Member Info for Ella10

I wonder if Sandfire issue an update in their acquisitions. I imagine if they are going to complete on the AFP licences that they will wait for both to complete before issuing an update. I want to see some drill results even if it is only on the licences we sold!

I'm hoping we'll get info on holes 18 and 19 tomorrow together with the assay results for hole 7. However, I agree we may get it all together later in the week with a an update on how the drills relate to the existing resource model. I hope more of the info is provided in an RNS or at least tagged in an RNS rather than by a seperate standalone presentation.

Did someone dare to suggest CB wasn't interested in any gold (I hope my hearing was playing up at that point!!)???

I take this as a guarantee that October is going to be full of positive news flow and the SP will be well above 9p by the end of the month!

We'll not get an updated JORC but an update of the model showing the relationship of the phase 2 drilling to the existing resource by the middle of next week would be great.

https://www.lse.co.uk/rns/ARCM/media-speculation-impxpn2ydlh5o6s.html

I thought we would have had the results from hole 7 yesterday but perhaps with having to get the interim results out yesterday we will get them on Monday. Considering the debate after hole 8 results the next RNS need to make clear where any mineralisation adds to the existing resource.

I think BCB is an inveterate ramper but he is generally polite as well as upbeat, so despite me being a realist I generally have no issues with their posts.
I thought we would have seen some results from the down hole EM survey on hole 2 this week?

Hi Extracover,
An exploration licence does not allow mining! We previously had an exploration licence in place that covered the area on addition to the mining licence.
Most positive aspect of the company - the licences contain some copper.

I'm sure Fulmar is full knowledge he just is unbelievably good at hiding it.
A couple of interesting points from my initial scan of yesterday's report
- unlike last year's report there is no reference to ARCM having a mining licence - we no longer have one.
- Sturec Royalty still unclear and inconsistent even within the annual report.
- As stated yesterday no end of period update on court cases - seems a bit odd if they were going as well as folk claim.

Thanks guys,
That might explain why my printer didn't like the font :).

I wonder if shareholders would be able to deciper the drone EM survey. I got the impression that this could differentiate the different porphyry units. I'm guessing holes 7 and 8 were looking for gold in the extension to the East. Hole 17 seems further out but I wonder if this was driven by something in the EM survey.

So you find me more interesting than your investment - not sure how to view that F79!

Interesting that they haven't taken the opportunity to update shareholders in 'Events after the reporting period' on the status of the court cases.

The Kalaba plant lease as reported by the Zambia media was apparently signed in May 2020 - I would expect it to be in the report.
Post period end updates should give updates on the status of the various court cases.

Hi Guys,
I'm referring to the annual report....

It's looking like it'll be an after hours RNS.

Agreed, Sandfire money in the bank and it looks like the final stages of completion are occurring. AFP's long stop date was today so I would expect them to get an update either today or tomorrow which will be interesting from a GLR perspective.

Hi Jamie's cakes,
I came to the same conclusion as Steve, after reading the RNS and looking at where hole 8 lies on our long section model and the direction it is being drilled in. I can't be certain and considering the debate here we certainly need more clarity.

Hi SQ52,
I'm obviously missing something but where does the 0.41% come into it?