The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Yes I saw that.. perhaps the two holes are on the periphery of the targeted zone...
The rest of the holes could be very interesting!
https://mobile.twitter.com/ArcMinerals/status/1307944082648559616/photo/3
The box of cores ARCM posted on twitter. Dont know if anyone noticed the writing on the crates? These cores are not what we recieved today and they do look rather bumper.
"showing some continuity over a 1000m distance" NvS UPOD- meaning with infill drills this may prove up to be over 1km long (depth and width as yet not tested).On 1 site alone.
This RNS will stop the rot and lead to a steady climb back to 4p imo. Only issue I see with it is "look forward to a very active reporting period over next the few weeks."
See you next year then.
My thoughts exactly as it is only 8 weeks until christmas. For LTHs it is the endgame that matters and a takeover share price by AA of 20+p would be a wonderful christmas present or an early new year present on 14 Jan 2021 (6 mths from AA exclusivety agreement)!!!
Finally some update....although looks positive ( and confirmed we are certainly onto something good....) we are pretty much at very early stage and much more to do before count our chickens....not expecting fireworks based on today news, but feel much more comfortable to keep holding, I think 2021 could be very exciting and hopefully rewarding....
GLA.
The lack of movement of the share price after this news is frustrating but it is a strange market. Cash is king and it looks like the market wants to see the Anglo deal before re rating the share. Perhaps some think that AA will get it on the cheap, not saying it will happen but it may be a concern to some.
From an investors point of view our investment is even more de risked. The value of the companies assets are worth more today than they were yesterday.
I think this news also almost guarantees that AA will take up their option and extend the exclusivity agreement.
Strange times with the US elections upon us as well but we may see sustained buying from here on in after this news is digested.
Finding out from Nick what the situation is with lab delays would also be useful.
"lift our skirts a little" is a phrase NvS once used. Today's oxide grades look widespread and commercial and then the sniff of 7% sulphides is a tease.Add the new Zam banks NED to the equation and news before and after the AGM, may show the recent visual core assays.GLA
Someone doesn't like these results or the RNS yesterday. The SP has dropped lower and lower since then. At 3.6 its as low as it was in July. Yesterday there was a large sell, which todays news doesn't seem to be able to mop up. Disappointing and also concerning.
How long is it currently taking arc to physically drill a hole? Trying to gauge when next results might appear.
Brilliant news and at around £36m market cap Fwiji is worth multiples of that on its own.
Muswema must look good as well for them to send out another rig straight away following the soil samples.
I hope Nick is going to do a couple of telephone interviews.
Rig has been deployed to Muswema as a priority target for immediate drilling
We are the market.... I will add
o Rig has been deployed to Muswema as a priority target for immediate drilling
Fabulous results and more to come.
Would be interested to know when the last hole was drilled at Fwiji. I thought the plan was to drill at least one other target contemporary to Fwiji, although soil assays may have delayed that move I guess. Still, what a great Friday!
Awaiting return from the Lab
Is it me but 20m to 30m intercepts at or above 0.5% at relatively shallow depth indicate strong possibility of an open pit operation being feasible? Throw in shallow higher grade intercepts will boosts overall likely head grades.
... and much higher grade sulphides at depth of 150-200m again point to an viable open pit operation
AIMHO APR
doubleup - so where are the other 8 results then?
What will it take to move the bloody price to new found heights? It is a huge step in the right direction and another opportunity for those with confidence to load up at these silly prices.
Very nice RNS ... continuity over 1000m and grades in excess of 0.51%. Sentinel would be happy with those grades and scale!
They’ve confirmed geo, mineralisation and continuity.
Top news, what we have wanted all along. Time to shine Arcm.
Haha nice try miagi
These are 2 out of 10 results, deeper are 1000m apart, this is huge
Anyone care to explain, other than in superlatives, why this RNS is such great news? The assays provided for the two drill holes are not particularly impressive imo.