Member Info for ocelot

"How wasted wind pushes up bills - wind farms are being paid to switch off as the energy grid can't cope".

"... Neso has estimated that by 2030 constraint costs will drive balancing costs up to £8bn, adding significantly to bills, before falling again in subsequent years as new cabling comes online". - The Times of 10/01

To limit the forecast constraint costs associated with wind farms, there is a need to develop long-term energy storage solutions.

Https://www.bbc.co.uk/news/articles/clyw8n22gwno

https://www.bbc.co.uk/news/articles/c0lx4xrjz8go

Https://www.kitco.com/news/article/2026-01-13/39210-184000-ounce-golds-true-present-day-value-reserve-currency-vaneck?utm_source=site_navigation&utm_medium=sidebar_link&utm_campaign=latest_news&utm_term=gold_ab_sidebar_news

It's tomorrow, not today.

See top of GROC's home page:

https://greenrocplc.com/

One of these days, one of those pictures is going to show some yellow of commercial interest.

A further round of controlled underground blasting is scheduled today at the Llechfraith Target, as Alba continues to progress its underground bulk sampling programme at Clogau ...

Once we have got a few more blasts under our belt, we will be able to provide an update on overall progress and timing.

1/ what is fair value?

Don't know but many multiples of the current price.

2/ how long to get there?

Don't know but, in the event of success at Clogau, the response from the current share price levels could be quick and impressive.

Stefan Bernstein considers GROC to be "grossly undervalued".

What is true of GROC is also true of Alba.

"The price fetched by the sale represents a premium of almost 8.5

times the spot price of gold, which currently stands at around £2,370 per ounce". (RNS of 04/04/25)

today the spot price is £3,424.14, 44.5% higher.

Front month above 80p at 81.45p

Think the market will come to recognise Alba as being ahead of most of the field in relation to Greenland, critical minerals and materials.

If it was a sell, then it was a sell that has been absorbed by the market.

In your humble opinion.

If you want to find gold, you can reduce the risks by searching where gold has already been found.

Clogau is the UK's largest historic producer of gold.

Because of its links to the royal family, Clogau gold commands a very substantial premium to the price of spot gold.

None of this is currently in Alba's share price.

A couple of years ago, the net present value of Amitsoq and the processing plant was calculated at a combined USD 800m.

Slippage in the timetable means that the net present value of that time can now be conservatively assumed to be the net value of today.

Alba's 25.34% of USD 800M = USD 202.72m.

Only a very limited portion of this figure is in Alba's share price.

Through Motzfeldt and GROC, Alba is exposed to the critical minerals and materials at the very heart of the current economic rivalry between the USA and China, a rivalry which may well prove to be one of the major themes of this century.

UK Gas rose to 79.12 GBp/thm on January 12, 2026, up 8.17% from the previous day. Over the past month, UK Gas's price has risen 8.51%, but it is still 34.51% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. (Trading Economics)

For myself, I used to enjoy the contact with Adrian. i don't know why you have written "Adrian (Trish)", Noswej, but for my part I can detect no link at all between the 2 posters.

36.5bn shares.

10p = market cap of GBP 3.65bn.

Nope, not a realistic figure.

Best wishes

New all-time high for gold as the independence of the Fed is attacked by Trump; USD 4,586.80