Member Info for Ella10

I assume we will get an update when MMP have completed production and start comissioning the plant?

In terms of a model I wonder if we could get something similar to the original long section we got for Racecourse. If we could get a few of these diagrams showing the drill results and extrapolated mineralisation, with grades and some mechanism to aid understanding of where the new areas of mineralisation are it would help. I realise that we already have a lot of cross section diagrams but I find it difficult to extrapolate these into an expanded resource. I think we need something in an RNS to convince investors. Unsurprisingly I also want to see what the model of the higher grade gold area shows...

Hi Fulmar,
Are you suggesting that the annual report is a work of fiction?
'During the period, a lease agreement over the Zamsort plant was entered into with an ex-director of the Company. Due to non-performance and inactivity, the lease agreement was cancelled before the end of the financial period. No income or expenses were incurred in relation to the lease agreement. '

I'm not sure how there were no expenses considering the various court cases.
If you spent a little more time on research your posts might have a bit more credibility - but don't that influence you! I'm sure the genuine investors here who are under water are really enjoying reading the board in it's current state and are grateful to your significant contribution.

Hi Turtlewax,
Obviously there are a lot of issues in Zambia. The article doesn't make a pleasant read. I didn't see mention of the AA court case.

Hi Fulmar,
I'm not sure how ARC leasing the Kalaba plant for zero consideration while telling investors a completely different story is ARC highlighting manipulation. I'm sure the statement in the investor call that the licence reorganisation related to a potential commercial transaction was probably them highlighting manipulation but I'm not quite sure how. Perhaps you can elaborate?

Anyone want to know how many kg/t gold is in the SE porphyry? ;-)

Hi Fulmar,
CB reads this board. MR Bird you may also wish to read the JLP board.
Unsurprisingly I refuse to be bullied on the ARCM board. I have been accused of being China Blue on Twitter, various multiple aliases on LSE, someone acting on behalf Mumena Mushinge a Zambian entrepreneur, someone acting on behalf of the KAV BOD and the latest is that I am Mr Colin Bird himself and someone acting on behalf of the JLP board. All because I post great research that isn't ramping ARCM. I realise that CB could be accused of taking to himself here - perhaps advancing age has made me forget who I am.

Hi SeisNav,
You posted the following on the JLP board
'From what I can understand of the tweet there is an accusation of market manipulation of ARCM share price whilst they are in NDA's with several major mining companies. 19906 is one of ARCM's licenses and there have been a series of bogus actions against ARCM with the aim of preventing any deal going through and forcing a settlement. China Blue and Ella10 have been conducting an organised campaign against the company for months including fake news articles etc. How Colin Bird / Jubilee fit into this I have no idea but I would hope if there's nothing in it they would come out and say so.'
Could you please explain what fake news articles are you are referring to and what my involvement has been?

'I hope Jubilee Metals aren’t involved in anything dodgy, they are one of my other holdings, and a very successful one!'

Thanks for the info SeisNav I'll have a quick look into JLP prospects with a view to a small investment. 

No worries Fulmar, I might just have a look at JLP and see of I can improve the knowledge on their board ;-).

Hilarious, apparently I am CB, MM, Colin Bird, Cattleman, Nordicinvestor, someone acting for the KAV BOD, someone acting for JLP BOD, and several others that I have forgotten. Anymore barmy theories? I suggest even a tweet about JLP and a mythical court case could land some folk in severe hot water and I'm not referring to any of my supposed aliases above.

Makes a change from the price of copper. :-)

I suspect we may be within the 10 day VWAP for the Molopo Farm transaction so in spite of the market conditions Ben will be keen to keep the SP above 5p to limit the shares being issued.

Hi Peggy,
When?? Shep posts a genuine article stating copper is at £100k per gramme then it may time to invest. At that price I think 4.3m @0.59% copper under hundreds of metres of coverage may be economical. Best to keep an eye on his informative posts but probably not likely to happen in the next few months. :-)

From the articles of association
'Shares and other Securities may be issued at such times, to such Eligible Persons, for such consideration and on such terms as the directors may by Resolution of Directors determine.'

ARCM has had a malady since March with no cure in sight, and not even a whiff of a vaccine.

Oh dear - 2.5s hit.

At 21 minutes Jeremy confirms that the conductance is conductivity x thickness. It doesn't mean we are less likely to see massive sulphides but it puts the 8200 Siemens conductance into perspective in terms of the conductivity table in S/m.
https://www.youtube.com/watch?v=LwAWyP-6M8k&ab_channel=Proactive

Hi doubleup,
I've been quite open on here. I posted my doubts about the loss of the mining licence and the lack of a deal announcement within a couple of days. I sold the majority of my holding shortly afterwards and posted that I had sold not that much later. Interestingly some folk were adamant in late June that the final negotiations were taking place and a deal would be concluded within 2-3 weeks. The same folk were also adamant that the legal issues wouldn't impact a deal happening. Apparently radio silence is a sign that a major deal is being concluded and not a sign that the BOD have zero respect for shareholders....

Hole 14 and 25 are quite vague about the copper mineralisation. We have seen that where we have higher grade gold on the eastern side that there is very little copper in the intercepts. It could be that these holes haven't hit anything significant but I assume it could also be that these holes are a continuation of the gold zone with limited copper.

Howezap,
Is it possible that the SE anomaly is the secondary porphyry body underneath racecourse. The following is from hole 16 results and I wondered what the coincident IP anomaly being referred to is.

'Elevated gold values (40m @ 0.23g/t Au from 596m) below the main Racecourse porphyry body, along with a coincident IP anomaly, suggest that a secondary porphyry body may occur at depth below the main Central Porphyry Intrusion'

https://www.investegate.co.uk/nr-investments-ltd/rns/nr-investments-calls-on-directors-to-step-aside/201301220700110479W/