Member Info for ocelot

Bloomberg article on the easing of financial conditions for small gold explorers. Dates from 21/07 but still valid:

"... But junior miners are now starting to benefit. Take the case of American Pacific Mining Corp., an exploration and gold-mining firm with market capitalization of less than $20 million. The company raised $3 million in the second quarter, six times more than it had initially planned. Interest was so big that it had to turn away offers for more, said CEO Warwick Smith.

“The big boys play first, and then that money trickles down to the smaller companies, exploration companies,” he said" ...

https://www.bloomberg.com/news/articles/2020-07-20/wall-street-is-throwing-billions-at-once-shunned-gold-miners?sref=Em01M8Hr

Closing price was 0.19p, as shown above. Also checked with London Stock Exchange.

That's just AIM. There's 159 trades on Nex, too.

If Alba's share price does rise significantly from here and remain much higher, then it becomes much easier for them to raise money at a more reasonable cost, which would allow them to accelerate investment in some of their other projects as well, creating a virtuous circle of growth.

Alba has nothing to do with HH, they've received permission for trenching at Clogau.

It had fallen a very long way.

For myself, although exciting, the share price movement so far has simply corrected some of the exaggerated decline in the stock.

I'm waiting for it to make a decisive move up from about 0.30p!

Had to pull out the 2-year and 3-year graphs, the 1-year is no longer of much use.

From the 03/08 RNS - 0.26p no longer appears that far away!

The warrants will also be subject to an accelerator provision, such that if at any time during the 24 month duration of the warrants the 10-day volume-weighted average price (VWAP) of Alba ordinary shares exceeds 0.26p per share, the Company may give warrant holders notice to exercise their warrants within 10 business days following the Company's notice and to pay the exercise price in full within 15 business days following the Company's notice, failing which the warrants will automatically expire.

Alba's £450k from the exercise of warrants at 0.13p is beginning to look in the bag - it all helps! doubles the size of the recent placing.

These timings represent best estimates.

Deliverable Status Start Date End Date

Construction: HD Drilling Imminent 07/09/2020 19/10/2020
and Trenching

Wow! Many thanks for posting that.

The HH-2z well is currently shut in for a long duration pressure build up test to re-assess its connected oil volume. Consequently, the company has sought an extension to the current test permission in order to ensure that sufficient data is available to enable the correct forward decisions to be made. (Interim Results RNS of 30/06)

What we don't know is how long a "long duration" is.

Agreed, looks as if it may have prompted the exit of some short-term traders.

volume's quite heavy (183.3m) with chunky trades on both sides, although, obviously, the sells predominate.

work WITH them

They ARE the Council, UKOG does have to work them, shareholders are entitled to express their opinions, but it's important to do it in a constructive spirit (imho).

22/10/20 isn't in 2 weeks' time.

That was a price prediction for 31/12/19.

I'm sure we would all have predicted a price around 0.215p for 03/09/20!

The U.S. Centers for Disease Control and Prevention has told states to prepare for a Covid-19 vaccine to be ready by Nov. 1 and asked them to remove obstacles that would prevent distribution sites from opening.

The CDC in early August told states to assume for planning that “limited doses” of a vaccine could be available in fall. The new Aug. 27 letter, first reported by the news organization McClatchy, sets the stage for a broader rollout. A CDC spokesman confirmed the contents of the letter...

https://www.bloomberg.com/news/articles/2020-09-02/cdc-tells-states-to-get-ready-for-nov-1-vaccine-distribution?srnd=premium&sref=Em01M8Hr

These timings represent best estimates.

Deliverable Status Start Date End Date
Land/Leasing/Wayleaves Near Completion 01/05/2020 31/08/2020
Tendering and Procurement Near Completion 04/05/2020 31/08/2020
Pre Construction In progress 30/06/2020 04/09/2020
Satisfaction of Planning In progress 10/08/2020 07/09/2020
Conditions
Construction: HD Drilling Imminent 07/09/2020 19/10/2020
and Trenching