Member Info for krull

Scully, You never Know with the games the MM get upto, they get up to all sorts of tricks trying disguise what's going on.
Saying that and going by the price, It looks very much like a buy.

Ukog could start buying/nibbling away at Alba shares, that would give them a % of HH, and a cheap way of doing it too. Very opportunist if they are using the funds recently raised for that purpose.

Wrong link, try this one.

https://www.thebalance.com/why-per-share-price-is-not-important-3140791

https://www.reddit.com/r/CryptoCurrency/comments/7r1lv4/a_common_misconception_about_market_cap_and_value/

Weald oilers Retweeted

The fool on the hill
‏

@Adrianwfire
4h4 hours ago
More
#ukog #Horsehill heat haze coming heater stack today. And the pump is still pumping at continuous steady rate.

Lots of 500,000 buys, wonder if a bot is buying. Someone with deep pockets anyhow.

Yeah, Greenland natural resources will do

Yes I saw that, Maybe It's something in their name, Alba's share price needs to Align with Bluejay & Ukog.

It will be very interesting reading the ilmenite resources report from TBS when It's finished, if It's good, we could have one hell of a rerate.

Would be nice to do a farm in with Rio Tinto.

Thanks Scully

Zak Mir
@ZaksTradersCafe
·
3h
RT AlignResearch "Looking for Alba Minerals #ALBA to push into new YTD highs post 0.44/45 today. Sets up a run towards 0.70p technically."

Degsy, is there a link to Zak Mir opinion on Alba Market cap out sink with Ukog

There's a good chance the mad rush to buy could be Monday morning without an RNS, Storage capacity on site must be getting close to capacity by now. The new higher capacity pump has been running 24/7 for 4 days now. Could see the first tanker over the weekend.

We are pleased to announce Oil output from Zone 1 exceeding expectation

would be nice LOL

Good find 25wbh, Rio Tinto can buy our TBS for half Bluejays market cap if they fancy a bargain.

Scully, I've not really thought about a time price target, for me It's more about what oil flow rates are reported from the first test zone, then wing it from there. I'm hoping/thinking about 0.85 after a flow rate of about 350 bopd confirmed from the first zone. That could be in about 3 weeks time. But who knows. once peeps start crunching the numbers and work out what profits go where. Value will come to the fore. Alba will look the cheapest, and should go up bigger % terms than Ukog. To be honest, I'm looking at top slicing from about 1.5p but not putting a time scale on it.

comparing projects in Greenland. (auto spell checker at play)

yes (400%) that's about right Scully, if you are comparing Alba's market cap of 11million and holding 18.1% of HH, against Ukog's market cap of 118million and about 31% of HH, (had too many beers to get the % precise)

But that's nothing if you look at Bluejay's market cap v Alba, if complaining projects in Greenland. Something to look at more closely after HH is out of the limelight.

Think more like 300%, we need to 3x plus the share price to get on level terms with Ukog if you compare % of HH holding. Degsy has been trying to get the message across, so far all to no avail.

Scully, I've been thinking that for ages but not said it, CofE commented on it a while back sayin Alba has a (crap) name like a Skoda. The name Alba is associated with cheap TV's, headphones, and stereos. We need a new modern Racy/sexy name. maybe then we would have a share price on parity with Ukog

Just over 2/3 of what Bluejay have, a continuation of the same beach, and from the same source rock

Don't disagree with that Mr Magoo, they deserved the win.

Back to Alba. The pump has been steady pumping away for 35 hours now, I'm going to make an assumption, we are pumping oil out of the ground. But how much?