Arc Minerals Share Price (ARCM)

On the whole, I agree with that Tony is saying though. On the whole, derisking as the SP moves up is the way forward and what Tony is infering is you never know what might happen so why not take capital off if you're up. This is true in a lot of AIM companies.

I think ARCM is very different to most the rubbish on AIM though. We are funded with lots of good exploratory results over the past summers. We will have more money coming in next year through CASA. Anglo haven't suddenly decided they want in - they've been in the data room for sometime having previously held the license. No doubt they wanted JV but NvS didn't as this is not beneficial to us holders. We are in control of what happens on our license. Other majors have also been looking in, they've even enquired post-Anglo exclusivity (as per conference call). If Anglo don't give us an offer, we're not going under - we will just listen to other parties who want in. Sentinel is a relatively low grade mine - compared to our shallow oxide results which the team have stated are the best in Zambia - and that went for $260million. If we can keep drilling and proving up extensive copper mineralisation, I have no doubt those are the kind of numbers we'll be looking at when a transaction is being readied. That's what I think anyway.

Nothing other than anglo involvement. We aren't a distressed seller - quite the opposite. Anglo get to look at everything & can give us an offer - we don't need to accept it though. Sirius didn't have that luxury (not that I know much about them other than takeover).

Anyway, we are doing our own thing and we've got a lot to look forward too.

Having been taken to the woodshed, nice to see Cobalt coming back to life...up over 15% in past week.

SteadyD - What has Sirius got to do with here? Could you explain the similarities please?

Tony I agree. Sirius Minerals is one .