Member Info for Yanis2005

BV, Buy shares back? Are you not forgetting that GL promised dividends?

James, if they do take it up the SP should jump to over 1p.

If they don’t take the placing up by next week, then we should put an Investor Question in asking why not?

I know that BV 0:)

That is why the question mark - will they take it up???

RNS out

All resolutions passed.

So, the 15 million placing at 1p is now approved.

Another RNS tomorrow morning to say it has been taken up?

Has anybody from here attended the AGM? Resolutions past?

AGM finished?

CJ, fully agree. They need to show some gold whilst searching for the quartz veins. They need to keep sentiment up. IMO, If they carry on down this route, I.e. keep searching and finding veins without showing gold, the SP will sink.

They need to cut back on expectations management and give the market what it needs. Take the market along the journey. Time to look after the shareholders.

A bit puzzled, Baits has the right to do what he likes like everybody else, but based on what he posted I would have expected Baits to hold a bit longer?

IMO, must now believe that funding will not be concluded - else why sell now? Logic dictates that would have had a lot more profit after funding completion. Each to their own decisions ofcourse.

TullyCrow, both GF and MA are confidently talking about the quartz veins - were the gold will be found, but this is the end game.

In my opinion, the market needs to be dragged along the journey in order to keep the sentiment up. The SP is in the lows, we should have had a series of sampling results announcements to keep sentiment up, but GF’s management of expectations is killing it now and restricts potential upside if and when good news are released.

It is not the fundamentals that matter ... is people’s perception of the fundamentals that drives the SP up.

Baits, you now cleared out? Gave up on waiting for funding completion?

I agree with Crocqman on this and I think I followed the same journey.

Angus now is all about SF now and the slippages in funding are of concern - no funding, no Angus, game over.

The only straw I am clutching on to right now and stops me from cashing out is the involvement of Forest Nominees and the large amount of money they invested in Angus which obviously is for SF.

It does not look like that they are another Rupert, but if they don’t take up the 1p placing following today’s AGM I will take that as a red warning.

CJ, the 36 tonne bulk sample is a mixture of old ore and underground drilling - correct?

TullyCrow, I understand what you are saying. However, personally, I believe that results will be good, but this is GF for you and his excessive, way over the top, expectations management - doesn’t help the SP.

Not following the norms and issue sampling results as he goes along kills sentiment. Irrespective of how some market gurus on this board are saying ... that they are willing to wait a lot longer for the results so that we can get a proper evaluation of the asset, the market is not operating this way ... the market wants to be dragged along the journey.

Elir, I fully agree with you. GF should have issued sampling results by now, just like every other mining company on AIM is doing. By withholding these results is not doing the SP any favours.

I suggest that all concerned shareholders contact Alba expressing their concerns.

- 36 tonne bulk sample.
- We were told that the Pilot Plant will be operated at 1.5 tonnes per hour
- Let’s just say the Pilot Plant will be operated on 4 hour basis per day (instead of 8 hours)
- One day, 4 x 1.5 = 6 tonnes
- 36 tonnes / 6 tonnes per day = 6 days

This means the 36 tonne bulk sample would have been processed (finished) in January, they started processing on 20 Jan.

The 2nd Feb RNS talks about sampling throughout Q1 ... then sending all concentrate to the lab. This would imply that the 36 tonne bulk sample grew ... is not 36 tonnes anymore but a lot bigger!

Confusion ... confusion —— not good for the market.

Relax guys ... only 1.8 million shares traded so far ... there is no selling yet! Ok, there is no buying either ... everybody is waiting for news!

Greenland planned work:

- TBS: more drilling to increase ilmenite JORC

- Amitsoq: drilling to come up with graphite JORC

Yes, it maybe in their longer term interest to take the placing up as it will boost the SP, but IMO they will only do this if they know that the funding will close.

If they do take them up I think we can expect to see the SP over 1p straight after that.