ALB 0.00% 4.1¢ albion resources limited

Its a good report. However, I still think brokers would want...

  1. 16 Posts.
    Its a good report. However, I still think brokers would want certainity on equity holdings before recommending this stock to their clients.

    It would be very good if Jinchuan can convert their convertible notes now, retain enough to enable them to hold their 51% equity and sell the rest to shareholders or to institutions at 10c + (with a two yr pledge of course). I though Jinchuan would want to retain their control hence
    the extra holding. The convertible notes will always create uncertainity in my view.

    Furthermore, I think there are serious opps in Africa and this is the time to make inroads there since it is a large part of our business plan.

    Anyway, I await news with keen anticipation.
 
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