African Battery Metals Share Discussion Threads

[torp] 22/2/2019 16:34

Noirua, you forgot to tell us how many of the 200,000,000 ABM placing shares you subscribed for? I guess not many.

[torp] 22/2/2019 16:31

lol Noirua

An upside predicated on the outrageous claims by a certain person that El Limon would be producing at 400tpd was it not? Or do I not remember that correctly?

You must be getting paid fairly well to put this much effort into pumping Bell companies. There must be better work to be had TBH.

[noirua] 22/2/2019 16:01

ABM I see as a merry punt. Fair comment most negativity but remember AB has scored before and this just might be the one again. Not an investment at this stage just a gamble. The chart of RRR nobly presented by Torp shows the downside. Yes indeed, but there was a big upside before that.

[volsung] 22/2/2019 15:43

I have decided not to put my life savings in this company. I will maybe buy a few on Monday but not very many

[torp] 22/2/2019 14:12

Noirua BS: "ABM, just the ticket for a small wee punt. Just consider it as a bit of fun."

LMAO

So how many of the 200,000,000 placing shares did you subscribe for??

There's little fun to be had in an Andrew Bell share imho. He prints shares like confetti and the share price gets devastated along the way. RRR and RGM cases in point.
How long before the next issue. . .?

Trade list is all Sells today and all under the 0.5p placing price. Guess they are getting out before the share price drops further.

Not looking good imho.

[noirua] 22/2/2019 12:53

ABM, just the ticket for a small wee punt. Just consider it as a bit of fun. The chart shows 22p as an eventual stopping point. Not very likely at all but Sirius Resources ASX:SIR rose from 7c to over $5.00 in 2012, so you never know to be sure.

[torp] 22/2/2019 09:01

bori5: "This isn't panning out. Probably worth staying in now as how much lower can it go? "

Sounds like desperation imho. As the charts for both RRR and RGM show, the share price can always just keep falling. Issuing 200,000,000 shares when there were only 136m in issue is not something that would surprise RRR/RGM holders imho, issuing shares is what Mr Bell is highly reknowned for.

There are sells today under the placing price. 0.45p for example. Doesn't look good. Are they hoping to shift the lion's share of those 200m shares onto mugpunters? Who knows? Just can't see it personally. Experience tells me the usual bunch of amateur ramping aliases will soon arrive to try and pump this.

[the deacon] 21/2/2019 20:13

Ffs, it's only been back in play a few hours!

[torp] 21/2/2019 19:09

lol @ volsung

" Is this a good place to put my life savings? TIA"

This is what Bell has done to RRR

RRR Historical Chart:




and this is what Bell has done to RGM


RGM Historical Chart:




ABM began over 50% down on first day of trading since the suspension and was top of the LSE Share Fallers board.

Today ABM is 5th from the top of the Share Fallers board.

And the answer to your question . . . .

Well, if you need to ask at all then you haven't done your research.

So I strongly suggest you DYOR and do it well.

[volsung] 21/2/2019 17:23

Cheers Noirua

[noirua] 21/2/2019 17:17

volsung, only put up to 1% into a single micro-cap mining explorer. If you do this you wont become very distressed at any stage with your high risk investment. My investment in ABM is 0.3%.

[seagullsslimjim] 21/2/2019 17:01

Ask Noirua ;)

[volsung] 21/2/2019 16:51

I am 78. Is this a good place to put my life savings? TIA

[noirua] 21/2/2019 16:35

ABM once stood at £6.80 a share. 100,000 shares at 0.4875p = £487.50 - 100,000 shares at £5.80 = £680,000.
ABM remains what was once nearing a midcap miner. Much if not just some of the trappings remain.

[noirua] 21/2/2019 15:52

Seems to be shares there still at 0.4875p.

[the deacon] 21/2/2019 13:47

Won't take much to shift this. It'll fly on some bullish news from PJ. In around placing price it'll be like a coiled spring, and an easy multibagger from here.

[noirua] 21/2/2019 11:44

Buying at or under 0.5p looks to be not a bad punt on PJ and AB getting value out of ABM's bucket full of assets. Expect to see tie-ins with Red Rock and Regency.

[aidenabettin] 21/2/2019 10:44

What a lovely thought though..Are you the PR man for lenigas,dattels and stalker?

[johncasey] 21/2/2019 09:57

ok i was only a million out...doont shoot the messenger

[the deacon] 21/2/2019 09:55

It's an easy bagger on some decent PJ rampy news

[alexios1201] 21/2/2019 09:55

Check the cash level with the BOD