HENCE YESTERDAYS RNS.LEAKING NEWS.

they already hold 25% from cue energy/alecto energy.summit resources/atlantic coal.looking like a reverse take-over/merger.remember this was 2.5p.

keep an eye here tomorrow - more north to come imo - much happening right now

gl

moving.............................................................

All looking good...bubbling under! I'm staying in!

LISTEN: Mark Jones, CEO of Alecto Minerals, provides an update on exploration

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LISTEN: Alecto Minerals (ALO) - Gold exploration update Wayu Boda & drilling Results at Kossanto gold project

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WATCH: Mark Jones, CEO of Alecto Minerals, provides an update from the Indaba Conference in Cape Town

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ooops!
run for the hills

Now this should prove to be a very interesting month. Will get the financing and become the multi bagger a lot seem to think that it will?

Does not seem to be any interest in this share on these BBs, although it looks very promising and is already up 10% since I mentioned it here and bought in earlier this week.

Should have further to run........much,much further.

I'm in from a long way back so just beginning to get ahead of break even... have topped up recently... all looking good. no ramp intended... imho... dyor etc
KOD, PROG, TLOU & PROX all looking good too! (IMO)

PXOG that is ( not PROG) !

Yes I have encountered many long term, long suffering holders but this could well be the turning point.

There is a recent broker recommendation of 0,34p.....Though I can't find it any ideas?

Don't understand why this BB is quiet on ALO.

Up over 7% today and with a huge potential once funding is announced, which should be imminent.

Sure called that wrong it's now looking like another AIM dog...just hot air and empty promises.

Can someone please prove me wrong?

Not quite sure my last post was justified, it looks like negotiations for financing of Matala are underway, but could go either way, if it's on the SP will fly. If not......well can anyone sail a submarine?

looks like I called this right well half right anyway as it now looks well and truly like a submarine, they clearly lied to punters over Matala well perhaps lied may be a little strong so let's say mislead the punter.

I did not like to signals and sold out just a week before the suspension, now with them pushing back the deadlines, and this new cheap, well cheap for some, pets???? cash call. I have a total dislike for the board and would not trust them further.

I really feel sorry for those whom I know have large holdings as they will surely lose big time here if the thing ever gets relisted, but they didn't half bash me for selling when I did.

still, things may still come good. however, there have been a few round and about the BBs giving very strong warnings.

A Quick ps.....Just had my Shareprophits newsletter to find TW on form as usual.

This is what he says on the Alecto loan, and brother did I know I was right in not trust the Board......

When were laws on usury abolished: Alecto Minerals - the most expensive loan in AIM history?

2017-06-07 00:24:59

If it is not it is close. Alecto Minerals (ALO) shares in which are expected to resume trading on AIM has announced that it has secured a £800,000 loan repayable in six months for £800,000. But look at the terms. They are outrageous.

I know this will hurt a number of solid ALO posters, a great guy and good poster called Mcfrith in particular who has many many thousands invested here