Member Info for KuroMaou

Another RNS that will do nothing to the SP....but back to testing be nice to focus on one part of the asset rather then look into what else it has to offer. so probably next RNS is for a share issue to raise funds.

https://twitter.com/Adrianwfire/status/1227963758150070272

Some big gear heading into HH

So whats the next bit of news we get....
Update on assets or share issue?

Back down we go I think...typical.

I concur Craig, it just seems odd that alba is going up on no news... not typical of it.
Unless GF going to release an RNS as he done a couple years ago and say he does not see why the SP is moving...and kills our rise. But yes I've grown sceptical over the years. Hopefully i'm wrong

Bid up to .13 hmmm hows level II looking?

Be nice to get some bigger buys...but shows what could happen considering it really jumps on little volume.
So here hoping its not a superficial rise. GLA

Surprised alba are not doing anything to mitigate this unjust decrease in SP....scratch that not surprised. Don't think they care about PIs.

It could also be a mix of the shares in issue that need to get absorbed or any remaining shares from the previous owners trying to offload their shares...maybe they have financial commitments leading them to sell cheap. But yeah worst case could be someone trying to enable mates rates.
I'm currently sitting on a fat negative with alba...very demoralising when we know they have some cracking assets but the BOD are just useless at marketing alba for what its truly worth. Simply put GF is useless.

Same boat as you MrMagoo....starting to think I might just take the hit on my loses and just forget about Alba. They been so quiet forgot they actually existed!

yeah I was somewhat hoping for an update, as people on UKOG twitter seem to be spouting ALBA should lose their full share. Which didn't make sense to me considering how small the previous cash call affected our percentage. But yeah guess we can only speculate till we get some solid information.

Ahh thanks Nookie so as I figured it'll affect our position in HH by peanuts. GLA

Anyone kind enough to work the maths on how that will affect ALBAs % stake in HH, as its too early in the morning for me to figure it out. haha Thanks in advance!!

ALBA does not have a high cash burn and this is their way of focusing on their gold/TBS/mining projects, with out further share issues. If the last cash call for HH were to continue, the effect on our share of HH would be minimal at less than .1% so I don't see it affecting our position by much. If anything its a good sign they aren't issuing more shares to keep up the cash calls.

Usual cabbage I would assume. Coasting slowly to either 0p or .....maybe sky high? lol

Its all good, glad to know the majority of us are on the same wavelength....just need to get a real representation of value in SP. Come on Georgie boy pull something out of the hat!

I agree with you Chrome...I believe if my memory serves me well from the interview GF had on the 28th, he stated the revenue from HH is being re-invested into the site for the current works...so we wont see any substantial revenue till we get production at the end of the year with the new well.

Yeah, well I just don't like how the trades have been relatively small 50-200 quid and the SP drops a tonne. Then when you get some big ish buys it doesn't budge. ALBA loves to test my patience....it just will hopefully pay off. GLA

Maybe a surprise placing on the way =_='.

Yup I'm also down 60% sitting and waiting I guess.....find a nugget of gold!!

Woops forgot to say look at page 7 of the link I sent.