RE: It amazes me how people are selling ALBA20 Jan 2023 11:45
I have no doubt as far as the share price, this year will be a dramatic "moving year" in a positive direction for Alba.
I don't know exactly how many "working days" (someone might care to work that out) its been since our permit/species applications went in at the end of October, but I know the processing is well underway now. I have had contact with both permitting departments very recently and although they are not giving anything away in terms of timelines, they are processing as quickly as possible for Alba.
A couple of points to remember: even if Alba had received the Permits at the end of last year they still would not be working on de watering the shaft as previous it was agreed ""Works will not be permitted to take place within the known bat-inhabited areas of the mine between November – March (inclusive), eliminating potential effects to hibernating bats" no reason to think this will change.
The other thing to keep in mind is when we get the Permits. George has already stated "when the permits are issued, it is expected that the dewatering of the Llechfraith Shaft will take around two weeks, after which Alba’s technical team will be able to access the lower levels and assess the exposed lode" So when the permits drop, more news will follow quickly.
I think the next big thing to be watching for is when the water permits application are "Duly Made assessed" and then the information will appear on the public data base. I was given a 14 week timeline for that to happen.
The species license application, I have been told we may not here if that is successful until the final Water permit decision is made , but I think we would be sure to hear if it was not successful as without it Alba can not get the Water permit. So no news on that species license is good news right now. No public records are required on the species application, so its between NRW and Alba how that pans out and when Alba and we are told.
All in all a lot to be excited about right now.