Member Info for Albinio74

And if I am reading it correctly bluejay based their maiden estimate on 5k by 1k of samples and came up with 23.6mt (forget the average % grade) , the 2018 TBS work was done over 10k by approx 1k stretch so almost potentially double the size if similar grade.

Bluejay have also repeatedly upgraded thier JORC.

April http://www.lse.co.uk/share-regulatory-news.asp?shareprice=JAY&ArticleCode=2ppogjyq&ArticleHeadline=Pituffik_Maiden_Mineral_Resource_Estimate

And to be fair cofe they are not analysing a few buckets of sand, maybe read through their RNS updates on TBS for the last 18 months or so.

Predictable over reaction from the market - we could really to with some great news on TBS now.

Interesting to see

I think most of us hoping for positive TBS results with maiden JORC.

Last fund raise of 750k was specifically connected to Clogau - planning application would be good but doubt that would generate wider buying activity.

Start of drilling at Limerick is overdue but doubt that would get any buying going.

Leftfield stuff Amitsoq JV / Sale, Brockham/HH sell off, TBS partner

Fingers crossed.

They do seem chunky (for Alba) and doesn't seem an obvious cause other than some new interest.

What were the deals/time scales RE selling on shares from the acquisitions of extra HH and Clogau, could be that - will look back through the RNS releases this weekend.

Apparently activity at Brockham looked more positive today

And ilmenite is a particularly interesting mineral play I think with lots of research that relates to alternative batteries and use in solar panels so if TBS is of significance, pretty sure it will be fairly straight forward to fund.

Is the usual way for small explorers - rocket science it is not.

Seems we are relying on TBS results and continued HH news to get the sp going H1 - good news at TBS would dwarf the potential of the other projects in my opinion - fingers crossed!

There doesn't normally need to be an excuse to drag ALBA sp down so will probably drop off.

Hopefully the unknown value of the 5%, at Brocham is not enough to devalue the near 12% at HH and other company interests too much.

TBS results could be a while but equally could be very soon and surely before March/April - the Alba team seem to have gone invisible though, no interviews, Tweets, web updates - zero.

so either gone on holiday or hopefully that means they are hard at work analysing/preparing updates in the near future.

Thought Limerick was supposed to be drilled by end 2018 but heard nothing on that so would have thought we must be due confirmations of details there soon i.e. drilling to start on .....

Seems to be this time of year - think we only had 3 updates last Jan and Feb. They can't force RNS worthy news but wish they would up the Twitter output or try and get more interviews etc.

They have acknowledged they need to improve that aspect of things a number of times but not much improves.

Guess the result of having a small team with a lot on their plate.

Maybe Limerick drilling news due at least?

No probs - fingers crossed

I don't recall them even specifying just that there is a lot to assess but my view is it has to come before summer Greenland plans which would probably be announced April/May.

So anytime between now and end of march is my estimate. Hopefully this end of that time as the longer it takes the more the market doubts.

I am guesstimating we should have around £1m at the moment (£750k Nov raise, some carry over from previous 2018 issues and some cash from HH)

The last lot of shares should have been admitted before the end of November so should not be a problem currently.

Just the usual drift while big news is confirmed (disappointing response to the HH RNS)

Near term news we can expect is a Brockham update, Limerick update, TBS results and maybe Clogau planning, in the spring should be a summer plan for Greenland and hopefully we will be closer to HH planing permission for the next phase there.

I would only expect a TBS maiden resource of "significant scale" to push the sp on in the short term after the flat response to what was a positive HH update and news of Brockham tankers.

Would need something really out of the blue to see a big jump now (like a surprise JV or license sale, amazing Limerick drill results, or TBS results way ahead of expectations etc)

Was really bad end of year for most shares on AIM but had expected these to rebound better based on newsflow.

Still plenty to be hopeful on but could do with the board delivering something backed by some fan fare to get much needed investor attention.

So with the 750k raised in November (and assuming they had a bit left form the 1.5m raised earlier in 2018) somewhere in the region of £1m with HH cash.

So in all likelihood will need a bit more for a summer in Greenland, progression at Clogau and backing development at HH and Brockham.

Unless they can sell off a licence or have a partner to come on board on one of the licences.

I tend not to worry about the oil price for investments like this - temporary spikes and drops are of little longer term relevance.

Perhaps when investing in the big companies thinking about dividend payments or where short term income is critical to developing increased reserves and production it is more of a consideration.

Caught on the hop TBH - will be interested to learn more about the new product - hopefully some decent interviews etc to follow.

Odd how often drops like today (for no apparent reason relative to Alba or obvious wider market move) precedes news.... We will see.

Not too fussed what the SP does until we get meaningful news, how the market responds then is key - for example if we get final confirmations of flow rates at HH and in due course planning permission from Surrey CC for the latest plans it is inconceivable the SP would not push up.

Equally if we do get great results from TBS and maiden resource estimate it seems very unlikely this will not positively impact on mcap.

Developments at Brockham could also help.

I don't expect short term news from Limerick, Clogau and other Greenland interests to have any short term effect unless they manage to get a party interested in a JV or buyout of one or more of the other assets.

Long-term still think Amitsoq and Inglefield could be amazing.