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Hydrogen eventually has to be the way forward to save the planet and producing it economically has to be solved.
Eradication of the use of oil and fosil fuels always makes sense.
Solar or wind power charges batteries for free, for the electrolysis process.
Anyone here see a potential problem with the Zimbabwe government and possible closure of mines and cancelling of leases?
This is either going to die under suspension, or be a 300 bagger.
THE SHAREHOLDERS ARE RUNNING OUT OF PATIENCE, DON'T ASK US FOR MORE MONEY.
Quote:
'11th July 2019....'"We are in discussions and negotiations with strategic and M&A partners to structure relationships that incorporate funding packages for the Projects under evaluation and bids."
In other words, ' WE ARE NOT QUITE SURE WHAT TO DO NEXT'
Even more dilution below 0.04? Oh shat.
Am I right in thinking that the Farm Out announcement RNS would be at start of business, ie 8am?
I said a few weeks ago the springboard SP prior to FO announcement would be 1.5p, followed by a SP spike of between 5 and 10p. That's all very realistic , certainly if it's Shell, Conoco, BP etc. Too many watchers on this company to be a damp squib.
Man the lifeboats.
Tanking now.
The last time I got caught with a suspended share my £20k investment came back worth only £5K, so just pray from now on.
Sold all my axm shares in January and went straight in to 88E which is just about to give birth to a golden egg, after that, if I am awash with money I may risk £500 in axm to get 50 million shares and get a 20 bagger when it comes good................watch this space.
I believe it was about 30p nine years ago.
There is a lot of interest in 88E and as we go deeper into june the springboard price may well go to 1.5p prior to announcement of F/O.
I am expecting the price to peak at 8p.
Its taken 9 years to get to this share price and we get yet another constipated RNS today.
I said last year that they should be looking for a buyer for AXM who can take the company forward rather than letting it stagnate.
I dropped off to sleep halfway through reading it, ....................better than Hot Chocolate.
AXM was supposed to be running out of money by June, has anything changed as I have heard nothing about their finances recently?
Is there anyone here who really thinks that a farm out deal just won't be done?
Yes, I agree, 'Any deal is better than no deal'.
Two failed drillings cannot be followed by a refusal of a farm out offer, it's not going to be a fantstic offer, but, we need positivity at this stage and we can live to fight another day.
With so much acreage to go at let's get this deal under our belt and go forward.