Member Info for DonkeyOatey

The armchair experts at it again! I doubt you all could be worse experts in law than you appear to be in mining investment, given most of you have claimed to be holding all the way down from 8p to 2p! I'd be very curious to see how the CPS would justify bringing a case against a non-UK domiciled individual for suggesting individuals considering investing in arc do research about the history of the staff running said company, particularly the "executive chairman" of a non-UK registered company (since this is a BVI registered firm.) Jurisdictional issues aside, I'm pretty confident that I could demonstrate that under almost all circumstances (not just these particular circumstances) it is reasonable to suggest publicly that future investors should research particularly the negative histories of the leaders of their target investment. Incidentally I don't believe you will find that the PHA 1997 is intended to curtail free speech, particularly in fora concerning listed companies and the behaviour/history of their directors. However the behaviour of plenty of the online rampers could well be regarded as a course of conduct against the posters who are negative about this company's prospects given the number of personal comments which are directed at people like Ella and noresco without any obvious legitimate purpose. One could always get an NPO and sue in the civil courts, since the Police/CPS would (and should) have no interest in such trivia. But then there's the non-inconsequential consideration of wasting the court's time, an expensive mistake to make.

It would actually be really interesting to have NvS try to bring a civil claim against anyone pointing out his actions in his previous (and indeed current) positions, since my own comments are all based on factual information freely available and in the public domain. It would be easy to get an NPO but then rather more challenging to convince a judge in England or Wales that anything false has been stated, or that there is any wrongdoing, criminally or civally, in encouraging others to research into the background and corporate history of a director of a London listed entity. The reasonable man (who had a habit of lurking on a previous incarnation of the nmr 88 bus) would likely regard such suggestions as normal and legitimate due diligence. But don't let reality interfere with your wild speculations and fantasies - after all, it's served you so very well in your arc investment decisions!!!! Remember: the deal was due to close "within weeks not months!" How many months ago was that? Half a year? A year?!

Yes the gimp is good. Although perhaps The.Tw.at would also be appropriate, although that probably needs reserving for NvS who I notice sadly also sits on your BoD. In fact, his presence on the Omi bod stopped me from buying her months ago, saved me a fortune. The guy is utterly toxic and seems to utterly destroy shareholder value in which ever trough into which he sticks his greedy little snout.

Lol, turtle, I've nothing against Rothschild & Co. But now that you say that, it probably does explain why NvS decided to use them at Arc - old pals from before, so why not throw a bunch of arc shareholder money their way, after all it isn't his money, so dishing it out to pals from the old days should be no problem! It's been "transformation just around the corner" now for so many years from these fantasists that I forget just how many years this nonsense has dragged on. You're also right to mention bumi, anyone thinking of investing in arc should definitely research the behaviour of NvS who was booted out of Bumi, and NvS was described by Bumi's major shareholder as being absolutely the wrong kind of person to be running an international mining company. All fully researchable online, for any new investors fortunately.

No, I also said "either that or it's just pure dishonestly on your part" and you've just confirmed for us all that you are a liar, by your own admission. Good to know that all postings by you can simply be ignored as dishonest :)

Yes, I imagine most of the cash, should any actually get paid, will disappear into Nicky's pocket and the merchant bank who negotiated the "transformational deal" which has, this far, transformed the share price from 8p to 2p! Genius! Make sure NvS gets a big raise for delivering shareholder value!!!! The only people here who will never see a penny are the PIs who've simply been easy fodder for the professional parasites to feed off. Typical aim.

PP, you said: "Donkey-you make it all sound good. You say the nickel could be incredible. And the uranium licenses under pin the balance sheet."

So perhaps you could just point us to the date and time when I said that the "uranium licenses under pin the balance sheet" to quote you directly?

Glad you've clarified your definitions of the words in question, I can only presume it is reading comprehension skills you lack since you're trying to quote me as saying something I've never ever said! Either that or it's just pure dishonestly on your part.

I'm sure they do know what they are doing, that's probably why they haven't finalized any deal here and haven't given you any cash! This is running on fumes now, and there's Nicky's six figure salary to pay, so however poor value any raise or loan is, you can be sure it will be done so that a certain pig can keep its nose in the arc trough.

What you claim: "Donkey-you make it all sound good. You say the nickel could be incredible. And the uranium licenses under pin the balance sheet."

What I actually said: "But as we all know the real upside here comes from the retained uranium licences in the Athabasca basin, the spinouts simply underpin the balance sheet"

I will leave it for anyone who can actually read and comprehend what was actually written to assess whether your statement is accurate; perhaps you simply don't understand the difference between "upside" and "underpins"? You could of course just prove me wrong by quoting the date and time when I supposedly said that the uranium underpins the balance sheet, as you claim I said... Go on, take your time.

Pp, why have you bought into an EXPLORATION company if you want certainties, ie discovered results? Sounds like you'd be much better waiting until Pow discover something directly or in a spin out, and then you can trundle along and buy the shares for 10-15x the price.

I did NOT say the uranium underpins the balance sheet. I suggest you go to Specsavers, reread what I wrote, then engage brain before fingers.

I would be very careful relying on what the CEO says, he is the same individual who stated about four months ago that the Anglo deal would be finished in "a matters of weeks not months"! He's also the guy who was booted out of Bumi where the largest shareholder, Nat Rothschild, said NvS was completely unsuitable as a leader of an international mining company!

PP, that's not really correct, the model has always been to explore a bit and if further investment needed, spin them out into their own vehicle and keep a largeish stake so that the raised funds can fund the further exploration rather than further diluting pow holders. PJ set it up this way from the beginning, with the belief that 50-60% of the upside on the prospects from multiple projects was a much more secure approach than 100% upside on just one project. I appreciate we've also had the MFC project, but from the way this is discussed, even keeping 20% of a world class.nickel asset could be incredible. But as we all know the real upside here comes from the retained uranium licences in the Athabasca basin, the spinouts simply underpin the balance sheet such that the floor for the company's value keeps rising as each Spinout is completed (nb company value is NOT equal to the share price!)

No, I always think it's a good thing to remind any newbies to research the leadership of companies they are considering investing into. So anyone new here should investigate the "executive chairman" NvS and his time at Bumi. If that entire debacle doesn't convince them that they shouldn't trust their money to such a person, I would be very surprised. The entire situation was a disaster, and to quote Nat Rothschild, "(NvS) couldn't be less qualified to be CEO of a global mining company"!!! Says it all, really.

Indeed, noresco! It's amazing that after all these years of delays and non-delivery, a few people here still don't realize that something is very wrong. I hope anyone considering an investment in arc will research the behaviour of the "executive chairman" when he was at Bumi and was given the boot from that position. His track record of delivering for shareholders is rather poor when you look at Bumi, Orosur and Arc. They say a picture's worth a thousand words, and the picture painted by NvS's history of failure is pretty dismal, more Bleak House than Full House!

Whilst I've no disagreement about CJ being rather a dim bulb, she looks like Einstein when compared with a certain former Shadow Education Secretary who left school with more illegitimate kids than GCSEs! Roll on the new LIEbour government, they can complete the job of destroying the country entirely (amazing to think that I voted Tory at the last GE and ended up with this complete shower of a gvmt, some sort of hybrid party combining the Greens with the LibDims coupled with a bit of the English Socialists just for good measure.) NeverAgainTory, that's me.

Lmao, recovery?! The 52w low is 2.3p; the current share price is 2.45p... that's a difference easily lost in rounding, it's no recovery! The current low share price is still vastly overpriced, but at least demonstrates what the market thinks of the poor management here.

Jay, good luck with Arc, it seems like a one trick pony to me which is massively overvalued for a company which is running on fumes and has a very high cash burn with enormous salaries for staff achieving very little who can't adequately research their largest item of value (Tingo), can't ever achieve anything they promise in the ridiculous timeframes they put forward, and who will no doubt soon be getting big raises for.delivering shareholder value! NvS was an absolute disaster at Bumi, so when I researched him at a time I was hearing a lot about Arc and Anglo, I looked into all of his disaster at Bumi and didn't like the smell. So I've steered clear of anything NvS is involved with. It's stopped me losing a fortune frankly. Everything I researched about the guy, and watched his patronising presentations, made me think he is a very unsuitable leader for companies into which I will invest. It's given me a lot of cash sitting around earning little interest, but I've put 60k of it into Pow at these prices for the long term, so hopefully the low interest was the price I paid to.not.lose 75-80% of my capital as has very sadly been the case for those invested in many of the companies he seems to be associated with. Good luck at Arc, I'm afraid you're going to need it. Something is clearly very off there as this Anglo deal has dragged on for years, and still there's no money in the bank. I'll let you guess where most of that money will be going, if the deal actually ever gets done. Again, wish you good luck with it.

But warrants raise cash for running the business! If the shares get up to the warrant prices, it's a win-win for a business like power, they get money to run and invest in the business and shareholders have a much higher share price. I understand that those who bought in higher are frustrated, but I just don't understand why you would have bought into a company with such a high valuation with no quantifiable assets to back it up?

I am interested that someone mentioned orosur, what is going on there? The presence of a certain nick Von schirnding kept me from investing into orosur, and looking at the share price I'm glad I did. Amazingly I seem to have avoided losing money on aim miners by avoiding companies associated with that particular individual, whom i personally regard as being very bad news. It's almost like there's a connection!

Just so I understand, you're unhappy that the shares in issue have almost trebled whilst the balance sheet has increased 30x? Personally, if they treble the shares in issue to 6b and get the balance sheet up to 500m I will be thrilled!

It's so badly run, that it's starting to be rather funny actually, Peggy! But PIs continuing their dreaming despite months of delays is quite common, there's a certain Russia-focused pgm miner on aim where a sale has been due any day now for the last few years!!! Some years ago their chairman came out with a comment that a Jorc would be release "shortly" and it still hasn't happened. Perhaps the oh-so-excellent NvS got his inspiration from them? Bumi must count their lucky stars every day that they managed to get rid of him.

Admiral, the subscription price was NOT 0.0085p, it was exactly 100x that price! £0.0085 or, if you prefer in pence 0.85p