Member Info for ICL1960

"who has contact to the mangangement of Alexander Mining?"

Look back on this AXM Share chat.

Click on 10 and read forwards. AGM was on 28th June.

This little corner of the investors universe might be discovered soon.
Cavello might be the first of many to stumble across our unbeaten path.
Tourists at last!
Make them buy, buy, buy.

"Alexander Mining should use more share places like Tradegate or XETRA from Germany, so that the German people could buy the Shares."

The measly volume we have does not say multiple listing yet.

Maybe it's like David Hasselhoff, and will take off much quicker in Germany?

Let us hope lse.co.uk becomes the Canterbury of AXM, where all pilgrims of AMMLeach converge.
We shall spread the gospel of AXM, to the ends of the earth.
In particular, Queensland Australia, Turkey, Zambia and the Democratic Republic of Congo.

Acid is dead, Long live the AMMLeach!

Also Sprach ICL1960.

"A lot of Years ago in 2010 the Share price was at 16 GbP"

https://uk.finance.yahoo.com/quote/AXM.L?p=AXM.L

Click on Max.

1st May 2006, it was 32p .

AIM listing from 2005.

You have found the Last of the Mohicans here, on lse.co.uk .

Since you have bought in, you must have gleaned some information that promised Paradise.
Care to share what tempted your palate?

Obviously we are the die hard faithful who believe that AMMLeach is the one true leaching technology, all the others are false Gods.

It's a little bit like the Last Supper here, except Christianity is kept going by the disciples eating other's legs, in acts of Holy Communion called The Placing.

There are only two outcomes here: mega rich, because AMMLeach takes off, or you will find our remains in a cave, with obvious signs of cannibalism.

One thing that you can help with, is to tell us when there are no shares to buy.
That will lift the spirit no end.

"GFY. But then there is reality"

Did you catch Lord Alan Sugar on The Appretice on how much he was making on Sky satellite dishes?
He was telling off an Apprentice candiate for being embarrassed to make a profit.
Amstrad had the dishes stamped out at £1 a unit, and was selling them for £60 retail.
If the candidate felt sorry for the customer, he had no place on the team.

The arithmetic for the miner is very simple. If you produce a metal for $3 a unit, but you know you can produce the same thing for $2 with AMMLeach, you WILL switch to AMMLeach. If you don't, the other miner WILL, and they can sell for $2.5, and drive you out of business.

The AXM business model is surprising for a mining company.
Normally, a lot of capital is wasted just on exploration, and then there's all the claim staking and mineral rights, and under the table bribes for ministers. Then building transport infrastructure, installing machinery, so the mining can actually begin. Upfront capital intensive.

AXM doesn't get into any of that.
AXM is more like a software company.
Microsoft writes MS-DOS once, and then just stamps out a CD (or floppies) for anyone who has a PC.
Effectively, a PC buyer has to have a copy, whether it's IBM-DOS, or a generic MS-DOS.

Every time somebody buys a tonne of copper, produced by AMMLeach, we get 2.5%.
Provided people keep buying AMMLeach copper, we keep getting paid.

We just have to prove we provide a significant cost reduction, which could include cleanup cost at end of life, then every shop will become a shoe shop, because it is economically impossible to sell anything other than AMMLeach metal.

Miners forming a union and refuse to switch to AMMLeach? Better chance for World Peace.

0 over ∞ = 0
1 over ∞ = 0

0.13p over ∞ = 0

Let us say the share price should be £1

100p / 0.13p = 769 multiple.

It's Bitcoin territory.

I seem to remember ACORN (became ARM) crashed to around 12p, maybe 30 years ago.
Softbank bought ARM for around £17, so 1700 / 12 = 141 multiple.

I suspect Microsoft and Apple are similar to ARM in multiples.

The really hilarious aspect of AXM is, it will be paying dividend, which Apple didn't do, when it was growing up.
Neither did ARM.

Assumng AXM will be paying 5p per share in 2025, with a share price of £1,
I will be getting 5p dividend per annum for having paid 0.13p in year 2017.
That is 3,846% interest!
On top of 769 multiple in capital gains!
The numbers are even sweeter inside an S&S ISA, of course.

The problem is, can I bring myself to ever take any money out of the S&S ISA?

You could not have bought Bitcoins inside an ISA, so you are supposed to pay capital gains when you sell.
Bitcoin does not pay interest. So, over an eight year period, AXM is better than Bitcoin.

In conclusion, I don't think there is a better investment anywhere.

This is an interesting precursor to the IAS, with a set of timestamps that pre-dates the IAS.

http://epbcnotices.environment.gov.au/_entity/annotation/b6ea1592-b97c-e711-994c-005056ba00a8/a71d58ad-4cba-48b6-8dab-f3091fc31cd5?t=1511279175704.

The last third had plenty of survey data, with a lot of handwritten forms.

"light brown self mulching clay"

"light grey brown self mulching clay"

Somebody cared enough to say it's grey brown, not just brown.

If it's a con, somebody has gone to a lot of trouble.
A lot of work has gone into this.

You can't just turn up in a country, enslave the natives,
cut the trees down, devastate the eco-system, build roads,
and spill acid and mercury anywhere you want to, any more.

Flora and fauna?

Like to see people do an environmental impact for adding an extension.
Ask their neighbour? hehehe.

An admin drone is most likely to cut and paste from this any way.

https://www.ehp.qld.gov.au/management/impact-assessment/eis-processes/documents/saint-elmo-vanadium-ias.pdf

The last bit:

7 Conclusion

This IAS provides information in accordance with section 41 of the Environmental Protection Act 1994. Multicom plans to develop the SEVP, 25 km east of Julia Creek, Queensland. The Project has an eventual target production of 50,000 tonnes per annum of Vanadium Pentoxide (V2O5), with the resource exceeding a 30 year mine life. The Project seeks to take advantage of the emerging supply gap associated with high-strength steel production and the growth market of vanadium batteries.
The Project will be a shallow (15 m average), open cut mine with associated dump and haul operations. A range of ancillary infrastructure will be required to support the mining activity. This IAS has outlined potential impacts for the area based on proposed Project activities. Given the size and scope of the Project, further detailed studies are required during early Project development phases to assess the complete effects of the SEVP on flora, fauna, MNES, water resources, air quality, noise, visual amenity and socio-economics as part of the EIS process.

Low cost works in other ways.

1. Pay millions to AXM,

OR

2. Hire South African mercenaries, and force us to sell at 0.5p

Ouch, that poker is really hot!

No, I want 10p at least, Arrrrrggghhhh.

9p!

Low cost.

If a mine can produce a product at $2 a per unit, and the OLD LEGACY mines produce at $4, what do they do? ;)

"That means that from around early to mid August ALL six cycles will be going UP and by then some of the longer cycles may then start to kick in."

https://www.youtube.com/watch?v=IieyEr0XH9A

The planets are siding with AXM in July and August as well.

The Hand of God has just been unearthed near Hadrians Wall.

It's the Perfect Storm of signs.

My left big toe concurs.

"you got a spare custard cream ICL....?"

I think you need an interpreter.

At AT&T Bell Labs, they hired a Double First PhD in Philosophy from Oxford to talk to the researchers, so he can then report back to the management: because management can't make any sense out of what the researchers say. As we all know from A Beautiful Mind, genius IS madness.

I hope your nurse brings you a custard cream for your tea.

(Psst, nurse, you can put the medication in the cream.)

Gosport Memorial?

"One thing you can guarantee is they will buy some of their option shares if the price takes off and then probably issue themselves with more, just because they can (shareholders voted they could), but if it makes me rich I’m happy for them to get rich as well."

www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AXM/13697943.html

Result of AGM

"The Board of Alexander announces that at the Company's Annual General Meeting, held earlier today, all resolutions were duly passed."

I suspect the recent options were one of the resolutions.

Who voted to pass the "resolutions"?

"Into this zone of smash rock over millions of years ....... Metal and mineral Rich fluids escaping the hot high pressure depths below will use the permeability of the breccia zone to escape and as they pass thru the breccia they will deposit some of their pregnant load of metals and minerals."

So, it's like a nougat, with crunchy nutty bits inside, whereas sedimentary is like a meringue.

Meringue is easier to leach than nougat.
Blasting and crushing required.

Then a long soak in the jacuzzi.
It's not a mine, it's a health farm for rocks.

"They sign something into law but have no concept of the infrastructure requirements for implementation of the targets."

Imagine we had the patent on catalytic converters, and they just made it law for EVERY petrol car to have a cat.

Hand rubbing time.

How do I express a demonic laughter, eminating from the depth of hell. :-))

Imagine Vincent Price.

Belgium wins, 0:1.

It's a fix, init?

It certainly sounds like things are moving.

If one guy tries to talk you into it, you just think it's a salesman gunning for his next BMW.
If you see three other guys think it's not a joke, then you join in.

Now it's more mundane obstacles.

I worry about the fly tipping of dead bodies.
The ignoramus warlord will say, I thought you were using acid.
And then we have to clean the leaching tanks, what a pain.

"So my signal may die soon."

That's what Emelia Erhardt said.

World shaking it would have been, I'm sure.
Watch out for the Novichok.

That's a sales brochure, not a minute of the meeting.

Something like:

Auditor report admitted,
Auditor re-appointment
Directors present
Shareholders present.
Director's remuneration options ratified.
How many votes cast.

Otheriwse it's just a rubber stamping exercise.

12:08:53 Buy 4,937,500 @ 0.1267p

"Just told the bod big Co don't do business with small Co"

That's why we need to taken over by a big boy.

Plenty of chancers out there with bright ideas.
Nobody has the time to listen to all of them.

Even the US$7,500 retainer is a double edged sword.
Who are you going to send, when they do ask for consultancy?
Hire staff? Train and maintain a team of AMMLeach engineers?
Obviously we can only maintain a network of freelancers in the beginning, who is already on a job elsewhere when you call. Tell the big boy to wait?

If Glencore is on the ball, they will offer 1p, pay 2p, and bag a billion dollar asset for peanuts.