Member Info for doubleup

Hi Ella,

So why 2-2.5p?

100%, if you dont like the company or the direction you think its heading then sell, only a fool would stay invested in something they have let faith in. Shareprice is ****e but look across the junior resource market on AIM, majority 50-60% off highs. when someone says 2p or 20p the question is always why. what gives a 20million or 200 million valuation. To say 2p as the company has nothing is odd as to me if the company has nothing and is just a shell it would be say 500k - 1mill??

Genuine question, if thinks 2-2.5p gives a valuation of 21-26 odd million, to assume or state a stock should be 20odd million was wondering what they had for this valuation?

Out of interest Ella, what gives you this valuation? what are you basing it on?

Or from the horses mouth-

we have close to $4m in cash reserves so we’re not considering any raise.

Regards, Nick

The company has $4 million in cash, why would they need to place?

Buy and sell price was 1.15, 2.25 are buys

Ella, are you suggesting a national Zambian newspaper and Zambian Court are in collaboration with ARC to issue a court statement for traders to exit positions???

Its not good or bad news for the company as was dismissed from the start, is good for investors sentiment though

There has been no reaction, there is no weakness in the book its just illiquid due to the shareholding. There has been a 2858 shares sell and a 4252 buy. Big bucks

Another great one

Read 5th May RNS!

Read 5th May RNS

Its an injunction against the Kalaba plant, nothing more and does not affect drilling program that is underway.

Anyway, continue with the madness of emotional investors and those with hidden agendas :)

Good Day all

Current SP is based on investors sentiment, be it at todays price or when it hit 8p. Facts are still in talks with AA. Price is controlled by the mob

So the vast majority of juniors are down around the same as arc yet arc are down because of a no deal thats not been announced and still within the time from given from the start...... interesting :)

Trade facts not emotions people.

Minors as in Juniors

Sorry to be the one to bring any sense here but has anyone else noticed most resource minors have come off a fair bit in the last few months or is it just me?

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