Member Info for ICL1960

https://investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/udokan-copper-project-kicks-construction-stage/

Fly, Martin, Fly!
Must think in Russian!

https://www.youtube.com/watch?v=lMqXiYNS4J4

Acid bad, ammonia good. =

Кислота плохая, аммиак хороший.

Old news.

RNS Number : 4205T
Alexander Mining PLC
03 July 2018

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AXM/13703450.html

If this is the start of Christianity, who is who?

Mary : Nicholas Welham
Jesus: AMMLeach

Peter: Martin Rosser

Thomas: Matt Sutcliffe

John: Chris Broadbent

Who is Judas? All the Placees who sold at 0.15p!

http://www.oreventure.com/lithium-processing-hard-rock-and-brine-short-course/

Vancouver, CANADA I June 5, 6 I 2017
Toronto, CANADA I June 1, 2 I 2017

Course Outline (Two Days)

1.0 Introduction (History, Market and Trend)
2.0 Mineralogy and Geology (Hard Rock and Brine)
3.0 Crushing and Grinding of Lithium Ores
4.0 Coarse Particle Separation (Ore Sorting, Gravity
Concentration, DMS, etc.)
5.0 Fine Particle Separation (Flotation, Magnetic Separation, etc.)
6.0 Metallurgical Testwork and Case Studies (Typical Flowsheets)
7.0 Concentrate Conversion (Chemistry, Mineralogy, Impurity
Removal, Leach Process, Metal Production)
8.0 Brine Processing (Geochemistry, Process, etc.)

https://docs.wixstatic.com/ugd/7d8abb_f66f0c433e1642d7bd8105dfbb032b46.pdf

Looking to the left, there are Plenary Sessions, Oral Sessions, alternating throughout the three days,
so Presentation, then Q&A, Presentation/Q&A, like you would expect in any conference. And then the Two Hour Short Course.

It's like a free taster for the two Day "Short Course".

This one was one day though:

https://www.linkedin.com/pulse/lithium-ore-processing-course-london-5-june-nicholas-welham

He seems to like first week of June for courses.
Must be time for miners to migrate.

This implies when they assigned me a book report, I could have just handed a copy of Julius Caesar in?

https://docs.wixstatic.com/ugd/7d8abb_f66f0c433e1642d7bd8105dfbb032b46.pdf

Right at the very end, on the last day:

Short Course
16:05-18:05

Hard rock ore processing for lithium
production

Martin Rosser (CEO) and Nicholas
Welham (principal technical
consultant) from Alexander Mining,
UK

YouTube? I would watch it.

The last thing I want is for an early bird to get the worm.

I want ten bidders from Australia, Canada, Russian AND China to compete for AXM.

Left alone, I hope for £1 share price in 2028, with a matching dividend of 5p a share.

The entire world is ignoring AXM, as a has been that will never come good.
By 2021, when we start receiving royalties, the world will understand how wrong it has been.
The cheapest option is to buy AXM, is their initial reaction, and then the bidding war starts.

As far I'm concerned, we will be forced to sell by 2022.
Refusing to sell is not an option, unless we can get some institutional share holders on board.
They will have experienced professionals, who will not let it go too cheap.

A Unicorn valuation means market capitalisation of £1billion.
Let us assume we will have 3billion shares, due to special placings for pension funds and investment trusts.
So, an offer price of 35p per share, in 2022.

I will vote yes to 35p.
Don't let some metal detectorist pick up AXM for 1p a share, for god's sake.

Brief Theresa May.

She can hold us up as a shining example of British Innovation, and the future of Brexit Britain.

Tax wise, Alexander is based in the UK, so can't get out of paying Corporation Tax, unlike Star Bucks, or Amazon.
If she really wants to push it, she could sell it like we have just discovered North Sea oil, since we are going to get a cut of the world's metal production. Just think, we can account for 1% of the Exchequer's income.

Personally, I hate paying taxes, which is why my AXM shares are in an ISA, well, most of it, but corporation tax can't be helped.

The future is bright, the future is Ammonia!

Audit is for confirmation of results Martin et al already know.
Otherwise it would be "Could you mark my homework before I write the essay, Miss Jones."
You have to do the presentation when punters are gathering, and swing your tassels, audit or no audit.

I have a technical background, and smooching customers was never my forte.
In fact, there is a reason why we are backroom boys.
Social skills? What's that?

As far as sales strategy is concerned, I have always considered salesmen to be a necessary evil.
Products should sell themselves, because I made them so well, right?
Sadly, I don't think so.

As far as I'm concerned, every morning, Alan Clegg has a big executive decision: Brylcreem or blonde wig.
It could decide the fate of AXM!

Seducing customers so they sign on the dotted line, it's beyond me.
Do they do KY Jelly in sachets?
A combo pack, Salesmen Edition: one condom, one KY Jelly.
Motorway services. hotel toilet automat.
Women can buy them, too.
A nice little earner there. Dragons Den?

To summarise, there are two possibilities:

Scenario 1
_______

It IS Charlize Theron, she IS horny, and she is staying in the Presidential Suite, and room service is ready to bring you KY Jelly on request.

SP = £1 share

Scenario 2
_______

It's Alan in a blonde wig.

SP = 0.01p

If you bought in at 0.12p, is Scenario 2 really that bad?

I'm in it for Charlize.

"When will that ever happen?"

All the optimism has been squeezed out of investors by 13 years of failure.

Seasoned AXM investors are so cynical that, if Charlize Theron walked up to him, and said, I am so horny, you are the nearest man with a shlong I can find, he will say, you are trying to get me to pay for your hotel room, aren't you?

When you do get up to her room, you will find she is Alan Clegg in a blonde wig.
He and Martin tie you up, and pay for the hotel using your credit card, then leave you tied up for room service to find.

I surmise that is how Yellowsnow sees it.

Day traders, here yesterday, gone yesterday.

Total volume yesterday was 201million shares.

At 15% spread, the market makers made £30k+ in one day.

To the newbies, drawn here by the Riser charts, we are betting:

Metal prices rising to make low grade ore attractive.
The world is running out of high grade ores, so Miners look to low grade ores and tailings.
They know acid works, but might get slapped in the face by Environmental Protection.

We need to prove we are lower cost (including cleanup cost, as well as operating cost), and less polluting.
We know it, but the world doesn't.

When we are known to get past, every miner will want to use our name to get past Environmental Assessment, for which we need to charge a deposit, to weed out the chancers. Redeemable against future royalties. Otherwise, cowboys will put a prospectus out, with the Alexander logo up front, con investors, and disappear with the money. We can get assoicated with scams and lose credibility.

I was thinking the business model was like Microsoft, but it's better than that.
Somebody buys a copy of Excel spreadsheet, and can use it a lot, but pay no more.
With AXM, it's like they have to pay us every time they run a spreadsheet.

"The SISP facility is expected to treat about 100,000 tonnes per annum of oxide zinc ores with a grade of around 5 per cent. zinc, with a final product of electrolytic zinc metal."

5% of 100,000 tonnes ore is 5,000 tonnes of zinc content.
Assume USD$3,000 per tonne, that is USD$15million of zinc sale.
If AXM gets 2.5%, that is USD$375,000, or £288k a year in royalty.

https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1538415099253061700.html

"In the six months to June 30, the mining and mineral processing company posted a pretax loss of GBP276,000,
only just widening from GBP261,000 as research & development costs increased to GBP103,000 from GBP65,000."

Income £288k versus Outgoing £276k

One deal, and we become a going concern.

Assuming 2019 is getting all the permits, and 2020 to build the SISP plant, we get royalties around 2021.

No doubt the BOD will keep some cash for reserves, so we may not get any dividend before 2023.

Pension funds can't get their hands on enough AXM shares ( because we are not selling ;-) ) so what will they do?
Persuade Martin into issuing a billion shares, for 0.25p?
It's not that different from two tranches of 400million shares by Placing, but no need for warrants as sweetener, because they are gagging for it.

When do you do a placing? While it's HOT, or when nobody wants to know? 29th August? When Accudo plopped?

The Interim says cash is good till June 2019.

Even if Deep South starts paying the US$7,500 per month, it won't keep us going till 2021.

Do it on 31st May 2019?

On the back of the Proses RNS, 0.18p/25p should sound good.

Who knows, maybe the 0.15p/22p Placees will double up.

The suggestion is the Proses RNS is a ruse to jack up the Placing price.

We need to wait for Donald Trump to leabe office anyway, so the sanctions against Turkey and Iran get lifted.

So, November Placing at 0.18p, with warrants at 0.25p, say.

Proses.

Champagne! champagne!

I always thought Turkey is to do with prolapses, but that was just my subconscious can't spell.

https://kidmanresources.com.au/projects/mt-holland/

Confirms Earl Grey as one of the world’s most significant hard rock lithium deposits

Within the Mt Holland District three basic varieties of pegmatite have been recognised historically. These include;

Complex zoned pegmatite containing spodumene and albite in addition to coarse perthite and quartz

Albitic aplite rich in black tourmaline and commonly containing cassiterite;

Coarse cleavelanditic albite veins with minor apatite and spodumene

hard rock lithium, pegmatite containing spodumene, Yummy.

Martin, tell Alan to put on his Brylcreem, and start selling.

Make sure Alan knows about the Lithium joint venture, otherwise he's going to come back and say he sold ten Ethereum coins.

"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."

Lonely places, mines. Out there, not a sheep in sight.
I will vote for more options for Alan, at 0.22p, if he has to take one for the team.
Are condoms and KY Jelly tax deductible?

"Habib is not spelt hiab" ?

Dyslexia has become contagious.
Babel Epidemic!
It has started, soon no one will understand what anyone is saying.

I knew it, building those towers are just asking for trouble.

"the HIAB copper project in Namibia."

It used to be:

"Deep-South holds 100% of the Haib Copper deposit in the south of Namibia. Haib is arguably the oldest porphyry deposit in the world and one of the largest in Africa"

HIAB : Highly Improbable Alan BullShi'ite.

A salesman will try to sell anything, when he doesn't even know an abbreviation from a place name.

Maybe Martin got him on board because Martin is no salesman.

I hope, by some miracle, AMMLeach will succeed, not because of, but despite these clowns.

"The Company's cash position at 30 June was £662,043.
Based on the current budget, the Company should have adequate working capital through until the end of June 2019."

At least they have funds to last till June.

Sadly, it's shale all over again. There's interest when metal prices go up, and nobody takes your call when it's down.

You are betting they will hone the technology, and will be ready when the demand hits.

Of course, that kind of shortage might also mean the world is on its last eggs.

The sub £100 trades today are bugging me.
They cannot possibly be anything to do with with the Interim.

Is Putin sending some instructions to his minions?

Is somebody testing the MMs to see if they are holding too much stock?

More hilariously, somebody who failed GCSE Maths, and thinks the share price is 13p per share.

Finally, enough money to buy a carton of cigarettes.