Member Info for Buy-Sell

That’s good of him. He’ll be getting another load of shares worth £100,000 for remuneration after the GM on 11/12/20, should the investors vote yes and of course they will. But if a finance deal is then confirmed and binding shortly after, he can have double that for me haha.

It all sounds good, but with very little information coming out from KEFi or anywhere, it is getting harder to believe in the project and believe that it will happen.

The TPLF have not helped things that’s for sure. But then they are 1000km away, have no friends or supporters and surrounded by the EG army.

Time for a nice drop of whiskey to relax with. Positivity is easier after a whiskey.

What’s the ratio between buys and sells?

I think Harry does excel at his endeavours.....

Stretching out this Tulu Kapi deal, to keep people interested and investing, whilst making himself rich.

Sorry to sound like a deramper and so negative, I’m just fed up with it all at this moment. Got to try and think of the positives.....

Somebody help me out here lol

And down it starts to drop.

MMs probably dropping the price to scoop some up and sell on at a profit. Hopefully

@Petrodollar. Yes the institutions who have subscribed to the placing at 1.6, will or should have access to a little more information than us and some weight can be given to their opinions to buying in.
This is something I have considered and that is why I am still here. It gives you hope that this could still happen within the next month or even 2. We shall see, but it may be false hope. GLA

100% tick up in the next 6 months????

Not impossible at all....in fact the more I ponder it, the more it is possible. But the test plant needs the technology to be proven first. If that happens and it all gets the thumbs up, it is certainly possible. GLA

Somebody wants in before plant turn on next week.
GLA

So many people viewing/reading/posting on this BB.

I have seen the numbers growing more and more over the last few weeks. The SP is now starting that upward trend again like it did 3 months ago. The next step in Albas growth is about to begin. GLA

The second placing in December is for paying the debts off and remuneration of wages for directors. This has to be agreed at the GM on the 11/12/20 by a vote of investors. It will get passed and Harry will get £100,000 in shares....6,250,000 x 0.016(1.6p admission) =£100,000. Nice round convenient number that.

Anyway the first placing....

Use of Placing proceeds
The Placing is being undertaken to:
• Fund a further resource drilling and exploration at the Company’s Hawiah copper-gold project, which continues to gather momentum following encouraging drilling results in the recent drill programme and to maintain its current 34% participation in Gold & Minerals Limited ("G&M"), the Company’s joint venture in Saudi Arabia; and
• for the provision of general working capital for the Company pending funds becoming available from project equity subscriptions in Tulu Kapi Gold Mines Share Company as the Company looks to finalise its funding consortium for the Tulu-Kapi gold project this quarter.

Maybe the good news of finance will come after the GM, if before, the share price would rocket and the investors that would be invited to subscribe to it would not get the best of returns.

So my opinion.....I don’t see any RNS this side of the General Meeting to state that funding is finalised and binding.

Hope you’re right Jackunion. LOL

My guess is....assay results anytime from next week, but people need to be in it before they arrive and so we could see an influx of investors and bigger buys from now. This should then take the brakes off the SP a little. Fingers crossed. GLA

As George Frangeskides stated in the VOX podcast, work in Greenland will start up again next year and I fully believe will see great things happen there in H1 2021. It really is all coming together and I wonder if ALBA will break out of being Aim listed next year???

Dividends is some way off I must admit, but it is good to get it out there and to talk about the possibilities that could come. 2022 maybe, with the wind behind it, on a downhill gradient and George pushing???

I am looking forward to hearing the news from Greenland next year. Soooo much potential in Wales and Greenland.

Exit price???? I predict this stock will turn into an earner with dividends. I don’t plan to exit ALBA, I’m going to ride all the waves up, up and up. GLA

They’re gonna hold the **** out of this one and keep it down as long as they can.

All the team at ALBA must be pulling their hair out at the SP (those that have any).

Profit takers........or
Stop losses........or
Get out quick before the shot hits the fan.

Mostly the latter I think and I may be joining them soon.

Does everyone else know the truth that we fail to believe. May be time to jump ship after 10/12/2020.

@Forrest: I hope you are right. It has to be said, I’m losing faith in the guy....my raised stop loss (in my head, not in account) may well kick in at this rate.
GLA

Thank you for your updates dsrt, I’m reading the aljazeera news regularly and keeping up to speed with it all. BBC are useless in their reporting, don’t believe a word they are saying.

Hopefully it will come to an end next week with the Tigray leaders captured or otherwise. Should help the SP a tiny bit and get into 1.7s. Only way this SP is going up is confirmation of full finance that is binding. GLA (who’s left in)

Hahaha, I like your 0.80 :o)

I’m going with 0.51 (I’m not expecting assay results until first week in December at earliest).

GLA

Exactly right jacknose. Without that assay result, Albas words are just air to them. We can guess and hope from what we hear and read for ourselves, but for the SP to go up, the MMs need proof. We are solid and stable at our current level, but when/if that proof comes, we will need to hold onto our hats.

GLA