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I would recommend Alba shouldn't announce things they aren't going to deliver on just for the sake of getting something out there eg blasting first half of November and Pendants to name a couple of things. All non-delivery does is kills confidence.

The pendant project sums up GF and Alba's glacial progress.... they first announced the limited edition pendants on 26th June the fact they haven't managed to produce one in almost 6 months says it all really.

Have Alba produced a pendant yet ?

I expect upgrade CPR will be next news... its just a waiting period.

'The Company is now anticipating the start of the next phase of blasting in the first half of November.' RNS 13th October. Anyone who has been here a while won't be surprised that the blasting hasn't happened yet... GF rarely hits his timelines.

The initial agreement between Atlas Metals Group (AMG) and Universal Pozzolanic Silica Alumina (UPSA) was based on a non-binding letter of intent (LOI) signed in June 2025.

However, the companies have since progressed and entered into a conditional agreement which is considered a binding reverse takeover, subject to specific conditions and approvals. Last year the deal fell through because AMG didn't secure the funding in time... this year there is no funding requirement as its an all share deal.

Its the regular dilution that is keeping the sp so low. GROC could be the saving grace.

H5O 'ALBA shares hit .40p earlier this year' ... I think you mean .04.

In general, the selective allocation of bonus shares to "favoured investors" during a reverse takeover (RTO) is complex and likely to face intense regulatory scrutiny. The core principles of fairness and equal treatment for all shareholders usually require that bonus shares be offered to all existing shareholders in proportion to their existing holdings.

Maybe when blasting eventually begins GF should employ more people to get the rocks brought to the surface and processed rather than one man with a bucket and another with a toffee hammer to process the rock to concentrate. The lack of oomph to get things kicked on here is appalling.

Good bounce... share issue was priced last week I guess. Another stage ticked off.... CPR upgrade next ?

Looks like there are still people picking up a bargain.

Listing another 5m shares is bound to drop the sp.... roughly 35%... so should settle around 12p from this mornings price. The most important thing is the RTO getting completed and this is part of the process to satisfy the FCA.

The prospectus will be sent to the FCA for approval.. when approval is granted it will be published. No clue as to the timelines.

It looks like the £750K trade was cancelled yesterday so that could have been a reporting error... don't know about £450K

The RTO seems to be on track so it wouldn't make sense for any major shareholder to sell when the shares will be worth considerably more in a few weeks.

I don't know but I'd guess the shares issued in lieu of debt will be issued very close to the RTO being completed... maybe just before suspension. I could be completely wrong though.

They've raised almost £3m in that time... and will probably raise again before we see any gold.

Its almost 2 years since they got rid of the water at Clogau and the rate of progress since then has been abysmal.

Its the snails pace that GF operates at that is annoying.