Armadale Capital Share Discussion Threads

[neo26] 19/12/2016 16:04

StigNow you want a cake and eat it at the same time.This cannot be done over night, its wet season till march further drilling will be done to further prove up the resource.Now if you tell me jorc inferred is useless indicator then I can't help you. This has given us a good idea of the size of the resource, even if the probable resource is half 40mt inferred resource it is still massively undervalued. But I believe probable resource will be over 30mt.At the end of the day the fact that you are here s28, you are interested...

[the stigologist] 19/12/2016 14:44

Inferred = Guess

How much to upgrade to Indicated ? What about Measured ? How about doing a BFS/DFS to get to Proven and Probable reserves ?

Don't kid yourself or others

[neo26] 19/12/2016 14:14

Incidentally what simpleton MKT cap do you expect once the placing is concluded?
Cos if its not 30m then it's cheap...

[neo26] 19/12/2016 13:32

stig

How much dilution do you expect.

You fail to mention that with £825k we have manage to drill 21 holes, received assays results, start met work, received inferred jorc resource and commenced graphite testing for battery production use. We now need to do feasibility studies and more drilling in late march to prove up the resource fully.

At current mkt cap this is dirt cheap.

[the stigologist] 19/12/2016 11:36

I've told you and explained so even a simpleton can understand. The dilution needed to prove up a resource will be the 'increase in valuation' not the share price going up.

If you are too much of a moron to understand that you deserve to lose your money

Looks like your boyfriend keya woke up to that and has done a runner.

Maybe change your name to cuck26?

[neo26] 19/12/2016 11:33

I've not sold any....Yes a placing is likely coming but the assets will be worth multiples eventually when MKT wakes up.

[the stigologist] 19/12/2016 11:31

keya5000 - 24 Nov 2016 - 09:16:51 - 99 of 270

lol.....

No long though one month maybe less for the news we know is coming



keya5000 - 22 Nov 2016 - 18:05:15 - 78 of 270

Over 5m in round blocks traded today, if they are not out by now we only have a short time to wait.



keya5000 - 22 Nov 2016 - 14:10:58 - 74 of 270

Exactly Neo 100%+ rise coming here, those 10% can do one!

[neo26] 19/12/2016 11:13

OK messiah, you know it all.

[the stigologist] 19/12/2016 11:02

Hate to say told you so but I did tell you so.

Do not be surprised to wake up to a discounted dilutive placing at 2.5p or lower soon

[neo26] 19/12/2016 09:41

Fantastic buying opportunity for new buyers.

[evans10] 16/12/2016 13:34

Both ACP and LEG are worth being involved in, though I wouldn't be quick to withdraw my cash from here...

[tivoliworldgaming] 16/12/2016 11:05

Well LEG just gone blue with a crazy amount of buys.
I am well happy with my 7.5K pp there and £800 worth of shares.
I should get back half my CHL losses if an RNS comes my way.

[neo26] 16/12/2016 09:53

TivoliYou might miss the boat here..Too many sells here, are you sure we are looking at same stock?Volume very small here... Massively undervalued the city will eventually take note....

[tivoliworldgaming] 16/12/2016 09:24

Just took a loss on half. As too many sells and LEG is ready to double before this one recovers. A bit like Churchill all over again that should of been sold to go into LEG.

[neo26] 15/12/2016 12:31

Just look at our competitors, the quality of our graphite is exceptional.

Unlike our gold mine when has around 4 years mine life this graphite asset will have over 15 years mine life.

With high grade graphite costing circa $1400 per tonne, I think future is looking rosy..

[ertugrul] 15/12/2016 11:22

Very reasonable target, It can also be reached with a commercial agreement imo

[neo26] 14/12/2016 18:55

Sharebuff

Acp has one of the highest grades in Tanzania it will come good.

Don't forget our neighbours graphite grade are below ours, also acp jorc inferred result is double that of kibaran.

I think a fair value will be 30-40 mil if we get some favourable results.

I'm confident on this one..

If feasibility study comes up with 15-20 years mine life with ebitda of $35m per annum, the 6m current MKT cap will look cheap.

the directors have said it will be easy extracting the graphite as its near surface..

By June 17 I have target of 15p

[sharebuff] 14/12/2016 18:36

neo - I think you are spot on, the first half of 2017 will be the game changer. IF all goes to plan (still an IF at this stage but with reasonable likelihood in my opinion) a market capitalisation of around £20m is not unrealistic.

Still much to firm up on but as the company de-risks so the risk/reward will reduce. That is why I am in now. I try to work on the principle of getting in within 15- 20% of the bottom and sell within 15-20% of the top as no-one picks exactly the right moments to buy and sell. Made a fair bit on MSMN last month.

[the stigologist] 14/12/2016 16:57

if the results are bad probably game over though

[neo26] 14/12/2016 16:09

The company is testing the graphite to see if they can use it for batteries, those results won't take long and if they confirm what company expects then these will be looking very cheap.The director was saying the extraction will be low cost.First half of next year will be really positive.

[neo26] 14/12/2016 15:03

very unprofessional for a guy who has no interest...

[the stigologist] 14/12/2016 09:46

eerily quiet ?

bucket shops hard at work in the background ?