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By your OWN admission you believed imminent failed to be of relevance after 2 months, therefore after 2 months your decisions to hold/sell/buy became your own and solely your own and no one else is to blame but YOU.
YOU also had 559 days to think about your opinion of imminent before you would go below the price that imminent was used...... In ANYONES little head that is time enough to know imminent was certainly not happening.
No one is defending the BOD use of imminent (naively assuming things could move forward at apace) but disconnecting the idea that after 2 months then having 559 days to transact when you yourself no longer believed imminent would happen, you can't hang your decision to keep holding based on a comment made over year and half beforehand. What utter stupidity.
Imminent is more than that now Dan, keep up son
559
Five Five Nine
Five Hundred and Fifty Nine
You talk some carp Dee, you really do. How you can defend this bod is beyond me. So as you can see chrisn ‘imminent’ means however long an individual thinks it is, along with ‘on the cusp of’ . In other words don’t believe nothing thus BOD say.
You had 559 days to decide what imminent was.
Chris, if you scroll back, you should see plenty explaining why things have been so slow.
Plus meanwhile whilst nothing is happening its time wasted and the money in the ACP pot is reduced month on month by wages to the directors. I thought that you had to do some work to be paid a wage. Surely whilst no work is being undertaken then no wages should be paid out. All of the money over the last few years paid in wages could have been used to progress on.
Apparently that’s down to us chrisn2, it’s our fault, we conned ourselves for not selling. We have to remember that things change, imminent means any length of time, fast tracking means whenever, the only thing that doesn’t change is grubby hands in the pot
I agree Amtech but why no progress? Matt Bull has a lot of money tied up here (I believe) so why would he be not pushing hard to get the feed completed so that finance to progress the mine could be sorted and hopefully secured. I can only think that maybe he is not interested in building a mine and his looking for someone to sell the whole thing off to. If that's the case why has no one come forward with an offer? Some update from Matt would be nice. I am like you as I held on to my pre mining licence shares and bought more soaly on the progress on all fronts imminent message. So feel conned.
Nada would be my guess, they have had a lesson on X though and can now post, but only when the sp rising due to nothing they’ve done:
As I understand it the feed study needs to be completed before financing can be arranged. If that is indeed the case then I would love to know what progress has been made to completed it since the mining licence was issued years ago and what is still required for its completion and what the timeline is for completion.
Lots of mining concessions to keep the ministry busy…
AMC —> ACP
Sorry
Below is the Tanzanian mining portal
If you search for Graphite Advancement you will see the AMC licenses
Just above is the Blackrock license under the name Faru Graphite.
https://portal.madini.go.tz/map/
@ wasarunner.
Thanks. Certainly an eye opener.
Cyber truck going into production.... All these new options bring instant new market buyers to EVs. Big batteries too.
Announced today, Nissan will build three new electric car models at its plant in Sunderland as part of a £2bn investment by the Japanese manufacturer.
All good for ev battery materials.
Mahenge east licence areas they do not have now plus the maconde prospect area.... Those are under application by ACP subsidiary now.
>>How far apart these sites are, i don't know. Maybe the more clued up can shed some light on this.
We're in the middle of it, I think:
http://armadalecapitalplc.com/wp-content/uploads/2017/02/Beaufort-note-on-Armadale-Capital-27.10.16-1.pdf
Green is them, red is us, Page 2.
Doesn't take many buys to move this up.
@ Rover.
An excellent read. I'm certain in the not too distant past, Blackrock investors probably felt the same as some (lots) here.
The continuous mention of Mahenge makes me feel confident. How far apart these sites are, i don't know. Maybe the more clued up can shed some light on this.
Still holding, but not as much as some. But my main concern is dilution, at these low levels. I thought that the recent surge in the SP, was dilution led. But it's only a matter of time. The pot is not bottomless.
Https://www.miningreview.com/battery-metals/mahenge-a-tier-1-graphite-project/
Like I said Greg will have some photos, he is the project director.
Maybe I should have used 10 or 20 question marks, Amtech. As far as I know there's nothing started and it was when I criticised lack of activity long long ago and many times that I suggested that news of progress should be photographically confirmed and that I was criticised anonymously by a poster still here for such a suggestion.
Mine completion Monday ! When did they start ?