George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
No, thankfully not. They reverse the initial trade of 2.4m and replace it with a 3m trade at the same price. Would love to know how they get away with it actually. Be great if you could decide two hours later that you should have indeed sold more when the price was higher.
Is this company ever going to do anything meaningful? This is a lifestyle company for the BOD if ever I saw one.
Vol. Sold 4,873,855
Sold Value £30.22k
Vol. Bought 1,368,311
Bought Value £8,484
4x the number of sells, this will finish red. Sorry rampers.
Wow, surely this is the first time in history that a £20k/yr BDM has made an appearance on an RNS. If ever there was a more apt scenario to demonstrate the inability and amateurish running of what has to be, the worst company to list on AIM, ever.
Just when you think things can’t get anymore embarrassing for them, they post this hilarious RNS.
I only keep up with this now for the comedy factor, although I appreciate that it must not be so funny for those of you that are still throwing your money away here.
God bless you all, hopefully one day you come to you senses and manage to pull out what’s left of your investment, if anything.
Nate
NDN,
Apologies, I’ve not been keeping abreast of all the chat content recently. You may well be correct in your thinking. I guess I was thinking about it in relation to DM saying he would like to test the shallower targets next which would make sense if that’s what he feels our current rig is now capable of, until we source a new rig for a re-test of Tai?
NDN,
Unfortunately, it's not a red herring at all. The facts are there for all to read on HE1's website now. Here's an extract:
"The rig used by HE1 was a low-cost rig that drills slimline wells, which enabled HE1 to gather a large amount of data to de-risk the play at a total cost of only ~US$2mm despite the longer than expected time to complete the well. However, for future wells in the basin targeting the key deeper Karoo play it may make sense to bring in a rig capable of drilling wider diameter holes to avoid the issues encountered in this well."
Here's the link:
http://www.helium-one.com/analyst-research/
Nate
Vol. Sold 133,893,850
Sold Value £535.58k
Vol. Bought 208,486,607
Bought Value £833.95k
More buys than sells again today, yet the MM's are taking us down to fill the gap. Hadron now almost entirely cleared and it's remarkably really to still have more buys than sells since re-listing with them clearing so much stock. Looking v strong for the remainder of the week now and a mega re-rate.
Vol. Sold 133,893,850Sold Value £535.58kVol. Bought 208,486,607Bought Value £833.95kMore buys than sells again today, yet the MM's are taking us down to fill the gap. Hadron now almost entirely cleared and it's remarkably really to still have more buys than sells since re-listing with them clearing so much stock. Looking v strong for the remainder of the week now and a mega re-rate.