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Gall, funky is hit and miss , he got into arb when others have been talking about it for years.
What is the share your talking about ? Will have a look as I want to research myself
Lit.
Check out funky finance video. Potential 7 bagger. Simon thompson from investors chronicle tips it.
New fund for 300m usd will close very soon. The market commentators know this is big news and it will get a boost post rns
Cool , I have glaxo and bp
Akhtar- I have hzm and rmm. This is my main holding.
Have a few thousand in both rbd, ujo for upcoming west newton and wressle news (uk onshore oil/gas plays).
Longfellow/Marco
I’m hoping this is my first multi bagger. I missed out on arb, it’s too volatile for me missed that at 5p I bought higher and doubled my money but lost some of that being greedy.
What else are you looking at?
akhtar/longfell
I too have sold quite a lot of my shares in eua from 2p to 5p and ggp from 4p to 7p. Very annoying as would have made more money by being patient.
Arcm is my No.1 investment and will not be selling these anytime soon. Still have EUA and GGP as my No 2 & No 3 largest shareholdings.
If there is an extension heaven for bid,lets hope its a very short one because AA will have been here a year come July,otherwise let them join the queue
End of May sorry
@Orowe, I think they said around the end of this month as it was still a bit rainy. A bit like here then.
Ella just listened and he said they’ve appointed a new driller and expect them to start in the ‘next few weeks with 2 rigs starting at Fwiji’
So would imagine prior to end of June max.
My sentiments entirely Akhtar. I had 1.5m shares in eua at 0.4p. Like you didn't have the patience and sold at 1p. It was a b@stard of a share as it used to spike and then drop. Happened numerous times. Well like they say the rest is history. I am determined not to let that happen here. Also I have a much bigger stake here this time round.
We are in no rush to sell longfell, I want to see and hear more about the plant at Cheyza east. Anything else is a bonus for me, if news drops.
I am invetsed here and not looking to trade, i will hold if pull back as we believe we have a lot of copper and selling out of frustration has already kicked me badly on GGP when i invested initially in 2013 and sold out around 2017 ( i doubled my money, missed out on 120 bagger lol) If i held out for 1-2 more years i would be laughing, i had £5k invested around 0.3p level.
Hi Ella, I’m sure they said in Ic drilling to start in about 2 weeks. I’ll have another listen a bit later and confirm back
Hi Orowe,
How did you conclude that drilling starts this week - not disputing it - just curious.
I'm still pondering the line kms we are flying. I would have thought to complete the collection and analysis will be a significant period of time but there may be some areas they are already happy to drill. I would be happy if someone could confirm my sanity with regard to the size of the survey. To follow this size a survey by a mere 18 drills for an asset we may divest is odd. OR are the 18 holes just to validate the survey rather than prove up resource? Do AA have their own assay access - at one stage they had some sort of lab at rig setup on trial.
Personally optimistic a deal will be done prior however not fussed if it exceeds slightly as long as accompanied by something along the lines of ‘deal agreed in principle with final figures to be agreed pending latest drill results’
It’s extremely likely AA will have boots on the ground at the drill site regardless of if deal is done on time.
Drilling to commence this week I believe so once the bit starts turning would expect enthusiasm to gain momentum.
@Akhtar- yes I'm in agreement. I feel AA came up with a bad deal which has led to us drilling deeper to prove we're worth a lot more than they're offering. Perhaps as Ella has said AA are doing the drilling or at least involved with the drilling in return for first refusal on any revised deal pending good results I think this obviously leads to an extension which also explains the low sp at the moment.
Well it could be of the Zambia assets and could split the rest into the shell company going forward.
I thought we might, but this board are confident they own a lot of copper and any price now would really represent its true value, unless AA offer us a deal we really could not pass on.
I don't think a deal will be done by the EA deadline now, i think it will be extended. If we get a deal before then I will be surprised, I just dont think we will get the exploration drilling assays back on time.
I was thinking the same Akhtar that it would probably be a full take over but why not it would be the best solution imo ,unfortunately I don't think it will happen
Hi Tom,
Offering shares from AA would be a good idea but only would expect that from a full takeover and think people are gravitating away from that idea.
I like what AA are doing as they are looking to become more efficient and reduce their cost base to c $2.5 - $4bn a year from 2022. so buying us and developing would be a drop in the ocean.
They are surveying a large area and that is after all the soil analysis and previous surveys. There must be convincing evidence that we have 2 very large systems.
Maybe they will offer AA chares in exchanged,their dilution would be zilch
The drilling is to force Anglo's hand...
They will get the cheque book out before the assays arrive...
Not long to go here .....
1.565 m shares
During the latest IC Vassily said some of the 18 deep drill holes were in areas not drilled before, he mentioned one NW of Cheyeza. Just looking at that map there appears to be a red/orange dot in that area that may well be the target he refers to.
@Ella10
The circumference of the earth is c40,000Km - so i reckon it will be the smaller figure (still a very large area though !!)
IMO ATB Shorn