RE: Today's announcement9 Dec 2021 12:25
Great RNS this morning it could not be more positive.
The dewatering permit news is very encouraging "Following further discussions, the Company continues to progress its work on a set of detailed submissions seeking a further consideration by the authorities of the Company's dewatering application"
Granting of this permit without having to go through a formal appeal process will show that Alba's relationship with NRW is still in good standing, that will send out a very positive message to potential investors as we need NRW full cooperation going forward. I do think NRW are fully behind Alba. After going through the permit refusal details, I say ALBA scored 99/100 in terms of ticking the boxes. I do think the permit was refused because they have to be ultra strict, they say jump, we say how high, that's OK. The time delay is frustrating, but doing it right by the book is the way to go long term in a National Park Area. When this permit is granted ,this alone will produce a very big jump in the share price.
Well done Alba, the science shows the gold is in the ground, we have seen it, there will be plenty of it..all will come good.