Member Info for AIMtodeath

1 x ML
1 x renewal of existing exploration area

Apparently new areas are still in play, something weird on the cadastre made it show the old applications by a couple of 2 bit mining companies, which have now dissappeared and nothing being shown for those areas now.
OTH - licence renewals of exploration areas you already had are more appendages to other news of note I'd have said. Hardly price breaking.

Tardis BKT were given lots if areas long before they showed and still haven't shown they are mining yet. ACP applied for the new areas once other companies had the applications withdrawn. As above the absence of the applications appears computer/cadastre error. Gov about to sign 16% deal, I suspect they want current companies that are well advanced and good chance of paying for drill expansion and ahead of the pack to explore them and give the Gov joint venture expansion. Rather than brand new ventures spending years trying to get to same point as BKT and ACP.
People need to get this in their heads there is NO offtake or finance until 16% is sorted and DFS optimisation is complete. Finance is the LAST thing to complete. It could be coincidence that the new areas became available so we jumped in them or indeed for better finance we expanded, however expansion means nowt to finance in a way because finance is paid back in 2 years, what do they care if you finished in 15 or 30yrs!? Fi snce looks at IRR and profitability with low costs as risk management. Expansion could be about offtakes/strategic investment, but ACP only using 25% of resource so 15 years is easily expanded on, they just end up using less profitable material and by 2035 prices will make everything profitable. But if you can keep finding shallow high grade material better to use that first. I would hazard a guess ACP would expand output to meet demand if new material found however as supposed to extensions, better to fullfill the market and increase share rather than let competitors enter market.

One Dumb comment then another idiot puts himself in the dumb category by agreeing with the first idiot.....

Lets look at one recent durrrr moment, yes the DFS' all a waste of time changing them apparently...
Scoping Study - $349m
DFS 1 - update increases Mahenge NPV to $358m
DFS 2 - update increases Mahenge NPV to $430 million from $358m (lots of terst results and mine plan changes)

Yes TOTAL waste of time!

Optimsed DFS..... HArdly a project out there that does not do a final DFS adjustment. DFS 2 was the final viability DFS, Opt DFS is the final one for the offtakes and the fiannce with the most uptodate capex costs, opex costs and that is decided by final testing and plant design once you have chosen the builder etc.
So no matter qwhat you scream and throw your toys around these are hard facts. Just because you don't know things or can't understand themn no need to rant like a petulant child making obsurd demands.

Next - Oh screaming for finance after last DFS, when you can't organise finance because you don't have final testing, final plant design, final costs, Gov %, oh an offtake or 3 (which also need the previous things)....But you think, oh got the ML lets ring up the Halifax and order $45m and it is in your account next day...... AND the kicker NO MINING LICENCE at the time, can't you see the absurdity and naivity of thinking finance would come after last DFS....

Slander - Look up the definition because you are doing it regularly about the actions of both ACP and Matt. If you cannot substantiate with proof then you are slandering.....

Complain Matt is letting out K with a profit, but then complaining Matt is not giving the market updates which would in turn give K more profit.....what do you want?

Do you not have like a partner, support group, friends, number for the samaritans to go and ttalk drivel to them and temper tantrum rather than here....or have you exhausted all those other alternatives. It seems odd, you are incensed by being wrong side of trade but you do your utmost to spread lies, misinformation and pie in the sky timelines to scare away any new investors that might help you get back onside.....

The childish, naive and ignorant comments.....astound me. The fantasy demands....the list goes on. In time you will look at back at your comments and think what a dufus....

You can tell the difference in investors when the going gets tough, those above and those with a level head and constructive thought....

I've stayed away, sometimes you just can't reason with stupid, so better not to engage at all. I am still personally dissapointed but I can see the wood for the trees....

'Over 12% down on results day doesn’t have an excuse, it just means the market is disappointed with the RNS, the progress, no forward looking statement, that all lays at the feet of the part time management dragging their knuckles simple as.'

Results day? Haha..... You make it sound like Apple recording a poor quarter and people are dissappointed.... It is a pre production Year End..... There is nothing to be dissappointed in the figures.

Market dissappointed?...... what in the fact they got a Final Results RNS with errr final results, of err a pre production company..... The RNS contained exactly what a Final Results RNS should contain, anyone thinking they would get something else shouls only be dissappointed in their lack of judgement of that they thought they would get in a Final Results RNS....
Dragging knuckles, so mine director employed, new ground sought and Gov deliberating over their 16%. What you want offtakes? Or whilst you do the above you continue to get more competitive bids for the material as the market hots up. You would have been sold short on a deal Nov21 compared to now. You don't sign finance until the last moment. It doesn't mean these things are not being discussed. Part time management thought they would park £172k in something that they won't see a return from?

'mornings RNS. Why did they release it? There’s nothing new. Nothing of quality to report.'

IT LITERALLY IS THE FINAL RESULTS AND AGM NOTICE!!!!

It is a STATUTORY REQUIREMENT!

These are boring as dish water and do NOT include forward projections etc. The point is to report on the LAST FIN YR. It is an accountants RNS.

Sometime I cannot believe what I read.

End of Year reports are pure historical facts, I wouls expect a different RNS for future plans/updates

Uneventful since Oct 21 to now perhaps but the Fin Yr was eventful.

ACP is no longer, drilling, getting reports etc the busy RNS times as they explore/ This stage RNS' are few and far between but whenthey come will be more value accretive and end game stuff.

We have resecured the current blocks for continued exploring and we have appled for 3 larger areas around us for exploration. This company will be a lot bigger in a few years no doubt about that. Idea is to find more high quality, high carbon content, near surface material for high economic returns.

And those steps many can't fathom!

If we can save on Capex and reduce Opex by having better electrical infrastructure and roads I am happy to fall in behind BKT. They are doing the hard yards by starting the industry in the region. We are using the same team to deal with the Gov as them, can you imagine how much they learnt about the process doing it first with BKT???

The demand and price goes up every day, the interest will increase with it. When it is ready to ride much is in place to catch the big wave. In April BKT were presenting and they stick by their $1300 basket. Thats is worth 30% to our NPV, well offsetting GOV 16%.

When you are in one share you don't see the delays of others, but make no mistake this is not particularly unusual in the AIM mining development world! Your expectations will always always let you down.....because your expectations are often way off the mark. Mine certiainly have, but I reassess and look and understand the reasons....It does not make me happy but it is what it is.

The cards are on the table now warrants are effectively finished as I don't see Sept ones being a problem if the project has moved on, volume will have washed those out easily.
There are no excuses left for being purposely quiet so not advantage Mr K and other warrant holders. To be clear Kabunga has sold nearly 10% of the stock in 3 years that is a mad overhang! One that has cone to an end. He sold down his original position then the boost from the lian conversion notes then the first warrants had a big chunk of his. I'm immensely happy he hasn't taken double the amount in value out. I'm also happy that downward pressure is now gone, uoeard movements will have less resistance.
Despite the potential rnfirced silence I don't discount delays to in country decisions that are managed by the Government, ghastly long deal discussions (BKT is not exactly a racing snake there either and apart from highish capex is an excellent economic and quality product) and if there is an infrastructure tie in to BKT to save money long term and better ESG, then we swim in their wake as Tanz Gov roll out the lead project. It doesn't tie in with our money today demands but Rome wasn't built in a day and neither is an African mine or any mine for that matter. MB didn't throw another £172k into this on top of his 8.5% if he didn't have just the slightest ickling as to where it is all going.... He is party to a lot more than we know....

I agree with comms, but there has been mitigating reasons and circumstances why that would have been the case. Doing presentations/roadshows pumping the price etc would only have given warrant sellers bigger profits, this is fact.
Have no fear my thoughts on this have been clearly communicated with MB, rather than making whingy demands on LSE.
However, those mitigating reasons are behind us end of the month and I will be looking for a clear increase in market interaction....but again the full force of market interaction I suspect loaded up for the run to finance, you don't want to waste your bullits early.
That moves us on to real progress, I am dissappointed like anyone, I also convey that to the company as supposed to using agony aunts.... but no reason to pull deal triggers early when you have improving situation in the commodity market for the resource and EVs etc plus increasing interest from new directions (EU and US).....deals this year will be far better than anything last year.....does your desperate need for news short term outweigh long term goals and value? Or are you just a trader looking a quick turn and not getting it and that is your frustration? I am in for production and more interested in the right deals than any deal.

I've always wondered at some investors were their only posts regarding a company they are invested in, are negative.... And despite them often in profit....

The exchange reports only time, amount and price. Every transaction is in effect a buy and a sell as someone is buying and someone is selling.
What you see reported in say LSE is a simple comparison to the spread prices and the mid decides if it gets flagged buy or sell by LSE. It is a simple identifier for retail. When spreads are large and actual buy and sell prices are one end or the other of a wide spread you get mis reporting by likes if LSE.
What you have done Strummer is used ypur noggin using various sources of info to see past the mis quoted prices.
Often a dummy buy or sell for small amount a few times a day will let you see the true prices and then allows you to compare to the LSE (there are other reporting platforms available) and read the trades

Do your whinging here -

http://armadalecapitalplc.com/contact-us

More to come for sure

Advertised spread on L2 only adfects cfd and spread betters, the real spread in quote was much tighter. They were offering to buy iff sellers above 4.3 when bid was 4!

Direct me to the person/persons that have said there was a £29.5k bed and Isa....

From my experience not sure I've seen it done at the ask, always the bid. Makes no difference to them, they get a little cut. The sell us always first too, so makes sense to be at the bid.

11.03 two transactions, that was an example of an internal bed and isa.

However exercise date is meaningless as to when they can sell them, they could have converted at ANY time during Jan, Feb and March and sold them all already.....They don't convert on the last day only, you could convert them anytime.