Member Info for CF73

chippy, you have no interest in seeing the company and its genuine shareholders moving forward

Whatever happened to you, you become unwell (unless you're a trader).

2857mal, agree, we can sell ARC shares in the near term.

I'm also really interested in Cirucm developments, as that opens up further possibilities, whether in retaining more of Newco (perhaps by raising capital by equity at a much much higher SP), or some form of special dividend when we are able to sell down Circum holding etc.

I reckon the SP will rise very soon, when this sinks in. The value presented by Newco and PREM ring-fencing Circum makes the current SP/market a mockery. Significant upside potential from current levels.

Good luck all!

That $6million is proposed to last us 18months.

You can see from the Newco proposal that they are want to learn from the past and build on it. Newco will have a head-start that many AIM IPOs could only dream of, specifically:

- RHA mine plant in place and working well (with Barra Report already in progress)

- Zulu developed to Scoping Study, with initial funding input established (i.e. $64million CAPEX, a cinch for a project that size): what value of Zulu at DFS? (and we're after a larger area!)

- Previous KME and PREM working relationship and knowledge

Work still to do, more information required.

Let's see.

If there is any forward movement on Circum in the coming weeks and months, PREM holders may have be able to leverage in respect of Newco.

Yes, we need more detail. Once that emerges, this could become the investment proposition that many had previously hoped it would be, and perhaps much much more!

Good luck all.

Elmwood, thanks for the considered post,

Let's look at a rough possible plan of how Newco could be carved up.

-------------------------------------

20% to KME valued at $4million

30% to raise $6million at IPO (not sure the exact mix, who the investors will be etc.)

50% retained by PREM Holders

-------------------------------------

30% to raise $6million fits the valuation of KME's 20% at $4million (basically $2million for every 10%).

For me, that 30% for $6million is not dilution. This is why:

Newco is being created anew. It is a listing and IPO where the stock is floated for the first time. That $6million and the related shares are part of that listing/floating, establishing the initial shares in issue/share capital. You cannot by definition dilute at the point of an IPO. You can dilute thereafter.

There is the related question of whether that IPO/listing reduces the value of our PREM holdings in those assets.

Well at the moment, the value of those assets is chronically suppressed within the PREM Vehicle. A market cap of $11million for RHA (where we have a mine and a functioning pretty much new mine plant), Zulu already developed to Scoping Study levels (and the numbers presented therein), Katete untouched but needing work, and of course Circum.

All for £11million??

We're unlocking value not diluting, as far as I am concerned.

Good stuff Aussie, agree, these levels are a gift that keep on giving...for those non-believers, we could say that these levels are a gift that keep on forgiving ;-))

tedoby, thanks and please keep your expert/ intelligent posts coming

Steward, agreed regarding the level of confidence shown by KME, and that GR converting loan is him effectively investing another $300K, shares in tight hands as a result.

Folks just need to give this a chance. Its a genuine plan.

Looking forward to more detail.

Good luck all!

Newco presents an opportunity to unlock value

From the 100% share issued/ share capital in Newcastle

20% proposed for KME valued at $4million
20 to 30% potentially for raising $6 million
50% to 60% PREM holders

An initial indicative valuation of $20 million (out current market cap £11million)

What are folks getting for that $20 million valuation at listing?

RHA mine plant in place, with production not far off recommencing

Zulu to developed to scoping study

KME equipment and expertise, bought in house and now part of Newco. The means to develop portfolio in a way impossible before, including finally Katete (remembering the KDNC $5.1 necessary to develop Zulu to DFS and what was required to develop RHA, and finally getting off the mark with Katete).

A great deal has already been put in by PREM, so there's a head start with Newco, including prior KME and PREM working relationship. Have quiet confidence that Newco will move swiftly and that further value can be unlocked very quickly, adding to the value unlocked at IPO for a start.

Then there's PREM and it's ring fenced Circum stake, given time to come through.

Good luck all the genuine folks!

Begger thanks we should believe in the company a bit more.

He calls it, 'Begger's belief'

Malky, I am very happy with those quips. I would add, was saddened when some of my previous posts were deleted.

Other than that, your post was utterly pointless. You could've done something else this evening. Time you will never get back.

"I can spot a Shiite stirrer and disruptor a mile off and smell them from even farther and 1onic has bad breath.."

----------------------

Hahahahaha D

Agreed Zibs!

Me p-issing you off??!

It seems that anything other than cursing this company and GR is ramping.

There's no way Exxon are in Georgia, and have landed in West Georgia after deciding to quickly scoot past Block 12.

It's been brilliant to bag BHGE.

But the level of confidence ZM has shown in recent months - including the balls and ability to put the squeeze on YA and Outrider and shit them up (as they clearly have) - can only come because ZM/FRR know of something bigger to come.

This month to find out, as many of us believe. DYOR though :-))

Good luck all!

Wolf, let me let you into my head...

...I rarely think about getting new folk buying in, if ever...

...when buy into a company, I like to do what research I can and share it with others to build up knowledge. Where I can, I try to contact the company itself. All of this is to build investor confidence - we do better sharing ideas and information

...yes I can be very positive. And in earlier years, I might have been rampy. But these days, while still being positive, I try to remain constructive.

...at this moment, I see that the company has on the table a genuine proposal. One that limits if not removes GRs role in Newco. But it seems nothing is enough.

...Cannot tell if some folks still hold or whether they been reduced to trolling...

NaPoM, thanks for that, food for thought.

If Newco is to happen, with whatever percentage given to PREM holders, then we should be seeing a cut-off date for owning PREM shares.

Badgernator, from the respective RNS:

· US$5,100,000 Investment to fund the Definitive Feasibility Study of the Zulu Lithium Project

Wolf, that was a 'thowaway' comment of absolutely no value. I was honest and reasonable with you and you disrespect my response with that

Pathetic.

That $6million is to do the work across Zulu, RHA and Katete. Not just for Zulu.

Incidentally, KDNC, in the proposed JV with Zulu, were potentially going to need to inject upwards of $5.1million to bring Zulu to DFS.

Puts things into perspective.