Member Info for Safetrader1

website confirms they have an IRR of 44.8% vs ours of I believe a conservative 133%. They also confirm that they have an all in operating cost of $397/t for a product that sells for around $1,300/t.

I believe ACP is hugely undervalued at present.

Accepted Twiggysparks

I got a quote to sell 2m of 0.27p - they are flogging off stock - unless PC gets his finger out and actually does a deal to sell anything, we will simply drift on as before - rudderless ship. I personally suspect that PC is looking on this as his retirement fund and is happy to draw a salary for doing he haw until it suits him to cash in his chips. There are actually other shareholders depending on this sloth delivering before they pass away !!! AIMVHO

You say that Blackrock has a similar mkt cap - they are £33.08m vs ours of £19m - so seemingly 74% more than ours ?

Why RNS on Monday Lordbyron - are you honestly trying to tell us that PC is going to do something positive quickly ! haha

Go on Patrick - shock us all and announce an actual deal !

Total manipulation of the sp - holding it back and even taking it below the placing price when it was flying pre-placing. The mm's and ii's in control of the stock always do this on AIM to cheap pi's out of their well deserved share of the profits. This is AIM and you have to wait until you least expect it - and boom - they let it go. All the fun of a rigged Casino Market. AIMVHO

Who do the mm's / ii's think they are kidding !! In my opinion we are now in the 'starve the pi's out' phase by holding back and reducing the sp. This is all total manipulation in my opinion and this is worth a £100m market cap all day long if licenced - big gap to fill !!!!!!!!!!!!!!!!! I ain't selling one share - even if they manipulate it down to 0.2 !!!

Is that what you are wanting Amtech ? !

Does anybody know what she has done / achieved since she joined the company - must be a year ago now |?

The 8m delayed sales are a smoke screen IMVHO - - this stock is very much now in the hands of the market makers and ii's who are playing pi's - the usual game - try to con / scare them out of their investment before the let the price go and it spikes. I have bought and sold a few (for once successfully trading) but still hold 25m - I will not drop below this amount now and will buy as and when I feel appropriate. I will not be pushed out the door of the party before it starts in earnest. Sunrise will be a huge success in my opinion, but unfortunately they work at a snail pace and I do not anticipate any earth shattering news soon. Ideally I want to builds to a 35m holding before the brakes are released. Gla

game changing developments, and then - SILENCE ? !!

Thu, 2nd Jul 2020 10:45

Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company

2 July 2020

Armadale Capital Plc (‘Armadale’ or ‘the Company’)

Mining Licence Application Submitted

Armadale Capital plc (LON: ACP) the AIM quoted investment group focused on natural resource projects in Africa, is pleased to report that it has commenced the formal Mining Licence application process for its 100%-owned Mahenge Graphite Project (‘Mahenge’ or the ‘Project’) in south-east Tanzania.

Highlights

Mining Licence application process commenced on 16 June 2020 with the submission to the Department of Energy and Minerals on the 30 June 2020Project financing discussions with multiple parties remain ongoing and are progressing well
Armadale Chairman, Nick Johansen, commented:

“This is another significant step on our path in the development of the Mahenge Liandu Graphite Project. The lodging of the Mining Licence Application marks the culmination of a period of intensive work by our project development team and I would like to thank all those involved for their efforts thus far. Receipt of a Mining Licence for the Project will be one of the final and most important de-risking milestones for the Company and we look forward to being able to update further with regards to progress.

“In the meantime, the Company is also currently involved in intensive discussions with a number of parties with regards to securing a development partner to look ahead to construction. Our recently updated Definitive Feasibility Study reconfirmed the enormous commercial potential of the Mahenge Graphite Project and lends strong support to our ongoing discussions. In addition, separate workstreams are ongoing relating to offtake agreements, debt package finance for construction and project level development funding, all of which are advancing well and which we hope to provide further updates on in the near future.

“Armadale has continued to deliver a number of key value accretive milestones in recent months and we look forward to maintaining this momentum in the near term in order to continue to build value for shareholders.”

Mining Licence Application Process

The Mining Licence submission includes the Company’s local content plan, human resources plan, associated mine plans and infrastructure requirements.

The Company continues to have constructive dialogue with the Tanzanian Government officials and hopes to be able to provide regular updates on the progress of the Mining Licence.

Update on Financing
The Company is pleased to report following its recent update on Project Financing that discussions are continuing with a number of parties with the aim of securing a suitable development partner.
At present, the Company is engaged in regular discussions with regards to due diligence and is assisting other parties with detailed evaluations of the technical and financial aspects of the Mahenge Liandu Project and hopes to be in a posit

Even a broken clock is correct twice a day - I have no doubt this will come good, but in the right hands I think it would be much quicker ! AIMVHO

How many of these do you hold now Terrafin ?

Mkt Cap now back down to £10m - that shows you the confidence the market has in PC - not one Offtake Agreement Signed, no detailed plan including financing plant etc - a rudderless ship ! What a waste IMVHO

both trades did appear Terrafin - you need to avoid the tugging mate :)

MM's having fun and games aided by the the great PC - da da :))))

The man with the reverse Midas touch !!

planning meeting re-run - clock started ticking :)))))))