Member Info for ICL1960

This stock is dragging on a bit, so need to think long term, beyond the grave. HSBC InvestDirect keeps deleting the online contract notes, although thankfully, they do send paper quarterly statements. I understand a lot of AXM shares are held in S&S ISAs, so you might think tax is not important, especially with the Continuing ISA regime that just started, so it stays ISA until Probate is finished. Even inside an ISA, you still pay IHT, aka inheritance tax, if you have too much money in your estate. Now, as far as I know, non property AIM shares become IHT exempt, if you hold them for over two years. The problem is, how does your Executor (of your Will, because you are dead) know where to find the BUY contract notes, to prove that you bought them years ago? Another things is, if you sell and buy back after 31 days, to use up the ~�11,500 annual CGT allowance, it resets the two years to zero. If the amount is trivial, you can sell and buy back inside an S&S ISA immediately, but some people have an unwieldy amount to bed and ISA. The way things are going, AXM will gush just before I hop it, so it's worth more than everything else in my estate. And then the stupid Executor has no way of proving the AXM shares are IHT exempt, and end up paying 40% to the HMRC. After a life time of using all the tax allowances I can grab, 33%, 20%, I end up paying 40% IHT. Arrrrrrgggghh. I know, I worry too much. I need AXM to surge to 10p, then be taken over, by 2020, so I can spend it before Probate.

When it's got fundamentals, the SP will also reflect the fundamentals. When it's a mature stock, with share price of 10p, paying 0.5p dividend, you can chart the funamentals out of it all you want, but it won't give you a x100 multiple on investment. In the end, if you want x10+ multiples, you have to jump in when the doom and gloom is at its peak. x1 = 0.12p x10 = 1.2p x100 = 12p x1000 = �1.20 I think the pay out will be 100:1 , but it's only 10:1 AXM will make it big. Good odds. Without big boys, there is every likelihood that AXM will end up bottom feeding on tailings, making a subsistence living. The amusing thing is, even then, as a going concern, the SP would be 0.5p ~ 1p. And I make x4 my money back.

Already higher volume than all of yesterday.

Charting works when you actually have fundamentals. AXM is just a Hollywood starlet right now, looking for a Harvey Weinstein. Go on, Martin, take one for the team. Bring plenty of KY Jelly when meeting investors. If only they did a chart of Ewing Oil prices as Dallas went on. The shooting of JR must have sent it plummeting, until Bobby Ewing took charge. Or did it plunge more, because you need a ruthless back stabber like JR to make lots of money?

If you are going to soak it, why don't they just soak the ore from the beginning? Leaching should work for high grade ore as well, so you just do it once. Scooping up the ****/sludge from a previous extraction seems wasteful, doing the job twice. They also need to consider what to do with the waste product. I wouldn't be surprised if the tailings come at $1 a job lot, but you have to take on the cleaning up obligations.

That sounds remarkably like Frankie Goes To Hollywood. Relax. Don't do it, when you want to go to it..........

"Better think about buying some then .should get some good news flow here ..in the near future." I accumulated between 0.12p and 0.15p, so the current price of 0.12p is not that much difference. The thing is, if you try to get a sizable chunk now, can you get it? It feels like you can get lots at the 0.15p mark.

So the one project is our own, because no one will use their own money to go first. Upfront cost is tricky. Too high, and you never get it back. At least they trying to do establish a pilot project. If they manage to get AXM into a going concern, with income covering outgoing, as opposed to the current cash burning regime, the share price can easily float to 1p. If it proves viable, I doubt we will be shareholders for much longer. I expect we will be forced to sell between 1p and 10p a share. The entry point for Private Banking seems to have crept up to �3million, so I'll need about 7p a share. Don't need the money, just would like to qualify for Private Banking. It's a Bucket List thing.

"Could be a bed and breakfast." Bed and ISA, maybe, but good old fashioned B&B is invalidated by the 30 day rule these days.

Somebody with �8,400 went to the Investors Show? 23-Apr-18 08:46:49 7,310,000 shares for �8,407 Buy back in on Monday. 20-Apr-18 09:29:19 7,500,000 share for �8,400, Sold on Friday. Martin must have impressed somebody on Saturday.

A miner could just twiddle his fingers, and wait for the patents to expire. Miners have no conscience, and risk beng first for say 10% cost reduction is no real incentive. We need a compelling reason for the adoption of AMMLeach. I don't think banning diesels will help that much, if all you are doing is to replace them with petrols, but they are banning diesels anyway. If we can get the Guardian to do a comparison between acid and ammonia, and say we are better, then sky's the limit. I think the BOD should try and impress journalists. The idea is to get the compliance officer AND PR men in Glencore etc. to tell their board that they need AMMLeach, for company image, and future legal compliance. Then it's Glencore comes begging, not Martin knocking on doors.

"May be ICL has also left the building." Outside the building. On the roof, replacing a Sky LNB. The Sky Q LNB is a serious disturbance in The Force. I'll bet there is much chagrin and gnashing of teeth as old Sky LNBs fail. Probably a good idea to stock up on old style Sky LNB (Hi-Lo) before they disappear. If you want your old FreeSat boxes to keep working. Mining is like oil, you get a gusher and you are laughing, but the majority is broken dreams. AXM is a long shot. For any share to leap from nothing to 1p is a miracle. I just look at Sareum and dream the same will happen. If you bought at circa 0.13p, you only have to sell at 0.18p to make 40%, which I could have done. Will I pay for my greed? We shall see.

The volume is nothing. Are MMs on holiday, and left the office cleaner in charge? Theory: the cupboard is bare, and they are begging for shares. A share, a share, my kingdom for a share. Could put some up at a limit of 0.18p just to tease them. Dangle, dangle, wiggle, wiggle.

"I connect all this to one of my fantasies that Accudo cabal have found a suitable dump and decided to gain ownership before themselves conferring value by validating its value which logically they would then have to pay for (ie poke themselves in the eye and pay for the pleasure)." �2.41m capitalisation is peanuts. If I was Glencore (or any mining company), and had a use for AMMLeach, it's far cheaper to take over AXM. The fear is very much being cheated as a shareholder of AXM. For example, the BOD sells the valuable patents for �1million, leaving AXM with �1m cash, and reserves. The BOD go on a round the world investor show tour, and then declare the company insolvent. Shut AXM down, then join a Glencore related enterprise as directors, on �1m a year, plus stock options. If it's above board, Glencore could offer 0.5p a share, which we would vote to reject, and then accept something between 1p and 10p. That's not a fantasy, it's what I was expecting. Mines coming onstream one after the other, adding to the dividend stream, and NO TAKEOVER BID, that is the fantasy.

(they're making it hard work to buy, hmmmm!) If I sell a few outside the ISA, and then can't buy any back for love nor money, it will all be worth it. Easier than sacrificing virgins. What with Tinder, Grindr etc. are there any left? VirginsRUs.com? Sorry, out of stock.

"but surely a Bed 'n ISA deal would be more efficient........?" Assuming I bought at 0.13p last year, and sell outside ISA at 0.15p now, the capital gains is �200 on one million shares. If the cycle thing holds, and I buy back at 0.12p inside the S&S ISA a few months later, I will be pocketing �300 difference, minus a little capital gains tax (0%, 10% or 20% on �200). And dealing charges. It's more to do with moving them into ISA, and a little trading to relieve the boredom while waiting for AXM to lay the golden egg. I don't rule out the scenario it just takes a big dump: high risk high return. Knowing stuff doesn't seem to work with shares, in the end it's a gamble. Some people use the force, I use my left big toe. The doctor thinks it's gout, but what do they know. ;)

If I was a Incan king, that will certainly convince me to sacrifice a virgin or two. The cycles make it a good trading stock, and justifies constant monitoring. I'm going to sell some next times it goes to 0.15p, and buy back at 0.12p. Repeat. Have a few million shares to move into the S&s ISA anyway.

New �20k ISA allowance. 0.119p is bargain basement.

8 Trades and nine million shares. Not dead yet. We need a knock down promotional discount to get things moving. First mine to produce get 90% discount off the 3% royalty, for three years.

"Someone's going to be proud of their parents for their legacy one day. " Some AIM shares are inheritance tax free after holding for two years. Not sure whether AXM qualifies, but I think it does. Note that on death, the capital gains is reset to NIL. So, buy AXM on 30th March 2018, at 0.12p. Die on 6th April 2020, or later (just in case the HMRC quibble about settlement dates). Provided your heir can sell at above 0.12p, you have saved 40% inheritance tax. As capital gains is reset, there is no need to buy inside an ISA. For the estate planning crowd, provided AXM does not go belly up, it's a stonkingly tasty tax planning tool. I was in a class with some Uzbekistani students, and we were doing International Diversification. I pointed out that as their stock market had no correlation with anybody else's market, that is their unique selling point. Now, what if Martin Rosser sells AXM not as a mining technology stock, but as a tax planning instrument instead!? Ironically, if you want to fence off �1million, and save �400k tax, there are not enough AXM shares to go round. Not if there so much demand, the share price goes up to �1 a share. My financial fantasies are so much more tantalising than internet porn. ;)