a few weeks but we are nearly there!
Final results due imminently and isn't it likely this is one of the last pieces of the jigsaw before the prospectus is passed for approval to the FCA ?
This sp here is remarkably low considering UPSA is expected to be worth in excess of £1bn and the sp here only represents about 1/10th of that value. I think the time this has taken has shaken peoples confidence but it looks more and more likely this RTO will happen and from memory I believe they quoted 40p as a low ball example of where the final sp will be and I think they stated expected it to be higher.
Alba could soon be in the guinness book of records for the length of time to produce some pendants from the announcement of producing some pendants to the finished product. Alba are slow slow at getting anything done there is no wonder the sp is where it is.