Armadale Capital Share Discussion Threads

[amtech1] 24/7/2023 07:32

Problem is the regulators are toothless dragons

[cocopah] 20/7/2023 15:47

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 16:42

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 16:40

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

[cocopah] 18/7/2023 16:34

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 13:05

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

[cocopah] 14/7/2023 14:14

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

[wooster4] 14/7/2023 13:47

I'm sure the board are working flat out installing another weather station!!!!

[r007] 14/7/2023 09:29

It's about time the board put out a statement that nothing has changed and no reason the share price has tumbled with no comment to stop this rot, l still hold all my shares until l'm told otherwise and stand by what I said before, it's about time the board looked after there shareholders. Dyor

[cocopah] 27/6/2023 16:31

#goodday1 I don’t buy the Blackrock argument … the BOD did not indicate reliance on the undertakings of another company when they obtained the mining license, far from it … and it’s no way to run a business anyway. I see no evidence that anything will progress, perhaps a sale of the asset but even that seems a long shot. Like many I’m thinking it is probably a costly lesson for us all. I am no longer in the Telegram ‘ramping’; group but even they must realise it’s a hopeless case atm.

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[goodday1] 26/6/2023 14:44

Why is this heading to under 1p?Black Rock management should do something & SOS.I feel really sorry for the HWI who got rinsed by the CEO.Gl all

[cocopah] 20/6/2023 21:08

I wonder if today’s AGM in Darwin passed the Andy Warhol test! 🤣🤣🤣
🤡🤡

[jsd71] 14/6/2023 06:35

Walkabout resourcesOur graphite pier in tanzania secures $20 million funding from Gemcorphttps://www.proactiveinvestors.com/companies/news/1017797/walkabout-resources-welcomes-gemcorp-approval-for-us-20-million-lindi-jumbo-debt-facility-1017797.html

[goodday1] 13/6/2023 07:19

Wow.Good morning, allGl all

[jsd71] 08/6/2023 18:44

After such a long period without news let's see what the next update brings & judge them on that, it maybe substantial.

[cocopah] 08/6/2023 16:26

I imagine most people are considerably down. I know I am and I doubt many others will be in the green. I think it’s fair play to criticise the BOD for miscommunication and lack of activity, although of course it won’t make any difference. 🤷‍a94;️🙄

[amtech1] 04/6/2023 19:10

Hey MB is working hard, hence why he gave himself a £30k wage rise.

[the count of monte_cristo] 04/6/2023 06:07

Goodday significantly down and continuing to post negatively, bless.

[cocopah] 03/6/2023 07:08

My view is that any more money invested here at the moment is akin to throwing good money after bad until there is not just an update, but real action is taken. Investors have no impact on the BOD, who do what they like without communicating. The AGM was in Darwin!

Elsewhere companies are getting on with producing graphite and I believe we could be another year or two down the line before anything concrete happens. 🤷‍a94;️

[goodday1] 02/6/2023 09:15

How much longer do you think we have to wait, mate?Another year? With no news, this is heading under 1p & I will not top up till we have a meaningful update.I had a skin full of promises.Once bitten twice shy.Gl all

[cocopah] 01/6/2023 16:33

I see no uptick in the share price and there is no reason for any upward movement. Given that most people are nursing significant losses (but believe that the stuff in the ground is worth something) the share price will likely remain stagnant for the foreseeable. Some people may need to cash-out for personal reasons so the drift lower might well continue.🤷‍♂️