Member Info for Akhtar234

Thanks legalese , yes I know they will ship more. But are you saying it will be on when everything is shipped ?

Hi, just wanted clarification as I was doing the maths and don’t get to the number quoted.

Kdnc shipped 45,000 tonnes at $167, I make that as $7.5m T/O how do they get to $10m profit for that load?

Have I misread that?

Great find viable, interesting to see if they get impacted I don’t think they will. Peru will probably bargain to get a bigger cut but could go into law courts and be held up for a while.

Agree Apr

Hi APR , agreed. But I think the resurgence in copper prices has been the main factor here. Also this huge infrastructure spend and shift to zero carbon has really helped the entire industry here. AA add demerging there coal business and so they will need to find growth elsewhere.

ARCM should do well as we have potentially a lot of copper just need to drill as much of it possible and get as much value.

I have not read into too much about the new acquisition that is a plus that we could do well with. CASA is a side show tbh I rather we keep it, if that means we are not spread to thin and can get Zambia over the line.

I bought ggp about 7 years ago and sold in 2017 at a small profit if I had geld another 2-3 years I would have made at least 70-100x my investment . I regret that I think could do very well so will wait

If we need more drilling to firm up then why are we wasting our time with AA now , last year they conducted due diligence then a 6 month window of exclusivity.

We shouldn’t have signed an exclusivity and open up to all to come in. I really feel now a desk may not happen but that is a positive as I really think this could be a monster company. I rather we give a small piece of the pie and accelerate value here . Giving AA a 10 to 30% stake to fast track makes sense of the license . We can concentrate on firming up recent acquisition and looking around for others.

I have a feeling it will also.

Shouldn’t stop the mine going ahead and we talk to others. Exclusivity agreement doesn’t need to be extended to one party who can’t make an offer that is satisfactory

News today they are demerging the coal business. If that means additional value from that , they will be very well cashed up to progress this.

Copper is in demand and will be held by the big guys who are looking to buy up mines and resources.

As long as demand destruction doesn’t happen the cycle has started.

These guys really need to speed up unlocking value here. Glad they bought another speculative buy. Disappointing it is April and no news on CASA unless this is due to discussions in the background. Company PR recently has been poor

Don’t necessarily need to be on the board if you have a stand in the company. If you have faith in management you let them do their thing.

He sold up 20% of his interest in May in exchange for equity in ARCM.

Thanks Marco

I was reasonably ok with the Placing as largely this was to acquire another asset and the price i am hoping would be really good if they are confident of turning this around. What I am not pleased about was the timing and zero silence since then after days of tweets built on a investor call weeks ago. Also there has been no word on Casa where we have not received payment.
I like that the stake in Zamsort looks like it will be increased and will do us well.

We just need to hear from AA and i dont want to wait longer than the end of this month, we need to know their position and we should be speaking to others at the same time, we have given them a real opp they need to be serious.

Does anyone know when the further drilling commences no mention of it apart from it will happen from April

Arb has certainly made some big gains for most people over the 2 month period from Dec.

For most coming in late and i have traded in and out, it is dissapointing the share price has been under performing the last month as Bitcoin breached $60k.

Waiting game, but there are other plays out there that are better opps than this at the moment, frustrating to hold not realising a cost as this should be over £3. GLA

Share price won’t tank wisha, we would have a powerful ally who market values us more than where we are. Also it would give more upside if we drill and find a shed load of tier 1 assets.

It would cost them more to buy us out later , yes they may build in options at a determined price.

Just read it quickly , if I am reading it right they are giving up options at a lower price for cash and shares at a higher valuation .

Is that how you read it?

Great posts , another way to think about it why is AAL the perfect partner? There are other majors out there bigger ones also. Copper is in big demand and will be going forward

Who is going to earn a lot by joining hands with ARCM and offering a deal that is attractive to both parties.

AAL can’t afford to give a low ball offer as it will be turned down , I am hoping it’s a decent offer to start with Rothschild help engineer a deal like you say that allows us to maximise value if we think there is so much copper there.

Casa money is due soon also I hope they use that to accelerate further drilling.

Well done apr, I was in ggp from 2013 and sold out far too early due to frustration in 2017.

I missed a 40 bagger there, I came here late average 6p but hoping to back a couple hopefully

True Tom, but again results will need to be double checked