Member Info for ICL1960

If you think the company is worth 1p a share, and they just sold some to (possibly) their buddies at 0.15p, you can't help but be paranoid. Having just been diluted by 30%, I am pretty paranoid about the BOD licensing the IP cheap, so a third party (BM or Accudo) can benefit from the technology cheap, and just give some backhanders to the BOD via Panama. Or am I just minist, because I am prejudiced agaist miners. Miners are decent people, you can trust them with your life. They are lovely people, with the highest ethical standards. They always clean up after themselves. Miners are so civilised. I'll keep trying to tell myself that nothing dodgy is goign on.

Share Price: 0.145 Bid: 0.14 Ask: 0.15 Market Capitalisation �2.74m Selling at 0.14p! And it's even sunny outside. What a lovely day.

Volume 38,127,185 according to http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00B06K1665GBGBXASX1.html It's alive and kicking. Love to see what happens when there are NO SHARES left. MMs "have to" quote a price, so they say. The market size is 750,000 shares, so if I try to buy 500,000 shares, and they are empty, what do they do? Tell me I will get AIDS if I keep buying AXM?

I just know it's going to climax when I'm going away first half of February. AXM is such a tease.

"A temporary lack of interest to enable a last bargin basement Janaury Sale next week is actually very welcome. 8 million shares fpr 0.13p, please." 0.135p to buy, cheers.

It's a which idiot will go first problem. Mining is not a fashion victim industry, where Steve Jobs can come in and say we are greener, so if you buy our shares, you're cool. Who's to say there are no complications that you can get with ammonia, that you didn't get with acid? Miners are claim jumping, backstabbing, native exploiting barbarians. They only club a seal because it's less struggling when you skin them. The difference now is people can see plastic bags clogging up the ocean, and we are eating fish with plastic beads inside. They will try putting in stricter laws to reduce pollution to look good, and AXM will be there to provide a greener alternative. 5p for plastic bags? That's the kind of thinking that can force adoption of MetaLeach. We just need a few show piece mines for green publicity, like those Shell TV ads, and an income stream, and the share price will leap ten fold.

"As with the other situations where I'm a holder with concerns, I hope I'm wrong! But can clearly see downside as well as upside here!" The downside is 0.00p, down from 0.145p. The question was a realistic upside for market capitalisation. So what size of income stream is "reasonable"? 0.2p dividend on 2.5billion shares is �5million. This means we need ~�7million revenue. I would say this is tiny, compared to what we hope it will be. I had some involvement with refineries, ethylene oriented. The engineers and operators don't come from thin air. There are courses AXM can run, and charge for. There are also optimisation services AXM can provide. With refineries, where the throughput is hundreds of millions a year, guess.how much money you can save the plant by improving the yield by just 0.5%? There is a side effect of 0.5% less **** they have to dispose of. 0.5% more copper/lithium, worth paying for? If it becomes a viable going concern, the income stream cannot be a pittance. �7million revenue a year is really conservative. Problem is, the same potential was there 12 years ago, and it hasn't happened yet. It's like the electric car, just because it's a good idea, doesn't mean it will take off. Look at the movie about the Saturn EV1. "Who killed the electric car?" I had a Saturn SL2, and was so excited when the EV1 was announced. Twenty years later, I am driving a Mitsubishi PHEV, a petrol/electric hybrid, and couldn't be happier. I would like to think, MetaLeach was simply ahead of its time, twelve years ago, but now the conjunction of the stars hail for the Age of Leaching.

"What's a realistic upside on the MC here if an asset purchase and successful application is made of Axm's technology?" �100million. If it works, it means license fee (aka royalties, whatever you want to call it). After operating costs, Board of Director salaries, and dancing girls (oops, miscellaneous expenses), we should get some royalties. Once the warrsants are actioned, I think we end up with 2.5billion shares in issue. 4p a share, pays out 0.2p (5%) dividend a year should be pretty conservative. Yes, 4p IS 27 times 0.145p. That's why we are sitting round the camp fire, singing Kumbaya.

10:49:14 0.142p 7,036,978 Buy* 0.135 0.145 �9,993 O Trades above �10,000 attract a �1 PTM Levy, which is mildly annoying. The nasty surprise is if there is any suspicion of stock manipulation, or insider trading, the investigators can haul in all the people who did big trades to sweat them. Just to look busy. So, if I was an inside trader, I should trade at less then �10,000. Just a thought.

Volume 26,614,011 So somebody cares. We are with you in spirit. A temporary lack of interest to enable a last bargin basement Janaury Sale next week is actually very welcome. 8 million shares fpr 0.13p, please.

I am away for a week or so. So that is precisely when all hell is going to break loose. When you are not watching the kettle boil. I want to see 0.5p when I get back.

Today's Volume 44,315,629 so far, as shown on http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00B06K1665GBGBXASX1.html?lang=en The important thing is, it's ALIVE. Just a matter of time before somebody tips AXM is worth a punt. Motley Fool?

Every buy raises the traded price. If the MMs have stock, they can just buy at 0.13p, and sell at 0.14p. If only the Placing crowd can refrain from relieving themselves at around 0.15p, the barn door is wide open, all ready for bolting. As it is, I am expecting a Golden Shower when the Bid hits 0.15p.

"until a crackhead becomes the beneficiary and blows the lot in a week!" True story. Chinese family, landlord class, plenty of money. Eldest son joins the army, go off and fights the Japanese, then the Communists. Son number two stays home, and is left in charge of the family assets. He spends it all on the usual, and there's hardly anything left. Not a problem, because the communists came, and confiscated everything from all the landlords anyway. The moral: spend it, don't horde it. Inheritance Tax is 40% !!!!!!!

Interesting post ICL is iHT threshold still 325k? �325k per person, so �650k for a couple. For the family home, there is an extra allowance, which brings it up to �1million, but not till 2020, increasing in steps. Don't forget the seven year potentially exempt rule. Did you know the seven year is reset every time your mother gives you something? If they want to, the HMRC can really mess up your inheritance planning. What we need is a company called Seven Year Freeze. When a person nearly dies, you freeze them, and declare them to be in a coma. Transfer the assets. Seven years later, you defrost the body, issue the death certificate, and everything is IHT exempt ! That will really upset HMRC. The ultimate tax evasion scheme.

As far as I'm concerned, financial advisers are worse than putting money in a 0.1% deposit account. I was "introduced" to a financial adviser from Merchant Investors by an office colleague, and it was purely my own alertness that allowed me to cancel during the cooling off period. Another colleague was told by his FA to move his final salary pension out to a personal pension, because it was more "flexible" when he changed jobs. He lost over a decade worth of employer contributions, as well as the protection of a final salary scheme. I have been looking after this pensioner for twenty years, and there are hundreds of thousands, generating income. This is just loose change that needs a home, after three years generating 4%. Amusingly, if I put this �11k in a 1% deposit account, it will end up paying 40% inheritance tax, because nobody will be spending it. If AXM booms, and the �10k become �400k, it will help pay the IHT bill.

I did have an IMC (Investment Management Certificate, IMRO version, pre-FSA), from around 2002. Never practiced, so it lapsed

Somebody I know has a 3 year bond maturing, after 3 years of 4%. More than likely, �200k rushing in would mop up all the floating shares, and the Bid will shoot up to 0.3p in five minutes. We just need 20 pensioners who have a spare �10k each. Nudge nudge, hint, hint.

"But yes,the mcaps silly cheap." Like all startups, it's speculative premium. Unfortunately, only young starlets get the attention and paparazzi chasing after them. With China refusing to take plastic waste, and coffee cups being difficult to recycle, I wonder whether leaching can come into vogue as a recycling process. For example, what if you use a flim of metal instead of plastic membrane for coffee cups, and you leach the used cups to recover the metals. The technology that will save the planet from landfills, clotted oceans etc. We just need to plant this idea into social media, let it go viral, and we can get Snapchat style valuations. 1,888.73million shares is in issue. Some warrants, so let's say it's 2.5 billion shares. �100billion market cap means �40 a share. Staying below 3%, we can hold ~50million shares, which is worth �2billion at �40 a share. "I have a dream...." Martin Luthor Pincher

"AXM listed in 2005 at 30p." Was it April 1st 2005? https://uk.finance.yahoo.com/quote/AXM.L/?p=AXM.L Click on Max, next to 5Y. What if AMMLeach was an april Fools joke?! Shiver me timbers.