Member Info for Phoebus

popping up.

seems very similar to last week when we hovered around the 0.35p level. MMs kept dipping it before snatching it quickly higher. Ended in a very sudden break and reversal to the upside. Feels like the same is happening here. MMs happy to take 7M above the bid so clearly looking to scoop up shares again at this level.

Horse Hill, Brockham and Inglefield also in the mix.

Not to forget the Melville Bay iron project with JORC inferred resource of 67Mt at 31.4% Fe. 70% concentrate producible. Exploration target 93-269Mt at 27-47% Fe. Note that iron prices are currently at multi-year highs after fantastic growth the last few months. This sector is on also fire.

And then there's ALBA's world class Amitsoq graphite project. 2 deposits with average grade 28.7% and 25.6% TGC, some of the highest grades of any graphite project in the world. Marketable carbon grade concentrate (up to 97.3%) can be produced at high recoveries, and with a significant proportion (36%) of the flake graphite being in the highest value Large, Jumbo and Super Jumbo size categories.

Ocelot, don't forget the value of ALBA's world class Thule Black Sands titanium oxide project which is right next to Bluejay's similar project.

https://www.albamineralresources.com/ul/TBS%20Licence%20Map%20July%202019%20(1).jpg

Bluejay's project has a JORC resource of 117 Mt at 6.1% for 7.14Mt ilmenite. ALBA's project has a JORC resource of 19 Mt at 8.9% for 1.7 Mt ilmenite. Unlike ALBA, Bluejay only has a JORC for this asset. Bluejay's market cap is £75.5M. £75.5M / 7.14Mt x 1.7 Mt = £18.0M rough read through valuation for ALBA's Thule Black Sands project, which is 60% of the current market cap or 0.32p/share.

2M buy @ 0.53p just popped up from 08:04. Nice buy.

One and a bit ticks? It's just static. LOL

Look at SGZ go again this morning, up nearly 20% to nearly £80M. Clearly lot's of cash moving into Brit gold stocks. Great to know that ALBA's surface explorations grades are several times higher than those reported by SGZ yesterday. Huge potential here. GLA

0.60p is too close. 0.70p plus next.

100% agree Degsy. Expect this will consolidate for a bit and then storm to 0.50p PDQ.

Degsy, ALBA pilot processing plant comes online early 2020 Q4, so in a few weeks time.

With all Clogau and Dolgellau news dead ahead we're looking good for a run towards 1p.

See you above 0.60p.

They are expecting the quartz seams to be just under the surface so they should be able to access them directly from the surface trenching to get samples. The license area is massively under-explored and has never undergone a deposit scale modern exploration campaign. They have already identified several prospects with better surface grading than above the Clogau mine (and much better than those in SGZ's RNS today), so they look to have an excellent chance of locating new deposits of bonanza grade Welsh gold. Excellent.

Huge demand from MMs at rally highs. Looking good for a move up into close.

I keep seeing this message today 'This message has been filtered, please adjust your filters to view.' Is the website working correctly? ;)

He'd do better to ply his trade on the ADV board.

Gold also breaking to the upside now.

Yep. Ticking up on North American open. Those Canadian and US investors itching for a slice of our Megan Markle gold mine.