Alexander Mining Share Discussion Threads

[snowman100] 04/10/2018 12:47

Mega!
Look at the posts on LSE!

[pugugly] 03/10/2018 10:06

Oh what a lubberly P&D Sorry for all who got caught - share price and rns history should have given plenty of warning - A Dell boy stock (imo)

[firw00d] 02/10/2018 22:50

I cannot believe this racket is still going on, what a gyp this is....

[temelco] 02/10/2018 20:06

Around 20% of the Shares traded (10%+ each way)today
MMs of course have to push price down after a rise to get stock back in

[babbler] 02/10/2018 14:15

And back down...

[tomboyb] 02/10/2018 13:34

up 40% -
Different to previous RNSs -

This one has inv / traders show more interest -

[temelco] 02/10/2018 12:39

Love it - long overdue

[tomboyb] 02/10/2018 11:57

TIDMAXM

RNS Number : 7090C

Alexander Mining PLC

02 October 2018

2 October 2018

Alexander Mining plc

("Alexander" or the "Company")

Major Progress by Proses for Establishing a Zinc Processing Plant in Turkey

-- Suitable site for zinc plant agreed with owners
-- Treatment flexibility for material sourced at site and from miners in the historic Kayseri zinc district

-- Working on the plant engineering design, ore reserve delineation and completing an environmental impact assessment study

Alexander is pleased to announce that further to the announcement on 21 February 2018 regarding a commercial and technical partnership agreement ("Agreement") with Proses Mühendislik, Danı manlık, İn aat ve Tasarım AS. ("Proses"), major progress has been made by Proses for establishing a zinc plant in Turkey.

Under the Agreement, Proses has been investigating and progressing plans in Turkey for the establishment of a semi industrial scale processing plant ("SISP") using Alexander's patented AmmLeach(R) technology for processing lower grade oxide zinc ores. Proses has now entered into a formal royalty agreement with Osmanlı Madencilik Ltd ("Osmanlı") of Turkey. Osmanlı will receive a percentage of product from the SISP and from ore produced by Proses at the Osmanlı Mining Licence Area as a royalty.

Under this agreement with Osmanlı and subject to environmental impact studies, permitting and Proses securing the necessary funding, the plan is to extract zinc oxide ore from the licence area and to process the ore in a SISP facility to be established on site. Proses will also proactively seek to receive or purchase zinc oxide ores from other miners in the region for treatment at this plant.

Martin Rosser, CEO, said: "We are delighted with the excellent news and swift progress made by our partners Proses and greatly appreciate their hard work and efforts to reach this exciting milestone. We very much look forward to working together on the next stages."

Alexander would receive a gross sales revenue royalty on the value of the SISP product produced using its technology. Subject to the results of the SISP, Alexander would negotiate with the project owners a technology licence agreement ("TLA"). The TLA would be on Alexander's standard commercial terms and should include a gross sales revenue royalty on all commercial scale metal or high value-added processing plant product.

The Osmanlı mining licence covers an area of nearly 1,000 hectares and is conveniently located in Yahyalı township, in Kayseri Province, Central Anatolia, some 60km south of the major city of Kayseri. The district is notably rich in zinc (and lead) mineralisation and there is current as well as significant historic mining activity. The SISP facility is expected to treat about 100,000 tonnes per annum of oxide zinc ores with a grade of around 5 per cent. zinc, with a final product of electrolytic zinc metal.

Up until now, lower grade oxide ores with less than 10 per cent. zinc content have been uneconomic to treat but using AmmLeach(R), it should be possible to economically treat ores with a zinc grade as low as 5 per cent.

Proses has now commenced work on the engineering design for the SISP facility, ore reserve delineation at the licence area, completing an environmental impact assessment study and obtaining the necessary environmental and legal permits. The expected time for this to be completed before SISP construction could start is approximately twelve months.

For further information, please contact:


Martin Rosser
Chief Executive
Mobile: [phone]
Alexander Mining plc
Tel: [phone]
Email: [e-mail]
Website: www.alexandermining.com

Northland Capital Partners Limited
Matthew Johnson / Dugald J Carlean
(Corporate Finance)
Isabella Pierre (Corporate Broking)
Tel: [phone]

Turner Pope Investments (TPI)
Ltd
Andy Thacker
Tel: [phone]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

[hmv001] 29/9/2018 10:11

the deal with DSR is expanding to Namibia. "An exciting separate opportunity being discussed is to test the potential amenability of Alexander's suite of technologies for DSR's other project, the HIAB copper project in Namibia. "

All R & D projects are live and progressing. Results are being awaited ,almost imminent, on lithium and vanadium.


First revenues in 2020 but could be sooner if any commercial initiatives come to fruition due to "aggressive pursuit" by the company.

Placing is very much a possibility but at much higher price. Suggest that all read the BOD statement.

[sleveen] 28/9/2018 19:04

The cash flow forecasts prepared by the directors indicate that the Company should be able to cover its operating costs for a twelve months period, however the minimal headroom in the forecast together with the uncertainty surrounding the Group's ability to generate positive operating cash flows indicates a significant risk relating to going concern. It is currently anticipated that further funding will be required in the next twelve months.


(Yet another) placing soon boys!

[cesaro100] 21/9/2018 08:05

The deal with Deep South is almost done. Many more in pipeline.

AXM's processing technology is unique, a multinational like RIO Tinto or BHP might also be interested in a company like AXM, with Mining Plants all over the world.

They could get lower their mining costs massively and pay AXM a healthy royalty on mine output using Ammleach,hyperleach.

Just as the small projects will do, 10 projects would give $100m or thereabouts.

A BHP deal would yield $500m pa.

Point being, Glencore own their own IP processing tech, so this leaves the other multi nats in dire need of increasing profits as they deplete their resources.

AXM should be trading at £100m on just the IP and potential.
I believe it will soon awaken

Cesaro

[temelco] 20/9/2018 17:13

Very full info from Deep South. Sivas clearly on track as outlined at the AGM

[snowman100] 20/9/2018 15:34

Hello new thread!....be nice to us!!

[nixalas] 17/9/2018 17:16

Pretty elaborate trick!!

[snowman100] 17/9/2018 16:44

Dan
May I suggest that if in your opinion axm are screwing us over that you sell up and go and invest somewhere else....simples!

[daniel levi bmd] 17/9/2018 08:29

FYI

Angus Energy, Bergen, Liargas & The Dirty Tricks That Fooled ShareProphets! Placing Ahoy!

Dan
x

[kiwimonk] 10/9/2018 09:08

Strong start to the week.

[kiwimonk] 09/9/2018 16:58

Nice analysis Cesaro.

With one or two vanadium mines in OZ using them, one confirmed, and DSR shortly.

Their time has come, from a standing start to this in a year moreorless, with Lithium Technology for Lithium Projects around the world, no reason why they can't pull in a good $100m profit a year looking two years out.
PLUS the licence fees which all will flow to the bottom line.
£10m profit for 2019
Then royalties of 2.5% from DSR and Multicom, plus say 5 lithium mines. you could well say, this is looking 50 times too cheap.
KM

[cesaro100] 07/9/2018 13:10

LIT in Australia are concentrated on one metal, Lithium.
$50m mk cap.
Read all about it here:

[...]

Now have a think about AXM.

Not only do we have our own propriatry Lithium Processing Technology.
We also have Patents over: Cobalt, Nickel, Copper, Zinc, Vanadium.

AXM are not a one metal tech company, but a complete solution to Mining across the board and across the planet.

The IP is locked down and covers every continent on earth.

Lithium, Nickel, Cobalt, Copper.
Lithium alone is worth $78 Billion per annum.

£1.9m mk cap AXM.

Unique and severely undervalued.

Take a look around, see much competition?
Zero.

What price for AXM in a couple of years with several mines up and running and giving 2.5% royalties of $10m per annum.
$70m profit, flow to bottom line. 90% pure profit.
That's conservative

30 Mines, bear in mind that AXM can introduce their technology right now into existing mines.

30 mines giving off $10m each year to AXM. = $300m profit.
We are in the heart of the electric revolution.

$6 Billion Mk Cap (£5B in sterling )on a p/e 20.

From a £1.9m mk cap now to £5billion = 2600%
or
£2.70 per share.

Worth considering for the portfolio!

Cesaro