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Ella. Who mentioned lawyers? NvS isn't a lawyer he has simply reiterated to a fellow poster that it's nonsense.
Also slurms has summed it up imo.
Anyway, you wouldn't be happy if he did RNS it. You'd simply move onto more things of concern. I've said this before but if you have distrust move on. You'd be mad not to. It's fair enough to do that. Makes more sense than what you are doing ATM.
Also to clarify ARCM have already released RNS' twice about media speculation (inserted below).
They said the claim against Zamsort was bogus but also at a time prior to when ARC came on board.
Secondly they have confirmed that all of its licences are in good standing order.
If they've said it's bogus, and the licences are in good standing order via RNS, then they've covered it.
The fact we haven't got an RNS to the contrary means nothing materially has changed from the previous statements. NvS etc are busy trying to seal a deal with a major, complete the CE study and prove up the resources via a deep drill campaign and with all due respect they are not here to continually reassure market participants over the same things they've already dealt with.
10th March...
Arc wishes to inform shareholders that in light of a media report about a bogus debt claim made against Zamsort Limited ("Zamsort") relating to a $5.8m capital raise by Zamsort in 2015 (prior to Arc becoming a shareholder), it notes that the case is without any merit and is not expected to proceed following the withdrawal today of a key plaintiff. Zamsort is additionally launching an immediate action in the High Court of Zambia to dismiss the bogus claim as fictitious.
4th May...
Following the publication of an article in a Zambian newspaper on 1 May 2021 in respect of Arc Minerals' licenses in Zambia and its support of the local chiefdom, Arc wishes to clarify that all of its licenses are in good standing order.
You've never watched Better Call Saul.
The following phrase doesn't sound to me like a lawyers comment on a court case
" More rubbish - the case was actually thrown out"-
Ella.
The creation of the court case wasn't deemed worthy of an RNS (by ARCM), so I don't see why they'd treat it differently.
They did acknowledge and deny certain media rumours, but that was it
Don't get me wrong, I'd love it if we did get an RNS saying it's all a load of horse ****, but it's not to be.
All we're stuck with is a very opaque legal system and a probably dodgy journo.
F79,
They said the claim wasn't valid but if the court case had been thrown out then that would be something that should be the subject of an RNS and as this would be good news why would NVS not be shouting about it? SeisNav's previous post applies to misleading info be it positive or negative.
What questions Ritchie?
I've engaged with NvS and always got an answer.
Appreciate thats not the formal route and RNS would be better but he doesn't do those unless needed.
If I recall you said simply you have a bad gut feeling or something....narrow it down?
In terms of this issue that started with a disgruntled ex director MM, the company have RNSd that it's not valid already, they can't RNS everytime the same accusations does the rounds.
Beyond that we know Arcm are in discussions with majors, progressing the study at CE and within a targetted deep drill campaign.
Atb
Well i can assure you rio im not. Hope that settles your feelings...How easy was that? So why can't arcm do the same and reply to questions?
Ritchie,
I have a nagging feeling you are part of the cabal being incentivised to undermine the arcm share price. Perhaps I am wrong but the nagging feeling just won’t go away.
Lot of chippy noobs around today. The email must have gone around the boiler room for one last assault on the die hard holders. CB has lost his mojo, is repetitive and of little entertainment value these days so it's down to the back up FUD spreader team to try and rock the boat.
So by definition Fulofit youre telling me to sell up. When really you should just STFU.
Pipe down fulmar, everyone's heard enough of your perma-tripe
@Richie-you made your feelings public,so by definition,everyone's business,my suggestion (not telling) was because if your gut is telling you something listen to it ! I don't give a monkey's whether you sell up or not.
I will sell up when i feel its time to sell up. You or anybody else will not tell me what to do. You do not own this board we can all have our say and if my post has concerns then i am entitled to write that. I was seeing if others had the same so why dont you mind your own business.
well sell up then !
I have a nagging feeling that things are not right with arcm. I dont know what it is , maybe im just getting jitters having so much invested here but lack of updates and the feeling that things are going on in the background fills me with nervousness.