Member Info for Amtech

Wonder if the funds will go straight out the door to Ignite?

If it wasn’t for John Barker on the FB Heroes site it wouldn't get a like. That says it all about the NFT’s.

Buy the rumour sell the news, always happens. It’ll probably retrace again until the build up to the next report.

Don’t think it really matters they never sold in meaningful volume anyways.

Ha ha ha ha , it’s Africa, it’s a bear market, it’s anonymous posters, NO ITS MANAGEMENT

Everything looks clearer through rose tints

Stay confident Leathal the company is in good hands

Could be around 4 years plus then JSD going on what Australians think imminent means.

……….spend another £10m on that new license then give it away.

What are you talking about now?

I’m sure Dee will explain it all.

I’ve just copied and pasted what they told investors last year and this year from the FY reports Dee, have you?

I’ve not fully gone through both sets of accounts yet to compare. Accounting is a dark art.

Id worry more about this sort of thing Dee

FY 22 reported May 23

‘The Company has a portfolio of quoted investments, valued at £1,245,000 on 4th May 23’

FY 23 reported June 24

‘The Company has a small portfolio of quoted investments, valued at £249,000 on 20 June 2024’

Leathal, found this in some old notes from way back

Passive investments

JSE listed Matengu Mining JSE (MRI relisted) 228m shares

Re-valued @ £105k

AIM/ASX listed Subscribed for 1.6m Celsius resources Ltd shares total cost £125k

CSE listed Bought 2m Forum Energy Metal Corp shares in 2019 for £59k sold 529,500 in 2021 and 550k sold in 2022

Graphite Advancements PTY Ltd bought 4.5m of Lindian Resources Ltd £411k in cash supplied from ACP.

Oh and they fully impaired Mpokoto before flogging it for next to nothing with a royalty on production which probably only covers the royalty/shares ACP have to pay to those who they bought it off.

Give him a minute or two, he’s just getting some feedback from a book.

Any feedback most welcome DanInvestor said, why don’t you post some?

As no one else seems to want to add their feed back and have probably switched off from this shower.

1, When they publish after hours on the last day of the regulation timeframe for publication you know it’s going to be bad news.

2, That doesn’t look like a priority to them as per RNS the priority is and has been project funding, with those talks having been in an advanced stage for a longer period.

3, He’s not capable of doing any interviews or he would have in the past.

4, I would like to know how that much can be spent on admin when nothing has been done. As for directors fees of £2k per week that’s apparently ok as he’s paid less than his peers.

5, They’ve only paid $150k with $350k to find for option 1 to earn 25% by 31/12/24 with another $1m for phase 2 for 43.8% of the project, then another $280k to find to earn 50.8% of the binding heads of terms agreement. Although from the 14/5/24 they stated 60 days for phase 1(commence opening no2/3 adit) so they’re in front with that.Phase 2 up to 6 months (tunnel 3,hoist,tracks).Final phase 18 months (scoping study, recommence ops). As we know knowing goes to plan so it’s a minimum of 18m before any revenue. Unless they pick rocks by hand as they go along.

6, Can’t see that happening.

Problem is DanInvestor MB won’t do anything, he’s an AK wannabe.

Dan, where are acp going to get the funds from? The last mates placing hasn’t even got the amount they wanted and this is after 3 years since the last one as they stated in the results. Are the missing funds legally binding as they wouldn’t want to sling it in now would they. That road looks to have come to a dead end now.