Armadale Capital Share Discussion Threads

[supercity] 19/2/2019 19:57

This is one for 6-12 months time - got mine tucked away

[bungeetrader] 19/2/2019 15:38

Surprised this isn't a lot higher today on this news. I guess the 493k buyer/seller expected the same but not prepared to hang around having sold at a loss.

[jsd71] 19/2/2019 14:05

Mining Journal https://www.mining-journal.com/energy-minerals-news/news/1356772/armadale-signs-mahenge-liandu-graphite-offtake-mou

[supercity] 19/2/2019 13:31

Today's rns is for an initial 5 year term...this was part of the rns last April when they raised funds (the potential is rather big)Nick Johansen, Director of Armadale said: "Our recently published Scoping Study at Mahenge Liandu established our project as a high value, low capex development asset, boasting an NPV of US$349 million, IRR of 122% and 1.2-year payback period, with potential to be fast-tracked into production in a short timeframe. Coupled with the highly encouraging test results received from bulk sample test work, which produced graphite concentrates with exceptional purity of up to 99.1% total graphitic carbon, the development value of Mahenge Liandu is evident, and it is with this in mind that I am delighted to report that our feasibility study will be able to commence in earnest following today's raising.

[glenbo1] 19/2/2019 13:05

10% a day will do

[balbains324] 19/2/2019 12:54

This is good, slow and steady......be the tortoise.

[glenbo1] 19/2/2019 12:09

Nobody is discounting that. Mining permit and further off take agreements won't be far away.

[letmepass] 19/2/2019 12:06

More fundraising to come.. Same old same old

[glenbo1] 19/2/2019 10:39

Exactly pardon the pun but a real gem.This was 4p with nothing.

[ertugrul] 19/2/2019 10:19

Guys this can be really big We have only discovered small area of the licence Plenty more to come Could worth billion $$$

[jsd71] 19/2/2019 09:36

1 million buy now showing :-)

[jsd71] 19/2/2019 09:15

Proactive investors https://www.proactiveinvestors.co.uk/companies/news/214852/armadale-capital-signs-outline-deal-for-production-from-planned-tanzania-graphite-operation-214852.html

[dreamtwister] 19/2/2019 09:07

quality flake will yield a premium price,as technology adopts graphite its a win win situation for acp !

[glenbo1] 19/2/2019 09:04

Just a bit of patience now.

[ertugrul] 19/2/2019 09:04

Day traders are the price killers but again this is just beginning more and bigger deals to comeHold your horses

[richardjohn10] 19/2/2019 08:43

This will end up around 10% for the day. Markets are all day traders now.

[ertugrul] 19/2/2019 08:42

My target is 5p for next 6 months. I am confident it will be seen here

[glenbo1] 19/2/2019 08:40

Steady gains

[balbains324] 19/2/2019 08:37

Not sure about 2p today, will be over the moon if we hit it. I'm happy for it to keep its gains and progress slowly towards 4p.

[jsd71] 19/2/2019 08:32

Our graphite neighbour BlackrockThey are 10 times our value $41 million market cap, this is without a mining license, their graphite is the same as ours, its in huge demand as they have just signed their 3RD offtake agreement, we will have a second offtake partner soon, of that I'm very confident of after this mornings announcement, well done ACP.

[theaviator] 19/2/2019 08:27

40% so far - not too shabby

[supercity] 19/2/2019 08:27

Market cap less than 4m...go on...how many times could this bag from here

[ertugrul] 19/2/2019 08:23

1.50 to buy2p coming today

[tomboyb] 19/2/2019 08:19

Good rns this morning -