ALB albion resources limited

more cash in the kitty, page-11

  1. 4,578 Posts.
    Hey onion,

    As nuro said dividends don't even cross my mind. Even though the company is cash positive we still have a long way to go.
    Alb needs to improve the ore grade which have no doubt they will, as I have spoken to David round a few times on this topic.We can expect updates very shortly.

    We need to remember the company was in hands of administrators for a long time and only came out of suspension late last year. So I think there will still be a bit of negative sentiment from the market.I think this is reflective on the share price.But if ALB can archive its goals Ie improved ore grades= lower production costs= higher revenue, I have no doubt the market will re rate ALB.

    AlB also has continued support from it major shareholder Jinchuan group, which is pretty rare for a lot of small caps.

    Need to be patient with this I think.
 
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(20min delay)
Last
5.5¢
Change
-0.002(3.51%)
Mkt cap ! $7.256M
Open High Low Value Volume
5.4¢ 5.5¢ 5.3¢ $6.582K 121.9K

Buyers (Bids)

No. Vol. Price($)
1 100000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 90000 1
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Last trade - 13.16pm 30/06/2025 (20 minute delay) ?
ALB (ASX) Chart
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