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Exactly SuperRoty. The reason they have yachts is because of losing investors
Avoid unless you can afford to join the directors on their yachts.
Says it all
Avoid, avoid, avoid.
As I see it, ABM are an exploration company with no regard for shareholder returns.
Terrible share this, one of the worst on AIM and thats saying something. AVOID!!!
is it the same guy that traded BNR ( now TSI ) to death ?
They must have meant 1 geologist and 14 million little termites that had some how got inside the geo's metal detector !
Why would it be possible to find cobalt or other minerals on a termite mound if they are formed by nature itself?
It makes one wondered whether the person who came up with this idea has the brain the size of an small ant.
Wasn't he the Chairman of ECR Minerals and on the board several other promise big but short on delivery mining companies?
Has he had more board position than the number of termite mound being assessed on the current project?
One to avoid me thinks
AIMHO and DYOR
14 staffs lol... Are you sure they not family members tagging along camping
Sounds a bit low tech to me
How much does Share talk get paid to try and ramp up this turd of a share ? and it doesn't effect your morals ?
Share talk must be the only people making any money out of ABM , lets hope they arnt paying you in Shares!
I for one welcome the attempts of the board to pump this share with every meaningless bit of news they can get their hands on.
I'd love to sell at anything more than a 99.74% loss.
So someones going out to Africa with a hand held metal detector, thats about how much their exploration budget can afford.
LOL.
I like the funky happy music you have put on this piece of shit video , just another 'someone buy some shares please' appeal .
'We raised £1 million' , no , you diluted all the shares from the share holders to keep the lights on .
Roger might be in Africa holding two babes in his arms, yes using investors money and laughing at how silly we had been
I can only imagine the questions that people would be sending in to this . Roger Murphy the Con man
Its desperate this company , no one is buying , its worthless and will only continue to fall .
Roger Murphy was leading everyone up the garden path with his nonsense , Changing names , changing places , changing metals , changing countries , but one thing in Constant , they have ripped off loads of share holders , but they dont seem to be finished just yet ........
AVOID at all costs , any potential investors looking in , its a black hole
200 millio shares recently issued at 0.5p. Presumably many placees are still looking for mug punters to take those shares off them. Thanks but no thanks. AB has a great deal of form with RRR and RGM. Diluted both companies to oblivion, lowered the nominal share prices of both companies when the SP was approaching that level so dilution could continue, then performed share consolidations with both companies. SP continued to be decimated after those capital reorgs. Nothing but lifestyle ventures for the BOD imho. DYOR
Dreadful share avoid at all costs.
0.26% cobalt, 0.66% nickel ,i very much doubt those grades will ever find its way inside any battery anytime soon .
"The team have identified what appears to be a cost effective exploration methodology to test mineralisation "
Well its going to need to be with only £150k cash left.
Wow buy for 0.50 sell for 0.30 no thanks !
ABM
I belive in this company
This will big and blue all the way come on ABM shares will massive
Blue blue day
The issue of 10,000,000 subscription shares to Andrew Bell, and the issue of 10,000,000 Subscription Shares and 5,000,000 Fee Settlement Shares to Paul Johnson on Admission .
Looks to me like these 2 individuals have just calculatingly bought themselves a job knowing they will re coup the money back with just a few monthly pay slips.
Andrew Bell, the company’s chief executive, added that given a “struggling” junior resource sector there were “many attractive resource opportunities” available to the company that would not have been possible in a stronger market.
“Given the company's solid financial resources, we intend to take advantage and are reviewing various new opportunities to complement existing interests.”
ABM ended its latest fiscal year with a cash balance of £150,000, which was supplemented post-period by a £1mln equity issue.
Well they are going to need to be quick spending that £150k surplus cos over the next year the board will be taking more than 4 times that amount in salaries and expenses alone.
9th from the top of the Share Fallers board here at present. That must be the 4th or 5th time it's been on that board since Bell and Johnson took over.
Sells now at 0.33p, 0.35p, 0.36p despite them having issued 200m shares at 0.5p.
Not surprising imo.
I maintain my prediction that, as he did with both RRR and RGM, Mr Bell will lower the nominal share value here from 0.1p to 0.01p within 12 months and/or will perform another share consolidation. Just my view. DYOR