Member Info for Yanis2005

Jeweller JV? If it happens it should put a spark under the SP.

From the placing RNS: "In the near term, we expect to be in a position to release the structural interpretation of our underground drilling programme at Clogau-St David's this side of Christmas, together with preliminary structural interpretation from the current surface drilling programme which we also expect to have concluded before Christmas."

Wes haven’t had the preliminary structural interpretation from the surface drilling yet, I presume these will come before Xmas too.

We can also look forward to the arrival of the Pilot Plant in the next week or so.

Yes, Alba shouldn’t have a problem with planning permissions. All we need is the gold :) and we have plenty of it.

Ocelot, looks like the planning laws today are friendlier than a decade ago.

In the right thread now.

“I do like the Wales Asset. But the mining laws in the U.K. are a disaster for making things happen in any sort of timely manner. Good luck to them”

I missed this comment before, normally he doesn’t have nice things to say about Alba. But he is wrong on mining laws ... Alba seems not to have a problem with them.

Looks like planning laws at the time coupled with low gold price made Stellar give up.

That is in the wrong thread. I was responding to the David Lenigas tweet!

“I do like the Wales Asset. But the mining laws in the U.K. are a disaster for making things happen in any sort of timely manner. Good luck to them”

I missed this comment before, normally he doesn’t have nice things to say about Alba. But he is wrong on mining laws ... Alba seems not to have a problem with them.

Elir, are you assuming that all those PIs that sold read this board? :)

Excellent interview, Alba is at 13:30 in
- significant find
- structural interpretation results exceeded expectations
- infill drilling starts early January, straight after holidays
- work in Greenland next year, Amitsoq graphite, TBS, etc.

SP may be going up now, CFEP switched to buying ... ASK up at 0.42p.

There are still a lot of shares for sale, MM CFEP sitting at the ASK at 0.39p is loaded and is the one that drove the SP down yesterday and preventing it from going up today.

Surely the placing shares at 0.375p have all gone, we had huge volumes since the placing. I don’t believe that these are PIs selling at this stage and after the encouraging RNS yesterday. Very likely warrants, but why no RNS today?

R1ck5-focus, obviously you haven’t been here for too long.

Obviously you didn’t witness the BOD (GF & MN) buying shares at 0.3p when the SP was at 0.2p.

The intentions are good, they are trying, but IMO their timing for placings is very poor.

Elir, as much as we want to be positive and we believe that there is lots of value here, today’s price action was a disgrace. Too mane shares at give away prices issued. I hope GF changes course. The SP should have been a lot higher, but it isn’t. This is a fact. I still believe we will reach multiples from here but the float limits upside. I hope the 0.32p warrants are gone.

Unexpected3D, you can be positive but be realistic please.

“ I’m not worried. I see this placing and share price after this RNS as an absolute gift from GF. ”.

Would you be happier if the share price today was 0.07p? For the same money, you can buy a lot more shares at 0.07p!

The fact is .... todays trading was a disappointment for Alba shareholders and nothing will change this. The share price should have been a lot higher than here. The question is why isn’t’ it?

Too many shares issued in placings and in warrants.

However, I still believe there is a lot of upside from here and that is why I am still holding 28.75 million shares and haven’t sold any yet. The placing and the warrants held us back today, hopefully a lot of the warrants are now gone and we would move another step up. GLA.

Kelbelle, try Stellar.

Nookie, I know you are worried, no shareholder (especially long term) would not be right now after today’s performance. However, nothing has changed, the gold is still down there and there are better news to come. The issue is the discounted placings and the cheap warrants, that is what has been a headwind to the SP rise so far. GF issued too many at give away princes. But, there is a lot of upside from here to multiples of current SP. I now hold 28.75 million shares and haven’t sold any yet. Am I angry with today’s price action? Yes.

Nookie, todays price action is down to the warrants. We would have been well above 1p already had it not been for the placings and the accompanied warrants at give away prices. I hope GF is taking note. The placings and the warrants limit the upside but there is still plenty of upside to go from here. Is frustrating, is annoying, but patience aqnd hold on to your hat ... it will take off.

“I'm not a big expert but when I see people selling £34k at 0.39p I can't think of anything else but panic selling.”

IMO is not people panic selling!

Is the warrants.

Normanflare, in my opinion the SP tanked today because of the warrants, the ones at 0.32p. We should get an RNS to confirm this. I don’t believe that this is down to PIs misunderstanding today’s RNS and selling.

Ther gold is there and the share price should move a lot higher than your buy in price. Patience and fingers crossed.

You are down the wrong path. What we had today was the structural interpretation, not the actual gold content. This will come later after all bulk sampling is completed. Today we got confirmation which is ... yes there is gold in der darn hills.