Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Holders in Alba need to be telling the story, not just that a £4m minnow is pumping oil onshore in the UK but that we are sole owners of miles of Welsh Gold prospects which give a premium of 2-3 times the market rate for gold. With the Gold price likely to hit 2000 an ounce soon, we are sitting on an asset which has the potential to be worth many timed out current SP. when you take into account we also have Oil, Graphite etc, I’d say we are one of the most under valued shares on AIM right now and an ideal safe haven.
Still holding and haven’t posted for ages. With Gold soaring, and our interest in Clogau I have a feeling Alba will soon be seen as a safe haven. The share price is way below the value of any one of our main assets.
And I almost forgot. Four years ago on a single day it rocketed many times its value hitting 1.37p. The lack of available shares can send this thru the roof on the slightest rumour. It might only take someone in the relevant industry to suggest that Alba have assets worth those of Bluejay or interest from a big oil or gold company for this to go stratospheric.
So 55m seems to be the guesstimate of the HH asset value, Clogau could be worth even more than this it has produced 78500 Troy ounces and they now say there’s a vastly larger area with higher anomalies. Add in modern methods and the fact Welsh gold sells at 2-3 times the norm and even if they just find the same amount again that $300m. This could be more than a 10 bagger - on these assets this has to be one of the best bets on AIM right now.
I think it’s about time Alba move on up. It’s been sat down at crazy lows despite having a proven oil
asset which now has 25 years of production permission. In addition a world class gold
Mine and huge potential Greenland assets. Any one of these assets should be worth more than the current value of the company.
Alba is IMHO now the best value on AIM. But don’t take my word for it. Read up on it.
A world class gold mining project with proven history in a stable cheap to access location with a massive premium on price of Welsh gold of $4-5k per ounce.
A share of a billion barrel oil project onshore in the UK already producing.
Assets in Greenland which are on a par with a nearby company’s assets - Bluejay which has a value tens of times that of Alba.
And even more assets in Ireland.
Holders of Alba talk of a realistic value as 2.5p. It’s far higher than that when you consider the value of all these assets.
I’m continuing to hold. This should be way way higher than it is and with all
The global uncertainty, every asset in itself is worth many times the current value and the gold asset alone should have this worth many pence.
Read up on it, don’t take my word you don’t need to.
Well I wish I’d followed my instinct and got back in to these at 0.8p a few days ago - 20% profit missed. Still as my HH stake in Alba is performing well at least I have some exposure to HH. Was staggered to see the ITV article about Alba not even mentioning HH but heaping praise on 4km of gold find instead.
Gold and Horse Hill are both pushing this up now Ukog is up 15% in two days. We have catching up to do and the rumours about shedloads of gold are no longer rumours. If we get a good price for HH from Ukog we could have £5m cash to kick off the gold digging. At £5000 an ounce for Welsh Gold, we will be quids in.
I’ve not been in Ukog for a while, chose to hold Alba as it was more diversified with Oil, Graphite, Welsh gold and more. I expect Ukog will be heading toward 2p very soon on good HH results and may take a punt but for anyone interested in something a bit different Alba offers a chance to stay in HH and short term, next few months may reward with the HH results and Clogau gold play. It’s been sat down at sub 0.2p for quite a few weeks now but just like Ukog has the potential to fly if the news comes good before the end of the year. The only downside is the risk of more cash being needed towards the end of the year although HH is a free play now. Welsh gold sells for over £4000 a ounce so could be something special as it’s the gold the royal family uses. I’m pretty sure both Alba and Ukog are at rock bottom now and the only way is up. DYOR of course as Aim is a dangerous place to be. Anyone have other suggestions at the moment?
So I’ve been holding these for several years now waiting for the surge. We’ve got some great assets and the HH play is now self funding at the least and very soon should be bringing in a profit. Trouble is we don’t appear to be getting any publicity. Even when there’s good news we are ignored as the likes of Ukog get the credit. Until one of the plays we fully own 100% or thereabouts comes good I see us stuck sub 0.25p. If the clean up of clogau finds a bit of gold that might get some good publicity and push us up, so get in there BOD and find a lump of the Welsh stuff sharpish. I reckon our HH asset is worth at least as much as the whole of our valuation so all the other assets are free playing. However without some good news we will end up having to do another issue of shares towards the end of the year so we really do need some action like yesterday.
Holders need to remember that there has been dilution so a price of 0.3-0.4p gives a significantly higher MCAP than a few years ago. That said, the assets have proved up which clearly cancels that out so yes we should be trading significantly higher. It’s the lack of wider publicity which is holding this back.