UK 22:30 Tuesday, 20 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shareholders in Alba Mineral Resources (ALBA) should have the odd question or two for their board, after this morning’s announcement of three purchases. For £365,000 cash, £523,371 worth of shares (based on last night’s close) and 45,909,726 warrants at 0.5p, Alba is going to up its stake in Horse Hill developments by 5%, buy an option to buy a further 5% and buy a separate option to farm into 5% of the production licence of the Brockham Oil Field. For good measure, this last option, if exercised means Alba will have to fund 10% of the Brockham well cost.
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