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They continue to update their website. FWIW.
I’ll jump through hoops. What are they? I’ve called everyone to figure it out and companies that did, don’t now.
Website updated. Worth a look. Stated clearly they are listing on Nasdaq post merger and the Ameca companies that they will control.
Waiting is what it is. It takes time to do what they are doing and my shares are more valuable if they set this up correctly. It is a very complex operation and organization from many standpoints. International relations, an industry known for corruption, greedy governments, corrupt governments, rich minerals of high value, infrastructure, labor, supply chain, shipping channels, more corruption, pandemic. Oof.
There is a reason that one of the VERY FIRST things they did was outline a robust anti-corruption policy and publish it.
The sticky wickets they deal with are constant.
I read southcorpcapitalinc.com website, including every single link/video/presentation and Amecamining.com, every single link/drop-down etc. I re-read these every three months or so and this last time there was quite a lot more information than previously. I’m not techy to track when changes or updates occur. I just go in and read.
This is just my personal view, but getting current in OTC is child’s play. I’ve read every word of both websites and it’s crystal clear to me, from my own due diligence that they are putting every single thing in proper sequence and place in order to come to the market strong. Not a maybe. But BAM…we are dialed in and this is what we have. Right now they are working on quantifying exactly what they have with another more extensive round of drilling with Dr. Derosier, a necessary step to bring to institutional investors. They have outlined their CAPEX and OPEX needs, again, working to quantify what they have for investors. This is just a tiny bit of what is going on.
It’s all there. Spelled out pretty nicely. A lot of folks seems to worry about superficial things like if the timeline is updated. In the meantime they’ve updated their website and shared incredible detail about what they are working on. It’s fantastic.
Did most people here know they have a site in Pakistan as well? That was new info I got the other day.
Yes and it will take time to scale. I read the Ameca website thoroughly this weekend and they address this. They say there is a 10-15 year window for graphite of the purity they have for EV. And they expect to come to market at the peak of demand/shortage.
Perspective: if you are going to disrupt an entire industry and do things differently than those before you, including strict anti-corruption policies and a foundation to actually help the arguably impoverished areas in which you work (rife with corruption)….then you better have your ducks in a row and be able to back up your words with a solid plan, i.e. infrastructure and people in place to carry out said plans.
All of that takes time while swimming against the tide of existing corruption and entrenched ways of “how it’s always been done”.
Breaking the mold is not easy. #teammark
Typo. Very. Sorry everyone. Lol
Got. Nice find Bowman and very. Curly produced video.
Can’t get it to work. Anyone else get it to work?
More than six figures. Personally, I’ve got all the patience in the world to wait for it too.
A quick look at their website and you will see they are well past square one.
I think the demand driving graphite of this purity is stronger today than two years ago. It will be really interesting to see how time/delay has impacted. I think the delay while frustrating has a net very positive affect.
Yeah, I do look at that. But I notice design changes each time, which is encouraging when timeline isn’t updated. It just tells me they are working on it purposefully. Once everything clicks together with getting current etc it’s a really impressive site.
I should have mentioned that I noticed under “current projects” they list Pakistan 100,000 hectares and Congo 200,000 hectares along with Sri Lanka. That is extremely exciting since all eyes have been in Sri Lanka. Pakistan is almost as large an area as SL and Congo is larger.
I check the site every six weeks or so. The aesthetics of the site have been updated further, design elements added. Subtle things they are doing. They added language at the bottom under contact us. Small things I notice. But I don’t log or keep track. I just like checking to see what they’ve done. I’m very confident in STHC and future so I tend to be a patient and casual observer of updates.
The evolution of the website is interesting to me because clearly they are spending the time and money to have it ready for a lot of eyes. It’s a nice site and has continued to get better over time.
Many changes to the website. It is looking really good.
Exactly. Black Gold. A tremendous amount at stake for everyone.
I’m sleeping well…got nothing but time and a boatload of patience. No one is leaving that graphite in the ground. Eventually it is coming out.
That would be nice incentive for them to at least get that part done. And doesn’t seem impossible. Sending good juju
I think they are heads down working. The race is on for them as much as anyone. Demand is high and they’ve got no product out of the ground.
And if we are all honest these delays have actually worked in our favor in terms of pricing and demand coming to market. So while the wait has been challenging, or frustrating depending on who you speak to and how they feel, the reward is/was an unexpected silver lining to it all.
Yes, expert list is a better way to say it.
There were a couple of small brokerages that were allowing it right before June of ‘22 and a few here bought before their upper management shut down any further purchases.
Anyhow, will just sit and wait because no harm in doing so. Sitting in shares that may be useless or may be worth something one day. Either way, it’s a wait.
100%
We’re stuck until it moves off the grey list.
Have you reviewed the Southcorp capital website and the timeline the put up a few months ago? They explicitly outline their plans. That is what folks are waiting for.
And not surprising there are hurdles beyond their control.
No one know “when” but they’ve stated very clear intentions in the last few months and they could have said nothing at all, but choose to make their intentions public.
How did you reach out? Email? And he replied?
Exactly this. Getting the 140 steps done one at a time.
I remember that too. Back when Mark liked us still. Lol
Well, I had not wired money yet. But that was my next step.
Same. They said they’ve received several calls today. They were very nice about it. But bummer.
How’d you buy? I’ve been trying to figure out a way to accumulate some more.
I agree there is historical reason to be skeptical. But I also think they have so much on the line, it’s very possible they hedged that date on the later side as well. They are all too aware of the impact of missing deadlines.
Fortunately for us, we don’t have long to wait to see if they pull it off.
Volt followed a bunch of us on Twitter.
I am nobody on Twitter. Literally setup a new account so I could follow Ameca. So I have zero posts or likes other than that with probably two exceptions. And they followed me. What gives?
They can’t do it because no way to transfer them to me. Canada has a tough tax situation.
I have a client in Canada and they would be happy to buy shares for me but no way to transfer them. They suggested setting up a QTrade account I think they called it, which I looked into and also cannot do.
To list on NASDAQ the min requirement is $2/share. There are more knowledgeable folks here than myself, but that is my understanding.
Someone educate me…does it matter if it’s a RM or Conversion or ???
Happenings are afoot. Hold on and stay tuned…
Their anti-corruption policy is actually a very good read. It’s on the Ameca Global site and has always been on the Schatzi site previously. At least 12 months ago or more it been there. The policy is one of the things that gave me very strong confidence that Mark and company want to do things the proper way. Regardless of how it’s looked from the outside, from the inside I truly think they are committed to putting together a very solid company in an industry that seems to be rife with corruption and bribery. Especially given the countries that many of these “rare earth” companies operate in. All very fascinating stuff.
Timing to market any time from here forward will be even more impactful than last year. I expect some big names in off take agreements. The 99% pure is the ringer. We are well poised and I hope they meet all their goals and make Sri Lankans lives change.