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SeisNav
thanks for info
That should have been “can’t see” obviously!
“ The other side of the Kabompo domes region today houses three major multi-billion-dollar copper operations. We are convinced that our side of the dome houses at least one or more tier 1 deposits.”
If there are tier 1 deposits still to be identified on our side of the dome (and I think there almost certainly are), we have some of the key licenses both in terms of location on the lower slopes of the dome, where almost every other deposit has been discovered, but also in terms of geology. Not every license is created equal on the Copperbelt. I honestly can see any better ones than ours which still remain largely untested by the drill bit.
fulmar29
yes i am in with a few now... have to be patient, hold longer and learn to trust my picks... not technical but market person... also hedge. should have known nickle was going to be good but other things out there.
lets see where this one goes
Lucky to have bought HZM very early and now holding for production x2+=KOD caught a cold,sold but kept a few.The art is winning more than you lose,anyone that hasn't lost is a liar.
Been in Arc for years (like many others) and there's an awful lot more to come here with a news rich period "imminent".
fulmar29
seem to remember the name from HZM.... another share went wrong and sold out there... look at it now... KOD waiting for funding completion and shopping round with some others... demand for minerals not going away i think
Music,sometimes better to back what the majors back to get them back.Hopefully here now there is no looking back and we can all pat ourselves on the back..
fulmar29
looks promising and might even get back some of the % down on my AAL shares as well..
GLA
https://t.co/XiQKLbQ4Dm "On 20 April 2023, the deal was officially signed and made legally binding by both parties". "ARCM shares are now trading for less than before the JV was signed with Anglo."....! Not for long..! #Arcm
Seller finished here time to buy.
I read on a shareholder message board the other day that the transfer of shares is expected to happen in June, with shareholders in TMNA receiving 1 TIO share for every 3.3 TMNA shares held. If that is the case then we should soon hold 9,00,000 TIO shares. The interesting thing is, if you work out what each TMNA share should actually be worth it’s US$0.66, whereas they are trading at US$0.39. So anyone buying TMNA now would immediately be making a profit once the deal finalises. I wonder if that’s the transaction Nick was talking about… maybe Remy wants to buy more Tingo!
TIO has gone up very quickly from less than a dollar a share to over 2 dollars. At less than a dollar they (MICT) were at risk of loosing the NASDAQ listing, when it was confirmed that this wouldn’t happen it shot up in value. The shareholders still see it as massively undervalued so I wouldn’t worry too much about the current price (unless we need the cash!).
Didn't NvS say in the Webinar that Tingo had been doing well recently?
I took that to mean the shares had recovered
TMNA merged with MCT the resulting company is
https://www.tingogroup.com/company-information/executive-team
Directors from both Tingo and MCT
The ticker is TIO
How many shares we own after the merger I am not sure
Believe that there was a merger of two companies, a mobile company and a agri fintech company. We had 3m shares pre merger with Tingo? Now the new company has been completed? But I'm not 100 % sure if we still hold 3m or 1m of the new company? Do believe it's 1m of the new merged company? But would be better to ask someone else if true?
I'm still not clear either. There's Tingo Group (as you say, like a train) which were around 0.43 USD a year ago and are now 2.18. They are this lot: https://www.tingogroup.com/
Then there's Tingo Inc, share price $2.49 a year ago, now not so good at 0.39. that's this lot: https://tingoinc.com/
Seems to me from the description of the company that this is the one we're talking about, but it would be good to know one way or the other.
TIO is the ticker currently $2.18
Im still confused f79. The rns has that ticker (tmna) which is what the lower price is. The other tingo (tio) has been going like a train the last few weeks.
Help please anyone?!
Ah okay was looking at wrong listing lol. Had a baby for a moment
https://g.co/finance/TIO:NASDAQ.
$2.18 - Tingo Group (formerly MICT).
Worth 39c now?
Think ive found the answer from.previous rns...
In addition, Arc holds a US$5m secured loan note dated 19 March 2020 issued by Golden Square ("Loan Note"). The Loan Note has since been secured by the issuance to Arc of 3 million shares in a US listed company, Tingo Inc. (OTC: TMNA) ("Security Shares"), a leading agri-fintech business in Africa, which has submitted an application to list its shares on the New York Stock Exchange. Arc has today agreed with Golden Square to accept the 3 million security shares in full and final settlement of the Loan Note. The value of Arc's holding is approximately US$7.5m at a closing share price as of 27 April 2022 of US$2.49.
Which tingo is it ful? I can see 2 quoted companies.
Thx
It almost only trades by appointment. Try selling 3m no chance.
When Anglo signed the deal they took a risk. They signed a binding deal with Arc/Kopara when the licenses have not yet been approved by the ministry.
This surprised me because after all this time I fully expected Anglo to take the cautious approach and extend again until everything was tied up with a bow.
Why did Anglo do this? We will all have our own opinions
My view is that it was a calculated risk they were prepared to take to ensure they get a good six month drilling program this year.
Anglo have had ample time to do extensive DD on Arc, they know the licenses well having previously owned them and they must be confident the licenses will be approved.
By taking this risk, that they didn’t have to do, it shows just how much they wanted to ensure the deal went through and that they didn't want to delay their drilling plans
DEVELOPMENTS in Chile where the socialist government is looking at nationalising a sector of its mining industry are bearing out the predictions made over the past few years at the Mining Indaba by billionaire mining entrepreneur Robert Friedland.
The fall out is likely to be beneficial for African mining countries – in particular the Democratic Republic of Congo (DRC) and Zambia – as investors reduce their exposure to Chile and mining companies start to look elsewhere for new lithium and copper projects