Armadale Capital Share Discussion Threads

[jsd71] 04/9/2023 10:25

Our neighbour Blackrock mining. Black Rock has signed an MOU with POSCO for Mahenge Module 2 offtake. Under the deal, POSCO will provide an additional equity investment in BKT of up to US$40m, or a stake of 19.99% in BKT.This is excellent news for blackrock & Mahenge region , POSCO are a huge outfit.

[cocopah] 01/9/2023 17:45

I think a sale of the asset is our only way to recoup some money. Unfortunately, we’ve all been sold down the river by deceptive comms especially after the mining license was granted. It’s clear to me that the board has no intention of developing the asset and lack the skills or finance to do so. It’s a bit of a handwringing exercise at the moment just waiting for the axe to fall. Those who bought more shares to reduce their average will be suffering most I guess. Hopefully those who ramped this share will realise what fools they were!🙄ԍ00;

[rileyma] 01/9/2023 11:00

Ask myself that.surely a cheap 'bolt-on'?

[neo26] 01/9/2023 01:28

Why doesnt blackrock buy this

[cocopah] 31/8/2023 16:55

90p gone now … I think the slide will now accelerate. I’ve resigned myself to the loss, sometimes you win sometimes you lose.🤷‍;♂️8580;😫

[amtech1] 23/8/2023 08:39

There should be plenty of news soon to stop any speculation.......errrrrrrrr maybe not.

[1savvyinvestor] 10/8/2023 14:34

People speculate- nothing more with total lack of news

[andyview] 10/8/2023 13:18

Bottom in?

Gla

[amtech1] 08/8/2023 11:51

So are this BOD

[rileyma] 08/8/2023 07:48

The west is sadly lacking in fwd thinking.

[goodday1] 08/8/2023 06:59

We need proactive management now!So far, China is blowing the competition away as both a producer and buyer of rare earth minerals. Beijing is already the "dominant producer of rare earths and graphite globally," The South China Morning Post recently reported based on recent BloombergNEF data. "It also owns around a third of global rare earths, a sixth of graphite and an eighth of lithium reserves." China's chokehold on global supplies means that clean energy sectors around the world are reliant on Chinese supply chains to keep overhead reasonable as they work to grow their own clean energy sectors. hTTps://oilprice.com/Metals/Commodities/From-Mongolia-To-Mexico-Americas-Global-Pursuit-Of-Critical-Minerals.htmlGl all

[cocopah] 02/8/2023 08:11

“Down,down,deeper and down …”

[colinmc1971] 28/7/2023 16:39

I thought we would of at least had an update on the effectiveness of the weather station they installed by now. It would be good to hear about what direction the wind was blowing recently ?

[cocopah] 28/7/2023 16:02

Here comes the slide, even the idiot rampers have stopped buying! Only staying in here because of the value of the asset but not really expecting anything from this and quite a bit of 💷 💷 down the drain. 🙄😫😫😡

[amtech1] 24/7/2023 08:32

Problem is the regulators are toothless dragons

[cocopah] 20/7/2023 16:47

When pronouncements, such as the following are made, then the board show their true colours, in terms of integrity, or lack of it. Personally, I wouldn’t trust anything they say but unfortunately I did at the time!

“With project financing, a mining licence and commencement of mine construction all imminent, Mahenge, and indeed Armadale, is on the cusp of transformation. Ultimately, Mahenge’s value potential is clear, and it is our responsibility and focus to convert this into meaningful returns for our stakeholders. To deliver on this, we have devised a staged development plan giving a fast-tracked, low-cost route to production. This is truly an exciting time of development.”

IMHO there should be regulatory sanctions applied by the LSE when any BOD member communicates misleading statements.🤷‍♂ᥧ9;🙄

[jsd71] 18/7/2023 17:42

Surely it's best to wait & see what the next rns brings. As for those selling, let them as they provide opportunity for others.Only a matter of time but the update will come & I'm sure the board are well aware of things.Bring it on.

[dragon35] 18/7/2023 17:40

Like the saying goes....bad management can ruin a good asset....

[cocopah] 18/7/2023 17:34

It looks as though even the serious rampers in the Telegram group and on the LSE board are now unable to bring themselves to buy any more of this terrible mess or persuade other fools to do so. I think the only way out for all of us will be a sale of the asset, but I think that’s a long shot and a ways off atm.

[1savvyinvestor] 18/7/2023 14:05

The worry is that it is still 5.7 million market cap - not sure if justifies even that currently

[cocopah] 14/7/2023 15:14

Now the £1 barrier is broken this will really start to slide!😡