Member Info for ocelot

Believe Alba may be on the cusp of making a significant discovery, given all of their efforts getting this far. If that comes across as being a salesman for GF, then so be it.

They are blasting where they have chosen they should be blasting and they are proceeding as quickly as safety requirements permit.

This is the UK's largest historic producer of gold associated with bonanza grade finds "running from the tens to the hundreds of ounces of gold per tonne".

Spot gold is establishing new records on a regular basis, Clogau gold commands a thumping premium to the spot price.

Imho, there is every reason to be hopeful and positive about Alba's prospects.

With planned production in 2029, GROC is for the medium term.

Motzfeldt is a long-term project but could trigger interest from third parties in the shorter term.

Clogau could be for the very short term, all depending on how the blasting programme progresses.

Alba's stake in GROC has a net present value of about USD 200m and already provides asset backing well on the way towards 1p, so 1p is not as fanciful a target as it may first appear

A great deal can happen before 2031 - for a start, GROC is planning to be in production by late 2029, or maybe 6 months earlier if all goes very well.

Last year the annual report was published on 06/03 but the deadline is 31/03.

i am sure they would like to have all the current discussions concluded in time for the annual report but, of course, there are others involved apart from themselves.

Working towards the payshoot.

"... advancing the working face by approximately 1.7 metres, our best advance to date in a single blast".

Not a chartist but the share has been consolidating around this level for about 2 month now - if there was to be a positive news announcement, then that is very solid base from which to rise.

Re production, SB spoke recently of late 29 with the possibility of advancing that by about 6 months, if all goes very well.

Lse's figure is 21.6bn so 19.8bn is 1.8bn less.

Lse's figure is wrong, they have doubled-counted the last share issue. Alba's RNS is right.

Good volume: lse's delayed figure is 639m.

Wrong stock. 19.8bn shares issued, see the RNS of 18/12/25.

A bit useless; speaks of a funding need as of August 2025 but where is the mention of the placing on 28/10/25?

We still know nothing about the acquisition target assets apart from their overall location, but discussions have been continuing now for more than 8 months so it certainly looks as if they must be pretty attractive.

Looking at a chart, if it could break free of the 0.04-0.05p range, there could be a fairly straight run up to 0.1p.

Looks like the highest close since 05/11/24 at 0.045p. It fell sharply on 06/11/24 with the announcement of a share placing and retail offer.

Don't think it actually needs anything in particular to be blowing, although that would be a bonus, of course.

It is so grossly undervalued it just needs the market to become aware of the opportunity is is offering.

It has been so low for so long.