ALB 0.00% 4.6¢ albion resources limited

insider trading at its finest, page-17

  1. 9,509 Posts.
    lightbulb Created with Sketch. 661
    Hi astro,

    I am not a holder of ALB , but followed it in the past when NI was still the metal to be part of.

    The PGM by products have fallen by more then 50% of their hights so you can imagine what this would have done for the production costs of ALB.

    There is no more hedging in place so they now have to sell their Ni at market prices.

    Not sure if they are making any money right now and or if the full ramp up to production wil solve this issue.

    Please do your own research

    jojo
 
watchlist Created with Sketch. Add ALB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.