Member Info for eimaj616

Indeed Fulmar. Let's hope we get a similar deal. Then maybe in the future other exploration companies will be referencing Arc as an example of how it should be done.

I listened to their CEO on a podcast this morning. Interesting to hear that they were in discussions with Rio for 18 months before a deal was finally agreed.

@Marco Remy mentioned in his Indaba 2020 presentation potentially processing from FQMs plant if we can find something big enough.

https://m.youtube.com/watch?v=IaX-EwZcMOw

It's worth noting that Kiwara didn't own 100% of their Zambian licence area when they were bought out by FQM for $260m. I can't remember the exact details off the top of my head but it's worth looking through the Kiwara RNS history for those that haven't already.

That's my hopes/thoughts as well Rich

On to the next one. Why hang around for a commercial transaction when you've already made 10%

https://www.miningmx.com/news/gold/44489-barrick-gold-monitoring-zambia-weighs-expansion-opportunities-for-lumwana/

https://www.mining-journal.com/copper-news/news/1400486/rio-takes-shine-to-midnight-sun%E2%80%99s-project-in-zambia

Two articles showing interest in Zambia from major miners.

https://www.reuters.com/article/uk-zambia-mining-glencore/cash-strapped-zambia-takes-on-15-billion-debt-to-buy-glencore-copper-mine-idUSKBN29O199

Very happy with the progress this week. Hargreave Hale now onboard, confirmation of negotiations and finally a real reaction seen in the SP. Dry January is now cancelled.
Hopefully some form of partnership with Anglo will be announced 'shortly' and a major discovery or two later in the year.

There was another email posted on the Telegram chat. NvS said that the extension was for a further 6 months but he expected to hear from Anglo 'much sooner than that'

Agreed. I'd be much happier with a bigger market cap but with yesterdays news, cash coming from Casa and others waiting on the sidelines surely an offer has to reflect asset value and not market cap.

The 80% is in a different project. Don't know much about either but it looks like they own 80% of Tenke Fungureme and just bought 95% of Kisanfu.

Agree it's good to look at all angles but having been looking for copper in Zambia for 7 years not finding anything and then suddenly advertising jobs after completing their tech review on Arc it certainly looks good from our point of view.

https://www.lusakatimes.com/2013/03/27/anglo-american-returns-to-zambia-after-11-years-to-tap-copper/

We haven't had any results from drilling at Muswema this season so they are due at some point.

https://portals.landfolio.com/zambia/

All licences can be seen here

I did notice when I checked one of the jobs on the Anglo website that it showed the location as being in the far west where Anglo already hold licences. I would say that's just because they can't publicly show it as Zam/Zac though.
I don't think it's a coincidence that these jobs have become available just after Anglo have announced their technical work is complete.

I wouldn't use the words imminently or shortly on this board as it upsets some people lol.
Welcome!

True Doubleup and with NvS being ex AA he will know what they need to see.
Always like to ask in case I've missed anything.

On that point has anyone seen any potential issues with Kopara that AA might not like?

3.55 to sell 1m