Member Info for IAmNotSpartacus

Let the re-rate commence!

Don't think you've read (or understood) the RNS Hazbeen. The company converted the CLN's and instead of receiving cash, Kabunga received shares based on a conversion price of 2.2p of debt per share. The RNS stated Kabunga hasn't sold any shares since June.

Well he’s a Tanzanian native and could’ve opted to take the cash instead. I think he knows what’s coming soon

Given the company never RNS'd it we must presume that they deem this within the boundary of previous resource estimates wherein ROI figures were only based on 25% of the available resource. I expect they're saving this for a bumper sequence of news events once the ML lands.

@wasa This is the mining portal: https://portal.madini.go.tz/map/
Search for "Graphite Advancements" in the top right hand corner as this is their tanzanian company.

New prospecting license submitted on 9th August for the area surrounding our mining application. Don't think the company would've submitted this unless they've been given the nod of the mining application? Getting plans in place for extending the mining area?

They were just prospecting licenses. That date corresponds with the meeting date that we supposedly got the 'nod' isn't it?

There's been no update since 9th August. I reckon the Portal Updater is on holiday!?

This is one of the most undervalued stocks on AIM in my opinion. The mining license opens us up to realising true value

spoke too soon, unless someone's having a laff!

Seller out? Not been a single 100k sell today, which is the first day this has happened for a LONG time!?

That's sometimes true but not a reliable indicator. Many PI's like to accumulate in round numbers, and we haven't seen a concerted set of large value round numbers to indicate any significant II position building, in my opinion.

I think you'll find that said investors are very close to the CEO!?

Very good indicator that the ML is coming. If MB was in any doubt surely he would've been repaid in cash, rather than shares.

But I'd expect it's 16% of profit, so Capex and opex costs would be deducted before paying the government their slice. I think I recall on another mining company, there being some reasonable terms on which the government apply their slice.

The application disappears today, the same day as the company's investor presentation tweet. I don't think this is a coincidence.

Our application entry no longer showing - believe it's about to be an "Active Licence" hence the forthcoming investor presentation!

Just waiting for the ML to arrive in the post

Sounds about right

What's your agenda Amtech?