Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://www.theguardian.com/business/2024/mar/07/uk-green-power-industry-pledge-natpower-battery-storage
The futere is bright , the future is lithium ion battery storage.
A message to our sleepy manegment.
You might want to take a look at kavango resources rns published this morning. Their resource estimate of 5k ounces may not be much but it was enough to move the share price. They have similar tailings left over from previous mining.
Over here we seem to be comfortable moving at snails pace. Dewatering took far longer than was nedded and now Gf has anounced further delays.
I think the managment are not too bothered aboud moving things at speed here, why would they get paid come sunshine or rain.
Sad state of affairs really. We must be due a placing soon then more rinse and repeat. Little wonder there is very little investment going into alba. BOD has to come clean about their plans and not hide behind the corporate veil.
If you are looking for a real horror story take a look at copl. absolute discrace.
Be carefull people. Aim is worse then the wild west sometimes.
One thing I know for sure is that I will not be investin a peny if no resourse has been proven from now on.... too late I now but thats how its gonna be.
Daz
Think of it this way.
The tansfere of licence is taking longer than anyone thought it would. Is it the case that since hainan may take kodal plc over, then tecnicaly it does not need to transfere the licence over as it is the owner of all assets.
perhaps i am reading too much into this, but this could be one of the reasons why.
Its all speculation I know......
I too feel that hanan will want the whole lot as and when the price of spodumene starts to rise. The chinese dont do half in half out type of investment. You just have to look at Ganfeng lithium and bacanora a couple of yers back.
Lets hope it pays all of us well and most importantly us log termere. Been here since 2016- 17.
I was under the impression that waste tip application was ready to go. With the latest anouncement expect at least a year or even more before that happens. Then there is the wait for permit. No rush GF at least you are getting paid. If you thought more sampling was needed why not do it there end the but wait a year then tell us this. doest install a lot of confidence on currect or future investors in my opinion.
Yep waste tips indeed. Gf sets the bar quite low and still missing it. He sad a preliminary application was ready last summer but because we were waiting for dewatering he did not want to burden nrw. We'll guess what that burden has been lifted. In my opinion you cut expect people to go in heavy with such a cavalier attitude. Set some deadlines and stick to them simples.....
Albas pace of exploration han been and still is annoyingly slow.
Why not put some of the dirt through the small plant they bought few years back,.
its a sensible thing to be doing one would have thought. words like historical gold etc ring hollow at such a slow speed. We need statments like samples sent to the lab and expecting a turnaround of x weeks.
REMEMBER we can no longer blame nrw.
By the way whats holding back the application to mine tailings that was ready last summer.......
Answers GF answers...
Exactly that Robb. GF needs to explain why he told us the application was ready to submit and yet 6 months later he has gone quiet on the matter.
In busness you can not lie or tell half truths as it erodes confidence and for those of us that follow and are invested in alba.
With all the speen from Gf share price is heading in the wrong direction. Many people were expeting to see trces of gold below level 4 and so far no reports as such.
If we all want the share to go up, which i do, gf has to imidiatly inform the market that application to process tailings has been submitted. He said it was ready last summer yet there is no mention in RNS or the interview. Wtf is going on? Thats the only news to lift the price and so far we only had politician talk from GF..............
One way to describe AM is that he came acrross as a man with no emotion that could hardly speak due to his oveweightnes.
hOW GREEDY CAN THE MAN BE TO EAT ALL THE PIES AND GO ON AND LIE TO THOUSANDS OF SHAREHOLDERS SELLING SOMETHING THAT DID NOT EXIST.
Makes you wonder how can he sleep at night knowing that he has made so many people loose significant amounts.......
I was expecting some news this morning to say higher rate dewatering has commenced. Preparations should have been made in anticipation.
After all cant blame nrw any longer.
All is needed is a more powefull pump an biger house pipe.
No need to be dramatic just get on with it, its only taken 3 plus yers
The fat man has coused great distress and financial los amongst investors.
How can he sleep well knowing this is mostly his doing.
He will be judged in this world and the next and never be forgiven
Watcher you must be driving with your sences shut down.
You only need to drive in the south of england and the need to clean up all the diesel fumes is immediate. I drove to gatwich last night and the fumes on m25 m1 etc are unbareble. Have you ever tried to overtake a tesla with a diesel hahahahahahahahahahahh. Get real man, the change is unstopable and a 5 year old would get it.
For all the doubters;
https://www.youtube.com/watch?v=S-KBsPOZJF8
Classic tree shake created by mms to fill a big order. Dont Fall for it you good people out there.
This has happened way to many times.
Maiden resourse estimate came out, price is down
Licence to mine aproved, price goes down
117 mil recieved price goes down
But guess what .it allways recovers within a few months, so why would you sell at these lows, unless you have no food on the table. As allways dyor.........
All sellers need to be flushed out first before the real recovery begins.
I expect quite a few people have been waiting to sell on this news. I was going to be one of them but looking at the share price now I have not sold a bean. Been here 7 plus years, whats one or two mre years in the grand scheme of things. Main think the money is in the bank at plc level and kmuk level so real work can begein.
GLTALTH..........
GF is a lawer so he needs to read the legislation and act acordingly:
https://www.legislation.gov.uk/ukpga/2006/46/part/10/chapter/2
Duty to promote the company and the interest of the shareholders.
Duty to act within powers, full and franc disclousere of dealings with NRW are required. Remember this is a plc .
Duty to exercise reasonable care skill and diligence.
Its all there for people to read and make their own mind.
Waste of time and money.
Appointing a so called gold expert, where any possible mining is years away,
Delaying the air survey for over a year now.
Nearly 3 years delay in obtaining DW permit,
Asking for a public document to become private,
Delaying application to process tailings,
CEO full of hot air and creaming 200k a year for doing next to FA.
The list goes on. I would not be surprised if Alba asked for the lower pumping permit and not NRW. GF feel free to prove me wrong. Yes NRW has not helped but 90 % of the blame lies at Alba`s DOOR.
JUst stating some facts as I see them so please people do not polish a turd.
What an ingenious way of pushing the funding package forward. All lithium assets held on trust for the benefit of kmuk.
Insurance taken just in case. Brilliant way to get around the Malian Burocracy.
Thank you BA ang good luck to all invested here as finally its all happeningg now.
The sp is where it is because of too many ifs and unknowns.
If eventualy the dewatering is complete, we may start looking for samples whre level 4 is.
If we return bonanza gold grades with high width then the share price will rise.
As it stands the volume of trades is really low and I would be very suprised if the share price goes up this side if cristmas. Folks have no spare cash to throw at this sitting duck.
Do you wanna hear the latest insane welles law: It is now ilegal to trap rats with glue boards in Weles as it is to inhumane apparently. From BBC welles.