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EXCLUSIVE: Petro Metad go for broke with 6-well fully funded programme
EXCLUSIVE: Rockhopper #RKE tops Malcy's 2018 Interims Bucket List gain


Alba Min Share Chat (ALBA)



Share Price: 0.40Bid: 0.39Ask: 0.41Change: 0.00 (0.00%)No Movement on Alba Min
Spread: 0.02Spread as %: 5.13%Open: 0.385High: 0.00Low: 0.00Yesterday’s Close: 0.40


Share Discussion for Alba Min


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DegsyAlmomd
Posts: 23,308
Opinion:No Opinion
Price:0.385
RE: Conf call
Today 07:56
It seems the wheels were already in motion and in 7 months time they are peobabaly anticipating those shares would be easily absorbed which added to the sweetener to be able to aquire the extra 41% and thus allow them to push forward with opening the mine.
 
Rambo23
Posts: 40
Opinion:No Opinion
Price:0.40
RE: Conf call
Today 07:52
Yeah I agree Degsy. At least this is now definitely moving forward. Irons in the fire and all that.

However if GF is expecting positive HH results I would have waited for some of that to be reflected in the SP before agreeing the terms just my opinion
oneandonly1
Posts: 5,065
Premium Chat Member
Opinion:No Opinion
Price:0.40
RE: Ilmenite
Today 07:49
KuroMaou
Posts: 8
Opinion:No Opinion
Price:0.40
RE: Conf call
Today 07:48
Yeah, would this imply he is planning to focus a bit more on Clogau if this further acquisition means applications will be easier to pass? (Hope not- it would start to feel ALBAs resources will be spread to thin then). Guess we just wait and see.
highroller
Posts: 2,623
Opinion:No Opinion
Price:0.385
RE: Clogau
Today 07:47
the acquisition is for shares, that too ,to be issued when completion takes place and then locked in for seven months. No placing required as the funding of the work programme already in cashflow. The acquisition is good as it grants control to ALBA to progress a £billion project unhindered. And its all in the UK. Excellent news to be frank. This is exactly what was needed to unlock the gold.
DegsyAlmomd
Posts: 23,308
Opinion:No Opinion
Price:0.40
RE: Conf call
Today 07:46
Yes and now it seems this was a red herring as he obviously had news due to be announced on this so kept it off the radar. That’s my take.
DegsyAlmomd
Posts: 23,308
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:45
Apart from HH we have 100 & 90% of nice looking projects. Only Melville Bay I see as a pile of poop bit we only have 51% of his.
Rambo23
Posts: 40
Opinion:No Opinion
Price:0.40
Conf call
Today 07:44
At the end of the recent conference call GF seemed to suggest that progressing Clogau would be a long process due to planning apps etc. Anyone else pick up on this?
DegsyAlmomd
Posts: 23,308
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:43
I like all the prospects apart from Melville Bay. Ditch this one imo.
oneandonly1
Posts: 5,065
Premium Chat Member
Opinion:No Opinion
Price:0.385
Ilmenite
Today 07:42
licence in Greenland Is the reason I bought into Alba last month.

https://uk.megachem.com/titanium-dioxide-prices-continue-to-increase-as-supply-tightens/
officemanager
Posts: 2,803
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:41
DH are you on the BOD in ALBA ? Thought not, you are making false claims about which you know nothing, post reported. Blatant lies.
krull
Posts: 351
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:41
Something about paying 4% royalty for 1 million loan, don't quite understand that bit.
dsfat
Posts: 478
Opinion:Strong Buy
Price:0.40
RE: RNS
Today 07:38
Not the RNS everyone was expecting...

"We will not be depleting the Company's cash reserves with this proposed acquisition, and the shares that will be issued on Completion will be subject to lock up and orderly marketing restrictions for a seven-month period."

GF must like what they are finding at Cloggy

Ready Your Gold Mining Pickaxes Chaps :-)
dusterhater
Posts: 5,779
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:36
Will have to raise for exploration/production costs- so expect a placing for that and whats the deal on the £1m load thay have taken on ?
MrMagoo31
Posts: 1,087
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:33
And in turn it did mention in the RNS it would not delete the cash position of the company....
MrMagoo31
Posts: 1,087
Opinion:Strong Buy
Price:0.40
RE: Clogau
Today 07:31
I like it - it will put Michael Nott, who is the minerals expert we already have on board, straight to work to open back up the mine and find more of this valuable gold using new practices that are now available.... prob find the company couldn’t progress this without owning more ..... It is another good string to our bow of great assets....
GLA LTH
DegsyAlmomd
Posts: 23,308
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:30
"We will not be depleting the Company's cash reserves with this proposed acquisition, and the shares that will be issued on Completion will be subject to lock up and orderly marketing restrictions for a seven-month period."
officemanager
Posts: 2,803
Opinion:No Opinion
Price:0.40
Sowing the seeds
Today 07:29
perhaps. Not too much excitement to be gained from that RNS at this time.
Scully12345
Posts: 705
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:23
*paragraph
Scully12345
Posts: 705
Opinion:No Opinion
Price:0.40
RE: Clogau
Today 07:23
Also read the paraphraph if the RNS near the end 'Exploration Update'
TRDR322
Posts: 658
Opinion:Strong Buy
Price:0.40
RE: Clogau
Today 07:20
90% hmm... well you would hope they something we don’t. Let’s wait and see what comes!
Scully12345
Posts: 705
Opinion:Strong Buy
Price:0.40
RE: Clogau
Today 07:19
Who said ALBA do no promotion - read the RNS and the final paragraph of this article https://www.mirror.co.uk/news/uk-news/meghan-markles-parents-meet-queen-12482945.amp

Strong buy. Going places.
KuroMaou
Posts: 8
Opinion:No Opinion
Price:0.40
Clogau
Today 07:08
Hmm not sure what to make of the latest RNS. Whats everyone's take on it?
whufcpaul
Posts: 946
Opinion:No Opinion
Price:0.40
RNS
Today 07:07
...
DegsyAlmomd
Posts: 23,308
Opinion:No Opinion
Price:0.40
RE: D Lenigas Tweet
Today 06:46
A mere talented amateur.




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