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Signs pointing toward things getting back on track. ????
They do. 2023 has a tremendous capital expense if they are on the timeline I last read on their website.
From last year to this, I’d say things are looking much more promising all the way around. Hoping for the best for all.
I wish their website was still up. In June I poured over it and read every word and every attachment. They had worked in their site throughout the year, while a lot of us were mad and not paying close attention. I was more impressed in June than a year ago and honestly wasn’t thinking STHC would necessarily come to fruition, but if it did, it felt huge.
One critical thing on their site they outlined their CAPEX for 2023 and at the time I read it, (June-ish) they had almost $100m to raise to get the graphite out do the ground and exported.
I really don’t think they are trying to be cryptic. I seriously think that with the Sri Lanka BS and also whatever STHC stuff the inherited they have has to fight in two fronts. Both significant.
The corruption stuff has more likely been more challenging. If you read their anti-corruption policy in their website, it was intense. Probably laying low has been really important for them, as the Sri Lanka government held ALL the cards as far as their ability to pull material out of the ground and export it.
I’m not saying it hasn’t been frustrating. I’m just saying if you are able to step back and look at the challenges, they damn near ruined the entire country. A country that this mining company has an enormous stake in and a plan (also in their website) to build a ton of infrastructure and schools for the locals. It’s so big, they stated in their site and in their plans that they have the ability to dramatically change lives of local Sri Lankans.
So if all that is true the local corruption had to be suffocating, debilitating.
On top of Sri Lanka being massively hit by Covid and shut down far more than other countries.
Just a lot of shit to slog through.
Full disclosure. I’m Phoenix Rising on Twitter. I had an account for years but was kicked off in the Twitter purge. I wasn’t even a real user if Twitter. I don’t know what happened and didn’t fight them. I rejoined for one reason, and that was so I could more easily see what Ameca was doing.
I was using my “old” account to see it all last year but was tired of not being able to engage if I wanted to.
I would as well. Even if we could buy very little is trading, even in Canada.
If I could buy it from the US right now, at this price I’d gamble. I don’t think there is a way to buy at the moment.
Agreed. 2023 is a big year for them.
Momentum for big change seems to be in Sri Lanka’s favor. I’ve been keeping up on this site as well. Timely reports of all the happenings.
Another point. Ameca posted a link about how Sri Lanka will be subject to human rights rules in their exports. Germany being first to step up and say this and one of the toughest.
I believe several tweets Ameca has been making the point that they are a company that is in compliance with and supportive of human rights and for the people.
I really encourage everyone to thoroughly read both Schatzi and Ameca sites. Every link and drop down. There is outstanding information on both. They’ve worked on those sites all year when many of us weren’t really paying attention.
I am under the impression that much more was happening than any of us knew. And a company can’t exactly come out and bash the very corrupt government they are trying to navigate with. Certainly at the time, they didn’t know anything other than this is who we have to work with.
Their website supports this line of thinking. Their corporate governance and anti-corruption policy have been up since last year when all the crap went down. So this was a serious focus of theirs to get that out there.
If we think logically, they have about $85m in funds they need to raise (on their website) and how do you convince institutional investors to put money in with a corrupt government in control and without assurances that your company is doing things ethically and have a policy in place to assure investors that the corrupt countries they work in will not be allowed to “buy them off” etc.
I’ve taken the time to read both Schatzi and Ameca websites in detail.
This is a very interesting page for investors.
https://www.amecamining.com/path-to-production
If you look on the Schatzi website it says Schatzi is Ameca company and there are governing documents that you can read. They’ve been there since last year. But one of them is an anti-corruption policy. It is very very strongly worded.
I think it IS very possible that they couldn’t make a move because perhaps they were backed into a corner that would have forced them to violate that policy. Whatever you may think of Bolster, he has always wanted to do things right, according to him and it may be that this iceberg that sunk STHC had much much more below the surface that any of us realized/knew.
We will see. Interesting times for Sri Lanka and the people are celebrating freedom for sure.
Tomorrow their corrupt politicians are officially OUT. Time for the Phoenix?
Honestly, if I could I’d probably buy more. But I’m in US. I still have all my shares from before because I figured I’d wait and take the losses when I need them most.
So glad I’m holding for now and we will see what happens.
Yep. He certainly is aware of what is being posted to that account.
Interesting times.
Mark also posted an article about how Lithium in EVs remains sky high. He’s the only one who has shared that so far according to LinkedIn.
So this morning, Mark is the one on Ameca Group Twitter.
Ameca Group Twitter is active again today. They shared something that World Economic Forum posted re forests this am. I went to the link and the first thing I saw was five people had liked it. I think more have since, but at the time, one of the five was Mark Bolster.
Just pointing out he obviously has access to Ameca Group Twitter and posts. He’s most likely the one that shared that. So I would think he knows what is being posted on that account.
If nothing is happening with STHC of all people we know, I believe he would have shut those tweets down immediately.
Just an observation.
A few different people paid the court for the info and it was posted and shared back at the time. Maybe on Twitter too.
I’d love to participate in any legal action if a group is forming….or do we all go at this individually?
I agree it doesn’t make sense. Clearly inside info.
Agreed
I’d like to hear from Synergy on this. If nothing else, just to clear up their end of it and resolve any questions. It expecting anything out of Bolster at this point. But Synergy perspective is something I am very interested in.
Agreed. Solid plan at this point. Literally nothing to lose ;)
My plan as well…
Yep. Seems like it.
Getting on a plane momentarily but I’ll certainly gather what I can. If anyone wants to collaborate and PM me I’ll gladly share my contact info.
I don’t understand the cryptic tweets with typos. It takes no time to proof read and out something coherent out. It’s bizarre.
Who do I contact for lawsuit? I hold 2m shares.
Still in the dark…hasn’t helped one bit
Really? I thought this situation called for every F bomb available…I’ve mentally cussed my way through the day trying to figure out what the actual fuck happened here.
Has anyone messaged Ben Berry? If what the tweet says is true the shell was not properly approved.
Did ya’ll see restricted shares were reduced by 24m? Someone posted screen shot on twatter.
Yes, I do
What I love most about what is unfolding is the mission to improve communities and individual lives. This has been years in the making, no doubt. Relationships have had to be cultivated and trust built to execute something of this magnitude. It’s disruptive in the best ways.
I have thought about what I am saying....and it's not complicated. If you read the websites, slide decks and follow all links, its very obvious that Mark and company have been extremely busy building out something significant. I see him as someone not putting the cart before the horse. I believe he is working in a methodical and intentional way to build something that lasts.
I have no more information than anyone else on what will or won't merge, but based on what I see and read, I am impressed with what is being built and I am happy to be a long term holder. In fact, I like it so much, I'll ride this to zero if need be, because I have more confidence that the stock is ultimately worth more than five cents. I actually WANT to be part of what Mark is building, in whatever form it takes.
As far as communication with STHC shareholders, I believe that Mark is not going to risk any forward looking statements or any other type of statement until all ducks are in a row. The Canadian Laws are strict and Mark does not seem inclined to risk an enormous operation that is going to change lives for a bunch of dipshits on the OTC.
I’ve said it before and I’ll say it again.
Mark Bolster runs circles around you IN HIS SLEEP.
You, like me, know NOTHING. We ALL wait.
THIS I know: the build out of companies and scope is larger than ANYONE anticipated and is incredibly impressive.
Compelling enough for me to stay long.
Mark Bolster screwing people over seems totally opposite of his character. Read every word on his websites. The man is trying to disrupt the mining industry as a whole to enrich and better the lives of others from the ground up. At every phase of his projects he speaks of benefitting the locals and transforming communities. This is not a man who is greedy, he wants to leave the world better than he found it.
I want to be part of THAT vision.
Agreed and happy to wait!
Bye ??
Agreed!