Member Info for elir71

ist it filmed today and released tomorrow ?

didn't expect any questions from me ?
ha, then you certainly don't have my measure.
Unlike you and others who clearly don't agree with me, I don't hide behind any anonymity

Should never invest more than you're prepared to lose.

What questions did you expect from me?

I've stated in the past that some operational issues such as spoil, lorry movements restrictions may define constraints of the project and have implications for the wider Dgb.

@ocelot, I'd agree with GL undrr valued, but sentiment has been paralysed since concentrategate

In all fairness, Utah's issues are outside QFIs control. I'm hoping for some clarity from pqe and Tom soon

I'd say the questions are of general interest to anyone invested.. and represent my most pressing concerns.

If you're OK with waiting 9 months for the analysis of bulk samples you're certainly invested in the right share.

Not a select commitee

Actually, that's exactly what responsible shareholders do, Bods are accountable to shareholders.

@shoulvsold... Tell me which questions you consider unworthy of answer

@bluehorshoe where did 8% come from.
Jorc value of two main Greenland assets divided by the sum of the above and the cash needed to bring them to self sustaining production

Based on bluejay 2018 to present
Amistoq a bit of a guesstimate

If the ipo goes through primary bid, I don't think you can buy into isa account, so you'd have to bed and isa if you're close to capital gains limit

@nookie, if they 5 bagged following a sale of ALBAs holding, and if the proceeds got loaned to HH, there might be some controversy, but would GF care if he saw his future as listco?

SP is at a level that pretty much discounts the value of Greenland now

The questions not selected for answering will be rather telling in themselves

@newlunar : Ive noticed that the format tends to be that he remains in control of the conduct of the interview, no unprepared answers to awkward questions from outraged shareholders ...

anyway, here are the questions I submitted, sorry about the grammar, they were rather hurriedly typed.

david elir evans
18:04 (30 minutes ago)
to kperez

In your RNS of 22 Aug 2020
"This work is directly aimed at identifying unexploited gold zones and known payshoot extensions within the Mine which will support a decision to reopen the Mine for long-term commercial production."
Since then 9 months have elapsed and in the meantime GF has stated that the bulk samples are "not our focus".
Could you explain why the change in emphasis ?
Would you not acknowledge that the delay in this has been the most significant restraint on the SP and is the a primary cause of the undervaluation of the company as a whole as it stands.
Moving forward would you be willing to commit to self imposed deadlines for reporting progress and publishing of rolling budgets for exploration and development activities at Clogau, Gwynfynydd and the wide DGB?

Estimated budgets for exploration at
TBS, Amisstoq area

confirm ALBA will incur these expenses

confirm basis of valuation of TBS and Graphite projects will be on as JORCd resources

Does newlistco intend to raise all necessary finance through to self sustaining development at TBS and Amistoq, What is estimate of all necessary capex post this exploration season of bringing TBS and Amistoq to production (broken down per project)

Will newlistco respect existing shareholders preemption rights ?

Discuss relative merits for existing Alba shareholders of holding newlisto shares directly as opposed to indirectly through Alba

What are the expected timescales of Horse Hill production ?
What bopd is expected and by when ?
Will you be lending HH any more ALBA funds ?
How are the terms of repayment from HH defined , if at all ?

Why have exploration phases at Clogau not been done concurrently as the results of one do not appear to affect the actions of subsequent exploration ?
Have you taken bulk samples from the Jack Williams area ? You are aware of the contents of the 1976 memoir with respect to that, especially whats below existing workings.

Are there any problems with gaining ground surface access rights for exploration of Gwynfynydd ?

Given the spin off ? is there any need for continuing to engage Henson and Brunner in ALBA

Can you see any potential conflicts of interest between newlistco and ALBA, how would you manage that

what s the email ive only minutes to send

@Shouldvsold I guessed 8%, if the entire funding for through to production was raised at the outset. In any case, investors should look to about 8% . If only partial funding raised for development for production at IPO time then take into account that the funds will have to be raised at some point to pay for development, so dont start blubbing when the placings come.

Opinion Sell some Alba, Buy some newlistco

@skintbuilder.whats the chances of you getting discounted shares? Are you a wealthy client of Henson?

This said, if you were a shareholder in newco then unless rights of preemption are suspended, then you'd be offered placings at the same discounted rates as the favoured few.

Unless rights of preemption are suspended

@Yanis
I will answer your points in the fullness of time

Wrt Bergen, how did you vote at the time for non preemptive placings?

@ocelot Brunner and Henson are redundant in alba, please tell me there's no golden handshakes

@Anglesey... Totally concur with your numbers.

So Craig... Explain to me why exposure to Greenland through indirect ownership via Alba is more beneficial than directly owning newco shares bought through the disposal of a portion of alba shares?