Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I `E` mailed ALBA to ask for any crumb of comfort regarding gold and
tailings. Nothing back yet.Will inform bb if I do hear. ff
Wouldn't be surprised it's Artemis Resources with Elizabeth Henson now a Director there from 24th April.
Plus George Frangeskides was a Director there when Alba got Amitsoq from Artemis.. GF was also at Alba.. also with Lenigas at Artemis.
Not sure if one Licence is an Option for Application.. I presume that's the one that intrudes onto Andover.
If anything can always Search for Gold in Pilbara and Sell it as Welsh Gold.. Clogau Gold doing that anyway 😀😃🙂
I'd like to know who the partner is too, and why we are not being told. What's the big secret? George looked pretty shifty in that video, like he was trying to explain to his wife why he had been away for a business trip with a close female friend. He is cheating on Clogau!
Just an idea but if your a vendor you give alba half the costs and full responsibility for development sitting back taking 50% of the profit as a passive joint partner.
I would like to know who the partner is
It sounds as if Alba will be inspecting the ground for themselves very soon, before their option matures, so we should learn more within the next month.
Still doesn't explain it though, especially now the Azure cat is out of the bag. Why is whoever they are getting the option from selling it? Why wouldn't you wander the landscape to see if you can see pegmatite out crops?
I had a look on Google earth, it's quite easy to tie in the Azure landscape into a SW to NE surface geological pattern. It's a barren spot so you can see surface geology pretty well. Have a look at Roebourne, WA.
In his video interview with lse above, GF explains that their Andover West licences have been explored in the past for other minerals but never for lithium.
I believe they have a 30 day option before committing. Did GF mention one licence intrudes onto the Andover intrusion
https://youtu.be/CcvOihgvstE?feature=shared
Hmm. Its a 'why?', not so much the why buy it, but why were they able to buy it. The Azure guy basically said you can wander round and spot pegmatite outcrops with visible spodumene. If the plot that Alba is potentially buying into has the same geological features why hasn't someone already snapped it up? Azure is valued in the billions now, surely they should be doing an epic land grab of every bit of similar landbank they could find in the area?
In the video posted by Ocelot at about 10:20 there is a map with the pegmatite outcrops marked in red. The look to be running more or less East West through the block, with nothing really recorded in the NW corner. Alba's block is NW of this!
You would assume they would at least have a geologist wander over the landscape before committing to the purchase, its only common sense. But if you were selling wouldn't you have already done the same?
Toss a lot ! U need liittle tos o lots to put money into a total scam ! Fools the lot of u ffs dont listen to knob heads here ! In deep shiiii..g their pants another waste of money and time
Put ur money in its a great price ! For nothing but bollo
18/20 years time ! Meanwhile there are second hand shops for sale ! Total and utter rubbish , no proof nothing , a banker would nevet touch this total rubbish total Scam !
I post again the video FollowTheVein posted on 24/04 at 16:31 on Azure Minerals and their Andover project's Lithium:
https://www.youtube.com/watch?v=hTWfuiZpEWg
From 13:00, Azure's MD provides a summary: he uses the word "exciting" a number of times within about 40 seconds.
Let's hope some of that excitement can become associated with Alba.
Just to add: the video gives the impression the opportunity in Western Australia may have been irresistible.
Thank you for posting the video, FollowTheVein.
Can't not can explore, test etc with shares.
I'm not convinced on this move.
Its speculative and on the other side of the world!
We have a current Market Cap of around £5-6M so hardly Rio Tinto and the additional costs and distraction of the board with all that's supposed to be going on, I'd suggest is not needed, at least currently.
The £250,000 of shares also is another dilution. Ok at 25% up on the average but within 30 days and 15 days average prior to that!! I hope there's some good news that boosts the SP up this next couple of weeks, so a bit less shares issued.
Also it will be a dilution as these shares will be sold as you can explore, test and etc with shares, its got to be cash from a sale of the alba shares, therefore will obviously hold the SP down whilst this is going on. So about 350-400M new shares floating about holding us down even with some good extra results from the samples, blasting and aero surveys.
One of the 5 year licenses runs out this year. So what has been done over the last 41/2 years? And at what cost or time to renew this license.?
I do like the idea of diversification but if the current BOD and paid staff ? Plus work experience are so busy with the current business then why take on the extra loading now.
Maybe its an opportunity that must be taken now?
Maybe its to try and prove the asset and then sell to the bigger player next door at hopefully a great profit ?
If it was such a sure thing then the existing owner probably wouldn't sell.
Basically I'm not keen, but I'm not on the BOD, so my opinion has no sway.
Anyway DYOR and fingers crossed. Etc
Azure Minerals 2023
https://youtu.be/hTWfuiZpEWg?feature=shared
Liz Henson a Director at Artemis now.
George Frangeskides & Lenigas were both at Artemis when Alba bought Amitsoq.
GF has Australian contacts.. I thought Pilbara was Gold Country.
On LinkedIn now Ex Geologist Samuel Hooke, who left Alba in December is looking for Work in Western Australia.. Coincidence :))))
So a bit like Wales really.
I didnt know that Noobz, very incestuous in that area of the Pilbara. Especially with the crappy microcap stocks and tenaments.
Remember GF used to work for Artemis once upon a time so knows the landscape over there worth a mention. I’m incredibly busy atm tho to post my full thoughts which are that of confusion and skepticism until we get a full video explanation of why
Share price will have to go up if they're going to fund Mrs Henson's sub-contractors in Oz.
I am not overly excited by the Pilbara.
"It's sexy for management ."
Now they will demand the pay of the CEO & BOD of a Global MEGACORP. No doubt a placing will be along in half the time that ocelot will post that they have cash resources for (or even less).