Member Info for Fukurokuju79

I assume the intended commissioning of the duck pond mill in 2025 is in addition to the existing mill. Instead of in place of...anyone got a different view?

So if the higher capacity of current mill is be 2,000 tonnes per day (tpd) mining rate creating 11,500 tonnes of copper concentrate annually. Then with **** pond mill with Max capacity of 2,200 tpdv and assuming equal grade material and equal recovery rates from the duck pond mill (appreciated these are variables but indicatively; then that would increase annual copper concentrate from 11,500 tonnes to 23-24,000 per annum.

That's close to quarter of a billion dollars at current prices.
With the positive jaws of also improving efficiencies and cost reduction etc

That would be nice. I'm all in on copper stocks ATM. Chose a few have a few here but not largest position although will add more when ithersy hopefully work out to balance off. I'm still tempted by the good old BCN and may buy back in at some stage. Won't miss much with at the Secker pace if I hold back for now lol.
Glad you're well

Addicknt, how are you..you invested here then?

Sounds good. Copper price is going great guns too....can only be favourable.

That's was the tweet Fulmar.

RC Minerals
@ArcMinerals
·
2h
#ARCM #Copper prices hit their highest since 2011 as global economic recovery spurs rally in metals | Prices Surging, Cricital for Green Economy, Demand set to increase Exponentially |
@MktsInsider

I'm assuming those with any research invested here because 2020 provided a great turnaround opportunity here. Supported by the forward outlook for RMM, and with the ridiculously strong backdrop of copper.

I won't be buying more as I've got a very good position and no need to average up. However more upside from here for sure. It's just starting tbh.
Like this bit...sums up what I expect over next 6 - 9 months as the warm up...

"From a standing start in the middle of December 2020, we expect it to take 9 to 12 months to achieve this recovery. There is complete confidence that all the issues can be addressed and the true potential of the Ming Mine will be realised."

Often you get what you pay for. I can understand if you trade lower value and volume that the trade price is more important. I personally use HL and as said it lowers with after x number of trades. That said the lower transaction fee brokers (generally) tend to have poorer liquidity when you want to trade and don't always have the companies available etc
So I stick with what works for me tbh but we all have different requirements so may not be right for others

Actually, 6 months from admission on 8th Dec.

Also agree with Cornish about that hedge.

Jammer

Yes 6 months from admission so around 2nd June

CE Mining III and Aether collectively hold shares representing in aggregate 39.8% of the ordinary share capital of the Company on Admission ( but that percentage is a little lower now)

The agreement was that they .....
'will undertake to the Company and SP Angel that, other than in certain limited circumstances, they will not dispose of any interest in the Converted Shares for a period of 6 months following Admission, and that for a further period of 6 months following the expiry of the initial 6 month period, they shall only dispose of an interest in the Converted Shares provided such disposal is effected only through the broker for the time being of the Company and in such manner that the broker may reasonably require with a view to the maintenance of an orderly market in the New Ordinary Shares.'

So while they can sell after 6 months there are protections in place to make any selling more orderly and transparent to the company.

The price action today. Gradually moving to where it should be bit more to go yet imo.
Overhang gone and market starting to see the valuation anomaly so if say 1p + should be easy enough way before end of this year personally.
ATB gla

Dodkins, no it doesn't.
You need to divide whatever market cap you believe a company is worth by the shares in issue. In this case around over 10 billion.
Obviously in your case you would also have to apply a conversion for exchange rate from USD to gbp.
So on your $900 million it would be more like 6p than £7.50p. close though lol
Anyway best bet ATM is to wait for developments and updates and determine from there. Should be easily double today's and then some as many have said. While you can expect more than this over a longer timeframe.
Gla atb

Whatever it be it'll have to be agreed by then all and and I'd rather we keep as much for us as possible.
Either way only time will tell and I look forward to hearing what happens.
ATB

Totally agree Apr.....drill drill drill

I like the thought of a JV with AA to extract maximum potential share value. Especially if AA pony up for progress at Zambia. They could lead and Arc manage the potentially new asset in the KCB in Botswana (subject to that completing).

As some also say a new asset being signed could be to have a highly prospective project if indeed a buyout is on the cards.

Can't really put any pieces together though and can only wait. I personally like the finality offered by a full buyout, takes out any potential investor regret as the price is what it is. (Depending on the deal).
However I do think greater value is achieved with a JV. My only real concern with a JV though is that we don't have 100% now and even if AA wanted to have a smaller % position from this commercial transaction, if that is their modus operandi, Im not sure how it can really be divided happily between parties. I'd actually quite like the JV to be achieved by AA buying out Kopara Investments share. It's the only real clean way I can see it.

ARCM can retain our existing majority position in the assets and a significant partner to pony up.
AA get a reasonable share.
Plus two is a company and three is a crowd.

I'm not overly researched in kopara or any politics in the region that would make this a totally unfeasible options but for me it's what I'd like to see and what makes sense commercially.

It's really hard to say what the outcome would be. I think the future can be bright in the event of any outcome, including no deal. Albeit short term price impact value will eventually be attributed, it'll just change investment timescales IMO.

Doesn't rule anything out imo longfell.

Just a case of carry on regardless until formalised as if we don't deal with AA NvS doesn't want too be caught out and so will progress the exploration programme and production programme. More to lose by doing nothing.

Arcm can't be stagnant while in negotiations and needs to show it can go alone (which it can) etc etc
That's partly why I'm pretty chilled. It's not deal or bust. Even after a no deal outcome ARCM can dust off and crack on with plan b, or have a chat with other majors sniffing around too.
It's not really all hinged on this deal with AA. In fact the short term risk for me is that people view the AA deal to importantly and if a deal isn't done, or is done but expectations are too high, thats the short term price risk.
However even if that happens we have more reasons to succeed alone or with another major than too fail. So as is said it's a hold and be patient until news and decide from there.
Gla

Think copper has barely started either. Everywhere you look shows demand continues to get bigger (Biden, China, global electrification etc). Supply gets more and more constrained and can't just dial production up. Obviously there are other key elements but for me copper is almost irreplaceable in the chain.
Anyway, don't sweat the daily stuff way to much to be optimistic about over short and longer time horizons.
Hold long IMO. I know it's like preaching to the converted here but anyway ATB gla.

Ah I am not going crazy then. Agreed re patience. I sat around with ARB for a long time after buying in at 5p but saw an error in market and waited patiently. I'm a conviction investor, not a believer in dilution through diversification personally. I believe copper is the asset class to be in (as I'm sure many here do) and so I am almost all copper related stock now. Anyway, just need to wait and see. I've been around arcm since Ortac but bought in much larger over the last year or so and currently largest position by far.
Anyway, gla. ATB.

Lol. Not dead, just in hibernation. Or a state of Cryogenic freezing.