RE: Gold14 Oct 2019 19:33
Earlier in the year I had shares in tekcapital and reneuron. The share price for both had been fairly stagnant and over time incrementally sliding down, and the talk on the bb's was much the same as on almost every other bb - no news, dilution, I was in at x amount, now only worth y. Around april both multi bagged and I sold (probably too early) because there were other shares I had my eye on. The point is, as of last years balance sheet we had around 8m of assets which have been further scoped and refined yet currently hover around 6-7m market cap. Alba looks much stronger than so many other speculative shares, and more secure in the sense that we a) have found something of value rather than just promising and b) are not too far off generating an actual income, yet strangely we are priced so low. When activity ramps up a steady stream of news should see sp jump, so the day to day drift and mm tinkering is not relevant as the longer term is where the patient will (hopefully) be rewarded. It shows the lack of logic on aim however - UKOG - we may have more oil than we though - investors - yaay! I will have some of that, up 5pc. Alba - we have 11pc of that oil - investors - booo! Down 2pc.