RE: Still17 Nov 2021 09:14
I don't think too many folk think a downhole length of 4.3m @ 0.59% copper is a massive amount of copper.
Even if weget a positive outcome in court today there is still this issue to be dealt with:
'The Company notes media speculation in a Zambian newspaper in respect of a debt claim made by Terra Metals and others, including Mumena Mushinge, a former shareholder of Zamsort Ltd ("Zamsort") against Zamsort, a subsidiary of the Company, in connection with a $5.8m capital raise by Zamsort in 2015 (prior to Arc becoming a shareholder of Zamsort). Arc considers that the case is without any merit, as originally notified on 10 March 2021.'