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It's obvious ( in the last few weeks) that the MM's don't want the SP to breach 0.50 ..... They need positive 'cash building' news from ALBA. Why... because it's all speculation... Although they have confirmed there is gold... But will the 'bulk assey' results be enough to propel the SP??... In reality the AU/MT might be alot less or massively greater than anticipated..it's all a 'puggy' gamble.... Although huge stakes for me (personally).. it certainly gets the blood pumping...;)
ATB
With regards to the 'appointments'... specifically 'Ms Elizabeth Henson'... I'm sure she would not discounted the 'many very wealthy' Welsh entrepreneurs....of which, she most probably has already on her portfolio..!?
Check this link to the most wealthiest Welsh people...
https://www.walesonline.co.uk/news/wales-news/richest-people-wales-2020-18266007.amp
ATB
Now we are seeing some serious (delayed) BIG buys coming in.. looks like the MM's are getting close to the 'sells volume'.
Once the warrants are cleared..(which won't be long now) and looking at the 'historical 'trading volume' over the last few days, I can only guess the SP will only increase from now on.! :)
ATB holders, who knows, we might indeed have a 'Merry Christmas' after all. ;)
ATB
LB23, No offense taken...
As a former 'Drill Core Technician' and laterally a 'Reservoir Characterisation Engineer'..the diameter of the cores will be:
Min: 4.25"
Max: 6.00"
Industrial Standardised equipment. (Anything less would 'heat-up' then 'bend and break up'- during ops)..
(Caveat I'm talking about the O&G Industry).
ATB
https://www.bakerhughes.com/integrated-well-services/integrated-well-construction/evaluation/coring-services/conventional-coring-services
Try reading the RNS...?
DYOR (Do Your Own Research) - which believe it or not means 'reading' up on e.g. Historical RNS's, Company profile, Exploration prospects Directors/ Management experience...etc etc..
Lol.. you don't bet on a horse (Football team or even a puggy..!) without looking at its past performance/results....or do you??
Seems to me there are a lot of 'virgin' traders on this BB... hopefully they haven't spent all of their redundancy payments or maxed out their Credit Cards in the hope of getting their money + interest back before Christmas...more importantly....before the wife finds out :o
ATB
I thought OilLR were carrying out the Geoscience field work?...
Does this appointment of Dr Mark Enfield possibly hint that Tower has lost patients/interest with OilLR... If so, where does this leave us.. re-evaluate the 2D/3D data from our existing prospects??... Has he came onboard to 'sell' the data to more interested parties, also the 'potential' appointment of Duncan Rushworth..
to get or operations back on track??
https://www.epigroup.com/services/geoscience/field-re-evaluation-project/
ATB
Bishop, my mate used to 'hill climb' a mini cooper, similar to this one, can't beat the sound of a 'straight cut' gearbox..
https://youtu.be/RkxoIgNA_s8
When JA eventually gives us the RNS we are all waiting for...this might whet your appetite..to get back in the driving seat.. ;)
https://youtu.be/NN6kByh3JVk
ATB
Thanks Jim/Bishop... Yes, a wee bit pricey.. it's a '82' GPz1100 I'm restoring, lol..it's costing a small fortune but I'll get there...also got (bought new in '84'!) a GPz900A1..and a ZX9R which also needs a bit of TLC. :)
The sameTT legend Jim Hodson? ;)
Fab place Donnington, me and my mates travelled down there every year during the '80/90s' for the motorcycle GP etc.. Wayne Rainey, Mick Doohan, Kevin Schwantz battles were epic... campsite was legendary too!..
ATB
I can't imagine "Thanksgiving in the USA" would have any bearing on a RNS release... I don't think we have any connections with the US..? I may be wrong (lol...as I have been on many occasions..sitting in my greenhouse sipping USA's finest ;).
Saying that a US company MOBIL would be exciting... especially since they recently released their (relative to ours) easterly prospect, prior to Totals second massive discovery (which is closer to our patch). As we haven't heard anything for 3 months, I recon we will hear news very soon...SA is now on the map as a massive 'Natural Gas' producer, not least for the US but China, India and the rest of the world also,... an RNS is overdue as other LTH's (reggie, Aussie et all) will testament.
Lol.. just hope I can buy back my 1.5M shares I sold recently (while it was quiet) to go 'rainbow chasing' in some Welsh gold mine..lol
ATB
Ok guys, I've left it as last long as I can..(elephant in the room time..).
If you haven't read this... Circular Notice of General Meeting - 27th November 2020, you should.
https://www.metalnrg.com/investors/shareholder-documents
What is your thoughts with regards to the SP? - Top-Up now??or after the 27th Nov..???
Massive dilution, but potentially a massive increase in MC..??
To be fair, I have been in correspondence with RG - regarding my shareholding, but thought I might put it out there for your comments (BTW: I'm NOT selling :)
"If approved by Shareholders, this resolution will allow the Directors to allot new ordinary shares and grant
rights to subscribe for, or convert other securities into, Ordinary Shares up to approximately 526 per cent of (a) up to an aggregate nominal amount of £187,503 (consisting of 1,875,037,391 ordinary shares
of 0.01 pence each and representing 504 per cent. of the aggregate nominal amount of the
issued ordinary share capital of the Company).
ATB
Anyone else noticed? circa 110M shares 'un-reported'... 'Warrents' sold to the market... perhaps??..could explain the drop in the SP...along with the 'gittery punters'. (there were a good few auctions today)
Hang in there LTH's.... This will come good once the STH's 'credit card bills' come flooding through.. ;)
ATB
To put this 'plant situation' in to some respect to the 'mentality challenged' majority of 'ALBA Shareholders'...
If you had plenty time to attend a function - (or the case of ALBA extract the massive reserves of Gold in their prospects)...would you pay for a taxi or take a bus to the venue? (With respect to your budgeted finances).
ATB
VJ, WHY...they have the gold in the ground, it will be processed in time .
The only people desperate for the plant to be up and running is the 'short term holders' wanting to get out at the slightest rise of circa 0.001 of their respective average...or when their 'credit card bill' comes in next month...
Sit back and relax, 'top-up' on the shares the 'uneducated' are selling at a loss.. :)
ATB
ALBA, won't spend the huge cost for 'air-freight'.. would need to be desperate to do so.
ST, Disappointed in your comment... Chemical Leaching is the most economically technique for extracting gold...even SGZ are utilising this process... 'panning' for gold belongs in the 1800's.. hence the low volume/production rate of the day...
ATB