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ABM African Battery Metals Plc

0.55
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

African Battery Metals Share Discussion Threads

Showing 2101 to 2124 of 2175 messages
Chat Pages: 87  86  85  84  83  82  81  80  79  78  77  76  Older
DateSubjectAuthorDiscuss
18/6/2019
17:44
apfindley: "However, two directors, including Bell and his wife too, hold between them about 12.7% of the shares.
So you're saying he's thick and is intent on diluting himself after he already purchased shares and took part in the recent placing."

Bell has found from RRR and RGM that large investors can threaten his position running these personal enrichment gravy trains. He HAS to hold significant shares in order that others don't usurp him. So I personally am not the least bit fooled into thinking he is "investing" here. For me it is just a necessity to prevent large holders cutting in.

Any money he expends in doing so will imho be balanced by the preposterous amounts of cash he takes out of his companies for Admin and other expenses and for lucrative salaries.

The amounts of cash expended on Admin and other expenses at RRR are simply sick.

Between 2012 and 2017 he managed to expend over £11m on such expenses. In the same period he raised over £15m by diluting shareholders to oblivion. It is simply sick imho.

The same business model was used at RGM which various board posters are suggesting is now close to delisting.

In short the man has form. Mass dilution, £millions raised, £millions expended on Admin and other expenses, a long list of failed projects and share price devastation. Ramp, ramp, dilute, rinse, repeat, ad infinitum.

Expecting anything to be different here is frankly insanity imho.


VULPES PILUM MUTAT, NON MORES

torp
18/6/2019
09:11
But they are all truly great.
kemche
18/6/2019
08:51
ABM have a steady anchor at home in PJ as AB flits around Africa. Something that is sadly missing at Red Rock where assets and prospects are higher than ABM at present - he's needed over there. Mind you, RRR are short of cash after the disaster at Steelmin.
noirua
17/6/2019
20:22
I agree with you on those companies.However, two directors, including Bell and his wife too, hold between them about 12.7% of the shares.So you're saying he's thick and is intent on diluting himself after he already purchased shares and took part in the recent placing.The company has cash right now. I cant see any dilution for a while yet. Even when a directors interests are aligned with shareholders, some people still arent happy.
apfindley
17/6/2019
15:51
But not quite as ridiculous though as your endless ramping of Bell companies!

Bell's MO is well established at RRR and RGM where the SP's have been utterly devastated by dilution. I wouldn't personally expect anything different here.

DYOR

torp
17/6/2019
13:05
The real market spread is ridiculous in the range 15% to 25%.
noirua
15/6/2019
19:59
All £7k of support!

Ettie, when will you raise again?

kemche
15/6/2019
15:12
I wasnt aware it's being pumped. The board seems fairly quiet.Could you point me towards the pumping you refer to.
apfindley
15/6/2019
11:14
A good week with directors showcasing their support and now trading above the price at which the company was refinanced.
atinos auntie ettie
15/6/2019
11:05
Maybe you should try being more vocal about the manipulation by the string pullers rather than the puppets..Its always the puppets who are blamed with lenigas,Dattels and Stalker et al getting off Scot free.The puppets are rewarded for taking the flak but cant be blamed for their actions as they have no control over the string pullers..Every resource stock on the market especially if being run through london will have the same small number of string pullers working multiple puppets and its going to explode now that Brexit is close and massive amounts of offshore loot has to be moved
aidenabettin
14/6/2019
22:08
lol at the lame pumpers here

Bell is just a lifestyle AIM CEO imho.

He will dilute shareholders imho as night follows day to pay for salaries and expenses. He has destroyed the SPs of both RRR and RGM. Track record is well established. I'm not fooled one iota by the lackeys pumping this. DYOR.

torp
14/6/2019
09:56
I think you can write of Cameroon in the short term..hTTps://www.theglobeandmail.com/canada/article-canada-must-bolster-international-efforts-to-avert-human-rights/.Another Mali,Sudan or Rwanda.10/10 to Rwanda for turning it around
aidenabettin
14/6/2019
09:48
Has a deal been done in cameroon to avoid conflict between french and english speakers?
aidenabettin
14/6/2019
09:47
Come come now Noirua - you know exactly what they are worth. No need to suddenly turn coy!
kemche
14/6/2019
09:33
A test now with the bid at the issue price of 0.5p or paying a tad over. Should remain a fun stock and I've honestly no idea what they are worth but will stay on board.
noirua
13/6/2019
23:44
Excellent, now I feel no longer anomalous and can sleep well knowing everything is in hand. Success here will indeed be huge.
noirua
13/6/2019
17:11
This is going to be HUGE. So many anomalies!
A very slight risk but who would bet against a board with so many successes under their belt?

kemche
13/6/2019
16:58
If the project is a "dramatic discovery" as Paul Johnson said in the VNS video, then such a discovery will become known to the wider community.

So, things can change quickly if a large discovery is made.

Hence, these days, no one post research on the other forum. Everyone has seen the endless debates and .... on some of the forums.

So, we are always on the look out for potential which has to be confirmed by the drill or not. This is applicable to ALL junior exploration stocks with the attendant RISKS of early stage exploration.

DYOR.

jlondon
13/6/2019
16:45
P. Johnson tweeted today:
"ABM Kisinka Project - 7km COPPER ANOMALY identified." [7 June 2019]

"-Further analysis and review of the copper and cobalt results from samples will continue over the next week and the company will release detailed RESULTS soon after the conclusion of that work."



and the above can be seen on Paul Johnson*s tweet of today, Thur 13 June 2019 via

My comment:
On the other ABM forum, they are asking what was the reason for the ABM share price to go up since there is no news.

Perhaps, they have not read the recent interim RNS which I quoted nor did they read the RNS relating to the 7km anomaly RNS which is also recent. I note one post in recent days talking about old management of Sula and perhaps they are not aware that the a/c*s etc have since been cleaned up and new directors are in place.
They also think that A.B is the CEO of ABM which is not the case either.

These days, no one goes to the other forum to post. People are buying the stock/s and posting means endless debates rather than facts.

I meant to buy a few more ABM shares as I had an odd number. However, due to the share purchases of the 2 directors and his wife, I have had to pay more for my very tiny top-up.

So, it is obvious that seasoned junior mining investors look for the rather more substantive ANOMALY which in this case is potentially 7km.

An anomaly is NOT closelogy nor is it total land size.

An anomaly is subject to further geo physics etc and there will be a need at some time to do test drills, usually a few holes to be tested.

DYOR. Please check as there can be copying errors.

Thur 13 June 2019
As apfindley said in his above post, it is the small mkt cap of ABM that is of interest to some of us looking for potential vs mkt cap = risk vs reward.

jlondon
13/6/2019
16:04
Well I'd be encouraged by the director buys and his wifes buys too in the past few days.This company has a lot of assets to explore and a lot of investments in other company assets.
apfindley
13/6/2019
15:52
Reasonable trading today and good to be back in profit again on paper. I'm a doubtful bull at the moment as we are moving today on hot air but maybe something good will arrive in doubtful disbelieving markets.
No doubt kemche will raise spirits in the full D.W. brand.

noirua
13/6/2019
15:27
Looking good here and tiny market cap.
apfindley
13/6/2019
13:43
Maybe they will find a 'Nugget'
aidenabettin
13/6/2019
13:41
S & P Global Intelligence has issued a new report into resources.
It is usually via subscription. However, ECR has provided it free to read.


dated today, June 13, 2019 via ECR tweet.


Comment:
Like most of the resources, the next resources may come from places outside Australia etc. Those outside Tier 1 jurisdictions have had capital raising difficulties etc per the article-please check.

If one is like Soros who has US$120m a throw to put into Barrick Gold, then of course that would be good.

However, for others, one has few junior explorers to chose from who are exploring potential major discoveries or who are looking for fairly major discoveries in Tier 1 jurisdictions.

So, hence why I have put in very, very little money into ABM and I hope they may find a fairly major discovery, if they can find a fairly large anomaly which has to be drilled to determine an early potential resource & confirmed as such? That is the hope when one buys into ANY early small explorer?

As I said, I can afford to lose the little I have put in if anything goes awry etc.
I am interested in potentially copper here NOT nugget.

J.London
13 June 2019
I have done little research into ABM except for Boswana which I am a bit more knowlegeable about from reading MOD, Metal Tiger etc.

DYOR.

jlondon
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