Armadale Capital Share Discussion Threads

[tivoliworldgaming] 18/1/2017 08:19

At 2.5p I may be tempted to get back in. As I would of saved myself £400 for selling out at 3p.

[thelung] 18/1/2017 08:17

neo / balbains, is a further fund raising required for H2?

[neo26] 18/1/2017 08:15

StigI just realised you are an idiot, where do you suppose they would have got funding from for working capital if they didn't do placing?Each to their own..Well I believe the company can continue going forward now....

[balbains324] 18/1/2017 08:14

Fair play....but even management are buying in so I'm going to hold out for the long haul. I will average down next week at 2.5p. But I'm still expecting this to do very well over the next few months.

[the stigologist] 18/1/2017 07:58

told you you were being mugged off

Placing to Raise £650,000

Armadale, the AIM quoted investment company focused on natural resource projects in Africa, announces that it has raised £650,000 through the placing of 26,030,000 new ordinary shares of 0.1 pence each (‘Ordinary Shares’) in the capital of the Company (the ‘Placing Shares’) at a price of 2.5 pence per Ordinary Share with new and existing investors in the UK and Australia (the ‘Placing’;). The funds raised will be used for working capital requirements.

[neo26] 18/1/2017 07:51

Qs99

The great thing is it doesn't cost much to drill to find graphite, especially since its all near the surface.

Hopefully by h2 we will have met results, offtake partner and hopefully more graphite. :-)

[ertugrul] 18/1/2017 07:51

After H2 2017 things will be much different We have big chance of getting a big battery maker to invest in our Graphite project

[ertugrul] 18/1/2017 07:41

Yes it's out of our way now Could be better price but again cash is the king

[neo26] 18/1/2017 07:38

So funding has been sorted....

[neo26] 17/1/2017 18:28

ertugrul

expecting the Met Test Results and Full jorc report shortly, if the purity of the graphite is very good then hopefully samples will be give to commercial players to test if they are capable for production of lithium batteries. Next six months will be important and can be a game changer!

Once they commence drilling in spring they will be looking for more graphite. :-)

GLA

I recall another stock of mine, matd, from 2p to 26p in the space of 5 months, can see this here also, if everything pans out!!

[ertugrul] 17/1/2017 17:12

MET results must be very soon, so we should be getting good news flow after it

[neo26] 17/1/2017 16:08

Full Jorc report should hopefully be out soon also, maybe this might entice the institutions to jump on board. Fantastic opportunity here if it all pans out!

[neo26] 16/1/2017 19:49

Bear in mind Kibaran Resource first had deposit of 14.9Mt at 10.5% TGC in Epanko and now its over 20Mt.

ACP has significantly higher resource and one can speculate they may find more when drilling commences in the spring. I think with what we got at present with it being high grade we already have a substantial QUALITY resource.

Just wait for the full jorc report to be issued and the Met Test report, this should hopefully get interest.

[neo26] 16/1/2017 16:00

Balbain

These geologists will know what product we have, its their job.

Worth noting our graphite grade came higher than Kibaran Resource and their graphite results confirmed it can be used to make lithium batteries, the sample properties were superior to the ones used currently in China for batteries.

I think the MKT will realise soon but its such a fantastic opportunity at the current price.

[neo26] 16/1/2017 11:59

yawn!

come on acp, wake up... :-)

[balbains324] 13/1/2017 13:06

News can be anytime during First quarter regarding the properties of the graphite resource. if it's only good enough for a pencil then we're pretty shafted......but if it's good enough for batteries then I will see you in elysium.

[ertugrul] 13/1/2017 10:07

Nice tick up with little volume, can smell a good news...

[neo26] 13/1/2017 09:37

this one is itching to go!

[balbains324] 12/1/2017 14:18

Getting some interest today..........the build up is coming.....

[ertugrul] 11/1/2017 21:38

Definitely one of the Best

[neo26] 11/1/2017 13:35

This is good stock! Buy buy buy.:-)

[balbains324] 10/1/2017 08:31

Amazing volume...test results due sometime end of this week or next week I believe. Then we should have some traction.

[neo26] 09/1/2017 14:20

tivoli

Volume is small, if one is happy to make 10% gain that is ok, but if you see the bigger picture is has the potential to be multibagger.

It can still fail, but the signs are looking good to date. Lets take it a step at a time..

First the Metallurgical results which are hopefully out soon, this will show the quality of the resource, we know the grade is very very good, now the purity.

Patience!

[tivoliworldgaming] 09/1/2017 13:41

I am sitting on the sidelines waiting to get back in if the placing happens. It is better to take 3p a week ago than to now be worrying about margin calls. Looking at the sells STIG has a fair point.