Member Info for bluesky687

Our operational targets for 2018 are: � To complete the first round of exploration on Kisinka, our first DRC cobalt-copper operation. This is expected to include geophysics, soil sampling, trenching, pitting and drilling. The first phase of exploration is expected to be completed by mid-2018 and, dependent on results therefrom, could be followed by a second round of exploration which may include additional drilling; � Dependent on the results of our due diligence, to exercise the option to acquire the second cobalt-copper exploration licence area in the DRC, Sakania. If we determine to acquire, Sakania, exploration activities are expected to start towards the end of Q2 2018 and will involve a similar programme of work to that of Kisinka; � To enhance the value of our SL Licence either through a joint venture or farm-out; and � To continue to gather information on other battery metals assets in Africa, including considering additional cobalt licences in the DRC. We would consider lithium licences, where Zimbabwe has a number of interesting projects including some producing mines. It could also include vanadium, which is more widely used in stationary batteries. Both Zimbabwe and South Africa have vanadium assets and mines.

Think end of March usually half year accounts and stuff is published. These should contain cash on hand. So...

(own) research is key...

cool down. patience is key

COBALT price 5yr chart http://www.infomine.com/investment/metal-prices/cobalt/5-year/ 60.58x1000GBP/t 12thMarch'18

http://www.mining.com/cobalt-price-bulls-worst-fears-may-just-confirmed/ Jan. 4, 2018 "In December luxury vehicle maker BMW said its needs for car-battery raw materials such as cobalt and lithium will grow 10-fold by 2025 and that it had been surprised at just how quickly demand is accelerating. Automakers including world number two Volkswagen have been scrambling to secure long term supply contracts, with little success."

I think PIs can only benefit from this development when joining juniors for the long term. and i dont know of too many. ABM possibly will play a key role in worldwide supply. just remember RNS 12th March...."There are seven large mines within 25 kilometres of Kisinka. The two mines for which ABM has data together produce 7% of the world's cobalt."

cherryburn just one swift look.... https://www.bloomberg.com/news/articles/2018-03-13/vw-secures-25-billion-battery-supplies-in-electric-car-surge VW secured 20bn EUR in battery supplies according to this recent publication. So everyone has to do their own due diligence but ABM made exactly the right move into this highly attractive market with its focus on COBALT and COPPER.

drifting yes but not too much Id say. Have seen it worse elsewhere. like you said. we need drilling results

good start so far

I think there are plenty opinions out there that suggest the need for battery metals i.e copper and cobalt will exceed its supply cherrburn, but I do also think this BB needs some balance. Otherwise we have no real discussion which would be sad for good

8March2018 https://healthcaretrends24.com/2620/global-microbiome-therapeutic-market-revenue-is-expected-to-reach-us-897-3-mn-by-2025-end/ "At present there are no marketed microbiome therapeutics in the global market; however, the first drug is expected to be launched in 2018." Sounds encouraging. Interesting sector indeed.

https://mobile.twitter.com/Rogermurphy29 Have some reads and stay ahead. Actual value anything but not reflected obviously

https://twitter.com/AfricanBattery/status/973458042753863680?s=20

think we will find out soon

added to watchlist

also buys and sells indicate interest in ABM. kind of balanced, but it will need time though

we all (should) know to never say never on AIM but what you just said puts ABM in a comfortable position as a junior so to say

Given the prospects at hand, recent RNS and the need for cobalt - I would also assume that ABM is able to identify interested parties. Should all come to fruition this year shouldnt it

ehm, well, yeah, think you mentioned that already :)