Alba Mineral Resources Share Discussion Threads

[glenkaz] 25/7/2017 07:16

🤠 1p is gonna blow imo 💣

[lovegod] 24/7/2017 21:10

Every day is a gamble

[glenkaz] 24/7/2017 21:06

Barnes arnt we all! 🤔

[barnes4] 24/7/2017 20:51

Gambler pure and simple

[glenkaz] 24/7/2017 20:49

Ukog the daddy 0.8 5.7 rising! Do the maths here! I'm in at ukog 1.6 lots have cash will splash! .... here! Angus will go up a bit here bags and bags! IMO! To! Gla! 7p target! Lol! Booooom! 🤠👌

[datait] 24/7/2017 20:45

Well over 1p tomorrow the big boys are buying up the shares. Ukog has surged alba now doing the same and watch out as solo will move up quockly aswell.
Stocks to be in
Ukog
Solo
Alba

[cudmore] 24/7/2017 20:31

Thought there would have been a dip towards close but instead it picked up. This is looking so good right now for shareholders with the potential of multi bagging still from this price despite the 100% profit I've made already. Happy days!

[stallone10] 24/7/2017 20:27

So what's Alba valuation together with the Graphite.?

[glenkaz] 24/7/2017 20:08

Think some ukog profit gonna come flying in here! Hold on to your 🎩 's 1p gone v soooon! IMO! 🌭 Yum yum!

[glenkaz] 24/7/2017 19:32

🤠yeeehaaa most upside right here folks!!! Re reeeeeeeeeerating! 🍔 Chomp! Chomp! Fries 🍟 on there way! 👅

[dudleym1975] 24/7/2017 19:30

RE: ValuationI have extended the valuation to all 4 companies below so you can see where the most value is left in buying these 4 Companies. Company /%HH / fair value share price HH only/ Current share price ALBA. 10. 0.81p. 0.68p UKOG. 32. 1.39p. 5.95p SOLO. 6.5. 0.13p. 0.24p PRIM. 6.5. 0.61p. 0.33p IMO ALBA and PRIM have the most upside here. ALBA has Brockham too but it really looks like they are going to get hit a with a placing soon judging by their issue of equity RNSs past frequency. SOLO has passed fair value for HH. UKOG are kinda fair value if you assume BB-1 well has the same flow rates and resource size as HH and BB-1 is fully owned for UKOG. Then value approx 1.39p + (1.39×3) = 5.56p but this does assume well flows back with good pressure. Hope it does but have been watching 88e aware not to count chickens too soon!!

[glenkaz] 24/7/2017 19:25

🤠 liking my new phone 🤠✌A039;

[dudleym1975] 24/7/2017 19:25

Interesting post from lse poster batgirl take note chapsValuation of HH onlyHi all, been valuing HH which we own 6.5% of the oil. Valuation short term using the last flow rate test and longer term using the full field size of 10 billion barrels of oil. We await the Surrey council meeting August or September for agreement (hopefully) that we can do long term flow testing for up to 9 months so will give us some more oil to sell for funding. This is just valuing the oil side of PRIM not Fresho or the gold mine + other investments made by this board. Flow test at HH is 1688 barrels a day for upper/lower Kimmeridge and Portland. At £30.77 a barrel for 365 days this is £18,958,012 yearly. (using 40 dollars a barrel). Only 6.5% of this is ours so £1,232,271 yearly. Multiply by a Pe ratio of 8 is £9,858,166 as our mcap. Divide by the number of shares in issue which is 1,601,882,500 gives a value price for each share of 0.61 pence. (When I carried out the same calculations on UKOG and their 32% share here I get a value of 1.39p a share. They are currently approx 5.1p a share which I can only attribute to high expectations pre BB flow test results and the numerous other wells they have at various sites and stages of life cycle, some of which are already in production phase). PRIM has been slower than UKOG to re-rate as we're not an oil company took people longer to catch on. On a long term basis the licence oil fields PEDL 137 and PEDL 246 have an oil in place estimate of 9.97 - 10.99 billion barrels of oil. After last UKOG RNS looks like this may be upgraded at sometime too as weald more promising than we thought. We await log from BB-1 RNS to see more indication if oil in ground gets upgraded for all weald oilers. So if I take a field size of 55 square miles as is the case here and with 10 billion barrels of oil in place. Then 5% approx recoverable is 500 million barrels extracted over 20 years by drilling more wells like we are asking for planning permission to do, gives 25 million barrels a year. At £30.77 a barrel is £769,250,000 a year with 6.5% being ours which is £50,001,250 a year. Times this by a Pe ratio of 8 to value us this gives an mcap of £400,010,000 Shares in issue is 1,601,882,500 so long term a share is worth 24.9p each. Ultimately what you decide to value a share at is up to you, decide your own pe ratio to use and oil price...this valuation is fairly conservative, HH probably will get an oil in place upgrade and a different rate on long term flow test, but IMO the shares are definitely undervalued on mcap at the moment. GLA.

[glenkaz] 24/7/2017 19:19

🐂 run has commenced be art of the dream 777 🤠

[smraynot] 24/7/2017 19:18

Agree 1p tomorrow and 25p in the not too long term. A real gem!!

[smraynot] 24/7/2017 19:16

1p+ tomorrow, dont miss the boat!!

[barnes4] 24/7/2017 19:06

Omg glen what are you on

Classic private gambling!!!

[glenkaz] 24/7/2017 18:53

My sell price 6.99p or is it £6.99! Lol! AIM loves alba 💕❤5039;

[glenkaz] 24/7/2017 18:51

Yep prim is going up to ✌️

[ny boy] 24/7/2017 18:49

Dudley, I'm in PRIM fr 0.2p, hopefully a big riser to come over the year.

[mikeygit] 24/7/2017 18:30

Now todays national news on the Govts investment into Electricity and lithium batteries may give this share an even bigger boost, double edged sword comes to mind---Oil & Lithium!!! Onwards & Upwards!!

[tmmalik] 24/7/2017 18:21

That's mainly it's undervalue5% intrest in one of Angus projectHH planning permission in few weeks Graphite project on bonusIf they find any element of gold that will take share price to 25pIn my opinion it will touch 1p but after that it depended on planning permission results and once cash flow starts in feb 2018