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if as widely reported by reliable sources that copper prices are "expected" to rise significantly, why dont you supposed investment and copper experts instead of putting your money into highly speculative ****e aim mining shares just buy copper futures?
interesting eh?
anyone brave enough to offer a sensible answer without abuse?
atvb
tnr
xxx
Yes it crossed my mind that Anglo would do well to crack on and produce some promising cores as the buyout negotiations develop.
An early start for the brains of the outfit this morning, possibly been up all night compiling an answer to my questions???, I have noticed you guys seem to be as efficient at digging up the past with no real factual contributions as most women........ impressive.
If Anglo is to/can survive as an independent, observers say it will need to tidy up its portfolio pdq.
Three significant developments could well occur and take place much faster than anticipated because of timing now: two of these are well publicised the third less so.
Spinning off/selling de Beers
Accelerating Woodsmith's JV investment being led by RBC and....
Driving/announcing/flagging up one or two significant copper deposits in Zambia.
The first two could each comfortably add $3-5bn to Anglo's mkt cap and a prospective tier one or a couple of meaningful tier 2 deposits in Zambia could add a not dissimilar figure as well...
Citibank believe Anglo's current copper assets are alone worth Ā£30 a share, cĀ£5 a share more than BHP's total offer.
Add in the above three plus other developments Anglo can accelerate we could have Anglo back to cĀ£40 plus a share in value. And those Zambian assets.....NvS must be purring this w/e.
Yes, you're right he doesn't very often contribute anything even remotely truthful. More importantly the failure of the board to act professionally and capably is a much bigger issue for ARCM shareholders than the current and/or projected price of copper.
It's quite clear from the failure to say anything to the market about the complete Tingo fiasco (and what an absolute debacle that was) that the management have nothing but contempt for the market and their own shareholders. Someone should be taking accountability for the complete disaster of losing $5m in liquid balance sheet assets, but as per usual there is a deafening silence from the "executive chairman" whilst he and his board friends continue to milk almost a million a year out of the company. Had they not completely screwed up the Tingo situation, there would likely have been no need for a raise recently.
Which leads to the KCB - it doesn't matter how bad the drill results are, it has one very useful purpose in providing justification for management to keep drawing their ridiculous salaries. So the KCB will be drilled for the forseeable future.
Anyone interested in an ARCM investment, should research the "executive chairman" here and his history at Bumi (the only real leadership role of note which he's had) and the utter disaster that was. Nat Rothschild, as a major Bumi shareholder, had some interesting insights to share in public about NvS's (lack of) suitability for a leadership role. None of that is me putting a spin on things, it is all in the public domain and very easy to just Google and research for yourself - I strongly recommend doing it before investing a penny in ARCM (mind you, at this rate, a penny will buy you a share! So much for all those 10-20x fantasies of the rampers from 2021 was it, it's been so long I forget!)
Wow Fullers congratulations, this is indeed the first time ironically you have posted something that is indeed (PARTLY) true!!
The price of copper and indeed potential takeover of AA have at present absolutely no relevance whatsoever to ARCM as to date the nearest they, or the shareholders are to copper is the odd few 1p and 2p coins that lurk in their pockets or collection jar!!
ATVB
TNR
XXX
Well TNR for 1 is a veritable font of knowledge I trust his clear and concise answers to questions implicitly.
So I will be joining you on Monday morning.
I've just been sent an early copy of a disturbing article being published on Monday by Bloomberg" which we all need to read and digest.
"Why Arc trolls say the price of Copper and mega movements and takeovers in the market mean absolutely nothing !" Apparently the contributors to the article have all made strong logical arguments and Reuters and Bloomberg agree the chances of success are non existent"
That's good enough for me, I'm selling up on Monday.
Charltons finest day ;(
Tbh Tony I had expected a drilling programme to have been announced before now. Soubdded like they had a plan in place, or were going one up, ages ago.
They need to spend a lot of dosh for the agreement so at some point they'll have to go hard at it
I remember when SOLG hit 72p
FA CUP
Lots happening Tony. Ps is 1947 your birth year ?
I will give it a month.
Now the rains are ending.
Is it too much to ask for a drilling program?
Those who bang the drum for this share, would you agree?
I remember back when SOLG got their $40m cash for exploration drilling and the SP went from 1.77p to 45p+ in the space of months as drill result after drill result after drill result kept landing and pushing the SP higher and higher as it became clear they had a Tier 1 discovery on their hands.
Looking for a similar outcome here over as drill season gets underway with AA deep pockets.
Probably the biggest copper drill program to be seen in the small cap space since 2016.
Indeed PP ticking up nicely to just a tad over 1.65p bid!
Shame I dont know how to display huge rocket on way to the moon!
ATVB
TNR
XXX
...and nothing but dry sunny weather in Zambia in recent and coming days
SP ticking up nicely now.
The time for trading is over.
Hold onto these Copper Tickets tightly.
RNS next week with a potential Globally significant Tier 1 discovery up for grabs!!
š š š
Is there a date set for it?
IF people on here are to be believed, then there really doesn't seem much point in bothering to ask questions of Schirnding, who supposedly told one person her there would be no raise - about 48h before they did a large raise! Perhaps those bothering to ask questions should insist on a close up view of Schirnding's mouth at the time, so they can see out of which side he is speaking!
Https://x.com/InvestorMeetCo/status/1783836361415373082?t=5o0Lf_VIpjNfkdRnauDOug&s=08
Hope you've registered TNR, who knows you might be better at asking questions than answering them ;).
Posturing, of course, to up the initial offer.
https://www.morningstar.co.uk/uk/news/AN_1714113446210582100/top-news-anglo-american-rejects-opportunistic-bhp-takeover-offer.aspx
Well well well