ALB albion resources limited
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Agree it is good maybe not what market was expecting but if you...

  1. Gutfeeling
    1,748 Posts.
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    14/04/11
    12:36
    Post #: 8265850
    Agree it is good maybe not what market was expecting but if you look at it another way using the higher NPV of 274 USD and removing the debt means that the shares are about 1/3 of what they should be if the company was trading at NPV.

    Note they used conservative discount rate. so all up it is still good further cost reductions and recovery improvments have been built into LOM study.

    Hey I bought 50K at 0.155 because I liked the numbers.
    ALB Price at posting: 16.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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