Member Info for dai2belts

I see the trolls have gone into hibernation ?

When you are up that much you can risk letting it ride,,,,

If it does a fast unexpected big rise, then maybe that is the time to slice and buy back the dip

Anyone had scam pop ups while using this site ?

This morning I clicked the cookie options pop up, next thing the complete web page turns to a TalkTalk survey, so I just closed it...

Still going strong, nice win there for you guys :)

Medical companies, multi bagging or in trouble...

BELL, mid 6.5p, raise 2p :(

168m shares,

Looking to raise min £3.8m so issuing +190m new shares..

General Meeting is to be held at 11.00 a.m. on 28 February 2025.

Licence Agreement,,,,,the Licence Agreement provided that if by 3 September 2025, cumulative sales of the X-PLOR and DISCOV-R have not exceeded $20 million, Belluscura is required to make a one-time payment of $3 million to SDG to maintain the exclusive licence. .....

https://www.lse.co.uk/rns/BELL/proposed-share-placing-huo91gjjqtmrt3a.html

Lol, Its been on my huge list for a while, now its moving to a visible screen position

Zambian Copperbelt near world-class mines such as First Quantum Minerals' Sentinel and Kansanshi copper mines and Barrick's Lumwana mine.

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Ore grading 0.68% copper

The Lumwana mine is a large copper mine located in north-west Zambia in North-Western Province. Lumwana is owned by Barrick Gold and represents one of the largest copper reserves in Zambia and in the world having estimated 5.014 billion pounds of proven and probable copper reserves of ore grading 0.68% copper.

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Kansanshi > Reserves & Resources TCu 0.58% - 0.66%

Sentinel > Reserves & Resources TCu 0.36%-0.46%

https://www.first-quantum.com/English/our-operations/operating-mines/kansanshi/reserves-and-resources/default.aspx

https://www.mining.com/first-quantum-confirms-talks-over-zambian-assets/

https://www.mining-technology.com/news/mitsui-first-quantums-zambian-copper/

Mmmmm, 7 years of trading opportunities....

Thanks :)

Anglo original had the licence, Mmmmm, did they drill the historic holes referenced by Arc ?

Historic hole CHDDE004 intersected 18m @ 2.35% Cu from 30.60m with a higher grade zone of 7.60m @ 4.15% Cu from 39m,

Hole CHDDE060 intersected 39m @ 1.47% Cu with a higher grade zone of 10m @ 2.25% Cu from 41m.

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Do you know what the grades in those tier 1 areas ?

Does Anglo have interests in those licences?

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Background on the Anglo American Joint Venture

Arc Minerals has entered into a Joint Venture Agreement with Anglo American on its Zambian Copper Project (ZPC) comprising a number of licenses covering circa 870km2 in the North Western Province, in the Domes region of the Zambian Copperbelt near world-class mines such as First Quantum Minerals' Sentinel and Kansanshi copper mines and Barrick's Lumwana mine.

The license areas are located approximately 900 km from Lusaka, in Mwinilunga, North Western Province, and is well within the trending arm of the major geological structure known as the Lufilian Arc (Copperbelt), on the western flank of the Kabompo Dome.

The Copperbelt is home to all the major copper mines in Zambia and these licenses represent one of the last dome-related areas in Zambia yet to be explored in any detail.

Under the agreement, Anglo American can an earn-in on the ZCP by making a number of project expenditures and assume operator ship of the project. The details of the agreement are set out below:

· Phase 1 - Anglo will pay $14.5M in staged cash payments to Unico Minerals Ltd (67% owned by Arc) and invest up to $24m in exploration expenditures (total $38.5M) within three years and 180 days of the signing of the Agreement (RNS 20.04.23) to secure a 51% interest in ZCP.

· Phase 2 - Anglo may elect to increase its interest in the ZCP to 60% by investing a further $20M (total $58.5M) within two years of the completion of Phase 1.

· Phase 3 - Anglo may elect to increase its interest in the ZCP to 70% by investing a further $30M (total $88.5M) within two years of the completion of Phase 2.

0.6% Cu Ore and above its considered 'commercial' (especially if there are some Au, Ag & Zn credits) as from this it's possible from fairly easy flotation and heap leaching processing to produce a saleable copper concentrate between 30-40%.

This is then sold via contracts to the smelters.

If you also have Silver and Gold this will also be leached from the ore and form part of the saleable concentrate and the smelters will pay the miners an additional payment known as credits for the gold and silver content.

The concentrate is then smelted and refined into the finished product.

https://www.lse.co.uk/ShareChat.html?ShareTicker=GOLD&share=GOLD.L&thread=4B06F657-8446-4A57-9D54-2C44F87BD9E2

0.6% Cu Ore and above its considered 'commercial' (especially if there are some Au, Ag & Zn credits) as from this it's possible from fairly easy flotation and heap leaching processing to produce a saleable copper concentrate between 30-40%.

This is then sold via contracts to the smelters.

If you also have Silver and Gold this will also be leached from the ore and form part of the saleable concentrate and the smelters will pay the miners an additional payment known as credits for the gold and silver content.

The concentrate is then smelted and refined into the finished product.

https://www.lse.co.uk/ShareChat.html?ShareTicker=GOLD&share=GOLD.L&thread=4B06F657-8446-4A57-9D54-2C44F87BD9E2

Thats confusing lol

If it's institutional then they are selling to the PI, so off-loading, possible at what they consider a high..That charts interesting around the trades marked 2m, if they appeared on time then buyers may have been spooked.. If it was being filled there appears a flat in the chart from the earliest 500k until then...

Since the price climbed maybe they were buys....

Mmmmmm, Davenport accepted 85m @ 3.25p

Agreed 85,859,062 x 3.25p.=£2,790,419.51

Sweetener 61,833,246 x 1.2==£741,998.95

Total £3,542,418.47p

todays value, is almost half

147,692,308x1.2p=£1,772,307.70

I wonder why they did'nt extend the loan payment dates, and continue collecting interest?

Redemption 30 November 2024. The CLN was unsecured, the total outstanding balance 29 November 2024 was £2.7m.

https://www.lse.co.uk/rns/GRL/update-re-convertible-loan-note-7aka6hvzgqfuznj.html

The Company is focused on developing the Akrokeri-Homase project in south-western Ghana, which hosts a JORC Code compliant 602,000 oz gold resource at an average grade of 1.77 g/t.

The existing resource is confined to a 4km zone of the Homase Trend, including Homase North, Homase Pit and Homase South

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MC £10.58m, with approximately 900.19m shares in issue.

1.2p

52 Week high of 2.15, and a low of 0.60.

CLN, fully converted, 16% of shares

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CLN, Devonport Shares

This constitutes full and final settlement of the Convertible Loan Notes. The Devonport Shares amount to, in aggregate, 147,692,308 new Ordinary Shares, equal to approximately 16 per cent. of the enlarged issued share capital of the Company following Admission. 900,186,117 shares

https://www.lse.co.uk/rns/GRL/conversion-shares-update-4ffwyuch4kdaml5.html

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the Convertible Loan Notes and accrued interest thereon will be converted into 85,859,062 shares.......at a price of 3.25p. Issue of the Conversion Shares will constitute full and final redemption of the outstanding principal amount of the Convertible Loan Notes and all accrued interest thereon, which will amount to £2,790,419.51 on the Conversion Date.

...On the Conversion Date, in consideration of the Conversion Agreement, the Company will issue a further 61,833,246 new Ordinary Shares to Devonport

https://www.lse.co.uk/rns/GRL/convertible-loan-notes-update-ul7shid7sjbxlui.html

I think your psychology changes depending on your relationship with a share...

It did'nt convince me either, but we missed out... Last time I sold on some media that suggested the ML was a long way off I also missed out on that rise... My thinking was correct as I would be sat on a loss today, but I missed opportunities

BCE, one of the BOD bought shares while drilling their well, also often said a period which shares can't be bought..

Turned out a duster..

Seems a half hearted offer to hire

https://www.helium-one.com/drilling-rig/company-owned-drilling-rig/

What are poor, fair, good and excellent grades, I don't have a clue ?

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KCDD002 includes 40.60m at 0.61% Cu from 22.25m down the hole,

including ....

12.75m @ 1.20% Cu from 22.25m

7.70m @ 1.72% Cu from 26.75m.

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high grade zones have been intersected and reported in the past.................

Historic hole CHDDE004 intersected 18m @ 2.35% Cu from 30.60m with a higher grade zone of 7.60m @ 4.15% Cu from 39m,

Hole CHDDE060 intersected 39m @ 1.47% Cu with a higher grade zone of 10m @ 2.25% Cu from 41m.

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Those delayed trades charted

https://invst.ly/18tbpw