Member Info for Akhtar234

There are many ways to fund a mining project and sure Rene talked about this in one of the investor calls, or it was with another company.
Arc believe they have a number of Tier 1’s here, assuming we call these multiple assets we can secure funding in debt markets and the time we do, it will be more stable than the world we are in now.
Also with copper in demand due to EV the price of copper will help support valuing any sites IF and WHEN they are found.

Botswana is years behind, but Zambia is key. Personally if we elect to sell a stake at a higher valuation as posters have mentioned, we could be left with 1 -10% and that is still a lot of income.

With out new cash, I’m expecting a big push on Botswana by our directors and good acquisitions.

Personally I hope we drill like crazy next few months. Lost time due to covid and silly legal cases against Arc.

Would like to see progress in Botswana and potential other sites brought into the fold, with cash maybe good opp to buy more sites.

Would it be a bad idea if we bought into asiamet? At this time? Or is that too expensive.

Reasonable extension, personally RNS should have come out yesterday but just before open is fair.
Good progress so far just closing out paperwork now.

Does anyone know realistically, if this is done, drilling in Zambia would happen straight away? They should have targets and geo thermals to target areas.

ID78 how many deals do you see get done on Friday?
Also it is tomorrow, if it’s held up by Zambia they would already know that. Last minute approvals internally in Anglo could hold up also.
Anyway we are likely have to wait a bit longer, at the moment it feels like no signature by tomorrows deadline.
But happy to be wrong, GLA

If we don’t hear by cob today I am entirely sure it would be looking at another extension.
Feel the company know the date could not be met they should announce that already, leaving it last minute or after the event is not great PR.
Things can be outside of their control abd will be interesting if we get an extension how long for, going by last months RNS it felt like we were close so no more than another month. If they extend further they may have to explain why their planning was off in February.
With an RNS earlier this week of someone leaving, I do not think we are that far now. It has been 3 years in the making.

SS17
JW make a lot more in revenues, their backlog is much better, they need better margins and acquisition can help with efficiency. Debt is good that this includes ythe SFO fine already been paid out and no further liabilities, they can put this in the past now.
PFC have failed miserably with pipeline, historically. Bidding opps yes plentiful, that can be said with other companies who they are competing against, they need to really convince they can turn around these tenders and not sacrifice on margin.
PFC will be a takeover target at what price and when, is anyone's guess.

That is plausible Poker

It was handed to the SFO after an australian journalist provided evidence, Ayman was a large Tory donor and close to Cameron, there has to be some guilt that was conclusive , it embarrassed the Tory govt then( But not much to embarrass them)

Do not really know much about him to really form a judgement, but usually it is his experience and contacts they are buying and anything transformative/efficiency savings he can bring.

Not sure he is being brought in to then sell the company up, Ayman is under water and definitely wants to see value here again, losing his billionaire status.

Sami had a great background, but he has not really made any impact here (but not his fault as Covid was in the middle of his tenure) wish he stayed to make a bigger contribution. But I am presuming after the SFO they really need to build up their middle east relationships to win friends.

Poker

That is true, forgot about a horizontal acquisition from a company who has no gas and oil exposure.
I was going to buy Kentz years ago, but instead went with Petrofac, Kentz got acquired in the end. Consolidation in this sector probably serves all parties interest, than someone like Mott though.

https://www.energyvoice.com/oilandgas/middle-east/307264/petrofac-suspended-from-competing-for-adnoc-contracts-amid-sfo-investigation/

Actually thought Haliburton or Slb (Whatever they are called now) would buy them out. I think the business is cheap someone from america will look to buy them out. They can not be trading as a standalone business, and with commodities prices increasing and new oil being invested in, this has helped those companies with strong balance sheets.

Petrofac used to have a very good balance sheet, before the mess that blew up as i outlined on a separate thread.

*lost

Let me make it clear here

SFO news broke out share price was badly impacted, new deals were suspended in certain jurisdictions upon the investigation. Took a couple of years and was found guilty (Links below)

Before that, they expanded and built an IES business, timing did not help with the shale v opec price war that caused the under investment we now face, but there were deals in that contract that did not help.

JSD6000 was a failure another new business service they looked to get into and failed miserably.

Laggan Tormore was a great success also wasnt it!

So where am i factually incorrect here as you wanted to put it. Yep I knew this business very well and lose interest after the SFO, as i said it looks cheap now, but there is a reason which i have outlined and expanded for you.

https://www.sfo.gov.uk/2021/10/04/serious-fraud-office-secures-third-set-of-petrofac-bribery-convictions/
https://www.energyvoice.com/oilandgas/middle-east/307264/petrofac-suspended-from-competing-for-adnoc-contracts-amid-sfo-investigation/

Denby what do you disagree with?

Poker I had been a holder in this company In the past and it has been a huge strategy mistake.
They were going places but SFO did a lot of damage. The value of the company is cheap, entire management and directors need rehauling. Getting rid of Ayman, Was a good start

Anyone had a look at Anglo presentation deck.
They are certainly getting a kick in on copper shows in their results.
Large cash generating business still, they quote 15-20 years to develop to large working mine

If Darktrace feel the allegations are false, why have they not come out and got the legals involved. Rebutting an allegation is one thing, allowing for it to stand and impact the share price is another.

Please correct me if I have missed anything , been following the company but do not know enough about it to really comment

F29, the tweet it will be announced i thought was unhelpful, he doesnt know and sending out tweets like that burns peoples own credibility. But I assume his choice of language may have been a mistake.

I actually responded to that tweet, it is unhelpful.
We are going to a weekend and close to the deadline (8th Feb) my gut instinct no announcement by Monday this gets pushed out, but i like to see timeframe and period.

If Nick mentions another 90 days then i think we need an investor call and really quiz him on this, but i will not say more until i hear the next comms from the company. I saw someone wrote Vasilis has a new role, not sure if that if full time or an adviser, but that is an interesting development if it is the former.

Ukraine won’t do anything to harm the business environment, they will need it when the war is over.
They have already received a lot of money,