Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Ha ha, lol, PREM bag holders last desperate bid trying to recover their cash which GR is spending like water in JoBerg. No 6M, no EPO, and I am sure there won't be any accounts filed. NaPom back stabbed his buddy Smiley when needed most. Comedy gold reading the desperation here.
Come on guys, at least I am not a PREM bag holder keen on spreading grief. I don't post to get affirmation from anyone. I buy and sell as I see fit. PREM bag holders shouldn't be talking about a loss. When last did any of you make a profit? Go back and support smiley. Even NaPom won't back your futile efforts:) GR has your money living the high life in JoBerg.
@ShareInvestment, not sure if your China post is directed at myself? If it is, I appreciate your insightful comments. In fact, they are sage words even if not meant for myself. I might moan, and whinge, and get on some folks t-i-t, but I didn't allow this low SP opportunity to pass me by. I too have being adding. And if the SP falls to 1.80p, which I sincerely hope not, I will mortgage everything I have to add all I can. My focus now is to see the drill results from Cheyeza. The new director is a good move for all interested parties. Plus, he is young and energetic. I am impressed with his resume.
@Feeks, apparently we are promised an update next week. Let us see what Capt NvS Bligh has to tell after months of failure to meet committed milestones, and getting Off-takers for the CSD output. I have lost confidence that he will ever deliver, but lets see what become of Cheyeza and Lumbeta which he is confident is a game-changer. That terminology; Kalaba was meant to be also a game changer too, and so far, not a peep.
I'm not blinkered as you and your other buddies Bloodshot. I am open minded enough to look at both sides of the coin, rather than be so narrow minded that I cannot see the woods for the trees. Regarding whether or not I'm still invested here, mind your own Bloodshot. I dont recall ever querying whether or not you are invested here when you espoused your self-righteous quibble.
I noticed you been away for awhile. No comments on the SP heading to my predicted 1.80p? I know you and the 2 resident clowns still believe that I have an agenda. Heh, at least I prevented LibraYang from losing money here. That is comforting.
Feeks, I can see tat you've been watching Aladdin with the diamond in the rough comment:)
I share your concerns, and the way the sale of Andiamo was handled has left me wondering if we will get the full value for the non-core assets, and not just half. The Chinese are pulling the strings in Zambia and are taking steps to ensure that they control more of the country's mining resources. Lets face it, Africans have a long history of giving away their most valued assets for cheap trinkets and tin pots. So nothing would surprise me regarding the Zambian relationship with China.
I hope though that as an Exploration company that ARCM/Zamsort can indeed gain shareholder value. For my part, NvS is on his last leg and has a great deal to do in order to redeem himself. Let us see the results from Cheyeza, then make a final decision.
Financial Advisor in training who wrote a piece on ARCM for cube https://cube.investments/arc-minerals-patience-pays-off-arcm/
Well Poorman, I am sure you recall my say this is going to 1.80p and the abuse I got from mainly Fulmar and Westie. Look like we are heading there, and those 2 clowns aren't here to comment on reality happening. I'll say until we know what's going on with Cheyeza, we wait.
The best way to kill boredom, and end idle speculations is for NvS to keep to communicated timelines and schedules. Failure to do so will indeed cause doubts to arise in the minds of some shareholders. He should do what he said he is going to do, when he said that he would do it. If the news from JAN was good, and demonstrated the skills and aptitude of NvS, everyone would be singing his praises and slapping him on the back while saying wow, we have a winner leading ARCM. Instead, another company he is associated with is down approx 36% in 1 day with many unhappy shareholders. Let us not forget that ARCM is currently trading 61% down from its 52 weeks high. All of that does leave cause for concern.
Sale of CASA-In one interview last year NvS said U$20 per Oz, possibly discounted to $10 per Oz for the DRC. So $30M to $60M. If the sale of Andiamo is anything to go by, then we could be looking at $15M sale price. Who knows, let us see what he actually manage to achieve. As a finance guy, one would hope that he'd be able to sell ice to Eskimos.
@Poorman, I am getting concerned, and the events at JAN today is not reassuring me that ARCM is in capable hands. We need to hear something meaningful as shareholders. @ARAHIM, point taken. Some folks think Zambia will nationalise mining assets and give it to the Chinese. I haven't heard of a company being affected yet, but the situation should be monitored. Hopefully, Fulmar is conversing with NvS and we will hear something soon.
@ARAHIM, I agree that Trump isn't helping. So much for his business friendly policies. However, aren't you concerned about the current behaviour of Zambia to miners? Although, that Indian company polluted the folks water, hence the case filed in London. So, hopefully ARCM, Zamsort will be OK. June not far away and we are not seeing an update from NvS regarding his progress. Market losing confidence too, not just me.
@ARahim, it matters to us because NvS and Brian McMaster who are part of Jangada are key guys at ARCM. There was an article on Jangada which was not complimentary to the Jangada management team which made me wonder what impact that leadership will have on ARCM which I posted on twitter May 19th:
https://www.valuethemarkets.com/2019/05/13/jangada-mines-mired-in-the-aim-vortex-can-it-break-free-jan/
Now we are seeing the fallout on JAN. Hopefully, ARCM will not be tainted too badly because already we are seeing our SP being punished. I said it before, I've lost confidence in NvS, and I can bet that the JAN PIs feels the same way too. God help us if Cheyeza turns out to be nothing.
All this should mean that NvS will now have more time to focus on ARCM hopefully. If he does sell some of Zamsort, hopefully the market will have a better reaction. Its concerning that some of the folks at Jangada are part of ARCM too.
It's clear that you are intellectually challenged. It's irrelevant who is filtered and who is unfiltered. All you do is go from BB to BB and cause strife. Contention is the only thing you are good at. It's clear that my post isn't a brag, unlike yours. Always bragging, while imparting nothing of value.
Points taken ARAHIM. I will keep on monitoring the situation, and I hope that NvS does have a game plan. I am not really inspired by folks who like to brag about how many shares they hold in a company and how they will be buying more. I don't learn anything useful from that information.
Citic Mining is already a neighbor of Zamsort, so the Chinese are already well established in Zambia.
Things are only going ARCM's way if we are actually taking actions to capitalize on the current macro economic situation. All we know is that sampling were being carried out. So far we haven't seen the outcome of those tests. We don't know if the results are indeed reinforcing the belief that Cheyeza and Lumbeta are indeed worthy of spending money on, and that we are not going to spend money like we did on Kalaba which turned out to be not the mother lode.
As for the sale of non-core assets, hopefully a different sales team are being used to sell the assets than the one who sold Andiamo for half the previously mentioned agreed price.
Oh well, I'm sure I'll be called a Troll for not taking everything NvS has said for gospel as he hasn't lived up to expectations.
"Amos Chanda, a spokesman for the president, said that by using the word “divorce,” Lungu was referring to the fact that other unidentified investors are interested in Zambian mining assets."
NvS might be forced to sell up if the Zambian mining environment become hostile to Westerners. Pretty sure that the "unidentified investors" mentioned here are my Chinese brothers & sisters:)