Armadale Capital Share Discussion Threads

[novicetrade68] 11/9/2017 17:30

If the monies raised would be used for either further developing the graphite or do something with their gold project then imo an equity raise shouldn't be a huge issue, it's part and parcel with AIM. It may actually boost the sp, who knows.

[neo26] 11/9/2017 17:05

balbains

they said they had enough for the drilling campaign, dont forget the monthly cashburn also.

Its almost 9 months since they raised cash they will need more...

[jsd71] 11/9/2017 15:58

Yes, I had a similar response to an email.

[balbains324] 11/9/2017 15:51

They did say they have enough money to see them through till the end of the year. They also responded to my email about clarification of the levy situation and said they are still seeking legal advice.

[neo26] 11/9/2017 15:43

placing is imminent, they need money i wonder if they will get it..

[neo26] 11/9/2017 15:43

novicetrade

dont you think it was strange whenever there was a rally in the share price then we had massive sells, apparently they were coming from Australia, you know where our big investors are from!!!!

WF month before his resignation took part in the placing dont you think that was strange he resigned, what did he uncover..

Something really fishy about Kabunga and this graphite project..

IMHO

[novicetrade68] 11/9/2017 13:44

Sorry neo, but perhaps I don't follow your obsession with WFs departure. It's over 6 months now and what happened has happened. Besides we don't know the exact reason why he left, may be he jumped before he was pushed? May be he was in breach of company policy? Based on what's out there in the public domain we simply cannot know.

That having said, an update on the gold is well overdue and hope the company will revisit the project now with a rising $POG.

[jsd71] 11/9/2017 12:40

I think a lot of people are waiting for gold project funding news before committing.

[neo26] 11/9/2017 08:50

Novice tradeDon't you think since WF has left the company has issued numerous positive rns yet the share price has fallen further.Why do you think that is?They are out of money anyway soon, where's that coming from?

[jsd71] 10/9/2017 19:05

China looking to ban petrol & diesel carshttp://www.bbc.co.uk/news/business-41218243China made 28 million cars last year, almost a third of the global total.The proposals would require 8% of automakers' sales to be battery electric or plug-in hybrids by next year, rising to 12% in 2020.Xin predicted the change would create "turbulent times" in the industry.The shift will also have a knock-on effect on oil demand in China. The country is currently the world's second-largest oil consumer after the US.

[balbains324] 07/9/2017 16:31

This will be moving up slowly from here. I'm putting my money on it.

[novicetrade68] 07/9/2017 12:07

Don't you think it's becoming a bit lame neo to keep on rubbishing the company since you bailed out presumably at a massive loss?

[jsd71] 07/9/2017 11:36

Jaguar Land Rover - all electric, hybrid by 2020https://www.theguardian.com/business/2017/sep/07/jaguar-land-rover-electric-hybrid-cars-2020Jaguar Land Rover has become the latest large carmaker to say it will stop building cars solely powered by internal combustion engines, two months after Volvo pledged to do so.The UK-based manufacturer promised that all new models from 2020 will be fully electric or hybrid

[neo26] 07/9/2017 09:05

Nobody gives a cap, bod are not trustworthy...They need cash to go further.. More dilution coming big time, they can't get the buyers..

[balbains324] 07/9/2017 08:01

That is a banger!!

[ertugrul] 07/9/2017 07:11

RNS outSuperb drilling results

[jsd71] 26/8/2017 08:29

China: Graphite Electrode prices risen sharplyhttp://markets.businessinsider.com/news/stocks/CRU-Graphite-Electrode-Prices-Have-Risen-Sharply-due-to-Supply-Tightness-in-China-1002251145Prices have increased rapidly this yearGraphite electrode prices and their input materials have risen sharply this year; needle coke prices have reportedly increased to about $3,200t from $450/t a year. CRU believe that the rise in prices are due to supply side factors, rather than being driven by changes to demand from the Chinese steel industry. These changes are affecting the whole supply chain - with raw materials suppliers unable to meet demand from electrode manufacturers, and with steel mills around the world concerned that they will run out of replacement electrodes by the end of the year. We hear that there is currently a year long waiting period for electrodes from manufacturers.

[jsd71] 22/8/2017 16:24

From the article.. Mr. Asimwe Kabunga, B.Sc served as an In-Country Consultant of Strandline Resources Limited. Mr. Kabunga has been Chairman and Non-Executive Director of Volt Resources Limited since August 4, 2017 and April 05, 2017 respectively. Mr. Kabunga has been a Non-Executive Director of Strandline Resources Limited since June 18, 2015. He is a Tanzanian born Australian entrepreneur with over 19 years' technical and commercial experience in Tanzania, the United States and Australia. Mr. Kabunga has extensive experience in the mining industry, logistics, land access, tenure negotiation and acquisition, as well as a developer of technology businesses. He was a cofounder of Strandline as a private entity and has been key to establishment of the ground position and exploration efforts to date. Mr. Kabunga has also been instrumental in establishing the Tanzania Community of Western Australia Inc. and served as its first President. Mr. Kabunga was a founding member of Rafiki Surgical Missions and Safina Foundation Tanzania. He has been Director of Lindian Resources Limited since June 2017 and served as its Non-Executive Director from June 2017 to July 7, 2017. He holds a Bachelor of Science in Mathematics and Physics.

[ertugrul] 20/8/2017 20:55

I dont think so

[balbains324] 20/8/2017 10:56

The only downside is they drive the price down then mount a takeover.

[ertugrul] 18/8/2017 21:00

This could be the turning point for the company.If Mr Kabunga can get similar deal for us from the Chinese than it would be the best news ever.

[jsd71] 18/8/2017 14:03

A.Kabunga - Now Chairman of Volt RsThis could be very good for Acp regarding Chinese offtake partner.. From the Proactive Investors article - This is the fourth agreement that Volt has signed with a Chinese graphite group since management completed a successful product marketing trip in May 2017.