Member Info for Yanis2005

Has anybody noticed that the pump appears to be bigger than before and it runs at roughly three times the previous speed?

Not long to wait. Cash flow is within reach now ... really close ... Brockham is about to start within days and Alba will get 5% of the profits ... quite substantial for a small company like Alba.

frankpantangio,

You must be able to perform miracles ...

Would you care to explain how you sold this share at 2p and broke even?

Two years ago MPL was trading at 60p ... now is at 2p. How on earth you can buy MPL two years ago and sell it now and break even? Explain please.

StarBright,

I can see your argument for a company not commenting on rumours, makes perfect sense. As you say sometimes they do comment when there is something going on and Angus did just that in the £2 mil placing to buy into Balcombe by issuing an RNS confirming the placing after the rumour was started.
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ANGS&ArticleCode=01wig28h&ArticleHeadline=Response_to_Media_Speculation

IMO, by the fact that they chose to ignore this rumour, we can safely conclude that there is no placing currently planned.

Looking at the charts though, the price action looks like healthy consolidation just above the strong support level of 13p. A consolidation taking place after a huge SP increase in excess of 100% in just two weeks.

Looks like a strong blue week is ahead of us.

True, they will be back in when they realise that the SP is not falling further. The chart indicates a strong support at 13p. Serves them right to pay more for it.

Wanesmith,
You are right, the talk on this BB does not affect the SP, most of us know this. But, an article on Guerilla Investing on their Website does affect the SP. This is what is being discussed.

Baits, this is the market for you. The word placing scares some people in to selling. I do not believe there is going to be a placing now that is why I bought more on the dip. If there is a placing then I will buy more again. But, why have the price drop? Angus can put the record straight with a simple tweet. They should do that as quickly as possible, because if indeed is true, the longer they delay it the lower the placing price will be.

But I do not believe there is going to be a placing, simply for insurance just in case it doesn’t flow - it will flow just like HH, Angus drilled both. Cash will start rolling in soon.

Nothing to worry about? Why is the SP dropping then?

BB was not drilled by Angus ... HH was and it flows. Brockham was drilled by Angus ... it will flow.

No reason for a placing, cash will start rolling in.

Looks like the rumour has an effect on the SP, Angus should issue an RNS or a tweet to put the record straight. Why place now? Revenues are about to start rolling in. They can sort this out with a simple tweet, maybe they are not aware of it.

I suppose so, we know the rumor is false, cash is about to start rolling in.

Alan,

The placing rumors are on Gorilla Investing. If Angus issues an RNS denouncing the rumor.it will certainly help. Since the rumor is now public, shouldn't Angus comment on it?

IMO they are still on KL-3 because they must issue an RNS when KL-3 is completed - affects the SP.

Won't be long now.

Which weak hand got stopped out?

These MMs surely know how to make money.

I don't understand why would anybody sell at strong support levels.

Last RNS was on KL-3, before KL-3 testing was completed. Surely there will be another RNS before they move to KL-4.

No placing.

MMs clearing out stops.

Are we now testing KL-3 or KL-4?

DHC,

Alba has about 11% oh HH and 5% of Brockham. Also has other mining assets but as yet they don’t contribute to the SP. As you say, Alba is grossly undervalued.

Alba SP IMO, from my experience is linked to the Ukog SP, tends to follow the Ukog SP up or down. Right now Alba and Ukog, IMO are strong buys. 0.39p is base for Alba and 1.85 for Ukog. Next RNS will see them both appreciating, I just hope Solo is done selling.

DHC,

Once SOLO is gone (I believe they are still selling) UKOG SP will rise, just Angus did after Bergen was gone.

Last TR-1 indicated that on 12th October Solo had 162.0 million shares (2.91%). Since then Ukog traded a total of 675 million shares ... this is more than 4 times the number of shares that Solo had on the 12th October.

IMO, Solo is almost sold out by now, the next RNS will see them cleared out and the SP settling above 2p. From there on will be onwards and upwards and the sub-2p levels will be history. Anybody selling now will be regretting it, IMO.

The RNS with the update will land soon. GLA.

DHC,

IMO we need an update to generate the volume to clear Solo out. Onl;y then will the SP rise.

Btw, I would not want Ukog to follow in FRR footsteps. Have you seen the number of shares in issue FRR has? Upsite is severy restricted. IM.