Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
ACP have just published the high grade zones on twitter
https://twitter.com/ArmadaleCapital/status/1258303302258786305?s=20
I would suspect the NPV could far exceed what we already have when modelled into the updated DFS
looking at time and price looks like a nice £40k buy there - someone confident?
probably the stand out junior mining opportunity accross the whole of AIM
absolute crap they are going to rely on mining revenue and have been awarding mining licenses to many miners notably walkabout and blackrock already
money talks and mining brings in money
if you ever wanted confirmation of your investment read this artcile
Id have no reservations in seeing this 10-12p £40m+ cap
https://bit.ly/2WxJKtt
absolutely agree this should be trading at 4/5p already given stage and what H2 holds for investors
Will climb up from here gradually i reckon and hit that target - close financning and/or secure binding off-take deals and its new territory
Got to be one of if not the best junior mining play on AIM with the economics this project has
$38m capex vs NPV of $358m and IRR 91.2% cant be matched anywhere else and likely the optimised DFS will significantly improve even upon these numbers
Have to say this isnt your usual life-style company raising at huge discounts to pay the board their wages.
This is the second or third raise now where the company have raised at market price or at a slight premium
Some junior mining companies may struggle to raise further funds this year particularly the ones with no hope of ever taking their assets to production. Armadale have a real chance with the HNWI backing they have and such good economics on the project and very very low capex requirement
Very good summary of recent news, armadles's proposition and news flow to come H2 - short and to the point
https://youtu.be/h2bmIvPEqKA
They are at it again NT to buy or over ask has to be paid so they are manipulating the spread to try and hold it maybe because they are short but im contacting the FCA about this share as its pure corruption
Not making a fair and transparent market and I can see the MM's concerned on the RSP
Been repeatedly trying to increase my position here since funding was secured given company will be making double MCAP in profit pa
Im really ****ed with what the MM's are doing stopping buying and will try and get in touch with FCA about this as its not making a fair market
Anyone else got same problem?
its all changed since GEO Matt came on board and completely new BoD now so not a concern
Also have full loan facility to draw on if required had £1m funds Nov
Makes clear points and reasoning of why ACP should rerate from here
https://youtu.be/VFn-YSeqMjs
250k buyer been loading last 4 days anyone noticed?
Circa 10-15p pretty much in line with how Walkabout has progressed
Pivotal weeks and months ahead
****************************/articles/alan-green-on-3-stocks-and-nicola-duke-on-3-charts-061b2d8/
#ACP hugely exciting 6 weeks ahead
DFS main focus with likelihood of improving on SS numbers $35m Capex, $350m NPV 122% IRR
Investors can expect Binding off-takes
Mining License (BRK & WKT got theres this year)
£12m cap £1m cash resources
Under 1y leadtime to production
Note below how ACP have pulled off a great deal that now leaves them with £1m cash resources - very impressive
KEFI back in August paid £205k (cash & shares) to remove asset security from their Loan Facility to prepare for project financing
ACP just done the same except they paid no penalty and actually achieved a higher conversion price
different baby now Matt Bull 8% shareholder is really driving this company forward
spoken like a true shareholder lol
what about other key de-risking news ?
Well worth a watch through these for any serious investors
https://twitter.com/TheMoneySponge/status/1192368909472665601?s=20