Mr Davis, Company Secretary for Albidon, has given permission to...

Mr Davis, Company Secretary for Albidon, has given permission to post the following from an email I received from him on March 03:

'The administrators have last week advised Albidon that the administration period will be extended as it still has 2 claims against the Company that require a resolution. These are expected to go to court in mid April, so unless a settlement resolves the issue earlier, Albidon will not relist until early in May.

Apologies for the delay in relisting from the last estimate, however the Company is making some good progress at Munali and the nickel price is looking good so hopefully holders will have something to cheer about shortly.'

Mr Davis has further added today:
'There wont be a shareholder update for the time being'