Re: another acquisition Funding for Mpokoto alone should easily propel the SP into double figures...
Outstanding article!! [link] an amazing in depth look at the company and its prospects.Keep buying it's going to get harder to get shares..
Re: another acquisition ASX-listed Kibaran, with a market capitalisation of £25mln, provides a potential benchmark valuation for ACP (worth around £1.4mln).Did some figures earlier and if the included is true and I am sure it is.Then Armdale should be at around 20p plus maybe even nearer 30p.Interesting few weeks ahead..
Re: another acquisition Also note the bench marking here. I firmly believe this could be a 10 times the current rating share very soon,hence the enthusiasm..Good luck..Benchmarking ..As mentioned, ACPs project is near Kibaran Resources Epanko project, which has a proved and probable 10.9mln tonne ore reserve, a bankable feasibility study and an off-take deal with metals giant ThyssenKrupp.ASX-listed Kibaran, with a market capitalisation of £25mln, provides a potential benchmark valuation for ACP (worth around £1.4mln).The same goes for Blackrock Mining, another Tanzania focused Aussie graphite play (market cap £7mln).
Re: another acquisition It takes 20-30 times more graphite than Lithium to make a Lithium iron Battery..They are sat literally on a gold mine excuse the pun..[link]
Interesting prospects.. Graphite project potential:-Proven and Probable Ore Reserves of 10.9 Mt at 8.6% TGCAnnual EBITDA of US$33.6m for 15 yearsRevenue Price US$1,466/t of concentrate, opex FOB Dar es Salaam $570/tMetallurgical Results: 85.7% of distribution > than 106 micron, carbon conc. of 96.3% TGCAnd don't forget the 600,000 oz gold prospect also.It seems fairly certain this company is going to grow at an amazing pace..I'm in and look forward to seeing this rise and rise and rise!
Buy rating from Beaufort. The stocks 50 day moving average price is GBX 2.24 and its 200 day moving average price is GBX 3.07.[link]
Re: another acquisition This acquisition is a steal and should do very well.I have every faith here and the management are buying well.
Re: another acquisition Nuclear reactor moderators, anyone? (Just kidding, but one can hope )
another acquisition Broker note from Beaufort, taken from researchtree: "With the proposed graphite acquisition Armadale is focused on diversifying its portfolio in the African resource sector. The company is looking to capitalise on the expected growth in the graphite market driven by increasing applications particularly in the energy storage market. We look forward to updates following completion of the transaction as well as further developments on the Mpokoto gold project. In the meantime, we..."
Beaufort's note from this morning, it's free to access in full from ResearchTree "With the proposed graphite acquisition Armadale is focused on diversifying its portfolio in the African resource sector. The company is looking to capitalise on the expected growth in the graphite market driven by increasing applications particularly in the energy storage market. We look forward to updates following completion of the transaction as well as further developments on the Mpokoto gold project. In the meantime, we..."
Re: DRC ? "Great to read their views."Not so great if you'd acted on Wonky_aim's as expressed on 10/11/15, though! Perhaps that's a tad unfair as he may well be proven right if and when funding is secured. There are those much more knowledgeable than me who are keeping an eye on this stock...
DRC ? So nothing has changed from a year ago since my last post.. Except of course we are still going down !!I note some new positive?? folk on the board. Great to read their views.
Re: kam .. Today Another placing @ 3p today.
Re: Eh? Cheers for that t237 - I was on the hop but sure I saw what I thought was a holdings RNS dated today (not the one dated exactly a moth yesterday ago), but perhaps I was mindful that an RNS had been released and I confused the two. If so, and in my defence, iii has form for not displaying RNSs (even to its paying customers when logged in!) in anything approaching a timely manner, and that's really quite poor when info. relating to such a significant development as a feasibility study has been released to the market! Hmph!