Member Info for newlunar

Haha 40g very funny. If alba did 40g you'd still be saying too low.

If 20g is going to be the average, then it's a very good mine! Are there any mines out there doing 40g?

There does seem to be a few people on here who want this clearing up, perhaps an email to them might get a response?

Myself, I wouldn't expect them to be able to give too much away if they are reliant on a third party.

But they've already told us about the pilot plant just before Christmas. I'm not sure what you want them to say about it? It's still there and hasn't been nicked?

Same for results. You want an RNS to say they're waiting for them? Who says there's a delay? I don't believe any RNS has stated when they are due.

But it's the wrong RNS! They should have withheld this one and made up another with some random made up assay numbers.

Alba Subsidiaries:

Aurum Mineral Resources Ltd
Mauritania Ventures Limited
Obsidian Mining Limited
White Eagle Resources Limited
White Fox Resources Limited
Dragonfire Mining Limited
Gold Mines of Wales Limited
GMOW (Holdings) Limited
GMOW (Operations) Limited
White Deer Resources Limited

Thanks, I know Alba and Stallion share some directors and registered address. But I haven't found anything to suggest that Stallion is a subsidiary of Alba. So unless anyone knows better, we don't own that license?

Regarding Stallion, if you look on CoHo for Alba, on page 49 of "Group of companies' accounts made up to 30 November 2019", there's a list of subsidiaries. Stallion is not listed.

And yes, I'm sure our Ilmenite will greatly increase when more work has been done at TBS.

Ignore me. found it

You sure 2019-18 exists?it didn't come up on searching that site...

Alba are very good regarding getting news out!

Hahaha over 6p by Jan? Jan 2022 maybe. Maybe aim is not for you?

Better to be cautious rather than expect something which might not exist.

FYI, re ilmenite. Bluejay have 4-5 times more than Alba.

Given that everyone's expecting the price to shoot up... It will obviously go down!

Yes I agree, makes complete sense. What I was getting at regarding Greenland, is they seem to have more work planned for Amitsoq and TBS, and not so much planned for Melville Bay.

Something I wondered, is how Bluejay made so much progress in Greenland this year, while Alba couldn't. Were they already well established there in Greenland when Covid hit?

I don't think you can trust the 500,000 ounces of gold as accurate - the figure that the papers jump on? Gold is currently just under GBP 1400, but as we know doesn't take into account any Welsh premium. So who knows how much is there.

To add, 25th Nov RNS, mentioned Wales a lot, and Amitsoq and TBS a little. No mention of Melville Bay.

I believe their priorities are gold, ilmenite and graphite. Iron won't progress much by Alba for a few years, unless their private partner moves it forward.

As talk of oil is a little depressing. Does anyone have any thoughts on iron assets?
To me the potential numbers look phenomenal even though we only own half of it.
It seems alba don't talk this one up much and instead concentrate on gold, graphite and ilmenite. It's there any reason for this?Perhaps it's not going to be an easy job getting it out of the ground...

I thought the max potential was around 1600 a day...
Reading the ukog board is quite depressing. It seems no one has a clue how much oil is coming out at HH, if any at all. As much as I'd love alba to get some steady income, I don't think HH will be bringing anything in. Best ignore it until real news comes out.

Maybe ask on ukog chat and report back? :)