Cautionary note: That is not a Clem L, that is one of the original orange Clementines, a somewhat different beast. I had an orange Clementine with Albatross, worked fine. But also, Albatross is not Albastache. So the newer geo Clem L/Albastache combo, as Joe points out, will be a bit of a reach.
Still, with a short reach stem, I would think totally doable. Whether it would change the handling feel in a negative way, you might have to experiment. Certainly would be rideable. I was tempted to try drops on my Clem L just for fun, might give it a try on my upcoming Susie (initial plan is going with the Choco-,moose I got from Joe. And really, I have plenty of drop bar bikes around.)