ALB albion resources limited
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Good news indeed. However, we have the risk of dilution hanging...

  1. kajshares
    16 Posts.
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    14/04/11
    15:19
    Post #: 8267138
    Good news indeed. However, we have the risk of dilution hanging over us, which would always be a drag on the sp.

    It would be wonderful if Jinchuan could convert the notes at 6.5c, keep half the shares to retain their current enterprise % and sell the rest to current shareholders at circa 10c per share by way of an acknowledgement of s/h support.

    I think if that happens, we would have certainty and generate a lot of interest. Well be looking at the SP moving sharply north if that happens.
    ALB Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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