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ABM African Battery Metals Plc

0.55
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
African Battery Metals Plc ABM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.55 01:00:00
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0.55
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African Battery Metals ABM Dividends History

No dividends issued between 16 Apr 2014 and 16 Apr 2024

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Top Posts
Posted at 25/6/2019 09:32 by jlondon
BOSWANA M & A
This morning, Sandfire made a £74m mark bid for MOD Resources, listed on the ASX and London Stock Exchange AIM. A few short months ago, Sandfire made a bid for MOD but it was rejected.

In tandem, Metal Tiger also has gone up and in today*s top risers. See London South East top risers icon. Metal Tiger - both Sprotts and Rick Rule [personal capacity] of Sprotts have a stake in Metal Tiger. Metal Tiger has a JV with MOD and from the Proactive Investors UK article this morning, it is said their £7m stake will return some £23m. Metal Tiger will be taking Sandfire shares and will own some 3.5% from recall. Please check for any copying errors. People will remember Paul Johnson as a director of Metal Tiger.

Both MOD & Metal Tiger are in Boswana for copper.

On Twitter, the MOD takeover is making the news relating to Copper M & A.
So, Boswana is on the map. BOSWANA IS IN THE NEWS.

Paul Johnson is now running African Battery, now renamed POW.
Again, on his Twitter handle, he has highlight the 7km anomaly in Boswana that the co is interested in with the co named.

Share_Talk: "Hunting for ELEPHANT scale deposits: Paul Johnson on ABM*s push into BOSWANA." [a few tweets down from the top of Mr Johnson*s Twitter] This is a report.

Paul Johnson also mentions Metal Tiger, MOD and ABM or POW in Southern Boswana & the Sandfire takeover on

DYOR. Please check for typo errors etc.

J.London
Tues, 25 June 2019
Posted at 18/6/2019 09:51 by noirua
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.
Posted at 13/6/2019 17:45 by jlondon
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.
Posted at 13/6/2019 13:50 by jlondon
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.
Posted at 13/6/2019 13:39 by jlondon
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.
Posted at 13/6/2019 13:03 by jlondon
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
Posted at 12/6/2019 23:02 by apfindley
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
Posted at 17/3/2019 11:58 by noirua
ABM - HITTING THE GROUND RUNNING - BELTING ALONG

11 March 2018 - African Battery Metals PLC Kisinka Copper-Cobalt Project Update


-- ABM is to proceed with the Kisinka Copper-Cobalt project (permis de recherches PR 12728) and is currently liaising with its geological team to prepare the next stage exploration programme;

-- Utilising previous exploration data, modifications to the original exploration programme have been identified to optimise project expenditure;

-- ABM holds a 70% interest and the vendor 30%, ABM remaining the operator of the Project;

ABM is continuing to review all the Company's existing projects and will report back individually with regard to each project over the coming weeks.

In parallel we continue to review additional opportunities where we see potential for considerable value to be added to our business for shareholders.
Posted at 15/11/2018 10:51 by cpap man
African Battery Metals* (ABM LN) 2.2p, Mkt Cap £2.9m – update on exploration activities

African Battery Metals (“ABM”) commenced exploration work on their Cameroon licences, acquired as part of the purchase of Cobalt Blue Holdings Ltd, which are close to and in part contingous with the Nkamouna cobalt-nickel-manganese project historically owned by Geovic Mining Corp.

Geovic conducted an extensive exploration programme over several years, identifying seven plateaus in the region where cobalt and nickel mineralisation was recorded and have become analogous for ongoing ABM exploration. Focusing on Nkamouna and Mada plateaus, Geovic discovered cobalt and nickel mineralisation between 5-20m depth in the deeply weathered profile or laterite that overlays ultramafic intrusions which represent the source of the metal.

Laterites are frequently sources of cobalt and nickel mineralisation in equatorial regions of the world, including SE Asia, Australia and Latin America as well as Africa. Over time, this laterite profile has been eroded away by the rivers with transect the area and is only preserved in a series of plateaus between the rivers.
Nkamouna hosts one of the world’s largest undeveloped cobalt resources outside the DRC, with the final NI 43-101 compliant Mineral Resource declared totalling 323.2Mt @ 0.21% cobalt, 0.63% nickel and 1.36% manganese. Subsequent Technical Report work completed by SRK in June 2011 determined an Ore Reserve of 54.7Mt @ 0.25% cobalt, 0.69 nickel and 1.33% manganese.

Utilising Geovic evidence, ABM exploration programme focused on topographic and geophysical data to identify mineralised targets. Aeromagnetic data provided rapid coincident anomalies associated with highly magnetic ultramafic rocks which signal the presence of a series of intrusions. Areas where topographic highs coincide with aeromagnetic highs also provide the strongest likelihood of preservation of cobalt-nickel mineralisation.

On the ABM Cameroon Licences, it is evident that the northern end of Ngoila North (which is a continuation of the Messea cobalt-nickel block), and much of Ekok and Ntam East all have elevated areas which coincide with aeromagnetic anomalies. These areas will become the focus of ABM’s anticipated next stage of exploration.

Given that mineralisation at Nkamouna is found from around 5m to 22m in depth, ABM will need to devise an exploration approach which involves either deep pitting or use of a man-portable auger. The company hosted a team of Sahara geologists in July 2018 to assess the work necessary for a systematic exploration programme focused on the targets identified by the topographic and aeromagnetic data.

Disappointing results from ABM’s auger programme of two transects across the Kisinka licence in DRC follow changes in the Mining Code and administrative delays. Cobalt grades of 0.002% to 0.021% and copper of up to 0.058% appear unrepresentative of Roan rocks which host most of DRC’s cobalt, especially considering seven producing cobalt and copper mines within 30km of the licence.

The results do not invalidate Kisinka as an exploration target, but further work will be assessed in the context of the opportunities ABM management sees in its projects in Ivory Coast and Cameroon.

Conclusion: Analogous geophysical and topographic anomalies are positive for the discovery of consistent cobalt-nickel-manganese mineralisation within the vicinity of one of the world’s largest undeveloped cobalt resource, Nkamouna. The work gives clarity for the subsequent auger exploration programme and we look forward to the first results.

*SP Angel act as broker to African Battery Metals
Posted at 14/11/2018 07:28 by cpap man
African Battery Metals plc / EPIC: ABM / Market: AIM

14 November 2018

African Battery Metals plc ("ABM" or the "Company")

Update on Exploration Activities



African Battery Metals plc, the AIM listed African focused exploration company developing projects in strategic battery metals, is pleased to provide an update on its exploration activities in Cameroon and the Democratic Republic of Congo, (the "DRC").



Overview







Commenced exploration work on the licences in Cameroon acquired as part of the purchase of Cobalt Blue Holdings Ltd (see release of 8th August 2018), ("ABM's Cameroon Licences" or "Cobalt Blue Permits" in figures 1, 2 & 3)), which are close to and in part contiguous with the Nkamouna cobalt-nickel-manganese project1 which was historically majority owned by Geovic Mining Corporation ("Geovic"). Nkamouna hosts one of the world's largest undeveloped cobalt resource outside the DRC2:







ABM has acquired key geophysical data, which helps identify the source of cobalt-nickel mineralisation observed in the region of the ABM Cameroon Licences;





Commissioned desk top report and site visit to AMB Cameroon Licences by Sahara Natural Resources Ltd ("Sahara"), a highly qualified independent group specialist in African exploration; and





Identified a series of targets on ABM's Cameroon Licences for follow-up work, which exhibit the same geological signature displayed by the cobalt-nickel licences historically held by Geovic.







Received assay results from the auger programme on ABM's part owned Kisinka licence in the DRC, which provide minimal evidence of cobalt or copper mineralisation.



References to figures relate to the version visible in PDF format by clicking the link below:







ABM CEO, Roger Murphy, said,

"I am very excited by the opportunity we have acquired in Cameroon. We know from Geovic's past exploration work at Nkamouna, that this area hosts one of the world's largest non-DRC cobalt resources2, and that we are in 'elephant country' for cobalt and nickel. We believe we understand why the mineralisation is where it is in the licences historically held by Geovic and, as the charts in this release show, we have similar areas within ABM's Cameroon Licences. I look forward to implementing an exploration programme, which I believe should confirm the presence of cobalt and nickel on ABM's Cameroon Licences.



At the same time, I'm disappointed that our work so far on Kisinka in the DRC has not yet provided significant evidence of cobalt or copper mineralisation. However, Kisinka is a large licence area in the right area on mapped Roan geology, with large copper-cobalt mines nearby. Our work to date has only covered a small fraction of the licence so we therefore cannot rule anything out yet. We will assess our next steps on Kisinka relative to those for our licences in Ivory Coast and Cameroon."

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