Member Info for elir71

What i also got from the webinar was what would not be covered by grant ... the corporate overheads. From Sarah, of ALBA at AGM she stated that it costs £500k a year just to be a plc. I'm not entirely sure what that covers, however further investigation suggests a budget of about £200k a year for ongoing annual listing and associated costs. That's what I would expect as a placing, or exercise of warrants, so insignificant dilution.

The key points I took from the webinar are

1. Stefan seemed confident of getting more funding from the same source at better interest rates when he has the plant to secure it on

2. with respect to the above, he seemed confident of being able to get further funding from the same non dilutive source to fund the majority of pre construction work, thus minimising the need for placings and dilution of existing shareholder value

3. He is considering a listing on the TSX (Toronto, Canada), this may garner more investor interest and shareprice traction

4. Stefan seems unconcerned that a US "advance" on Greenland would cause the exploitation licence to be rescinded

5. He is considering commissioning a broker research note to add some credibility to the fundamental valuation of the share

6. He is considering the best option for TBS, perhaps disposing of it to 80Mile , who have the neighbouring Dundas project

Are they accepting buy limit orders greater than 30,000 shares ?

There's a limit order to sell about 1.3m shares at 3.4p and also two limit orders of similarish size totalling 1.4m to buy at 3.3p

This is keeping the SP in irons this morning. The sell limit order has been lurking for a couple of days. If each player moves a bit then they'll pretty much fill each other and take out one market maker quoting 3.4p. If that occurs then I think we';; see some movement

My neighbour's shed is vital for my lawnmowers security. Nothing other than having my lawnmower's shed is acceptable

Drew Horn that was

Perhaps you meant the fox news spot Horn, who leads a US organisation hoping to invest in a US taken over Greenland, with some clips of Trump. If any of you think that a US takeover is of benefit to you, then I suggest you watch the article, it would probably change your mind.

Then we'd be better off buying french

Talking to US investors, yes.

Talking to the US about having more bases in Greenland (bear in mind they mothballed the majority of them of their own accord), yes

Talk of "taking it the hard way", is unacceptable, would probably result in the end of NATO as we know it, .... perhaps the expulsion of US from NATO , and NATO becoming , de facto, a European and Canadian millitary entity. The consequences of this, would be the need for a significant rearmnament, particularly nuclear on the part of UK and France with indepemdemt nuclear capabilities.

@dg222 ... youre referring to an offtake agreement negotiation. With respect to groc, the down stream processing plant is also a parallel project and there's a mou with morrow batteries.

@scotalba Motzfeldt was a good acquisition for Elemental nee Stallion, and as Stallion, George arranged for funding for much valuable research by Dr Curtis Rooks, who is now Alba's chief geologist. Notwithstanding the quality of the prospect. I do still feel that ALBA spread themselves too thinly, especially having lost the Horse Hill income stream.

George strikes me as a man who is very careful with his words and often reluctant to commit to self imposed and self declared timescales (understandably when dealing with NRW). Nevertheless , on this occasion, George has recently stated that he expects development of Motzfeldt to commence in 12 to 18 months, which I think is a very positive indication of his confidence in the project as he is not a man to make wild exagerations

It would be Europe's strategic advantage if Amistoq supplied GROC's processing plant and then Morrow Batteries and then the European EV manufacturers. The supply lines are balanced for that capacity.

Still there but theres a buy limit order for about that giving some firm support. Reckon it will be sideways today

That 1,300,000 isnt reported as filled yet,vworth watching closing

auction

There's someone looking to flog 1,300,000 at the moment, we'll see how fast they get churned. I think they're looking for 3.4p or so

You think shareholders dont care where funding comes from?

You're thinking likeba punter at the races, not a business owner

The sp has been suppressed by the hitherto unknown motives of exercising those warrants, then selling the ensuing shares being sold at little premium to the exercise price whilst taking considerable care to maintain the anonymity of the warrant exerciser, by keeping the size of the holding below 3%, the tr1 threshold.

Tin hat theory .... warrant holder looking at a bigger game, deliberately suppressing sp in order to make an imminent aquisition seem more palletable.

@realwelshboy if the quoted prices fall after a x5.5 ems buy, then thetes hefty sell limit orders in the system

I applaud Georges announcement of beginning development work at Motzfeldt within 12 to 18 months. He is not k own for making rash predictions. Unusually he forecasts a timescale. Has he a tentative finance deal ?

... one biggish sell, inevitable with a thinnly traded share that it would have an effect