Member Info for DonnyRex

https://www.londonstockexchange.com/news-article/MTPH/corporate-update-formal-sale-process-termination/14625710

Don't know why LSE haven't got this. Anyway, no longer under offer. No wonder someone took a short.

African Battery Metals plc, the AIM listed battery metal exploration and development company, was today notified that Puzzles, pet cat of Paul Johnson, Executive Director of the Company, purchased 47 ordinary shares of 0.1 pence each in the Company ("Shares") at an average price of 0.445 pence per Share.

Following this purchase, Mr Johnson and his wife and his pet cat have a beneficial interest in a total of 18,000,047 Shares, representing approximately 4.961% of the issued share capital of the Company.

"Paul Johnson, Executive Director of African Battery Metals commented: "Our team coped well with difficult on-site logistics as grass levels remained high after late rains"

You know you've invested poorly when the company can't even afford a lawn mower.

I for one welcome the attempts of the board to pump this share with every meaningless bit of news they can get their hands on.

I'd love to sell at anything more than a 99.74% loss.

The end is finally in sight.

What a ride. An expensive ride. And a harsh lesson in AIM investing. As in, don't do it. Or quit whilst your 10% ahead and don't look back.

Should have sold at a minimal loss when BigGib and Awkward Turtle were ramping this about 18 months ago.

That the ramping crowd choose this as their next pump and dump AIM share.

In that situation I may be able to sell out at only a 90% loss! :/

Bye Bye Ferensola. You promised so much, and delivered so little.

Although I'm sure Nick Warrell is laughing all the way to the pension fund and his Saga Gold holiday.

To get anywhere near close to getting my money back they'd have to find the Ark, a preserved T-Rex, Shergar and possibly Abramovich's UK Visa. Still, at least some have gotten rich out of Sula/ABM. Happy retirement Mr Warrell.

Methinks that LSE admin need to remove all references to Albemarle and Bond, or there are going to be confused new investors in Sula Iron & Gold & Coltan & Cobalt.... Sorry, African Battery Minerals.

http://www.sulaironandgold.com/ Someone with hidden talents for hacking must’ve been pretty peeved off at Friday’s announcement. Nick.... do you moonlight as a 1337 hax0r in your spare time :p

Given we are now under the nominal share price of 0.1p, the company can no longer issue shares below this value. Maybe that's why the driller took the option now to pre-empt the inevitable drop? If they want to raise any further money they will have to either embark on a major PR campaign (ie. Pump) to get the price above 0.1p, or we're in for another share capital re-organisation (which will require a shareholder vote).

My biggest regret is investing in Sula in the first place. My second biggest regret is not exiting when the opportunity presented itself at around 0.6p this year. I knew a pump n dump was in operation, but I got greedy and thought "maybe it might hit a 1p" trying to limit my losses. No such luck. A very expensive lesson in AIM (as in, don't do it...)

Goodbye Howard Hello external consultancy services Goodbye dwindling cash reserves :/

Definitely not Mine was the purchase of 70 shares earlier. Every little helps! :p

Not much else to do but average down and hope for another spike once the Pump n' Dumpers turn up. This time I won't miss my chance to exit like I did at 0.6p Luckily (Ha!) I'm in so deep even small amounts of shares at this price represent a significant drop in my average buy in price.

Is not selling out when it hit the 0.6p range and settling for an 80% loss. The remaining results are going to have be pretty special to breathe life into this share, otherwise this will limp on until they can't flog any more equity and the money finally dries up. An expensive lesson learnt in AIM investing. (as in, don't do it)

Heck of a final sell, 29mil @ £55k Driller offloading? RM jumping ship? NW raising funds for long awaited Coltan processing plant?

What d'ya know. Another placing. Keeping the lights on and the board in a few more months of salary. When Roger said he wanted to get 10x back his investment, did he mean through sale of his shares, or just through taking a wage and expenses claims?

As a long term holder I regret not selling up at 0.6p. The gold was the last roll of the dice, and the first roll has been a blow out.

Here's hoping that the new drill campaign returns more positive results. Disappointing stuff. :/