Big rise coming very soon. With a very paltry mkt cap of only £750k at ..20p and with deals like the one below being completed all makes for a very positive outlook and rerating.It's slow going but the system is a world beater with many more deals to come and huge revenue to be had.. Hold and add, this share will be your maker.. Proactive Investors - Run Investors For InvestorsHomeNewsNewswiresLON:AXMAlexander Mining jumps 40% on technology licencing dealShare 09:41 23 Feb 2015 Alexander Mining jumps 40% on technology licencing dealAlexander Miningrh (LON:AXM) shares shot up 40% in early deals as it licensed its proprietary AmmLeach technology to an Australian miner.Arrangements with Compass Resources could lead to the first commercial adoption of AmmLeach which, according to Alexander Mining, is an environmentally friendly and cost effective metal recovery option."We greatly look forward to working closely together with Compass under this transformative agreement, said chief executive Martin Rosser.Based on the completion of a positive AmmLeach feasibility study and production go-ahead, the project would complement our AmmLeach technology with existing high quality mining assets.Compass intends to carry out a feasibility study examining the use of AmmLeach at the Browns project in Australias northern territory.Browns is a mothballed copper, cobalt and nickel operation that operated for four months in 2008 before being closed due to processing problems.The plant - which was fed by three mining operations was originally designed to annually produce 10,000 tonnes of copper as well as 1,000 tonnes of cobalt and 700 tonnes of nickel.The licensing deal sees Alexander Mining receive an A$825,000 cash payment and a 2.6% royalty over future production from the mine.Alexander has also been retained for consultancy services for which it will be paid an initial A$275,000 plus up to A$825,000 during the feasibility and pilot phases, and a possible A$550,000 should the project be advanced to construction and commissioning.Compass is currently working to finalise a financing facility which would be the first step in a major refinancing and relisting.Proceeds from the financing will enable the payments to Alexander Mining; as such, completion of the licensing deal is conditional upon Compass completing its proposed financing.On AIM, Alexander Mining shares gained 0.22p, 40%, in early deals to trade at 0.78p per share.Share Jamie AshcroftREGISTER HERE TO BE NOTIFIED OF FUTURE AXM COMPANY ARTICLES ALEXANDER MININGMarket: AIMEPIC: AXMMarket Cap: 0.51MLatest Price: 0.20p (5.26% Ascending)52-week H/L: 0.83p / 0.10pSector: Engineering1day1year2015Apr2015Oct2016Apr0.000.501.00VIEW FULL AXM PROFILEALEXANDER MINING TIMELINENEWSWIREAugust 23 2012ALEXANDER MINING SECURES AUSTRALIAN PATENT FOR COBALT LEACHING TECHNOLOGYNEWSWIREMay 21 2012ALEXANDER MINING TO SEEK SHAREHOLDER APPROVAL FOR CAPITAL REORGANISATIONNEWSWIREMay 17 2012ALEXANDER MINING SIGNS ROYALTY LICENCE AGREEMENT WITH METALVALUE; SHARES SURGE - UPDATENEWSWIREMay 17 2012ALEXANDER MINING SIGNS ROYALTY LICENCE AGREEMENT WITH METALVALUE; SHARES SURGENEWSWIREMay 09 2012ALEXANDER MINING SHARE PRICE DUE FOR RE-RATING IF AMMLEACH TECHNOLOGY PROVEN TO WORK, SAYS BROKERNEWSWIREApril 23 2012ALEXANDER MINING SHARES UP AFTER COPPER/COBALT DEMONSTRATION PLANT ESTABLISHEDNEWSWIREMarch 05 2012ALEXANDER MINING SECURES PROCESSING TECHNOLOGY PATENT IN DRCNEWSWIREJanuary 12 2012ALEXANDER MINING SURGES AFTER SECURING PATENT IN AUSTRALIANEWSWIRENovember 16 2011ALEXANDER MINING'S AMMLEACH TECHNOLOGY SELECTED FOR TORLON HILL ZINC-LEAD-SILVER PROJECTNEWSWIREJuly 07 2011ALEXANDER MINING APPOINTED BY TIGER RESOURCES TO DESIGN KEY PLANTVIEW ALLRELATED ARTICLESHAYWARD TYLER GROUP PLC DE-RISKS THE BALANCE SHEETMarch 29 2016"The transaction should be
Interesting!!! Just spotted this post by mannnan on LSE, any thoughts anyone? Any comments over on advfn?Alexander Mining (LON:AXM) shares shot up 30% in early deals as talk circulated it had signed two commercial agreements for its AmmLeach technology to an Australian miner and an unamed miner in Johannesburg using bulk ore samples from the Democratic Republic of Congo.The AmmLeach cobalt/copper process is simpler and requires fewer unit processes to produce cobalt and copper metal cathode, resulting in significantly reduced capital and operating costs compared to the conventional process.The share price of Alexander Mining (LON:AXM) should see a significant re-rating in the short to medium term.Analyst Duncan Hughes said the group has had a busy 12 months as they have continued the development of their AmmLeach technology, expanding their scope to test the technology on a number of new ore types.
WHAT A DISASTER!! That that has taught me a lesson! AIM is volatile by its own nature, but this share is nothing less than ridiculous. I took a punt and lost out severely, but are man enough to own up to my losses. I am now sticking with 88E, and MTR to recoup the losses, and add much value. Stiff upper lip for the last week. Onwards and upwards from here.
Re: WORTH A PUNT!! Just responding to Alltold, he seems to jump on every share that flies up with comments (this is going to fly) but gives no reason why.
Re: WORTH A PUNT!! ch6 - sorry AXM has turned out the way it has, but I don't have any particular insight. I just try and hang onto a fair degree of scepticism when it comes to AIM, and when it quacks etc don't try and deny its a duck. What really did it for me was a conversation I had with Prosser way back, and which I recounted before on this BB. He was so evasive, and when he tried to flatter me I decided I didn't trust him one bit, and sold not long after.The massive volume looks like someone took the opportunity to sell the 'spike' and reduce losses - all very sad. Hope other stocks go well for you anyway -
273,639,643. Shares traded. in this poxy company. Probably One of the biggest wind ups, in AIM history.
Re: WORTH A PUNT!! Unfortunately. Couldn"t agree more with AR.He predicted same circa five years ago. Wish I had heeded. Nuff said.
Re: WORTH A PUNT!! N2 - in all the years of test plants etc etc AXM has never won a contract to install their brilliant IP. AXM is little more than a couple of blokes with a bit of paper with a 'magic formula' on, an exciting story, and a vitual office address in W1. The magic formula only goes as far as paying their handsome salaries, and thats where it ends - steer well clear, and buy into magic beans as a more reliable investment.
Re: WORTH A PUNT!! What makes you say that? your gut?
Re: WORTH A PUNT!! Is it worth a Punt?
Re: WORTH A PUNT!! Market Makers having fun with this one today, lets see what p.m brings!!!
WORTH A PUNT!! IMHHO that RNS is a life changer!!
china patent going back to 5p BUY BUY BUY
£420.000 placing. Funnily enough. Equates to the salaries of BOD, plus three techies, plus two admin staff. According to the accounts from 2014. Funny that innit. Except it is not. Rosser £191.000, for doing dick. AR was right, all those years ago.
Re: Partnership!! It looks like that now Ebullio does not have not only SIVAS and funding, but also it have lost the Russian Investors. I think, that the Russians will never forget as they say to ask for more than 7 mil USD