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Just let GF get on with the DFS. The DFS will not be complete by Sept/Oct anyway because it was always a 14 month project. It will get started eventually once the hurdles are out the way and we'll get updates along the way. You never know news might also come in about one other other assets.
Just wondering how long this potential sale will take. These things usually take a while but I guess it depends on how much was done during the FSP. Does anyone think it is likely that we will get at least some more information in the short term?
I have held Alba on and off for several years. Quite a few years ago I was really impressed with the assets and thought this could do really well. As time passed it was clear that things were not progressing fast enough and when the company then got the Clogau licence I got out. The main reason for my thinking was the time and money it was going to take and the lack of progress on existing assets. After this time the share price decreased substantially. However, more recently the company has really stepped up in terms of progress with Clogau and this (and the rising share price) is what has got me invested here again.
The more recent news about splitting off the Greenland assets took me by surprise but I think it will be a good move. The company seem very upbeat about Clogau and there are plenty of updates which seems to be reflecting the company’s general optimism about the venture.
Surely new investors are in a better position at this price when concentrate has started to be produced. The rest of us long term holders have been waiting years through licence approval, mine renovation and resolution of unforeseen problems such as the bridge.
There must be some major shareholders - what are they doing? He also has a responsibility to wrap up the company if it is not a going concern.
They need to release income figures. If these are good, SP will rise.
Had a top-up here today.
Wouldn't it be good to get it out the way - it just seems to be hanging over this share.
I read that you can come out of an FSP if you get an intention from a single party. For anyone more knowledgeable, is 'intention' something more formal or does a proposal cut it? Also in the RNS it says that the FSP was for sale or disposal of assets which kind of means that the FSP was covering both.