Years ago there was a company on AIM called Rare earth minerals (REM) they were tiny like acp then had a huge mineral find & 30 bagged.. Anything is possible on AIM with a world class in demand asset. Good luck all holders
The company today tweeted '#Mahenge on schedule for commercialisation in 2020'.. So this could be happening much sooner, we could be mining & producing revenue next year.
Armadale Capital plc (LON:ACP) the AIM quoted investment company focused on natural resource projects in Africa, is pleased to announce a strategic financing raising £500,000 for the Company at 1.80p per share.
Significantly this strategic financing is intended to provide the Company with sufficient working capital to progress its 100% owned Mahenge Liandu project (“Mahenge Liandu” or the “Project”) through completion of the Definitive Feasibility Study (“DFS”) and to bring the Project to the point of project level construction financing.
Notably, we are focusing more definitively on our commercialisation plans, especially off-take and project level finance agreements, to ensure the transition from explorer to emerging producer continues to gain momentum.”