Member Info for elir71

I'm with you on this.

I remember a couple of years ago before an AGM then investors on some platforms were effectively silenced by their nominees. I would take it further, and that all corporate action powers that a shareholder in his or her own name enjoys should not be stymied in any way by nominees. One such important one is the right of shareholders to table resolutions at AGMs (as long at they have 5% of the shareholders supporting that). Rights to call extraordinary shareholders meetings is another.

It is totally wrong for investors to be robbed of these rights by nominees. It is not a massive administrative burden, with computerisation. As an aside, it is the reason I own a tiny amount of ALBA shares directly, so that I have an indisputable right to attend AGMs.

As I have said before

Shareholder is as Racehorse owner

and not

Shareholder is as punter

After consultation period ends then the next milestone is the granting or denial. Last time, from vague memory it was about 3 weeks. Bear in mind that this time, then there are more permits being applied for, however abstraction and discharge permits are the most important as they enable the dewatering of llechfraith shaft.

Mobilisation shouldn't take too long, as the siltbusters are on site. Submersible pipes, generators etc are readily obtainable I.e within 24 hrs. It should take 2 to 3 weeks to empty the shift then over a period of weeks as a stable flower is established the abstraction rate can drop.

I would expect a period of inspection and then of making a safe means of access and establushment of services .

@Barking crazy re Granny's lovey Jam

I can see where you are coming from, however, I would say that Quadrise wouldnt be selling the fuel per se, but the right to use their IP to produce the fuel. However for anyone to be interested in investing in an MSAR making capacity, then they would need to be assured that there is a customer demand for it.

I've mercifully been out of here for a while but keep monitoring for a reentry. As time has dragged on since the Maersk trial, (which would have been the time for market penetration) then other competing ideas, not necessarily as good have made more progress. There are two ships that I have served on trialling hydrogen.

VHS beat Betamax out of the market, but Betamax was a far better product. I'd need to see that MSAR isnt another Betamax, before rebuying into this share.

Is it reasonable to assume that the convertible loan provider believes this is as low as this will go for the foreseeable

@jimjam only due to the uncrossing trade

https://www.tradersmagazine.com/news/unlocking-uncrossing-nasdaq-stock-market-requiring-lockers-to-trade-5000-shares/

Both groc and alba have sps far lower than accepted models suggest, though groc's, from a geological point of view risk is far lower.

As I understand a recent broker note suggests 31p for groc, and my own calcs put alba at 0.7p ish

Naturally dyor

@Marlowcardo

I was unexpectedly unable to attend todays AGM.

In light of the SP aprreciation today, perhaps we should hold Daily General Meetings

Tree shake warning !

Quoted prices dropped, but action seems to be investor buys. M M games methinks

From an ALBA perspective, the amount and nature of funds that may be available from the CRMA IF the mine is indentfied as a strategic resource will determine to what extent ALBA's interest will be diluted. Nevertheless even at this early stage, the GROC holding provides a significant "safety net". Would love to see HH sold off and proceeds invested in GROC and progressing Wales

I wonder if the timescales are for the implementation of the EU's critical material fund ?

The main risk identified by Steffan is access to capital.

Apart from the sound quality, it was an excellent presentation

I'm reliably informed that the issue will now be heard on the 12th June now

Isnt there a live stream of it ?

Utah Division of Oil, Gas & Mining Briefing

https://m.youtube.com/watch?v=xiDbLAdtltQ

Utah Division of Oil, Gas & Mining Hearing

https://m.youtube.com/watch?v=xSMONy_4wFQ

(taken from Crownos post on TOM)

I believe some trials have already been carried out at Quadrise's research facility in UK using fuel made at Utah, after the POSP was run. Following the successful trial then Greenfield as was concluded that an on site test would not be necessary.

That could be because

1. sufficient results for the next stage were gathered

2. they have no intention to pursue an msar production facility.

Up to pallet sized Parts can be couriered 24 hrs to most places, including Morocco.

On another note 1700 utah time today, is the hearing for the drilling permits at tomcos utah site. A positive outcome could trigger a chain of events

@rob the broker research note suggests a valuation of 30p based on current situation. PEA should take about a year, that's when under normal circumstances, iis and jv partners would become imminently interested.

The next placing will probably now be at eye watering depths and will need now to be of a larger scale to keep the lights on until a revenue stream can be realised , sufficient to maintain overheads. I've been out of here for a few months, but am continuing to monitor the share for any sign of a reason to re-enter.

@Lee Friday's transactions show a couple of biggish buys but mainly small trades. I'm not expecting much action until the hra result is known, and then possibly a bit muted until dewatering , abstraction and discharge permits granted. If the hra passes, then I doubt there'll be a decline of the others, however there is a possibility of demanding more up to date water samples. Not that anything in the 'real' world has changed

Is the "sink" was greater than the spread it would amount to a trading opportunity!

GF has stated that they have submitted mitigation plans, however the detail of that has not been made public to shareholders, other than mention of some screen and utilising the shaft above the llechfraith entrances as a bat entrance.

I'd agree with you that a visitors centre is a good idea and that outline planning should have been sought so as to not waste time in the future