We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
African Battery Metals Plc | LSE:ABM | London | Ordinary Share | GB00BYWJZ743 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.55 | 0.50 | 0.60 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
09/8/2018 00:32 | this is effectively a reverse takeover. new directors, new direction, new finance, a listing on the stock market to get access to funding. these fellas know what they are doing, have experience and connections. i have no doubt they will be successful. they now have £200k to blow, but what will they get for their money and how long before money runs out and they need another placing? | excellance | |
08/8/2018 11:19 | Good time to get in with only 136,579,143 shares in issue post consolidation.Bad luck for those hit @ 100/1 | aidenabettin | |
08/8/2018 11:10 | African Battery Metals (ABM LN) 0.3p, Mkt Cap £2.1m – Proposed acquisition of strategic battery metals exploration assets African focused exploration company, African Battery Metals (ABM), proposes the conditional acquisitions of prospective cobalt-nickel assets to bolster exposure to their current exposure to the battery metal commodity suite, including cobalt, lithium, copper and nickel. ABM target two highly synergistic separate acquisitions, while diversifying the geo-political and commodity exposure provides additional re-rating potential for ABM: Cobalt Blue Holdings (CBH) – Four prospective licences in Cameroon, adjacent to one of the largest undeveloped cobalt reserves globally, being the Nkamouna/Mada Cobalt Project. The conditional acquisition will be satisfied by the issue of 31,011,890 Consideration Shares. Regent Resources Interests Corporation (RRIC) – Consideration for the acquisition is to be satisfied by the issue of 32,678,557 Consideration Shares, to secure the irrevocable right to earn into 70% of the Lizetta II chrome, nickel, cobalt exploration licence in Côte d’Ivoire. The existing exploration licence underlying the earn-in agreement requires expenditure of approximately £600,000 prior to 22 December 2018 in order to maintain its good standing plus expenditure to be agreed on the cobalt-nickel extension to the licence. Each of the acquisitions is conditional on passing all resolutions at the General Meeting and on admission to trading on AIM of the share to be issued as consideration. Transaction strengthens the shareholder base with recognised and successful mining professionals with track records of building high-value international resource companies, including Stephen Dattels and Ian Stalker. The company has conditionally raised £200,000 to provide additional working capital for the enlarged group. ABM propose capital reorganisation aims to reduce the number of ordinary shares in issue by a factor of 100:1. Two non-executive directors are to be appointed to the Board, one of whom is expected to be nominated by Regents Resources Capital Corporation. ABM CEO notes “the proposed acquisitions of two highly prospective nickel and cobalt assets in new jurisdictions complement our existing DRC cobalt projects and give us what the ABM board believes to be an extremely exciting portfolio”. S P ANGEL & CO STOCKBROKERS | cpap man | |
08/8/2018 09:35 | Before the EV revolution-The Nkamouna mining project was valued at 615 million USD, or approximately 306 billion FCFA. Reserves are around 121 million tonnes of mineral resources with an average of 0.23% cobalt, 0.65% nickel and 1.35% manganese. Based on a feasibility study completed in 2011, the project should create 800 direct jobs and 400 indirect jobsI wonder what its worth now | aidenabettin | |
08/8/2018 09:31 | Knew a consolidation was coming but surprised by the factor... Do I pull out now and retain at least some of my funds?... Serves me right and very last time I ever buy something cheap in the hope it rebounds (.08p break-even). What's everyone's else's view re near term share price? | rookie666 | |
08/8/2018 09:25 | So a 100 factor consolidation coming, 3p a share then... Think it will slip quickly from there... | rookie666 | |
08/8/2018 09:15 | Zinc and related technologies will be at leadt 5yrs away.Cobalt an Nickel are in vogue.Watch out for a zinc play being added here ;) | aidenabettin | |
08/8/2018 09:08 | Even less exciting Aiden | the deacon | |
08/8/2018 09:07 | hxxps://www.northbay | temmujin | |
08/8/2018 08:53 | the military are using silver/zinc batteries because they are not liable to explode like lithium batteries..there has already been cases of electric vehicles with lithium batteries catching fire or exploding so who will want to insure a vehicle with these?plus zinc/silver are much lighter..probably why jp morgan are stockpiling silver because they know whats coming... | temmujin | |
08/8/2018 08:48 | This is not about DRC.The new deal is for a massive Cobalt/Nickel discovery in Cameroon | aidenabettin | |
08/8/2018 08:27 | Mineralisation is the key, and it's much better quality (and cheaper) in the DRC. Australia extraction costs are much higher. Can't see interest in DRC cobalt going away anytime soon. | the deacon | |
08/8/2018 08:18 | If they had their cobalt asset ready to rock n roll within the near term then this would have been a good move. Most of cobalt in the world currently comes from Africa and so if indeed Australia has plenty of it, then that's the nail in the coffin here me thinks. Battery metals are the future but petrol will dominate for a while longer yet... | rookie666 | |
08/8/2018 08:00 | https://www.bloomber | aidenabettin | |
08/8/2018 07:59 | Agreed. Copper, nickel and possibly manganese are likely to perform better over the longer term with regards battery development | the deacon | |
08/8/2018 07:56 | cobalt was a bad move in my opinion...theyve found plenty in australia recently and most investment will be going there not Congo..should have stuck to gold and iron,besides i cant see the electric car revolution taking off so why the need for so much cobalt? and new battery technology is changing all the time..could be a completely different mineral they will need soon | temmujin | |
08/8/2018 07:29 | They were never satisfied with what they had, and it was obvious acquisitions were forthcoming. Tiny placing, but a probable need to raise a further £600k before year end. Consolidation to go through too. This will probably be worth buying some stage, but not yet.... | the deacon | |
01/8/2018 22:15 | It was such a change of direction to park the gold project and focus on battery metals. My understanding is they don't have the financial resources to develop a gold mine on their own hence why no further talk of 'Bonanza' gold. Re latest licence, Feel like they've jumped on the band wagon by focusing on cobalt. They're in a very difficult position now in terms of raising further capital (given current share price) . That's why I think we're likely to see a consolidation before raising more funds.... Often needed to get price moving again... Happened with THR and ECR to name but two... | rookie666 | |
01/8/2018 05:21 | rookie...yes me too...whatever happened to ferensola? | temmujin | |
01/8/2018 05:21 | rookie...yes me too...whatever happened to ferensola? | temmujin | |
31/7/2018 23:27 | Owning this share amongst a few others keeps my portfolio balanced cos if I'd never got involved with them I'd be stinking rich. | europa79 | |
26/7/2018 21:21 | Would be nice to hear some news re Abm... How long do you all give it before a share consolidation? | rookie666 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions