Armadale Capital Share Discussion Threads

[ertugrul] 07/12/2016 10:29

Plenty idiots start to surrounding us. Good sign of undervaluation

[balbains324] 07/12/2016 08:49

We will see.......my money is where my mouth is.

[the stigologist] 07/12/2016 07:52

lol how naive

[balbains324] 07/12/2016 07:48

don't worry about temmujin.....what reason would they have to do a placing right now? They will only do a placing when they need to raise capital to fund commercial development of the asset. By this time the market cap should be around 30million and I'm happy to mop up a few more shares at a discount.

[ertugrul] 06/12/2016 19:47

temmujin I tell you something Fu*k off.

[temmujin] 06/12/2016 18:07

2P placing rumoured

[caledoniaman1] 06/12/2016 17:50

Oh great - so a further price fall coming ha ! the more good news here, the lower the share price goes. One bad rns and it should be lights out time :)

[neo26] 06/12/2016 13:34

ertugrul

that's for sure, I'm 99% certain they will have partners by end of jan...

[ertugrul] 06/12/2016 10:59

Listen the chairman



In the end at 11:50 he said why not to start of take agreement talks while we do feasibility study at the same time
It looks like commercial deal talks will start soon after the JORC

[ertugrul] 06/12/2016 09:26

Armadale Capital (ACP.L, 3.75p) – Speculative BuyArmadale Capital announced yesterday that KMP Mining (fomerly AMS) has completed its due diligence and exercised its option to form a Joint Venture with Armadale to develop and operate the Mpokoto gold project in the DRC. On 28 September, Armadale entered into a binding Heads of Agreement (HoA) with KMP. Following successful completion of its due diligence KMP will proceed with Phase I of the joint venture agreement and earn an initial 25% interest through spending US$1.25m on the project. Upon completion of Phase I, KMP will have 30 days to decide to proceed with Phase II, which entails arranging 100% funding of Mpokoto in return for an additional 60% interest. The Mpokoto project comprises four mining licences and has a combined mineral resource estimate of 678,000oz grading 1.45g/t Au.Our view: We are encouraged with KMP's decision to proceed with the JV agreement following its due diligence. Armadale's management can now focus on development of its Mahenge Liandu graphite project in Tanzania. We look forward to the revised Definitive Feasibility Study and other work that will potentially drive KMP into Phase II of the JV agreement and ultimately bring Mpokoto into commercial production. In the meantime, we maintain a Speculative Buy rating on the stock.Beaufort Securities acts as a corporate broker to Armadale Capital plc

[ertugrul] 06/12/2016 09:25

Good buy opportunity guys

[neo26] 06/12/2016 09:22

StigIs it the end of the world, :-0

[the stigologist] 06/12/2016 09:04

placing coming?

[balbains324] 06/12/2016 09:00

Could be the price falling ahead of the new shares going live on 8th December at 3.5p. Well I'm in it for the long haul......

[balbains324] 06/12/2016 08:36

Loving it....just increased my position here.....mental at why it is still down here but I was looking at it yesterday thinking I wish I had some more LOL

[caledoniaman1] 05/12/2016 23:20

My guess is in the next week or so before the indicative JORC report is issued - controlled volatility screws pi's and makes greedy mm's and ii's money - spin the wheel and load the magnets ;)

[caledoniaman1] 05/12/2016 23:18

So, I guess we now await the sting rns that it would seem that those in the know and selling know is coming - AIMVHO !!!!!!!!!!!!!!!!!!

[neo26] 05/12/2016 20:58

balbain

someone is selling on the positive news,

Lets hope this is not a pump and dump from company!

[balbains324] 05/12/2016 17:01

I can't believe the suppressed market cap here....I thought this would have been at least 5p considering they have almost derisked the gold and taking a straight profit of 15% with no expenses.

[neo26] 05/12/2016 11:36

tivoli

CHL is another investment which will be kept till the end if the results are in our favour tomorrow/wednesday.

ACP is gem which has massive potential, i await the jorc resource.

[tivoliworldgaming] 05/12/2016 10:47

I bet you happy the price has been kept low after this news.
This way you get to increase using hopefully next weeks Churchill profits.

On second thoughts you may feel different. As if Churchill win then you may be worried about a possible OOC settlement.

[neo26] 05/12/2016 10:45

And there is potential to find more gold at the license..Its all falling into place.

[ertugrul] 05/12/2016 09:46

Exactly supercity

This is once of the most undervalued stock in the market and perfect opportunity to invest at current level

[supercity] 05/12/2016 09:37

Quick sums$800 an ounce to mine$1200 an ounce current price Freerolled for ACPThat's 15% of 25,000 ounces a year (just to start with) which equates to roughly 1.5m...before the graphite is even added inAnd they estimate 678,000 ounces down there£8m market cap...a lot of potential upside