Member Info for flipper56

Hopefully copper has retested the breakout and is now ready to make the next leg up. Alternatively China is going to go tiits up. Time will tell.

Surely they must have a good idea what is there. It was drilled but from memory abandoned before they could log it. I remember Marlon was always keen so hopefully he is proved right.

At least Navitas are on a roll. Given their delays elsewhere I am personally expecting FID to be delayed until 2025. But having waited so many years no big deal.

All I can hope is that this is the darkest hour before dawn. AIM has been a constant and utter waste of time in recent years except for those trading the spikes or better informed than the average investor. In recent months it has been a constant let down with Company failures and ARCM yesterday summed it all up for me. Block buster news ahead or are we heading into the summer doldrums ?.

HZ - thanks for your posts re ARCM. As a holder I hope you are right. They need to sort the system out as it is casuing false trading and if your synopsis is correct, damaging the image of their mining authorities. It has now affected XTR, AFP and now ARCM and thats just my portfolio companies. I can imagine many investors being stopped out which will hardly improve sentiment across AIM exploration stocks.

Surprised how todays RNS has received such little reaction - 2 posts as I write.

As a ARCM investor I am very unimpressed. Not the way to attract investors to Zambia or AIM for that matter. I expect it to be resolved subject to a few brown envelopes but shows the risks involved.

That's probably why he is a Finance Director .................

I just got round to listening to yesterdays BZT podcast. Not much about BZT but I thought positive for GLR and XTR. I wasn't expecting drilling in NW Zambia this year so that is a positive. October could be interesting .........

What's not to like about the new Labour manifesto. A return to the idylic world of windmills and wholesome food and an end to exploiting factories and businesses.. The sooner the trees currently covering the Greenbelt are chopped down the better, just think of how much clean energy that wood wil provide. And the sewage that will flow into the sea from those 1.5 million houses will be great for the growth of seaweed, a healthy alternative source of food. I even hear Labour are going to cap migration at 8 billion people.

I just prey Labout has no say in the Falklands oil industry !!!.

Shouldn't todays RNS for BZT have been for Luansobe ?. Luansobe has the mining license !.

In a podcast a while ago they said they would be drilling Shinganda within weeks. Was that just the usual wishful thinking ?

I appreciate H & G is owned by BZT. But according to the podcast the 2 projects will probably be developed together by sharing processing facilities and potentially a rail link to the coast - or sold off as one (I won't bother relistening but I think that was how it was said).

Interesting from the point of AFP and Ongombo. I didn't realise they were waiting on the H & G license to move things forward. Hopefully the market will finally wake up, it has been frustrating watching copper go up but no interest in the Birdie Group. Lets hope for that game changing RNS to liven things up.

Iky - glad you aren't banned. My thoughts are the same as you.

Can't see why the posts were deleted, nothing wrong with a bit of hope and positivity. Fingers crossed ......

Thanks for outlining the presentation. I have to admit the lack of share buying does surprise me but at least there does seem some effort to spread the word to a wider audience.

"So what's the hurry?"

Equally, is that the plan ? Last year we were told by the Company that production would start Mid 2023. Cooper Lemon now tell us September/October 2024. Some on here say it will be shortly sold.

The net result is we no longer attract new investors despite record high copper prices. Why ? Because no one knows what they are investing in or see any potential shareholder returns ?.

With Mopani one side, Chillerton Group the other I can easily see ready interest so I am not negative. But at some point we will need money coming in to fund 2025 and beyond. And obviously the point of a discussion board is to discuss.

2023: Star Zinc, Kat* zinc production, Luansobe production by mid 2023, Ferber drilling.

2024 ?

A few weeks ago Colin said drilling will shortly start at Shinganda. The policy now seems to just throw out the odd inuendo on a podcast, ideally by someone who isn't employed by the Company. My only hope is that something serious is going on behind the scenes at Luansobe. TYM are now drilling quite close by and we have willing buyers on both sides of the Luansobe license. But like others, I treat no news as bad news especially when accompanied by a falling shareprice. AIM is sadly predictable in that.

Https://oilprice.com/Metals/Commodities/Jeff-Currie-Copper-Is-The-Best-Trade-Of-My-Career.html