Member Info for HereKittyKitty

OK so this was the waste pit in April & already out of the ground! It’s 7 months later & still nothing from even this …

https://www.lse.co.uk/rns/ALBA/clogau-update-pitting-of-waste-rock-dump-commences-hvzds5eiz1gz02q.html

He’s a lawyer by trade & no real proven mining success

https://uk.linkedin.com/in/george-frangeskides

Feels like Alba was a vehicle to get paid & use warrants & as that ran out they’ve raised cash spinning off GROC

I believe this is gold there but it’s going to take a proven mining company with resources & capital to get it out

Alba has never delivered any revenue
https://www.lse.co.uk/share-fundamentals.asp?shareprice=ALBA&share=Alba-Mineral-Resources

I mean their homepage has a digger you can rent £160 a week digging a field - not exactly mining
https://www.albamineralresources.com/

Corporate presentation has nothing on revenue
https://www.albamineralresources.com/wp-content/uploads/2020/12/20210209-ALBA-presentation-UK-Ireland-FINAL.pdf

Nothing of substance in annual report
https://www.albamineralresources.com/wp-content/uploads/2021/05/2020-Alba-accounts-working-FINAL.pdf

Yep they’ve got their £50 CFDs open hoping to make £10

Good luck with your CFD

Well do it then - pull back - no need to tell the world
I keep adding but don’t post every trade

Forecast £100m
Potential impact £3m
3%
BUT
The others will get approved
And they are all ok outside U.K.

Addressing the bats issue will also be very costly if at all even possible

https://www.bats.org.uk/advice/bats-and-the-law

If you go back a couple of years ; Clogau was only economically viable as 1) gold prices have gone up & 2) the mine was already dug.

Over 2 years ago they were identifying new “ Potential extensions”

https://www.lse.co.uk/rns/ALBA/clogau-update-and-change-of-adviser-broker-2d9ae44gyr6fm0w.html

As we know they’ve made no progress from all the sample drilling as it is too costly for a small firm to dig to a new area in the deep rock without leveraging existing lodes.

George stated over & over the de watering of the existing mine which is completely flooded was the only way to make the cost of getting at the gold economically viable.

If they can’t get the water out this will be a) too costly to do to return any significant profit & b) well we’ve seen what progress has been made on getting gold out over the last 2 years incl nothing from the waste tip.

Ultimately Alba don’t have the resources like big miners to get at the new lodes without using the existing mine.

I have no doubt there is gold there but I have every doubt they will get any out in the next 2 years & will have funding issues if GROC continues to do nothing of significance.

I don’t know if any cloud company in this sector going into Chapter 11 - I’ve been in this business 35 years & worked in US tech most of my life. Name them as it’s not true! I can happily name you 20 security companies that grew into massive successes if you like!

Opened a little CFD short more like

Them there bats have gold teeth

Last placing was 750 @ 3x IPO - another good data point

He/She said

dubious
Today 16:13
Posts: 224
Price: 691.50
Sell

So I agreed - Sell & move on :O)

Is where Summit DT Equity Holdings 3 LP jumped in to 19.27% holdings in Aug

& also where KKR Dark Aggregator L.P., Summit DT CLN Holdings 4 did their placing in Aug

550 was the low on ML news before the bounce back to 620s

Since Annual & Quarterly results have been raised & beat targets with forecast upgraded

Every II in at 250 is going to know 1000/1250 will return so they will wait for 4x/5x + returns

Just something to consider ;o)

OK Sell up & move on :o)

I hear he plays with a chap from Peel Hunt lol

Honestly half of it is junk

https://www.fool.co.uk/author/jonathansmith1/

Keep searching & he wrote a month earlier ….

Wednesday, 1st September, 2021

Could the Tesla share price hit $1,000 by the end of this year?

“ Jonathan Smith is an experienced private investor from London. He specializes in macroeconomics with his articles often incorporating the state of the economy into specific stock recommendations. In his spare time he's an avid tennis player.”

Check his other articles …….

Wednesday, 27th October, 2021
Unpopular opinion alert! I think Tesla shares are overvalued at $1,000

$1.154.20 today up 15% not listening to him

Just keep adding in dips as this Phoenix will fly high
U.K. stock market shenanigans
FTSE100 stocks shouldn’t do this on no real news
Lockup ending buy the IIs are sitting on a good multiplier