RE: GROC Vs Alba6 Mar 2026 09:29
I've been here since June 2021. Bought at 0.372 and 0.235 (yes, the falling knife). Please don't laugh yet. I also bought into SXX, FRR, UKOG, BCE, HUR, ANGS (yes, Starwars), UJO, PERE. You can laugh now.
Suffice to say, I have massive experience of picking AIM failures and losing money. Thankfully, for my mental health, I picked a few big winners that pulled my chestnuts out of the fire so I am doing very well now. But those losers taught me a hell of a lot. There are a few factors that really matter. I'll list them out and let you judge whether Alba has benefited from these:
a) a clear and successful strategy for adding value, including (for miners) a clear path to production,
b) speedy delivery,
c) credible management who do what they say they'll do, and beat expectations.
d) a little luck - but that luck comes from hard work and making the right preparatory moves.
If you would like to see an excellent case study of a company that has all that and more, then see GGP.
Alba is essentially uninvestable and I feel sure in saying that isn't going to change, ever. I am 95% down so there is no point selling. I keep my money in, read all RNSes, and sometimes read the posts here as reminder of what not to do. I might get some cash back via GROC. But at the rate things are going, the dilution is killing much hope of that. I should have bought in there instead. I wish you all good luck.