Member Info for degsie

GF very positive about Gold mines in Wales and about spin off of Greenland assets.

Well worth reading Chairman's report
https://www.albamineralresources.com/wp-content/uploads/2021/05/2020-Alba-accounts-working-FINAL.pdf

must be issued by end of month.

Thanks for info.

I know John Meyer is a mining analyst at SP Angel. Has he bought shares in KOD amd if so how many?

Missing letters

https://www.**********.co.uk/media/60c9e8a6f100b6321edd9b5a/?context=/series/daily-podcast listen from about 19minutes

21 negative posts today.

Well worth a listen, Bernie very positive

Should have news of sapin off of Greenland assets.

More positive operational progress for ALBA as the Company moves towards establishing a Mineral Resource at Amitsoq. The six-week drilling campaign will provide the foundation for progressing the Project to the development stage with a Scoping Study to assess application of various mining methods, logistics, infrastructure requirements, refinement of the process flowsheet and mine waste management.

In addition, ALBA has delivered further welcome news regarding the mapping and sampling program at the Kalaaq Discovery on the mainland portion of Obsidian’s license area. Investors will recall that on 7 June 2021, Alba reported the release of an Exploration Target for Kalaaq mineralisation alone of between 4.0 and 7.0 million tonnes (assuming a density of 2.63t/m3) with a grade range of between 23-29% Graphitic Carbon following discovery of Graphite deposits during Obsidian’s fieldwork in the summer of 2017.

Yanis. I think the spin off of Greenland assets is very positive as it will place a value agreed by other invstors on them and the appointment of two NEDs lastyear with first class reputations confirms the prospects of Alba

Yanis. Only five moans today. Why do you keep runnimg the management down if you are a shareholder and oresumably would likev to see share price improve?

Yanis, As you have such a negative view of GF why don't you sell and move on.

When details of spin out are issued this places a value on Greenland and should lead to reassessment of value of Alba.

94p in OZ

Expect news of this very soon and that should add value to Alba.

Market cap £16m. In Annual report issued in May the value of Horse Hill was revised down to £4m. The spin of Greenland projects will see the value of these determined by market.
Extract from AR
Moving the Greenland Projects into a new listed vehicle will allow the market to set a clear value for those assets in isolation rather than as part of a larger pool of diverse mining, oil and gas and exploration assets, as is currently the case. The potential for obtaining a significant stand-alone valuation is evident, when one has regard to the market capitalisations of other listed mineral exploration and development companies whose principal mining assets are in Greenland (see Table 2 below).
Table 2: Greenland-Focused Listed Mining Companies (information as at 14 May 2021)
Company Market Market Cap GBP Equivalent Main Project Status
Bluejay Mining Plc AIM GBP £90m £90m Dundas Titanium Development
Greenland Minerals & Energy Limited ASX AUD$127m £70m Kvanefjeld REE-Uranium Development
AEX Gold Inc AIM and TSX-V GBP £51m £51m Nanulaq Gold Development
Hudson Resources Inc. TSX-V CAD$29m £17m White Mountain Anothorsite Exploitation
Ironbark Zinc Limited ASX AUD$26m £15m Citronen Lead-Zinc Exploration
North American Nickel Inc TSX-V CAD$29m £17m Maniitsoq Nickel Exploration

Up another 8% in Oz to 80p

Up 11% in OZ to 74p