Member Info for Yanis2005

Multiples of pence for Alba SP is highly possible ...

BlueJay in December 2015 was 0.5p ... in January 2016 was 1.5p ... now 20p +

And Alba is got a lot more iron in the fire and is soon to start receiving an income from oil sales ... I wonder, where will the Alba SP be in 3 years time if a TBS JORG lands in this year ... and what if some of the other assets come good too?

Ok, let’s not get too carried away ...

Scully, 0.372p

Ifonly1, you bought in to Angus? Welcome on board.

Thanks Krull, I am confident we will all make money out of this.

Nerves? Can be tricky sometimes. I must admit, even though I am normally very confident about Alba, the Spreadex situation had me in doubts and a bit on edge. I followed my conviction though and took the opportunity to add more. Wasn’t easy at the time :).

Krull, that makes sense, and such an announcement on top of Brockham ... would really start the fireworks :)

Whatsoccuring, I bought in first time last August, initially from news on graphite. I then researched it further and begun adding. I added shares with purchases between 0.6p and 0.26p. I used the recent placings and Spreadex opportunity to buy a substantial amounts and bring my average down.

I don’t have any more spare cash, if I had I would buy more. I think this is a very rare opportunity - Alba has many assets each one a company maker in its own right and we have a very sensible and excellent CEO in GF.

I have one more non-Weald share left which I am waiting for it to recover. Once it does, guess where the money is going? :)

CofE, current holding is still the same, around 14.5 million. Haven’t added recently as I don’t have anymore spare cash. If I had I most certainly would add some more, call me greedy if you like but opportunities like this don’t come often.

Whatsoccuring, lol ... NO.

Only had Alba since last August and managed to build up a nice holding though. :)

That is possible Krull, but I don’t like mark ups in SP without news because the MMs might bring down again :(. They will not be able to hold it back on Wednesday afternoon though :). What news did you have in mind?

CofE, we know that the Alba fundamentals are excellent to start with. The technicals right now, IMO support the fundamentals.

We had the recent negativity that dragged the SP down but we had a very nice bounce of the 20-DMA and closed just above the T-line (8-day EMA). We haven’t cleared the T-line by a good margin to give positive confirmation of a reversal on retrace and could drift again. However, we do know that news on Brockham are coming on Wednesday, so possible to stay more or less where we are on Monday & Tuesday But come Wednesday afternoon news of SCC approval could see the SP clearing 0.7p and setting up a new higher base.

CofE, 2005 is the year I changed my email address, had to pick a number to go with the Yanis.

Exactly right Scully. There is nothing wrong with taking a profit at the right time. When the time is right is subjective, but as you said Alba has legs, I fully agree with that, and is not being greedy to wait for more.

The SP rise is at its infancy right now. There are a lot of catalysts in the near future that will fuel the SP - HH, Brockham (this will be the first asset to start generating cash for Alba and soon, assuming SCC approval which very likely will be obtained in 3 working days), TBS, Inglefield ...

Magellan owns 35%

Does your interest in Ukog mean that you are considering buying?

Pijoe1212,

You seem to be very interested in Ukog. Does that mean you are going to sell Hurricane and buy in to Ukog? Just wondering.

Dropzone, yes you are in profit, I didn’t deny that, any profit no matter how small is a profit.

What I meant is that with R&R you could make small profits with every trade if you are erxperienced and if you time it right. If you don`t time it right then is a loss. Dangerous and stressful game if you are not we’ll cooked.

So, cumulatively, over the last couple of months did you make a big profit? Personally, I don`t class £4.5k over two months as big.

What I meant is that when you get a good stock (and Alba is a good stock) you can make a lot more money without the stresses and the risks of R&R when you buy in and patiently wait.

If you got in at 2p you would be sitting on 37.5% loss right now. Not very easy to try and trade ups and downs.

Dropzone, I don`t wish to brag but you are encouraging people to daytrade more or less and that is a dangerous game.

Rinse and repeat (R&R) what ever that really means. Isn`t R&R hard work? How many times will you get a chance for R&R? News don’t happen every day. How much profit have you made over the last couple of months by R&R?

I sat on Alba, now @ 0.50 SP (I know it closed at 0.54 but I am basing mine on a few points behind) I am circa £25k up. Did you beat this? And mine is increasing without the stress. And, btw that is only profit from Alba, not counting Ukog and Angs.

When you have a good stock the best strategy is to buy and wait. Alba jiournery has only just begun.

Mrcautious, if DL he simply ``steps back from anything way before it comes to fruition``, as you put it - why has he still got an interest in the Weald and why is he still currently giving interviews as HH comes to fruition?

Was at the same EWT rules/procedure followed at Wytch Farm? Eh?

Wytch Farm: 700 bopd ........ 110,000 bopd

HH: 1,688 bopd .... pick your number