Member Info for Yanis2005

Volume now at 400,000 ... taking off gradually.

Hydrocarbons already showed (Methane), next RNS could see this open above the resistance at 3p.

Buys started coming in! It is a slow take off ...

Buys started coming in! It is a slow take off ...

Market is finally waking up!

True ... great rns but looks like people havn’t read it yet! Only about 21,000 shares traded so far. This is an excellent stock with quite some big shareholders, low float, and low free shares in public hands (<46%) http://www.mercpl.com/article/shareholder-information/7

This was expected to re-rate upwards after this news. Nothing is happening. Strange! Opportunity to top up?

Incomprehensible response, we always new we had to get at least 30% of the water out before connection to the reservoir ... we are not there yet!

Excellent RNS, everything as expected ... SP drops. Mind boggles, why did these panic sellers buy in in the first place?

Hi Rambo, We are on the same tune. We as shareholders need to bring this home to George, bang on his door. Personally, I am sending emails to ALBA, but no response yet. I wish they do a shareholder questions and answers session, or allow and have a specific page for questions and answers (FAQs) on their website if they are too busy. After the OGA news this past week, the ALBA SP should have taken off, but it hasn’t. In fact the pressure is still downwards and that puzzles me. UKOG traded 800 million Last Friday, we haven’t even managed 40! George really needs to do more.

Rambo, I agree with you in that TBS has huge potential, this is one of the main reasons I am invested here. I do believe that for the markets to take us seriously the plans need to be more convincing. So far, there is nothing in writing (in an RNS or corporate presentation or ALBA website) stating that we are moving as fast as possible towards JORC certification. There should be a target date for obtaining JORC certification, irrespective of whatever Blue Jay is doing. IMO of course.

I am heavily invested in this but I try and keep as level headed as I can be and see things for what they are, not what I wish them to be. At the present time, ALBA sentiment is very negative even though it has tremendous potential. If marketed and developed properly the SP will increase significantly and this is evedent from various third party reports that value ALBA much much higher from where we now are. Currently, ALBA is not adequately promoted hence the SP. At a quarter of a penny the SP is where it was a year ago and for me it has to go up by about 100% to break even. I am not yet worried as a change in market sentiment can move the SP up past my average buy in price very quickly. On the issue of more wells, mentioned in the RNS, more wells means more cash. We really do need to see the SP go much higher up before any more wells are due to be drilled. Unlike other mining companies, ALBA is in a unique situation as HH revenue and profits can be utilised to develop the mining assets, minimising share dilution. I do hope GF really comes up with a timetabled plan that he can sell to the markets. I do appreciate that things in mining take a long time to develop, Blue Jay is still not there yet, but their SP went from 2p to 20p++ in about 2 years. We have better potential, yet our SP has gone nowhere in the last 2 years, nothing was added to shareholder value (as measured by the SP). What is Blue Jay doing that we don’t? Is time to add to shareholder value. Is time for GF to convince the market by coming up with convincing plans. IMO, since we do not have unlimited reserves of cash, he should prioritise asset development and add a timeline to make them believable. For example, if we are aiming for TBS JORC, surely GF knows the steps that he has to go through in order to achieve certification, it should be easy to attach a target dates to the various stages. Just like it was done for HH development. GLTA.

MrMagoo, the Align Research article makes some good reading indeed. I have seen other articles with similar evaluations earlier on and it seems to me that these research bodies are doing a lot more to promote Alba than our CEO GF himself - he has not managed to convince the markets yet. We had no clear timeline for developing anything other HH so far. Last mining projects update (Alba website dated 2 May 2018) is as vague as before, no timelines are given http://www.albamineralresources.com/ul/20180502%20RNS%20Mining%20Update%20FINAL.pdf IMO, GF really needs to prioritise this mining asset (in view of Blu Jays success which we now have as a blue print) and come up with a clear development plan with a clear timeline for developing TBS. Prioritise TBS because it will take a lot of money and time to pursue all assets at once. Give the market a clear target date for obtaining JORC certification and get that. He does not seem to be in any hurry atm and the market is not taking us seriously.

We are about to tick up. Ask at 1.90 is almost gone.

Let us hope for a positive and well written RNS ion Monday.

Need news to reverse this negative sentiment. As per the last RNS flowback through the separator started two days ago. Is it too early for a hydrocarbon show? Could we expect an RNS on Monday?

Below 0.3p coming from? Around 300 million traded below the placing price (nearly all must have come from non PIs), Does not make sense. 10 mil trade at 0.27 just gone through and no sign of the ask at 0.28 weakening. Very strange!

403 million shares traded in less than 1.5 hours. Very impressive. 9 mil trade at 1.22p, 5 mil trade at 1.225. Resilient.

Pdub, your posts were very reasonable, knowledgable, practical and balanced. Enjoyed reading them. Very good point about Angs learning from what is happening now and in future dealings with the council anticipating the kind of questions that may be asked and provide the info in advance to avoid delayed. Please keep posting.

UKOG is placing, pre-market bid / ask dropped to 1.10 / 1.15, yesterdays close 1.50. ALBA is not placing, pre-market bid / ask 0.23 / 0.26 dropped from yesterdays close of 0.26 / 0.28 !!! Doesn’t make sense, there is no reason for it, ALBA is fully funded.