Member Info for Snowman100

AXM are probably suffering from writers cramp preparing all the imminent updates!......meanwhile we'll have to make do with yet another revisit to an old update.

'Tue 02 Oct 2018 13:12
Alexander Mining said partner Proses had had made progress on establishing a zinc plant in Turkey by signing a new royalty agreement.

Alexander and Proses had in February formed a commercial and technical partnership, whereby Proses would use Alexander's patented leaching technology to process lower-grade oxide zinc ores.

Proses had now entered into a formal royalty agreement with Osmanli Madencilik, which would receive a percentage of product from the zinc plant. 'We are delighted with the excellent news and swift progress made by our partners Proses and greatly appreciate their hard work and efforts to reach this exciting milestone,' chief executive Martin Rosser said.

'We very much look forward to working together on the next stages.'

I assure you Martin, not half as much as us shareholders (who own the company!) are looking forward to some sort of update!....even if it just describes what biscuits you plumped for in your last (hopefully recent) meeting with your partners in this venture. While you're at it an update on DSR would be cool....and you may as well throw in the odd comment about WA whilst you're at it......please.....try to hurry it along just a little before all the patents run out!

'17 July 2018 | 13:56pm
StockMarketWire.com - Alexander Mining said it had hired Wardell Armstrong International to audit the results of initial test work at its lithium production joint venture.

The JV covered the testing and development of a potential heap leaching process for hard rock lithium ores, potentially reducing the complexity and cost of the conversion process from mineral to battery-grade lithium carbonate and hydroxide.

Initial test work and a high-level audit was expected to be completed in approximately three months, the company said.

At 1:56pm: [LON:AXM] Alexander Mining PLC share price was +0.01p at 0.16p'

It can't be long now.......if they didn't know it worked and was a goer they WOULD NOT have comissioned a high level audit from an independent world leading company.....it would have been suicide!.....THEY KNOW IT WORKS !

Juicy RNS tomorrow prior to Turner Pope Investors evening?
GLA

Here's an interesting article from end November about Irish Gold Mine receiving permit to mine....shares flew up.

'Shares in Galantas Gold (TSX, LON:GAL) climbed more than 30% in London on Friday after a court of appeal dismissed a challenge to a Northern Ireland judge’s approval of work at the company’s Omagh gold project. the court ruled that the appeal brought forward by a local resident had failed, confirming the planning consent for an underground operation on the former open pit mine…….once it brings it into commercial production it will yield 30,000 ounces of gold concentrate per year……Shares in Galantas were trading 28.8% higher to 8.05p by 2:05 pm London time.'

.....Their mcap on LSE is 12M (but they only have 192M shares).

Our turn shortly! Sinosteel can do 120,000 oz of PGM at full capacity(our share 35%...about 42,000oz)....and ours is easier to mine.....and Palladium in demand and flying....hopefully platinum should bounce soon...rhodium is off the scale.

GLA

WA Twitter site says it was the closing conference of FAME and it was packed.

https://twitter.com/wa_mining?lang=en

Hopefully our WA results this week then!

Just noticed this on the FAME website.

FLEXIBLE AND MOBILE MINERAL PROCESSING IN THE 21ST CENTURY
The FAME Conference in conjunction with the Mining Technology Division of IOM3.

This was a presentation of the FAME PROJECT at the prestigious iom3 297 Euston Rd London 5/6th December 2018

IOM3 is The Institute of Materials, Minerals and Mining....so was this their final presentation of FAME results?

That was Wednesday and Thursday just gone.....so is it possible that our own results may be released into public domain now?

GLA

Have another read while you're waiting!

'On Thursday 18th October FAME Coordinator Chris Broadbent made a presentation to the LEEDS University student chapter of the Society of Economic Geologists (SEG) on the ability of Europe to produce lithium from indigenous lithium ores. Lithium is a metal of significant interest at the moment with the demand driven by the electrification of automobiles. Currently Europe imports 99% of its lithium requirements – in the case of Lithium Ion Batteries (LIBs) this is in the form of Lithium Carbonate or Lithium Hydroxide. Within the FAME project 3 of the 6 Reference Ores can be considered as Lithium Deposits – Keliber, (pegmatite) Finland (main lithium mineral spodumene), Cinvec (Greisen) Czec Republic (main lithium mineral the lithium mica zinnwaldite) and Goncalo (pegmatite) Portugal (main lithium mineral the lithium mica lepidolite). Pilot Plant test work has ben carried out at LNEG in Porto on the Goncalo Pegmatite ore to produce lepidolite concentrates. These have been converted to lithium carbonate at bench scale test work carried out by GEOS in Saxony, Germany.

The President of Leeds University students chapter of SEG said “ I never realised that Europe is investing so much into EVs (Electric Vehicles) and how important innovative lithium processing technology will be for Europe. It is very useful for our students hear about the difficulties and practicalities involved in mineral processing. The FAME Li research is of vital importance”.'

Surely WA results will be released soon?.....are they testing other companies processes as well?......ALL results by years end?....3 months is becoming 5 months next week!

It will be MASSIVE news one way or another, that seems certain!... this was released in October, I only wished they had mentioned test work in Australia........Was WA contracted to analyse AXM outside of FAME?....have WA got to wait untill the FAME results are released BEFORE they can release results to AXM...or similarly have AXM got to wait until WA release FAME results before they can release their own results which are outside of the FAME umbrella....for legal reasons....either way there is a hell of a lot riding on the FAME results for many companies in processing/mining/marketing fields.....I expect ALL news has to be disclosed at the same time and not leaked bit by bit which might give certain companies an advantage?
Who knows...all above my pay grade.

GLA !

One thing about DSR is that their fully diluted share number is a mere 58,317,250.

That means any increase in their market cap via money pouring in from these massive projects, their share price will fly!........which means our 500,000 would be a tidy amount.....their shares are only worth 10 cents (5.85 pence) at moment....29K for us.......not much, but better than a kick in the goolies.....I guess we just hold on tight to those until they worth loads.

Mainly, our money will kick in on the royalties etc......the resource is massive.

What we really want though is the eehhhrrrmmm WA eeehhhrrrmmmm livium results........then we rocket!

If nothing else....DSR should yield some news very very soon!
As soon as the Turkish Government pull their finger out, the Toronto Stock Exchange will probably act with the speed of a striking lightning bolt (in comparison with AXM!) and we will have news of some description, because as soon as TSX act on that, we get our 500,000 shares in DSR....and there will be simultaneous news released regarding Kapili Tepe...should give the AXM SP a bit of a kick!

Trill,
I'm 3 months off 65 and am the exact opposite.....I have only one black hair left (not telling where!).....I'm hanging on in the hope that they will find a use for livium in hair dye!

Mo,
ehhmmmm ehmmmm Cut out the middleman and buy them now! ....I have had email replies before, but they certainly don't give much away!..........I'm a desperate man here.....basically, I've asked him to pull his finger out!

Have emailed biscuit central....................will update if i get any crumbs!

Is the figure of 333,333 relevant as some sort of code or just coincidental?

Pity there wasn't more time for tick ups to continue! Roll on next week!
GLA

RNS Number : 8770J
Infrastrata PLC
07 December 2018







7 December 2018



InfraStrata plc



("InfraStrata" or the "Company")



Exercise of warrants and change to total voting rights



InfraStrata plc (AIM: INFA), the UK quoted company focused on the development of natural gas storage capacity, announces that it has received notice of the exercise of warrants to subscribe for a total of 333,333 new ordinary shares in the Company (the "New Ordinary Shares"). The New Ordinary Shares are being issued at a price of 0.60 pence per share and relate to warrants issued as part of the Company's fundraising announced on 25 January 2018.



Application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 13 December 2018.



Upon Admission, the Company's issued share capital will consist of 1,079,395,275 Ordinary Shares with one voting right each. The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company will be 1,079,395,275. With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Head clearing now (courtesy of British Rail or whatever it is now....long trip home would have seemed churlish not to indulge!)
I remember John saying to me that he was planning to take INFA into a regulated market as soon as he could (maybe more difficult for whoever controlling the market to continue their shenannigins?) I think that would make it a lot more attractive to institutions/pensions funds wouldn't it?......although how would it affect share ISA's tax wise?
Actually I think it would be a mega move...............might even become Blue Chip ourselves one day!!
GLA

Whole company anything around 12p-15p would be an absolute steal.

There are many that would (and will) say nonsense....but Optima are totally and deliberately being uber conservative and I have a gut feeling (again, many will have vastly opposing views) that another release by them was already planned before they released their current one!

They have admittedly used very severely conservative calculations as regards discounts regarding their 5.3p derisked estimates. They have not taken into account the spectactular rise (and predicted spectacular continuation of that rise into the coming years) of price of Pd.....other metals too will probably rise very well indeed (people will be spitting feathers saying you can't base estimates on possibilities....but I assure you that you can....this is real life and it happens every day!), no account taken of the very strong probability that reserves/resources will be vastly increased by large bore drilling to take into account probable higher than expected grades in general, nugget effects and bonanza grade pockets....who knows they may hit world-class big time bona fide bonanza grade with all the thermal activity that has gone on in our zone geologically.
No account taken of Uranium project which will probably be huge, given the astronomical price rise (around triple in next few years) predicted of uranium (currently hovering around uneconomical...but that looks likely to be blown out of the ballpark). No account taken of the easily processed and not too shabby SMT gold tailings. No account taken of a bidding war.....several majors/nations (not only China) will be busting a gut to get in with a strategic position in Russian palladuium.

Personally I think this could go even higher than mentioned above (gales of laughter from the unbelievers.....so what?....everyone entitled to their own opinions.....and I can see why many people like to work on the conservative side....but not me....all opinions are perfectly valid and all entirely possible....the likelyhood of each scenario is only a personal view of each individual....in reality nobody really knows).

Actually, this post is me in DEramping mode !.....you really need to catch me on a good day, when I start to crank up the good side a bit !!

I believe in good fortune and we are overdue some!

Everyone strapped in?.....all the best..........GLA !

Excellent.

Anytime now and although probably some time next week, it is quite possible that we will take delivery of the licence itself as early as later today!

GLA

From the photo, at least it looks like the WA presentation may have been well attended.....recently we have been seeing nothing but empty seats !

GLA

Hi Dawski,
Great to meet you and all the guys last night. Very impressed with direction and drive of the BoD. Judith was great fun as well and doing superb work with local PR.
I just tried to send you a private message but it won't let me because I'm not a premium member.
The Snowman.