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2.00% 4.9¢ albion resources limited

alan jury email, page-2

  1. nur0
    215 Posts.
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    27/08/11
    07:21
    Post #: 8880446
    Alan mentions 'serious financial and operational challenges'.

    Albidon Q1 report released May 02 2011:
    'Combined Cash on Hand and Debtors at 31 March 2011 exceeded US$22m.
    ? Continued improvement in grade and recoveries over each month this quarter with improvements projected to continue throughout 2011.'

    We were told the mine is profitable at recent Ni prices.
    ALB Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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