Member Info for Ella10

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On the 16th Aug core cutting from hole 1 was expected to take 3-4 weeks. It would be interesting to know what was in the core at 370m. There were sulphides present at shallower levels in hole 1. Any thoughts on if the shallower level sulphides in hole 1 are connected to the deeper sulphides in hole 2? How would this be determined - whole rock analysis? The conductor goes across the whole area but it's difficult to know if they still believe the conductor at hole 1 was at 370m.

With first assay results?

It did make me laugh :-). Thanks for sharing!
https://mobile.twitter.com/Ben_Turney?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Hi Professor,
The conclusions I've come to are based on Google searches, the RNS and Ben's interview. Apart from those I have zero knowledge so I am possibly way off with my Bushveld assumption. I assume the drill shift change Ben mentioned was to give the drillers that were previously covering a break, rather than the standard shift change. If that was the case then I suspect the risk of a leak would have increased from that point, hence this morning's RNS. I also got the impression Ben was going to get advice this afternoon so this was a second reason for releasing the news this morning. I think he would like the assays but if I am reading it correctly he will struggle to keep a lid on the rest of news until the assays are returned. This could be totally incorrect and we may have found close zilch. If the price remains low in the morning g my plan is to try to free up some more funds to add. The is junior exploration so VERY RISKY and I won't be putting my life savings into it but do feel that it is looking VERY promising.
TK95,
It's worth a look at the sulphide levels they discuss in relation to Bushveld.

AgentSmyth,
I don't think the the annual results are technically overdue until after the end of Sept. I do agree we need some news. I assume we will get news of the sale to SFR tomorrow but I must admit that I didn't expect it to go to the wire so I am starting to get a little concerned. As for other news it's WELL OVERDUE MR BIRD.

Hi F79,
I may be on the totally wrong track but I suspect we will get another RNS in the next few days. I think they need advice on what they found but needed to release info to the market first as they were afraid of a leak. I think once they get some additional advice and confirmation we will get more info. I suspect we will get more info before assays because they will struggle to prevent a leak and will have to take the decision to update the market even though they don't have assays. Could be totally wrong but that's my reading of the situation as it currently stands.

.

Hi MattyBuoy,
That's exactly where my geologist friend google took me..

Tk95,
I suspect we have significant quantities of PGMs which would make it economical.

.

'Ø The very coarse (pegmatitic) pyroxenite appears, on visual inspection, to contain disseminated chalcopyrite (copper sulphide) and chromite, as well as section of coarse anorthosite'
I used my geologist friend google and searchd for
very coarse (pegmatitic) pyroxenite, chromite and anorthosite and found some very exciting relationships.

I think more telling than Ben being excited is the fact that the guys on the ground seem to be bouncing.

I'm taking it as good news and assays for hole 1 will be interesting. It is interesting that the down hole TDEM survey hasn't been mentioned. I assume this is either because they know it won't happen or hopefully because it is no longer so important.

Thanks F79,
We obviously disagree on some aspects. Companies House is currently chasing the apparent discrepancy with GSEP.

Ihowells,
I suggest you look throught the various RNS, annual accounts and MTC announcements regarding the potential additional Sturec Royalty, digest the anomalies and take a guess at which version applies and if we will get any payment.

Hi Fulmar,
I received an email last week so yes I can, at least in part, see what is about to happen here. :#)

Hi Mogmeister,
The sun does indeed shine in my world - there's also some rain - both form part of a balanced ecosystem
It is interesting that some posters here think that they contribute to the ARCM BB by only posting criticism of other posters with zero info on the company posted. My posts are based on research and evidence to the contrary hasn't been shown. Some issues with ARCM appear to be
1. CASA was apparently sold to GSEP, who was dormant and during the period concerned was exempt from accounts due to that dormancy. They don't appear to have acquired any assets but are apparently now selling CASA. There appears to be a £1.95m liability related to Tremont Master Holdings that goes with CASA. There appear to have been several attempts to shift CASA liabilities to various parties in the past 3 years.
2. Court case(s)
3. Kalaba mining licence disappearing in spite of the fact that ARCM were going to be producing FCF from it. Other licence changes not notified to shareholders.
4. Surrender of Options appear to have occurred when directors would have been privy to inside info.
5. Apparent lease of Kalaba plant to a director without disclosure.
6. Revenue producing going into 2022 - really???
The list goes on.
It now appears the pump and dump brigade have taken positions. It will be interesting to see what happens if AA insist radio silence isn't enough and share suspension is required....

Hi Keith,
Thanks for sharing your thoughts.
The conductor appeared to be higher than expected in respect to the gabbro for drill 1. I am assuming they will have reinterpreted the TDEM survey using the info from drill 1 and will have used this for positioning drill 2.

Hi Keith,
I assumed that A2-2 was still targeting the A2 anomaly detected by TDEM. From the 16th August RNS
'Hole TA2DD002 targets a deeper 'Norilsk-style keel' Karoo gabbro, as well as the western edge of the A2 conductor (targeted by Hole TA2DD001). '
And from 23rd Aug RNS
'-    Hole to target western part of the same >1km geophysical anomaly ("Target A2") drilled at Hole TA2DD001 (announced 20 April 2021)'
Do you think this potential 'feeder zone' is off the edge of the anomaly? I have possibly missed something in the various presentations.
I was surprised that they went from one side to the other rather than targeting something in the middle but I'm no geologist and I assume they are drilling in the position they think best places them to get a better understanding of the system.
I agree the time taken suggests they are drilling deeper but perhaps they are taking a little extra time to get an RNS together in order to avoid the criticism they got previously and we will have a fab RNS on Monday morning.