Member Info for Safetrader1

Andysel, the spread is plenty wide for them to offer a price online. They are simply stealing short term traders money and then pulling the price back. I have been there, done that and wore the tee shirt, but wise enough now to not fall in to their manioulated traps - as I said - utterly disgusting crooks AIMVHO

Continual uncertainty and lack of meaningfull news lets the mm's have a field day at will playing with this stock at will. Can't even sell 500,000.
These mm's are nothing but legalised thiefs.

AIM should either be shut down or properly regulated. You would not get away with this in any other 'regulated' industry. Utterly shameful deception. AIMVHO

Perfect Icebank :))

I hope you are right Icebank, but this is PC you are talking about ! Care to try and define the very near future ?

Do your worst ;))

for no apoarent rsason. News imminent ? !!

and we are off to the races. If both then I might just retire :))))))

Spread moved up to accomodate that buy - moved around like a yo yo :)))))

Tue, 13th Oct 2020 10:00

 

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

13 October 2020

Armadale Capital Plc

(‘Armadale’ or ‘the Company’)

Mahenge Graphite Project Update

Armadale Capital plc (LON: ACP) the AIM quoted investment group focused on natural resource projects in Africa, is pleased to provide an update on its 100%-owned Mahenge Graphite Project (‘Mahenge’).

HIGHLIGHTS

Front End Engineering Design (‘FEED’) of processing plant by international engineering, procurement and construction company (‘EPCM’) due to commence shortly upon selection of preferred construction groupSelection process at an advanced stage, with suitable strategies for the development and construction of Mahenge already identified following a detailed consultation process with a range of potential mining contractorsReady to initiate follow-up and final metallurgical test programme to enable the detailed selection of the processing plant equipmentNational Environmental Management Council (‘NEMC’) site visit completed - one of the penultimate steps required for granting of the Environmental Permit (ESIA approval) to facilitate the granting of the mining licenceContinue to advance ongoing project financing negotiations for mine construction of Stage 1 of Mahenge’s 60,000 tpa capacity

Armadale Chairman, Nick Johansen, commented:

“We are delighted to announce another crucial step forward in the development of Mahenge. Appointing our chosen EPCM will mark the commencement of the next preparatory phase of mine construction and take us another step closer to production. In addition, the completion and submission of the Environmental and Social Impact Assessment (ESIA) is one of the final necessary components in the Mining Licence process and I would like to thank all those involved for their efforts in completing this important piece of work in such a short time frame. Receipt of a Mining Licence will be one of the final and most important de-risking milestones for the Project and we look forward to being able to update further on this as we work with NEMC to conclude the final licencing components.

“Alongside this, as previously indicated we continue to be positively engaged in development funding options. Testament to Mahenge’s highly compelling project economics we have received strong interest, and we are naturally committed to securing the best option for our stakeholders. We will update shareholders on further developments as soon as we are in a position to do so.

This was over 3 months ago !! I was hoping for the mining licence and finance being agreed by now. We seemed to be very proactive for a while last year, however unfortunately ACP seems to be regressing to its past trend of silence with regard to any meaningful value enhancing news. :((((

The Broker Option has raised £250,000, before expenses, through the issue of 89,285,714 Broker Option Shares at a price of 0.28 pence per share, conditional on Admission, bringing the total amount raised under the Fundraise to £1millon, before expenses.

 Placing was made 4.5 months ago and the Bid is still sitting at the placing price which was at aporoximately a 25% discount to the sp immediately before it was announced.

Very disappointing lack of progress towards an actual income flow AIMVHO

Predictions for a sale of the CS Project on its oen ? I am thinking circa 1.2p

So 4 months now with all the waiting time to add for discussions with potential offtake partners prior to that. Sample after samplea submitted for testing - and still not even one offtake agreement. 2021 is shaping up to be yet another year of disappointment for SRES shareholders. Why does PC not recruit the right peoplie to get the job done here ? Is it lack of business accumin, or blatant stubborness to relinquish control.

Whatever the reason, we continue to drift under the radar into obscurity. Very disappointing IMVHO.

I am now getting it. PC keeps sending large batch samples out to potential customers for testing and we dig up the whole mine. If some of them come good, then we actually get some income :) All bodes well.

to congratulate the mm's on their marvellous manipulation here - well done ;)

The sizeable trades going through bode very well indeed here :)))

Then I would buy your ticket NOW !!! Gla

pi's seem to get hung up on psychological barriers, be it breaking 5p or £5 - it makes no odds in the long run with a company such as this where the sp ultimately is only going one way !!!!! IMVHO Gla

21 target for me toachieve a £100m mkt cap in next 2 years. So a 4.545 bagger and I will be happy to top slice. I have been in this stock for a long time now abd certainly have no intention of exiting at this very exciting time !!!! Gla

Hey ! - that's my job Daddykool ;)

The AIM casino is so rigged - the mm's decide exactly which way this goes to suit their ii chums.