Member Info for Aggr0memnon

http://ow.ly/Wpxs50K59JE

Tingo shares up 20% so far today, to $1.08.
Need to get to $1.67 to restore parity with the $5M loan note.

It’s a fortnight since Ruffles tweeted that the Casa money would be in “in a fortnight”, so maybe we will hear something this week ?

https://www.linkedin.com/posts/european-parliament_in-a-historic-speech-zambian-president-hakainde-activity-6946137707957936129-jOO-?utm_source=linkedin_share&utm_medium=ios_app

https://thebusinesstelegraph.com/2022/06/04/why-zccm-ihs-courting-of-copperbelt-energy-corporation-plc-is-strategic/

https://miningforzambia.com/meet-zccm-ihs-new-board-chair/

Thanks T72 !

Excuse my ignorance, but is there pre-market trading on AIM?

I just looked at the ARCM share price on the CNBC app, and it is showing as down 0.30, or 6%.

https://www.reliantmining.com/blog/latest-news-1/chambishi-metals-set-to-open-as-govt-vows-to-continue-working-with-trusted-investors-60

Hi DG,

I can only comment on the analysis time. From the arrival at the test lab each drill core would need to be segmented into, say, 50 cm lengths, so we are talking about a fair number of samples. The samples would then need to be ground, pulverised, blended and split into at least two portions - total sample prep time probably a working week if the lab is busy, but the job could be done in half that time. As for the analysis, previously this was done on ARCM drill cores by XRF as I understand it, and that is quick - a few days. But assuming a more accurate and comprehensive wet chemical analysis would be performed, you could still get those results within a very few days, even with, say, 100 samples. So from arrival at the lab, a motivated lab with no backlog could report within 2-3 weeks. Delivering samples to a lab in South Africa might impose transport and customs delays on top of that. Many moons ago, the NCCM labs at Chingola, Kitwe etc could have done this job well within two weeks, but of course time has moved on and they are now under different ownership to AAL. Anglo would, if they are serious, need to set up or buy back into proper test facilities in Zambia as mining comes closer, but for geological samples like this in today’s scenario it is probably cost effective to transport them to SA, so to summarise maybe allow a month for the analysis.

Check out two posts from bluegrass on the ZNWD board yesterday at 11:26 and 11:28.

Very nice reading in relation to world demand for Cu !

I’m old enough to remember the “Poseidon bubble” of late 1969.
Wikipedia has a nice article on it.
Just reading it gives me a nice warm feeling …

“Wait to see” ?

Just speculating and rehashing the obvious, but Anglo’s AGM is today between 14:30 and about 17:00 UK time. All routine stuff, including Resolution 21 which authorises its Directors to issue shares up to a given limit to help finance acquisitions or other unspecified future investments - the usual need to do this that comes up each year to get around the Companies Act. Seems to me that any issue of Anglo shares to sweeten a deal in the near future would therefore have to have been authorised in such a way. Just a legal formality really. Therefore, shareholders in any company expecting to be the subject of, say, a JV might be forgiven for expecting it to hinge on the passing of Res 21 later today. I’m starting to feel excited !

Then again, the ARCM SP might just as likely fall to 1.6 p on news that Putin has annexed NW Zambia, so it’s always a gamble ! DYOR

I don’t have a Twitter account but some tw*t who is deramping big time just posted something about not being able to float oxides. Granted, if you encounter native copper or basic copper carbonate (malachite) they are more trouble than they are worth, but afaik you can float oxides with xanthates, which wrap around the oxide particles and make them think they are sulphides. You then roast off the sulphur. As a result of seeing that post I just increased my holdings by another 280,000 shares…

I can at least dream … maybe I’m getting too excited looking at Anglo’s share performance and dividends …

Hi all, this is my first post but I have held shares for over a year and am almost daunted by posting in case I am thought to be posting on behalf of another entity. For the record, I am bullish about our prospects and am writing this on my own behalf !

I just read and listened (again) to the tweet on the ARCM Twitter feed with a specific short extract from the recent webinar. NvS said, when discussing our cash position, that the $2M and the expected $1.5M from the CASA sale, are BEfORE ANY CASH from the Agreement that is currently on the table. This says to me that the proposed Agreement therefore involves an expected cash infusion to ARCM instead of a full buyout. Not surprising at all, but there must have been a reason why that specific extract was tweeted. I imagine we might be looking at a special dividend, together with a SP appreciation, before too long.

Forgive me if .i am stating the obvious (I think I am) but I wanted to draw attention to whatever rationale or signal that is being sent in that specific tweet.

Best wishes