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Well, using the 'production costs that are expected to average US$1.5/ lb over the mine life based on an average metallurgical recovery of 91% (from Alecto's May 12th document) 1 Metric Tonne = 2204.62262 Pounds So, I've worked it out at around $3,307 /metric tonne.

Copper futures are $5,937.50/tonne. Some way off their near $10,000 highs of 2011, but are currently looking promising.

I wouldn't disagree with your sentiments, JackM. I'd be amazed if Shareholders don't vote for the merger/RTO -- they will, but it is disappointing that the company hasn't relisted by now. They've missed the 21st of June readmission deadline date by 9 days with the AGM. Whether there has been an extension to readmit by a couple of weeks to take into account the Christmas holiday period, I don't know. Maybe. Some news would clear things up. A certain well-known website associated with UK stock markets still says the company is 'suspended'.

If you read the Competition Authority of Botswana merger notice no 20:2017, you will see it states THE PROPOSED ACQUISITION OF THE ENTIRE ISSUED SHARES IN CRADLE ARC INVESTMENTS (PTY) LTD FROM PENMIN BOTSWANA (PTY) LTD BY ALECTO MINERALS PLC AND AN ACQUISITION OF 60% SHAREHOLDING IN ALECTO MINERALS BY PENMIN BOTSWANA (PTY) LTD. How big Penmin's stake in alo will end up being is a bit up in the air at the moment, what with all the potential for new shares being created.

Yes, harpmandoodle, it was me. Today is technically the last day of readmission to AIM, as alo were suspended on 21st December, unless ALO has a grace period because of the Christmas holidays? I could be wrong here, but the way I see this 'reverse takeover' going is another way for 'Penmin' to take over the whole company. Penmin will own over half of alo's shares after all the new shares are taken into consideration. I recall reading somewhere (not here) that if a 'shareholder' breaches through a certain stake, then they are 'obliged' to make an offer for the entire company. I dimly remember making a reference to a takeover months ago when CW was dominating this board, but had never thought of the obvious 'candidate.' Sometimes things stare you in the face, and you still miss it. Like I said, I could be wrong, though. Reading all the fine print can do your head in some times.

Yeah, I get the odd feeling that they're looking for a buyout of the company, what with the confusion with the dates in the RNS, and the fact that they've got to readmit on AIM by 21st June. Could be wrong, of course.

lol b e a u f o r t s e c u r i t i e s.com

All the asterixes are: **********************

https://www.**********************/img/pdfs/research/alectominerals080617.pdf?platform=hootsuite

Alecto said today that it expects to publish its admission document for the acquisition of Cradle Arc Investments Ltd by the end of June. My understanding is they have to seek readmission by 21st June 2017, otherwise their listing on AIM is cancelled. If I'm wrong, someone please correct me. Now "by the end of June" can mean between now and the 30th. Like I said, though, the reality is they must admit the document by the 21st June 2017.

The company has only got until Wednesday 21st June to seek readmission to AIM. That's the 6 month rule, as they were suspended on the 21st December 2016. The RNSs appear to be counter-intuitive, and oblivious to this fact, unless I missed something.

Could be wrong, but Chanda is probably Zambian and from the Copper Belt province. Botswana has had more success in diamonds than copper in the past, and its government got its fingers seriously burnt a few years ago with that copper mine that Chandra mentioned in a previous post. Past performance though isn't always an indication of what is going to happen in the future. Alo has reportedly produced 1900 tons of saleable copper concentrate in less than a month, which they hope to ramp up considerably. Compare this with FTSE 250 copper producer Kaz Minerals, which is currently producing 16,500 tons a month, and also has got off to a good start. Tie this all in with China's Silk Road Initiative, which will include big modernising developments in Asia and Africa itself, then a helluva lot of copper is going to be needed in future.

Qatar Airways announced its intention to install Inmarsat's Global Xpress (GX) Aviation across its flagship fleet, for inflight passenger connectivity.

There's no doubting that it's a world class rare earths mine. Shame it's not in Cornwall. I couldn't resist it though when it hit 11p the other week.

Hopefully we'll be getting an operations update this month.

The £ is heading for parity against the US dollar at some point -- maybe 2018/19, maybe sooner, so this SP still has more to rise ( as long as the oil price remains fairly stable or on an upward trend.)

Fear; many are up significantly and are worried about the SP. Ergo profit-taking. The usual suspects of human nature, I'm afraid. The SP got ahead of itself, but it's still got legs. Mind you, when the SP hit £5, the company needs to be proving to the market that it's going to be bringing home the bacon, so to speak. It can't live on positive sentiment for ever. That's still some way off, I think. We shall see.

Terrible decision, but there you go. Foreigners always want those companies that design and make things and provide great value -- it's never a bank for example. Plus the English are the biggest financial *****s in Europe. I wouldn't want to be a 4 year-old growing up in this country. They'll be slaves to foreigners for the rest of their lives.

They will be fluctuations, but the dollar is the only game in town. And it seems that oil is on the up for now. Why would you want to short RDSB? The price could go to £25 yet. I'm not saying it will though.

It's usual for this share of late.