Member Info for Insertwittyname

Main move will relate to something about selling DSO, rather than increasing the quant in the ground. Any mention of starting on the haul road access, or agreed terms for DSO sale/finance for the road. However, also needs the mining license approved.

Lots of little bits of info to come, all moving towards getting a positive cash flow.

Basically, when new investors can seen a timeframe for cash flow, they will come in. It maybe that big money moves only happen once the first confirmed lorry has dropped its DSO at the port.

Further more, geotechnical drilling is usually a different process to mineral sampling so can’t always double up information on locations.

Could have been to support the scoping study - confirm some geotech data for stability, log any faulting, assess for water stiles etc. all these aspects would be fed into the mining options programme with costs associated in order to spit out a computer generated, non-bias mining strategy.

you feeling a bit better now Bishop?

Someone posted the Fenix company update which showed their timeline in 2020 with about 6month from application to approval.

Anyone know why it’s all quoted in US$?

Different thought….if since the dewatering was application was refused the team visited the flooded section every day (or several times a day) and purposely filled their wellies up and emptied back at the yard, would we be closer to a dry mine by now?

Even for a month of nothing, I would be happy for a TIR style 100% day…..

Does this mean we now have to wait 4wks until any more substantial news can be expected for release?

Director dealings have to be during quiet periods to avoid insider trading issues.

https://www.albamineralresources.com/wp-content/uploads/2022/05/2021-Alba-final-Financial-statements-FINAL-for-web.pdf
Pg 10 - substantial share holders list appeared to banks/trading accounts do represent The sum of PI accounts rather than fund holdings etc.

Have you played this game before? Leave hope & expectation at the door before you take a seat next to the MMS!

Only dampener s that negotiations are *still* ongoing with NRW for the dewatering and further data collection/submission may be needed.

So it’s language that you condone, even though it should have stayed in 1970s playgrounds and really didn’t need to be written here? The poster even considered their choice of word and went with a spelling to bypass censorship. Absolutely no need for it, and I will continue to report such behaviour to make these BBs somewhat more palatable (fortunately not something that I’ve needed to do very often).

Apologise all you want, but please se of a ****** slur is unacceptable. I have reported your previous post for this reason.

Let’s not get too carried away Mmix…..£1 would be a £6bil MCap!! Let’s start crawling towards 1p, and take it from there :)

My two pence…. Initial excitement at license being approved, followed by acceptance that there it’s no timeline to proceed, or proof of what the extraction rates will be.

Hopefully we can get 3 months pumping done this year and the ALBA year end results will show an income from HH holding.

Should be news heavy if ALBA are sticking to the schedule of works in the Feb presentation.
- excavation planning for the waste pit
- council applications for the waste pit processing
- dewatering (if NRW do a days work between them to clear paperwork)
- drone survey results

Going forwards, the plan seems to be commercial excavation of the waste tips in Q3 with processing in Q4.

Just leave this here, you know if case people can’t read for themselves…….
“ The average tailings grade significantly exceeds expectations returning a grade that is double that anticipated. Tailings grades are indicative of another easily accessible and mineable asset that can further contribute to early-stage cash flow”

Elizabeth joined in Dec 2020 and Sarah some time after (can’t find the RNS). The are part of the BoD rather than put in the field. There are a couple of grad geologists, but this info came from the local newspaper article.

pg 31 - strategy to get the waste dump bring in an income by year end....