Arc Minerals Share Price (ARCM)

I've been critical of this share since this the deal was signed a year ago - the deal that was supposed to finallise everything, but didn't.

Paradoxically I must say that today's news on Anglo is - for me - the best news there's been since then. I feel marginally more optimistic, despite yet another s/p fall.

There was talk a while back that Glencore were in the frame for a takeover. So might there be a bidding war? And if so, might the winner use the spare change to mop up the small fry?

The best outcome for Arc is surely a complete sale. Does this bid make it more likely? I think, yes. At the very least it puts a spotlight on major copper producers and the worldwide squeeze on deposits.

Another possibility is that a midtier supplier might wish to attach itself to the coattails of a major, whether BHP, Glencore or some other, by buying the 30% share (or, more accurately, the 66% of 30%).

If any of this happens, a takeout price would be nowhere near as high as we could have got years ago when the Exclusivity Agreement was signed - thanks, Schirnding.

But we must be thankful for small mercies which may come our way.

So thicky 1 more time you want to answer my questions, be easy for a man of your calibre surely ??

1p tomorrow? Will the selling ever stop?

Quite a few who were buying in over the last few weeks at "Bargain Prices" well that's what they said, i would imagine they are down about 10% now, every person who has invested here is now well underwater.

Wouldn't everybody's efforts be better placed to get NVS and his team to call it a day before this gets any worse?

Why is there no news? My guess is there isn't any, IMO the only hope for any change in the SP is down to AA telling ARCM something positive and that is unlikely, i don't believe they are in any rush to do anything.

GL most.

But sadly SpeshNeedsSimonLee1p when there is no news and the price sinks even further, you an your lickspittle gang will still be on here sprouting your utter laughable cr4p

Ok Simon maybe you can explain the slump from 8p-1.7p for such a dead cert and also why Arcm are lying about raises, that’s the second raise nicks denied would happen that has actually happened?

3rd time lucky simple?