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I can imagine it would if it gets current and AMECA follows through with merging even just Schatzi. It still seems like SouthCorp would be an umbrella company of sorts from which AMECA gets funding though dilution which is expected.
Incompetence or maybe just pure stupidity. Either way, if anybody was ever going to get into the mining game, now is the time. Especially with a desperate Sri Lanka.
The price action is broken. Impatient traders. The loss reduction we have witnessed is strong. This isn't a flipper stock.
They're a distributor now too meaning they can reduce transport cost significantly. No need to wait on SAFE.
I don't know man. It looks like he posted how he did the estimation and seems pretty legit.
Got a link? I'd like to see that valuation we are about to get bitch slapped for.
The SS updates daily on this one. Nothing changed.
Nope. But it sure does look fancy.
I looked a little into it too. I'm thinking Maxidrill has a connection to AMECA Supply which feeds AMECA Mining equipment.
I've been looking into Cosigo which is a partner on Schatzi's website. It turns out they have a few gold interests in the eastern border regions of Colombia. Mostly quiet for the past few years, but apparently very much active as a junior miner. Could this be their partner in Neo-Americas instead of or in some partnership with AMECA Mining?
I'm also excited about that gigafactory they mentions.
Either way new to me. Does it matter?
AMECA infra was added to the Schatzi map. It appears to be out of Dubai.
The thing is we still have a 30 cent stock here even with just Schatzi. It's not as good but I can't complain. Free money is free money.
Over on that twitter like app that would get me banned to name, looks like Schatzi is set up to publicly disclose financials in their company/board charters. Safe harbor language on the slide deck too.
Why would you have to go one by one? They can just merge them all at once with a fraction of the paperwork and avoid screwing up the corporate structure. Plus it would get them liquidity MUCH faster to do it all at once which is what they need right now.
Yes, but they want a low price right now so AMECA can get more shares for their valuation.
Schatzi is german for "Treasure." With AMECA Supply in Berlin, I wonder what the connection to Germany is. Volkswagen battery anode distribution? Maybe raw material distribution?
Now that's interesting. It appears Ameca Supply is based in Berlin and Raleigh or Greensboro.
They will be once we get that stop sign lifted for smart money to buy in. Until then, the NI 43 101 isn't all that useful.
It looks like they're 1 of 8 PR firms recommended by OTC markets. Seems likely AMECA would choose them.
https://www.otcmarkets.com/corporate-services/premium-provider-directory/investor-relations-providers
AMECA is making some great claims over here.
https://angel.co/company/air-mobility-europe-ca-ameca-mining
Read Under Fallen Angel here:
https://www.schatziexploration.com/projects
Read Step 1 here:
https://www.schatziexploration.com/about
The NI 43 101 is done.
All good. I was just a little confused for a minute until I figured it out.
Karaikai Port you mean? Indian Bank is a literal money bank institution.
Sorry if it wasn't clear. The float is low not the dilution ceiling. The ceiling is pretty high since they didn't issue tons of shares like many other failed penny shells.
They are authorized to issue/dilute roughly double the current outstanding shares. It means they can issue shares to Ameca private shareholders for merger and still have a low enough float to rocket the price up to dilute for operations.
Probably from the low float and relative dilution ceiling.
Guys. They will dilute to fund growth. But they currently are not. At least not until merger where they may dilute to give Ameca what they see as a fair share of the pie.
You also don't lose any value if they reverse split so there is no problem there either.
We probably won't see reverse splitting for a while. They first will focus on diluting to fund operations expansion. Once they leave "junior mining" mode maybe they'll reverse split, but they probably won't need to to get to the big exchanges.
That's honestly not how this works .....
If you read on the top of the homepage it says "Ameca Sri Lanka's Mining Future". Pretty clear to me.
Confirmation that Ameca LLC and Ameca LTD are the same with mining (implied) under the parent. https://ibb.co/YBf5W5D
It's some guy making stuff up on twitter. Carry on dude.
Can someone smarter than me take a look at this NI 43-101 for listing on the tsxv. Where do you think we are (page 90)?
https://www.osc.gov.on.ca/documents/en/Securities-Category4/ni_20180307_43-101_mineral-disclosure.pdf
That is literally verbatim Ameca Mining's mission statement...
I'm not sure that's the case either. The August release clearly said STHC is merging with "AMECA Mining" unless they lied and want lawsuites for misleading investors. Schatzi is a separate entity at this time, but maybe not for long. Who knows.
Mark's email address went from @amecamining.com in August's PR to @schatziexploration.com with yesterday's.
Is it a stretch to think that he is referring to Schatzi when he says there is more to the AMECA Group than mining for RTO targets? Maybe it'll be rolled into the RTO with the mining operations is my bet.
AMECA = (Air Mobility Europe CAnada LTD)
Amecamining.com on 8/7/2020. It mentioned that it was split between AMECA Canada (Holding Company/Parent) and AMECA Lanka (Operating company).
Amecamining.com today (1/10/2021) states that AMECA Mining is the public arm of AMECA Lanka. Their LinkedIn profile also says that they are a public company.
Along with everyone else's DD, it looks like they have every intention of going public. Calm down bears.
https://pdfhost.io/v/VV8L9A8ar_PowerPoint_Presentation.pdf