Member Info for dan1nat1

I thought we might have been marked down today based on Sports Direct news...maybe we are actually turning the corner

I wont be surprised to see a takeover offer come in soon, the planning to get that funding in place has not just been dropped two days after its announced for the dodgy reason they have given in there RNS.

The fund raising could have forced the hand of a potential takeover bid...full story not known there imo.

What are people’s thoughts on a takeover rather than a farm in?

Overhang looking to be cleared, and shorts needing to be closed should see this bounce substantially from here.

Lithium Research and Development Joint Venture Update
· Wardell Armstrong International engaged to provide an independent high-level audit of the results of the initial test work
· Initial test work and high-level audit expected to be completed in approximately three months
Alexander is pleased to provide an update on the Lithium Ore Processing Joint Venture ("JV") with Dr. Nicholas Welham, Alexander's Principal Technological Consultant.

The JV covers the testing and development of a potential heap leaching process for hard rock lithium ores and will also investigate reducing the complexity and cost of the conversion process from mineral to battery grade lithium carbonate and/or hydroxide.

Alexander has engaged UK based Engineering, Environmental and Mining industry consultancy firm Wardell Armstrong International ("WAI") to provide an independent high-level technical audit of the results of the initial test work in Western Australia. It is anticipated that the test work and WAI audit should be completed in approximately three months. This audit will provide independent verification of the process, sufficient to ascertain whether or not more detailed work would be beneficial.

WAI was chosen to be retained by Alexander Mining to advise on the JV's potential novel lithium ore processing technology as a result of WAI's involvement in the on-going, highly successful Flexible And Mobile Economic Mineral Processing ("FAME" - http://www.fame-project.eu/ ) technologies project.

FAME has received significant funding from the European Union's Horizon 2020 research and innovation programme ("H2020") and has involved a significant amount of lithium related mineral and chemical processing work. There are currently 16 partners from seven countries involved in the FAME project consortium, focused on new solutions for the sustainable production of critical and strategically important raw materials.

The initial audit work will be undertaken by Dr Chris Broadbent, WAI's Research Director and Project Co-ordinator of FAME. He has considerable recent and ongoing experience of mineral processing options for hard rock lithium bearing minerals.

Peel pushing the bid...always a good sign!

If we get a 7am RNS with good news this is easily £1.50 + before the opening bell!

It won’t take much to push it back up, it’s probably marked down because we close down in the States.

This is from the SAV update today -
“We are intent on teaming with a group with best-in-class lithium experience and capabilities to ensure we maximise the significant value potential of our Project."
If we could get in with a high profile project like this we could fly...

The buys are starting to come in now...maybe America has woken up ;)

I prefer Transferwise ;)

I sound like you... ;)

Or order being filled?

"So the 250k trade was a sell?"

And yet the real bid is on the up...overhang cleared?

You fail to point out the real bid has increased to 8.75p!!

He must have finished loading up at these low levels ;)

Foot are screaming to be taken over if this depressed sp continues, I would t be surprised if there is already some stake building going on in the back ground.

http://www.dailymail.co.uk/money/investing/article-5951631/INVESTMENT-EXTRA-Make-super-charged-bet-electric-car-boom.html

Nice post ICL, if AXM hits £1 I will have a fantastic early retirement ;)