Member Info for Yanis2005

The spread is still relatively tight

Buy 1,000,000 @ 0.335999
Sell 1,000,000 @ 0.323

Because the bid is still sitting at 0.32p, only ask moved up.

Also, only 2 trades hit 0.37p - one with 3,162 shares ant the other with 508 shares - nothing to write home about!

Spot on BV ... SF finance deal is the key.

No SF finance deal and is game over ... no Angus.

If the finance deal doesn’t close I don’t think any of us will stay on this board - Angus will be over for us as the only way forward to finance the BOD lifestyle will be excessive dilution ... consolidation ... then dilution again .... The Angus SP will be competing with the UKOG SP on a race to the bottom.

Elir, I don’t understand why you keep banging on about Stellar ...

Forget Stellar and forget grab sampling (which by the way other companies also do) - forget grab sampling.

Don’t you agree that Alba is going over the top with Expectations Management?

Don’t you agree that things here will be different if Alba showed some gold?

Don’t you agree that things here will be different if Alba showed us some concentrate out of the Pilot Plant?

Why do you think the SP stuck here? ... and fingers crossed it will not go any lower.

Nobody wants to be lied to ... No I don’t want to be lied to.

Stellar may be, in your opinion, full of BS ... but nobody (including Stellar) can announce false results in an RNS - it is illegal.

In any case, grab samples was only one item referenced in my post below, and other companies do utilise them.

If not for grab samples, how about showing some gold? Showing some concentrate out of the pilot plant? Doing something encouraging?

Well, I strongly believe that Alba needs to wind in a bit expectations management and do something to stimulate market sentiment.

In my opinion, the failure of the SP to appreciate is 100% down to Alba’s PR - the problem with it is too much expectations management.

They overdo the management of expectations, dampening sentiment. If you look back in the recent advances, the runs to high 0.5s was down to National news coverage - and not down to Alba’s RNSs.

There is really no excuse in not showing and talking about gold so far in to the exploration program.

We haven’t even seen the Pilot Plant - The Pilot Plant has been in operation since early January - Why haven’t we seen it in operation and why haven’t we seen some of the gold concentrate?

Talking about quartz veins maybe the essential thing from where the gold will be extracted. But, obviously, it doesn’t cut it with the market.

Other gold mining companies, in general, talk about gold in their RNSs. Some talk about drill results and grab sample results - why hasn’t Alba issued grab sample results? Stellar did and as we seen from the old RNS those results were indeed stellar.

In my opinion, Alba needs to cut back on the management of expectations and do something to generate market interest - show some gold and talk about gold.

Darkhorse,

There you go, take a look https://www.lse.co.uk/rns/ALBA/

0.6p or less by 31st March.

This is my SP prediction if no funding closing news before the end of the month. There are already 2 MMs at 0.75p Ask ready to sell.

The odds for no funding closing news? In my opinion, greater than 99%.

Every dog has his day... CLON’s time will come. Oil in Ghana is hot and lithium in Bolivia even more so - both awaiting ratification.

The time will come when the ratification talk will come up again and that will be enough to drive the SP back up, possibly higher than the 2019 high of 1.98p. If ratification occurs then IMO we will be looking at double digit SP.

I bought CLON at 1.5p to start with and averaged down. I am fully loaded now but if the SP drops lower I will be adding more. I believe that the time to build a position is when the SP is battered and is low, just like now.

Going from 0.4p to 1.6p ... is a 4-bagger. I am willing to wait.

This is my strategy on this and each to their own, DYOR.

Recent volume activity points to another move soon, in my opinion. We shall see. GLTA.

Elir, considering Alba daily volume, 137.3 million shares is huge.

The 0.32p warrants were originally 218.7 million, so 81.4 million warrants have been exercised so far. These 81.4 million shares have arrested the SP advance every time, in the last few months, driving the SP down. It is not coincidental that the SP gravitates at circa 0.32p every time there is an attempted run ... it is these warrants.

So until they are flashed out the SP isn’t going anywhere. That is why a good RNS is needed to generate interest and spark some FOMO and generate volumes in the 100s of millions. Without that there will be very little SP appreciation.

Fingers crossed, excellent assay results from the bulk samples ... and fingers crossed GF will be talking about Gold as well and not just quartz veins.

HITS, agree, it is a big IF, if they get the funding.

Personally, I lost all hope - if the funding was going to be done it would have been completed by now, certainly before the AGM. The fact that Angus posted the funding question in the Investor Questions, to me is an indication that it will not be done anytime soon.

I am now hoping for a miracle to minimise my losses ... but I am not betting on it.

I am not expecting anything James ... Just trying to ease the pain!

And there is a 1,000,000 sale at 0.71p ....

Oh ... and another 1,000,000 at 0.74p.

Bid now 0.70p ... Ask 0.75p

... and 500,000 buy at 0.749

I wonder who is still selling ... HSBC?

Update

After 5 hours of trading, volume made to 91,012 shares - getting better. Might make it to 100,000 shares by COB today.

I am not counting the 0.3p/0.4p warrants held by management.

There are still 137.3 million at 0.32p.

From the 0.42p range, 113.9 million expire on 27/3/2021 [ 0:) ] and then there are 60 million left.

One good RNS will flash these warrants out.

Great interest in Angus shares ... sentiment is booming.

Total volume traded in 2.5 hours of trading - 79,385 shares

Bid 0.75p .... Ask 0.78p

Buy 1,000,000 shares @ 0.77p
Sell 1,000,000 shares @ 0.71p

GL is doing a great job, we must send an email congratulating him .... after all the SP was 14p when he was announced, 12p when he took over. Not everybody can have such an influence on the SP. Well done GL!

I believe that most of us know what Alba needs to do to win ... An RNS like this one from earlier exploration would do it IMO

7 Feb 2013, Stellar Rersources Plc
https://www.lse.co.uk/rns/PRIM/high-grade-gold-sample-results-from-clogau-mine-i2mhm0usojoj768.html

Anything like this will put a rocket under the SP, attract new buyers and clear all these 0.32/0.42p warrants out which have arrested every attempt of the SP to run up.

Thanks Levistubbs for your thoughts. To be honest, personally, I believe the results were excellent given the nature of the deposits but the BOD didn’t really bring this home during the webinar, they should have been a bit more upbeat than they did. They overdid it with expectation management, I agree with you on that.

Anyway, I know Cyprus veery well and I do believe that CHF has considerable upside from here, I intend to add more.

Levistubbs, may I ask why you thought they interview was “shoot yourself through the foot”? I would appreciate your thoughts.

Ocelot, I hope all is going well despite how we feel. For the sake of all of us. I for one stand to loose a small fortune.

But, those of us that have gone through Brockham (forget Lidsey, GL wasn’t around at the time) have learned the hard way not to trust anything that GL says, verbal or in print (RNS or otherwise).

In Brockham’s case GL issued the Yearly Report stating that all is going well at Brockham ... 3 days later out comes an RNS saying that the well will be capped and left ... no oil without fracking. There have been numerous RNSs before that stating that all is going well.

No, I don’t believe what he says and I am sure most of the other people here.

The fact is the funding was going to close and money drawn out last January ... then it became March. Our finance specialist CEO has been working on this for over a year. As I said earlier, if it doesn’t close this month before the AGM, it never will. This is my belief.

In April I am evaluating my options. GLTA.