Member Info for Yanis2005

Pixiet, we already know they found gold at 20.7 grammes per tonne of concentrate from the sample they already sent to the laboratory. I just wish GF will drum this a bit more though.

Pixiet, I am sure ALBA is working to a plan, but you make some good points in all that. Have you thought about emailing ALBA with your questions/concerns? They normally respond to polite requests.

Pixie, there are no gold results in this RNS because the assay results will come at the end - end Q1 (another 2 months maximum)

I must admit, I misunderstood the purpose of the pilot plant; I thought is producing gold - is not. The pilot plant produces concentrate and when all is done, it will be send to an independent laboratory for assaying. Is in the RNS. Patience.

Pre-open level 2 is strong. - 4 MMs at 0.35p now. GLTA.

Good point Galifreyan. I may do another top tomorrow near placing price. All the indications are positive for the SP to go up ... follow the money:)

Original placing at 0.6p, IMO was absorbed by Forrest Nominees. This is the last of the current one at 1.0p.

Now that we cleared the original 150 million shares at 1.0p ... we can move up to the next level for the other 75 mil at 1.2p.

Lol Ocelot, I knew you will find the positive in it :)

50 million shares today. At least we must have cleared the original 150 million by now.

It just doesn’t’ make sense, people damping. These new shares are not yet available for trading until April.

Going to drop to 1p maybe below

And now both bid and offer are at 1.05p!

Now both bid and ask at 1.05p!

£12 mil funding to be closed in the next couple of weeks.

Just had a placing that will raise £3 mil+

Why this one and why wait for another two months (31 March) to approve it - confused.

Another small placing!

Not the kind of funding we been expecting for end of January!

A bit confused on this one though - Conditional on approval at the AGM, 31 March ???

Cjmorley, exactly!

Alba issued a confusing RNS. We should not now be saying ... I think they did that, or ...

We should know exactly what they done.

The annoying part is that they issued that confusing RNS ... knocked the SP off ... and then stayed quiet about it for over two weeks now.

Cjmorley,

I am no expert in gold production, just like the majority of shareholders. But,

Alba collected different samples from underground, from the drills and other places. So they had a collection of bulk samples. Ok so far?

They said they will send a 3-5 tonne bulk sample to the laboratory for analysis - correct? - Yes.

Did they do that?

Buzzby, the final results were always going to be at the end and sampling would be done by the pilot plant.

The problem is that Alba announced back in the Summer that the first sample (3-5 tonnes) will be send to an independent laboratory for analysis - they did not do this.

Instead they sent concentrate to them laboratory and come up with that confusing RNS without explaining. I don’t believe they are hiding anything, they just deviated from the announced plan and then came up with the confusing RNS with no explanation.

IMO, they rushed the RNS. Then they saw the market reaction ... and what really annoys me ... that was over two weeks ago and they did nothing to rectify it.

IMO, the reason the market reacted negatively is because it was expecting an RNS to announce X grammes of gold per tonne in that sample, not a confusing RNS which effectively said all going to plan.

Elir, yes. With L2 you can see the MMs.

Elir, they raised cash for Greenland and they haven’t started yet due to Covid. Another placing now is not justified. If it happens though, that will be me gone.

TullyCrow, bid moved up now - 2 MMs at 0.34p - first time since Wednesday (to have 2 MMs at 0.34p)