Member Info for ARahim

No one is going to buy every day, people buy when they have extra cash, if some IP,s are playing poker against each other that's fine for long term holders. they will trade each other when it start climbing again. they are just stop loss lot, no long term plan or vision. some people are thinking there is a probable dilution ihis year, I don't go with this view. serious share holders bought at 3p. I don't see them diluting themselves for any reason.

certainly means major progress, that could cover kalaba jorc, sampling new finds, and even sales of casa. he was clever in choosing words that include all what he is working on. He was buying as much as he can afford. that sounds positive for me.

as I said before, it is time for NvS to start thinking about providing some return to share holders. The cheyeza stake is high, it is attractive, but if the first drills do not match the expectation, it is better to focus more on production and forget about this chicken scratching business. we have enough resources in kalaba to generate a cash flow and support even the production in casa, that is if buyers are keeping drugging their feet.
getting a pile of concentrate first is a good practice to insure any overtake agreement is met in time. once we have that it will be easier to get one or two years payments upfront in case we need it.

just some highlighted methods used to produce copper.
https://www.youtube.com/watch?v=Scxxx7ywRLk

you are welcome p00rman, copper oxide mines are usually stock exposed to the air 'as oxygen does not exist underground' as an oxidant agent, so kalaba may have some stock of copper oxide but all hidden ore is sulfate and needs to be processed in the plant they built, then they have to get rid of the sulfate and smelt the ore to get copper. I don't think there is an issue with selling the final product as long as they adhere to the standards needed in the final product. as to selling copper short, that as well could be achieved if they want to, that may help raise some finance but they have to deliver in time or.
as to the impurities, the smelter may help them get rid of the cobalt but they are not going to get any price for it, if they are not going to get extra charge for removing the impurities. so separation of cobalt at the plant is the best way forward.

too may question, and I can add the question.
kalaba ore is a sulfate is not oxide as oxide need different process to produce copper.
sulfate is more complicated though. unless the exposed stock in kalaba is an oxide, the hidden ore is a sulfate.
cakes produced at the plant needs first to be smelted into copper. after that it is a matter of delivery to the buyer.
copper is a commodity in the stock market and any regional trader can buy and sell the stock as long as he can deliver in time. sales of copper is subject to purity 'standards' of the final product, cobalt or any major impurities has to be removed. The plant is just starting to produce, yet to comply with the requirements of the final product.

from what have being released yesterday, kalaba jorc is in its final stages. the only difference we have now is they are working on a production plan 'block ....'. so the jorc may be is not for sale of kalaba but for long term production.
from this we can see that kalaba is now considered as a safety net. In case we do not hit the jackpot in sheiza.

I was listening to this exploration course. I was amazed by the the names given to junior exploration companies like arcm. ''chicken scratching" it is not too far away from the truth.
https://www.youtube.com/watch?v=GHyuJp2LXiY

It time for NvS not now but after may be six months from now to say. well we made it and we have a deposit worth our investment or give up this quest for quick wealth and focus more on production and reward share holders value.
kalaba and the plant are a start but we can improve on that.

having said that I am still confident that sheiza is generated by the same process that generated kalambila, given the fact that kalambila is south east and there are plenty of anomalies north and north west, that lives sheiza in the center. this is a strong indication of the large deposit in sheiza.

you can just listen to the lectures 3,4 to come to this conclusion. copper deposits are generated by deep volcanic activit. we have a proof of deposits, we have a doom. what is needed is to prove it.

I guess if the first few drills do not show good grades and good depth then NvS has to save the boat by focussing on production

selling the ore is not a problem at all once it is produced.

and what delivered, reflect a major change in arcm strategy. most resources are now focused on the new targets. This is a clever move. most short term share holders were expecting sale of casa news or kalaba jorc, but it seems NvS is focusing on the major new find. from these two statements and the fact that he was buying share at this level we can expect a flow of very positive new.

"It is also an important step regarding Zamsort's previous commitments in terms of its exploration licenses. ":
this tells as that the plan move is just to comply with the rules, although it is going to generate cash and help refine the process of getting both copper and cobalt. clearly kalaba jorc is not a must at this stage, as we have piles of or to deal with already.



"In the meantime, we have made major progress regarding our next phase of exploration and our newly identified targets. A more detailed update on this will be made shortly.":
this is what seems behind NvS motivation to buy more share at this stage, they should know by now the quality of the new resources, although it is not public ready yet.
we hope it is equivalent to kalambila or better.

a step forward, good progress, isolation of cobalt will come next. it is an exploration plant but it will generate some cash soon. major progress on new targets. it is very positive. now we start getting rid of 10% traders and soon the sp heads high. good luck all.

DRC tax hike and economic impact on copper production
mining DRC extra tax, will reduce production in DRC and then it will reduce supply world wide by a margin. it will effect the copper price upward by the % of DRC contribution. In short run companies producing copper in DRC will not be able to pass the tax to the consumer. but revenue from copper in DRC will dwindle and cause the elimination of any extra investments in the field. It causes government to revise its policy as it does not sound right to shoot themselves in the foot. it may take few months to realize the impact though.
This of course will be an incentive for producers outside DRC to try and benefit from the gap in supply by producing more and getting better prices.

today and tomorrow will be the last two days of this financial year. appearances of large traded shares twice means people are selling and buying the same amount of shares to offset some off the loses against the profits made this year.
no need to worry.

why is it the same number repeated 3 times. if it is two I would say it is a one off transaction to register some loss in this financial year. the third one is???
unless it is a buy sell buy?? who knows why they changed their mind in keeping shares
4,453,621 shares
4,453,621
4,453,621

what makes me think kalaba drilling plan has changed is the fact that:
they started drilling at the exposed minerals area every 100 meter distance, then suddenly they started drilling outside this area at 1km distance. and this extended for four km in one direction. Now if we put the exposed minerals area as the center, then we need to drill in all four directions to get the true picture of the hidden deposit. that is a serious drilling program

1) CSD 2% to completion, may be true for the physical process. Running the process to production requires some adjustments here and there to produce reduce-able cakes that could be economically be transferred to copper within the buyer facility.
2) kalaba, most of the previous drills where looking for shape of the copper layer and the limits. they seem to me all in one line. this arrangement of course is two dimension only, what is missing is the third dimension to produce a jorc. as they realized that it may be much larger than expected, i will expect them to produce more drills in the four direction. In short this one as well is likely to have serious delays.
3) the new targets may mobilize some of the resources, so hopefully sheisa first set of drills will generate some serious results
4) adding to all of this the 6 months rainy season!!!

nice to hear you have some background in ethics, your behavior does not show that. value reside in how you treat people not in what you say to them.

there are four kinds of people china..:
Those who know and know they know
Those who know and don't know they know
Those who don't know and know they don't know
Those who don't know and they don't know they don't know
with a sigle Honors degree in electronics and no religious background, where do you classify yourself china..

Great question p00rman, why the others are not buying? This point to one direction, because they don't have the same level of information, may be it has some thing to do with the assets sales progress, as the others are aware of the field activities. we need solid news not any news. we may get a hint from the politicians today.

can anyone help?
is there a mining plan? and when mining will start.
is there a processing plant and when it will be ready for production?
what is the perspective on finance?
what is the main drive for buying here or waiting for any expected events to happen first

you are welcome BS. please do share your new found about Kalambila and Sheisa and the peripherals, they seem to me as one formation with Sheisa as the center or the main vent.