Member Info for aprogerson

Morning @F29 yes both are new. Trying to do a line-by-line compare this morning myself
APR

Just read the ASX posts and frankly he is making little sense and when challenged moves to another angle ... so typical if very persistent deramper who just ignores facts and/or reasoned explanation from other posters.
ATB APR

@Flashgem Agreed, I am 99.9% certain that the IPO will include a a capital raise as we know for certain HB are struggling to raise the funds to invest in more stock particularly as the distribution deals they have signed or are about to sign will require to be serviced or why would the distributers invest if there is no stock for them to sell?

My best guess is that the IPO will need to raise at least £3m to be worthwhile as once costs have been deducted you would want at least £2.5m for stock and investment in the brand for it to grow at pace.
AIMHO APR

@MrP Well if CCZ is true to its recent form we best check ASX announcements this weekend Sunday from 23:00 for next drill results.
Fingers crossed for more good news at the Big One. An announcement about Arya drilling start should also be a possibility
ATB APR

ARCM has had an interesting few months ... so here's my take:
> Stable up = Aug-20 to Oct-20 ... 3 months stuck in ascending price channel 3.6p to 4.5p. PIs hold & wait for news
> Bear trap = Oct-20 to end Nov-20 ... 2 months from 4p down to 3p lows. PIs fed up waiting for news & some bail
> Rise & Consolidate = Dec-20 to 12-Jan-21 3p low to 4.1p. Relief news is coming so PIs start buying back in!
> Breakout & Gap up = 12-Jan-21 to date 4.1p to 6p+. At last news is (almost) here so pile in and hold!

Interesting the 2x gap ups were both through prior resistance formed by projection of 'Stable Up' trend lines at 4.2p and 5p.
... Looks like 6p is the new 4p while we await (more) news
AIMHO APR

Interview with prospective JV partner Conroy Gold's CEO Richard Conroy from 21-Jan-2021 https://twitter.com/StockBoxMedia/status/1352156641446260736

@ken Will be interesting to see what GUN want to do with their RB holding post IPO as at £1.5m+ will be a fair chunk of their value. We do know from the last Peter Ruse interview that he is looking for Copper investments and in the current climate that would make very good sense.
ATB APR

Admittedly new to the BB have just joined today, but part of my decision to join AAZ was Ireland albeit as the 'Icing on the cake'. Reading through the AAZ Earn-In deal is shrewd in that AAZ can exit at any time and Earn-In rights cease so if Due Diligence becomes an issue as JV progresses then AAZ simply stop and keep their Earned In rights to that point ... read the end of the RNS as it is laid out very clearly. Worth noting that Warrants are similarly structured.
ATB APR

@sanboy Just trying to get HL to pull their finger out so I can cast a Proxy vote in favour
Sadly not quite 1% now following last placing
APR

@kewben Point taken, but not intended to be dismissive.

RNS = very dull indeed, but if you are a holder important to get your vote in ASAP which I am doing this morning for my 1% plus!
ATB APR

I've just added AAZ to my portfolio after yesterdays very positive news. I've been reading through recent RNSs and really like what I'm reading which seems like:
> a good solid profitable 67k GEO producer at the core plus
> a nacent JV Earn-In deal up to 55% with warrants in Conroy Gold for JORC 500koz Au asset and 8Moz exploration potential
> access to 3x Production Sharing Agreements reset to zero years of which 2x having Au/Ag and Cu/Moly mines with plant albeit subject to assessment, repair and restart

I'm generally not given to hyperbole, but the opening up of the 3x PSA areas to AAZ create a potentially stunning opportunity not only to bring on 2 operating mines/plant in short order, but considerable exploration potential. Clearly lots more to be sorted out, roads built et al but really interesting opportunity.
Any analysis from the 'seasoned' holders would be very welcome
Glad to be here ATB APR

... and GUN still sat at £8m MCap!
Very happy to be a member of the GUN 1% club
ATB APR

RB CLN partially converted for 10m share in RB to GUN ... not sure why partial conversion or why now, but RNS reiterated that full conversion will be on IPO at no detriment to GUN ... IPO is still on track.
When fully converted GUN will have circa 29% of RB at IPO and Peter Ruse stated that IPO likely at £5m IPO so valuing GUN stake at circa £1.5m for a £498,575 investment. At IPO anything north of £5m is additional profit plus any listing fees of course as GUN will be facilitating IPO so expecting 3% fees on top.
APR

We were told this would be needed by the CEO, RNS today confirms it is happening so that is good.
Job done & nothing to see here
ATB APR

@YummyB Welcome onboard. Some form of deal expected but lots of guesses as to what shaped deal exactly. Of course nothing is 'nailed on' but AAL have sunk a lot of time and effort so far led by their main geologist David Wood who knows the area and FQM Sentinel geology in particular. We understand he is looking for his 'lost copper' so please google him and watch his lecture on the subject. I'm sure someone can dig out the link for you. Also Google Intaba mining event and watch NvS podcast.

Valuation clearly depends on shape of deal, but explorers tend to be valued on 'comparable' sales/deals hence why we keep talking about Sentinel sale to FQM in 2009 before the mine was built especially as its only 40 km away from ARCM licence area. Also bear in mind our grades are higher than Sentinel and copper was $2,800 cheaper at the time both of which should boost our value to AAL significantly .

Read the RNSs as there is a pattern emerging of NvS getting his house in order by arranging banking facility, clearing CLN debt and confirming we have ability to produce profitably in our own right from our own ore with our own wholly owned CLS plant in Kalaba.
Good times ahead!
ATB APR

@TSP IF they did that would be a WALL of money!

I think anyone who invests on AIM for any length of time has their own fair share of 'interesting' investments and dubious goings on. Personally I judge each investment and BoD on their own merits with my trust being earnt and not just blindly given.

Ask anyone invested here their views on ARCM & NvS in particular and you will generally get good solid feedback with the BoDs outlook aligned to teat of the PIs which is a good thing. Yes, we would all have loved better and more frequent comms over the last 6 months but if that is the extent of the criticism that that is not bad at all.
AIMHO & ATB APR

Thanks @Flash Peter Ruse on fine form and runs through main GUN investments majoring on Rincon, Low6 and Rogue Baron with honorable mentions for recent IPOs of Angold and Empress Royalty.
Main takeaway was:
> Rincon drilling likely start mid Mar-21 and terrific prospects from very modest MCap at present
> Low6 fantastic possibilities is US as gambling laws are eased & high growth expected
> Rogue Baron IPO in next few months at around £5m and GUN holds 29% or £1.5m
> Cash Nov-20 raised £1.1m plus warrants this week of £200k ... so good cash position
APR

Good update solid Copper/Silver/Gold additional drilling updates from EM2 at Eagle Mountain ...and of course GUN holds 1.8% of EM2.
ATB APR

@Setanta LOL, yes remote control technology has come on in leaps and bounds you know ;-)
ATB APR