Member Info for NoOneKnows

I think if anything holds this up it will be waiting to get state approval to develope the quarry beyond the current limits. We know anything governmental takes time to organise.

It seems a good way to raise money and it looks like AMG have agreed certain stipulations as to share sales and a basement floor price which is acceptable. Its interesting he mentions milestones because until the prospectus they are limited to what they can make public. The CPR and any offtake agreements would likely only come with the prospectus. Personally I think this is just part of the process which is taking longer than anticipated but then there are a lot of hurdles to cross off not all of which are under amg's control.

I was thinking the CPR would be released before the prospectus but looking online it will probably be released as part of the prospectus.

Or are we just becomming the cash cow for his other company ?

It would be if it was cash but it isn't its a deal with another company he has an interest in, where he comes out of it quite well but will Alba shareholders ?

Yes I agree Ocelot hes doing quite well out of the deal.

NoOneKnows hands Scotalba a headlamp and a shovel.

Personally I think they'll raise more than that.. but who knows.

They don't need funding for the RTO... its an all share deal. They will need working capital but that comes after/on completion.

Was famous for having nuggety gold... we are yet to see if there is much left ... I expect there is some gold still there somewhere but is it consistent enough to ever make a commercial mine ? I was quite optimistic when I first bought in to Alba but as it stands GROC is the only real asset and you(Ocelot) like me have seen the sp collapse over the last 4 years because Clogau is probably a dud in terms of it ever becomming a commercial goldmine.

So far... going by results its less.

Looks like some shares being moved about.

Here is why estimates, including those from 2012 by Snowden Mining Consultants and others, can differ from actual findings:

"Nuggety" and Inconsistent Gold: The Dolgellau gold belt, where Clogau is located, is famous for having "nuggety" gold, meaning the gold is not evenly distributed. Instead, it occurs in concentrated, high-grade pockets (bonanza grades) separated by large, barren areas. A few high-grade samples can make an area look exceptionally rich, while surrounding rock may contain almost nothing.

Challenges of Old Mines: The Clogau mine has been worked since 1862 and closed in 1989, making it a brownfield site with a long history of intermittent production. Many old records are incomplete, and previous miners likely targeted the easiest-to-find, highest-grade veins, leaving behind lower-grade ore, which makes estimating remaining, untouched, high-grade pockets challenging.

There won't be any news on assay results on the recent blasting for sometime(likely months)... if they claim visible gold you should remember they made that claim after the blasting in 2024 which yielded very little. The only actual news that would boost the sp is news from GROC or the Motzfeldt assay results... if they are good but the longer they are delayed (going by my own previous experience with mining companies) the poorer they will be.

Why didn't GF do the raise that is inevitably coming last week ? The assumption must be he couldn't raise at those hyped up prices.

The first revenue from the licensing was good news and this could be the transformational year... fingers crossed.

If the sp is a guide things are moving forward nicely.. maybe offtake agreements have been agreed... who knows I expect there is information that can't be released before the prospectus.

Mark Austin has very little interest in Alba looking at the shares he holds. Even if you take into account share options/warrants, it all adds up to very little.

Maybe Mark left because there is very little gold ?

Good news.. onward and upward.