Armadale Capital Share Discussion Threads

[the count of monte_cristo] 18/11/2022 12:00

So back in Jan 2022, when this was 5p, it had a market cap of 50m GBP right?

Since then the...

- graphite prices have increased
- the world has slowly started to realize graphite is as critical as lithium
- that unless more graphite mines are built the world cannot build these EV's

Seems like the graphite stocks are like the lithium stocks back in 2019.

[ayesha4] 17/11/2022 10:27

The Company has received an encouraging level of interest in funding the Mahenge Liandu Graphite project and has advanced its discussions with a number of potential finance partners with respect to securing project development funding for the project.No couple that with 'advanced discussions' a yr agoLiars

[scottwhetton] 16/11/2022 14:17

Steve, yes mate i got in at the high end also about 60% down

[stevedd3] 16/11/2022 14:11

That's after averaging down or would a lot lot more, in here deeper than ever intended and obviously still believe will come good eventually

[scottwhetton] 16/11/2022 13:53

Your one of the lucky ones then

[stevedd3] 16/11/2022 13:35

Hope so I'm still 40 percent down tho :-(

[the count of monte_cristo] 16/11/2022 12:49

Interesting moves

[andyview] 15/11/2022 11:46

Yes maybe those 1mill sales have been his?
The few little nibbles today have turned into more significant numbers,

Gla

[mensa155] 15/11/2022 11:41

Kabunga in for a further $1m at Volt. Hopefully he has disposed of his ACP shares over the last few weeks to help him pay for this.

[andyview] 15/11/2022 10:11

Few nibbles again today. Hoping that some positive bres vibes make their way over here 👈

Gla

[andyview] 14/11/2022 14:46

Graphite stocks will come to the fore. Lithium is in the spotlight now but we will have our day

Gla

[ipwil] 10/11/2022 20:27

Graphene is produced from Graphite

[euclid5] 09/11/2022 20:16

sorry meant Graphene

[mensa155] 09/11/2022 11:39

Sorry Euclid I'm not sure what you mean lithium?? Can't accept a good offer (pretty sure he won't accept any offer until this is in production, stage 2 is up and running too, the rest of the area is proven up and the latest licence additions are explored.

[euclid5] 09/11/2022 10:28

Mensa, don't forget their lithium is the ground, so he may not be able to accept what he thinks is a good offer

But as BHP mentioned in the sunday times, they may look at taking stakes in companies in Tanzania

[chrisn3] 09/11/2022 07:45

I am invested here and am kicking myself for not selling for 6p after mining licence was granted. A couple of things that I don't understand and would appreciate any answers. Why as the nvp is far greater than the m cap are larger companies not falling over each other to buy acp out? Why is someone continuing to sell 1 million shares at a time at what must be all at a loss if the prospects are so good?

[the count of monte_cristo] 08/11/2022 11:28

Nov 1, 2022
Mr. Friedland’s June 2022 exclusive, long-form keynote discussion at the Bank of America’s Commodity.
Mr. Friedland commented: “The supply-demand landscape for the copper market remains extremely clear despite any short-term market fluctuations and policy-driven demand destruction. Kamoa-Kakula will be an integral part of the supply solution, but we will need astronomically higher global copper production to solve the ongoing energy crisis and complete the vital transition to green energy.”

[mensa155] 07/11/2022 11:09

I agree however along with the slow progress and lack of Comms it gives new investors a great entry price.
I would say we have one major share holder though, Matt Bull about 54m shares and just under 10% holding. He only put a further £170k in back in April 100% share holder aligned.

[euclid5] 07/11/2022 10:49

Sunday Times business section report yesterday saying BHP would be interested in taking stakes in companies with commodities in Tanzania -

There we go, problems all solved, with this asset it will sell it-self, not need to market it to BHP

[euclid5] 07/11/2022 10:47

Seems he has placed huge pressure on the share price, holding and selling down 76m shs

Asimwe Kabunga was the major share holder with about 45m shares. Since then he has had a further (rough numbers only) 15m for warrants and 16m for a CLN

shame we never had long term major holders - all you need is one m/holder that keeps selling down and over several years the price stays depressed at very low levels

[mensa155] 05/11/2022 12:25

Thanks, I hadn't seen that.

[the count of monte_cristo] 05/11/2022 11:56

Hi Mensa, thanks for that.

[rileyma] 05/11/2022 11:22

Mensa upped to $1700 not 1500

[mensa155] 05/11/2022 08:04

Euclid,
ACP have a DFS already they are simply going to update it with the Tanzanian government's free carry when it is negotiated and possibly some other metrics, updated build costs and updated average sales price currently $1,112 (BlackRock have $1,500 in theirs, same graphite!).
They also have all permits in place with the final step of the mining licence being awarded to them last year.
With regards to funding yes they have stated for a couple of years now that they are in finance discussions. However things change both at the macro and local levels and we are clearly letting Blackrock lead the way (their financing due any day now). Once the free carry is sorted I expect the newsflow to ramp up significantly with final FEED, offtakes and finance to be completed within a reasonable timeframe.