Member Info for dsfat

Hi Scsiborg

Welcome aboard

Milender

Hardly defamatory imo

I could have posted those comments on the JAY board if I wanted to stir things up..??

I mention JAY on the Alba board because they are both prospecting the same Minerals in the same part of the World...

It's as simple as that

Daramuda

You persist with your North facing Beach theory. Please take a few moments to look into Alba TBS licences and then kindly inform everyone which Beach is in fact North Facing:

Please find a link to assist you with your research:

http://www.albamineralresources.com/ul/20180313%20Alba%20Thule%20Update%20RNS.pdf

I very much look forward to the results of your research.

Q: Which Beach Is North Facing ?

For a total consideration of £1,925,000, the Company will receive Gunsynd's 2% and Primorus' 5% shareholding in HHDL, equating to a further 4.55% beneficial interest in the Licences. The total consideration, with an effective date of 17 August 2018, comprises £425,000 payable in cash and £1,500,000 through the issue of 85,714,286 new ordinary shares in UKOG ("Consideration Shares"). The Consideration Shares are calculated based on the closing UKOG share price on 16 August 2018 of 1.75 pence. Completion of both acquisitions, which will be announced in due course, is conditional on HHDL consent. In the year ended December 2016, HHDL made a loss of £146,208.

If I was holding UKOG I think i'd be happy with the extra HHDL holding but not so happy with the additional shares being issued..They raised enough to complete the deals with cash ?

Pretty solid news for Alba tho

imo of course

As an observation the water craft now approaching Moriusaq now has been slowly moving along Alba's TBS this am:

https://www.marinetraffic.com/en/ais/home/centerx:-71.3/centery:76.8/zoom:7

I was interested to read this from the Bluejay Board:

https://naalakkersuisut.gl/~/media/Nanoq/Files/Publications/Finanser/Economic%20Report%202018%20Eng%20A4.pdf

From pages 11 and 12;

'To ensure continued interest from the mineral resources industry with regards to investing in prospecting for and exploitation of Greenlandic underground resources, continued efforts to ensure
stable and good framework conditions, easy access to data and to promote the mineral resources potential of Greenland will be of the essence.

In addition, options for streamlining official processes are subject to ongoing review.'

Perfect timing for Alba

Been a while but it's been on the cards..

Interested to see if the big buyer from the last few days grabs some today

10p a share would give you a healthy profit :-0

These slow and steady big buys are very interesting...

Could be a pi with big pockets, a large institution, Spreadex or maybe it's a competitor buying up Alba ?

We were all left wondering who bought 100 million shares a few months ago?

Interesting to see the Kenmare board taking note of little Alba and with Alba's Technical Director, Mr Howard Baker having worked for Rio Tinto and Iluka I wouldn't be surprised if they have been on the blower to Mr Baker...

Kenmare, Rio Tinto and iluka are all cash rich and big in the ilmenite market..

Taken from Greeno on the Kenmare board:

http://iluka.com/docs/default-source/asx-releases/iluka-2018-half-year-results-slide-pack.pdf?sfvrsn=2

It's early days for Alba's North West Target but that's usually the best time to get involved..

imo of course

Hudson Resources Inc had an off take agreement in place before obtaining a 30 year mining licence:

https://hudsonresourcesinc.com/hudson-awarded-30-year-mining-license-for-white-mountain-project-greenland/

Great to see our Greenland ops team in action...

Strangely I feel like it's helping to suppress the Indiana Jones in me :-)

I couldn't see an Ashtray for that Ciggy on the inshore Boat tho lol

Greeno

This huge ilmenite Beach ?

https://www.youtube.com/watch?v=x54P2Nx2fPU&feature=youtu.be

Alba are currently working on a North West Target Mineral Resource...

Kenmare was mentioned in a recent interview with GF (Alba's exec chair) on Core Finance...

KMR have the cash and the expertise....

I've been looking at the Kenmare board and found it very interesting..

They know their ilmenite market and share some great info..

Alba also got a mention recently:

'Over at Alba

Their ilmenite potential not yet on the radar'

Greeno's post was shot down by another poster but Greeno replied with:

'Small compared to my KMR

KMR could buy them with loose change and get a huge ilmenite beach'

It seems they are keeping an eye on Greenland and Alba

Kenmare is a very good board to keep up with ilmenite news

That 6m Buy has all the hallmarks of a JAY investor backing Alba

imo of course

I think investors expected JAY to have all their Ducks lined up ready to produce this year but as per this recent release they still have work to do:

https://www.titanium.gl/documents/research-reports/STRONG-BUY-Target-Price-45p.pdf

From report:

'The consultant team continue to working on the EIA and SIA which should be
released along with the Final Feasibility Study around the end of September
early October'

This seems to have been enough for a few big investors to jump ship..for now

May be something to do with Alba's efforts but most likely just JAY not delivering good news to investors.

imo of course

I've been keeping an eye on Alba's North West Target via Marine Traffic and based on the fact that there was a small water craft located at this target some weeks ago i'd guess they have carried out work on this target already.

https://www.marinetraffic.com/en/ais/home/centerx:-70.7/centery:76.8/zoom:7

I generally look everyday so i'll let you know if I see any action up there ;-)

As a further observation it looks like one of our guys is having a waz in that tweet :-o

Wo

Probably just a coincidence that your post was the same time as a 2.5 m sale ..hmmmm

Plenty of news coming that will push this up in the coming days, weeks and months:

HH EWT updates from Kim
Brockham Kim well appraisal commencement (3 year appraisal !)
TBS mineral resource
Inglefield who knows what they will find
Ireland fingers crossed for big Zinc find
Cloggy if there is any Gold there these guys look set to find it

I think we can expect some finance raising news soonish but I also think that news will be seen as a positive and we should see new investors jump on board..

all imo of course

Wo..

What if the EWT's go well ?

During GF's interview with Core Finance Charlie made reference to Kenmare:

https://www.youtube.com/watch?v=i0YQsaqiAa8

Interesting if you take a look at Kenmare and it's ilmenite operations and of course it's MCAP of £230 M and has seen production decline (seemingly due to operation issues and a decline in ilmenite quality)

http://www.kenmareresources.com/

I like the three year graph on the London Stock Exchange:

https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/IE00BDC5DG00IEGBXSSMM.html

I hope you find these of interest

CofE you do worry me when you try to round up buyers on here..

But ok I'll add a few if it makes you happy :-)