Member Info for ICL1960

10-Sep-18 08:36:23 @0.1075p 511 shares Buy 0.55

It has to be a BUY signal.

55p + ~£11 dealing charge!

If only I had an army like that.
At my 55p signal, unleash Hell !

The stock level available to buy is dependent on price, of course.
Nothing at 0.11p, but if you put out a Limit Buy order at 0.15p, an MM will be able to fill it, at least partially.

I would like to see somebody try, to build a 50million share holding, now.
No doubt it's possible, it just depends how much he has to pay.

"so why is the SP anchored to the floor?"

After 13 years of no joy, the share price is deservedly microscopic.
That is why you can pickup one million shares for £1,100.

About 20 years ago, Argentina was on its knees, like now.
I was chatting to a guy, who was hired to sell Argentinian Bonds.
I think they were going at ten percent face value.
Even on the edge of default, which will literally make them worthless, they were still worth something.

Around 2006, AXM was around 30p, which makes 0.1p worth 0.3% of its peak value.

You are betting Michael Schumacher will come out of his coma here.

Mining is full of chancers and swindlers.

You buy a s4itty claim with low grade ores, which nobody wants to touch, for £20k, plus 500million worthless shares. You say the metal deposit is worth £895m, which may even be true, but if it costs £300m to get it out, what's the use? You then concoct a Preliminary Economic study, basing it on a heap leach method, which theoretically only costs £200m to get it out. You can sign a deal with AXM which costs nothing, because you have no intention to dig one shovelful. Now you go round tryign to sell the claim for £20million, calling it the deal of a life time, and then take £10m and laugh all the way to the bank.

More than likely, nobody will buy the claim, so you sell it on for £20k, or whatever you can get.

In between, endless placings and fund raisings brought in a lot more than £20k.

Martin Rosser is surrounded by second hand car salesmen like that,
who just use AMMLeach to con investors.
The hope is to break through to one company that is on the level,
and will honestly use our technology, which does work.

This is AIM, and mining. Do you really expect your money back?

Have we seen these ones?

Shaun McCarthy of Multicom Resources mentions St. Elmo, production in 2021.

https://www.youtube.com/watch?v=ENqAc-IEN7I

Shaun McCarthy on Vanadium Flow Battery

https://www.youtube.com/watch?v=u0NLyPlVD9M

"SP should take off like an exocet missile."

Exocet is an anti-ship missile.
After launch, they skim the surface of the sea, then hits a ship.
The flight path is pretty flat.

If launched from a fighter aircraft, it just goes down.

So, I do not want the SP to go down like an Exocet missile.

Like a rocket, mission to Mars, please.

"Snowman, they aren't trying Ammleach at St Elmos"

Nathan Cammerman, co-founder of Multicom said: "The JV's Vanadium Leaching Technology is integral to any potential mining operations and the offtake agreement with StorEn."

"The Project will use proven processing technology
which includes a pressure/temperature leach
followed by the traditional vanadium pentoxide
recovery process including solvent extraction, desilication,
ammonium metavanadate (AMV)
precipitation and de-ammoniation."

Praying that "JV's Vanadium Leaching Technology" = "pressure/temperature leach"

Otherwise how are we INTEGRAL to the StorEn deal at all?

Who knows? Maybe it's a well known Chemistry, so not patentable.

"Ammonium Metavanadate ('AMV') process route"

https://www.asx.com.au/asxpdf/20180723/pdf/43wq4b5y3rd68m.pdf

The Vanadium in the crude Vanadium-Iron precipitate was separated using the Ammonium Metavanadate ('AMV') process route by first dissolving it in a caustic solution. The caustic solution pH was adjusted with HCl then ammonium chloride solution added to precipitate AMV.

AMV was purified by several high purity water recrystallisations to remove impurities from the AMV.

The purified AMV was calcined at 450-degreeC which converted the AMV to high purity Vanadium Pentoxide that assays 99.51% V2O5 on a sum of impurities basis with 0.1874% Na2O, 0.1007% K2O, 0.0916% SiO2, 0.0306% Fe2O3, 0.0243% CaO and 0.0238% Al2O3

They are crowing because the previous Announcement had the purity at 99.47%, but now they achieved 99.51%

Caustic soda, and HCl (Hydrochloric acid), exaxctly what we are trying to get away from.

Call the people in Julia Creek, tell them to protest.

No Acid! No Acid! No Acid!

https://docs.wixstatic.com/ugd/c46349_dfe4e99345ec4008af6628ee6251e67f.pdf

"Once the Project is fully developed, the initial target
production is 10,000 tonnes of V2O5 per annum, with
the possibility of scaling up to 30,000 tonnes, subject
to market conditions over a mine life of up to 30
years. This would require strip mining of 20 million
tonnes of material per year (run of mine), within the
8,882 hectare area covered by Mining Lease
Application 100162."

"You are Invited

Wednesday 19 September 2018
4:00 – 6:00 pm
Light refreshments provided
Julia Creek Civic Centre
29 Burke St, Julia Creek, 4823"

Fosters? Shrimp on the Barby?

BISCUITS!

"10,000 tonnes of V2O5 per annum"
Metric tonne or imperial tonne?

https://seekingalpha.com/article/4191847-vanadium-miners-news-month-july-2018

Assuming US$18.80 for a Lb of V2O5, and 1 US ton = 2000 Lb,
1 US ton is US$37,600
10,000 US tons is US$376,000,000
30,000 US tons is US$1,128,000,000

Obviously, if more mines are producing V205, the price will drop back.
Prophecy in Nevada is talking about production from 2021.

Conservatively, £100million in V205 sales, and 2.5% is £2.5million per annum.
Best case scenario is 2.5% of US$1,128,000,000 is £21.8million per annum.
Sadly, we split it three ways, with JWI and Multicom.

Even if it's just £1m from St. Elmo, per annum, we will be a going concern, in profit, and no more placings.
Assumng PE of 10, that gives a market cap of £10m, which is 0.5p share price.
If Speewah, King River, is ours as well, that's 1p share price, already.

Once we are financially stable, sky's the limit.

Set the record for the biggest ISA.
Interestingly, it can't be a world record, since ISA is UK only.

It's easier than heading a football for hours.

Just a reminder.

The most commonly quoted figure for membership in the high net worth club is $1 million in liquid financial assets. An investor with less than $1 million but more than $100,000 is considered to be "affluent" or perhaps "sub-HNWI." The upper end of HNWI is around $5 million, at which point the client is then referred to as "very HNWI." More than $30 million in wealth classifies a person as "ultra HNWI."

So, you need about £24million to get into UHNWI.

Assuming AXM will be £1 a share, you will need 24million shares.

At 10p a share, 50million shares will get you to VHNWI.

So, pick the kind of rich b4stard you want to be, now.

And, get those shares into an ISA, 20% CGT on £24million means you end up with £19.2million, so you don't make UHNWI any more.

Also, 5% dividend on £24million is £1.2million a year, so it's (not higher rate 32.5%) additional rate dividend tax of 38.5%. £462,000 in tax!

Don't forget, if you have the shares inside a SIPP, it's 55% tax when you try to take it out, because you are over the £1.03m Life Time Allowance.

https://thewest.com.au/business/public-companies/king-river-kicks-goal-with-new-vanadium-process-ng-b88878501z

"In an update to the ASX yesterday on the company’s hydrometallurgical testwork as part of a concept study on Speewah, King River reported its first attempt using the ammonium metavanadate or “AMV” process had produced vanadium pentoxide with a purity of 99.47%."

"The AMV process is the current focus of testwork conducted by TSW Analytical because King River believes that high purity vanadium pentoxide produced via this process can be more readily upgraded into electrolytes for vanadium redox batteries."

"concept study"?
"first attempt using the ammonium metavanadate or “AMV" process "?

Whereas Multicom is saying "Proven technology"

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AXM/13439720.html

"Nathan Cammerman, co-founder of Multicom said: "StorEn's vanadium based proprietary technology, geared toward the residential market, is a game-changer for consumers who are seeking to lessen their dependency on the electricity grid. The JV's Vanadium Leaching Technology is integral to any potential mining operations and the offtake agreement with StorEn." "

So, is King River selling to StorEN, too? Or is there another redox battery company, like Elon Musk?

If I was an optimist, I would say John Webster is flogging the joint venture to everyone he meets.
Shameless hussy, do it more!

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AXM/13356565.html

Research and Development Joint Venture

Under the JV, Multicom will provide a maximum funding commitment of AUD$250,000 for the R&D programme, which will be conducted by JWI in two stages. Firstly, an initial test work programme, for which the interim maximum funding commitment is AUD$35,000. If this work is successful, it should lead to flow sheet development to pre-feasibility level, and to be followed by second stage feasibility test work, the scope of which would be determined at that time by the JV parties.

Any JV IP created will be owned by Alexander, Multicom and JWI one third each. Multicom has been granted a licence for the use of the potential Vanadium Leaching Technology on terms that include a gross sales revenue royalty for the use of the potential new IP on an exclusive basis in Australia and non-exclusive basis for the rest of the world.

Multicom also has an option to convert its rest of the world licence to an exclusive worldwide licence in return for a payment of US$1,500,000 each to Alexander and JWI at any time within three years from the date of execution of the JV agreement.

So Joint Venture = "AMV" ?

If so, I will be VERY RICH.

07-Sep-18 08:29:07 @0.105p 5,000 shares Buy* £5.25

Friday is a SELL day?

Theory:

There is a Mini-Me crime sydicate, which tries to manipulate stock prices, but they are using pocket money they saved in Piggy Banks.

School project. Learn to Manage your Money, Module Six: Pump and Dump.

It's all to do with metal prices.

Shale was around forever. I heard about Alberta Sands decades ago, but it was just not worth the bother.
Crude price went over US$100, and they all piled in. Crude price went down, and they shut up shop.
Crude price start creeping up, and they start shale production again.

For the miner, is it worth risking the shale/metal price going down, so he has to shut up shop, until the price goes back up?

Low grade ore and tailings are not touched for the same reasons.
We need a metal to stay high enough, for miners to jump onto the bandwagon.
Like shale, some of them WILL go bust, when the metal price dips.

What we can do is, get rid of Donald Trump and his tariffs, so world trade can resume.

The congregation please stand:

Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.

Thou preparest a table before me in the presence of mine enemies: thou anointest my head with oil; my bank account runneth over.

Surely goodness and mercy shall follow me all the days of my life: and I will dwell in a house like a Lord for ever.

The Bid moved.

With all those Buys striking near the heat vent, the Death Star finaly felt it.

Not so much reactor overheating and blowing up, more like piles.

Keeping blasting that heat vent, boys.

Pump the xhit out of that orifice.

Is it the Greek helmet, and the fact that Alexander of Macedonia was probably in love with Hephaestion?
Is it becasue AXM is so gay, that macho miners don't want to touch it?

Blast it, smelt it and electro the heck out of it is macho, but leaching is gay, like soaking a ramekin?

Just flicking the Ask to drum up interest.

If it was the Bid, then there's a big order waiting to be filled.

We are in play.

Somebody is waving that flag again.

04-Sep-18 15:54:24 @0.10 2,880 Shares Buy* £2.88

It's oddly like Star Wars. X-Wing fighters gather to storm the Death Star.
Prequel or sequel, they line up to assault that heat vent.
One after the other, they hurl missiles, 9 lobs and it's still not moving the share price.

Use the Force Luke!

At least make it blow up to 0.15p.

It's not friendly rebel fighters, more like a Mogolian raiding party, trying to make a quick buck by pumping and dumping a vulnerable stock. 0.10p is below long term average, and news is due in October. It's likely to drift back to 0.13p any way, and if the news is good, 0.18p is totally on the cards. it's a good bet. Hoovering up the shares will drive the share price up anyway. Hold until October, and then scarper.

Two of those cancel each other out. Look at the time stamps.

Probably something like:

Client: Buy me 3,750,000 shares of AXM.

Broker: Quick as a flash, done, Sir.

Client: What! It's in the dealing account! i want it in the S&S ISA.

Broker: Why didn't you say so. Grumble grumble.

Broker: OK , first deal cancelled, bought in ISA instead.

Another dreamer who thinks it will go to 10p.

3,750,000 shares will be worth £375,000, incurring £371,250 in capital gains, less ~£11,000 CGT allowance
means ~£360,000 taxable gain. Higher rate CGT is 20%, which is ~£72,000.

Well done, you have just potentially, maybe, saved yourself £72,000 in tax.

"The unknown years of Jesus (also called his silent years, lost years, or missing years) generally refers to the period of Jesus's life between his childhood and the beginning of his ministry, a period not described in the New Testament."

Twelve years, and no RNS.

40 Days and 40 Nights to the next RNS in October.
Be not tempted by Satan, and stray from your faith in AXM.

Be of good cheer, for the coming of the audit is Nigh.

Good News shall herald the dawn of the Age of MetaLeach.

"I see they have enough cash till March next year, when DSR comes on stream thats another 300k odd."

"For an initial period of 24 months from the start of Deep-South formally committing to a PEA of the Kapili Tepe Project, to be renewed on a mutually acceptable rolling three months’ basis thereafter, a monthly technical consultancy services retainer fee of US$7,500, paid in advance."

500,000 shares of DSM is worth peanuts.

US$7,500 from October 2018, cross our fingers.

I just hope they don't use Westen Union to transfer the money.

Open up a US$ account, and pray money comes in, Martin.

I know it's an unfamiliar experience, GETTING PAID, Martin, but it has to happen sometime.

I seem to remember Cater Allen needs a minimum to keep the account free, US$7,500 sounds about right..

https://uk.reuters.com/article/uk-artisanal-mining-ahome/commentary-for-cobalt-buyers-is-artisanal-mining-the-problem-or-the-solution-idUKKCN1G627E

Sweden has no child labourers, so how are they going to mine colbalt?

Leach! Leach! Leach!

MetaLeach -> MegaLeach -> GigaLeach

I think we should register these trade marks, and then ransom GigaLeach to Elon Musk.
He can pay £5m just for the trademark, and get the patents for free.
What a bargain.

"Easily swopable batteries on EVs have to be the future."

Batteries cost a lot. There is just too much scope for hanky panky.

I could drive in with a spanking new battery, and get a dodgy one on its last legs.

The next station could put a diagnostic meter on it, and declare it unserviceable, and refuse tto take it.

I have a PHEV, with petrol backup. Until crude oil runs out, it's the only way.
You charge when you can.

"ICL I admire your post"

How do I mount that a plaque!

Just putting a soft cushion down for people getting piles sitting on AXM shares and not moving for too long.