Member Info for MPO818

LK77
How on earth can you be expecting results from 36 tons of material 3 days after the conclusion of the sampling. It’s being done by a firm from Cornwall, the stuff has to be transported from Wales to Cornwall.

12months ago AFC were on the cusp with their disruptive technology and EV charger demonstration, quickly followed by the roadshow. They quickly grabbed some small funds then gobbled up another £30m. Well, it’s hands up time, shareholders have been mugged in broad daylight. Think that sums it all up, as one Bond dies the Aussie version gets richer.

I’m well invested in ALBA but I can’t help to mention the excitement on the GGP BB tonight. Good luck to all invested there (sadly I’m not) but I’m convinced we ALBA holders will be next.

You don't promote unless there is a significant reason, think it may have something to do with GOLD and GREENLAND onwards and upwards, hang tight.

Announced today a new project in Greenland, seems to becoming a popular location, I've read that climate change is making it a more attractive investment opportunity coupled with its vast valuable raw material resources. Is this another good omen for little old ALBA.

Thanks for posting the link I mentioned yesterday, perhaps you could look at another which is also on the BLUEJAY BB posted Tuesday at 20.23 headed "Growing number of unexpected arrivals" it gives a decent insight into Greenland.
Whilst we await for the results of the Gold search in Wales, BLUEJAY are expected to announce by 31/10 the outcome of their attempts for an off take agreement for their ilmenite. If/when this happens it could be transformational for them and would certainly boost its neighbour ALBA. Exciting weeks and months ahead.

Very interesting Youtube piece on ilmenite on the BLUEJAY chat BB. Sorry I'm not technically able to post it here, well worth a visit to listen.
All the positives there impact ALBA, and ALBA management consider ours to be better quality.

You say AB has 3m shares in AFC, can you just remind us shareholder what they cost him??

He posts on ALBA and SYME. For the later he warned of a drop to 0.40p they are now 0.54 with ALBA his opinion is the mine is exhausted. He has no clue about either, so put him on ignore and maybe he will get fed up and go away.

I seriously hope no one on this bb is taking any notice of this poster. He doesn’t have a clue, just look at his recent posts re ALBA and SYME. The later is 25% higher than the price he predicted. He has also commented on UKOG and ANGS failing when BP pulled out at HH. He failed to mention BP pulling out of the Buchan Field leaving 140m barrels for JOG to exploit.

Back to ALBA they did some testing work with good results prior to all the current work, they would not be spending all the time and money to then report no gold, so please take Mr008’s comments with a pinch of salt.

A handsome return, however if ALBA moved merely one tenth of the movement seen at GGP you could reflect poorly on your sale. Although any profit is a good profit.

The language use November 2019 by Mr Bond (yes almost 12 months ago, doesn’t time fly) to lure delusional investors into forking out enough cash to keep AFC developing products for a further 3 years that others are selling. Or am I barking up the wrong tree.

I note with interest their market cap closed at £98m (ALBA £28m) positive offtake news due this month could see it double, decent gold results from ALBA and we could keep pace. Exciting times for both.

Athansius you say of Bond
“Primary responsibility of a CEO is to the owners of the company, shareholders.
RiskyBusiness1 you say of Bond
Drive the company forward, attend high level meetings, generate sales or other issues.
From my point of view you could be right, however
As a shareholder Bond has done zero for my benefit furthermore I do not recollect any sales being generated.
Bond is paid very well and everything he’s done so far has benefited only himself, shareholder benefit when the share price rises, we raised £30m a few months back, if you strip that out of the market cap the value of the company is lower than 12 months ago. The company is going backwards in a booming sector, that’s my take on AFC.

parsley2
Yes it was historical data relating to the past 22 days, but I did forget to mention the sp started the 22 days at .18p and it finished at .455p, it has nowt to do with MM's as you suggested its all about supply and demand of the 7.2bn shares traded clearly there must have been more buyers than sellers, its called simple economics there are books you can buy or visit a local library and educate yourself instead of writing rubbish here.

Parsley2
You wrote "there is no reason for the daily rises and drops other than MMs"

According to the FT ALBA has a free float of 5.1bn shares, they also report that over the last 22 business days over 7.2bn ALBA shares have been bought or sold.
Those are facts, I agree we await some results from the Clogau drilling etc, I also agree that if they are poor the price will drift back, however if they are good, as the company and many shareholders expect your 0.8p is way off mark. Additionally if Bluejay secure an off take agreement for their ilmenite (results due this month) 0.8p could go before Clogau results land.

The lastest report issued by Bluejay included an update on their Dundas project, it talked about a MOU for prospective offtake for 200tkpa ilmenite and possible project financing, post its year end the 200 was increased to 250/300 tkpa.
They will update the market by 31 October 2020 on the discussions as they continue to engage with a number of other leading industry players with a view to securing additional commercial offtake agreements.
ALBA has the same asset, and they suggest its better than Bluejay’s, their capitalised at £80m over 3 times that of ALBA.
Another example of the potential in ALBA, exciting months ahead.

Weak not week, sorry.

Big late push be MM’s to take out week holders, deal comfortably worth 22/25p, their just greedy, and limits will be exploited.

I commented on this here on 16th Sept. Today a reverse takeover/merger announced that does little for PMO shareholders. Of course there is a massive difference between JOG and PMO insofar as JOG has potentially great assets all in the area that Chrysaor dominates and it benefits from no debt. Could this be the way forward for JOG.