Member Info for dsfat

I think Alba will look to farm out TBS when they have obtained all regulatory approvals and Bluejay have begun production. I don't think HH will be sold if a declaration of commerciality is made. If HH can deliver long term high bopd then why sell it? Other possible farm out's could be struck with large mining companies whilst Alba continue to acquire potentially valuable assets. Those are my thoughts or more to the point best guesses. It would be interesting to see the breakdown in expected costs for Bluejay's Dundas Project. Bluejay claim to have first mover advantage on the Greenland ilimenite but being first doesn't always win the race and they are sure to incur unnecessary costs as a result

Nicked this from the Bluejay Board: https://www.standard.co.uk/business/market-minnow-bluejay-mining-backed-by-ian-hannam-is-one-to-watch-on-aim-a3793561.html Market Minnow !

Dropzone Alba hold no assets at Lidsey (Angus Operator) where Angus have seen their share price murdered due to possible pump issue or hole in pipe issues. Alba hold no assets at Broadford Bridge where UKOG seem to be making a mess of things as well as other assets UKOG hold. No reason Alba share price should be affected by Angus or UKOG unless any price rises or drops are due to Horse Hill or Brockham. But thanks for the update on 'the other two', what about the other companies who have assets in the Weald Basin ? Prim still has a 5% interest in HH are they up or down ?

Some info provided by Angus board: Nutech reports 282 million barrels of Oil in Place per square mile for Brockham-1 well in the UK�s Weald Basin: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/other/12963863.html

Shifting away from the Brockham OIP (I don't see Brockham Oil as Alba's best asset) as Brockham was more of a throw in when obtaining HH asset from Angus. The ilmenite looks to be the asset that should deliver value with Bluejay (Mcap of �208m !)showing increasing interest and investment. HH could also be a game changer with very good flow testing under the belt: http://www.ukogplc.com/page.php?pID=103 and impressive OIP at HH: http://www.ukogplc.com/page.php?pID=104 The Welsh Gold is very encouraging with Alba UP mapping the existing mines using previously unused techniques to find the best Gold. Other Greenland assets are exciting but for me it's the ilmenite and the close proximity of Bluejay. Taken from the Bluejay board: IC describes Bluejay as 'one of the hottest shares' on the London market. Alba just have to follow Bluejay

Sorry meant for Angus board. They have some very clued up posters on that board but I expect to get either shot down for asking the question or shot down for even considering asking the question...

An interesting question was raised on the Alba board about where to find OIP Info for Brockham. UKOG are very keen to state OIP at HH for obvious reasons with lots of references to vast OIP: http://www.ukogplc.com/page.php?pID=104 Angus on the other hand seem to have no reference to OIP ?? Can anyone shed any light on this? It does seem something that Angus should be excited about or at least showing info about on their website and no mention of OIP in January Presentation? Surely an OIL exploration and production company should be shouting about the OIP at each of their wells? I found this info about OIP at Brockham and it was on the UKOG website: http://www.ukogplc.com/images/assets/UKOG%20OIP%20Reserves%20Resources%20Summary.pdf I know all investors are hoping Angus can repeat the Oil Flows at HH but not having OIP plastered all over the website and in presentations does not fill me with confidence. Anyone have any thoughts on this observation?

OIP at Brockham is a good question. I found this reference to OIP at Brockham on the UKOG website: http://www.ukogplc.com/images/assets/UKOG%20OIP%20Reserves%20Resources%20Summary.pdf Angus seem to be keen to relate to the proximity of HH and the fact that Angus drilled it and it flowed very well. They also have pointed out that Brockham Kim is bigger and could be better..... We will find out soon enough...It would be interesting to know what Alba's new Oil expert thinks

Thanks for the link. Very interesting and as you say worth a read. Very interesting to see how modern UG Mapping techniques now being implemented by Alba could unlock the secret to where the best Gold deposits can be found. This project looks to be perfect for the forward thinking team at Alba...fingers crossed they discover a Big Strike

Inglefield could be very interesting. This recent licence addition is stated as holding Cobalt. Cobalt is in high demand due to the Electric Car market. https://www.bloomberg.com/news/articles/2018-03-13/vw-secures-25-billion-battery-supplies-in-electric-car-surge Worth noting that Cobalt supply is a concern.. Recent Alba presentation points out that Inglefield 'Includes critical resources in the battery metals sector' http://www.albamineralresources.com/ul/2018%20Alba%20Presentation.pdf Prove up the Cobalt and Alba could fly

Alba have surprised me in how quickly they have acted at Clogau. Within just a few months of obtaining the licence they have set about finding the Gold. Impressive UG scanning, these guys don't mess around. Update worth another look and You Tube video suggests Alba will find the best Gold deposits this year. http://www.albamineralresources.com/ul/20180308%20RNS%20Clogau%20Update%20FINAL.pdf

I watch this share on https://hotcopper.com.au/asx/dor/ Doose and Wanderlust chat on there

I have to say Alba seem to leave little to question.. I for one am very happy with the way GF runs this company. Alba seem are in prime positions on several projects and the recent work on the Welsh Gold is impressive. Exciting times ahead

Interesting RNS... Good to have an Oil and Gas expert on board.

Dropzone..Pretty sure you're confusing Phillipeans with Korea Q are you a Sky Diver ? I've hung around dropzones in Spain and Arizona

I went to Paradise Cove in the Philipeans today, Warm shallow water, golden sand, coral reef with tropical fish and only 2 people there..oh and plus 30 degrees :-) I'm prstty sure Dropzone would have found some negatives if he'd been there !

Slightly surprised that Alba didn't snap up the Prim stake in HH but I suspect GF was outbid by Solo. The recent Alba RNS was perfectly timed to remind the market and potential investors how undervalued Alba is just on its HH stake alone !!!

Alba adds two new projects in as many months? The Oil projects are surely just a wait and see how Angus and UKOG get on? Nothing Alba can do but keep everything crossed. The ilmenite has to be the focus..Bluejay are showing Alba how to create an Mcap of plus £220m before production from the same region using the same techniques and mineral resources. The Gold may be good along with the Graphite etc but short term its gotta be the ilmenite ?! If Bluejay had to set up simple and cheap route to market proof of concept Alba just need to copy them. It doesn't get any easier than that.. Alba Mcap approx £10m Bluejay Mcap £220m X 20 plus ?!? And rising

Does anyone know how Bluejay got their ilmenite to the deep water port ? To me it looks like Bluejay had to transport their ilmenite to the Port for loading and i'd be interested to know how they did it.. Anyone know ??

Alba Minerals would be a better fit as they already have interests in Brockham and HH