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Hey Funky saw your post about the patents earlier and it reminded me of a post I made a wee while ago, went searching for it and can't believe it was in October 2016 when I posted it but maybe worth while posting the guts of it again.... The following is a list of countries where patents are held by Alexander mining for their Ammleach, Metaleach and Hyperleach technologies, possibly not exhaustive though. North America - USA, Canada Central America - Mexico South America - Chile, Peru Europe - France, Turkey? Africa - Democratic Republic Congo, Morocco, South Africa, Botswana, Zimbabwe, Namibia, Tanzania, Zambia. Asia - China, Mongolia Australasia - Australia There is a question mark beside Turkey as I was unable to find the specific patent but believe the patent exists due to the previous dealings with Red Crescent Resources. Some countries like Australia, Canada and the USA have more than one patent. The earliest date of expiry I can find is 11th July 2028 and the latest is 28th March 2033. A lot of patents are for one or more target metals which I believe would cover all metals that could be leached during the process........ A lot has happened since posting the above, specifically the projects relating to Lithium and Vanadium. We just need a lucky break to bring us world domination, maybe it will happen this year. Best wishes
The last placing gave us funding for the whole of 2018. We have a possible two monetising projects due completion in the next few months (Vanadium and Accudo). Could it be that we have seen the last dilution of Axm and are now looking at a continual funding and rise in share price that signifies the turning point here?
Could be a good year coming up Nice to see everyone is still here
6 weeks since the last RNS. 2017 - 25 RNS releases 2016 - 30 RNS releases 2015 - 28 RNS releases 2014 - 23 RNS releases 2013 - 35 RNS releases An average of one every two weeks. Must be due one shortly.......is it the biggy?
Hi Trillsg fwiw, here is my take on the Accudo situation Having re-read the original licence agreement (RNS 25/08/16) and the latest update regarding Accudo (RNS 13/12/17) I think that Accudo are looking to finance the DFS to achieve the BFS. From what I can interpret it appears that the commitment by Bluemount was made to finance Accudo for the initial process up until completion of the Scoping study...... (Pre-funding for test work and a full Scoping Study on the first targeted opportunity has been committed. Subject to the Scoping Study being positive, Accudo foundation funders and BlueMount clients will fund a detailed feasibility study.....RNS 25/08/16.) Obviously the scoping study has been positive and now Accudo have asked Bluemount to request that their clients fund the DFS "........ (Accudo has advised the Company that it is sufficiently encouraged by the technical work undertaken to date and its preliminary economic model, that it is currently seeking expressions of interest from strategic, industry and/or financial investors (clients) for funding to effect the acquisition of the Project assets. Its earlier intention was to decide on whether to acquire the Project once the DFS was completed. In the interim, the DFS work has been put on hold pending this further funding for the acquisition of the Project, completion of the DFS work and, if favourable, the commitment to complete a BFS.....RNS 13/12/17) In my opinion, there is still some time to wait for a definitive result from Accudo and as a result any royalties. The danger for Accudo is that if they keep treading water and continue to fail to take advantage of their position then Axm have new opportunities to exploit if they can establish their Lithium or vanadium project ahead of schedule. Axm may find that interest in their copper, zinc and other metal leaching is renewed and open to further negotiation with bigger players than Bluemount. It's all positive in that Accudo find our process good enough to seek further financing. Just my opinion. I am holding long and strong here.
I believe those companies also need sulphuric acid at high temperatures to extract the Lithium trillsg. We will hopefully have an environmentally safe ammoniacal leaching process at ambient temperature. Nice to see you're still as enthusiastic as ever
The time limit on the patents would have been relevant if they were expiring next year, but they are not, we have at least 10 years till the first patent expires. Accudo are approaching the end of their tests and will provide a definitive guide as to the effectiveness of, metaleach, Ammleach, hyperleach etc and an indication as to the likely results of the lithium experiment. I can't see any big mining company prepared to wait 10 years plus in order to take advantage of our tech for free. I would rather pay 3% royalty for 9 years, than continue in an uneconomical direction in order to take advantage of a free technology that is available a long long time from the present. Axm should be in a position to use their royalties to acquire mines and mining operations to optimise their revenue within a set time period. The world metal mining industry is valued in the billions annually, which gives us the opportunity to achieve a 3% royalty on those billions, with potentially sustainable profits of our own in certain mining acquisitions. To me it's a bit short sighted in writing us off just yet! Lots to come here
Yep, me too. Always checking in for that life changing news. Soon (hopefully)
Hi 5ft.ipI have to admit you and Chesh have the brackets market sown up. (I'll stick to ramping) All the best
I might consider top slicing at 30p but if we get to that sort of price it would mean that there would be substantial more upside come. Axm would be in an ever increasing royalty based revenue stream with potential to use that revenue to buy and exploit their own mines further, increasing their income. A 30p share price would value us at an mcap of �240m. Axm have the potential to generate an annual revenue stream of much more and any buy out should be in the billions. 30p is a good price but certainly not the limit. (Wish I had the hang of the brackets thing)
Homer Simpson cashed in his Apple shares to buy a bowling ball. Not the brightest. Could Axm be the next apple?
Hi Chesh. I actually don't remember posting that or going to bed lol. Big year coming up, hopefully. Have a good one
Hi folks. Hope Santa was nice to you, especially as everybody here should have been on the nice list. I am not an expert on the daily trading here but 6 million sells should have resulted in a share price dip. Any suggestion that there is another buyer in the background or is the volume to low to impact the sp?
Hi Trillsg, good one. I reckon just as chocolate digestives are the uk's favourite biscuit, then Ammleach, Metaleach and Hyperleach will become the worlds favourite way of extracting metals. Maybe we should be emailing Greenpeace and every other environmentalist to let them know these processes exist and that they are on a par if not more efficient than acid leaching. I remember your post from many months back highlighting China's intention to spend billions in cleaning up the environment and it really resonates with me. Martin and co should have done this already but it is quite obvious that they haven't. Even Trump wouldn't be able to find a reason to object to this technology. Imagine how popular any government would be if they switched to an environmentally friendly metal mining solution. The only people that would lose out is acid manufacturers and who really cares about them? Accudo will deliver but if I get time I might do some research and start emailing influential groups and politicians. Any ideas where we should start? You're still the bestest girl I've never met. Hope Santa is really good to you. Have a lovely Xmas to you and everybody invested here, especially Chesh, 5ft, Barney, funky, Dusty and ICL ( even although they are on some other planet), BIKWIK, Michaelfleming, nipknot, NGC, DShox, Jarem (one of our biggest holders, I think) and hopefully firewood gets the chance to get back in. Think all of you contribute to the best board on lse and you are great. 2018 could be our year
Tuesday is the big day. Channel 5 Tuesday night 9pm. Britains favourite biscuit, a countdown of the top 20 favourites, must be a sign. I'm going for a chocolate digestive as the winner. Any other guesses?
Nice one trillsg. Thanks
You could be right trillsg. it could be placees accepting a small loss just now with the security of being able to partake in the warrants at some point in the future. I much prefer to be researched in my investment though and after today's update I am very happy with current progression. Have a good one
Hi Trillsg. In my opinion what happened today is the typical AIM response to not having results yesterday. There appears to be an inherent failure to see the big picture. Today's RNS put us in a much stronger position than we were in yesterday. We now have confirmation of commitment from Accudo, an explanation for delays in the Lithium process, a better understanding of what is happening in Africa and Mongolia and exploring new possibilities in the states. We are funded for the whole of 2018. There is so much to look forward to and yet we close near our all time low share price. I would be quite happy if it stays here for a while and hope that other investments come to fruition so I can invest heavily here. This could be the share of 2018 but some people can't see beyond the weekend. I'm not going anywhere. Too much potential here for me. Have a good one
Good point trillsg. The money was set aside to carry out the DFS. Results so far must be encouraging or they would have called it a day. Accudo have a big prize at the end of this with the granting of the licence for Australia so for them to seek further investment to obtain assets is indicative of their confidence in Ammleach. Didn't read anything in that RNS today that would make me sell other than potential delay on news. Have a good one
Very encouraging update this morning if you are capable of ignoring the extra time needed. Results are comparable to acid leaching but acid leaching is uneconomical. Recoveries of 60-85% (unoptimised) .....Does this mean it can be optimised? Accudo have changed their plan. Originally planning to complete DFS before acquiring assets but now looking to acquire assets to take it to a BFS stage. Accudo has indicated that expressions of interest have been encouraging and several organisations are currently accessing the Project data room. Lithium results due soon. My opinion is that the data room opened by Accudo is going to advertise that Axm' s processes have the ability to make uneconomical mines economical. A little bit longer to wait at the moment but very encouraging. IMO