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…….lets just forget about graphite and Tanz it’s not happening for years. Idaho is now where it’s at near term (no takers on how long that is I see) Anyone found out anything else about it?
Great idea, see if you get a reply
Rht, where have you been all these years to help save us obtuse investors from our clearly egregious research which led us to invest?
Obviously having declared that you are not invested I should be grateful for your altruistic nature to help save us all!
Rather than clogging up the board with your barrage of repetitive posts why don't you just help us a little further and send your questions to MB and report back his response?
Answer the questions on your previous behaviour, RHT99.
Answer RHT99:
Why were you making the following statements on AST back in January 2021:
"I may just disappear now but rest assured the buyers won't."
"My man is managing funds for a group of high net worth investors."
"My man taking them in 50k and 100k batches."
"Nothing price sensitive but if my mate is a millionaire and has another 20 millionaire mates who want to buy, they might tell me, lol"
Then on the 4th February 2021:
"Don't say you didn't have the heads up. Needless to say by now you know who the large block buyers are. And for the record they are not stopping here. MMs ain't got a chance against them. Deep pockets, high net worth a loading. See you folks at 30p very shortly"
That's around a day from where the shareprice hit a peak.
Then it dropped nearly 50% in ONE DAY a month later.
Then it went on to lose 83% from the highs over the course of a year.
1. Who is your Man?
2. Why were you ramping so heavily over at AST near the highs?
3. Why did you disappear immediately after? You weren't seen on LSE for over a year
4. Do you often ramp shares towards the top, and then de-ramp towards the bottom?
5. Did you ever apologise to the people you ramped into those stocks?
6. Did you make up nonsense about these 'millionaire buyers' who dumped?
7. Is this the sort of reason why you post anonymously?
8. Do you not feel this discredits you, and your arguments?
9. Why should anyone feel you're asking genuine questions, or trying to hold management to account based on your own previous posts?
Are you having a laugh, those answers are farcical. You need too much educating and I'm on a breather. Let's see what your buddies have to add then I'll give one reply to all. It's a busy job dealing with a herd of gamblers who hunt in packs. I might be annoying you but trust me you need to redirect your frustration and energy towards MB who has robbed you off a significant amount of cash. This project is not heading anywhere imminently - pun intended - and I'm happy to stand corrected with the passage of time.
RHT99 you haven't answered any of my questions, considering I took the liberty of answering yours.
That will likely happen when the 92m shares are issued, 10%ers will run for the hills. Of course Dee and wasa will never sell. They are still waiting for 20p. Warrant holders likely to derisk their capital and wait to see if the warrants play out risk free.
Y'all do realise the word "imminent" was a Matt Bull favourite throughout the period of Kabunga's selling. The imminence miraculously disappeared from RNSs, podcasts, emails and investor comms when Kabunga had dumped the lion share of his stock. Utilising Jim's skill of "reading between the lines" may help us better understand what was actually going on. Thank you Jimmy for your enlightenment, hoping you can do more of it with the other questions, your buddies have miserably failed.
That there comes a day (imminently) where there are more trades than posts.... BRING IT ON ACP
A fraction longer than Imminent
If you donuts think imminent means 4 years you’ve had it with a “near term” silver project. But I guess you’ll continue to take your anger out on me rather than the MB who’s running this s show. How long is near term anyway?
Some people utilise logic, others utilise sentiment...
And others just whine.
1 month, Dee? But the share price continued to rise for another 11 months after the RNS that Amtech is referring to, to it's September '21 high of 6.4p, 45% above the close price of the day of that RNS.
Oct 13th 2020
“With project financing, a mining licence and commencement of mine construction all imminent, Mahenge, and indeed Armadale, is on the cusp of transformation. Ultimately, Mahenge’s value potential is clear, and it is our responsibility and focus to convert this into meaningful returns for our stakeholders. To deliver on this, we have devised a staged development plan giving a fast-tracked, low-cost route to production. This is truly an exciting time of development.”
It was one month...
And then he had 559 days in the green to act accordingly.
What was your definition of imminent again, Amtech?
So I’ll leave that with you for a while until more silver news
What I don’t get is why you lot don’t think this statement is misleading the market.
Oct 13th 2020
“With project financing, a mining licence and commencement of mine construction all imminent, Mahenge, and indeed Armadale, is on the cusp of transformation. Ultimately, Mahenge’s value potential is clear, and it is our responsibility and focus to convert this into meaningful returns for our stakeholders. To deliver on this, we have devised a staged development plan giving a fast-tracked, low-cost route to production. This is truly an exciting time of development.”
This is from the ACP website:
Mr Bull is currently the Technical Director of Armadale Capital PLC. He is also the Executive Director at gold-copper Exploration Company Paterson Resources Limited (ASX:PSL). He has many years experience in the mining and exploration industry working with a wide range of commodities including graphite, gold, copper and iron ore. Mr Bull was previously on the Board of Directors for graphite mining company Volt Resources Limited (ASX:VRC) and Lindian Resources Limited (ASX:LIN).
He has considerable experience in operation of greenfield exploration and mine development drilling programs, having been a consultant geologist on Discovery Africa’s Tanzanian Graphite Project and was Chief Executive and Chief Geologist of Baru Resources.
He has a Bachelor of Science (Honours) in Geology and Geophysics from the University of Adelaide and is a qualified Competent Person.
Obviously knows his stuff with those credentials.
Thing I don't get is why Amtech holds his shares if he thinks MB is a joker who won't deliver. Why hold your shares? If you believe that, then you think they're going to 0 (the minimum price the share can get to). Instead he holds because - presumably thinks they will go up in value. Which means MB delivers or there's some miraculous AIM market bubble affording an exit. Well I think the latter is unlikely to happen soon so it must be the former.
I've long since sold the companies/shares where I don't believe in the mgt, moved on, and never posted on those boards again. And there were many. And generally the sp went to 0.
Yes or no answer, that’s all you get.
@ Amtech.
Please copy and paste the bit we are talking about, if you don't mind. And also please provide evidence of this. I'll refresh your memory:
Amtech, """Do you think MB lied when he stated finance was imminent?"""
Copy and paste and give proof of your answer please. I cannot wait for this.
IsleworthSpy
Yes
@ TraderDan.
I remember reading that absolute nonsense some time ago.
A transcript from the complaint:
Hi Amtech. We have received your complaint and are are looking into it? Can you provide any details of these "shenanigans" that you speak of? Most importantly, how much money have you actually lost because of "such foul play"?
Now, we all know that Amtech has made money here.
How odd that you complain about a company that has made you money!
I'll also bite:
1) What has the management achieved in the past 4 years which justifies taking a salary?
a. Updated the Mine plan to utilise a higher cut-off grade and a lower strip ratio.
b. Commenced testwork on graphite to ensure suitability for purity.
c. Increased the Mahenge NPV8 to $430 Million
d. Completed the testwork with CSIRO
e. Applied for a Mining Licence
f. Proved up to 99.99% purity can be achieved
g. Submitted ESG impact assessment
h. Commenced FEED
i. Received formal approval on ESIA
j. Received Mining Licence
k. Appointed Greg Entwistle who is a phenomenal appointment.
2) I would hazard a guess that it would not make sense to sell down investments, and then use the remaining investments for general working capital. It would be foolish to do so.
3) I'd expect the wider market to want to see more details on the project prior to making judgement. We'll be able to make judgement as we receive further info. I didn't know much beyond there being a silver project. I can't imagine MB is adding garbage projects - But I'll wait for the RNS with information.
4) "We're funded until production" means we're funded on the basis of the projected timelines. You really need this explained?
5) Anything can look imminent, until it isn't. Until it is again. and then it isn't again. Lenders move goalposts. You're telling me you're too naive to know this?
6) Again, do your own homework. I'm not wasting hours trawling through RNS' to help a troll. You do it. Then come back to us with your findings.
Now, please feel free to answer MY initial question, and my questions about you and AST.
I suspect you won't, and you'll deflect.
Answers on a postcard, please.