Member Info for Jeremiah99

I agree, AIM seems to be a gravy train for BoDs and their cronies, and a complete minefield for private investors. Most AIM companies eventually fail (at least mine have) so no wonder it is more profitable to go short. I've lost a good chunk of my savings over the last 15 years not to mention the wasted hours reading and posting in these BBs. My last hope (and maybe Alba's too) is Groc, it seems to be more competently and honestly run than most other AIM companies, it has good assets currently in great demand in a mining friendly jurisdiction. If that also goes down the pan then I'll hold my hands up and admit I must be the Jonah on board. :-) To prospective new investors, don't risk a big proportion of your cash on AIM as you can expect to lose out most of the time, IMO.

Yes the jurisdiction seems to matter a lot when it comes to permitting. I don't think there will be as much Nimbyism in Greenland as in mainland Europe. I'm reminded of the environmental study we did up at Thule Black Sands. When the locals up there were asked about whether the walruses may be affected by nearby mining operations, they said there used to be walruses in the area but we ate them all! :-)

Has the US been pointedly omitted from that list? :-)

I wasn't signed up in time to pose any questions for the webinar but I would have been interested to know if they might seek offtake funding to scope out the rest of the Amitsoq graphite district, perhaps from US companies ready to take concentrate? What we have at the moment is certainly good quality but not particularly large, so scoping out the rest of the area ought to be of great interest to potential end users. Also is there any urgency for the West to secure titanium assets and therefore would anyone be interested in doing a deal on our Thule Black Sands deposit?

It would be interesting to know the exact reasons for AA pulling out. Does the very modest compensation suggest our BoD may have been somewhat at fault somewhere along the line, or have the constant court cases and change of strategy following their expected merger with Teck dissuaded them from pursuing copper in Zambia? If they do merge with Teck they will have half a dozen other copper projects to be getting on with.

Yes that's a kick in the nads for sure... I guess the s/p will flounder until someone else wants to try to take on the incessant legal challenges. The Zambian people are as much the losers as we are.

Piggy is just the naked streaker on the pitch trying to disrupt the game but doesn't realise that the cameras just pan away so we don't get to see those tired saggy boobs.

I'm surprised a stoney broke minnow like Alba got hold of this license area. It will take a far more deep pocketed outfit to even scope out the area let alone embark on the fiendishly complex task of processing any RE ore into final product. From start to finish the future European RE supply chain will take years and lots of money thrown at it. Alba's best hope is for the RE hype to continue until someone comes along with a juicy buy out or buy in offer. George seems to take a scattergun approach to seeking out projects. OK most seem to fall by the wayside but you only need one or two to reach the finishing line to be quids in.

The AI era will demand more processing capacity, more storage and therefore more copper over coming years. An interesting fact I heard the other day was that if we all deleted our old emails we could free up storage and save up to 6% of associated power costs.

Aah, they acknowledge our existence. That's got to be worth a penny on the s/p! ;-)

That's a ridiculous amount. Where is the support for fledgling companies? Add in the exorbitant salaries that directors seem to think they are worth and it's no wonder that most new companies go to the wall, and why it is more profitable to short these stocks.

I wonder if AA's corporate strategy has changed much if it doesn't appear to be a takeover target any more? They had been re shuffling and divesting non core assets to focus on copper and (I think) iron ore too. Has there been less urgency to prove up more copper in Zambia now that focus may have shifted somewhat?

Why the torture? We don't have any gold in meaningful amounts...:-(

Pump it back up to 5p and I'll buy you a beer or three ;-)

26,000+ unremittingly positive posts in the face of an s/p slide from .55p to a low of 0.01p might at least suggest that as a ramper he's been a big fat fail.

Timelines seem to have slipped a couple of years so some have lost patience. Having said that, if we can get to processed spherical graphite production without too much dilution, we could eventually be sat at 50p + IMO. So between here and there the s/p ought to rerate incrementally as each milestone is (hopefully) passed.

I prefer Groc and it's graphite in hand rather than the bird in the bush of possible rare earth minerals yet to be discovered. Even if Alba did discover rare earths, they are famously complex and expensive to extract and process into the usable end product, but I suppose that will be someone else's problem as the assets will no doubt get bought out should they be found in viable commercial quantities. It's a pity that Clogau seems to be struggling to get off the ground given all the positive hype George surrounded it with at inception. It looked like it could be a nice little earner. Let's see if Groc will get positive funding news to give things a lift.

Yeah Parker makes Alba look like genuine lifestyle company fo sho.

Do we intend to produce any lithium?

Without the prospect of an imminent s/p boost for our 25% share of Groc, we'd be swirling around the pan by now. IMO