Alba Mineral Resources Share Discussion Threads

[bayliea] 02/8/2017 08:41

Yes possibly. This should climb into the afternoon as UKOG will.

[7767] 02/8/2017 08:39

Thanks Bayliea
Or a fund switch within an institution??

[bayliea] 01/8/2017 22:17

7767- The 8m trade on Lse is listed as "Delayed Publication" and "Bargain Conditions Apply", a late report trade between institutions. So institution buying from institution.

[lanty33] 01/8/2017 21:43

So you are an expert?

l33

[graylyn1] 01/8/2017 21:42

people buy and sell shares for their own reasons and timings, read into it what you like!

[7767] 01/8/2017 20:31

8+ million sold in UKOG ( one seller at 7.1p) after the close, is there anything to read into this with late sales in Alba as well???

[graylyn1] 01/8/2017 20:01

Dr Jekyll yes seen that one and posted it the other day, it gives a bit of an insight into what ALBA have, I think the Brockham Oil Field should give us some extra umph when the necessary OGA approval is in place, which I think is immanent.

EDIT:
The Brockham X4Z well, drilled in Q1 2017 to a total depth of 1,391m, was planned to evaluate the Portland, Corallian and Kimmeridge formations at Brockham, including an evaluation of the Kimmeridge reservoir that had been demonstrated by the Horse Hill discovery 8 km to the South.  Horse Hill Developments Limited (“HHDL”), the operator of the well at Horse Hill, in which project Alba has a 9.75% economic interest, has announced cumulative production rates of over 1,500 barrels per day in short term testing.

The Brockham X4Z well was intended to establish whether the evidence of a potential reservoir reported at Horse Hill extended further north into the Brockham licence. The well was therefore intended to answer three main questions: Is the reservoir section in Brockham similar in thickness and reservoir properties to what had been reported at Horse Hill?  Is there evidence of naturally occurring fractures to enable production of oil using conventional means?  Is the content of oil in the Kimmeridge similar to Horse Hill where oil was tested at substantial rates?

[dr jekyll] 01/8/2017 15:23

The above is a brokers note for Alba which should be of interest to many. It has an share price target of 7p

[7767] 01/8/2017 14:32

I think so may were sold in after the announcement the other day that the MM's have a lot of stock on board to shift before moving the price IMO.

[25wbh] 01/8/2017 14:09

I also think so cudmore very much undervalued, looks as though a little more interest is being shown

[cudmore] 01/8/2017 13:55

Can't believe these aren't at least 25% up today like UKOG. Out of the two I'd say these have to be the more undervalued imho

[falia] 01/8/2017 09:17

guys blur red to blue , short squeeze happening quick

[rwatson2] 01/8/2017 09:09

You need to change your algorithms ?

[cudmore] 01/8/2017 09:08

1p here we come

[dreamtwister] 01/8/2017 09:04

in for the graphite as it is in crictical supply plus the bonus of the black sand,
other graphite producers listed on aim are having a tough time with the tanzania goverment with tarrifs & sanctions i hope alba will fast track the graphite to fill the loop hole

[tmmalik] 01/8/2017 08:47

After doing 2 hours of building complex algorithm I came to conclusion that Alba share price should be 0.79 against ukog 7.45p.So bought more in Alba rather than ukog

[pauliewonder] 01/8/2017 08:06

Great start this morning. Found a floor to the share price at around 0.4.

[25wbh] 01/8/2017 07:56

Not that impressed with the RNS about the sand but am very happy with the Graphite holding. And with that we need to find someone with deep pockets to "Farm in" However the oil situation is very much the focus today.
good luck everyone

[thehitman1] 01/8/2017 07:48

Good news, 1p nailed on.

[stephen2010] 01/8/2017 07:44

Someones jealous with their red ticks. Bless

[stephen2010] 01/8/2017 07:30

WOW!!!!

1p plus easy this week on that RNS plus the link to UKOG

[joshondale] 01/8/2017 07:22

Cath, you will always get problems in countries with inhospitable climates. Alba seem to be clued up.

[pauliewonder] 01/8/2017 07:14

Great rns and free too. Happy days.