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Don’t feed him please just let him be
The beauty that has been, and continues to be created here is the huge exposure generated throughout the market which is obviously great for sentiment and liquidity but would usually come with the issues of being played by every Tom dick and Harry for manipulation but this is becoming all most futile as people are simply holding for the end game. To have such a huge and valuable asset with directors that own so much themselves would always attract strong investment but the prospect of this being sold (and by some of the best in the world) makes this a perfect storm for investors to see past usual manipulation shenanigans and hold for true, full value; something most private investors rarely get the opportunity to experience.
Indeed, I don’t have the maths to back that up of course it’s a throw away comment, but the situation Arcm are in has all the hallmarks of achieving that type of rerate; it’s taken a few years of careful planning by our shrewd ceo but I believe we are fast approaching the cusp of our rewards for being patient. Good results will really light this up
Ssshhhh we don’t want too much attention right now, anything more than 10% a day will see the herd arrive and bring along all the bloody circus. This is doing just fine and could very easily become a £500m company with AA backing them, we just don’t want the hype yet
Welcome......would be amazed if you only get 50% over the next few months.
Have a look at Metal Tiger MTR, they are more of an investor than developer but they have some very Healthy positions in highly prosperous cu plays amongst other things
anyone any idea of why MTR has disappeared from my Google watch list and don't appear when i search MTR ???
Here we go
well i've topped up twice now under 2.5p, this is building nicely, the portfolio has real strength in depth and we are due news on several fronts, any of which could make a significant uplift to SP
Thanks Bloodshot, some real significant points there, plenty to be optimistic about; the whole thing has a very similar feel to how Gervaise talked and acted at GGP and look what’s happening over there, no reason this can’t do the same and just as copper is starting a bull run.....perfect storm
and we own a much bigger slice this time......could really light the fireworks for MTR if results are anything close to what has been discovered along this belt
Well the sell on news brigade appear to have left rather early, I think quite a few actually exited their positions over the last few days as we have had a good run up to this news, so we are now left with a solid base of around 8/9p and superb news moving forward; this IS a fantastic result for genuine long term holders
It’s never been at 9p either or had such good news......
our market cap before the news was around (sp1.8p) = £12m, we now have £5m of cash coming and up to £45m of royalties due next year.....as someone has already said, you do the maths
Brilliant news considering we pulled out of the previous sale which would have paid "up to £9.8m" this is "up to" 5x more. It will also give us a good cash arsenal to start our drilling without going to the market and if royalties comes in will provide cash flow later down the line. Businesses that can self fund in these climates are the ones that will come out the strongest
Viking, I agree, if anything my post was “Rampy” because I was inferring to “not getting drawn into selling out” if they play games and drop. Make no mistake a drop will happen, it all depends on each person’s scale of time and risk, that’s all except some “protest too much” if you don’t put booms and rockets in your posts
Why is that derapming???? It’s just a statement of what can be expected today as these things often happen on aim, I know because I’ve fell for it several times. I hold here and want the sp higher but as for today, all sorts of games will be played. Get off your high horse and stop thinking every post is about you
People getting carried away with massive overnight share price increase, need to remind yourselves that this has already bagged and much of this was expected in our price. Many will now take profits and leave until the next news is due
Great news and definitely going to reward patient holders, just cautious about how/if they allow the SP to go tomorrow, this is aim and seen this euphoria many times only to watch it drop 30 minutes after it opens on a spike, remember this has already pretty much bagged over recent weeks so there will definitely be some profit taking into any rises.
Of course you did and of course you will.......honestly!