Member Info for ocelot

FollowTheVein,

Yes, st tropez was that poster. Very bullish, lots of posts all of a sudden, then took profits and disappeared.

Bubblepoint,

You didn't watch the meeting, did you?

More or less at the beginning, they indicated that they believe production has been stabilised at 7-8 mmscf/d going forward.

They also made a pretty convincing case for storage in the UK and suggested they might expand their activity in that field beyond Saltfleetby.

From their mapping of Saltfleetby, it looks as if the reserves may prove to be significantly larger than thought at the time of the last CPR.

Yes, he said the current market price is the equivalent of about 1 x EBITDA

Krzys seemed to suggest that if Angus was a US stock it would be quoted about 5 times higher than its current price.

Thought they all came across very well.

Thought that was excellent.

Sounds as if the likely arrival of a Labour government with its tax plans for oil and gas may encourage Angus to acquire assets in other countries.

Following the RNS issued on 11/12/23.

2nd biggest % gainer on the market, 9th biggest volume.

AIM: 73.4m

Aquis: 9.1m

Just to continue the quotation in my post of 12:40, GF then says (from 09:33):

"So that's, if you like, the blue sky potential of the project, which is massive ..."

Re the aerial survey, from 09:25:

"If we can get to refined targets for drilling, we could well be drilling over the Dolgellau gold field in the next 6 months to look for another Clogau".

Https://www.kitco.com/charts/gold

ALBA confident these grades represent background gold population

Level 4 investment set for significant RoI

Increasing confidence of high 'bonanza' Gold levels below Level 4

Record Gold spot prices at U$2,166/oz

Sometimes you've just got to call a spade a spade...

Exceptionally High Gold Grades Confirmed Clogau at Gold Mine of up to 4.30 oz/t ...

"While the planned bulk sampling within the extension to the Llechfraith Payshoot blow No.4 level ... will target "bonanza" type grades of the kind found in previous periods of mining at Clogau ...".

It is very encouraging that, to date, every initiative taken by Alba has either met or exceeded their expectations.

Let us hope the same holds good for the bulk sampling.

Think the hope is the bulk sampling results will be better:

While 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, if the grades encountered on No.4 Level to date are replicated more extensively, this is expected to significantly strengthen the economic case for reopening the mine for commercial production.

Further sampling on No.4 Level is planned in the short term to follow up and build on these results. In addition, bulk sampling is planned to be rolled out over the next few months below No.4 Level (see the Alba RNS of 22 March 2024). There are also historic piles of broken ore on No.4 Level that have been left behind by previous operations. These piles represent a near-term processing opportunity which can be undertaken before any planned new development takes place.

Https://www.londonstockexchange.com/news-article/ALBA/clogau-gold-mine-update/16394550