Member Info for Jeremiah99

While you're at it, why don't you request a position on the board so you a can run things yourself?

3. Less grumbling on public bulletin boards....

We were never going to be miners IMO, just scout out and drill promising looking opportunities in friendly jurisdictions, then sell on. Clogau, because much of the infrastructure is in place and costs to add more are not huge, and because it's smallish and high grade and high margin, is something doable, worth retaining, and should return much more profit over time than simply proving it up and selling it on.
Nothing ever goes to plan and as I have mentioned several times before, if HH had delivered even half of what was promised we would already be in the pennies, then factor in a global pandemic to throw another spanner in the works. I think the BoD have done pretty well to keep things rolling along, hopefully the GL summer campaign and Newco spinoff will finally deliver the much delayed boost to s/h value.

Sincere commiserations on the evaporating £300k, dontpanick. I hope you succeed next time around with Alba.

A lot of the previous optimism rested on HH which was largely out of Alba's control and as we now know seems to have been based on hype. Thankfully Alba and it's BoD were smart enough to have more than one wheel on their wagon and those are still rolling along nicely. The planned GL spinoff puts Alba at a pivotal point in its history. I for one am willing to wait another 6 months to see how that pans out before joining the moaners.

I think you'll find that aside from those planning a fundraise very few directors pay much attention to the s/p and prefer to concentrate their efforts into moving the company forward. The s/p will then take care of itself..

sta60 the pina coladas are on you if we get taken out for 30p+ :-)

I think a successful GL drill campaign followed by a spinoff at a good price will boost the s/p several fold and add a cash lump sum to the coffers to get Clogau going. Doing it the other way round would take years, IMO, and in any case we are not arctic miners, the costs and logistics would be beyond us whereas we could handle a small, good grade, high margin, boutique mine in Wales that already has most of its infrastructure in place.

I would imagine the (small) BoD's time has been almost fully taken up with approaching institutions and corporate lawyers etc. prior to implementing the Greenland Newco float, as well as liaising with the GL govt and contractors to arrange the drilling campaign. Hopefully the diversion of their attention will bear plenty of fruit in months to come.

There must be few things more irritating to a BoD than a squealing short term trader who is out of pocket. Real long term investors of the kind which any fledgling company would love to attract, will sit patiently and just let the story pan out at its own pace.

Be even better if that graphite continues at depth beyond the reach of the drill! :-)

Be nice if all those rocky outcrops they're standing on top of contain 30% graphite :-)

@elir71 - I forgot about the vertical wells at HH though I presume those will depend on Ukog first being successful in Turkey to generate funds otherwise they may be in dire straits themselves.

RNS stating our exciting campaign to prove up world class assets in Greenland is kicking off on schedule = s/p drop
RNS stating we have had to pay to relinquish a minor non performing asset = s/p rise
???
My logical brain is obviously not cut out for AIM investing! :-)

I expect ZM will somehow continue to sell oil on the sly. Backhanders and black painted tankers at night etc...

Lol, cost us to get rid of our liability, like paying to have an old car or fridge taken away to the dump. Will our HH stake end up the same way?

Do we have a payroll and how many people are on it, doing the square root of naff all in the interests of shareholders? (same as it ever was)

I've got 5m with avg at around this current price but would happily buy more if I had spare cash. I'd sell at anything over 1p (or equivalent if we're issued shares in the Newco) hopefully sometime in the next year or so.

They'll be kicking themselves when the drill results come back showing up to $1bn worth of graphite at Amitsoq...;-)

Well I can't see many people will be interested in buying in when they see the constant moaning on here...