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Cheers Scot, all sounds positive, shame it’s taken so long but once it’s done it’s done eh - not long to go now until L4 (many said it would never happen, that we’d never dewater, that we’d never get the approvals & here we are) - Come on George give us long timers some Xmas cheer…. GLA
So we will hear about the 1st permit any day now as it will be uploaded onto NRW’s website & the 2nd permit post Dec 20th (hopefully before Xmas or New Year).… GLA
@ScotAlba - Do you have any insights into where we are at with waste tip permit? Cheers
Indeed, I'd like to know what is happening regards the waste tips - George said the pre-application was done/ready to send but he didn’t want to slow NRW down with two concurrent applications so assuming we get the dewatering increase next week does that mean the waste tip application goes straight in…. GLA
I checked IG yesterday & there were 1% of traders shorting GGP - today not 1 account is shorting so it appears that on IG at least personal investors have closed their shorts & cashed out… GLA
Sizeofacorns, hi I’ve not got much to invest (truth be told) but bought a few GGP on this mornings drop instead - like you I have a LOT invested here - time will tell if I made right decision… Even GGP is fully of negativity with a dropping share price, I’d like to sell my GGP to pay my tax in Jan & top up here with what’s left (that’s the plan anyway)… GLA
If IG have stopped leveraged products that would suggest to me they are concerned that at this low ball share price IG have more to lose than gain (house always wins) so their advisers anticipate our share price rising - GLA
Just had a reply - sorted - IG have made some changes this last week which caused a glitch - they’ve changed margin rates/broker or something but it’s ok now - They have stopped leveraged products due to these increased rates but share dealing is good to go as normal…
Only IG one can’t buy & im still trying to find out why (ie is it a glitch)… or maybe just lack of volume….
We may get the dewatering increase next week if NRW move quickly (rolls eyes)…
They should be working on access to L4 as we speak (as far as they are able) - they are still running on emergency extraction rates…
Not sure when we can expect UAV results for Clogau (which is complete), anybody?
IG has stopped private investors from buying - two days now I’ve been trying to buy & so I called to be told only institutional investors can buy Alba through IG now…..
@Dontpanick - Alba split GROC off due to the massive costs it knew would be involved to develop Greenland. The idea was for GROC to find its own source of income & if that involved dilution it didn’t cost Alba anything other than a smaller percentage of the final pie (if Alba has spare cash they can still buy shares mind) - it was a win win for Alba… GLA
Something is occurring behind the scenes folks, haven’t a clue what we can but wait for an explanation via RNS….
So just come off the phone to IG & indeed personal investors can no longer purchase Alba shares only institutional investors can purchase - Haven't a clue why but he said it might change in the future… Anybody else having issues?
Just tried to buy via IG (5 times) & IG say not excepting buys at this time - is this a shortage of available shares or an IT issue, any ideas?
MPO818, share price has fallen to historic lows on NRW delays & a persistent seller (nothing more) - Seller it seems has gone & NRW may announce the increase in dewatering rate as soon as next week - We will be at L4 this time next month & drilling in no time…. Market loves a drill… Plus lots happening with UKOG/GROC our UAV survey & the waste tips still to come…. Buy low sell high simples (look at the charts to see where we should be)…. GLA
I wonder if Alba are playing the ‘don’t count on our vote until we’ve received our pay cheque’ card…. GLA
@Ocelot; To be fair after UKOGs RNS one would assume they’d had prior approval…
Alba slapping UKOG down basically saying - listen to us we are a shareholder, treat us with respect …. lol - GLA
@Layla1 - You are not wrong people are fickle & many have no strategy at all just buying/selling emotively - nothing wrong with buying & holding long term (it’s prob the best strategy) - I’d like to average down & take advantage of the current share price though yet…. I’ve never understood people selling when the share price is at historic lows with lots of news due but I guess people just need their money when they need it eh… GLA
Indeed also shows their share price goals - 0.16p soon with 0.4p to follow, I reckon 0.16 will be hit quite quickly (weeks not months)…. Hoping for an RNS saying we got the HH cheque before we get the dewatering increase approval… Top-up time…. GLA