Member Info for Yanis2005

IQ just submitted:

“SFB Environmental Permit application

Is the variation to the EA application expected to be approved and if so when?
If there is a delay in approval can Angus still begin installation of equipment as planned and achieve first gas in February 2022? Could you provide some clarity on this please. Thank you.“

SFB production starting in a month or two? - No.

First we need the EA permit, meeting in October? Then we need to receive the gas processing equipment and install it and commission it.

Last RNS said first gas in Feb 2022 but this now looks like is subject to EA approval ON TIME in October, IMO. Installation should start in October for gas in Feb (and this is cutting it thin).

Pauly, the drop is worrying but it dropped to 0.17p in 2018 before the run to 1.97p.

I will be adding more as soon as I free some funds, but this is me each to their own decisions.

Hopefully we’ll hear from YLB in the non-too distant future as they are accelerating the lithium exploitation plans. Fingers crossed and good luck.

Low volume today, no buys and no sells. Looks like people took their positions and are waiting for the TU. A pity CC didn’t buy any shares :)

TullyCrow, it all boils down to extremely poor PR. Check out KAV I mentioned in my previous post.

Alba IMO has superior assets.
KAV also showed nothing yet, they are still exploring.

IMO Alba MCap should be much higher than KAV. Yet, Alba has £15 mil MCap and KAV has £25 mil MCap - Why the difference? Better PR. Check and compare RNSs and tweets.

6,926,891 share dump at 0.2335p

Today was a great RNS I suppose … just what the market was expecting - more pressure on the SP.

Just hope this IPO is launched this week (late Sept taken as 20-30 Sep, we are in late Sep now). This IPO is another letdown … launch in August … becomes mid-September … becomes late September.

TyllyCrow,

I agree with most of what you posted (09:58) but not with the last statement - Welsh gold interest will certainly help the SP.

The problem here is as I said many times - the Alba PR.

When was the last REAL tweet or RNS on Clogau. And I think all know what I mean by real.

Check the PR of KAV -Kavango Resources (disclaimer: I do not own shares, just for comparison). They have an MCap of ~£25 mil Vs Alba’s ~£15 mil. Compare their assets and their PR, RNS and tweets. Alba has by far superior assets in my opinion.

That was promised in last investor presentation that now seems to be ages ago?

Nookie, Alba already let the market know what they intend to do with the Welsh gold assets … they intend on exploiting them.

I just wish they did a better job at it with some proper PR to help the SP.

TU is on 23rd September, this coming Thursday.

EagleEyes, David is in Bolivia … I know this, you know this … because David said so. If others want to doubt it, so be it. In fact, the longer the SP stays down here, the more of a chance for me to keep adding. Each to their own.

The middle of September was two days ago.

Let’s give them the benefit of doubt and consider the middle of September to be the period between 10th & 20th September … and 20th is this Monday.

But for IPO to be launched on Monday, we must have some warning, so an RNS any time today. If this doesn’t happen … then is another market expectation let down.

Mainly the lack of tweets, having previously been so active, Is my concern.

PiffleHound, “ Has the Cyprus drill program been completed? Have samples from any or all of the holes been sent for analysis? Have any assay results been received? ” reasonable and valid questions.

And this is the point, they said in a tweet that results will be in September, that was weeks ago. We are now in September and they have not yet said that the drilling is completed.

I am now getting concerned - news blackout and SP being hammered is not a good sign from my experience.

SP is now well below placing SP of 10p and yet there are relatively large sells.

Has passed.

RNS tomorrow for launch on Monday?

Gulable, David is in Bolivia, I don’t know why you did not get a reply - is this the first email you sent?

Anyway, David being in Bolivia is very encouraging. Hopefully some news in the non too distant future.

YLB expects lithium industrialization to start in 2023, Technology selection in 2022

https://www.lostiempos.com/actualidad/economia/20210914/ylb-preve-que-industrializacion-del-litio-arranque-2023

“The president of Bolivian Lithium Reservoirs (YLB), Carlos Ramos, reported yesterday that the implementation of the Direct Lithium Extraction (EDL) strategy is in its pilot stage, which may conclude in 2022, when the most appropriate technology is defined. . In this way, the state-owned company plans to start the industrialization process from the year 2023.

“A pilot is being started to see the production capacity, the performance of the companies' technologies and based on that, the technology will be decided more efficient in the recovery of lithium carbonate in the shortest possible time, ”said Ramos.

He added that foreign companies must work in the most efficient way for the recovery of lithium carbonate.

Ramos explained that doing this work is complicated because it involves new technologies. … …”

Very nice volume, picking up. If it continues like this the Spreadex shares will son be gone.

In my opinion, they should update us, say something… the SP is getting a real hammering. What if it is a leak?

Relatively large sales below 9p!!!

This is worth a barrage of emails to them asking wtf is going on. They were tweeting almost daily before the placing … the one that wasn’t meant to happen. Why the blackout now?

This blackout would not be too bad if the SP was holding, but is not.

Riseandshine, lol you apologised to Confu yesterday :)