Alba Mineral Resources Share Discussion Threads

[top tips] 21/7/2018 08:37

Align Research suggests the current fair value for Alba is around 16.5p (6.5p + 10p).



"...the market is valuing JAY’s Dundas field at in excess of 20p per share or approx £170m. By way of illustration of this phenomenal market disjoint, if we applied the same valuation to ALBA’s licence area (which at present has, we would argue, less than £1m of implied value in their market cap) the stock would be trading at 6.5p. That’s right 6.5p – over FIFTEEN times the current market cap."

"...ALBA’s other assets at Horse Hill, Brockham, Amitsoq & Inglefield (also in Greenland) or the Clogau gold project in North Wales & Irish lead & zinc interests. Third party analyst estimates of value here run up to 10p per share too."

[25wbh] 21/7/2018 07:32

Good morning all

[graylyn1] 20/7/2018 21:41

interesting, I prefer the fundamentals but technical info is always useful.

Signal Update
Our system’s recommendation today is to BUY. The pattern finally received a confirmation because the prices crossed above the Stop Loss level which was at 0.4250, and our valid average buying price stands now at 0.4260. The previous SELL signal was issued on 12/07/2018, 8 days ago, when the stock price was 0.3941. Since then ALBA.L has risen by +8.09%.

Market Outlook
A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd.

[tidy 2] 20/7/2018 20:42

HH made Evening standard newshTTps://www.standard.co.uk/business/smallcap-spotlight-testing-for-oil-at-horse-hill-in-gatwick-begins-a3873211.html?amp&__twitter_impression=true

[lanty33] 20/7/2018 20:38

Cudmore ramping?

[rayrac] 20/7/2018 17:53

And you 25.

[25wbh] 20/7/2018 17:08

From 16.10 pm there was not one share sold for less than .52
Have a good weekend all !!

[shirley83] 20/7/2018 16:46

NOTE – we have not included in this piece any value attribution to  ALBA's other assets at Horse Hill, Brockham, Amitsoq & Inglefield (also in Greenland) or the Clogau gold project in North Wales & Irish lead & zinc interests. Third party analyst estimates of value here run up to 10p per share too.To conclude, IF the valuation of JAY has any basis of reality then ALBA is stupidly undervalued on their Thule licence front alone. If (as we believe) JAY's valuation has no basis in reality and is an illustration of what can be done with a limited free float and hard promotion, a short position here v a long play in ALBA we believe will pay dividends many times over as we progress through 2018 into 2019.

[graylyn1] 20/7/2018 16:38

A good week end read!

[cudmore] 20/7/2018 16:37

Have a good weekend all. Look out for the press coverage. Roll on Monday!!

[cudmore] 20/7/2018 16:29

Weekend press will see Monday morning opening 15% up imho

[jungmana] 20/7/2018 16:25

Next week should be fun. Can see us at 1p+ in a week or 2. Gla

[tidy 2] 20/7/2018 16:24

Red army lots of news possibly all week and for the following months. Not just HH here either.

[tidy 2] 20/7/2018 16:21

Can multiply here then buy more Ukog and still keep a couple of bags for pocket change.

[cudmore] 20/7/2018 16:19

Tidy2

4th attempt for 0.50p. Was here last year and bailed out but the current share price is too good not to jump on the #UKOG train.

[red army] 20/7/2018 16:18

Is news expected Monday??

[tidy 2] 20/7/2018 16:17

Well done. Not easy to buy??

[cudmore] 20/7/2018 16:16

On board......did the maths. A no brainer!!!

[stonefold] 20/7/2018 16:15

If you are interested in the figures and calculation to work out which company gives the most exposure to Horse Hill value per £ that you might spend if you bought shares today.

Have a look at my post on the SOLO board


18 Jul '18 - 20:45 - 10738 of 10746
Comparative dividends

and the update with todays share prices
20 Jul '18 - 15:37 - 10746

[jungmana] 20/7/2018 16:13

For newbees;http://www.proactiveinvestors.co.uk/companies/stocktube/9887/alba-mineral-s-chief-looks-forward-to-horse-hill-flow-test-results-9887.html

[tidy 2] 20/7/2018 16:10

2x Ex Tullow bod members on our bod btw.

[top tips] 20/7/2018 16:10

Topped up again.1.5p next week.