George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
A further email, confirming status of project and the marked undervalue of the shares - it could help.
INTERESTING
The one about selling the Ammonia Cracker business, his reply said it all, including that it's worth more than the Market Cap of the company, which is currently £139.77m.
If this were true, and AFC had a decent 1st movers advantage over the competition - then imo they would be taken out in a heartbeat.
Marks the anniversary (day before Good Friday) of the 50% F/O to NEO. We thought we had arrived, the 600p/700p targets landed. We pushed on and Serica took another 30% the 600p/700p targets were reiterated. What an awful year for LTH's as we watch on with the shares languishing below 150.
RNS NOT AVAILABLE ON THIS SITE - not the full thing but the bits that George is excited about.
Clogau Gold Mine Update
Exceptionally High Gold Grades Confirmed of up to 4.30 oz/t
Alba Mineral Resources Plc (AIM: ALBA) is delighted to report on exceptionally high-grade sampling results returned from No.4 Level at the Lower Llechfraith workings (the "Llechfraith Target"), Alba's principal gold target at the Company's 100% owned Clogau-St David's Gold Mine in north Wales ("Clogau" or the "Mine").
Key Points
· Alba has taken more than 40 samples from No.4 Level at the Llechfraith Target, and all have been put through the Company's Gravity Processing Plant to produce heavy mineral concentrates. Composites of the concentrates were then sent to a third-party refining facility.
· These composites have now returned exceptional gold grades:
o From Composite 1: 3.1 grams of gold were recovered from 49.2 kg of sample (dry weight), equating to a back-calculated head grade of 89.15 g/t or 2.87 troy ounces per tonne (oz/t).
o From Composite sample 2: 3.2 grams of gold were recovered from 34.4 kg of sample (dry weight), equating to a back-calculated head grade of 111.63 g/t or 3.59 oz/t.
o From Composite sample 3: 4.0 grams of gold were recovered from 36.9 kg of sample (dry weight), equating to a back-calculated head grade of 133.73 g/t or 4.30 oz/t.
· The Company is greatly encouraged by the fact that these high grades are from ore that did not contain visible gold and is interpreted as being part of the background gold population.
· Further, the fact that these grades were obtained from shallow chip sampling on a level that has previously been mined suggests that further and more extensive sampling on No.4 Level is merited. As No.4 Level is immediately accessible, this sampling can proceed without delay.
Whats going on here today ? Just returned to see my earlier post missing - so again - DU great to see your post of earlier today, the shorter version is just as good and quite enlightening. Hope you are keeping as well as possible. A turnaround in JOG would be most welcome and the sooner the better.
Alibro
"I would like to know how many of the people in the UK currently classed as 'in poverty' have a contract for a new mobile phone and how much they are paying. "
"And how many are paying for Amazon Prime, Netflix, Sky etc. "
"And how many go on holiday to Spain regularly"
I think the numbers would shock us all - You would think the "benefit office" would be able to check out some, if not all of the "living styles" you have listed above - post the election Labour will cheerfully enhance these benefits, it is in their DNA.
Mick-b
3 million children in poverty the highest ever!
The ever from when last year, 1950, 1940, 1930, 1920 ?
Are you equating so called poverty today with past poverty?
3 million children from a population of 70 million for get government figures that even thy can not prove and admit it on our population, The population in the 1940s was around 45million an there was real poverty then my parents grew up in it. Children died then through the combined effects of poor diet, poor housing poor health care, do not insult my parents generation you shxt. They started work at 14 yrs of age my grand parents started work at 12 years of age, poor diets out side toilets no hot water no proper baths only a tin bath that they took turns bathing in the same water.
Most poverty to day has been imported . the rise in rickets in the Asian population the return of TB again via immigrants .
Tell me how many houses have out side toilets and no baths or no hot water today, how many starving do you see walking the streets?
My parents and others never saw meat, they lived on muck, offal -pigs trotters, cows lips and lugs, tripe .
And when they dinned on muck Labour and Tory politicians dinned on steak !
During the 1930s Bevan the so called great Welsh Labour minister dined at the Ritz Hotel.
All through rationing of WW2 the wealthy including Churchill never lost a pound in weight neither did the then Queen .
My late father said the first time he had a bed with blanket's and three meals per day was when he was conscripted in 1940.And that would have applied to others parents and grandparents of those whom contribute to this board.
Poverty today =s fast food , Iphones , lap tops and a school run, mothers to fat and lazy to cook and no fathers names on the birth certificate .
Why even Angela Rayner MP, the girl who was pregnant at 16 yrs and got a council house which she bought cheap moans about being poor! but kept her £48000 profit secret for years.
19 days into the current buy back program:
Lowest buy back price 45.39p. Highest buy back price (today) 50.22p a 10.64% increase. Long may this trend continue until ex div date - maybe the future is brighter. Average buy back increasing daily, now 48.21p.
I DO NOT KNOW IF THE REPRODUCED POST BELOW IS TRUE!!!
"Interesting that since Brexit we have out grown Germany and had the same growth rate as France. Employment is still high, especially when compared to the EU average and the EU is still in recession. The EU must be looking on enviously ;)"
WHAT I DO KNOW
The stock markets of both France and Germany are telling a completely different story - they are both at all time highs, whilst the UK indices are and have been woeful for at least the last four years.
In fact that post is on every board I look at - what's that all about??
This post by "Jilen" also appears on the LGEN board - click on the name and you get referred to admin - whatever that means.
Nuwanda
Clearly you have not read the article, the bar charts comparing market performance through the years tells a very different story - the difference between the two parties is very significant. This outgoing Tory party has faced a challenge (COVID) not seen in my lifetime, and hopefully never again, plus a needless war in Ukraine resulting in a damaging energy crisis. Read the article.
So we now know that the general election will not be in May 2024 but probably in October/November 2024.
I wanted to know what we can expect from Labour and what their previous periods in office actually did for the UK Stock Market - what a shock I got - It is all revealed at - cps.org.uk - The article is "THE STOCK MARKET UNDER LABOUR" the author is John Littlewood. It is a really enlightening read and includes many comparisons of how the UK market compared to European and other overseas market. It is a real wake up call - Enjoy.