Member Info for poortrader

http://www.alignresearch.co.uk/alba-minerals/alba-minerals-bluejay-conundrum-3-jorc-light-about-to-be-shone-on-material-disjoint-in-value/

Do you have a position here? The next 5-10 years will be the maker or breaker for alba, but the company is already (genuinely) undervalued as it stands. There may well be more dilution but in the long term who cares if it means we get to see the full benefits realised from all assets rather than sell off to keep the lights on.

So with HH production expected by the end of the year we should start generating some cash in theory. If Bluejays ilmonite samples are a winner then a potential offtake agreement there as well, so some very real near term income. Before the Welsh gold is brought into the frey, or any of the other projects the balance sheet should start looking fairly healthy and hopefully if significant gold deposits can be found in existing mines then Alba can springboard into production with a fraction of the lead time a normal junior minor would require. Some new targets into the picture and some rediculous gains in share price should be possible, especially as most of these are UK assets so will attract the attention of any bizarrely patriotic investors. Lets hope it all comes together...

This happens so often I almost dread good news! Its not just alba, but seemingly everywhere

http://www.alignresearch.co.uk/alba-minerals/alba-minerals-bluejay-conundrum-3-jorc-light-about-to-be-shone-on-material-disjoint-in-value/
Old news and pre-dilution...but bluejay have an mcap of circa 80m based mainly on their greenland assets alone. We have much the same, plus HH, plus potential for Welsh gold when gold prices are predicted to soar, plus base minerals...7m mcap. Hype rather than value drives share price so no telling when/if this will rocket, but if it does it should be very interesting. The problem is funding all of the existing prospects without too much further dilution, as with any exploration/junior minor.

Agree with this, selling HH would seem shortsighted. Gregorio, that logic doesn't work when asos went from 3p to 75 quid over several years...

...so realistically, the company has assets that are seriously undervalued compare to its peers. The ability to generate income from said assets currently means that further dilution may be necessary. A year from now the share price may be down from today's levels...but in ten it could be 10 20 or 30 fold. Or alba may no longer exist. If anybody can tell me which aim share will 20 or 30 bag with absolute certainty i will be there, but assuming that is fanciful, you take the risk and wait, or sell and go.

Lots of small trades, but enough to bump the price. Before the last fundraise this had a target of around 7p, surely post dilution it must still be worth at least 2-3p which is still a tenfold increase. Be interesting to see where we get to with the gold as some analysts are predicting ridiculous prices in the coming years, almost five times today's spot price and welsh gold attracts a premium. Of course, we may also be bust. Haha

Bellarus? Haha! I agree, those are the two real potential growth areas and Tekcapital are in my opinion correct in focusing attention in getting the current portfolio companies ship shape before chasing the next big thing. Regarding your post BB I had not realised lucyd had only began trading a few months before the results were posted so thanks for the context. I have not been a holder here since april-ish so take my half baked opinions with a pinch of salt. I am watching with interest still, so if I start posting things about how I saw a for sale sign on the Salarius office window then assume I am probably after your shares. Haha!

If it makes you feel better everything is down today, like...everything. If you want out that's fine but when new investors check these boards and read your comments it becomes a self fulfilling prophecy, people don't buy then sp wavers, wavering causes people to vent, venting puts off new investors and so on. Ramping just as bad of course. If you have been in so long then a few more months surely won't hurt to find out if the results are 'transformational' or if you are so sick cut your losses. Either way, holding and complaining achieves nothing (for anyone in any share).

I would love to know what this means. He has the option to buy 7500000 shares after serving 6 months so if he had gone within that period I would have been out of here faster than a cheetah on a moped. As it happens, its been over 6 months since his appointment and there is the other geologist now in place. Sam Garrett had interests in a number of mining firms so could well be conflict of interest or that the other guy has taken his place.

The accounts for Lucyd and Salarius are available from companies house website now for 2018. Lucyd sales look dismal, less than 20k revenue and look to be selling at a loss, with a fair chunk of debt to boot. Salarius has done little, but thats fairly obvious given the launch was in this financial year. Lucyd was always the company I was least bothered about, and it will be interesting to see if they can turn things round. Salarius own brand snacks look shoddy to me (personal opinion) but the real growth will be established manufacturers incorporating microsalt into their products I think. The reduced sodium is a big selling point, but Salarius are no longer the only game in town in this respect. The increased adhesion is to my mind the big draw as instantly this would potentially reduce the production cost for say pringles etc which when multiplied by huge volumes could be enough to swing some big orders. Time will tell

Yep, three 'lots' of results, unless he was referencing three lots of results in the cresswick rns but not sure what that would be.

Whomever first coined the phrase 'no news is good news' should be beaten with sticks.

It is strange, no noticable pattern though I suppose...certainly not anybody with any clout as the volumes trading hands as fairly small. Nice 8k buy at the end today at least.

I am all for risky investments where the next clinical trial result or resource assay will send the share price 20 fold or cause a de-listing but that is not what location sciences is all about. The share price drifts up and down around the same mark, growth in revenue has been slow but steady and in my own personal opinion this is all about the long term (with the caveat that it appears on the radar of someone like alphabet group of course!) For me its a case of build a significant holding over a period of time and in the longer term it will pay off. Just my own musings of course...

The 2m trade still not showing on lse?

I believe PI's invested through Barclays show as Barclays holdings, as per Halifax and HL rather than necessarily being the broker themselves having a holding. It's either and institutional investor, somebody with pots of cash, or somebody who has took their pension as a lumper and ploughed it into a single share on reccomendation from a mate down the club which seems to be rife these days. Haha!

So...Oriole have a number of interesting targets, a NAV per share more than double current levels, cash in the bank and a large backer in iamgold yet still seems well under the radar. What's amis?

I assume you meen market penetration...haha