Fortune favours the bold. There is no doubt that if the company were being properly run by people who understand how to run a PLC, this is an easy 10 bagger from here. Persoanlly I want to see some evidience that they really are going to take the necessary action to put things right before I get in any deeper - I am already in very deep with over 2m shares.
The 3 key things they must do are:
Get some competent people on the board.
Convert all the notes to ordinary debt - Harry Ou Wang told us months ago that these were a barrier to geting the calibre of people we need on the board, as the SP continues to sink they have less value, so why delay in getting rid of this pointless anchor.
Get competent, efficient and loyal to Albidon (not JNMC) staff running the mine.
If they don't do these, with the way Ni price is going, it could be terminal
ALB Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held
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