ASPXF: FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

is this what it will do when it takes off. I ve got 10,000 shares of ASPXF for sale @ .009. Maybe if i hold they will rocket up!

ASPXF is on the greys (grey sheets)

Aspire Mining is one of the most traded stocks on the ASX today
12:55 11 May 2018
The company was the second most traded company by volume after midday.
ASX and green up arrow
Shares have tripled from their low of 0.6 cents about one month ago
Aspire Mining Ltd (ASX:AKM) is one of the most traded stocks today on the ASX by share volume.

Just after the midday, over 44 million shares in the company had exchanged hands on the ASX.

Shares in the company were also trading up 12.5% to 1.8 cents.

READ: Aspire Mining receives speeding ticket from ASX after shares surge 25% under high volumes
During late-April, the company received an ASX price and volume query after its shares surged as much as 25% in one day.

The company’s principal activities are the development of two coal projects in Mongolia.

Why can’t I buy any shares?

what is this a shell company ?

Or has price discovery mechanism waking a market up to three teirs of company makers ?

Nuurstei
NR
Ovoot

It was forgotten. Now there is a consciousness .

And all three projects have plenty of work under their belts to layer speculation value . Each get closer to derisk boxes .

Bring me a thousand StevenJDs who still see upside - and didn't know about this yesterday - and they will still want in.

What price they pay for it - will depend on how many pip traders there are - and how many see the coming of hundreds and hundreds of millions in EBIT that previously launched this to 600m mc

Boxes get ticked that make Nuurstei , NR then Ovoot (20x Nuurstei ) get valued, seats on this train to longs who recognise where the FMGs came from .

This low Capex / simple coaking coal operation - mega dollar maker - is more real than complex minerology and concentration plants that nicol -cobalt - copper refineries require at prohibitively high Capex .

Keep it simple

ASPXF
As @stevenjd pointed out AKM had a previous market cap of $600m which was based on the sheer size of their resource and coking coal prices at all time highs which underpinned the assumption that their proposed railway line would be fully funded. Coal prices soon after were the first to be smashed in the commodity price down turn.

Since then coking coal prices have recovered substantially, China- Russia trade relations have grown exponentially and potential war conflict has been significantly reduced in the entire region.

If funding is sorted for the railway line AKM imo will be back to similar all time high valuations.

IT WILL , MARK MY WORD!

Aspire Mining receives speeding ticket from ASX after shares surge 25% under high volumes
10:30 24 Apr 2018
Management said that it wasn’t aware of any information concerning it that had not been announced to the market.
Picture of arrow trending upwards
Investors could be buying into the stock ahead of potentially market moving news with a feasibility study pending
Aspire Mining Ltd’s (ASX:AKM) share price surged 25% on Monday under record volumes.

The company’s principal activities are the development of two coal projects in Mongolia.

In the absence of any news relating to those projects, the ASX has queried the share price spike.

High-volume trading
The ASX pointed to the intra-day high of 1.25 cents, up from the previous day’s close of 1 cent, implying a gain of 25%.

Drawing further attention to the group was the fact that more than 60 million shares were traded compared with average daily trading volumes of 2.5 million shares in March.

Aspire holds no explanation
Management said that it wasn’t aware of any information concerning it that had not been announced to the market.

Consequently, this could be a larger investor taking a sizeable position in the company ahead of some potentially market-moving upcoming milestones.

Aspire is preparing to bring the Nuurstei Coking Coal Project in Mongolia's north into production following the completion of a feasibility study.

i did not even get in the first place, but this time i 'm fully loaded n ready to ring the bell, k ching! .007 is my average . still trying to get some more. MEET YOU @ .20

When it went up 32,000% were you able to sell any?

ASPIRE MINING : AKM (ASX) TRADES @ .012 While its US OTC IS @.0001
Adjusted for currency PTSXQ is a steal if you can get it even for .001.
the US price will adjust when the whales come back. Make a bid you might just get lucky. The last time it did ,ASPXF went up 32,000% in one day.

so again, the way i see it, in a very much guesstimate manner.

Nuurstei = 1m tpa = maybe 25-30m profit margin ??

Ovoot = 10m tpa = maybe 300-400m profit margin ?? (assuming rail reduced opex)

there is a ball park, a 10 x magnitude between the two projects.

Yet, just Nuurstei, has the numbers for a low capex start up, imo to see say 6x earnings ?? = 150m mc target.

Can Ovoot take us to 2-3 billion MC ?

We need feasibility numbers to get a firmer picture, and take the guess work out, but the size, and mc / earnings/ capex to get it going, metric is incredible imo.
INVESTMENT OVERVIEW
Aspire Mining has numerous share price catalysts on the horizon
09:15 18 Apr 2018
Studies indicate that the Nuurstei project could become a competitive near-term producer of coking coal.
Picture of coal coming off conveyor belt
INVESTMENT
OVERVIEW: AKM
THE BIG
PICTURE
Drilling results, resource upgrades and the results of coal processing trials are potential share price catalysts
Aspire Mining Ltd (ASX:AKM) has two key assets in Mongolia, the wholly-owned Ovoot Coking Coal Project and a 90% stake in the Nuurstei Coking Coal Project.

Ovoot is a world-class asset containing 255 million tonnes of coal reserves which makes it the second largest coking coal project by reserves in Mongolia.

The reserve is largely from a single large open pit mine and supports a 21-year mine life producing up to 10 million tonnes per annum of ‘fat' coking coal.

This is sought after in the Chinese market due to its blend carrying characteristics and the ability to improve coke quality when blended with lower quality coking coals.

Making progress with rail project
The commencement of production from Ovoot is planned to align with the commissioning of the Erdenet to Ovoot Railway.

Aspire only announced last week that it had entered into a new memorandum of understanding (MoU) with

Chinese giant recommits to Aspire coal rail plan
Matt Birney, ASX Listed public company news as it happens SPONSORED
Monday, 16 April 2018 1:18AM
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
Aspire Mining’s ambitious plan for a Mongolian railway line to unlock value in the globally significant Ovoot coking coal deposit in that country has taken another step forward, with the company entering a new memorandum of understanding with its giant Chinese engineering partner.

In an update to the ASX, Aspire said it had signed a new MOU with China Gezhouba Group International Engineering Co (CGGC) as part of an official program of 35 new infrastructure agreements between Mongolia and China.

The program was the centrepiece of the first official visit to China by Mongolia’s recently elected Prime Minister.


Under the new MOU, Aspire and CGGC agree they will continue to work together to finalise a feasibility study on a 550km-long railway running east from Ovoot to the railway hub town of Erdenet.

CGGC, who is 40% owned by the Chinese state, last month delivered a draft feasibility study that found it would be financially viable to construct the railway line. A target date of next month has been set to finalise the study.

Rather fortuitously, Aspire’s railway plan has been caught up in bigger ambitions by China and Mongolia to build a Northern Rail Corridor as part of China’s Belt and Road Initiative to develop trade throughout Eurasia.

This has helped Aspire pick up heavyweight partners such as CGGC on a railway line east from Ovoot and attract interest from Russia in building a line westwards to the Russian border.

Russian rail design group Mosgiprotrans last month signed a deal with Aspire to study the feasibility of running a rail line west from Ovoot to the town of Arts Suuri on the Mongolian-Russian border and then on to the Russian city of Kyzyl.

While the Russian government has yet to declare support for the project, Aspire noted in its latest update that the Russian Ministry for Rail had asked to review the Ovoot to Erdenet proposal.

The company added that the new MOU between Aspire and CGGC recognised that both parties were interested in attracting investment by the Russian and Mongolian governments.

The new MOU also confirmed CGGC’s interest in funding pre-development activities for the project, subject to a guarantee the Trans-Mongolian railway, which runs through Erdenet, will have capacity to take Aspire’s coking coal north to markets in Russia and south to the steel mills of China.

Aspire reiterated that Mongolia’s central rail authority Ulaanbataar JSC had confirmed its forward planning estimates included capacity demand from Northern Railways for production from Ovoot.

As part of the new MOU, Northern Railways has committed to enter into a lump sum turnkey EPC contract with CGGC by the end of November 2018. Aspire reported the EPC contract would be subject to funding for the project, which, if available, could allow construction to begin in the Mongolian spring of 2019.

With China and Mongolia already urging them on and Russia peering over the wall, Aspire has no shortage of potential heavyweight backers for a project that could transform the company into a world-class player in coking coal.

Awesome! Thanks, I'm gonna have to digest all of this.

One Belt One Road (“OBOR”)

The One Belt One Road
project is arguably the single
largest investment initiative
globally.

OBOR is the “crown jewel”
of Chinese Gov’t Policy
designed to boost trade,
connectivity and take
advantage of latent industrial
capacity. Mongolia in a
prime position to participate.

Erdenet – Ovoot – Arts Suuri
– Kyzyl included in One Belt
One Road as the Northern
Rail Corridor in June 2016.

Provides an efficient path for
China/Europe trade and
unlocks substantial coking
coal deposits in northern
Mongolia and Russia’s
Tyuva region.
Map of Northern Corridor
16
Aspire Mining Limited Investor Presentation
Ovoot Project Highlights
Ownership 100% Aspire Mining Limited
Run Of Mine (ROM) 255Mt(1)
Life Of Mine (LOM) 21 years
Total Saleable Product 188Mt
Coal Type* 100% High Quality Coking
Coal (“Fat” Coking Coal)
Average Strip Ratio 7.7 BCM waste/t coal
(excluding pre-strip)
OPEX(2) US$83-93/t FOR China Border
(first 5 years)
Initial Production Up to 5Mtpa
Capex(2) US$144m inc. contingency
Production Potential Up to 10Mtpa
17
*The Ovoot product is capable of upgrading existing Mongolian thermal,
oxidised and low quality coking coals to saleable coking coals and is
therefore of significant strategic relevance.(3)

Aspire’s Ovoot Coking Coal Project in Northern Mongolia
is the country’s second largest coking coal Reserve, after
the Government owned Tavan Tolgoi Mine.

A Mining License (MV 017098) over the Ovoot Project
was granted in August 2012.

Aspire plans to develop the Ovoot Project during
construction of the Erdenet – Ovoot railway with first
production to coincide with rail commissioning.

Initial production from the Ovoot Project could commence
at 5Mpta, mining a high proportion of low ash bypass coal
– with upgrades to infrastructure, the mine is capable of
producing up to 10Mtpa of high quality coking coal.

While large scale development requires rail connection,
there are smaller scale development options possible
once the Nuurstei wash plant has been commissioned.
Ovoot Project

What can you tell me about Aspire Mining?

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AMEN!