Member Info for ocelot

Brockham or Balcombe? Your quotation from highroller referred to Brockham.

There's a gold ingot in a transparent display case in the Bank of England museum.

One can insert one hand and lift it. I can confirm it is heavy, about 13.5kgs, from memory.

The Bank has a lot of them!

May get the update re Lidsey this coming week.

The mine exists already, so low capital expenditure;

In developing the mine, the miners "chased the vein", exploiting what they could see: this was effective and successful but means the scope for further exploration is very large;

Alba is talking of a team of 10, so low running costs.

Think it's reasonable to assume these were late-reported sells from the previous day of shares to do with the exercise of warrants.

In looking back at yesterday, I see that at 17:15 not only was there a 27.2+m trade at 0.18344 but, also, a 40m trade at 0.181p.

Valuefinder,

You'll have to ask someone else, I'm afraid - I can see them on the day, but have not sought to pull them out from the past.

Wasn't even aware that Nex has become (is becoming?) Aquis!

Have you checked Nex trades?

Isn't that the point DoneK was making?

Quite a high proportion of trades on Nex so far, 40 v 58 on AIM, about 20m v 32m on AIM.

When we get above 1.50p, the clouds will have dispersed and there will be blue skies overhead.

What we want is for them all to be exercised, for which a price in excess of 0.42p is required :-)

So, exercisable between o.30p and 0.42p.

For other warrants, see bottom of p49 of the last annual report:

As at 30 November 2019 Alba had 555,654,761 warrants and options outstanding.
No. of warrants Exercise price (pence) Final exercise date Vested
15,000,0001 0.3 pence 18 September 2020 Vested
20,000,0001 0.3 pence 27 March 2021 Vested
2,000,000 0.3 pence 28 May 2021 Vested
51,000,0002 0.3 pence 27 March 2021 Vested
15,000,0003 0.4 pence 27 March 2021 Vested
60,000,0003 0.4 pence 13 January 2027 Awarded under the EMI scheme.
Vested.
113,904,7614 0.42 pence 27 March 2021 Partially vested.
24,500,000 vesting in 2019 and 2020
60,000,0004 0.42 pence 2 May 2028 Awarded under the EMI scheme.
Vested except 15,000,000 vesting 31
Dec 2019
146,562,500 0.32 pence 13 November 2021 Vested
72,187,500 0.32 pence 21 November 2021 Vested
555,654,761

Haven't checked if there are any other warrants, will be in the last annual report if there are.

Re cash, for the present time, for Alba, they should be quite comfortable: recent placing at 0.065p brought in £450k , warrants exercised at 0.13p for £250k, another £200k of warrants at 0.13p in the money, facility with Bergen remains in place.

£450k of warrants issued with an exercise price of 0.13p, £250k exercised, £200k remaining to be exercised.

The exercise of warrants injects cash into Alba and is to be welcomed.

27.2+m at 0.18344.

Presumably from yesterday, because it hasn't been included in today's total volume.

101.2m traded on AIM, about another 30m on Nex.

23.1m shares traded and the lunch break is ending.