RE: Conference Call7 Jul 2018 08:29
Measured Presentation...
Layed out where Alba are at the moment, and gave people an idea of the spread of assets and such.
As for no short term value, thats the benifit in my eyes, we have a spread of investments that all require different investments and time lines for them to add value. Shows that we are not out for a quick buck.
HH is funded, and really they dont need to raise massive funds at this stage. Greenland is covered. The gold mine is just a planning application and such so the finacials are fine..
HH is key to the whole lot, this gets proved out at 1700 odd BOPD and holds( around this) and more then we have income to start to kick in other areas. Slow growth and reinvestment is better for this. Will pay nice over the years to come :)
Fag packet sums 1700 /100 x11.765% = ALBA share x $75.00 / 1.3 = £57.69 x 200 BOPD= £11,538 / 2 ( 50 costs)= £5,769 X 352 DAYS = 2,030,688.00
Pop this share away and come back in 150 days odd, be suprised ;p