Member Info for Yanis2005

MPO818, would that be Christmas 2020, or Christmas 2020 + Christmas 2021 + Christmas 2022 + ...?

Is quiet now because we are awaiting for the results.

Selling and buying back like some are doing here is taking a big chance - IMO.

Yes, the results are not due in yet but (IMO - make your own decisions) an RNS on
- Joint Venture with Jeweler completed, or
- Pilot plant is on its way or arrived at site
can land anytime now.

Then the SP will in all likelihood shoot up to a higher level leaving those that sold behind - Just my opinion and not a solicitation to hold as I am doing, each to their own decisions.

2.70

MrOO8, you cannot compare UKOG's oil predictions with mining predictions, if that would be the case what do you do with GGP? UFO?

For the annoyance you been causing here ... I do hope you are spread bet short on ALBA ... then you will find out about mining predictions :)

RISK - Let's consider some numbers (Note: This represents my view, do your own research)

The Daily Telegraph, 24 May 2020 "There may be as many as 500k ounces of gold in the area, and with gold currently selling at around £1.5k-an-ounce, it could be worth £750m"

https://www.telegraph.co.uk/news/2020/05/24/gold-mining-company-lodge-planning-application-dig-snowdonia/

Let's work on this, and NOT consider Greenland assets.

Current Alba MCAP is £26.39 million at an SP 0f 0.45p.

The estimate in the Telegraph puts the value of gold at £750 million (some would say this is based on old data).

Let's not look at the whole amount of £750 million, let's look at 10% of that.

10% of £750 million is £75 million and this is equivalent to an ALBA SP 0f 1.28p.

Now, Clogau gold trades at a premium, currently trades at up to 30 times normal gold, https://www.clogau.co.uk/aboutclogau/welshgold.aspx

This premium is expected to reduce to 3 to 5 times standard gold when we start producing and this will put the Daily Telegraph estimate to between £2.25 and £3.75 Billion.

Stick to 10%,and 10% puts the Telegraph estimate to between £225 and £375 million which is equivalent to an ALBA SP of 3.84p to 6.40p.

To summarise, and working on 10%
Telegraph estimate, 10% is equivalent to an ALBA SP of 1.28p
Add premium 3-5 times, 10% is equivalent to an ALBA SP of between 3.84p and 6.40p

Now, do your own estimate of how much they can recover from Clogau and add Greenland assets.

Disclaimer: my calculations, my views - do your own research.

Northern_Scot,

What you say is true.

Currently the Premium is up to 30/40 times normal gold.

When production starts this premium is expected to substantially drop down to 3-5 times.

This puts The Daily Telegraph estimate from £0.75 Billion to £2.25 to £3.75 Billion.

This is £2,250,000,000 - £3,750,000,000 many many times the Alba MCap.

This equals to £225-375 million for every 10% (of The Telegraph estimate) recovered.

Alba current MCap is £26.5 million.

Just to throw some numbers in based on reported estimates.

We are in Q4.

And don't forget that the Pilot Plant is on FIRM order - you don't place a firm order unless you know that you need to use it.

Buckle up and hold on to your hat.

... and that is an old report.

Now, Mining Weekly

Alba’s Clogau pilot plant to be operational in Q4

https://www.miningweekly.com/article/albas-clogau-pilot-plant-to-be-operational-in-q4-2020-10-05

cntu123,

500,000 ounces of Clogau Gold worth billions when you include Clogau premium

https://www.telegraph.co.uk/news/2020/05/24/gold-mining-company-lodge-planning-application-dig-snowdonia/

Dropzone in disguise?

I don't believe for a moment that there are long term holders that are under water atm.

Long term holders that didn't add to their holding below 0.1p?

Gkb, each to their own. I respect your views, I just cannot understand it.

Maybe is the way I see things. You have every right to post what you like here ... just like me. I simply made a point that suits my point of view.

TBH I don’t understand how somebody can have a holding here ... have an interest and yet be so negative.

This is AIM. As I said earlier Good Luck.

Gkb, yes I do.

Life is too short. If you think there is no hope here ... sell and move on. There are better placers to be.

Like you after Brockham I was really ****ed off.

But this is AIM all companies are generally the same ... one will be struggling to name one company that didn’t go all they way up (some to the stratosphere) only to come back down again.

You can moan and complain all you like ... it is what it is. You don’t like JP-T and LL, don’t waste your life here.

I happen to believe now that there is a play here, the Poundland gas as you call it will pay off. That is why I adde to my huge investment here.

They life of me I cannot understand how one can have money riding on this and be so negative. Good luck.

Patience.

Our share price is holding despite relatively low volumes despite warrant issues. Today’s volume was tiny, yet the share price held. People are holding on to their shares because like me they feel it in their bones ... that the results will be good. Last results by Stellar a few years ago were indeed stellar.

Our share price moved up from the lows and stayed up ... and I believe that when the results come out ... we’ll will launch to much higher levels.

Before results are announcement there could be other news equally important ... joint venture, Pilot plant ... that should prime the SP further up. And this is not counting Greenland.

That is my belief, DYOR, this is where my 28.5 million shares are resting. Not selling a single share waiting for the real big gains. GLTA

Crocqman, no point in trying to get sense out of these guys with obviously an axe to grind. They own no shares, they are not short any shares, and yet they are posting 24/7.

All the bad news are out and there is only one way for the share price to go. Let them have their fan talking to themselves. To me this is an opportunity to further average down and increase my potential gains.

Leeds, from yesterday's RNS

"Company's underground campaign at Clogau not expected to be affected by Welsh Government coronavirus restrictions announced for the period 23 October to 9 November 2020"

NOT AFFECTED.

https://www.lse.co.uk/rns/ALBA/update-on-underground-programme-at-clogau-mine-waysvf6ctwmfxlm.html

They held the BID at 0.46 with the ASK moving up from 0.47 to all the way up to 0.51 ... Could the MMs be looking for shares?

From the 5th October RNS - "Given the current lead times for manufacturing and shipping, the Company now expect the pilot plant to be fully operational sometime in Q4 2020, this being subject to the timely receipt of regulatory approvals and no additional delays being encountered in the shipment of those ordered items".

The Company expects the Pilot Plant to be FULLY OPERATIONAL sometime in Q4 2020.

We are in Quarter 4 2020 ... Buckle up!

https://www.lse.co.uk/rns/ALBA/update-on-work-activities-at-clogau-ycfelom2p74itac.html

BolivianBamks, see extract from the 7th September RNS posted below by KuroMaou.

"The Company does not expect to release results until following the end of the programme and once laboratory assay results have been analysed and assessed"

However, you may have a point there regarding AIM regulations, not sure how it works.

Exercising of the warrants shows confidence in the SP ... and the Company gets more money.