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EXCLUSIVE: Malcy, Columbus & Reabold presentations - Video Webcast Here

EXCLUSIVE: Leo Koot, Exec Chairman, Columbus Energy speaks at London South East's Oil & Gas event
EXCLUSIVE: Stephen Williams, Reabold Resources speaks at London South East's Oil & Gas event


Alba Min Share Chat (ALBA)



Share Price: 0.52Bid: 0.50Ask: 0.54Change: 0.00 (0.00%)No Movement on Alba Min
Spread: 0.04Spread as %: 8.00%Open: 0.41High: 0.53Low: 0.41Yesterday’s Close: 0.52


Share Discussion for Alba Min


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krull
Posts: 405
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 18:15
Now that we have (IMO) a commercial well from the first zone tested in the bag, any placings now will be much closer the market share price, In fact a premium placing would not be unrealistic. It's possible that an Institution that might want in/big chunk, could approach Alba directly, rather than struggling to buy in the market forcing the up on itself.
 
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 18:12
Premiums now they know HH is better than expected. Can’t lose.
Doubleheadedcoin
Posts: 4,819
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 18:05
13:13 onwards says they want to move straight to a second well.

This you will appreciate came after your fully funded interview.

I'll have a look at some other links I have.

https://www.youtube.com/watch?v=CGh03ErAxpM

Just imo
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 18:02
Now if you think about it if say GF did suggest they place in order to drill again immediately and considering the success HH is proving to be to date then I suspect we are talking premiums to the current sp. they is nothing not to like here imo
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 17:41
Clearly stated. *
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 17:40
You need to watch his interview again then. He cleared stated they need further approval to drill further. By that time HH will prove commercial and bank funding will follow. Plus further drills will be cheap compared to the initial HH as infrastructure is already paid for and in place. In order to get this far and have the 150 days testing all companies has to have funding in place which they have. Once again. The end.
Doubleheadedcoin
Posts: 4,819
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 17:36
HHDL I believe have the approvals already in place for a 2nd well if I remember DL's interview correctly?

Like I said on the UKOG board.

I'm happy to post any alba replies or responses from the UKOG board back onto the alba board and happy to get engaged in the discussions thereafter that follow as I do follow alba on a watchlist.

Not two faced at all - just 2 headed and one that can be on either bulletin board if necessary.

Though I think alba will be the first back the market for money hopefully both continue their upward streaks.

Enjoy your evening.

Just imo
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 17:22
He also said they cant go ahead with it until they get regulatory approval which is a very long process and he stressed “a very long process”. One step at a time dear doublefacedcoin.
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Krull ref UKOG dilution.
Today 17:19
On HH commerciality confirmed HHdl partners will be able I go to the bank and loan cash. This means future security against dilution for all. Bring home the Bacon.
Doubleheadedcoin
Posts: 4,819
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 17:19
Ah but since then Degsy, David Lenigas was saying in his most recent proactive investors / stocktube interview post the first tanker leaving HH that in his discussions with Steve Sanderson HH is ready for a 2nd well?

And secondly if only say £750k and £800k at a month or 5 weeks apart if fully funded - for how long?

Your comparisons are too simplistic.

Apples v Pears.

Just imo
Joey86
Posts: 1,772
Opinion:Strong Buy
Price:0.52
RE: Funding & dilutions
Today 17:18
No need for doom and gloom, it hasn't happened yet, and it's unlikely there will be a need anyway... Relax and watch the upward Share price... Unless you are a shorter of course.
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
Krull ref UKOG dilution.
Today 17:16
Ukog have diluted holders by 40% this year. That’s quite a chunk.
JustaLearner
Posts: 172
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 17:06
All is not black and white. If the company needs dosh to progress to the next stage then it's gotta come from some where to go further. If all goes good with HHDL prospects then there's probably no need for any dilution ( More shares). Keep the faith. All will come good or be a total disaster.
krull
Posts: 405
Opinion:No Opinion
Price:0.52
RE: Placings
Today 17:04
How much has Ukog raised this year? one of them 5.5 million at 0.9 ouch, been so many lost track of it all.
Wow, and there are over 5.2bn shares in issue – I think that is right, but the figure makes me blink at 5,207.24m.
Just read an article on Ukog posted by Michael Walters, Title, Special Advisory – Stay Away, oh dear. here's a tiny snippit: It is hard to keep track of which promoter is currently pumping them or dumping them – they fall out among themselves every few months, it seems. But a lot of small investors have clearly been sucked in to UKOG at some stage, and had cause .........
Not willing/able to post all the article, It's a paid for site.
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 17:00
Soooo Two weeks back we had a conference call. The CEO made clear that we are fully funded.

The end.
JustaLearner
Posts: 172
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 16:59
Where did the UKOG funding come from? Could it have come from the placings by any chance?
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 16:57
GF conference call confirmed alba if fully funded for HH and 2 complaigns currently in progress. Can’t be clearer than that. HH once commercial will give the option to get bank funding. HH is looking very likely to be commercial btw.
Doubleheadedcoin
Posts: 4,819
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 16:53
Yes that's right that HH is only about 1/3 of your assets which means you have to raise cash for the other 2/3 also. Greenland will be expensive.

UKOG by comparison though are funded through 2019 now if I remember correctly and with £2M also in an "opportunity fund"

That's not the case for alba and my view is that the more you beat the drum the more you are walking towards your next one.

If its say 0.35p or 0.4p or thereabouts and plus the spread added that's a fair hit.

I just hope poor old Jerry doesn't get double whammied with alba.

Ones apples and one is pears.

Just imo
JustaLearner
Posts: 172
Opinion:No Opinion
Price:0.52
RE: Funding
Today 16:50
Check yer fundamentals and make sure yer RNS's are in place and you should be fine.
Gerry65
Posts: 668
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 16:45
Degsy - 23512 posts and every one a ramp lol

I am happy with UKOG, and my buy in price.

Am hopeful for all Weald co's and their pi's and wish everyone success.

The big difference for me it that UKOG is focused on oil, whereas both ALBA and SOLO have tended to butterfly around in their project investments.

We all want a very successful ewt - with as early as possible start on the two post ewt drills. Its a matter of opinion as too whether one is happy at UKOG that funds are in place,for 2019 and beyond, or that it is better to wait as per ALBA to raise the necessary capex.

For me as long and all in the consortium are ready to go with their ducks lined up, then all is well.

Been a while waiting for HH,to move forward since March 2106, be great to progress to commercial oil asap.

GLA.
JustaLearner
Posts: 172
Opinion:No Opinion
Price:0.52
RE: Placings
Today 16:42
Doubleheeder.

Aye! Do you get paid for this. You like the mind games. Twisting and turning ultimately to put people off whats happening right now. Watch what happens soon.
Joey86
Posts: 1,772
Opinion:Strong Buy
Price:0.52
RE: Placings
Today 16:35
Not needed, massive Buy here!
Doubleheadedcoin
Posts: 4,819
Opinion:No Opinion
Price:0.52
Placings
Today 16:32
Placing on the 29th March 18 at 0.3p

Placing again just over a month later on the 2nd May 18 at 0.3p

0.5p on the bid on Friday and possibility of a 2nd well coming at Horse Hill.

Greenland I presume also will need more expenditure.

What therefore might you be tempted to do? (That UKOG have already done several times recently)

Just imo
JustaLearner
Posts: 172
Opinion:No Opinion
Price:0.52
RE: Funding
Today 16:30
The reality is..........if it comes out the ground in the quantities mentioned or more then you'll make dosh. If it goes tits up then you could lose a lotta dosh. If your rich anyway then it doesn't matter to much. If your not then the questions to ask yourselves are?

1. Can i afford to lose my investment
2. How much profit is enough before I sell
3. How much of a paper loss makes me think about a sell.

No an easy game this share stuff. Many sharks would like to talk you outta your shares and take you to the cleaners. This is going one way for the time being. IMO. Up.

Just for a quicky. HHDL companies all benefit from success,

Gid luck tae ye awe.
DegsyAlmomd
Posts: 23,521
Opinion:No Opinion
Price:0.52
RE: Funding & dilutions
Today 16:29
I think Gerry is p I SS ed off Ukog placed hugely at such a low sp. it’s not done shareholders the best favours over there. If HH is all they think it is they will be fine of course from here tho alba has the most upside and when / if HH is commercial then alba will go to the bank for funding on the back of HH so will not dilute holders. To me it looks like SS placed Ukog just in case HH failed so they still had cash. They are carrying the biggest risk afterall. HH although massive is a third of Alba’s overall risk imo.




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