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ALO Alecto Min

0.06625
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Alecto Energy Investors - ALO

Alecto Energy Investors - ALO

Share Name Share Symbol Market Stock Type
Alecto Min ALO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.06625 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.06625 0.06625
more quote information »

Top Investor Posts

Top Posts
Posted at 26/1/2018 20:58 by paleje
Video int with Paternoster PRS, an investor in ALO, in which the director refers to ALO suspension and reincarnation as a great investment turnaround. I don't know the ins and outs, I didn't get the mins but probably about half way.
Posted at 08/9/2017 21:41 by 1rodson
LOOKS LIKE TO TUCK UP IS COMPLETE AND THE ONLY ONE COMING OUT OF THIS SMELLING OF ROSES WILL BE MJ AND HIS GANG.

AS FOR ALECTO SHAREHOLDERS WELL IT REALLY IS RATHER TOUGH BUT THEN AGAIN THEY WERE ALL WARNED THIS WAS COMING FOR MOST OF THE LAST PART OF LAST YEAR.....SO TOUGH.... THAT'S WHAT YOU GET FOR MAKING A LITTLE LADY WITH A GOOD AND BIG HEART CRY.

WHERE ARE YOUR MASSES OF INVESTORS NOW MR McFRITH?

MERGER NOTICE NO 20: 2017
THE PROPOSED ACQUISITION OF THE ENTIRE ISSUED SHARES IN CRADLE ARC
INVESTMENTS (PTY) LTD FROM PENMIN BOTSWANA (PTY) LTD BY ALECTO
MINERALS PLC AND AN ACQUISITION OF 60% SHAREHOLDING IN ALECTO
MINERALS BY PENMIN BOTSWANA (PTY) LTD.


Pursuant to section 56(1) of the Competition Act [CAP 46:09], the Competition
Authority has received a merger notification for the proposed acquisition of
the entire issued shares in Cradle Arc Investments (Pty) Ltd from PenMin
Botswana (Pty) Ltd by Alecto Minerals PLC and an acquisition of 60%
shareholding in Alecto by PenMin.


The proposed transaction entails a transfer of 100% shareholding in Cradle Arc,
as held by PenMin, to Alecto, in return for 60% shareholding in Alecto by
PenMin. This transaction will result in PenMin having shareholding, through its
shareholding in Alecto and Cradle Arc, in Leboam Holdings (Pty) Ltd.
Alecto is a public mining and development company listed on the London
Stock Exchange and its principal line of business is gold exploration with
projects in Zambia, Mali and Burkina Faso.

Alecto has no presence in Botswana.(please read over and over and over)

WERE YOU SUCKERS NOT WARNED OVER penmin LAST YEAR? AND THAT MJ WAS NICELY SEATED ON THE BOARD!

hxxp://www.competitionauthority.co.bw/sites/default/files/Merger%20Notice%20No%2020%202017%20-%20Alecto%20%20Minerals%20and%20Cradle%20Arc%20Investments%20and%20Penmin%20Botswana.pdf
Posted at 25/8/2017 19:38 by 1rodson
So no reverse takeover where does that leave the suckers......oooooooopppps I mean investors
Posted at 11/7/2017 07:43 by kimboy2
Danmiller/rodson
It is particularly distateful that having been one of the biggest rampers of this share you are now gloating over the misfortune, if that is what it is to be, of investors who you may have suckered in.

It would be nice to think that the share action group manage to get hold of your address as well.
Posted at 08/7/2017 19:42 by kimboy2
Dan, I have not sold any GDP.You sold ALO after having ramped it to high heaven on these boards. People may well be losing money as a result of your shamelessness and stupidity.

As you well know GDP is up some 400% since you told us it had in fact gone bust.

If anyone bothers to follow the analysis on the GDP board they will know that there is every prospect of a lot more to come. A rise that you have completely missed.

Shame on you for misleading ALO and GDP investors.
Posted at 05/7/2017 14:09 by papillon
McFirth, on the lse bb, was full of bullsh*t! Here's a selection of his posts made within the last week. He obviously likes going around with his head in the sand! He also ramps another minnow, VAST, on the lse. The VAST chart doesn't look that healthy to me! He's a born loser who obviously doesn't learn from his mistakes! There are some decent companies on AIM, but unfortunately there are also quite a few that should never have been allowed to list in the first place. Walter Mitty companies whose shares are bought by Walter Mitty investors dreaming of a pot of gold at the end of the rainbow and all they find is a pot of sh*te!!

ALO RE: RTO Tue 16:34
Harpmandoodle
Are you getting mixed up ?
The CPR has been completed for some time now and we have been given a copy ... looks very promising to me
So did you miss it ?

ALO This week Tue 16:26
This week or next at the very latest as per the RNS
Early July
That could even be tomorrow so calm down guys ... all good here

ALO RE: Readmission Fri 07:33
Early July
Thats as early as tomorrow and for sure sometime next week IMO
All good news here for me :)
Posted at 17/11/2016 08:10 by cpap man
Broker note on ALO from Beaufort Securities....



Alecto Minerals (ALO.L, 0.06p) – Speculative Buy
Alecto has published an update on the Matala financing situation. By way of background, Alecto has been in advanced discussions since late 1Q with a Chinese group for vendor financing of its flagship gold mine project in Zambia. However, the process has taken longer to complete, partly due to a new Zambian president and partly due to the slow and cautious investing process of the Chinese side. Today's update says that a key step has been achieved in that process, with the Zambian government allowing the lender security over the Matala asset, which makes risk insurance available. The next step involves finding a local "institution" to on-lend the Chinese funds (the institution needs to be guaranteed -presumably to protect against the funds disappearing). Once step 2 is in place Alecto management expect to close financing and break ground in 1Q17.

Our view: Management and investors are having to remain patient here. While some onlookers may question whether the Chinese funding will ever arrive, these are real entities spending time and money on this process. Note also that management and its partners have experience successfully sourcing mine finance from China. Although not guaranteed, we believe the Chinese funding will come through.

Beaufort Securities acts as corporate broker to Alecto Minerals plc
Posted at 21/9/2016 19:22 by laptop15
Yes good volume today here and some big buys!!! I think people are just starting to here about Alecto and buying because it's very cheap considering 2 partnerships being formed with well known miners. Huge potential upside here and I believe people are talking positions now while it's still cheap.Quite a few sellers but there seems to be plenty of new Investors more than happy to buy them back cheap!0.12 close will be very bullish for the chart!
Posted at 10/8/2016 23:24 by kimboy2
I am sure other investors in ALO will be impressed by the quality of your analysis.
Posted at 10/4/2016 15:44 by kimboy2
Ah yes typical Dan - nearly always wrong but never in doubt.

Hansie introduced the cyanide changes over two years ago it should be saving money now, not will be saving money in the future.

The change to a liquid supply happened last September and is saving them £30k+ pm

The costs of Germany are out of all proportion to reality.

Not sure what this means but it is profitable. They are sending concentrate not ore remember.

Yet for this cash you claim GDP are making they are still a lose (sic) making company.

They have been profitable for the last calendar year

If you thing (sic) ALO is milking investors then old chap you don't have much of clue.

I think Mark Jones' record would give the lie to that.


Date Shares Price(p)23/01/2014 79m 1.5828/07/2014 32m 1.1517/11/2014 55m 0.6315/01/2015 200m 0.323/06/2015 300m 0.123/11/2015 812m 0.0805/04/2015 433m 0.08







If most of these investors had bought lottery tickets rather than ALO shares they would have had a better return for their money.

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