RE: Why ALBA20 Sep 2020 13:26
Ocelot, a TR-1 will be great - it takes 156 mil to cross the 3% threshold, we had more than 700 mil on Friday alone.
I do think though that this volume is down to PI interest. Alba right now is hot, the chances of finding gold with modern techniques are relatively high. People now are looking at GGP and then at Alba and Alba is only just starting its re-rate and the MCap is still very low relative to assets. All this run is down to Clogau alone, other assets relatively significant are not priced in the SP yet.
Now that Alba is getting noticed, those other assets will begin to make a mark in the MCap.
IMO, the big volume days are yet to arrive. I think ahead lie 1 billion + and 2 billion + volume days as the news spread. The link with Ukog is finally and at last broken. GLTA.