Member Info for Snowman100

Strange times. obscure fluctuations. News about to pop?
For gawd's sake, news got to pop sometime soon....gut feeling say's very close.
If not...please pass cyanide capsule before I get bored to death with waiting.

Have AXM got a patent out in Russia? I don't think so but not 100% sure. If not, why is that?
The following link shows a massive tailings project that sounds ideal for AXM leaching technology.

Material is typically dispensed as a slurry of water, fine grained sand and silt, and unrecovered valuable metals, in this case gold and silver. A number of factors contribute to encouraging economics of reprocessing these deposits:

https://www.eurasiamining.co.uk/operations/semenovsky

It sounds tempting...'This TEO and associated reserves, have now gained state approval as Russian standard C2; 2.99million tonnes of ore grading 1.18g/t Gold and 16.44g/t Silver, and are the maiden reserves for the project. Eurasia undertook a metallurgical sample drill program in early 2016. 5 drill holes testing to the bottom of the dam were split to meter intervals and tested at SGS labs Chita. This metallurgical work was designed to test gold recovery by cyanide leaching.....'

Please can one of you maths gurus do a quick rough calc to see what that would be worth.

Re Jarem's post: 'we have multiples and all in areas of increase demand over the next 2/3/4 decades'.

Agreed, demand for green economical process will increase over next three or four decades, but anyone know what happens to patents when they run out? can they be lengthened for a fee paid?...or are the end times set in stone?

Could everyone then start using the processes AXM progressed and not have to pay royalties to AXM for the privilage? There must be some way to protect the intellectual rights past the end date of the patents?

Thanks ICL.
That takes some of the mystery out of the process.
My feet are back on the ground.....told the car company to put me Mazeratti on hold for a bit.
Me just hold and wait for next bit of news on any front.....can't be forever....happy days sometime ahead.....I've got plenty of biscuits to keep me going. One day we wake up to brilliant news.

Thanks Jarem.
I guess we're not going to know the specific terms until it happens. I suppose nobody wants to stick their neck out on that one to hazard an educated guess...... maybe 0.1p? Anyone have any experience of going through a rights issue? If so did the SP rise or fall throughout the process? Bit of a bummer right now......has dropped a fair bit already.
Does anyone know when they are likely to do it?.....immediately?...any indication given at the AGM?
I suppose I'd better start trying to hunt for some more dosh.........in for a penny and all that!

Hi.
Sorry....total novice.
Re: Special resolution No.5 (passed at AGM).... rights issue.
What will this actually mean to an individual shareholder holding say, 1m shares.
What are we likely to be offered and at what price? (eg is it likely to be say, you can buy 1 share for every 10 you hold and at a discount of 10%)
Is there some sort of time limit to make a decision and what is the probable discount on current market value?
Can a shareholder take up the offer and then sell for an immediate profit?
When and how are we likely to hear more information about it?
If you hold shares through an online broker like the share centre or similar will they get the offer or will the individual share holder get notification of the rights issue through the online dealer (because AXM doesn't have their individual addresses?)
Sorry if all seems so niaive, but just haven't got the faintest idea of how these things work.

TDT
Many thanks.
This was useful and informative (and simple...which is essential for me!)
You are a man of many facets............(meant as compliment).

Sorry wrong company!
I had another company with AGM today.
Still interested to know what happens with a rights issue....if anyone could spell it out in few simple sentences.

My Kingdom for a Sloth!

Stop being so silly please, this is a serious game! ....On the other hand,....I do rather think Sid from 'Ice Age' is our type of sloth!

Come on Sid...please apply !....Can't be slower than Rosser et al.

Sorry typo I meant 4.2 not 2.4! lol

Brilliant news today. Hold on for dear life!
Re the resolution regarding rights issue.
Can someone give me a novices (me) explanation of what will probably happen in the rights issue.
As far as I understand (half guesses), we will be offered the chance to buy some shares (maybe about 1 for every 4 we hold)
Will this be at the price of shares at or before or after or current price at the time of application or whatever?????
how long do we get to decide whether to buy?
Is it possible (seems too good to be true but I dont know how these things work) that we may be able to buy the said offered shares at a price below current value and sell them immediately to make a quick profit?...too naiaive?..but as I impied...I am a total novice lucky enough to buy in my current holding1M+ at 2.4 on average (small compared with what I have read some of you got but its a lot of dosh for me).
Cheers,
Snowman (about to melt!).

A post by PennStreet ADVN at 4.11pm today....noted that price of Palladium shooting up......Happy days!

Great spot TDT.

Doesnt matter when it was released...Christian says in the video that updates will be released at the same time as AGM which is tomorrow.

Roll on tomorrow!

Am I alone here in thinking that obnoxious posts giving this site a bad name and also harmful to the SP and discouraging possible investors, nearly exclusively have a common connection with one poster.
Is this merely a disgruntled guy throwing toys out of his pram or are more sinister manipulation forces at work here....doesn't seem kosher.
Not doing us any good at all !

Maybe!....here is a post I just posted on ADVN...see what you think.

EX...in answer to your comment on when is the Russian Parliament Recess...the following was published in Russia on 21st July 2017.....

'Ahead of its summer recess, the State Duma passed final drafts (third readings) of 69 very different pieces of legislation. Many of the laws adopted in this hurried flurry of activity will likely have a profound impact on the lives of millions of ordinary Russians. Meduza summarizes the most important legislative moves by Russia's federal lawmakers in the past three days'.

21st July 2017 was of course a Friday.....therefore I feel it very likely indeed that their last day before recess is tomorrow...being a Friday and all.

I will stick my neck out here and say (IMHO...of course!)that he will sign Monchetundra off tomorrow!.....sue me if I'm wrong lol.

With respect, IMO....nothing wrong with the one we've got...We wouldn't be where we are now without his efforts.

Have applied for a patent in New Zealand, but unfortunately I am being escorted as I type this to a secure institution to spend the rest of my days being drip fed biscuits.
Keep the faith...if I can escape we are on a winner here! lol.

Unfortunately, got to be soggy to leach out all the juicy bits....but the goodies are all in there!
Happy days.

Ran my own tests under domestic conditions.
Heap leached big pile of biscuits with strong coffee under atmospheric conditions and ambient temperature.
Results were amazing....tasted really good and was up to commercial standard.
I am 100% sure this concept is a goer.....hold onto those shares, we're in for a white knuckle ride into the rosy future.