Member Info for dsfat

They need a bigger Pump to fully test the Portland :-)

'as maximum initial rates were restricted by the pump's capacity of around 470 bopd, a larger capacity pump has been sourced and has been mobilised to site for possible use during the remainder of the Portland test sequence'

goes on to remind us:

'The further EWT objective, of testing the two underlying Kimmeridge Limestone 3 & 4 oil pools which in 2016 flowed 40 API crude naturally to surface at an aggregate implied stable dry oil rate of 1,365 bopd, will commence directly after completion of the Portland test'

Well I'm happy with that update...

Things are Hotting Up

DZ gave a target price of 3p to Angus a few weeks back ! lol

News is due soon:

EWT update must land soon
Brockham BR4z Kim should/could be approved next week

Bluejay should be about to tell the market what it plans to do with the quickly growing mound of ilmenite and this should de-risk TBS and could see some lumpy buys come in here.

Alba have Boots on the ground in Greenland with three targets identified at inglefield (as previously identified by Nuna Minerals)

All Looking Good Here

Right i'm off for a paddle and a swim..

When we see DZ and Nannyman de-ramping on here it is usually followed by a Big Rise..

Last time they both showed up I think we saw a 100% rise !

Get ready for the next jump up... lol

My Bad..30 MT is Metric Tonnes not 30 Million Tonnes ! lol

But I found it interesting to see Bulk Buyer requests which include some big ongoing requirements:

https://www.go4worldbusiness.com/find?searchText=ilmenite&BuyersOrSuppliers=buyers

Quality obviously is important to some industries

I found an interesting website today with buyers looking for ilmenite.. One buyer was after 30 MT's !!

Looks like we had a late rush for the door today ??

This share always does better when we see a critical friend :-)

DZ
DoubleEndedDonkey
Doomamuda

Lucky we have Puddin helping to push this up today ;-)

Makes for a more interesting board when there are naysayers

'I Wouldn't Want To Be Out Of This Over The Weekend'

Joking aside Alba's MCAP could be attributed to HH alone and that would give a zero valuation of TBS..

TBS should soon have a value at least equal to that of JAY's Project

imo of course

Early days here...

HH looks a bit of a gamble but one that could deliver big returns to the HHDL consortium and their investors..Alba look cheap compared to UKOG based on share of HH.

TBS is the coastline right next to JAY's possibly the largest and purest ilmenite project Globally. JAY are sitting on +26MT at circa 8%. Alba have located a huge target area (North West Target) with sample 2 coming in at 13% in situ ilmenite.

Take another look, relax and wait for the Big News: https://www.youtube.com/watch?v=x54P2Nx2fPU&feature=youtu.be

If Gold is your thing Cloggy is almost sure to throw up a Gold Strike down the line.

Sit back, enjoy the Summer and wait for TBS.. If it's better than JAY it will strip them of their 'Highest Grade ilmenite SandProject Globally'

Who wouldn't mind some of their MCAP :-)

Patience ...

HH: initial results look good

TBS: Field work underway to obtain a 'significant maiden mineral resouce'

These two projects deliver in the coming days, weeks and months and people will wonder why on Earth they sold..

Brockham Kim BR4z planning decision expected next week..

Then there's:

Cloggy
Inglefield
Amitsoq
Ireland

My guess is the drop has been MM's searching for auto sells at 0.5 .. a lot of investors will be snoozing on sunbeds in the Sun (on summer hols) while the mm's pick their pockets... Just my guess mind

Alba seem very keen on what they call the North West Target at TBS. There was a water craft located there for some time around the start of July (as observed on Marine Traffic .com) Looking back at the video of this Target with Howard Baker commentary this Target measures approx 9000m x 1500m. The Target appears to be made from the same source Rock and the sample taken which was had a high ilmenite content. My rough calcs on the North West Target would be 20 MT per meter depth. There was some chatter on Bluejay about drilling 30m presumably to get their JORC resource. 10m by my calcs could give Alba's NWT 200 MT of what could average well above JAY's in situ ilmenite. So 4 times as much of it and twice as good quality :-) It's worth bearing in mind these are my rough calcs..they are unproven but i'd bet my right .... GF and HB have discussed this possibility ! Water Craft appears to be heading for the North West Target as we speak :-))

A few late buys reduced todays drop to 4.46 %..not ideal..lets see what the rest of week brings..

Presumably investors will have chosen Alba based on some research about it's assets.. HH EWT's started very well and look promising. Some patience is reqyired here. If they were carrying out 20 days well testing you could be excused for getting nervous..They are 150 day well testing ! Thule Black Sands has test work underway with the aim to produce a 'significant maiden mineral resource. A significant resource is predicted by many investors and should add considerable value to the share price. Test work at Inglefield is almost certain to throw up some interesting results. Some of which could add value here. Ireland is undergoing a significant push in the Zinc Mining sector. Alba are drilling in the very same area that the big boys are currently expanding opperations. This could be a surprise winner. Cloggy has over 300 occurances within its licience and a Gold Strike there seems on the cards down the line. Brockham Kim play is looking likely to get planning approved on the 8th and the Kim there could be better than HH ! Amitsoq is proven to have high grade Graphite and a new Graphite discovery last year could add the tonnage required to develope this licience in the coming years. With a fair wind and a sprinkle of good fortune this could 10 bag this year..or put another way 1000% You don't get those odds coming up often so i'm very happy to sit tight on my shares..

A little patience required while EWT's are carried out

Yeah profit is profit and nothing wrong with taking some along the way..

Why would anyone sell these now ?

I don't get it..

Oh well it does provide a slightly cheaper buy in for any new investors..

HH EWT News coming soon
Brockham News coming soon
TBS News coming soon
Inglefield News coming soon
Cloggy News coming soon
Ireland News coming soon

Maybe just trying to day trade but with a share that could shoot up at the drop of a positive HH RNS it seems an odd strategy.

Seems like a very strange time to be resigning from a company ?!?

http://www.doriemus.co.uk/wp-content/uploads/2018/07/20180730-Resignation-of-Director-App3Z.pdf

Agree oneandonly1,

I put together some info on the Big Three ilmenite Mining Co's some time ago:

Tronox are trying to become the biggest player globally but have opposition from FTC
http://fortune.com/2018/01/31/is-trumps-antitrust-policy-pro-u-s-business-a-new-ftc-action-casts-doubt/
http://www.tronox.com/

iluka
Iluka are looking to bring new projects into production and are a big player already
http://www.iluka.com/investors-media/company-industry-information

Rio Tinto
http://www.riotinto.com/ourcommitment/spotlight-18130_19380.aspx

These three companies represent the big three Global ilmenite producers and have the funds, expertise and production facilities to mine, ship and sell the ilmenite.

Should Alba prove up TBS and decide that they would prefer backing from a Global Giant rather than go it alone a deal with any of these three could be on the cards..

This time with the Howard Baker commentary video (JAY has what appears to be Funeral Music playing rather than technical info as provided by HB) I know which I one investors would prefer:

Comparing the Bluejay Fly-by videos with those of Alba's TBS fly-by's. You can see Alba's TBS to the East (Left) at the beginning of the JAY video the other side of the large water inlet.

Does anything strike you as different to Bluejay's side ? Think Colour...

https://www.youtube.com/watch?time_continue=19&v=05moP1UzeSs

So then I took at look at one of the Alba fly-by video's which actually shows where a sample showed THM=54% with an in situ ilmenite 13.1%.. Think Colour, Size and sample quality !

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

Bluejays coastline does not appear to be quite the same as Alba's.

Assuming darker is better and given the very high grade sample taken I'd hazard a guess that Alba may be sitting on the better ilmenite and more of it !

I think there could be some very awkward questions over at JAY when the results come in for TBS :-)

Rampair

Don't get me wrong, I like Bluejay and as you say why can't they both do well in Greenland.

Both companies seem to have a good working relationship with the Greenland Gov and both have multiple projects on the go up there.

JAY certainly have a first mover advantage but as Albinio points out Alba are not Rookies in Greenland. Alba will have learnt a great deal from JAY and the 'sterling work they have put in' as noted by GF in his interviews.

Both Co's could do very well, let's hope so..