Alba v GROC25 Jan 2023 09:51
Reason I stay with Alba (despite the inevitable rise that will come with dewatering, Gold is the sole reason for Albas existence now after all) is GROC are going to require massive funding which means either a major buying in (the hopeful option) or more & more fund raises tanking the share price - Yes this will dilute Albas percentage but it won’t cost us a penny unless we ‘choose’ to partake & purchase more shares - I just feel it puts us on a more secure footing - if GROC rises we rise but if they raise we have the choice to partake… it’s a win win I’m happy either not paying out, paying out if we can justify it or ending up with a smaller percentage of a larger pie like GGP have done….