Alba Mineral Resources Share Discussion Threads

[moneymunch] 23/10/2017 13:34

Pmsl...they've just raised £1.1m , great news today on OGA approval for Brockham, hot on the heels on Horse Hill's extended flow test approval...all eyes now on Ukog's Broadford Bridge....Flow tests expected to be underway this week...confirmation of commercial flow will be transformational for Ukog and will add considerable value to Alba given their interests at Brockham and HH, commensurate to their tiny market cap....good news from Greenland on progress on Alba's stunning graphite, gold and ilmenite and other rare material prospects could drop at anytime....Gla holders the prospect for some serious upside as good news is delivered looks nailed....All eyes on BB...On and Up!!!;-)

[7767] 23/10/2017 13:33

Why is there talk of a placing, they've not long had one???

Also seems silly selling share at .45-.46 when they were being bought around 0.5p this morning

[25wbh] 23/10/2017 13:27

I think it is short term profit takers , great prospects for the company over time but these days a quick profit is all a lot want.

[elcapital2017] 23/10/2017 13:26

The share rice action suggests forward selling to me, selling whatever is being placed imo

[7767] 23/10/2017 13:15

Great news for the betterment of the company, but the share is being sold Why???

There is no logic or sense to it!!!

[thehitman1] 23/10/2017 12:34

Placing??.

[thehitman1] 23/10/2017 12:33

Where are all the shares coming from?, be warned.

[petersmith6] 23/10/2017 11:32

Looks like we're are on the slow road to 3p..

[7767] 23/10/2017 08:45

If the Brockhaqm field is producing unaided flow won't this be reflected in the other fields if they are continuous??

[moneymunch] 23/10/2017 08:30

Alba's Project Portfolio....a multi-bag in the making.....Gla holders:-)

Oil & Gas

Horse Hill (Oil & Gas, UK): Alba holds a 15 per cent interest in Horse Hill Developments Limited, ( which will increase to 19% on the acquisition of RGM's remaining interest ) the company which has a 65 per cent participating interest and operatorship of the Horse Hill oil and gas project (licences PEDL 137 and PEDL 246) in the UK Weald Basin.

Brockham (Oil & Gas, UK): Alba has a direct 5% interest in Production Licence 235, which comprises the previously producing onshore Brockham Oil Field.

Mining

Amitsoq (Graphite, Greenland): Alba owns a 90 per cent interest in the Amitsoq Graphite Project in Southern Greenland and has an option over the remaining 10 per cent.

Black Sands (Ilmenite, Greenland): Alba owns 100 per cent of mineral exploration licences 2017/29 and 2017/39 in the Thule region, north-west Greenland.

Melville Bay (Iron Ore, Greenland): Alba is entitled to a 51 per cent interest in mineral exploration licence 2017/41 in Melville Bay, north-west Greenland. The licence area benefits from an existing inferred JORC resource of 67 Mt @ 31.4% Fe.

Inglefield Land (Copper, Cobalt, Gold): Alba owns 100 per cent of mineral exploration licence 2017/40 in north-west Greenland.

Limerick (Base Metals, Ireland): Alba has 100 per cent of the Limerick base metal project in the Republic of Ireland.

El Mreiti (Uranium, Mauritania): Alba has applied for the reissue of a uranium permit in northern Mauritania, centred on known uranium-bearing showings.

Alba continues actively to review numerous other project opportunities which have value-enhancing potential for the Company whether by bolt-on or stand-alone acquisition, farm in or joint venture.

[abeygale] 23/10/2017 08:19

The rise will continue now that all the idiots have taken their profits.

[moneymunch] 23/10/2017 08:08

Pmsl....an idiot heavily invested from 0.41p.....HO HO HO HO HO ....Gla Holders Re-rate in progress!!! ;-)

[abeygale] 23/10/2017 08:07

ALBA is clearly the best choice out of ANGUS and UKOG.

[elcapital2017] 23/10/2017 08:05

monkeymunch

You are an idiot

[top tips] 23/10/2017 08:05

Yes I agree. It's all going well. Just hold for more.

[cudmore] 23/10/2017 07:58

Great news.....hang on to your hats!!

[abeygale] 23/10/2017 07:28

Looks like I have woken up to 2 life changing rns with this and JLP. China New news good to with incentive options granted at 1.5p. Just in time to get my trading margin back up for Churchill Mining.

[moneymunch] 23/10/2017 07:12

23 October 2017

Alba Mineral Resources plc

("Alba" or the "Company")

Receipt of OGA Approval in respect of Brockham Oil Field

Alba Mineral Resources plc (AIM: ALBA) is pleased to announce, further to the announcement of 22 September 2017, that it has been advised by the Operator, Angus Energy, that it has received final approval from the Oil and Gas Authority ("OGA") for the Field Development Plan Addendum at the Brockham Oil Field (Production Licence PL235).

The Operator has further advised as follows:

- As stated in the announcement of 11 May 2017, this OGA approval is the final regulatory consent needed for production to commence from the Kimmeridge layers in well BR-X4Z ("X4Z").

- The X4Z well will initially produce from a 200 metre naturally fractured section of a 385 metre thick Kimmeridge interbedded shale and limestone layer. Further technical guidance can be found in the Company's announcement of 3 March 2017.

- Prior to initiating production, the Operator will install a connection to the National Grid for the distribution of excess power generated on-site as outlined in the Company announcement of 22 September 2017.

- Upon completion of this installation, production from X4Z will commence.



- The Operator has reiterated that there will be no hydraulic fracturing or "fracking" at the Brockham Oil Field.

- The Operator's previous guidance on the Brockham Oil Field remains unchanged.

Alba will continue to update shareholders as and when updates are received from the Operator.

George Frangeskides, Alba's Executive Chairman, commented: "This is a significant announcement, following as it does closely on the heels of the grant of planning approval last Wednesday for extended flow tests to take place at the Horse Hill Project. This puts Alba in a strong position in relation to the investments we have made in the UK onshore oil & gas sector."

[moneymunch] 23/10/2017 07:03

BOOM!!! :-)




Angus Energy receives OGA approval
RNS Number : 2655U
Angus Energy PLC
23 October 2017


23 October 2017





Angus Energy Plc

("Angus Energy" or the "Company")



Angus Energy Receives OGA Approval





Angus Energy, a conventional oil and gas development company, is pleased to announce subsequent to its RNS of 22 September 2017, the Company has received final approval from the Oil and Gas Authority ("OGA") for its Field Development Plan Addendum at the Brockham Oil Field (Production License PL235).



As stated in the Company RNS of 11 May 2017, this OGA approval is the final regulatory consent needed for the Company to begin production from the Kimmeridge layers in well BR-X4Z ("X4Z").



The X4Z Well will inititially produce from a 200 meter ("m") naturally fractured section of a 385m thick, Kimmeridge interbedded shale and limestone layer. Further technical guidance can be found in the Company's RNS of 3 March 2017.



Prior to initiating production, Angus Energy will install a connection to the National Grid for the distribution of excess power generated on-site as outlined in the Company RNS of 22 September 2017.



Upon completion of this installation, production from X4Z will commence. Angus Energy will update the market in due course.



The Company reiterates there will be no hydraulic fracturing or "fracking" at the Brockham Oil Field.



Angus Energy's previous guidance on the Brockham Field remains unchanged.



Further information can be found at www.angusenergy.co.uk