Member Info for ICL1960

The news will determine whether we do a new placing at 0.1p, or 0.3p .

If we get to 0.3p, I could do a no money down set up.

E.g. if I bought 10m shares for 0.15p, for £15,000 , I can sell 5m shares for £15,000, at 0.3p, and still have 5m shares left, which costs me £0. That is, in fact, what the Placees could do.

Friday the 0.13p?

Save 0.13p for next week, 0.125p for today will be fine.

Remake of a John Carpenter classic.

Multicom is having tea and biscuits on 23rd September in Julia Creek, trying to sweet talk the locals.
Scientist have found Ecstasy works on Octopi. They want hugs.
Slip them some, and hug a local. Have a Love-in.

Like to hear something from Jan King, of Duard.
Hole up in a hotel bar in Johannesdurg, and talks to any passing engineer who will buy him a drink, no doubt.

Income

Revenue £0

Expenses

Rent £200k
Tea £100k
Biscuits £200k

Profit/Loss -£500k = £0 - £500k

Maybe I should open up a Table Dance club, called Tiffin', near Borough Market. , We take Corporate Diners Club, and Amex. Charges show up as Afternoon Tea.

That 5m Buy was a bargain, at 0.11p.
Now it's 0.1149p for 1,000,000

Easy to sell that 5m for 0.13p soon. That's £1,000 profit. For somebody else, groan.

Really have to sell some next time it gets to 0.15p, to make some headroom for trading.

At least the RNS on Thursday tradition is observed.

I have seen flipping houses, and now I see flipping mines.
Deep South is hoping to buy a mine for £ X, do it up, and sell it for more than they paid.
Their mind set is buying and selling, and taking the profit when they can get it.

They started the deal when copper was going up, so they hoped the Kapili Tepe mine will appreciate in value.
On top of that, they are betting the Turkish Lira will crash, which is the reason for the change in structure of the deal.

If they make CAD 800,000 because of the Lira crash, they can sell the mine at a loss of say CAD 300,000 , and still walk away with CAD 500,000 profit. Bird in hand is worth two in the bush.

June 19, 2018 – "Upon completion of a satisfactory due diligence, "

September 19, 2018 – "Deep-South has also completed its due diligence of the Project and of Quantum and will close the acquisition upon receiving the approval from the TSX Venture Exchange."

"The Seller is the beneficiary of a non-guaranteed subordinated loan bearing no interest totalling TRY 3,800,000(Turkish Lira) from Quantum."

No interest, sounds dodgy.
If the Turkish Lira tanks like the Venezuelan Peso, the loan could be taken over for a lot less.
It sounds like a currency play, because they think Turkish Lira is about to crash.

Assuming Quantum has a good credit rating, so can borrow TRY 4,000,000 at 5%, fixed rate, from Bank of Cyprus, before the recent hike in interest rate. Quantum lends it to Baltic, which converts it into CAD 1,600,000 , at TRY 1 : CAD 0.4 .
Lira crashes, to say TRY 1 : CAD 0.2 , so TRY 4,000,000 is now only worth CAD 800,000.
Deep South takes over the loan by paying Quantum CAD 800,000, instead of CAD 1,600,000.
Quantum converts CAD 800,000 into TRY 4,000,000, and pays Bank of Cyprus back, on top of the 5% interest it has been paying.

Baltic can pay back the loan, but why should it, since it pays no interest.
Baltic is up CAD 1,600,000, and Deep South only paid CAD 800,000.

They made ~CAD 800,000, without digging a shovelful.

Theory: druids have been dogging near Stonehenge for centuries.
They also relieve themselves in a latrine nearby.

They found lithium and vanadium residues in the latrine.

It took them years to work out that AMMLeach is the cause, as it is an ambient temperature and pressure process.

Conclusion: druids are buying AXM.

Druids have been dogging near Stonehenge for centuries.

Maybe they have been

The Russian secret service have found that it's easier and cheaper to send coded messages by buying and selling shares in infrequently traded stocks. if you leave messages under rocks, you soon get noticed for loitering near rocks. If you get picked up by MI5, you have to say you like dogging near rocks, it all falls apart really quickly.

"Alexander Mining plc wishes to announce that it has been approached by a number of multinational mining companies which have a commercial interest in production using its AmmLeach® ammonia leaching technology under licence. In addition, one company has made an indicative, non-binding proposal to purchase the Company's AmmLeach® technology, on an outright basis, for its global operations."

This is the Dragon's Den moment. Mines need the resources of the big boys to progress to production, just having the IP is whilstling Dixie. If I was Glencore, I would have to put up all the money, which is easily hundreds of millions, to try out AMMLeach. If it works, AXM shoots up 50 times, and I have to pay 2.5% forever. This is a mug's game, for Glencore.

AXM should have offered generous discount terms, like 0.1% royalty for ten years, for the brave first adopter.

Keeping the toy all to yourself just means nobody wants to play with you.

Introductory Discount.

Instead of charging for the firs passenger to Mars, Elon Musk should offer a free seat.
It's cheaper than paying for a test pilot that won't make it back alive. Mug.

Money for old rope.

Just a bump on old news (thread = rope, so apt).

AIM is how old economy raised money, internet start ups use crowd funding.

They are all alien eggs hoping to find a host, so they can burst forth onto the world..
Sadly, most will not make it.

People who want steady return, can pick up some BT.A, which is is paying 6.8% dividend.

The funny thing is, you only pay 7.5% basic rate, after the £2,000 tax free allowance for dividend;
whereas you pay 20% basic rate on interest, after only £1,000 interest allowance, and you only get 1.5% interest.

AXM is a flutter, not the main investment. It's a lottery ticket, which I buy as well.

Premium grade ore is running out. The world is beginning to scrape the bottom of the barrel.
Shale is the prime example.

The increasing population will need more and more , driving up the cost of raw materials.

What was uneconomic to extract at $10 becomes attractive at $30.

If AMMLeach costs $2 to extract a unit of copper, instead of $3, they will use AMMLeach, instead of caustic soda, acid, etc.

So, look out for news of the world population going over 8 billion.

Just look through the RNSs.

Lithium audit, St. Elmo (Vanadium), Kapili Tepe (Copper).

1,888.73m shares in issue.

You can buy 56million shares without going over 3%.

Without any income, the potential of the technology took it to 32p in 2006.
At 32p, 56million shares is worth £17.92million.

What once was, will be again.

If the promise of the prophecy is fulfilled, Daenerys Targaryen will ride her dragon into Westeros, and take her rightful place on the Iron Throne.

"I spent my life in foreign lands. So many men have tried to kill me, I don't remember all their names. I have been sold like a broodmare. I've been chained and betrayed, raped and defiled. Do you know what kept me standing through all those years in exile? Faith. Not in any gods. Not in myths and legends. In myself. In Daenerys Targaryen. The world hadn't seen a dragon in centuries until my children were born. The Dothraki hadn't crossed the sea. Any sea. They did for me. I was born to rule the Seven Kingdoms, and I will."
―Daenerys Targaryen to Jon Snow

The fortunes of AXM is the same as Daenerys Targaryen, with Martin Rosser as the faithful Ser Jorah Mormont, because he loves AMMLeach, and could not let her go. After many years of near death experiences, in which AXM could have vanished into the night, Mutlicom the Dothraki has joint forces with AXM.

https://cleantechnica.com/2018/03/25/storen-technologys-vanadium-flow-battery-prototype-outpacing-expectations/

Multicom Resources and Freedom Energy — Partners for Manufacturing and Distribution

November 2017 marked the start of StorEn’s agreement with Australia-based vanadium mine developer Multicom Resources Pty Ltd. This agreement establishes a vertically integrated supply chain for low-cost manufacturing, sale, and distribution of StorEn proprietary vanadium flow batteries.

The Multicom project is one of the largest vanadium deposits globally. With a well-defined drilled resource, the project is rapidly progressing through key milestones related to feasibility studies and environmental and permitting approvals.

Freedom Energy, a subsidiary of mine developer Multicom, is making active progress in discussions with local government officials in Queensland about building an assembly and distribution factory for StorEn batteries in North Queensland.

Vanadium Pentoxide will be trucked from the mine to the distribution facility and converted to an electrolyte. Flat packed StorEn units will be shipped to the factory for assembly, and then distributed domestically within Australia and exported to the Asia Pacific region. By 2025, 70,000 units per year are expected to be assembled and distributed from Queensland.

In addition to the North Queensland facility, Freedom Energy is moving forward in discussions with partners in mainland Asia who will act as agents to establish a strong sales pipeline for StorEn batteries in the region. These agents will also investigate secondary sites on the mainland for satellite distribution centers.

Do we get royalties on those 70,000 units?

To be rich or not to be, that is the question.

Capitalists just aren't what they used to be.

Gun boats up the Yantze, if they don't want to sell tea to the English.

Run a brothel in the DRC. Cheap sex for the soldiers in DRC, Ebola will take care of them.

Then we pose as charity workers, take over the DRC, and leach away.

Make sure we tell our people, NO SEX please, we're British.

11-Sep-18 14:02:43 @0.12p 200 shares Buy* 0.24p

Maybe a two year old is playing on daddy's computer while the adult day trader is making tea?

https://www.northweststar.com.au/story/5636608/epic-saint-elmo-project-hosts-julia-creek-information-session/

"Epic is partnering with Multicom Resources Ltd o facilitate the approvals for the Saint Elmo Project, located 25km east of Julia Creek. Epic are inviting any interested member of the community to learn more about the proposed Saint Elmo Project and have the opportunity to provide feedback and ask questions."

We love the grass, the rivers, and the cows.
The JV leaching method is like Fairy liquid, kind to the environment and gentle to your hands.

Typhoo tea bags, and fancy biscuits.
Make them happy.

Lots of jobs!

The Ask and Bid are tricking the system into displaying Blue for all the trades.

I think 0.111p are Sells, and 0.1175p/0.12p are Buys.

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=238224070

LinedIn is obviously a DIY effort.
I should set myself up as emperor of England.
No doubt there's a hundred already.