Alba Mineral Resources Share Discussion Threads

[ciminna] 21/9/2020 08:57

Hi all been keeping an eye on this the last few days so a newbie here. Just looking at an entry point nearly bought on Friday close but didn't so the drop today works for me. Just curious why it didn't fall more nearer to the issue price this morning. Trying to time it right!

[1bluehorseshoe] 21/9/2020 08:50

Don't pay any attention to Tidy2 he just spouts to suit his own agenda

[paddyfool] 21/9/2020 08:42

well bearing in mind the price would have been set around Thursday when the share price was beneath .3 that would indeed be the case. On that basis a raise at .275 was stunning. The book was built through Friday. The buying on Friday tells you that people knew. The price tells you that people knew. What did they know? That the story at Clougau is potentially enormous.

[tidy 2] 21/9/2020 08:37

If results were good they would of negotiated a better placing price. Insiders would be made

[the stigologist] 21/9/2020 08:36

Thanks Paddy.

'Abundant visible gold'

Not ruling out 1p this week

[paddyfool] 21/9/2020 08:35

so happy that I've just bought another 5 million at .35p

[paddyfool] 21/9/2020 08:29

very happy with this. Partook in the placing. Now the question is...is there gold in the mine surrounds and extensions. Because people like me have put money up we will know in relatively short order. If yo think that they have it right in their view of the outcome of the drilling then this is worth much more than todays price, much, much more. If they have it right about the two prospects for next year same again. `the issue in the past has been that they have not moved these resources on to monetisation. They are now doing that. A great day for Alba.

[tewkesbury] 21/9/2020 08:27

The placing is actually at a premium to most of last week's prices. It's only the 52% rise on Friday that makes it look discounted. Get in now because it could 10x bag on the sub surface drilling results next month.

[telbap] 21/9/2020 08:25

Chance to buy more cheap

[zxie] 21/9/2020 08:24

Will more buy in

[zxie] 21/9/2020 08:24

Go back to 0.50 tomorrow

[telbap] 21/9/2020 08:22

Cos the price jumped up Friday before the announcement and after the price was set......come on hitman you knew that......

[the stigologist] 21/9/2020 08:22

Warrant price 0.55p
Acceleration at 1.10p

[tewkesbury] 21/9/2020 08:22

Because the price had risen over 50% on Friday. So it's actually at a premium to last week's prices .

[telbap] 21/9/2020 08:21

5b in float750b (inc warrants) issued17.5% ish new shares

[thehitman1] 21/9/2020 08:21

if this was so good why placing at discount?.

[tasty1] 21/9/2020 08:21

Clear the confetti overhang first 0.27p to buy or lower

[tewkesbury] 21/9/2020 08:19

Only 5% dilution but releases much higher value.

[blueblood] 21/9/2020 08:10

Right to raise but not at giveaway price

[tewkesbury] 21/9/2020 08:05

Onwards and upwards.

[the deacon] 21/9/2020 07:58

Shocker of a placing. Was pretty obvious over the weekend with all the paid for promotion in the press that something was coming. To have to throw in warrants to get it away just shows who has taken up the placing. Bucket shop spivs.

[raam35g] 21/9/2020 07:58

Fancy that. Who'd have thought. Hope they don't do it again. And again. And again...then an equity swap.

[smcl] 21/9/2020 07:55

Opinions opinions!