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Things are happening though, is HH finally coming to life? Hope so! Clogeau Trench work is in application, could get approval any day, So that's another one closer than before. Graphite-Pro analysis is due that's another one. There's the potential but at what price? Anyone's guess at the moment I'd like to think half of the broker note at 0.28 is achievable.
Here's the trench work application worth keeping an eye out the approval. https://planning.snowdonia-npa.gov.uk/swiftlg_snpa/apas/run/WPHAPPDETAIL.DisplayUrl?theApnID=NP5/65/364&theTabNo=3&backURL=%3Ca%20href=wphappcriteria.display?paSearchKey=501308%3ESearch%20Criteria%3C/a%3E%20%3E%20%3Ca%20href=%27wphappsearchres.displayResultsURL?ResultID=591813%26StartIndex=1%26SortOrder=APNID%26DispResultsAs=WPHAPPSEARCHRES%26BackURL=%3Ca%20href=wphappcriteria.display?paSearchKey=501308%3ESearch%20Criteria%3C/a%3E%27%3ESearch%20Results%3C/a%3E
https://www.dailypost.co.uk/news/north-wales-news/rare-welsh-gold-hunt-see-18270186
0.2 gives a MCAP of £8.1m seems low to me, this could really take off, I hope HH will start to produce decent numbers and Alba can run from that on no more raises then prove Amitsoq is LIB quality graphite and FO or sell it get those trenches over the gold anomalies and 1p £40m MCAP just for starters. I hope HH will be soon, part 1 of the puzzle.
Also waiting on Pro-graphite analysis on Amitsoq to see if Lithium-ion Battery grade graphite, and also waiting on the new kit at HH and Alba % of new flow rates. Three stringed bow one has to kick this SP North.
90% with option of the other 10% https://www.telegraph.co.uk/news/2020/05/24/gold-mining-company-lodge-planning-application-dig-snowdonia/
I bet we will hear once the approval is granted, I'd guess next week as that would be six weeks when it was submitted but who knows with the Welsh Council?
Keep checking for Rh P Decision Notice in the documents, we will know before an RNS.
https://planning.snowdonia-npa.gov.uk/swiftlg_snpa/apas/run/WPHAPPDETAIL.DisplayUrl?theApnID=NP5/65/364&theTabNo=3&backURL=%3Ca%20href=wphappcriteria.display?paSearchKey=501308%3ESearch%20Criteria%3C/a%3E%20%3E%20%3Ca%20href=%27wphappsearchres.displayResultsURL?ResultID=591813%26StartIndex=1%26SortOrder=APNID%26DispResultsAs=WPHAPPSEARCHRES%26BackURL=%3Ca%20href=wphappcriteria.display?paSearchKey=501308%3ESearch%20Criteria%3C/a%3E%27%3ESearch%20Results%3C/a%3E
https://www.dailypost.co.uk/news/north-wales-news/rare-welsh-gold-hunt-see-18270186
Dimensions of the Trenches
It is believed that the bedrock may be as little as 30cm below the soil cover. The trenches
planned would vary in depth from as little as 30cm to a maximum of 1 to 2m in depth,
depending on the depth of the bedrock, and are anticipated to be up to 1m in width. The
length of individual trenches would vary from approximately 40m to 90m as detailed in Table 1 with approximately 575m of trenching currently planned. If required, trenches will be
temporarily fenced off during excavation and will be backfilled after the required exploratory
work has been completed. Where trenches are in proximity to public footpaths, no
excavations will take place across the footpath and a safe working distance will be maintained.
Duration of the Works
If all planned trenches are completed in succession, it is anticipated that the project would
take approximately 6 weeks to complete. The actual timing of the project is however
dependant on weather conditions and potential ecological constraints such as bird nesting
and the breeding season, and it is likely that the trenching could span over a calendar year
and undertaken in phases. On average, it is anticipated that each trench would take 5 days to
excavate, map, sample and backfill.