Member Info for Albinio74

I agree Yanis - I never count chickens but plenty pointing to imminent positive news, the key to maximising HH news will be the necessary permissions for production.

Brockham not effected by that as a production license so if results in same ball park or better than HH I assume some basic site work required and production / cash incoming - obviously no guarantees that if HH is as we hope that Brockham will be the same - plenty of reasons to be optimistic though.

TBS I have slight concerns re permafrost limiting depth to 2m and noting their tweet activity since end of August not mentioning TBS or Ilmenite once, despite several references to copper and Inglefield. Hopefully misreading from me and a 10k stretch even at 2m suggests I could be unnecessarily reading too much into Twitter output.

Have become more hopeful on Clogau though - the more I think about it the more likely it seems plenty of pockets gold still their to find - just need the planning to go well there I think.

Limerick could be a leftfield play for us - should be drilling there by end December and nickel doing well at the moment.

Inglefield really early stage but potential for copper, gold and cobalt so right on trend for any positive news flow over the next year there.

Interesting - I had always thought the same of you.

I am under no illusions here - just find it bonkers when people invest in an exploration company with zero income that then lose it over a fund raise for 750k.

I have sympathy for those that have been in for years, but some comments are hard to believe from people that claim to be informed investors.

That is right WO - until there is an income stream, maybe in 6-12 months that can be Brockham and HH.

A company this size can't raise £5m at a time unless it was for something specific that they could demonstrate a near immediate income from, so all they can do is raise is the sort of sums mentioned here as required (as they did earlier this year and the year before that).

Until an income stream is established this is the cycle - do people actually understand what they are investing in?

More damaging if they run out of cash........

Although you would hope they could fund raise after belting news fron a higher sp but never seems the way - assume the logic is more interest at low sp with news imminent (easy sell)

Oh well money banked to keep Clogau on the go in the foreseeable.

Thanks FF - believe have exchanged comments before on Clogau - the sifter was sourced by Stellar Resources - Alba have never commented on it though (allegedly there was a promotional video somewhere of it in operation when still under the ownership of Stellar - have never been able to track it down)

I am more hopeful for Clogau than I was when they took it on last year, but I think people have to be realistic regarding the hurdles they will face in getting it to open up again as a mine. That will include demonstrating the wider area is of commercial interest which will hopefully get the local community onside hence the work they have been doing (that other's criticised)

Think some are interpreting my comments as deramping, but have been in Alba for ages, commenting here for over a year and they have plenty of other near term news that can kick this on.

Jacksdadd - I believe the mine shut down partly due to legislative changes in the 90s relating to long term responsibility for pollutants that may drain out of the mine naturally and the obvious financial implications that may carry.

Subsequently it is not currently an operating mine, we only have an exploration licence, so a planning process is required to open it up again as a mine, the fact is used to be a mine won't give Alba a right to a quick process.

There are many private land owners to consider that can effect access and would have a say in the planning process.

I am not sure there is much in the way of existing infrastructure to enable redeveloping the mine or delivery of plant etc (remote under maintained roads/bridges)

As for tourism, there has even been issues surrounding amateurs panning for gold and the effect this has on fresh water fish etc.

I won't pretend to know in depth the scale of these factors and I do not believe these are insurmountable issues but they are certainly significant and this is the UK - planning is never easy.

On the plus side i do buy into the concept that a proven gold belt that has never really had any significant exploration or modern techniques applied is very likely to still have significant gold on offer that can work well for Alba.

I posted multiple links not long ago demonstrating successful re-opening of mines all over the world to show conceptually there is nothing wrong with their aims.

They did Geochemical soil sampling - most mineral exploration companies do this as a way of identifying and refining targets.

Do people think you use metal detectors and get a few beeps then dig a massive whole. Investors, funny bunch.

Planning likely to be the biggest obstacle at Clogau along with funding development, not finding and excavating the gold.

And when those concerns are posted here they can be questioned and countered (and vice versa)

It would be interesting to know what newsflow you are after?

HH is mid EWT and involves multiple parties and we have had regular updates.

Brockham is operated by Angus and things seem to happening there.

The summer was spent at Inglefield and TBS - we just had an Inglefield update.

TBS was a big operation for Alba so I doubt there will be an update until December/January - I may be wrong.

We recently had a Clogau update.

So news on Limerick would be good, maybe some clearer info on Amitsoq would also be welcome.

But it other than telegraphing a fund raise which may damage short term SP before strong project news, not sure what else is expected in the short term.

What dsfat said.

A little surprised no follow up interviews etc on the Inglefield update, but maybe imminent bigger fish to fry ...

Probably a good shout dsfat (satisfying OGA)

I can't see that HH EWT cash will go far for Alba. HH will need to become a production license and there are further development plans there to fund too - so Alba will need more more funds by spring 2019 - this does not need to damage SP if newsflow is as we hope however.

Maybe a chance Brockham has similar or better results than HH as we end 2018 and start 2019 and as a production license already could provide the funds required.

What I am unclear on is if results from Brockham are good, does other work need undertaking on site to accommodate long term production and if so, how long might that take.

A bit vague - they are doing a fund raise for £2m which seems to be related to Brockham - does say planned before end of this year but no more than that.

Speaking of GF slightly surprised no interviews following the Inglefield update - or have I missed them?

I shouldn't worry about dominating the board, not sure there is much of a queue.

No fun watching the sp here at the moment but I still think there is (multi) bags of potential here.

Forgot link

https://youtu.be/Ph9KlKcJ2YM

RNS but I do not expect it to effect sp much. Very early stage - lots of exploration companies out there with similar news flow on early projects. Copper and Gold key commodities to be involved with though so bodes well.

TBS update in the next month or so hopefully - fingers crossed enough for a commercially significant maiden JORC. Slightly concerned there hasn't been any Alba tweeting about Ilmenite and TBS since August but hey GF never one to over egg things, so hopefully nothing to read into that.

Interesting interview from Feb 2018 about long term Ilmenite prices - talks of 2021 being a sweet spot about 28/29 mins in (not an Alba interview, with Base Resources).

I think the markets have provided a fantastic buying opportunity for a very progressive expanding business.

Doesn't mean it might not drop lower than it is now but when the next flurry of good news hits the SP should head in the right direction pretty rapidly.

Yeah a good interview and he comes across as genuine, articulate and clearly very knowledgeable. But then he always has.

Lost on the negative posts here - as if investing is just a case of liking a plan and watching a straight line rise to riches, some idiotic stuff gets posted but hey, free world.

Seen this bumbling around online, might add further value to Ilmenite if anything to it. Lots of battery technologies in development but this appears offer cost benefits and long term performance benefits (i.e. looks promising in terms of the number of recharging cycles)

https://youtu.be/TEFvqyQxxY4