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you always get a quick few sells either panic or hoping to get in cheaper but it not happening there being bought up buy others
Yep... can sell plenty at 4.1
looks like in aution
about to push up again
it's clearly in uptrend all sells being soaked up moving higher each day steadily
hopefully we will test year high of 4.80p this week
L2 looking very good for the next leg up
How about kiwara x 15 sites ? yes I agree fanciful and too much, OK half of that. :-)) lets get some drilling done first and "lift our skirts a little" as someone we all know once said .
Graham - 150m? No way would i take that
L2 - you can get yourself a rough sp sellout by looking at historic Mcap sales. Kiwara is the obvious one which comes to mind which sold for $250m, but their asset doesn't look anywhere near as good as Arc's. So as speculation, what figure might NvS let us go for? $500m? Now that'd be a healthy sp buy out.
I'd take it today, wouldn't you?!
Very true Fulmar we should set our own strategy and ignore the daily noise.
Graham, £150M is too low for NvS IMO. He already rejected bids and I imagine they wouldn't be too far off that amount considering the reputation of the area.
L2 - no not from SOLG. I have been in GGP for many years (which is working out to be a fantastic investment!) and was just chatting last night to the friend who originally told me about them back in something like 2015 and they mentioned ARCM to me. After doing some research I've taken a small position in ARCM this morning :)
Minimum transaction £150m
L2 Yes ,but I don't like posting figures on forums ,as it seems rampy, I prefer to stick with my optimistic observations.My minimum expectations are well north of here and I would not be getting family involved if I didn't feel confident.But then again this is AIM, GLA
Fulmar29 any realistic target for the company
As NvS stated last week, 15 targets within the license area which could hold multiple tier 1 deposits. How do you put a price on that when we're only working on the first bunch?
I reckon they'll be multiple transactions for different areas of the license, or an absolute whopper of a bid for the lot. And I mean bigger than £400M.
L2,it's going to cost them an awful lot more than that if they want it. Their BoD must be standing round the board table kicking each other up the a r s e for letting the area go years ago.And then kicking themselves again for not keeping NvS. :-))
Few hundred millions would be peanuts for Aa
Yes £40M but some II's are up to speed with the project and know what decent results will do to the share price with AA waiting to pounce. They'll be building now IMO.
He did.. i think he wants $50USD for starters
Just added again, buying money!
this bit of news made me added more
ARC tweeting againToday 07:25
Another tweet out
https://twitter.com/ArcMinerals/status/1290529306796490752?s=19
"We are sitting on a multitude of targets, each one a company maker in it's own right"
Didn’t he say 40 million market cap is when big players start to take notice, 4.20 p takes us to that
From those tweets, they have hit mineralisation no wonder management are excited
Only shares