Member Info for Mullins58

Also

The Company will inform the market once agreement has been reached and the terms of such agreement, and in the meantime continues to carefully manage its working capital position in conjunction with its lenders.

As Trump retreats from climate goals, China is becoming a green superpower

https://www.bbc.co.uk/news/resources/idt-8d2b6944-4f7a-45b4-96fd-2d92499ff97d

Key details regarding this specific concentration level:

Context: Results of 461 g/t Au were reported from concentrates produced at the Clogau-St David's Gold Mine in Wales, specifically from the Grandfathers Stope.

Grade Range: The concentrates from this project ranged from 86.8 g/t Au to 461 g/t Au, with an average of 187 g/t Au.

Significance: These figures indicate high-grade, premium concentrate that far exceeds typical gold mine production, where "high-grade" ore is often considered to be 5–20 g/t Au.

Processing: Such concentrates are usually processed via gravity circuits (e.g., Knelson concentrators) and are frequently transported to a smelter to produce doré bars.

Alba Mineral Resources is actively producing high-grade gold concentrates at the historic Clogau-St David’s mine in Wales, with recent 2026 operations yielding over 3.36 kg of dry concentrate from 5 tonnes of blast material. Previous samples from the Grandfather Stope returned grades as high as 461 g/t Au, highlighting the significant, though inconsistent, potential of this Welsh gold source.

Oce, excellent update. ATB

Expecting, an incremental increase over the coming months. ATB

Production and Operations Update

Successful Completion of Well Workovers at Saltfleetby

Coil tubing operations at Saltfleetby-B7 and B2 have been successfully completed. The programme included perforation of a sections of the tubing, and cleaning and stimulation of the wells using an acid and mutual solvent treatment.

The wells are currently in the flowback phase, with gas, condensate and water returning to the production facility as expected. Operations were completed safely and without HSE incident, and all third-party contractors and equipment have now been demobilised.

Initial results are encouraging. Average total field production has been approximately 6.3 mmscfd, over the last week, representing an increase of circa 30% compared to the average daily production achieved during Q4 2025. As previously indicated, the wells require a period of clean-up following the workover and well performance will continue to be monitored over the coming months, but the Company is delighted with the initial results.

Balcombe

Following extended delays associated with the planning process at Balcombe, the Company intends to resubmit its planning application in due course and will provide further updates as appropriate

Carlos Fernandes, Finance Director comments: "We are pleased with the initial results from the Saltfleetby workover programme. The operations were completed safely and efficiently, and the early production response is encouraging. We now look forward to the wells stabilising so that we can fully assess the benefits of the work undertaken.

"We are also encouraged by progress being made in our discussions with creditors on the financial restructuring."

Finance Update

Further to previous announcements (most recently 22 January 2026), Angus Energy confirms that positive discussions with its creditors regarding restructuring of its debt remain ongoing. While the Board is encouraged in respect of the continued progress in these discussions, the Company cautions that if a suitable agreement is not reached, it would create a material uncertainty around the Company's ability to continue to operate as a going concern. The Company will inform the market once agreement has been reached and the terms of such agreement, and in the meantime continues to carefully manage its working capital position in conjunction with its lenders.

The Company's shares are expected to remain suspended from trading on AIM pending the conclusion of its financial restructuring.

Operations and Finance Update

· Substantial increase in Saltfleetby production following completion of coil tubing operations.

· Average daily production of approximately 6.3 mmscfd, over the last week, representing a circa 30% increase on Q4 2025 average daily production.

Https://www.londonstockexchange.com/news-article/ANGS/operations-and-finance-update/17467361

Gold mineralisation occurs primarily through hydrothermal processes where hot, metal-rich fluids migrate along structural pathways, depositing gold within quartz veins, veinlets, or disseminated in sulfide minerals (e.g., pyrite, arsenopyrite). It is often associated with orogenic systems (mountain building), where compression and, subsequently, extension, drive fluid movement, leading to, for instance, gold-bearing veins.

Gold concentrate is an intermediate, high-grade material produced by grinding and processing gold ore to remove waste rock, often appearing as "black sands" rich in iron. It reduces volume for easier transport, typically requiring further smelting or chemical processing (e.g., leaching) to produce doré bars.

GF , mentioned this on the Video .

Follow the Gold !

Yep , sunglasses required !

Great update, very positive. Atb

Yep , sick as a PARROTT !

1.29 at the off !

THE GREEN BOX'S

SP today , we have $1.03 million more in our bank account. So more positive than negative.