Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
DriverMike, Unfortunately I think you are probably right. The mine obviously has excellent potential and one wonders what the present situation and SP would be now if a dedicated professional mining company had taken over the project from the start.
The management must be aware of our continually expressed concerns about lack of mining at Clogau but is doing absolutely nothing to address them. It has been a very long time since the mine was taken over and so far we have not been advised of any commercial gold actually being produced. It is not good enough!!
Really big deal today! 6 trades totalling £307.65. I am beginning to get the impression that the whole future of ALBA gold depends on the de-watering permission in spite of the fact that it has been stated that there are other available mining operations which have, for some reason, not been started.
The ore processing machinery which was purchased with great publicity must have been lying idle for a considerable time now! Fishfaced was slated for saying on this chat that nothing was happening after his visit to the mine some time ago but his statements appear to have been correct. This has gone on for far too long, hence the absymal SP.
Buys £8600 ? hardly a significant amount!
The next 1m buy is my top-up and I don't know anything. Just like the rest of you, waiting hopefully for information that is taking an endless time to come to galvanise ALBA into actually doing some mining