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Looks like (going by the warehouse photos) it's still in SA....If this is the case (unless they 'air-freight') forget about grinding rocks this year... However.. if it was up to UK companies to design and build... We would probably be looking at 2023...at the very least!
ATB
Lol.. the MM's have played a blinder here..! Mugging all the inexperienced 'first-time' traders...also those who can't read/understand an RNS...lmfao..
Cum Vol: 188,108,811
Vol Sold: 77,177,229
Vol Bought: 32,711,300
Unreported: 78,220,282
ATB
I must say the board are confident on excellent 'assey results'... 1.5p equates to an MC circa £75M...!
Don't think most people read the RNS fully nor correctly..
"The warrants will also be subject to an accelerator provision, such that if at any time during the 24 month duration of the warrants the 10-day volume-weighted average price (VWAP) of Alba ordinary shares exceeds 1.5 pence per share, the Company may give warrant holders notice to exercise their warrants within 10 business days following the Company's notice and to pay the exercise price in full within 15 business days following the Company's notice, failing which the warrants will automatically expire."
ATB
Well, the good 'non' response to my comment.. could bode well for TRP and shareholders for 'bearing good news'....
I just think that when the 'News/RNS' arrives.. The SP will explode.. as per 20th Nov....but we would like some sort of 'advance notice'....as I'm still awaiting my 'top-up' price....lol
ATB
Holding up well, considering we haven't had any substantial RNS/News since 1st Sept.. almost 3months! (Don't think TRP has went so long without releasing some news).
Surely there must be 'some' negotiations going on in the background..?.. Anyone willing to speculate??. Cameroon/South Africa/Namibia..???...or anything else????...
ATB
The spread is only 'ridiculous' if you're 'day-trading'... If you're holding for the 'explosive' RNS...which is well overdue..then NO problem... Personally, I'm waiting for the SP to drop a little more so I can 'top-up'..and 'average-up'....lol
Lol ... It's all a bit of gamble (red/black or ALL on green).. massive gamble..... LOL... ;)
ATB
IMO, it's not the 'grammes per tonne' that interests me...but the 'ancient royalty' connections for many a nationalist or expat who would like a piece of gold jewelry (e.g. 'a wedding band' etc.. for themselves or their respective partners).
You just have to look at the current jeweller's websites currently using Welsh and 'potential' Scottish gold to see the 30+% mark-up...
This gold produced is not destined for the industrial electronic industry like other mines around the world.
This will be premium 'high grade' gold, however you look at it..
ATB
steve196..I recon you're correct...It's been a massive "cash burn' this last few months/year...having said that...we still have another 4 months or so..of financing funding for the licenses, (Cameroon, SA, Namibia etc..) also, business expenses and salaries etc..to take into account... not forgetting the 'long lead items' for our 'proposed' Cameroon campaign - Drilling, Logging Tools, Well Head Equipment etc.. These items will be well out of service by now and most probably have been returned to the owners..for more productive work elsewhere.
Yes, we all know JA has now got a 'potential' big find in SA..but I feel this will 'mull on' for another few months/years or so until the POO increases significantly...also no word on OilLR's investment coming through..
Sadly.. IMO the only thing that has risen is JA's ego..
I hope I'm proved wrong... but I doubt it.. unfortunately not at least until Q3 next year... Still holding.. but for how long??
ATB
Lol.. well said Tully... Between the 'blatant' (obvious) and the 'subtle' de-rampers (excellent prospects/ good RNS etc.. but 12months/5years etc.. until the share really takes off..bla bla bla..) bring them on..and more.
As as they do; I'm 'topping-up' and....'averaging-up'.....lol...
ATB
MM's are just keeping the SP below 0.5...
Volume Sold:. 39,979,727
Volume Bought: 35,175,655
Cum Volume: 103,435,101
Unreported: 28,279,722
I suspect these 'unreported' trades are 'buys' and will be released in 'tiny' amounts over the next few trading days - so as to prevent the SP rising too quickly....it's been happening for a few weeks now....
ATB
Yes indeed Carib..with the 'big blob' on our South Africa's Outeniqua basin Prospect... I can imagine 'New Age' (50% partner) would be keen to develop this area - or even sell it off to a major - in fact, IMO, I really don't see the need for further 3D seismic data..due to the recent Total finds... Then we have the Namibian play...this could be bigger than SA?
BUT.. the deal is, we need to get our Cameroon campaign going..(which is primed to go - only Covid holding us up).
I believe this would give potential investors the confidence to commit to the 'big' Namibian prize...
ATB
This will be an interesting case for BritNRG. Regardless of the outcome it should prove positive for Rocco's Carbon Capture aspirations for one or two our onshore wells..and possibly advance discussions with the Government Regulation Authorities'.
https://drillordrop.com/2020/11/17/oil-court-case-challenges-future-big-carbon-developments/
ATB
Hopefully, we can get 'Gold Ridge' back on track.. ;)
https://www.theguardian.com/world/2020/nov/16/moderna-covid-vaccine-candidate-almost-95-effective-trials-show
ATB