Member Info for ocelot

True, YL, although I'm looking forward to news as, above all, Saltfleetby advances, whereas you're not expecting anything to happen for months.

Best to remain quiet and hope they don't notice we haven't anything positive to say until next year... and even then... only if the OGA give us the green light!
-------------
So why do you keep such a close eye on the stock, YL?

There are TWO lists, 1 which has now expired, 1 which is for year-end forecasts.

YL, if you want them to leave you alone, all you have to do is step away from the stock for a while.

The market awaits developments re Saltfleetby - their timing is in the lap of the ... OGA.

YL,

Markets anticipate, so would be very surprised indeed if they did not anticipate in the case of ANGS.

plunges to 20-year low, per Bloomberg.

This is an article from yesterday on the "fracking pioneer":

https://edition.cnn.com/2019/11/05/investing/chesapeake-energy-debt-going-concern-natural-gas/index.html

PS: the submission to the OGA re Saltfleetby revolves around cash flow forecasts.

Given GL's background in finance, this should be right up his street.

For each investor to decide for him/her-self.

But, for the present, there is an understandable problem of credibility which also offers an opportunity.

If you have half a brain and consider yourself a investor get in now before the action starts,not overnight maybe ...
-----------------------------------------------------------
But that's why I'm invested here, in ANGS!

Why?

Looks like a pretty good fund-raising to me.

Obvious point, but the warrants constitute another £700k, potentially!

Thus: £350k raised + 1 warrant issued for each share exercisable at 0.32p during 24 months with an "accelerator" provision enabling Alba to require exercise of warrants should 10-day VWAP exceed 0.64p during those 24 months.

Alba Mineral Resources plc (AIM: ALBA) is pleased to announce that it has raised GBP350,000 (before expenses) through the issue of 218,750,000 new ordinary shares at a price of 0.16 pence per ordinary share (the "Placing"), conditional on the admission of such new ordinary shares to trading on AIM ("Admission").

The proceeds from the share placing will be used to accelerate work activities in relation to the Company's key mining assets (Clogau Gold, Amitsoq Graphite and Thule Black Sands Ilmenite) and for general working capital purposes.

Share warrants will also be issued to each subscriber in the placing, with one warrant to be issued for each share subscribed for, for a total of 218,750,000 warrants.

The warrants will have an exercise price of 0.32p per share and an expiration date of 24 months from the date of issue. 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 0.64p then 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.

The warrants will not be traded on any exchange and will otherwise be issued subject to the terms and conditions set out in a warrant instrument to be executed by the Company.

I've seen oils spoken of as the "new tobacco" stocks.

Tobacco stocks were unwanted and in the doldrums for a long time.

And, then, the market woke up to the cash they were generating.

Over the next 10 years or so, a stock such as BATS must have multiplied at least 10 times.

Dream largely postponed, in my case - my 31/12/18 prediction was 600p!

on here and in the stock: 4 trades so far, 618k shares in all.

Think about it:

GF is in discussion re all of Alba's Greenland projects. He won't be in a very strong position to obtain the best price if potential partners know Alba is in need of cash.

That's a source which has proven reliable in the past.

Ties in with the recently updated presentation.

given the announced departure of the company's longstanding (12 years) CEO.

the true spread is much narrower than the official spread.