Member Info for m_wall

This seems to be dragging on for an eternity, when it's been 10 months or so. Contrast alo with greatland gold, which was a similar price to alo when I got in it (0.08). Looking at the two companies back then, alo had much better fortunes. Or so I thought....Fortunes turn on a dime, as the yanks say.

Aka Muppet, arian has been at 90p-ish back in 2013, so can lightning strike twice? It does in reality actually. We shall see. I've been fortunate to back a couple of AIM winners, as well as holding a few underperformers. Let''s hope arian gets the rub of the lithium. I was thinking of sml as to the company with the income stream btw.

they need to strike oil, so to speak. Like I said, the Arian team need to raise their game. That part of Mexico has lots of foreign companies striking good lithium grades. Like most things when it comes to junior AIM miners, it's a big gamble...that may pay off. It probably won't, but who knows what's around the corner. Even if AGQ comes across good grades, more raising of capital in future will be on the cards at some point -- look at the recent actions of other junior AIM miners in the lithium game, one in Zimbabwe and the other in Namibia. Hopefully if AGQ are in their positions, then the share price will be considerably higher by then. A junior miner that has an income stream to help fund itself is rare on AIM, apart from one I can think of.

... great opportunities in the junior lithium mining space, plus there's a growing shortage of lithium carbonate to make batteries. Let's hope Arian can deliver and learn from the first drill and assay.

But the results were obviously disappointing. They clearly chose the wrong location for drilling, seeing as they're in a lithium rich area. Having said that, I've seen similar parts per million yield decent results when drilling deeper in other countries.

...very much.

Keep your eyes on ZCI Limited's website, namely their press releases. Something is probably due to appear there in the last 10 days of September with a bit of luck. Then we'll know one way or the other.

3p placement? I would hope it's a lot more than that. It depends on the interest, but knowing AIM you could be right.

Good question, I suppose the shares are still technically worth something, despite being delisted, as they're backed by assets. The share dealing service even lists my profit/loss (a loss) at 20%.

Thanks for the update, ragdoll. Just to let everyone know, I've got ALECTO MINERALS in my sharedealing account listed with a price at 19.875p and a valuation, so they are no longer starred out.

POS? Are you invested here, or did you lose a lot here when AGQ was mainly a silver play? Mexico has some excellent salars, and foreign lithium companies are working in and around AGQ, so Arian has some potential here, looking at the initial surface grades. PREM looks okay priced @ 1/3p but it can't seem to breach 1p, plus it is located in Zimbabwe. Kod, kenv and EMH look better long-term lithium plays on AIM, plus there are a handful of decent US and Australian lithium companies. And of course AGQ could really be the big surprise. Nothing is certain in life or AIM though. I've said that 2 times in a day now. Must stop.

Yeah, taking their cues from Cadence Minerals and their stake in MacArthur Minerals Ltd. Macarthur Minerals has been building up their 'salar' real estate of late and have had some pretty good surface results in Nevada and their Stonewall project, which hosts North America’s only producing lithium mine -- Albemarle’s Silver Peak Lithium Mine. All holes contained lithium with sediment assays ranging from 35 parts per million Lithium and up to 145 parts per million Lithium. Arian's results were 37ppm to 158 ppm lithium, if I remember correctly.

Here's the thing: There are Canadian and US lithium miners in the near-vicinity. If drill grades are good and on a par with theirs, then these companies will be chomping at the bit, in a similar manner that BHP Billiton did to Solgold's Cascabel and other gold/copper finds.

I got notice about the Proposed Consolidation of 1 New Ordinary share for every 300 Existing Ordinary shares held. Following the approval, the Consolidation is expected to become effective on 1st August with the New shares expected to be credited to accounts on the same date.

Not a bad price to get into, even though my recent buy today is listed as a sale, like everyone else's, no doubt.

You've summed it up pretty well. Obviously, the board need to get the resolutions passed and readmitted on AIM before the end of September, then hopefully they can realize the potential of their assets, build up some value and satisfy shareholders.

After an initial reading of the info provided by masda1, the way I see it is as follows:- Divide your share holding by 300 and then halve it again, valued nominally at £0.0001 Deferred shares are there to ensure there is no reduction of capital on a restructuring  but normally  they are cancelled some way down the line. I'd better read the info a few more times to make sure I've got the right end of the stick.

So it looks like this 'uncertainly' could run on till the end of September 2017, according to the ZCI info. The earliest anything could happen is by the tail-end of July. Let's keep our fingers crossed.

Either they are going all out on lithium procurement for the hell of it or they are onto something at the salars they're already drilling at. Mexico probably has as good lithium salars as any in south america. They've just not been developed as much. Now the demand for lithium is growing, and in 5 years time the demand will be through the roof. That is what is interesting about this share. Yes, there are risks, but the potential is there.

Check out ZCI Limited's website, go to press releases and read the pdf file dated 12 July 2017