Member Info for stephen11

You know what I meant Ham123,

Semantics - that’s all your argument consists of.

Oh well…if it makes you well better whatever.

Even a broken clock gets the time right twice a day - somewhat reminds me of you!

Ok Ham123 - you want to get technical?

Lithium-ion batteries are made from electrodes - an ANODE (negative) on one side and a CATHODE (positive) on the other. Graphite is the only material used in the ANODE - so you could call this a lithium related play, as these two components are integral parts of car batteries for lithium vehicles.

Now - if you need any more info I’ll get a blackboard and chalk.

In the mean time - don’t attempt to get smart with me - it doesn’t suit you!

Ok - i'll level with you guys first. I bought into ALBA well before the 28th Sept 2021 when Greenroc had its first days trading on AIM. I'm big into lithium stocks (KOD, PREM, and the like) and originally bought in here because of the lithium potential in Greenland.

Like many, i suspect, i am spiked on a relatively high average price and sitting on a considerable paper loss. That being said the RNS this morning is very position and i am considering averaging down when i get the new ISA allowance after the 5th April.

My question is - how are we sitting in terms of cash reserves at the moment and what is the monthly cash burn? In other words, when is the next fundraise anticipated? Not ramping or deramping - genuine question.

Kind Regards,
Stephen11.

Thanks Robbie - I understand now.

Fair point Divermike,

What I am eluding to is my disappointment that Alba seem to be putting all there eggs in one basket with the dewatering permit area. Would it not be both prudent and proactive to explore other opportunities in the mean time e.g., sluicing the waste piles?…it could get some revenue to negate the need for future fund raises.

We have lift of!

I’m really pleased that progress is being made with the dewatering permit, however it is somewhat frustrating that nothing is being done with the waste tip. Could they not run this through a wash plant whilst waiting on the permit?

Stephen11.

Metaphorically speaking, will we be drinking Don Perignon Champagne, M+S Prosecco, or Tesco Cider on Thursday night?

I'm predicting the former and 60p before start of trade on Thursday morning and a bounce to £1.00 at some point in time on Thursday.

This share has rose over 66% on a given day on a number of occasions in the last 3 years - check the 3 year graphs for March, April, May, August and September, 2020 and January, February, and December, 2021 for examples. A lot of these rises were on hype, distribution agreements (but not sales), FDA submission (but not validation), and the hope of future sales.

Additionally, bear in mind this will be the first time GDR has received NICE accreditation, which is widely respected around the UK, Europe, and the World.

Also, we are already up and running with the AHIL within certain hospital trusts. The NICE accreditation will light the litmus paper for more.

Enjoy your Sunday,

Stephen11.

Just some games from the MMs this week and profit taking from the day traders and those who bought in at 8p to 30p.

Nothing to worry about - the fundamentals and potential remain the same.

The real money will come in Mon to Wed next week.

I’m still predicting 60p close next Wed and a 66% bounce to £1.00 on Thursday.

Enjoy your weekend,

Stephen11.

If we get to 60p by close next Wednesday (pre NICE news) it will only take a 66% rise next Thursday to get to £1.00.

I'm sure many of the long term holders will agree (from previous major RNS news) that this is a distinct possibility. This share can fly!

GLA.

Stephen11.

We're of to the races today again.

NICE

Until the big one lands

NICE…………………..

And the ask is at 37p.

This is a bit more like it!

Let's hope for a good day.

- 1% down Monday
- 9% down Tuesday (or was it 10%)
- and almost 16% down today

- Thursday : I haven’t got a clue what will happen but I hope the tide turns. Surely those who bought between 8p and 25p who wanted out have now churned through?

Thoughts for tomorrow?

I thought last week was St. Patricks day!

Not sure if we'll break even today - if we do it would be the greatest comeback since Lazarus!

Ah well - there's always tomorrow.

Coming back up again, repeating yesterdays trading pattern.

Probably end +/- 1% like yesterday...no panic.

Someone's keen - A big 50K+ buy!

21-Mar-23 10:05:13 37.989 135,166 Buy* 37.50 38.00 51.35k

- Nothing to worry about
- I bought a few at that price myself (to average down) though i'd rather top slice at +1000% than 300%, but fully respect anyone who has taken profit
- Next target is 62p (say the chartists).

GLA.

Stephen11.

Well said Brighty

I'd say that's pretty good - nothing goes up in a straight line. Difference is we seem to have very good support levels now. Shows how good the fundamentals are.

I'd say we'll be back on an upward trajectory tomorrow.

GLA.