Member Info for dsfat

HHDL is a special purpose company that owns a 65% participating interest and is the operator of the licence area, comprising Production and Exploration Development Licences (PEDL) 137 and 246 ("Horse Hill or the "Licence Area"). For further information go to www.horsehilldevelopments.co.uk. The remaining 35% participating interest in the Licence Area is held by Tellurian Inc, formerly Magellan Petroleum Corporation (NASDAQ: TELL). As such, Alba owns an effective economic interest of 11.765% in the Horse Hill Project.

Alba should have news on it's TBS maiden mineral resource soon..

A good JORC could help JAY with interest from China etc

imo of course

It would be great to see strong results come back on TBS over the coming weeks...

Bluejay has seen it's share price rise circa 18% since Christmas and now sits at £119M MCAP based mostly on it's Dundas ilmenite project and the resource there (the Beach next to TBS)

IF Alba land big news regards a JORC at TBS things would change very quickly..

Is it possible that Alba might become the strongest player in the Weald Oil Story with circa 17% of HH and Brockham?

Now that would be something to chat about :-)

With all eyes on HH and Brockham and investors seemingly jumping from one to the other looking for value in UKOG and Angus Alba could be the one that delivers but by way of it's Thule Black Sands (TBS) project as well as it's Weald Oil holdings...

With what i'm sure we all hope will be the 'significant maiden mineral resource' due any time now...

Good article from last year about Greenland and Bluejay:

https://www.mining-technology.com/features/uncovering-titanium-greenland/

Tankers rolling out of HH and Brockham looks to be all systems go..

https://twitter.com/Share_Talk/status/1081260454402576399

Alba set to benefit from both projects :-)

I think it's worth pointing out that Bluejay and UKOG had MCAP's of circa £200M each with Alba sat at about £8M at the time but both have seen MCAP's reduce to circa £100M over recent months..

A lot of rampers were also looking at the Bluejay's £200M MCAP and UKOG's £200M MCAP and expecting Alba to see a significant share price increase to gain some parity..

Alba still look cheap imo of course

All this talk about shorting has made me watch 'The Big short' again :-)

Great New Years Day Movie :-o

Not bad at all with Alba, UKOG and Angus all finishing well..JAY also on the up and DOR news of becoming operator of a Gas Project in Aus ! Let's hope 2019 is Weald Oil Year... Greenland Ilmenite Year Ireland Zinc Discovery Year Welsh Gold Rush Year Greenland Graphite, Polymetalic and Iron Ore Year I enjoyed this board and all the posters this year, even WO, Baz12345 and Dropzone :-0 I'll raise a glass to you all tonight and look forward to the exciting year ahead.

We have a Buy :-)

MCAP of £100M for HH ..?

Given the volatility in Oil, markets in general and the unknown reliability of the Weald Kim to produce long term..I doubt we will see £100M for HH.

A great result at Brockham should help allay investor concerns about the Weald Kim's ability to produce over a large area so fingers crossed Angus can get the Oil up there..

IF HH goes to plan (SS and UKOG's Plan) then Alba will be in a great position with regular significant income to cover costs and to further develop existing projects.

For me TBS is still the project that could really add value, IF they can deliver on that 'significant maiden mineral resource' and gain some ground on Bluejay.

All imo of course

Surrey Live article on the recent HH Planning Application published yesterday:

'The oil company intends to build infrastructure that will pump out 500 tonnes of oil a day for the next 25 years'

https://www.getsurrey.co.uk/news/surrey-news/planning-permission-goes-four-new-15601553

convert gallons of oil to barrels by dividing the volume by the conversion of 42 gallons per barrel. This gives an answer of approximately 172.9 barrels (7,263 / 42). Therefore, 25 metric tons of crude oil is approximately equal to 173 barrels.

Alba's circa 12% would be in the region of 60 tonnes of Oil per day

Somewhere near 420 bopd

420 bopd x say £50 per barrel = £21000.00 per day

£21000 x 360 days = £7,560000.00 per year to Alba

£7.5M per year from HH IF it all goes to plan

+ Brockham 5% (Couple of weeks and we'll find out if it's any good)

+ TBS ilmenite
+Cloggy Gold
+Irish Zinc
+Amitsoq Graphite
+Inglefield Polymetallic ?

Link to Scotgold website:

https://www.scotgoldresources.com.au/

Good company video

mining.com link again:

http://www.mining.com/development-scotlands-first-commercial-gold-mine-gets-going/

Few on this board show much interest in Alba's Cloggy Gold Mine but similarities can be drawn with Scotgold and it's efforts to begin Gold Mining in a Scottish National Park.

Interesting read and with Scotgold's shares skyrocketing recently Alba should do well if they follow a similar strategy.

http://www.mining.com/development-scotlands-first-commercial-gold-mine-gets-going/

https://www.thisismoney.co.uk/money/investing/article-5830821/SMALL-CAP-SHARE-IDEAS-Scotgold-Resources-seeks-glittering-reward-new-gold-mine.html

Scotgold raised circa £4M to begin mining operations...

IF (big if) HH delivers circa 2000 BOPD in 2019 as stated by SS Alba's share would be in the region of 220 BOPD.

At an average of say £50 per barrel is £11000 per day or roughly £4M per year..

So HH delivers next year and Alba should be in a position to begin serious mining at Cloggy in 2020.

Nid cynllun drwg

Welsh for not a bad plan :-)

imo of course

Agree Albinio.. Alba holders see HH tankers as proof of Oil and funds flowing in.. HH expansion plans in for next year should be the making of Alba.. Angus have me slightly worried about Brockham... Start operations and then go on Holidays ?!?

Great to see todays Tanker leaving HH.. Big plans for HH next year and no doubt for many years to come :-)

WO

Looking at how Alba have performed over the past Year I would suggest this share isn't doing so bad at all...

If you really think it's that bad you can sell up and invest elsewhere..

There are plenty of companies that have performed a lot worse than Alba this year..

Alba were at 0.34 this time last year hardly dropped :-)

https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00B06KBB18GBGBXASQ1.html?lang=en

UKOG was 4p this time last year !

Angus was 9p

and Doriemus..well the less said about this one the better !

Alba have added assets this year and look set to benefit from HH and Brockham..

If Brockham doesn't flow (BB and Lidsey didn't do so great) Alba are still sitting on HH

All good here ;-)

imo of course

Picked this up on the UKOG board...

https://www.bloomberg.com/opinion/articles/2018-12-23/oil-price-drop-reflects-skepticism-on-opec-and-dim-global-view

Plenty of Christmas reading regards HH planning application:

https://bdsdocs.reigate-banstead.gov.uk/Planning/dialog.page?org.apache.shale.dialog.DIALOG_NAME=gfplanningsearch&Param=lg.Planning&viewdocs=true&SDescription=18/02667/CON

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Baz

Try taking a look at this again and specifically the 'Why Alba' parts:

http://www.albamineralresources.com/ul/Alba%20Corporate%20Presentation%20Nov%202018%20WEB%20-%20Copy.pdf

It should be self explanatory...