Member Info for fatbanker

makes bitcoin look like treasury stock

faramog - you may well be right but my point is once the herd see the BMN numbers that we know are coming, I believe they will see ATM is a significant minority shareholding of BMN, and that will attract attention to ATM. If the next RNS here, confirms enough production to cover overheads has been established then I will be encouraged.

when bushveld catches peoples attention I expect ATM to be taken more seriously.

11.25p

Strategy The strategy of the Group, following Admission and as set out in the Company's Admission Document, is to become a primary producer of tin metal and concentrate and, through a consolidation of further assets and potential smelting facilities, becoming a global tin explorer and producer with a relative bias towards Africa. The Placing and Admission are an important part of executing this strategy. The critical component of this strategy lies in the upgrading of the current pilot plant operation into a producer of 65 tonnes per month of tin concentrate. The Directors believe the cash flows and test work conducted over the course of this development will allow the Company to develop a significant knowledge base to advance towards a bankable feasibility study and an expanded plant production of up to 5000 tons per annum of tin concentrate, grading at 65%. The Tin Market Tin is a highly versatile metal with its primary use being as a substitute for lead as a solder in the electronics market. Overall, global tin supply has been decreasing as older mines run short of mineable reserves and a long lead time for the development of new mines in difficult political geographies. The International Tin research institute have predicted a sustained deficit of Tin supply into the market. Afritin intends on exploiting this deficit by bringing one of the largest open cast deposits of its kind into full-scale production. Prospects and Outlook AfriTin's growth strategy is to focus on upgrading the pilot plant at Uis and advancing to production as quickly as possible, in the longer term the Company will also be seeking additional acquisition opportunities as it seeks to deliver on its stated strategy objective of becoming the African Tin Champion. 2017 has been a busy time in which we have completed acquisitions, a fundraising and the Admission to AIM a n d I would like to thank AfriTin's Board, employees, shareholders and stakeholders for their ongoing commitment and support. I look forward to a busy 2018.

after my last post, my parcel arrived today, almost 2 weeks after order, no communication, one item refunded as not available. at least it arrived but dreadful service. I found out they are selling stock from regional shops and then shipping it to Rotherham to then pack and ship out. crap business model. I was planning to invest here to get the shareholder discounts but after this I wont bother.

I placed an online order 23 nov. parcel tracking says being processed so not yet posted, several emails ignored and the phone system is permanently engaged. I think they are going under. try the phone yourself 0845 301 1172.

Barclays have written to me saying they have delivered 3 working days late but 5 working days is allowed in the brokers small print and 10 days by the FCA. I suggest we all wait until we have been contacted then confer. The next step is to forward your Barclays letter to the financial ombudsman with details of your claim for them to offer financial opinion. I am not hopeful but will be taking it to the FinOmb anyway. I am going to close my accounts with Barclays before they do the same again with BMN's likely upcoming float of the coal business. When I suggested my shares had most likely been lent to shorters for 3 days the complaints guy went very quiet on me. They might be legally right, but morally they are well out of order. gla

older - 1. the fund raise is to cover this 2. I think its very soon. 3. the objective is for the pilot and lowball commercial production to finance ongoing growth. I wouldn't rule out more placings but to say in the next year is pessimistic as they are fully funded for a year at least. Bmn likely to maintain focus on vanadium, so I would think wouldn't be guaranteed to invest further in tin, but who knows. 4. who knows. I don't see this as a 2 year multibagger, but more a 5 year multibagger. gla

tidus - its a smidge under 300m shares. opening mcap was about �11.5m at opening price 3.9p. A substantial % of shares were issued to the shareholders of BMN, at no cash contribution, in ratio to their holdings in BMN. there are two institutions with 11% and 6%, plus BMN retained about 15%. Once the initial cash out and run holders slow down we will see the SP descent slow down and investor focus will be on speed and cost to production. This is a good open cast tin asset but its still some time off meaningful production and cash flow. Strong BOD. gla

I phoned them twice today they are in a right state, they keep you waiting hours, promise you to call back, don't phone back. pitiful. gla

don't forget Barclays platform users only got their shares on Friday, this is them selling out and bmn holders selling to top up in bmn. This hasn't bottomed yet but it will calm down eventually. gla

for the record, best price to sell after 11am 2.8p.

yes but I was fishing all day. I haven't had a chance to look at the trading activity.

what time of day did they appear please?

knuttie - it was a new issue and sales went through within the first hour of trading so Barclays will struggle to argue that my claim shouldn't be for full value. that's the way I see it.gla

good luck. I am going fishing tomorrow so will see how it looks Monday. I wouldn't be fobbed off with a couple of hundred quid which is prob their starting position.

no sign of shares today, big surprise. I am holding out for full refund back to 3.9p. they have denied me the opportunity to sell so they can pay up. absolute garbage outfit.

today was the day I was promised but 30th November keeps getting a mention. I have phoned a few times, calls are recorded, to complain. their complaints process takes 6/8 weeks they say. give them a call 0800279 3667 another number, 0800 0234 567, financial ombudsman

nvhltd - I respect your view but this is a medium to long term investment if that's your thing, if not, exiting and investing elsewhere makes sense. its currently a non producing mine which has issued free of payment shares to a large number of investors and it was a certainty many would sell out early. Personally I am waiting for the bottom and will then put a few quid in. good luck with your investments.gla