George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
NtM, I am not sure about that but AIM does set a very low standard. The regulators need to insist that existing investors get the same rights as the new friend and family investors. Despite owning ARCM I havent followed the ARCM bb for a while -too toxic - but the warrants are taking the p*ss.
That's probably more likely.
Fire Fox in the first
My Tip for the day 16.50 Bright Legend EW bet
HZ. The usual case of shaft the PI. Investing on AIM is largely a waste of time. ARCM has the geology in NW Zambia, they do the talk in the podcasts, no new funds required etc, then issue cheap shares and hand out warrants like confetti. Thr "derampers" get a hard time on the bulletin boards, sadly they are invariably correct.
..... and maybe having a hoot there with Nicholas Von Shirnding - ARCM Exec Chairman- at us the mugs that are dumb enough to be shareholders in their companies :-) (As unlike as it sounds by name, granted.... I wonder are those two related in some way !)
You can't be remotely sure about that Fosters...
......CB could equally be in a Corporate Box at Cheltenham smoking Cuban cigars and drinking large XO cognac !
I'm looking at a house tomorrow, I'll need to borrow more than I wanted because of CB's "tie a bow around it " bull shyt.
Get the drill out and the SP up old man.
CB is on the beach smoking Cuban cigars and drinking large XO cognac
A kick in the teeth for the Arcm investors, but can only once again offer a polite reminder that over this side of the fence, up to $15m will be guaranteed in staged payments up to Q1’27 to certainly keep the candle burning and to advance the remaining assets so should underpin a level of share value if things get worse globally before improving.
No it doesn’t guarantee there will not be a raise down the road, but if there is, it will be for a genuine growth opportunity toward a major development or exploration programme rather than out of the necessity to.
Also leaves Xtr in a position to pick and choose any new small to medium scale opportunities. How many of our peers are positioned for M&A activity to add to their portfolios?
I see the share price is inversely linked to the the price of gold. Ah that would be King Midas in reverse at work. Nice work if you can get it.
Andrew,
Do you have any tenuous links in the renewable energy industry?
When I saw that Roy Slater picture it reminded me of this...
https://youtu.be/AI5575oYLtg
I hope this wasnt similar to the negotiations between CB and MMP re manica income. :)
I wont say who is CB and who is MMP - but you probably can guess :)
Jezzoo
Excellent shout Jessso, in fairness
OSV is more of a Roy Slater.
https://en.wikipedia.org/wiki/Roy_Slater
If it's the B in OSB you're referring to Mr Zap re questioning parentage, it's B as in Old School Boycie (not Bird)
(If/when you do go on the Bird payroll, I'll have to assign you an Only Fools and Horses nickname too btw Mr Zap.. I'm leaning towards Mike the Barman at the Old Nags Head for you.... but far from sure ... and still plenty of characters from it to assign to the Inside gang too... if it ever came out in the wash that whichever posters here were in some shape or form on the inside ..
eg 1 I'm reserving Uncle Albert for Captain Bob, just in case :-) ..
eg 2 With some of her model derived valuations for Manica, I was briefly thinking Cruella had a chance of being invited inside too.. but even Mr Colin D Bird wouldn't be able to keep a straight face in presenting those valuations, I soon realised .... and Manica is now sold too ... so I doubt she'll get invited inside now.. if she had been.. early on in her time here, Cassandra would have been a possibility.. but Marlene felt more apt as we went :-)
From GM, I got impression we will get substantial news April, before then possibly an additional licence in Zambia, (or elsewhere sourthern Africa), may pop up
I suppose when CB needs to raise funds he will start the banging the jungle drums. Otherwise the SP drifts downwards as most CEO’s let happen ready for next raise as it’s attractive to lenders to forward sell.
In the meantime the PR team can enlighten us on the virtues of the next ambulance chase.
😂 I’m lucky in that I can virtually live wherever I choose
Hey MtM are you questioning OldSchools dubious parentage now?
Keep em coming my friend 👍
If you hear a knock on the front door soon Mr Zap, it might easily be CB's mate OSB visiting to tap you up to come on pay roll :-)
If it's middle England you live in - Nottingham ringing a vague bell .. but have had a few sherbets .. - then CB will send apologies for not doing this visit in person.. but he'll have an engagement at Newark or Nottingham racecourse that day, purely coincidentally.
Forget about you being 'Colin's Bird' .. Colin's Birdy is a better trade !
>>> I still think there may be a better chance of success on Arc area than ours as AA are overseeing the drilling.
CB mentioning it may well be one of other drillers that make a find first, he likely has similar thoughts to have mentioned it. If so, would no doubt heighten activity to merge with or acquire these relatively unexplored areas. One thing I could offer on the Xtr Arcm debate is that we know xtr have an initial 55% interest increasing to 65% if the exploration buy in criteria is met. Are investors considering how ARCM are positioned in their JV in comparing with XTR.
Unico Minerals hold 30% interest, a 67% subsidiary of ARCM. The remaining 70% retained by AA. So would surmise ARCM actual interest is circa 21% is that right?
But also on top of that is that xtr will not be at the mercy of a controlling partner and are going to be calling the shots themselves on direction, budget and timeframe.
I do appreciate the benefits of the ARCM deal being potentially less risky to shareholders so as always I guess it could come down to personal risk aversion.
Play away? Like GLR eh?
HZ
Fair enough. I was being a tad flippant with my "hope" comment re our drilling
I still think there may be a better chance of success on Arc area than ours as AA are overseeing the drilling.
( I say "ours" as I am still an xtr man but occasionally "play away" for a bit of fun and excitement :)
I recently started buying Glr, they have a good number of ongoing projects that seem advanced. I did think Andrew would also have a few of these as well !
Thanks HZ. I did a lot of research on the area before the XTR and GLR deals. Since then I haven't paid much attention as my copper plays have been dead in the water. Even reading the bulletin boards on ARCM etc too depressing !. Eventually I think the region will come good. But with the economic situation in China dire and the US increasing its national debt by 1 triillion dollars every 100 days, I still wonder whether there will be a 1929 style economic collapse - hope I am wrong !
Some punter on the AA board quoted that something like 7 out of 10 of AA's most prospective targets from all their legacy drilling in the region were within the licence area ARCM had gotten ownership of.... hence why AA JV'd with them, I expect ,,.. but anything can happen in this game, I get..