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Author Fools Like Us     View Profile     Add to favourites     Ignore
Date posted 2018-02-10 11:25
Subject Re: First Equity target 6p !!!   View parent message
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Gathering licences like confetti, it would be better for shareholders if Alba concentrated on building a up what they have. How much time is needed just to visit all the licences?

Uranium in Africa,
Gold in Wales,
Base metals in Ireland.
Oil in Sussex.
Graphite in Southern Greenland
Iron ore 100’s of km’s further North in Greenland
Now Inglefield Land 100’s Of km’s further North than the old sand licence that is on an island off the coast and another next to the US airbase! The final sand licence is North of
the other company in the area. Scattered about.

Where will people stay on all these licences to do all this work? Greenland has a population of 56000 How much do Helicopters cost to fly about?
(There are no roads in the North of Greenland, look on a map as to where this is. One of the reasons Bluejay is valuable is the fact that it’s a 80kms Long beach of high grade Ilmenite , you can land planes & Berth Ships , plus it has an already constructed group of Houses & a supermarket which is a permanent base)

How much is paid visiting and paying licence fees?

If the company settled on a plan perhaps we would see progress, all that can be seen
is a future placing to pay for travel and costs.
Frustrating, I happen to think the Graphite licence would be a good start.


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