Member Info for Early_Bird

feels like MMs have been caught short here & trying to keep a lid on to enable them to cover. Their supply has run out and the buys keep on coming. Zamsort news soon would be perfect.. this asset is tier one potential copper/cobalt play with NT trial production capabilities

When I posted that it was NT to buy.. then some muppet offloaded 500k over 3 trades which freed up 500k of loose stock... which was then gobbled up by another buyer meaning on the bell it was NT again. Buyers here gradually swallowing up the seller... Feels like its set to go next week.

NT to buy even �100 2.55p to sell 250k

Then you have the what looks to be shaping up to 100% owned 2million ounce CASA Gold resource on top.. MC here I feel is pretty ridiculous and market will wake up as and when Zamsort news lands

"EBITDA attributable to Zamsort of $4.3 million per year at $5,000/t Cu and $25,000/t Co assuming 85% of LME price for copper and 50% of LME price for cobalt. " the above is 2016 projections for ARCMs 19% stake at $25k/t Cobalt price. Current Cobalt price is $92k/t which means EBITDA of over $15m pa net to ARCMs stake. Imagine if we increase our stake here and get production back on.... :-)

not an orderly or fair market here at the moment... sorry no buying allowed

MMs here not letting people buy. Are they trying to keep a lid on things? Wonder if they are short. Certainly not an orderly market they are creating if you can sell buckets but not allowed to buy any.... Investigation required here

35k t per month ore throughput at 1% Cu and 0.2% Cobalt Equates to $72million FCF pa at cash cost of $2500/t of ore assuming 80% recovery .... 19% of that is $14m FCF pa net to ARCM. And thats trial mining! Cobalt at $85k/t really makes the numbers impressive. Note tweet: https://twitter.com/ArcMinerals/status/992031374390513664

people discrediting the CEO here because Rabat was a duster.. it really is ridiculous. the COS was always 3 times more likely to be so... when a wildcat drill hits the dirt then the CEO has done their job. The outcome is then down to a coinflip. Thats exploration. Another go at the coinflip is happening Mid October for a net prize that is actually 4 times larger than Rabat currently. People invest in a wildcat explorer and expect everything to happen in their favour are totally deluded and need a dose of reality. Invest in BP on FTSE

2 x 100k sub 8. 3 months time this will be sitting over 15p. Funded with our without FI so I see very little risk.

Quote "we *will* be spudding Namibia mid October"

good luck trying to buy volume. A very clean new offering.. IPO a month or two back which I took part in.. Virtual Reality taking the Market by storm and this is a teeny MC giving exposure to revenue from the word go. Sentiment play that could really take off.

Awesome stuff more protection of SFX-01 and readout on target for the first half of this year which is within the next 2 months... if positive open this up to multiple multi $billion markets. Current MC has a long way to go to reflect the upside here. �80-100mln on positive P2 is my target here.

now the Rabat duster is out the way it leaves a nice clean slate for new investors @ near 2 year lows. MC �29m, �22m cash, no debt, spudding Namibia H2 (fully funded) targetting 300mmbol net to CHAR and has a 30% COS rating.. Farm In likely and not forgetting $75 oil.. Compare to any other O&G stock spudding 2018... nothing comes close. MATD is next closest and thats �66m mcap

PO'd 37p in 2015... all good news since. Recent broker target of 113p given its P2 readouts are due both end of Q2 and end of H2. If successful open this up to multiple multi $billion markets. funded. MC a joke.

Investor conference call tomorrow 11am Dial in number: +44 (0) 330 336 9105.

The terribly timed placing right before Rabat Deep was in hindsight a stonking move but at the time it wasnt good at all for shareholders.... it dampened any chance of a pre spud rise being so close to spud. Thanks to that placing CHAR now have over �22m in the kitty at the moment... no doubt at all though it totally killed the Rabat pre-spud play and hence why im only getting involved properly now its out of the way.

Riding a drill result with a clearly stated Chance of Success is of course nothing other than gambling. People try and persuade themselves otherwise, happens every time... they think that a farm in partner increases the chance of success... it does not. People also think the more they research a share the more this increases the chance of success.. sounds stupid but I see it every time. Fact is NEVER ride a drill result unless you have already derisked your profits and you have free carry. The money is made on specultive oil and gas widcat explorers by getting in early and riding the pre spud hype... selling out everything then buy back in on success. CHAR the trade here has always been wait for the Rabat duster and buy the dip after given a much bigger better funded drill is happening H2.

Im pretty sure theyll be securing a farm in partner shortly... that was the whole reason for the fundraise. $75 oil and CHAR now priced at cash + 15%

All of CHARs prospects are wildcats.. thats the whole point. Big risk but huge huge upside reward on a strike... Amazes me "investors" here expect otherwise. Its all there in blak and white. If you want a steady eddy oil and gas stock there plenty of gooduns... but they dont offer the speculative upside. The CHAR business model is to keep the conveyor belt going...Get acreagaes shoot 3d then farm ourt for free carry... eventually one will strike riches and then its off to the races. "Speculative" upside is why im in here now at 8p and wll be selling all before the next spud for a very solid return.