ALB 0.00% 4.5¢ albion resources limited

thanks jak, thought as much...as for the 2 year figure, last...

  1. 66 Posts.
    thanks jak, thought as much...as for the 2 year figure, last time i spoke to len falcone that time frame was mentioned in regards to totally removing debt post the hedge book monies being paid, if thats what commsec are referring to its a bit harsh eh :)...thats if the ni price stays at these levels mind you(asa opposed to paying off the whole project in under a year at 10 bucks a lb..and a matter of months at the silly prices...as for maybe needing some monies to see them through till full prod..lol..even in this market they;ll be standing in line to get stock at anywhere near these levels..yeah it'll mean a bit of dilution if that eventuates..i'm still hoping that the banks come to the party on not taking all the 50 mil..hey stranger things have happened...definately a hold tight atm..remember more than one interestrd party are still hovering all over this one...cheers
 
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