African Battery Metals Share Discussion Threads

[aidenabettin] 13/6/2019 14:19

Very interesting rumblings at TSI.Could be a busy few days before the share swap gets the nod

[aidenabettin] 13/6/2019 13:55

IPO or RTO.hTTps://beta.companieshouse.gov.uk/company/11792154/filing-history

[aidenabettin] 13/6/2019 13:53

hTTps://www.kalaharikey.co.uk/Mainpage.php

[jlondon] 13/6/2019 13:50

As far as I am aware, ABM is akin an EARLY exploration co. If one is interested in Boswana copper, there is another co that is waiting for assays and the mkt cap is around £6m+.

ACRM is also going to drill a large anomaly and the mkt cap is some £17m.

I think, it is about mkt cap and the stage each co is at.

So, from the mkt cap of ABM, one can tell it is early stage.

My word, one should go back to the days of Solgold and the things posted on the other forum. It is par for the course to concentrate on x, y, or z instead of what the market will be looking at ie MAJOR OR NO MAJOR DISCOVERY.

As yet, ABM has NOT drilled. Same as Solgold - prior to even the 1st drill at Cascabel, the mkt cap was £8m. I am not saying this is going to be another Solgold as there appears to be NO district scale anaomaly?

I only mentioned the said 7km anomaly that I am personally interested in. No one can tell until the initial drills are done.

J.London
13 June 2019
See my earlier post - ALL stocks carry RISKS.

[noirua] 13/6/2019 13:40

I'm not sure ABM has anything they can sell at present and quite a lot to expend as we travel down the Recovery Line. It needs quite a big flip of an asset or interest to build cash reserves strongly into 7 figures. It would be most unfortunate if the directors and RRR diluted themselves like an accidental Brexit.

We are still in difficult mining exploration times and it needs a very good find for a good pay day. Then on top of that even SOLGOLD seem to have hit the buffers even if not too hard in Ecuador.

[jlondon] 13/6/2019 13:39

ABM Metals
Link: hxxps://www.abmplc.com/p/160/the-board

PAUL JOHNSON - Quoted from the website
"Paul Johnson....details of qualifications...CHARTERED ACCOUNTANT, Chartered Loss Adjustor and Associate of the Chartered Insurance Institute."

"Paul Johnson is an experienced public co director and has previously been Chief Executive of METAL TIGER, Metal NRG & China Africa Resources.

He has been CHAIRMAN of ECR Minerals and Non-Executive Director of GREATLAND GOLD."

My Comment:
I came to know about Paul Johnson at Greatland Gold due to the TR1 Holdings RNS erc.
I also viewed the video on Proactive Investors via P.Johnson interview etc. Paul Johnson appointed Gervaise Heddle, the new CEO of GGP and G.Heddle has taken GGP to Havieron. As a result Newcrest has JV*ed with Greatland Gold to the tune of some $60m. GGP*s share price [not intra high] and mkt cap is currently around £50million.

As for Metal Tiger, that has been a success at Boswana and SPROTTS has invested in these shares. Last I checked some time ago, the mkt cap was around £17m+.

Its all on PUBLIC OPEN FILE.

I have stated the facts and this is from the interims and the above c.v of P. Johnson is also fact relating to the success of Greatland Gold.

My opinion: You pay your money, you take your chance. If you want to buy into Boswana copper, there is MOD which has a much higher mkt cap than Metal Tiger. Today, they have a broker note out. Last time, I checked the price was around the 17p range.

So, I like to get in at the early platform and invest a small sum. Surely, that cant be wrong given the small mkt cap of £1.73m.

Yeah, if one has millions in the bank in cash and considered wealthy ie must have £20m in LIQUID assets eg cash, then why not go for the top miners in the world ie majors. There again, they are also subjected to mining cycles and they have just come out of repairing their balance sheets.

I notice that on every stock,there is adverse comments about x, y and z. End of the day, only facts matter and whether there is a MAJOR DISCOVERY OR NOT. Early days and no one knows yet. As P.Johnson said in the video I just posted, one can keep the cash or one can invest into projects.

J.London
Thur 13 June 2019
DYOR. Facts are all in the Regulatory News Service [RNS] and interims [latest as quoted]. Shares can go up or down. All stocks have risks eg GE etc.

I do not invest in every P.Johnson co - I pick and chose. For this reason, I have very little invested in ABM.

I am well aware that I can lose EVERYTHING in ABM or any other stock. If one does not want risk, then better to keep one*s money. Otherwise, there is always risk in ALL stocks. I dont need to mention all the household stocks that are NOT on AIM but on FTSE etc and even the upper quartile.

[aidenabettin] 13/6/2019 13:19

5 minutes of research into these guys would be classed as 'character assassination'

[aidenabettin] 13/6/2019 13:16

You cant be serious!!!!!

[kemche] 13/6/2019 13:09

jlondon, Check also the Chaiman - one Andrew Bell. A highly respected, honest, capable and honourable operator also in charge of RGM and RRR - two other undiscovered gems.

The board here is as honest as the day is long.

So I am led to believe by the cheerleader here.

[jlondon] 13/6/2019 13:03

A NEW VIDEO FROM ABM
Link: 3 hrs ago, Thur 13 June 2019 with the caption: " Why should investors consider ABM. 2 director purchases yesterday to increase to 3.03% & 4.75% of ABM capital respectively."

Comment:
I had a listen and Paul Johnson said that they have £1m in the bank. He mentioned the few countries the co is in. He also said that ANY DRAMATIC DISCOVERY could change the ...[para phrased].

Paul Johnson*s purchase of ABM shares yesterday is via Value Generation Ltd as per the TR1 notice. Today, it is Michelle Johnson that is buying. From my observation, Value Generation has been recently used. In the past, it is usually Paul & Michelle Johnson who purchase shares. From a glance at Value Generation, it is in the name of Paul and two more Johnsons. It could be P.Johnson*s other children since he has 7 from his Twitter timeline. So that*s nice.

From what I have read of the latest RNS [please check] the "Net Assets are £3m for the {period end 30 Sep 2018: £2m}."[RNS 11 June 2019 Interim Results]

ABM*s mkt cap £1.73m, Shares in Issue363.04m & normal mkt size 75,000.

Comment:
I am here for the 7 June 2019 ABM RNS: "Kisinka Project - 7km Copper Anomaly" and also that Paul Johnson is in charge. He is an accountant by profession and in my view someone who is conversant with numbers. I have not checked everything yet.
However, the share price has run away a bit and no wonder as there has been buying from the 2 directors and today, P.J*s wife has bought in her own name.

DYOR.
J. London
Thur 13 June 2019

[kemche] 13/6/2019 11:46

Another 3 grand from the wife! Boom!

[aidenabettin] 13/6/2019 11:45

Will TSI offload its 22% KKME HOLDING into ABM?

[kemche] 13/6/2019 11:39

4 grand! Boom!

[kemche] 13/6/2019 11:38

Then these will fly I tells ya!

[aidenabettin] 13/6/2019 11:32

Have you seen the very large hidden TSI buys when they drop the price. More action before Monday imo

[noirua] 13/6/2019 11:19

I'm still holding some shares though my thoughts remain the same after the three buys directly and one indirectly in ABM by directors. The position is the same except MMs appear to have been caught short of stock. At some stage the stale sellers in the wings will have all departed.

[kemche] 13/6/2019 02:05

Massive vote of confidence with a fat £4,350 committed. Boom!

[apfindley] 12/6/2019 23:02

On 8 August 2018 TSI conditionally sold its 49% share capital interest in Cobalt Blue Holdings Inc ("CBH") for a c11.26% interest in AIM quoted African Battery Metals plc ("ABM")-- Continued exposure to future development of CBH's highly prospective cobalt licences in Cameroon-- TSI gains exposure to ABM's growing portfolio of technology metals licences which includes: o cobalt assets in the Democratic Republic of Congoo Lizetta II chrome, nickel, cobalt exploration licence in Côte d' Ivoire via its acquisition of Regent Resources Interests Corp. ("RRIC")-- Provides exposure to ABM's strengthened Board and shareholder base which will include leading industry professionals Stephen Dattels and Ian Stalker from RRIC, who have a track record of building high value resource companies

[apfindley] 12/6/2019 22:57

This is closely tied to TSI too, so hoping for a rise there too .

[bill hickman] 12/6/2019 15:01

The share price could easily double, follow the money.

[bill hickman] 12/6/2019 14:59

Market catching on. The man at the top knows the company is undervalued and under the radar but the market will catch on.

[kemche] 12/6/2019 13:35

No one lays out £4,350 willy nilly. That's some proper commitment right there. Watch these fly now.

When is the fundraising?

[bill hickman] 12/6/2019 13:28

Paul Johnson adding to his holding talking with his money.

Director dealing

African Battery Metals plc, the AIM listed battery metal exploration and development company, was today notified that Value Generation Limited, a company beneficially owned by Executive Director, Paul Johnson, has purchased 1,000,000 ordinary shares of 0.1 pence each in the Company ("Shares") at a price of 0.435 pence per Share.

Following this purchase, Mr Johnson has a beneficial interest in a total of 17,250,000 Shares, representing approximately 4.75% of the issued share capital of the Company.

[torp] 11/6/2019 14:46

Same old Andrew Bell supporters pumping Bell comapnies. Shameful to see.

What has gone before here is now irrelevant.

The problem now imho is that Bell is the CEO and his modus operandum is and always will be to dilute existing shareholders to oblivion to raise cash to pay for salaries and preposterous levels of Admin and other expenses.

Bell has done this with RRR (Red Rock Resources) and with RGM (Regency Mines) and in doing do has utterly destroyed all value in the share price. When the SPs of the company were destroyed down to the nominal share price of 0.1p they simply issued an RNS stating they had changed the nominal share price to 0.01p. Thereby the dilution could continue unabated. Bell also did share consolidations with both companies.

At Red Rock Bell raised over £15m between 2012 and 2017 via dilutive placings, destroying the share price in the process. He also expended over £11m in that same period on Admin and other expenses. That's where the money goes.

This track record is there for all to see in the RRR and RGM RNSs and in the long term (7yrs +) charts.

With Bell at the helm here I can see no reason why anything would be different.

This will suffer the same MO imho, simply dilution after dilution.

The same bunch of toe rags will pump the share mercilessly on these boards as they do with RRR and RGM. They only ever provide 1/2 the info and deliberately leave out all the salient bits. Hence be sure to DYOR.