Member Info for Mullins58

Great time to buy at this level.

Simmo , Shares in Issue 257.61m very low for a AIM listed company. ATB

Receipt of funds under

Settlement Agreement with Logik Developments

EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels, and energy generation is pleased to announce that, further to its announcement of 14 August 2024, it has received confirmation from its solicitors that monies amounting to £2 million have been received on the Company's behalf comprising the full amount of the sum agreed under the settlement agreement with Logik Developments Limited and its wholly-owned subsidiary Logik WTE Limited.

With the receipt of the funds all matters under the settlement agreement are fully resolved and concluded.

As announced in the funding update of 23 May 2024, the Company will pay £500,000, being 25% of the settlement amount, to YA II PN Ltd and Riverfort Global Opportunities PCC Limited to reduce the balances outstanding under the existing secured Term Loan maturing on 23 May 2026. The Term Loan, with no fixed monthly payment or conversion rights, was designed to reduce the Group's then short-term liabilities and to enable the Company to focus on funding immediate and ongoing working capital obligations.

The balance of the settlement monies will be deployed for general working capital purposes and to accelerate the implementation of the Company's strategy.

Https://www.londonstockexchange.com/news-article/EQT/receipt-of-funds-under-settlement-agreement/16647996

LTH's have done the hard yards. Have patience and let thinks unfold over the coming year. SATB

Look at the size of that nugget !

https://x.com/AlbaMinerals?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Steady progress.atb

Https://www.londonstockexchange.com/news-article/ANGS/launch-of-new-website-and-brand-refresh/16643651

Filtered

4. OUTLOOK

I am pleased to be writing just after our team has completed our first blast underground at the Clogau Gold Mine. It has taken a huge amount of work, skill and dedication from all the Alba team, as well as from our fantastic group of technical consultants and contractors, to have reached this historic milestone, to our knowledge the first blast to have taken place at Clogau in around four decades.

Most importantly, the start of blasting signifies that we are now very much at the business end of our operational activities at Clogau. This next phase of work will go some way to determining the viability of commercial gold operations based at the Lower Llechfraith workings, our priority target within the existing envelope of the Mine.

On behalf of the entire Board, I would like to take this opportunity to thank our shareholders for all their support.

Lovely !

COMPLETION OF FIRST BLAST AT CLOGAU

The Company is delighted to confirm the successful completion of the first blast at the Llechfraith Target at Clogau on 28 August 2024.

The first blast took place at No. 4.5 Level. Eight blast holes were drilled. All detonated successfully, producing several tonnes of broken vein ore. This material will be removed to surface in due course and processed.

The next sequence of blasts is expected to proceed at No.5 Level. While the Company will provide periodic updates on the progress of operations on site, it will not be providing reports on each individual blast.

George Frangeskides, Alba's Executive Chairman, commented: "We are delighted to have successfully and safely completed the first blast at our main gold target at Clogau, the Llechfraith Target. To our knowledge, this is the first blast to have taken place at Clogau since the 1980s and is a testament to the skill and dedication of our mining personnel onsite. We look forward now to continuing blasting operations on No.5 Level."

Https://www.londonstockexchange.com/news-article/ALBA/half-yearly-report-and-first-blast-at-clogau/16641386

Yep , there is.

I'm a LTH , I have built up a reasonable holding over the last few years. The new BOD are top notch and know where the company are going, Big news due shortly. ATB

Dan , thanks for the posts much appreciated. Good time to invest. ATB

Use the filter. ATB

ILove it !

Https://www.mining.com/web/gold-bulls-delight-in-jackson-hole-as-powell-juices-price-rally/

Steady Progress made. ATB