Member Info for FootieladBaz

just bought another 9 grand’s worth to add to the collection...keeping the faith!

LTH here...just a reminder of the RNS from 20 November.
4th December: Consideration by the FDA for a conditional approval of Lupuzor™, whilst the Phase 3 trial is underway.
ImmuPharma will provide an update as soon as Avion has met with the FDA and notified ImmuPharma of the outcome.
So we wait........

Great to see a series of block sales of clearout shares yesterday totalling 38,233,796 - perhaps warrant holders perhaps others but the key points for me are that the share price was unaffected; that buying and confidence more than held up and importantly, the sales right at the end of the day still enjoyed an upward price. Onwards and upwards Alba!

As a long term holder and someone v optimistic about the future, I thought it could be interesting to make a comparison to Scotsgold, who feature in a BBC news item today titled: The rollercoaster ride of Scotland's first gold mine. Scotsgold poured their first gold this month and they have recoverable gold thought to be in the region of £263m. Their market cap is £54.62m, so about 64% over ours. BUT THAT'S ALL THEY HAVE. We have estimated gold assets at £700m and probably much more with the new quartz veins being discovered. Then factor in Greenland and the other assets and wahay...we're sitting on...as they say...a goldmine. GLA and happy new year. Baz

Let's just assume the assay results; the arrival of the machinery from South Africa and any other news re Clogau or indeed our other resources...will not arrive unti January. Let's take a big breath...deal with whatever tier we're in (for me 3 from tomorrow) and IF any news comes before the New Year...then it's a bonus. Have a good Christmas to all...Baz

30 year licence granted by Greenland to Bluejay and to be signed today. Bodes well for us as neighbours,

yes all very interesting but note that UKOG is also responsible for 50% of the costs so expect lots more dilution before anything comes out of the ground.

Sympathy with your thoughts as a long term holder myself. It's not reasonable to suggest the BOD would not issue new shares without shareholder consultation. It just won't happen. What would be good though...is if new shares are issued BECAUSE of amazing news that needs financial support. eg. we can get 10,000 oz out of the ground and we are raising £1m to do it. Just saying. All the best.

This is great news and renders the £7m market cap completely inappropriate. One day...perhaps not too many months away...when this is a £500m company, we will say...do you remember when we were worth peanuts? GLA. Baz

Matt...the MMs or Market Makers are the brokers licensed to trade shares on behalf of Alba or whichever company. They co-ordinate the price relative to supply and demand. Many shareholders, me included, believe their actions are not exactly transparent.

different viewpoints are perfectly acceptable and as long as they are informed a few points!

Buzzby you're wrong...the two Directors spent £30k each on shares... they have skin in the game

Completely agree ST. I've been very quiet here lately for reasons I can't discuss but why shouldn't ALBA be 10x what it is now for all the reasons. Hold strong everyone and enjoy the ride!

Quite correct Dilemma but we shouldn't be too hard on the newbie investor who quoted 56p instead of 0.56p. A schoolboy error yes, but one that everyone learns from and we all start our investment journey at some time.

No. The Gwynfynydd mine is owned by Clogau Gold of Wales Ltd, the separate business which makes and sells Welsh gold jewellery as per Kingkongrider's last post.

My fellow investors. There was a time, even not so long ago when an RNS leading to dilution would affect the share price negatively, but things have changed. This and other future news releases speak of warrants that are already known about. Already explained in previous RNS where new shares were also issued at a large discount. This RNS, like future ones relates only to the already disclosed warrant section of previous news releases. Everyone knows about these. Everyone wants them out of the way. And so here they are..coming steady but surely to be exercised. And when they're gone...they'll be gone and the only news you'll see will be boom news and price monitoring. So for now, suck it up and let the warrant exercising RNS feeds flow. GLA and enjoy the ride...I'm looking at houses in Spain...Baz

...so quite a few more warrants to go at this price and then more after that at higher prices. All these should be priced into the share but you know what MMs are like!

RNS from 3rd August: Share warrants will also be issued to each subscriber in the Placing, with one warrant to be issued for every two shares subscribed for, for a total of 346,153,846 warrants.



The warrants will have an exercise price of 0.13p per share and an expiration date of 24 months from the date of issue. The warrants will also be subject to an accelerator provision, such that if at any time during the 24 month duration of the warrants the 10-day volume-weighted average price (VWAP) of Alba ordinary shares exceeds 0.26p per share, the Company may give warrant holders notice to exercise their warrants within 10 business days following the Company's notice and to pay the exercise price in full within 15 business days following the Company's notice, failing which the warrants will automatically expire.

Delighted these have been exercised. i was waiting for the left over 0.13 warrants to be got out of the way and here we are. Onwards!

Brilliant!! Alba Terminates Bergen Investment Facility

Alba Mineral Resources plc (AIM: ALBA) announces that it has terminated the convertible securities issuance deed (the "Agreement") with a U.S.-based institutional investment fund managed by Bergen Asset Management, LLC (the "Investor"), first announced on 24 February 2020, which provided funding in the form of the issuance by Alba of unsecured zero coupon convertible securities (the "Convertible Securities").

As such, Alba will be issuing no further Convertible Securities under the Agreement and the Investor will be providing no further funding and receiving no further Alba shares under the terminated investment facility.