George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Interesting buying and rise this afternoon maybe someone knows something back over 25 for starters be great gla
Fact it is on site https://twitter.com/TouchstoneExp/status/1664384153628950529?s=20
Decent daily rise and malcy review of yesterday's news suggests more to come .....gla ;)
"I will redo my numbers shortly but they will not go down and the deal is significantly accretive and the company is more profitable than ever before. Forecasting the gas price is foolish but I for one am incredibly positive and this move has indelibly stamped the high quality management and I am sure that there will be more deals like this to come. SOUC is a keeper and will increase in value a great deal from here…"
Great news and all blue with decent consistent 20k buys going through smart move well done gla ;)
Nice move 4k well done and great news today more to come no doubt very low mcap for such significant assets hopefully recent re bound continues gla ;)
Significant re rate coming here gla ;)
What makes you think they stopped drilling
Souc q4 and year end results due mid April hopefully operation update too.
The management team anticipates growing production from 3,400 BOE per day of currently to over 25,000 BOE per day in the next 4 years.
Malcy bucket list:
"Plans to develop the portfolio makes 2023 a truly exciting prospect and I have what seems like a monster target price of 260p a share in the book."
Short term drift and lower gas price, fear not Defo hold long for decent rewards in the meantime great top up price ;) gla
All blue so far and decent buys news by end feb no brainer obv buy
malcy "Plans to develop the portfolio makes 2023 a truly exciting prospect and I have what seems like a monster target price of 260p a share in the book."
Under 40 to 260 even if back to 60-80 anyone buying now will do very well gla ;)
Short term drift here leading to news way over sold. Recent pod cast end Jan confirms current drilling due complete mid Feb and expecting update late Feb then steady news to July. Look what happened Feb 2022 sp 25p by June 84p. Can see similar coming given what's due and expected to triple size of company. Loading up thanks very much and my buys showing as sells so don't be fooled by all the reds. Impatient to patient GLA ;)
Been following matd for Years usually trading in after placing and out after decent rise ....so here we go again rinse and repeat cycle I guess despite matd producing nothing meaningful so far but it's never thier fault blah blah blah.
Dec 22 interview he says 6m left of 10m raised in 2021 so spent 4m on what ??? And yet claims it's ok as they were frugal ??? Before that produced a slide saying velociraptor will cost 1.7m so 6m in bank left from previous 10m raise covers should cover that and heron. Yet here we are 6m as at dec plus another 6m is obv 12m. Will we ever see anything meaningful actually happen or endless not our fault delays .....who knows but despite all that the support for this share seems to remain and the cycle of sub 3 to 4-5 will continue in hope that one day .....lol anyway just my observation so far and hopefully today's sub 3 will soon be back to 4-5 GLA ;)
600k bopm planned 2023 eventual target 1m bopm even at low 80$ per barrel that's 48m per month cash or say 500-600m per year at 600 then 1bn at 1m bopm and 440m mcap wowee 130-150 broker malcy target can see that coming .....steady climb from here ....adding all I can and holding tight GLA ;)
Malcy view comments and this news suggest this should be back to previous 60p at least then only way is up when onp and barge capacity sorted plus 13h mid Dec ...holding tight to these and adding further GLA ;)
PTAL shares are undoubtedly significantly undervalued, they doubled earlier in the year but have recently fallen back to the 40p level, a significant discount to my target price of 150p and therefore with so much operational upside the shares represent excellent value.
Looking much better here fundamentals seem strong with more news flow from 2 more wells April may then June production latest well all to add to 3400 mid point 2022 guidance fully funded 16-17m mcap seems low v others with these fundamentals. GLA ;)
A rise from 0.85 to 1.25 less than 24 hours that's pretty much 50% up then loses half that gain from 09:00 - 11:40.....and now back under 1p as I write ....someone wins and walks away Xmas happy day trade while someone on other side sits on an instant loss trapped maybe short term hopefully for them.
High risk reward here given block track record but already very low mcap should Jkt fail or disappoint downside hopefully not too harsh.
watching with interest been in out block over the years few times won and lost... shame to be at this level will be punting when feeling brave lol GLA ;))