Member Info for DiamondGeazer

Hi SeisNav, that was unwarranted! assuming that you are referring to me, that was only my second post... I used the name because I am in the diamond mining sector, and no relation, contact with, knowledge of, your "Ella", other than the fact that I take great pleasure in completely ignoring him/her.

Thanks, also to Turtlewax, Seisnav and Ella. Given how many people (like me) invested in the first place for a deal with AA, do any of you have a view on what a JV deal would have to look like to really impress the market and persuade investors to stay for a much higher price , rather than just cause a wall of selling into a higher share price. I will be pleasantly surprised if we can sell above 8p again because I think investors are now tired of the stock unless the deal is simply amazing, with a substantial (not sure what investors would regards that as) cash component to Arc. But I also think that if we get to early April when the start of the drilling season is around the corner, with no news, and no plans to do our own drilling, no drill rigs booked, investors (like me) will start worrying there is no deal, and without the Casa money, a need to raise more cash. Maybe AA are just doing things in their own time, like all big companies, but despite the story that we have interest from two other companies, all our eggs seem to be in this one basket, so lets hope its the right basket! DYOR! GLA.

Hi all, This is my first post, but thanks everyone for the ongoing commentary; some of it is very helpful... I have exposure to copper through Rambler (which despite the SP performance, I am happy with), and Arc and I have held too many of Oct 20 @3.9p! When I first joined the City in the 1980's, one lesson I thought I learned was; if you buy a share for a reason and the reason doesn't happen, don't look for another reason! My reason was a deal with AA and target price of 8p. Typically the SP hit 8p and I got greedy and didn't sell when I should have!

Anyway, here's the questions, which I would appreciate help with; I'm not interested in Casa... it's relevance is solely whether we have enough cash to continue if we need to do our own drilling (which I hope we don't need), but my question to fellow investors is this. The communication (when there is bad news) has not been good, so be it, but we were told in the recent conference call that there were now no hurdles to stop a deal being done, and the aeromag survey results would be out within "two weeks" and we would see those results (or words to that effect).... it's now four weeks later.

Do you think this is simply a case of any JV partner taking a normal amount of time to analyse them, or is there a worry that they might be disappointing (or not great) like last years drill results (I've worked for years in mining but am not a geologist), and is it possible they could impact on any deal, or is this just targeting? Any thoughts on if we have a deal on the table as was mentioned, on when it could close, most welcome! Finally, could someone please let me know when the drilling season in Zambia should start? End of March? Many thanks in advance.