Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Check out #CMRS
£750k cap
Cashed up
Major news regarding massive partner see RNSs
It appears the first drill hole by Anglo 1000m deep intersected 4 stacked zones & remains open at depth.
Massive drill program about to get underway with continuous exploration work for the next 6 months spending millions (all free carried by Anglo)
The last two junior exploration comps on the london market that accessed this massive level of cash for this type of large scale drill program were SOLG back in 2016 when they raised $40m and as drilling got underway their SP flew up from 1p to 40p.. and then when GGP entered into their JV which free carried GGP on a equally massive drill program to prove up Havieron and that went from sub 1p to 37p.
If we have the makings of a Tier 1 size discovery here the share price here will do a SOLG/GGP style sharp move north as all the data gets released to market & Anglo are about to drill continuously for 6 months so plenty to go at.
I think once it gets going it will rise quickly and catch a few dithering on the sidelines out.
Might not even be news driven moves initially as we've seen with HEX over the past week (up 100% before a drill has even turned. Show what can happen once a bit of momentum gathers).
With the directors of ARCM all having bought heavily recently... I'm guessing they are confident :-))
Target 35p+
You do love a copy and paste don't you dear, proven to be incapable of formulating your own reply time and time again.
The games up mucker go concentrate on yot ladyboys xx
Atvb
Siuya.
The diamond drill hole was collared quite high up in the stratigraphy in the Nguba formation and intersected 4 stratigraphic packages and evidence of metasomatism with the intensity increasing with depth and more importantly provided evidence of fluid flow within this part of the basin where the hole was being drilled, initial indications from this hole.
And that's just the first hole drilled. The area is not only prospective for copper, but also for nickel, which to be fair is probably not unexpected, given that on the other side of the dome First Quantum are mining copper and nickel at present from their Sentinel and Enterprise mines respectively".
Give me ears to listen. Give me eyes to see. Give me FB!
So the reason Anglo collared their hole in the Nguba (startigraphic formation above the Mwashia) is to ensure that they intersected all the stratigraphies known to host copper mineralisation. I think NvS describing them as "traps".
Remember mineralisation permeates upwards from the basement of the Roan... as VC has stated:
"The diamond drill hole was collared quite high up in the stratigraphy in the Nguba formation and intersected 4 stratigraphic packages and evidence of metasomatism with the intensity increasing with depth and more importantly provided evidence of fluid flow within this part of the basin".
Would seem that Anglo stopped quite high up in the stratigraphy of the our Nguba formation at 930m down hole (See above 2019 RNS for positional reference).
Could also imply more mineralisation observed on the way down to the Ore Shale in the lower Roan (intensity increasing with depth). Could Anglo be looking to establish a basement default depth on the Roan?
Remember as you move towards the Domes Region, mineralisation can be found in much higher stratigraphy, given the age of the formation. Sentinel saw Copper and Nickel at 520m down hole within the Nguba formation (typical). We are now at 930m and still repeating traps of mineralisation on an increased depth.
This is MASSIVE and the potential is unreal given the size of the area... so a potential Tier 1 seems likely! I have always believed that to be the case!
Just to add credence to that statement… on the operational update NvS has now cunningly added the following reinforcement on the opening paragraph:
"Arc Minerals, an exploration company forging partnerships to discover and develop Tier 1 copper deposits".
This will hopefully be the reason why DW was requested to come to site by Anglo last December... study the mineralisation, especially the Copper + Nickel mix, adding weight to Sentinel's missing copper theory (fault line).
Right now I don't claim to understand Anglo's corporate strategy behind not allowing more information to be released... could be Anglo's way of having a silent corporate orgasm!
All I know is Arc has been gagged from releasing (printed) sensitive information without the written consent of Anglo.
YADDA YADDA YADDA YADDA
Why wouldn't you be quietly nibbling at ARCM here..?
£50k net money flow moves the SP by 9%...
Giddy-up.
Thanks PP. Volume still absolute peanuts, isn't it.
Just imagine what's going to happen when some deep pockets decide they need to be involved...
# Trades 161
Vol. Sold 20,649,961
Sold Value £363.18k
Vol. Bought 22,810,510
Bought Value £413.94k
Well known investor twitter bought in along with his followers mayb part rise today
You still flapping those gums TNR, shame ya Don't do it when your asked a simple question, enjoy the rise canptain t.h.u.n.d.e.r.c.n u t .
Jarvis:- "Good to see this is finally moving".
Its been moving ever since the JV was confirmed dear. Sadly in the wrong direction but its been moving.
What your charts show Jarvis??
Good to see this is finally moving.
I've done my bit to help by topping up just now.. if others do similar then 2p plus may easily be the new reality here very soon..
Well nice to see some volume going through, should flush out whatever is remaining of the placing.
Is this the AAL effect, the NvS CC effect or the FB effect?
A share price getting back in the 2'sp would represent a rebirth of sort here to me..
so roll on 2 p plus here very please..
...and thereafter momentum begetting further momentum...
….before it’s gone
Full ask paid there.....in cash
I can see some nice upside from these levels...took a chunk today :)
Not really Fulmar. I just like to peruse the board from time to time.
Reading how you longs ramp each other up into a frenzy worries me. Consider me as a type of care in the bulletin board community. Just trying to make others aware that following unbalanced posts such as PP’s should come with a wealth warning. That’s all! Anyway, back to my sunbed, Yamas!
Agreed and also Zack 5 mins in has spotted the interesting chart set up and upside potential https://x.com/share_talk/status/1787807104574882079?s=46
ARS has bagged off its lows. Copper price bringing momentum to the sector and ARCM one of the only shares yet to move.
I see that I wrongly tweeted that the Nguba formation is below the Roan formation when of course as has been pointed out it's actually overlaying the Roan. I think there's a bit of confusion over terminology though. I believe when Vasillios is talking about collaring quite high up in the sequence in the Nguba formation he's talking about at surface not at the end of the hole. The lowest stratigraphy they encountered was the Lower Roan at 930m so presumably this continued further down beyond the drill.
The diamond drill hole was collared quite high up in the stratigraphy in the Nguba formation and intersected 4 stratigraphic packages and evidence of metasomatism with the intensity increasing with depth and more importantly provided evidence of fluid flow within this part of the basin where the hole was being drilled, initial indications from this hole.
And that's just the first hole drilled. The area is not only prospective for copper, but also for nickel, which to be fair is probably not unexpected, given that on the other side of the dome First Quantum are mining copper and nickel at present from their Sentinel and Enterprise mines respectively".
Give me ears to listen. Give me eyes to see. Give me FB!
So the reason Anglo collared their hole in the Nguba (startigraphic formation above the Mwashia) is to ensure that they intersected all the stratigraphies known to host copper mineralisation. I think NvS describing them as "traps".
Remember mineralisation permeates upwards from the basement of the Roan... as VC has stated:
"The diamond drill hole was collared quite high up in the stratigraphy in the Nguba formation and intersected 4 stratigraphic packages and evidence of metasomatism with the intensity increasing with depth and more importantly provided evidence of fluid flow within this part of the basin".
Would seem that Anglo stopped quite high up in the stratigraphy of the our Nguba formation at 930m down hole (See above 2019 RNS for positional reference).
Could also imply more mineralisation observed on the way down to the Ore Shale in the lower Roan (intensity increasing with depth). Could Anglo be looking to establish a basement default depth on the Roan?
Remember as you move towards the Domes Region, mineralisation can be found in much higher stratigraphy, given the age of the formation. Sentinel saw Copper and Nickel at 520m down hole within the Nguba formation (typical). We are now at 930m and still repeating traps of mineralisation on an increased depth.
This is MASSIVE and the potential is unreal given the size of the area... so a potential Tier 1 seems likely! I have always believed that to be the case!
Just to add credence to that statement… on the operational update NvS has now cunningly added the following reinforcement on the opening paragraph:
"Arc Minerals, an exploration company forging partnerships to discover and develop Tier 1 copper deposits".
This will hopefully be the reason why DW was requested to come to site by Anglo last December... study the mineralisation, especially the Copper + Nickel mix, adding weight to Sentinel's missing copper theory (fault line).
Right now I don't claim to understand Anglo's corporate strategy behind not allowing more information to be released... could be Anglo's way of having a silent corporate orgasm!
All I know is Arc has been gagged from releasing (printed) sensitive information without the written consent of Anglo.