ALB albion resources limited

more cash in the kitty, page-8

  1. 4,578 Posts.
    Hey Onionbobo,

    I'll still stick to saying this is good for ALB.

    My reasons are> it would only generate income until after developments eg building a mine,roads etc etc that takes a lot of money. With current resource of about 11 million lbs of uranium is not a lot, know doubt there could be more.

    ALB has nickle mine so why not use this money for further exploration and development or even acquisitions of other nickle prospects.

    Finally this announcement yesterday didn't effect sp. Post announcement there only a couple of trades very small volume too, so the market was neither here or there with it. AS for slight trade down today, you can maybe put that down to the price of nickle getting sold down on the LME last night.
 
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(20min delay)
Last
5.9¢
Change
0.006(11.3%)
Mkt cap ! $7.784M
Open High Low Value Volume
5.5¢ 5.9¢ 5.4¢ $7.066K 125.1K

Buyers (Bids)

No. Vol. Price($)
1 131152 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 12500 1
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Last trade - 14.40pm 04/07/2025 (20 minute delay) ?
ALB (ASX) Chart
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