Member Info for Yanis2005

James, Gkb posted the email below.

If I cash in now I stand to loose well in excess of £50k, but I am very very close to doing it. If I get nothing out of it then double the loses.

But rather than a slow bleed I might as well go down in one go.

Next month, if the deal is not closed I will be contacting AIM Regulation with the Brockham fiasco details plus current SF. I had enough.

Gkb, I have contacted them before about another issue. AIM regulation did say at the time that they take these issues seriously.

Ocelot, my friend, you did not experience the previous Angus failures. If anything is going to happen it will happen soon. If it doesan’t, it never will.

Boris Johnson will soon be history. Deceit, dishonesty, lack of integrity, lying and self servicing can only last for limited time. Public eventually wakes up.

My patience is completely exhausted.

To tell them what happened with Brockham and give the a summary of the SF saga.

Ocelot, the LTHs here know that thinks with Angus can change in a flash … in Brockham’s case the killer blow was delivered about 3 days after an RNS saying that all is ok.

I will contact AIM Regulation, but I am, afraid just like GKB is saying AIM Regulation might do nothing … and with Boris Johnson in government what do you expect?

I will be contacting them anyway.

Go nookie … :)

How long shall we give Angus to deliver the SF funding deal before we contact AIM regulation and cry con?

This is reminiscent of the events leading up to Brockham catastrophe.

I am thinking beginning of May.

From the webinar:

Enough funds to see the current 2021 drill campaign and beyond.

Might raise if they do an acquisition (which will add value to the company), but then again may pay in shares just like CMRS is doing. An acquisition though will likely take many months as they only just started looking.

The way I see it (JMO) no raise this year.

UKOG RNS: https://www.lse.co.uk/rns/UKOG/geothermal-energy-advancement-association-5g6uo7bypzhpjfm.html

“UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the Company has become one of the six founder members of the newly-formed Geothermal Energy Advancement Association ("GEAA")”

Could Angus be one of the 6 founder members of this Lifestyle Association?

Bid is 0.77p ... and lots of really huge trades; 860 shares ... 5,500 ... 5,000 ... 1,910 ... 11,739 ... 592 ... 480 ...

Is there a leak? Do you think GL is taking a p*ss?

... hope thus at they ... read hope that they

Damn autocorrect!

Sept/Oct samples not being tested are the reason the SP is now below 0.30p.

The reason the 0.30p strong support level that lasted for more than 6 months has now changed to strong resistance.

GF f*cked up badly on this one. Now let’s hope on some explosive Greenland news soon or we’ll have to wait a couple more months for the waste pit results and hope thus at they are good and that they do have enough money in the kitty.

Another week passes ... next week is May ... and no sign of the funding deal closing.

The funding deal for which drawdown was to begin last January! ... 4 months ago!

I wonder how long this “final furlong” is?

Totally unacceptable, totally disgraceful. What a con!

Just woke up and what a surprise on a Friday ... excellent results for nuggety gold. Onwards and upwards from here. GLTA.

Kelbelle, have you looked at the daily volume? Is tiny!

Compare that with the last two placements, the one at 0.275p & 0.375p. They were done in very positive sentiment and relatively huge volumes with substantial SP advance.

George has a habit of doing placements at substantial discounts to the current SP and in the absence of positive sentiment to generate the volume, a placing now will have to be done at circa (IMO, based on past performance) 0.15p.

Unless desperate, companies do placings at opportunistic times when the sentiment is really good. Take a look at other companies too, UFO for example, with huge volumes and the SP hitting 1p (starting from <0.1p) they did a placing at 0.6p and then with the SP hitting near enough 3p, did another one at 1.1p.

We don’t have the volumes to absorb a placing now, and just in case Alba is reading this board let’s not give them the impression that we are happy with them doing a placing from the current SP level and with the current sentiment.

Just my opinion, you can do/post whatever you like ofcourse. GLTA.

@elir, that wasn’t addressed at you, take a look at the thread title please.

Stop talking about an effing placement please ... a placement now is going to be below the last two!!!! Not good for anyone of us.

They have enough money for now, see last placing RNS. Let’s just hope for some good news to breaK above 0.30p and get back on course. Fingers crossed RNS soon.

Elir,

They do have enough money - see last placing RNS (25 Nov 2020) https://www.lse.co.uk/rns/ALBA/share-placing-sjk80vwve83ergp.html

Since then a lot of warrants have also been exercised.

Extract from the RNS:

“The proceeds from the Placing will be used to accelerate value-enhancing activities across the Company's project portfolio including some or all of the following:

At the Clogau-St David's Gold Mine in Wales:

- Phase 2 of the Company's underground drilling, bulk sampling and pilot processing programme;
- Phase 3 of the Company's surface drilling programme, targeting further projected extensions to known payshoots;
- Dewatering of the Llechfraith mine area to allow for underground exploration and development; and
- Commencement of the formal impact assessments which will form part of the planning application for the reopening of the Mine for commercial production.

At the Dolgellau Gold Exploration Project in Wales:

- Further phases of the surface trenching programme, targeting some of the 10 regional gold targets discovered by the Company in its 2019 regional soil sampling programme; and
- Re-interpretation of the historic regional aeromagnetic data using modern analytical software.

At the Gwynfynydd Gold Mine in Wales

- Reconnaissance site expeditions over the mine area and in-mine risk, safety and rehabilitation surveys;
- Re-interpretation of the historical dataset and integration into Alba's 3D geological model for the entire Dolgellau Gold Field; and
- Ground-based geochemical and geophysical field programme seeking extensions to the Mine workings.

In relation to the Company's Greenland assets:

- Signing contracts and making down-payments to secure the key service providers (drilling, geology, logistics, transportation) who will be engaged to carry out the Company's planned drilling programmes at Thule Black Sands ("TBS") Ilmenite and Amitsoq Graphite; and
- Further process engineering and laboratory testwork to refine the saleable products from both TBS Ilmenite and Amitsoq Graphite”.