Member Info for Early_Bird

looks to have found the bottom. �2.5m-3m cash here, JV now paying half.; Yes management are shite and timescales have slipped but wheels now back in motion. Bargain basement

35k t per month ore throughput at 1% Cu and 0.2% Cobalt Equates to $50-70million FCF pa at cash cost of $2500/t of ore assuming 80% recovery .... 19% of that is up to $14m FCF pa net to ARCM. And thats trial mining! Cobalt at $85k/t really makes the numbers impressive. back using 2016 commodity prices cashflow would have been 1/3rd of what it is now

https://goo.gl/t6H18S "price is a sticking point as Glencore and other major producers are now able to exert more influence in negotiations, sources said." Zamsort to me here is the key to an almighty rerate. I really like the asset and im hoping ARCM try and gain more exposure whilst also getting the trial mining starting up.

try this link https://goo.gl/arYwZ5

https://www.**********.co.uk/activity/90562/ "� Moreover, Georgian�s jv partner is extremely keen to accelerate cash flow generation from the gold oxides with mining expected to start relatively quickly. � Further detail is expected to be released on this in the short term as the Georgian team finalise details for the start of mining." Odd as their write up is so positive. I think more colour needs to be provided on todays release by the company through interview etc. Some points are unclear.

thanks for your comments mate, appreciated... and agree! frankly the way to make money is to go against the grain. Buy cheap fundamentals when sentiment is shot, as long as there is solid footing and catalysts in pipe youre on to a winning strategy. Just as shares overreach and go way overvalued, the same happens on the flip side with undervaluation. Emotion provides opportunity.

called this a buy at 8-10p last year.. it went to 25p (I took profit from 16p). it went back to current SP. Back in sub 10p and calling it a buy again. GEO have �2.5m-3m cash atm, JV fronting 50% of costs from now on. Logic always prevails in the end. Its a buy down here all day long for those who can wait a couple of months.

calling a buy when SP is halved on just timescales slipping is hardly ramping is it! Ramping is getting people to buy spikes.

now the JV is paying half.

JV now paying for 50% of all development costs whereas before GEO was paying all 100%. Projected cash �2.5-3m. I see opportunity as a new holder here at near 9p to buy! (�10m mcap). Kick in the nuts for existing holders that paid 20p+ though

"GEO and CMG will now fund the development of GCG on a 50/50 basis." Before this GEO were paying for all 100% of it to earn their 50%. Again. Stale frustrated holders will be flushed out the next few days but this price offers a cracking entry to new holders. I still remember the 5m at 40% copper. The asset is world class... thats where the value is here.

As I say, March is the time to buy GEO/(NMG) and just sell before the winter... if rule of thumb anything to go by Can see a nice line in the sand drawn today and newsflow now to kick off again. People were paying 16p here not long ago at all...

Back in here at 10p. A nice line in the sand drawn today, maybe a little frustrating for LT holders but today offers ludicrously good entry for any new holders. think current cash is around �2.5m - �3m so good for 2018 (touch wood) the assets are world class, no doubt about that and �11m offers great value. The Russians are now to be paying 50% which is actually a good thing. Historically if you look at NMG and GEO the time to be buying is March/April and the time to be selling is August. They seem to do all their action over the spring/summer months with 150% gain in SP like clockwork from March to end of May. PS whopper of a buyer propping up the bid!

https://youtu.be/elehKggxPYA �12m mcap. Fully funded. SP all time lows. Big data read outs both H1 (interim) and YE which if successful will be transformational to the Market Cap. IPO was �28m 2+ years ago when readouts were years off. All results and indications since this floating have been very positive. Should be trading �40m+ *currently* imo. Good to see this gaining interest.

here to funding being confirmed to the market. The last hurdle before this goes on a big rerate. 30mmbol Net Recoverable for �9m mcap. The only other oil and gas stock drilling H1 offering this sort of MC to drill size is MATD and thats already bagged with the drill also in June. One of my largest holdings and for good reason.

PWC wont be hanging about in liquidating Beauforts assets. 1 + 1 normally equals 2 and so the background drag in SP is very likely to be them liquidating Beauforts 2.6% position. Only 300k worth so this cheap op wont be around forever. I jumped the gun buying in wish I had loaded these prices but hey ho im extrmely comfortable here that market will wake up soon enough.

interesting structured cln deal UPL have announced this morning. People on the sidelines here still havent fathomed yet that the funding here is actually the value catalyst. It unlocks the last hurdle in this play as it now has a rig, spud date and licence extension. The funding unlocks $800m upside potnetial. The only question mark is how favourable the terms are to existing shareholders. In James Berwick we trust.

Absorbed by a seller. Beaufort held 3.4% of shares here prior to the Dec raise so possibly them liquidating their holding for creditors? Purely speculation. Either way, this share is ridiculously undervalued and at some point its going to pop. Given 90% of people like to buy in to rises itll be when the SP here starts to move on each buy that it starts to ignite. Those buying in today whilst the cheap shares are still about will do very well IMO.

Upside case: workovers are huge success 250bopd+ combined AAOG farm out 15-20% of their share leaving them with 40% exposure and are then fully funded without need for placing Downside Case: They smash a �5m raise at 10p to fund the well and workovers didnt yield increase in flow. In both these cases I see considerable upside from current levels. A - Upside would be 50p by end of May (MC �35m on spud) B- Upside would be 26p by end of May (MC �30m on spud including for �5m dilution at 10p) The market wont keep ignoring the size of the prize forever. Spud date 15th June given by James Berwick.

indeed. As I say, we are now in a position of strength here. I expect a steady rise in SP here the next month or so as news is digested and confidence is gradually restored. Management is the key. As I said before todays news if you look back when this was sub 10p. James Berwick is no aim lifestyle crook or a green ex city broker. He is a top notch CEO who has had experience directing Mid tier+ Companies and landing big big deals in this region of Africa. Market still discrediting the fact that its been upgraded from a ford fiesta to an Aston Martin.Hey ho... Ill continue to beat the drum until fair value.