Member Info for MisterPositive

Just 1250 bopd operation in Block XX would recover the recent $18.3m Placing in just 12 months. * Daqing Crude Oil price linked to Brent Crude less 10% discount. * Trucking costs to Chinese refineries approx. $5-$8 * Daqing Crude: (Brent - 10%) = $70/ barrel * using only $40/barrel profit margin. * Total annual profit: (1250*40*365 days) = $18.25m Best to sit tight and enjoy the show. Will be a good one.

for Alba when you compare % Holding interest in Horse Hill licence by Ukog and Alba. MCap could play catch up at Alba soon. Hence I see much bigger % increase for Alba from current low price Vs Ukog in relative terms. Ukog 400m share dilution today won't help either. Don't be surprised to see 0.50 breached here tomorrow or Wed. All the upside from Alba 'mining assets' thrown in for Free...

SM123, Best would be to meet Mike Buck in person after the presentation. Fair points dude. They raised $18m for 2 drills + covering other costs. So at least they are funded till end of 2019 including all G&A and licence renewal costs etc. the way I look at it. Yes, short term pain, but I am looking at the much bigger picture here that is forming. If all comes good, then we could be looking at £1.09 a share price next year and not the current 9p.

Just need volumes to kick in. Market sentiment & momentum on AIM can turn things around in double quick time. Using Ukog as proxy with almost 50% of company shares traded (c.2.5Billion traded) in just about 1 week after 1p Placing few days ago. Price jumped from 1p to 2.95p in a week. You would have thought price would have floated around 1p for a while, but due to sheer volume that overhang disappeared as fast as it came on. Any Placing overhang can only slowdown OR slightly delay the rise here. This will motor ahead sooner or later. No point selling now with price already at recent lows, unless you are forced seller (Loan / Margin trader), etc.

Degsy, Agree. Just using % holding interests in HHDL and relevant Horse Hill discovery licence, Alba seems to be undervalued by about 4x times. Comparative MCap for Alba (using Ukog £110m MCap as proxy) should be over £40m (1.4-1.5p) Vs current £10m. Massive +300% Upside here and that EXCLUDES all the upside from Alba's mineral asset base.......No brainer at this crazy low price.

Oil & Gas Horse Hill (Oil & Gas, UK): Alba holds an 18.1 per cent interest in Horse Hill Developments Limited, the company which has a 65 per cent participating interest and operatorship of the Horse Hill oil and gas project (licences PEDL 137 and PEDL 246) in the UK Weald Basin. Brockham (Oil & Gas, UK): Alba has a direct 5 per cent interest in Production Licence 235, which comprises the previously producing onshore Brockham Oil Field.

Alba current MCap £11m is way too low. Both Ukog and Alba have Upside exposure from HH, but it's the Gold, Cobalt, Copper and Zinc assets of Alba that could be very appealing to any Acquirer. Will not be surprised if a low ball offer is made for Alba at the current low MCap before it starts the much overdue re-rate. Would expect 0.50 to break this week for starters.

soon....

Could see it break previous high of 0.79 last year. Alba MCap £10m is a joke. Ukog just hit £135m MCap today.

BTW From 0.32 price. * 3000% upside is +10p. * 300% upside would be +1.2p

I thought it was the Broker target with +3000% upside for ALBA? Cannot remember who posted it.

Greenland: 100% owned assets NOT priced in at all. * Gold * Cobalt * Copper * Zinc Value of above mineral deposits alone should be many Multiples of current £10m MCap...so much more value to come here.

Ukog has already clocked up +190% gain from 1p..., Can't expect it to go up 35% daily??? Looks like some folks swapping their profits into Alba which has lagged far behind.

Ukog had its +180% rise from 1p. Alba looking very cheap here TBH.

Sorry 1m @ 0.425

1.2m @ 0.425 just went through. 0.50 on its way.

Stockdale current price target 36p. Nice 300% upside from 9p.

SM123, There will be multiple Pre-Spud runs ahead. Got 6 fully funded drills coming up. Timing of Placing halted the pre-Spud rise that was just getting started at 13.50 but the huge positive Offset is the extra +250MMbo gained from Fox and Red Deer drills. In my view the significant rise just got slightly postponed to during Spud for Snow Leopard & pre-Spud Wild Horse being 5x bigger target. However I would NOT underestimate Snow Leopard upside of +200MMBO with additional +700MMbo on success. IMHO.

Will be quite interesting with current Broker price target being 36p I believe. Might get a revised higher price target here.

MATD going for global coverage with participants outside UK also. * USA * Hong Kong * Singapore * Rest of the World.