Member Info for ocelot

Alba Acquires Option Over Andover West Lithium Project in Western Australia

Alba Mineral Resources plc (AIM: ALBA) is very pleased to announce that it has acquired an option to purchase a 50% interest in a package of highly prospective lithium exploration licences in the West Pilbara, Western Australia ...

Permission to appeal filed on 19/11/23.

"We expect to hear their decision in 3 to 4 months’ time".

"New evidence is not allowed in this type of appeal. Rather, the appeal is an evaluation of the legal conclusions of the judge".

https://frackfreebalcombe.org.uk/latest-news/our-appeal-has-been-filed/

"... the planned bulk sampling within the extension to the Llechfraith Payshoot below No.4 Level (see the RNS of 22 March 2024) will target "bonanza" type grades of the kind found in previous periods of mining at Clogau, ...";

"... We now look forward to the forthcoming bulk sampling on and below No.4 Level with a great deal of confidence and no little excitement."

Uncleal,

On what occasion is SS supposed to have said this?

Do you have a source for your statement?

The interpretation of the survey data over the Carndochan and Hafod Owen prospects is awaited and will be reported on in due course. (RNS of 02/04)

At 40% = £8.125m if they can be used.

The Group estimated carried forward tax losses are £20,313,000 (2022: £16,421,000), none of which are recognised as a deferred tax asset.

DOING the work-over, NOT "going"

Re Brockham, they plan to be going the work-over in May with production anticipated in late May/early June.

A 2012 report conducted by Snowdon Mining Consultants on behalf of the previous majority owners of the mine, Gold Mining Wales Ltd (GMW), suggested that as much as 500,000 ounces of gold could be lying untouched in the area surrounding the mine, ... (wikipedia).

This figure of 500k ounces has also been reported in news articles re Alba's work at Clogau and in the region.

... Whoever is doing the buying, it hasn’t been gold-futures speculators in recent weeks nor American stock investors for gold’s entire upleg! That makes gold’s record breakout surge and 31%+ upleg so far truly remarkable. The great thing is neither central banks nor Chinese investors are likely to slow their buying anytime soon with gold shining so bullishly. When late American investors join in, gold ought to really fly! ...

Ouch!

Acknowledgements to Bloomberg.

Takes today's volume on AIM up to 34.7m.

Aquis: 4.9m; AIM: 3.5m

If you're in contact with Zeus, Trish, can you ask him kindly to pull this share price up? Thank you and thanking him in advance.

Loan Reduction via Equity Share Subscription

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that to enable further orderly reduction of the balance of the funding facility announced on 28 June 2023 ("Loan"), it has delivered to RiverFort Global Opportunities PCC Limited and YA II PN Ltd ("Investors") a tranche of 200,000,000 ordinary shares ("Equity Shares"). Future conversion of these Equity Shares by the Investors will further reduce the current £0.545 million principal balance of the £2 million gross first cash sum received ...

No one except you is taking the Portland scheme seriously.

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... and the government, apparently, and, according to UKOG, "several significant potential international investors" (RNS of 01/02/24).

Reminder of this tweet of 05/12/23:

UK ENERGY STORAGE LTD: Portland Port hydrogen storage business gets significant boost in the space of a few days after positive discussions with two of world’s giant trading companies, Japanese Sumitomo, and US ExxonMobil. The countdown to lift off begins …

Jeremiah99,

No, not yet.

Work was expanded to take a 2nd look at the results of the earlier samples.