RE: Chaotic calmness23 Jul 2018 20:52
Westie,
Sturec Divestment and revenue generation from Zambian plant means we can get to the later mining stages without further dilution. At $25-100 per ounce, there is high probability of casa getting acquired between $75m-$300m. The grades there are humongous and the cost of production per AU ounce is some of the lowest in the world....
This still leaves us with the Zambian asset - perhaps one of the rare junior miner of AIM market with a limited production plant that is more than 80% built, have host government backing and situated between some of the highest grade copper-cobalt region of the world. Above reasons have high chances to propel ARCM to FTSE 250 company which I remember is also one of the goal of NvS. All this still might take another 2-5 years to unfold...
I would continue adding to my position, the seeds have just sprouted here..long way to go....