Armadale Capital Share Discussion Threads

[gb904150] 12/5/2023 11:58

thanks Rover!

That solves some of it. The royalty on the Mpokoto project in DRC.

It also mentions the listed investment portfolio that is JSE listed and is rebalanced periodically.

Would still be interesting to know what is in that JSE listed part.

[rover62] 12/5/2023 10:01

Look at this for the gold project
hxxp://armadalecapitalplc.com/wp-content/uploads/2022/08/Armadale-Investor-Presentation-January-2017.pdf

[gb904150] 12/5/2023 09:30

Does anybody know what the 'quoted portfolio' that is valued at £1.245m contains?

The 2021 AR mentions:

The Group is exposed to gold as the holder of a royalty on gold production from its previously held gold project. The Group’s potential future royalty stream will be affected by fluctuations in the prevailing market price of gold and to variations of the US dollar in which gold sales will be denominated.

So wondered if other holders might have more idea.

Although progress here is glacial, I respect the significant insider holdings (Matt Bull - 10%) and the very restrained costs (admin expenses - £309k!).

[cocopah] 12/5/2023 08:05

Down the toilet from here … sub £1 looming … and needs a cash raise in 12 months … awful BOD!

[supercity] 12/5/2023 08:00

Well this is interesting, let's hope it materializes as it could see the share multibag again8. 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.

[cocopah] 11/5/2023 15:48

The BOD … untouchables … more like the untrustables … looks a loooooong haul from here! 😫😫

[goodday1] 03/5/2023 10:44

Ffs, who would sell 500K at such low prices?Is this heading to under 1p?Could this been shorted?BK, please hurry up. LolGl all

[aeu97137] 03/5/2023 09:29

@cocopah - I am a holder here and struggling with the lack of comms and progress from the board. I take comfort from the fact that we have a great resource and economics, MB has significant shareholding and is not drawing a big salary, and the apparent 'wait for BKT' strategy sounds plausible.

I continue to average down in the hope that one day there will be some positive progress and share price appreciation. Might be a long wait but a common theme with AIM resource stocks at the moment

[goodday1] 02/5/2023 13:28

Still, searching for the bottom.Gl all

[the count of monte_cristo] 21/4/2023 15:54

An update wouldn't go amiss, as you say this company have been poor at communicating.

[cocopah] 21/4/2023 15:20

1savvyinvestor Ten bagging is a long way off, if ever. There is no indication that anything is happening and just a load of speculation that they are waiting for Blackrock, which is no way to run a company.🙄

[1savvyinvestor] 20/4/2023 08:22

Ten bagging would still only value acp at £90million . Very big upside potential here

[the count of monte_cristo] 20/4/2023 08:07

One might suspect that ACP might be next. Tanzania really seem to be moving forward with progressing their mining industry, boosting the economy and job market.

[the count of monte_cristo] 19/4/2023 03:51

PEAK RARE EARTHS LIMITED





ECOGRAF LIMITED







EVOLUTION ENERGY MINERALS LIMITED

[the count of monte_cristo] 18/4/2023 16:43

Has to be positive for ACP

[the count of monte_cristo] 17/4/2023 08:30

Agreed, I also bought into TGR last week.

[andyview] 17/4/2023 08:27

Seen a run up in lithium plays past few sessions, will this love make its way over to graphite, you got to be thinking so….

Gla

[cocopah] 14/4/2023 16:34

Absolute shocker of a share, wish I had watched MB in an interview before I had invested … could’ve saved myself some money!

Luckily don’t need the cash in the short-term but not one of my finest picks I must admit. There is still a Telegram group where some fools are ramping away which is sad for the people who are suckered-in. Best hope here, in my humble opinion, is for graphite to explode in price and ACP to sell out. I am now of the opinion that the chance of the mine being built under the current board is slim to none.

[goodday1] 14/4/2023 09:58

Another new ISA year full of hope while the BoD is still asleep and we are waiting for Black Rock, lol.Gl all

[the count of monte_cristo] 06/4/2023 14:23

Some bargain hunters coming back in.

[goodday1] 04/4/2023 13:52

Is it better to have days without a single trade or have a few trades & share price drop?LolGl all

[the count of monte_cristo] 03/4/2023 14:03

The Project is considered highly prospective for graphite, with shallow graphite mineralisation observed on the license areas and small-scale mining of graphite already taking place with sales of bagged mined product being made to Chinese companies in the local area

The Company is currently finalising its plans to commence an initial exploration program targeting high-grade, jumbo and large flake graphite mineralisation across the 10 granted mining licenses