Member Info for Valuefinder

FTNJY - I smiled and nodded at your post with every word I read. I wish I could be as eloquent as you. I feel sick reading some of his rubbish

Hopefully this week Grace. But it goes into next week, then no big deal. As long as it’s good news... :)

ST - Would be interested to see what you have too. I have been doing my own reading, but for sure I have missed some things.

Let’s hope GDR helps the world in better managing this stupid virus. We certainly can’t rely on our inept government. Am hoping this breaches the light resistance at 1.80 and onward to £3 once approvals land

Stupid lse not allowing the link. Youleys see if this works...

https://m.youtube.com/watch?v=KysCulRjFew

For those who haven’t watched this, worth spending 20 min to watch. Alba gives a good overview of their projects, including Clogau

****************************/articles/alba-minerals-investor-presentation--a42bf25/

Good post by Stigoloist in ADVFN

“Stigoloist : Next week is TESLA Battery Day

Good time to update on this hTtps://www.investegate.co.uk/alba-min-res-plc--alba-/rns/amitsoq-update/202002190700093945D/ Alba Appoints Graphite Experts for Battery Testwork Alba Mineral Resources plc (AIM: ALBA), the diversified mineral exploration and development company, i s pleased to report the appointment of leading graphite experts, ProGraphite GmbH ("ProGraphite") for the next phase of testwork at our high-grade Amitsoq graphite project, in southern Greenland. Whereas the last phase of the Company's testwork successfully focused on maximising the yield of higher-value large flakes, the focus of the new testwork will be on assessing the most efficient and optimised method for the production of material for lithium-ion battery ("LIB") anode testwork. The flake size of the graphite used to produce LIB anode material is less relevant, as the graphite is micronized to less than 30 micron prior to shaping and purification. Consequently, the recovery of larger flake graphite is not an objective for this testwork. Highlights · The next phase of testwork at the high-grade Amitsoq Graphite Project will focus on the production of material for LIB anode testwork. · Alba has secured the appointment of leading German graphite experts, ProGraphite, to conduct this phase of testwork. · This testwork is distinct from the last phase of work, which confirmed the ability of Amitsoq graphite to produce a concentrate containing a significant proportion (36%) of flakes in the higher-value large, jumbo and super jumbo flake sizes. George Frangeskides, Executive Chairman, commented: "I am delighted that we have been able to secure the expertise of Dr Christoph Frey and his team at ProGraphite in Germany to oversee the next phase of testwork at our high-grade Amitsoq graphite project“

Just shows that ALBA is not a one trick pony.

Maybe some of the Welsh guys can go for a walk at Clogau and see if they spot any nuggets :)

Some auto corrects here, sorry. Bloody iPhone (need - news, glossy - Clogau, good - Gold)

Investor - huge volume here, and will only increase as media coverage starts. Every drop is bought into and even a hint of need from Clogau and there will be a frenzy of buying here. I see this trend continuing until news is released in a couple of weeks. Good news will then send this into new levels.

Even 100k oz (but hopefully they have plenty more down there) will be worth millions.
Premium paid for Clogau gold is 200% or more. With a spot price of $2000 now (and expected to increase) then this makes potential spot price for us close to $6000
Mine exists so any costs to develop and start selling ASAP are minimal

So just very basic and simplistic calculations show that this could be huge, for example
Assumed spot price achieved - $4000 (I know Alba is hopeful they get more but let’s be conservative)
Cost (AISC) - $1200 (overly pessimistic here as generally AISC is lower, and certainly lower for existing mines)

That gives $2800 per oz, which even at 100,000 oz reserves it is worth $280m/£220.
Even if you then take a 50% discount to this conservative approach, still leaves you with over £100m. And that’s glossy only. How about Greenland?

We are in a bull market. Good is expected to go up, profit margins for going to increase further and exploration will boom. That, coupled with the fact that this is Welsh gold and on our back door, makes this a perfect investment.

Will we reach 0.6/0.7/0.8p by end of September? I hope so, and am fairly confident we will, but what I’m really confident about is that if we do find amazing grades down there, you and I and some others won’t even be able to use this bb as it’ll have 2000 posts a day.

Parsley - you think because you've spent gazillion years here, somehow that makes you somehow special and important? What a plonker. Without these "new" buyers you'd have spent another gazillion years waiting for Alba to move. Anyway, you're not worth engaging in a discussion, so this is my last post addressed to you.

RNS, of course. Not runs

BB - you won't be knackered when runs drops and this rises to above £3. It's been great to get this back to £1.50, where it once was. And the multiple news streams expected in the next couple/few weeks should this easily above £3. AT £3, this will only be £150 odd million, which will be the minimum market cap once we have approvals and Beckman news

This is my two pence worth. If the next RNS for Clogau comes up with good grades, which states that there is mining opportunity down there, every newspaper, and channel will talk about it. And when that happens, expect days and days of sustained rises. First target 1p, then depends on news we could go double that in no time.

Key projects:

Clogau (could be worth many times the market cap on good results)
Drilling and bulk sampling results, JV, drilling of new zones

Greenland ilmenite (with a bit more drilling, it could be worth at least the current market cap, but probably more)
Equivalent project for neighbours supports their £75m market cap. Easy to "mine", effectively surface sands which can be easily transportable so costs not significant

Greenland graphite (work is required to prove up
Highest grade graphite in the world. Requires work to explore and prove up, but initial samples showed significant grade product

Greenland Iron Ore
67Mt already as Jorc. Further drilling to prove up the remained, expected to be between 93 and 357Mt. Melville Bay Iron Ore is located within the same geological belt (the Committee Belt) as the Mary River iron ore mine, operated by ArcelorMittal and Nunavut Iron Ore, which includes four deposits including the Mary River Deposit-1 (M+I Resources reported of >350Mt at an average grade of 64% Fe), in production since 2014. Iron ore prices have increased by 50% since their lows earlier this year.

Horse Hill and Brockham (UK)
Oil production (11% ownership). While currently the oil prices are quite low, and production from HH is not where it should be, this is a good diversification asset which could be worth quite a bit once full production capacity.

And we are sitting at below £20m market cap? Well, hopefully not for long.

Good for you 350186. However, I'd be surprised if this opens at 27p on Monday. That would be some kind of f**up. No idea what happened with those large trades and UT here, but it certainly looks strange and smells funny. Would love to see what does happen at 8am on Monday though, as never seen this before.

SNewby - No one can tell you what to do, but haviung suffered for 4 months, as have most in this share, selling at the first opportunity of "blue" might give you the initial relief of not having lost money, but you have still wasted 4/5 months and haven't made any profit. GDR is just starting its journey, Covid seems to be getting worse and worse, GDR has by far the best test out there and any news on Beckman and/or FDA approval etc. and this will easily shift a lot lot higher. ALl my opinion, of course. You must do what is best for your nerves and your wallet

Re-test £1.40 then heading for £2.80. Apparently that is the next resistance. Even then, GDR will only be worth £150m, which is still well below its peers.

For those who may not be familiar with Bluejay (please watch the presentation by Alba). Bluejay's market cap is underpinned by their Greenland resource of ilmenite. Alba's is their neighbour, with potentially more ilmenite than Bluejay, or potentially even higher quality (according to Alba it is higher quality). So that alone, once a little more work is done should see this in the £50m, particularly if they JV with Bluejay. Add to it the gold in the Welsh hills, the Granite from Greenland (highest concentration in the world, apparently), then this silly market cap just looks even more silly

Bolivian man - And Bluejay’s market cap is based mostly on their asset in Greenland, which is equivalent to ours. We then have 3 other projects worth a lot more. Market cap wise, can’t go wrong here with we have in the pipeline

Lets not get ahead of ourselves shall we? Nice and steady, 10/15% every couple of days would be just fine. Hopefully 0.5p before news, over 1p after. Here is hoping!