Member Info for extracover46

Don't give up on it Ping !!
Ec46

--on asking Ella to come up with some evidence for claims of tardy nature of arbitration cases in Z.

Ella-perhaps you could enlighten us with specific and recent examples-always like to see statements backed up by documented sources in the public domain!

The local Sami need to come out and put their cards on the table and communicate what they want out of any deal.
Their needs to be a change of thinking away from the narrow for and against viewpoints in which the greens and the eco -warriors are only too well immersed. There needs to be communication so that a situation can be reached where the benefits of the mine can be captured by all parties-with the exception of course of those that are so narrow-minded that nothing will persuade them otherwise.
If one takes longer term and dispassionate view of things and accept that any mine will have an end of life then it follows that future generations of Sami herders can still reclaim that bit of "their" land over which so much fuss was made back in 2022 (or whenever Sweden actually made a decision).
If I was Sami I would be bidding for a levy on ore extracted with the monies to be paid into a fund for compensation for the mining impact on their business and to support their culture etc.

With all the focus on the Zambian Court system -are we forgetting the forthcoming (?) action in the UK High Court featuring ARCM vs Terra Metals??

Inflation fears tend to hit those cos hardest in the ("in-between ") category.
If MKS can still continue communicating its quality/price positioning then it should be able to weather the forthcoming media storm of inflation induced poverty in the UK.
How many of you can recall inflation and in rates well over 15% in the past?
PS-I know that millions will be impacted by cost rises which will impact discretionary spending but the media will have a field day of course, which will only serve to drive down sentiment.
PS-am not a rabid

Whilst he usually reports on holdings every 6 months or so I thought the recent RNS showing 74.7% held in Sweden
cf 73.4% in July last year was quite timely. Might also help in the decision making- process when politicos eventually work out that whilst it's an overseas company the great majority of its share ownership is (currently) very much home-based.

https://www.tellerreport.com/news/2021-11-01-every-year--60-reindeer-were-killed-in-traffic-at-the-airport-in-pajala---now-it-is-zero.S1FuzQXpIt.html

Doesn't initially look all that relevant but read on-common sense and working together plus compensation some of which came from mining company has helped reduce negative impacts of development in traditional reindeer herding areas.
Hope the link works?

S2
You shouldn't have to explain your investment decisions or non decisions to anyone -least of all on a public BB such as this-although this one is (still) reasonably polite.
I think we can all look back with the benefit of hindsight and rather wished we had hit the sell button.
I'm sure there is a record of the no of shares in issue 10 years ago cf to today which will bring more of an air of reality to proceedings as will be the calculations around the valuation of the stuff in the ground (pre extraction) and how this translates to the sp.

I seem to recall through a haze of decaying grey matter that it was 60p plus a decade or so ago .
Corrections welcomed pls.

Thanks P5

Thanks P5
Also had nothing from the PR company.
Might I be cheeky and ask if you could let us see all/some of the note you wrote to Vigo so that maybe others might get a handle on what questions they might also like to follow up on.
Drip--drip --and stones (speaking as an ancient geomorphologist!

Having read through this carefully I don't think that the Sami Parliament have got the point (or have chosen to ignore it) about the high grade ore body and how it can help drive forward the move to a move sustainable economy based on renewable resources. Also steel is 100% recyclable.
Their comment that "It's just another iron ore mine" (with the implication that there are loads in the area-which is not the case) needs to be addressed /challenged pdq-otherwise their truth will prevail!
And we have all noticed the damage that "our truths" from across the Atlantic can cause!!

As usual the mid point is all over the place; best to ignore the sells vs buys (fictional) table.
Just do some dummy trades from time to time to get a feel for what is going on.
Don't have L2 btw!!

I think the mistake has come from lazy reporting from the FT.
Below is something straight from AST's home page under Ops and Cuba where it is stated:

"Cuba currently produces approximately 45,000 bopd of mostly heavy oil with c. 100 mscf/d of gas with clear targets for growth in their E&P sector to fuel electricity generation in the country----"
So-nothing untoward (so far!!)

Agree-loads of unspent cash that would otherwise have gone on o/s hols and eating out/entertaining etc now in many people's bank accounts-thought I saw the figure in trillions over the w/e in the papers but thought that might be a bit OTT.
Anyway -the papers are also full of news about supply chain and labour shortage delays for those wanting to up-grade bathrooms and kitchens.
Regard the drop as a top up opportunity.
I mentioned a few days ago about customs delays on imported stuff-seems I was on the money for once?

TP1
Thanks but no thanks-you clearly have all the reference numbers etc for the cases which you could have provided rather than getting me to go on a fishing expedition in Zambia.
I've sent a note to ARCM anyway about your libelous comment earlier today-it is up to them whether they decide to engage in due process or not.
Just to clarify and w/o being pedantic -Scandal is the verbal term; Libel is the written term.

So-we just all give up the fight then?
History is littered with little "guys" finally succeeding against all the odds.
We should continue to challenge Parsons and the agency for answers.

There we are Ella-
You can now go back to him and say that based on what you know/claim his comment about "nothing to be concerned about" was potentially misleading and take him up on it!.
Just do it. Then if you are feeling public-spirited ,share the response you get with the rest of us.

These are the bods that are supposed to reply to investor enquiries (polite ones of course).
Needless to say my request has received no response -not even an acknowledgement.
I suggest other concerned investors have a go themselves and keep the rest of us informed.