Member Info for ICL1960

"As I am considering adding this to my portfolio"

Chicken and egg. They need investors who put up money, to do test work, get license, buy land, buy equipment, hire people. On the other hand, Igor Altushkin has the money and the mine, in Chelyabinsk. Looks like he is going to do it the hard way, with acid and higher pollution: and most importantly, higher cost. You just have to fly to Moscow, get past his bodyguards, and say to him, "I'm a chemical engineer, and I can save you at least 30% on unit cost." He will want your family as hostage, but three years down the line, you will be the hero of the residents of Chelyabinsk, who has avoided the dumping of toxic waste in a disused coal mine. Assuming Igor pays us loyalties, you will be our hero, too.

First Cavello, now you, looks like we have the beginning of a Convoy.

Breaker, Breaker, Smoky ahead at 0.15p, 10-0.

"We'll have the most fun in the long run though watching daily increases of pennies not fraction of one."

That's the last thing I expect from AXM.

I think the whole investment community is in denial, choosing to hold on to the fixed idea that AXM will never make money.

From here on, every RNS will challenge that prejudice.

For every RNS, a ramp and a plateau in share price.

Once income happens, it will be valued as a dividend share, proportional to projected world metal demand.

I like to think it's like Dune. More and more Fremen join the cause.
When everyone is a convert, the share price will be £1+.
Us, the original Faydakyn, will own a lot of it,
as a reward for our iron faith.

If we are the Feydakyn, trillsg must be Muad'Dib.

When he makes it rain, we shall know that
He IS the Kwisatz Haderach

https://www.youtube.com/watch?v=B8-eiBqri0U

Be careful, Paul Atreides evolves into a funny looking thing in the later books, too much spice.

Getting close to zooming off time.
I hope everyone has their shares tucked away nicely in ISAs..

I have been avoiding SIPPs, because of the Lifetime Allowance: currently £1.03million.


https://www.gov.uk/tax-on-your-private-pension/lifetime-allowance

Rates

The rate of tax you pay on pension savings above your lifetime allowance depends on how the money is paid to you - the rate is:

55% if you get it as a lump sum
25% if you get it any other way, for example pension payments or cash withdrawals

If you have 10million shares of AXM in a SIPP, and it shoots up to £1 a share, you will have £10million, or do you?
£9million will attract 55% tax if you try to take it out. If you leave it in there, the dividend is tax free, but if you try to take it out, it's 55% tax as well. Let us say 10million shares pays £500k (5%) a year, the pain of taking it out gets excruciating. A gigantic No. 2, without lubricant.

The £20k ISA allowance means it's still possible to put about 14million shares into an S&S ISA, for those who are not forward planners. If AXM goes ballistic, and you had lots, ISA is the only way.

Absurdly, even unsheltered is better than a SIPP.
CGT is 20% higher rate.
Dividend is 32.5% higher rate.

Anything is better than the rhino b_ggering that is 55% pension lump sum rate.

Sleep tight, don't let the tax man bite.

This link seems to work better.

https://www.dnrme.qld.gov.au/__data/assets/pdf_file/0008/1399148/ml100162.pdf

https://www.business.qld.gov.au/industries/mining-energy-water/resources/water-environment/native-title/section-29-notices

Not too sure how the natives get to hear about this, so don't tell them. Shhh.

Hitch Hikers:

“But the plans were on display…”
“On display? I eventually had to go down to the cellar to find them.”
“That’s the display department.”
“With a flashlight.”
“Ah, well, the lights had probably gone.”
“So had the stairs.”
“But look, you found the notice, didn’t you?”
“Yes,” said Arthur, “yes I did. It was on display in the bottom of a locked filing cabinet stuck in a disused lavatory with a sign on the door saying ‘Beware of the Leopard.”

"ICL you are good with cryptic stuff, can you explain?"

Easy, a clandestine organisation is using inactive stocks with few transactions to send secret messages.

If I was devising the code, I would use multiple shares to send the messages.
E.g. TENG hardly has any trades

Buy = DO
Sell = DO NOT

The code book could use numbers for actions.

Buy 978 TENG, Buy 1930 AXM in combination could mean
DO NOVICHOK SKRI(PAL)

Ah, you want a conspiracy theory to do with AXM.

An engineer working in the Democratic Republic of Congo is under confidentiality clause and threat of castration from the nearest warlord. He got an African colleague to send out e-mails, posing as Prince Heidi Ulala. Please help me by buying 1930 shares in AXM, on the London AIM, and I will send you a diamond in the post, disguised as glitter on a Christmas card.

Seeing this transaction, the wife of the engineer is supposed to buy as many shares as possible in AXM, but quietly, before the news breaks.

"Following this transaction, Susan Parker now holds an interest of 1,284,028 Ordinary Shares in the company representing approximately 0.047% of the issued share capital of the Company. Dr. Parker and Susan Parker together now own a total of 1,745,977 Ordinary Shares, representing 0.064% of the Company's issued share capital."

So, Dr. Parker has half what Susan has.

When the share price shoots up, and they both want a divorce, she won't go to court, since she has more money than he does. Without legal representation, she doesn't know about his share options. After the divorce, he exercises his options, and shacks up with the hot secretary. In deference to the LGBT movement, the hot secretary could be male or female.

At 15:40:00

Did somebody do this deliberately to spoil a perfect day?

After ~£10 dealing charge, the seller gets £6.
Desperate for a pack of cigarettes? A ten pack.

"The commercial reality is that the BOD, allegedly, are constantly in talks on several fronts and thus insiders and can not acquire any shares. Hence the options is the only way to reward them."

That rather contradicts all these RNSs that say "Director/PDMR Shareholding".

http://www.lse.co.uk/DirectorsDeals.asp?shareprice=AXM&share=alexander_min

There is plenty of advice telling investors to follow director dealings.

This one is literally SIMON SAYS:

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/BT.A/13687242.html

Simon buys BT.A at £2.13, on 20th June, and it's now £2.27.

It's more likely that Martin has pawned everything after thirteen years, and the wife is too old to walk the streets.
Monte Carlo or bust, that's the spirit.

Do Androids dream of electric sheep?
Does Martin dream of £1 share price?

He will have about 25 million shares. That's about £2million a year, from 2005.
I hope he has Entrpreneur's Relief, otherwise it's 20% capital gains tax.
At least I have some of the shares in a S&S ISA, so it's not so bad.

If I am correct, non-poperty AIM shares qualify for inheritance tax exempt if you hold them for over two years.
Further, capital gains is reset to NIL on my death. So if I just hold on to the AXM shares outside the ISA until death, they can be passed on TAX FREE. Tax Free, possibly the most delicious words I can imagine, only second to Monica Belluci murmuring "Tongue bath time".

"If maths are not accurate ...apologies...didn't mean to offend anyone...just excited!"

No offence meant, either way.

We software engineers do peer reviews for every piece of code, before release.
Unlike those Beta Release jokers who expect the users to suffer bugs and report back.
Not pointing out errors is the unforgivable sin.

It seems that the London Metal Exchange uses Metric Tonne, like your reference,

https://www.lme.com/Metals/Non-ferrous/Copper#tabIndex=0

so cash price for copper is US$6382 per Metric Tonne, ~=£5,000.

My calculation was US$5,740 per Imperial Tonne, also misleading if not corrected.

10-Jul-18 15:40:00 Sell @ 0.1275p

10-Jul-18 15:27:49 Buy @ 0.137p

If you plot the Mid price, nothing happens, you must be looking at Traded Price.

"we are about to launch into orbit at warp factor 5 !!!!"

https://www.youtube.com/watch?v=WLHO_E_U8o4

Still looking for the external inertial dampener.

http://www.infomine.com/investment/metal-prices/copper/all/

Copper is around US$2.87 per LB.

Assume 1 ton = 2000 LB

1 ton of copper is US$5,740

£5.00 , a fiver, for a tonne of copper?

"Let’s Pick the low hanging fruit first. Hey"

Turkey is swamped with refugees. President Erdoğan almost toppled in 2016.
Democratic Republic of Congo, have a look at the BBC documentaries.

At least Putin has Russia under control, and one oligarch who says yes or no to AMMLeach spares us years of uncertainty. I can't see how Igor Altushkin can say no, if only he knows about AMMLeach. Let us assume he has a chief engineer, let's say, called Dmitri. Dmitri works for Igor because his wife Raisa and daughter Xenia are hostages. How do we tell Dmitri about AMMLeach? Make friends with Xenia on Russian social media?
The aim is to get Dmitri to say to Igor, I can shave 30% off our production cost, and win a medal for being a shining example of the fight against pollution. Putin himself will pin the medal on you.

https://rusletter.com/articles/igor_altushkin_will_flood_chelyabinsk_with_waste_to_get_copper/

"Not far from Chelyabinsk are deposits of copper-porphyry ores, which have a very low metal content - 0.3% on average."

High grade ore all mined out.
They bought the coal mine to dump toxic waste from the copper mine.
They are expecting 99% of the ore to be waste, and it will be toxic because of the extraction process.

They NEED AMMLeach!
They just don't know it.

Learn to drink Vodka, Chat up Igor Altushkin. Na Zdorovie, Martin.
Eastern slope of the Urals.

If you get stuck, head for Outer Mongolia, UK has diplomatic relations with them.
Trans-Siberian train ticket to Ulan Bataar. Two berth cabin is best.

The BBC News did a short segment on this, but I can't find the online story.

From Facebook:

SC “Russian Copper Company” (RCC) and JSC “Chelyabinsk Coal Company” (CCC) founded a limited liability company “Promrecultivatsiya" to undertake liquidation of the Europe deepest “Korkinsky” coal mine (Chelyainsk oblast, Russia). JSC “Russian Copper Company” and “JSC “Chelyaninsk Coal Company” have equal ownership rights in the newly founded LLC “Promrecultivatsiya”. The purpose of establishing the new company is liquidation of the mine out “Korkinsky” coal mine using the backfill material, which will be generated by the Tominsky Mining-Processing Company (JSC “Tominsky MPC) to be transported to the coal mine along special pulp pipelines.
The new company will commence liquidation after development and appraisals of the entire technical documentation. Approximate date and time of commencement of works required for liquidation of the coal mine have not yet been determined.
The “Korkinsky” coal mine is the deepest coal open cast mine in Europe, where mining activities had started back in 20130’s. Due to constant endogenic fires in the mine, the site is a large source of air contamination in the region. And continuous landslides are gradually leading to destruction of accommodation and social facilities, which are within direct proximity from the pit walls.
The technological solution to reclamation of the mine would allow pit slope stabilisation also facilitate ensuring employment of local population after closing of coal mining at the pit.
For creating jobs for Chelyabinsk Coal Company staff, who would decide to work at the RCC affiliates, the company is planning to initiate a program of requalification of staff at the Korkinsky Mining-Construction Professional College and Pervomaysky Professional College of Construction Materials. This work had actually been started.
Over 120 jobs will be created directly at LLC “Promrecultivatsiya”, and additional 150 people will be transferred to the “Yuzhuralzoloto” company.
The remaining staff of the Korkinsly Coal Mine, who would be interested in employment within Tominsky MCC or other affiliates of RCC, the company is committed to organise retraining of staff at the Mikheevskoe Minining-Processing Company in Varnensky district.
“Reclamation of the Korkin

what happen on Thursday?

An iPhone user actually does what he says, instead of assuming you know it's not happening because he didn't call.

is Alexander Mining an good investment?

Fantastic.

i habe ovr 2 Million shares for a good price. ^^

Buy more.

Doubt and uncertainty is what allows us to pick up shares at 0.13p.

There is every chance that Martin Rosser has been making it all up.
Has anyone checked these patents really exist?

https://beta.companieshouse.gov.uk/company/05956891

Nature of business (SIC)
82990 - Other business support service activities not elsewhere classified

For all I know, it's a redirection mail service.

I am guessing here.

It's a bunch of Frenchmen who tell people what they want to hear.
They telll Martin they have contacts everywhere, and they somehow try to cut deals and make money if it comes off.
They can buy AXM shares at 3p, so they didn't stick around when AXM sank below that.

If AXM shoots up past 3p, you can bet they will be Martin's BFF immediately.
20 year term contract. Hand over the shares for 3p, or we sue.

If you think it will pay 10:1, but it's 5:1 AXM will come through, is it worth the gamble?

"in mean time £ 7.5 k will be welcome"

It's a shame it's just a money transfer, I would like a cheque, so we can frame it.

Would it be too cheesy for Martin to issue a RNS, saying we have received the retainer, first of many?

http://awards.decanter.com/DWWA/2018/Wine/479809?name=Winbirri-Vintage%20Reserve%20Brut-2013

A new era in mining, a new era in wine making.
English wine is turning heads, probably due to global warming.

I think it's a good complement to the next AGM.

"Blimey we have radar as well who knew"

https://www.youtube.com/watch?v=UxLe8MWdWe0

That's why they fly "under" the radar. hehehe.

"what do you think about the share price when the Sivas project in Turkey comes?"

It will notch up to 0.20p, triggering top mover metrics, which will make the money columns take notice.
Press coverage will start a Tsunami of shareholder interest.

But you don't buy any, why is that Leon?
But, Leon says, there are no shares to buy. It's like Taylor Swift tickets.
Oh right, very good answer, you are not a Replicant then, says the Bladerunner.

Share price moves up, premature ejaculators sell to profit take.
More projects confirmed in RNS.
We get to 1p by November 2018.

Nobody pays me for my newsletters, so I don't write any.
That's why you can trust me, because I am not biased.
Other than my big chunk of AXM shares, that is.