Member Info for AIMtodeath

Its been going on for months...

Sections appear to be having new applications put against it this year, perhaps in hope it comes up for grabs.... Ir in this case sections, it is nit the whole thing. There also might be a deal were JV had to give up some area to keep everyone happy but Gov let them keep the areas they actually want to drill.

Give repeating 4p a rest GGG.... We know your trade.

Didn't they get a mining licence in Feb 21?

https://www.lse.co.uk/rns/EML/mining-licence-approved-for-the-khemisset-project-jf83469z912j0zs.html

Talk your book... Haha. Not the worst excuse I've seen today for why someone sold some though.

Despite no big ceremony reveal, the PR and front of stage the Moroccans afforded EML is very positive towards their opinion of EML and likelihood of an EISA seems more assured (despite any timings issues) than before.

I concur with Seis. Silver to gold equivalent is piddly.

Then ZERO... royalty. 2.5g/t big ask then.

Badly worded in they should put combined in the brackets otherwise the brackets look like the refer only to the silver.

Šturec JORC indicated and measured resource exceeds 1.5 million ounces of gold at a grade greater than 2.5 grams per tonne, including recoverable silver equivalents, MTC would also pay Arc a further AUD 2.00 royalty per additional ounce of gold, which would be capped at 7 million ounces.

A. Resource to exceed 1.5m oz

B. Resource is to be over 2.5g/t 'including silver equivalent'

C. 2 AUD per oz over 1.5moz 'including silver equivalent'

Resource defined as a GOLD resource of 2.7moz at 1.22g/t, however the silver adds 1.33g/t equivalent to beat the 2.5g/t minimum plus the silver adds 2.868moz of gold equivalent.

So actual full gold equivalent total is circ 5.6moz at total of 2.53g/t

5.6-1.5 =4.1moz x 2AUD = 8.2M AUD / 1.86 = £4.4m

G/t not %.... Doh

Scraped in by the skin of its teeth! 2.53%! Lower gold price or lower cutoff might have brought that under 2.5%.....I'm sure they tried... Ha.

Good chance for it to increase further.

As ARCM will not technically need cash very soon it may be in best interests to take shares as any further increase in resource will improve value.... Depending if valuation is pre or post this release to convert. Then looking at economics/viability of that resource etc to factor in. PFS to come, further upgrades to resource, infill drilling and DFS etc all to come that could enhance share values. Will they have the cash now, who chooses?

Obviously the old don't understand humour and take a things literally. Must be short as everything goes over their head.
New name for you anyway, Victor....

The infrastructure is for use by ALL Tanzanians and businesses in the opened up region, all part of being a trailblazer in a developing region. When Vale first went to Brazil they built electrical pylons and rail infrastructure now everyone uses it. Even her if you build a new supermarket you have to create new road layouts and bus routes to service it as part of the cost. You enhance local infrastructure. ACP simply is not big enough to push through these changes in Tanz, but BKT is and Gov are using BKT to develop the region that in turn helps others to flourish and create more jobs and income for the Tanz Gov.....

https://twitter.com/emmerson_plc/status/1654078415471869957?t=T8oCE8dVnUWg7at7XoyhMw&s=19

In good company....

https://twitter.com/tradegovAfrica/status/1654093749247528962?t=ioPbLGu_0xp83ZNi8q3_aA&s=19

Safe to say across the political dinner table this week Emmerson will be a topic of conversation amongst the peers that be.
Would SIAM give EML so much face time at events/talks if they are about to take a dump on their project? Think they'd have been sidelined, would be much embarrassment to have them so prominent at this UK centric event then dump on their most attractive project in country that would be the first and only major potash supplier in Africa???? But hey this is AIM anything can happen...

Korvet - I've been in other shares that I know non UK were buying and they cannot buy on a UK exchange direct. They put an order in for the full amount too, they can't break it down. They rarely get inside spread due to the brokerage getting them the shares...... Or possibly just a clumsy buy by UK buyer not breaking it down to market sizes, but there have been several of late like this.
For the average person GGG 40k buys at a time are chunky enough.

Tend to be non UK buyers.... Moroccans? Who knows.... Well they'll know as it happens....

What's his name Jesus!?.....

They certainly were not ready to build that's for sure.

was me. Just shuffling some more into ISA, couldn't do B&I with that one. Will have another 50k sell and buy in the form of B&I in the near term when broker does it, it will look like 2 sells however.

Seriously????

You go and force the Tanz Gov to sign the free carry. You force the banks to work faster and get BKT financed so that ACP can 100% rely on the change in Capex and changes to OPEX that can be fed into DFS for finance. I presume you want to have roads built on your behalf, electrical power from hydro and rail transport do you not? OPEX savings and ESG increases, those too?

There is no drilling to be done, no surveys, no drill core reporting etc etc. It is not a news rich kind of period. Those Geotech drills can not start until dry season, so around now.