Member Info for Ella10

Yes, it is a reference to Ditau and I assume the Anglo reference is Unki mine. Those rushed assays are preventing me getting too excited.

I am surprised that ENRG Elements (previously Kopore) haven't made more of a fuss of the drilling. They have a free carry on a 25% interest and are listed on the ASX. The ASX have quite strict disclosure rules and $EEL don't appear to have even put out an announcement about the drilling. A bit odd considering the interest in Cobre.

Hi Fulmar,
What are your views on the Virgo licences? How long will it take for ARC to find copper?

I'm not sure such comments are appropriate for this board. I hope Sasha will soon come to realise this :-).

Have a nice relaxing flight knowing that some great people have contributed to you reaching Johannesburg safely :-).

https://mobile.twitter.com/Ben_Turney/status/1560336480643465216

Oh...

Kopara? Struggling...
I did wonder if there could be something related to Kopore (or ENRG Elements) but struggled to see what considering the free carry and buyout option already in place.

Is Vas still stuck in that window?? I thought he had already escaped! I'm expecting him to find some copper in hot, hot, hot Botswana!

Another interesting day with GLR. I had a wee chuckle earlier :-).

A lot to digest, even at a superficial level. Appears very positive. I don't know how successful KAV will be in acquiring a JV partner, prior to hitting economic mineralisation, but Richard Hornsey certainly seems to have the right pedigree for assistng in the mission.

I hope PL036 is ready for drilling. I assume that the prospectus, required for the Kanye deal, will be approved and issued prior to announcing drilling.

I could see CB wanting to continue drilling if there was reason to believe that there were any more higher grade areas in the licence.
I would like to hear more detail on the longer term plans for Manica.

I'm impressed :-).

Hi Fulmar,
Any thoughts on when that good news will land?

Hi Metalhead,
The honest answer is I don't know. Is it the difference between background and anomalous copper levels. The following announcement discusses the method used for ARCM analysis
https://www.investi.com.au/api/announcements/kmt/b91ceadd-70e.pdf

Cobre are doing well. It is not many weeks ago that they signed an agreement that allows them to acquire 100% ownership of the project. Ben, I' m hoping for similar results with comparable timescales!

I must congratulate the ARCM boys on a beautifully crafted RNS.
Small_Holding, we didn't know that 'we were into the second 90 days'.
"Accordingly, a second 90 day exclusivity period will commence to allow sufficient time for the conclusion of the due diligence and the negotiation and execution of the Joint Venture Documents as contemplated in the original announcement of 12 May 2022 relating to the transaction."
There is no mention of what aspects of the DD have been successfully completed or any agreement. My guess is that things are currently stalled and that a further 90 days may commence at some stage in the future, when Anglo are more comfortable (perhaps related to the licences or the mining policy in Zambia).

Andmillsy,
Thanks for the numbers and rationale.

that Richard Hornsey has completed his review of data from the proof of concept drill campaign
https://mobile.twitter.com/Ben_Turney/status/1558526183012286464