Alba Mineral Resources Share Discussion Threads

[moneymunch] 28/4/2017 15:55

Leaky leaky????

They want your shares.....BIG news and SIGNIFICANT upside coming......watch out for a surge into close imho....Gla holders....Tick Tock Tick!!!! ;-))))

[moneymunch] 28/4/2017 11:31

Up we go.....momentum upwards from now in....OGA approval for Brockham's production close....Significant upside on confirmation....production expected June-ish...and then permit approval for HH eagerly awaited extended flowtests and more good news expected on Amitsoq's graphite and gold with drilling planned for H2 201.Gla holders..a stellar transformational year ahead on free flowing limestones in commercial volume at a Brockham and/or HH.....a game changer and multi-bag on both, and Amitsoq could be bigger again with 100% interest with a Major suitor keen on a JV....amongst the highest grade graphite in the world. Gla ;-)

[moneymunch] 28/4/2017 07:39

OGA approval for Brockham's completion/production coming soon....SCC's local elections next week!!! Gla holders....fingers crossed for continued upward momentum as the share price bounces from the bottom and heads back to fair value to reflect Alba's outstanding prospects at Brockham, HH and Amitsoq.....On and Up!!! ;-)

Drill or Drop 29th March 2017

Angus Energy said it had not been notified formally by Surrey County Council that it had breached planning permission at its oil production site at Brockham near Dorking.

The company remained adamant that it had done nothing wrong and said it would not apply for retrospective planning permission.

Speaking at the company’s AGM, Executive Chairman Jonathan Tidswell-Pretorius said the first he knew about the breach allegation was from a website.

The issue had initially been reported on 9 March 2017 by the BBC regional TV news programme for London. The item included a statement from the council that it was “extremely disappointed” that Angus Energy had “acted without planning permission”. (See also DrillOrDrop report)

Mr Tidswell-Pretorius said :

“When we saw the BBC News recording, that’s when we got a bit of a shock.”

Answering questions, he said had received no communications from the council about a breach:

“We still have no formal correspondence from them”.

He said if there had been, the council would have put the company “on notice” straightaway. He added:

“We’re not in breach”.

Afterwards he confirmed to a person at the meeting that the company would not apply for retrospective planning permission.

Permission in place for “even more wells”

The company said its planning permission covered production from existing wells “and even from more wells”.

Managing director, Paul Vonk, said drilling a side-track was covered by the existing planning permission. It was approved under “maintenance of on-going production”.

The company hinted that confusion over the side-track may have arisen because the council had diagrams of the Brockham site that were different from those provided by the Oil and Gas Authority.

Angus also said it had “constant engagement” with the Brockham community, which was fully-informed and “up-to-date221;.

It said it had invited the parish and county council to the site, as well as people who had protested against the operations at Brockham.

OGA seeks further information from Angus

A spokesperson for the Oil and Gas Authority told DrillOrDrop

“The OGA held a meeting with Angus Energy on 16 March to discuss the operations at Brockham and has subsequently sought further information from the company about its operations.”

[moneymunch] 27/4/2017 09:14

Nice chunky buy....can't be too long now for the next update on Brockham. Gla holders:-)

[moneymunch] 27/4/2017 07:58

SCC's last Cabinet meeting today before next weeks local elections......Any other business??? Gla ;-)

[moneymunch] 24/4/2017 18:59

Another graphite related tweet from George.....an indication of Alba's excitement in Amitsoq's potential and the "fast track" development plans. Gla :-)

Michael Nott, Alba's CEO, commented: 12/4/17

"The results from this phase 1 metallurgical test work are impressive. The test work results confirm the very high grade graphite content at Amitsoq (averaging 25%) and a good spread of flake size in the key and high demand/value categories. We were able to achieve +99 per cent recoveries using fairly simple and low cost processing techniques, which bodes very well for the economics of future production at Amitsoq."

"Additional metallurgical test work to optimise a processing plant, which is a key element in proving up commercial viability, will now be undertaken. This will also form part of an integrated, fast-track approach to the project. We look forward now to the furtherance of our fast-track development programme this year, with our priorities being resource estimation drilling, initial environmental assessment and process plant logistics and construction design."

[moneymunch] 24/4/2017 17:18

George Frangeskides posted a squawk

09:43
21 Apr

Graphite miner part of consortium to build lithium-ion battery plant

Strong announcement today by ASX-listed Magnis Resources that it is part of a global consortium that has signed an MOU to build a 15GWh Lithium-ion battery manufacturing plant in Australia:

Good to see a graphite miner at the forefront of developments in the fast-growing EV battery market. Graphite is a key component in lithium-ion batteries.
Townsville Announcement Final with BEI.pdf

[moneymunch] 24/4/2017 14:33

Lol...it definitely will not be left in the ground, Brockham's completion production approval imminent. Gla :-)

A little reminder of why Alba has multi-bag potential. Gla holders ;-)

Ernst and Young Report



The so-called Gatwick Gusher, a shale basin in the United Kingdom, could add as much as $74 billion to the nation's economy, a study finds.

U.K. Oil & Gas Investments commissioned Ernst & Young to examine the future potential of oil production from the Weald shale basin.

"Assuming it can be extracted from a development site at the volumes projected by U.K. Oil & Gas, has the potential to generate significant economic value to the U.K. economy," the report read.

Oil & Gas U.K., the industry's lobbying group, said the North Sea oil sector is in for a long period of decline, with less than $1.4 billion in new spending expected in 2016. Inland shale, meanwhile, has the potential to add between $10 billion and $74.6 billion to the British economy in gross value, the commissioned report said.

Operators are working to assess the potential in the shale area by testing the Horse Hill-1 oil discovery. Preliminary estimates made by the company last year put the entire Horse Hill reserve total as high as 100 billion barrels of oil. If its full potential is reached, the future production from the area could provide as much as a quarter of the nation's total oil demand over its lifespan, based on 2014 demand levels.

The field, locked in a geological formation called the Kimmeridge Limestone, is about three miles away from the Gatwick Airport, earning it the nickname the Gatwick Gusher.

Stephen Sanderson, the executive chairman of U.K. Oil & Gas, said developing the shale basin could make a significant contribution to the British economy. Oil is already flowing at nearly three times the expected peak rate.

"It is therefore possible that the overall economic impact of Kimmeridge Limestone oil could be significantly higher than this initial report describes," he said in a statement.

[pugugly] 24/4/2017 13:55

mikeygit:> Spot on - Diplomacy also not in my vocab - but your post above hits the nail on the head - If not enough oil or too NIMBY to move economically from the well head then possibly marked as UK strategic reserve to be left in ground !!!

[moneymunch] 24/4/2017 13:15

Tick Tock....Code 25??? Significant upside on OGA Approval for Brockham's completion/production....anytime now.:-)

[mikeygit] 21/4/2017 19:13

PUGUGLY---True, he can talk a talk whether its good or not?? Seen some of his presentations and diplomacy aint in his vocabulary!! What MM says above is true--POTENTIAL--we now want reality and whilst there maybe a shed load of oil we must have the news they can get loads out---flow tests very encouraging but we need long term proof. No big boys jumped in yet and I guess they too are waiting for THE RESULTS of how much can be got out and also waiting for all the planning and approvals before rubber stamping The Weald as the PROVEN world beater. Thing that slightly concerns me is that these little companies we are invested in have---as far as I know---not presented anyone with a business plan. Lorries will not be enough to get this lot out of the ground and we need an infrastructure of pipelines or oil tanker trains---costs a lot so where do these minnows get their money from to do this---maybe this will be when the BIG BOYS step in. Lots of water to go under the bridge yet before we get OIL!!

[moneymunch] 21/4/2017 13:41

So far DL's expectations of the Weald have been spot on, and the proof will be in the pudding.....Brockham's completion/production expected Spring/Summer and Horse Hill's extended flowtests expected to be underway late Summer. Gla holders...a potential transformational stellar year ahead on confirmation of free flowing high quality oil in volume from either/both sites. ;-)

[pugugly] 21/4/2017 13:18

mikeygit: May I suggest that too many investors have bought DL's enthusiasm in the past and subsequently got burnt so that his involvment could be a red flag to many ?

[moneymunch] 21/4/2017 06:55

OGA approval due!!!

Approval process

Licensees can apply for consent to drill and conduct other activities on a well and notify the OGA of these through the Well Operations and Notifications System. Applications to drill should be submitted at least 28 days in advance.



Introduction WONS (Well Operations Notifications System) is an Energy Portal application to allow the UK Oil & Gas Industry to apply for, notify and receive consent for a wide range of drilling and related activities as required under Production Licences.

The primary focus of WONS is the technical (geological and geophysical) basis for planned wells, collating and assigning consent for activities required under the model clauses of Production Licences (and various landward licences). WONS works by a system of online submissions: applications for planned activity (from the operator), consents for that activity (from OGA) and notifications of what actually took place (from the operator).

Applications may be supported by mandatory or optional supporting documents which can be attached to the relevant submission.

Further permits and notifications will be required (for example, environmental permits for offshore wells handled by DECC's Portal Environmental Tracking Software, and for onshore wells, HSE, relevant local authority and Environment Agency submissions).

However, consent under the Production licence issued by the OGA from WONS will normally be the final consent in place before drilling can commence.

[blueblood] 20/4/2017 14:25

Hopefully get final results next week was 25th April last year.

[mikeygit] 20/4/2017 11:28

Problem is--as DL said in his presentation---none of any BIG BOYS are invested here and is full of people trying to make a quick buck here and there, which does not make sense, they think they are big wheeler dealers when all they are doing is creating an share price stalemate!! As DL also said--MM--the quality of the oil is better than the North Sea---one day this will BOOM and hopefully we can make some real money not just 10 quid here and there!! Hope I am still alive to appreciate it!!! GLA

[nevgroom] 20/4/2017 09:50

4m sold at .26 and over this morning (of some 7m+ sold altogether.

Can now buy for .26 - Where's the business sense in that?

[moneymunch] 20/4/2017 09:35

Just wait until Theresa has full control of the UK's destiny ...and no doubt a major will step in once all the dirty work has been done by the Weald players with Nutech and Schlumberger's multi-billion barrel assessment finally confirmed and definite proof that the high quality oil is recoverable in massive volume.....multi-pad well sites discreetly positioned with a network of underground pipelines providing billions of £'s in revenue. Gl ;-)

[moneymunch] 19/4/2017 11:47

14 APRIL 2017

Global Graphite Market Worth USD 17.56 Billion by 2020
According to a new market report published by Persistence Market Research “Global Market Study on Graphite: Battery Segment To Witness Highest Growth by 2020”, the global graphite market was valued at USD 13.62 billion in 2013 and is expected to grow at a CAGR of 3.7% from 2014 to 2020, to reach USD 17.56 billion in 2020.

[moneymunch] 19/4/2017 11:40

George Frangeskides posted a squawk about ALBA
11:2718 Apr
Interesting report in Industrial Minerals from respected graphite expert, Christoph Frey, MD of ProGraphite GmbH. According to Cristoph, the Chinese car market will be the biggest driver of demand for lithium-ion (Li-ion) batteries, and therefore for graphite, in the near term. While there will be some growth in electric vehicles (EVs) outside China, there will be very strong growth in China’s domestic EV market, he added. ProGraphite expects significant expansion of the Li-ion battery market in the next few years. In 2016, Li-ion battery production was less than 100GWh: ProGraphite’s forecasts for production by 2025 range from a conservative 300GWh to a bullish 600GWh. The price and performance of EVs will be competitive with conventional cars by 2020 at the latest, ProGraphite believes, and better battery performance and lower prices will lead to a wider range of applications.

[moneymunch] 19/4/2017 06:59

Go get 'em Dave. ;-)

David Lenigas‏ @DavidLenigas 9h9 hours ago
Replying to @DavidLenigas

I'm not co concerned about polite Angus. Watch me!!!!
5 replies 0 retweets 6 likes
David Lenigas‏ @DavidLenigas 10h10 hours ago

Surrey County Council is seriously going to get a legal suite on telling lies from Doriemus. Including Individuals and their families - lies
6 replies 2 retweets 17 likes

[mikeygit] 18/4/2017 08:39

Thanks for that MM---Not surprised by what Angus has said. A company of their standing is very unlikely to have contravened such an important Planning Issue and proves that the BBC and the Press have NOT tidied up their act and continue to---allegedly---print incorrect and damaging comments with little apology when they are found to have made incorrect comments--we move on and wait for great things!!??

[moneymunch] 18/4/2017 07:05

near enough as good as an RNS........OGA approval for production of Brockham's oil saturated Kimmeridge interval coming. ;-)