Member Info for AIMtodeath

I 'believe' I as in I am aware of some first hand information that would link the 2....fixed it for you.....

But given my previous posts with no ill directed at you, your last post just shows you cannot give it up.... it is a character trait, now everyone can see it. We'll designate it the 'Mouth Piece of TestikalPack' board. Everyone needs to be vetted for being childish, rude, name callers and thoroughly up their own jacksy to qualify for comment..... The floor is alllllllll yours, you are the only one that qualifies.

Different times and sentiment, but if it was circ 8p early on for deal that was priced in, so how can 4p be priced in now?

I'm sure there are a plenty of interesting and obscure ways to get water to the site but they need to be sustainable in ESG terms and consideration of upfront capex increases or long term opex, versus current plans.

I believe Mining is referring to new options that are being advertised by current companies in the field and has informed the company that they exist, 'but' the company has made no annoucement regarding further options publically. The company as per RNS' I make an assumption the current plan was discussed with Gov for submission with final queries on how it would work is currently being considered (it was not written off, but taken as a positive upgrade on the previous water option - if it was wholly unsuitable at first look they'd not be onto the finer details queries, but asking for another rework getting water elsewhere). I doubt company will be rushing to add new options until they get told to add more options, but possibly keeping ear to ground for future alternatives and/or analysing them now to add to EISA if required.
This EISA I imagine is being closely watched by all future mining companies as to what level/requirement they will need to submit at (so no fresh water dam use by anyone). At first submission no one said don't use fresh water, one minister threw spanner in works and wanted a more ESG option, so EML has done that. Other than catch rain water yourself or build your own salination plant, Morocco needs to work out how to get companies mining with X risk in water consumption. Can't have their cake and eat it. Mines need water.

Company response to question - Trust our RNS more than journalists….

Grammar, sentence/paragraph structure and object in a sentence are things journos of today have no education in.

NorEsco....get a life, seriously. You sound bitter and desperate.

Company response to question - Trust our RNS more than journalists….

Well I can accept that they cannot sign a deal until the cadastre sets them up with the appropriate licences in place to move forward without restriction and we know that was all delayed and now being worked on.

Well clearly the Cadastre changes are thought to be going as the JV intends, takes that speculation of the table and the comment on the RNS suggests the wait is about the reforms and Cadastre changes taking place. Fear was that no JV would happen, RNS suggests all in play and ask at original terms... No sneaky AA going on.

Boy Amtech you ask some stupid questions.....

When will people get it through their head he can't say anything about the Gov deal, he cannot comment on the Gov and what they are discussing. He cannot give an end date because he cannot control it.
Secondly it is abundantly clear that it makes 100% sense to let BKT lead the development of the Mahenge region and the speed the banks move to finance them is out of our control too!
Soooo it might be MB decision to hold off in wasting money we don't need to spend in capex and improve our project ESG through hydro use and rail, but speed at which BKT finalise finance is not controllable, that is even a tier 1 project.... Nothing in mining happens quickly.
Yes 100% if you pulled out 6 months ago you could have traded somewhere else and still come back (assuming you backed the right horse) ... But equally BKT finance 'could'have dropped at any time.... Then you'd have missed the start of the project moving fwd again. News from BKT is banks are doing final term sheets and visiting the site in Feb, they have Urbix racing to get in a position to push through stage 2 and a decent group all in negotiations to fund the project. This is your news, it tells you how close we are to moving fwd. Since you've waited this long at this depressed price why jump now you can see BKT in the final throws of getting green light.
Don't get me wrong I'm ****ed, but BKT tier 1 you couldn't forsee being delayed a minimum a year to get through finance. Covid delayed everything, then risk off was in play after Ukraine invasion, miners trying to get backs to back millions in a mine in Tanz is not top of their to do list.
Looks like China are making money easy again to simulate opening after their zero covid policy stopped and even Shanghai is extending their EV subsidies another 6 months. Every month EVs are breaking records across all markets. Despite what has happened in markets, the EV revolution had never been at a better place compared to 2 years ago. Everyone fighting for Mahenge production can look next door for the same stuff. The region could become very popular soon given the low impurities and ease to make it pure.

Oh god, try hard is back...... Give them a bell and you'll find them in a town square....

Well surely the person will have burned all future posts on anything, if proved to be a pump with no knowledge..... The fact that it is going to the wire is 'waiting' for something..... We know it must all be related to waiting for licence approvals or confidence in their security to the JV. Anglo looks to have completed all due diligence apart from the licence situation that we clearly know was delayed because the Cadastre closed and now has to churn through lots of entries and updates since opening. If there was any sign that the JV was not going to happen due to things not going the right way for the licences you'd know already, Anglo would have walked away. They cannot not annouce anything as until the 8th comes it is still in play for cadastre to sort out what is needed. It will be disappionting that it does not complete in time but still if they extend to cover the cadastre getting the paperwork done, that still signals the deal is all but done bar the admin of cadastre. They certainly must have had talks with cadastre and know where it is heading as they have not walked. I'm sure it will not be lost on Zambia, mines dept and cadastre that the mining event being able to announce an $88m dollar drilling campaign with a major in country to promote and show the interest in Zambia for others to follow....

Previously they used to knock them out in days!

There is no JV company yet. If ACP were to lose any licences or pay of during this update, then it is Anglo that will get their name on them to keep them in the JV to be sphere.
ARC would have long ago cancelled the JV discussions if it was considered unusual for Anglo to put their name down on these areas. There may be clauses in the discussion terms relating to ownership.

If it was not going to happen it would be cancelled by now and if it is going to happen but not in this window, an extension says still happening, how much sp is penalised versus still in play but delayed is anyone's guess. So unless sellers have insider knowledge on progress this is a bet on whether it happens in this window or later, not if it happens or not. This could all be down to speed of cadastre being the lynch pin and getting the paperwork done. I'd have thought $88m odd in drilling lined up they would be keen to get them going.

Blah, blah, blah..... Yawn.....

Last 2 were buys, spread is silly should be 1.65 - 1.75/1.8

Writes war and peace in desperate vain to appear above everyone in their daily war against their shadow and everyone else.... Such a sad existence. Maybe they weren't loved by their mum and even their imaginary friend disowned them..... Such anger...

Cadastre has their hands full it seems.....

https://www.dropbox.com/s/zg6lc5d6hxwoyec/Recent%20Applications%20ARCM.jpg?dl=0