Member Info for Fukurokuju79

Generally a bad day in the markets really. Lots of even quality established projects dropped today. So nothing specific to Kat IMO

Lantier they are being admitted to trading on aim on (or around) 26th, alongside the options. Extracted the para below.

This said they've always been there to be exercised and as it's been said it's housekeeping. All par for the course and IMO good progress and good indicator as to a ercial transaction..

..'Further to the block admission application as announced on 21 September 2020, the Company announces that an application has been made to the London Stock Exchange for an additional block admission of up to 188,066,381 ordinary shares of no par value in the Company (the "Block Admission Shares") to be admitted to trading on AIM (the "Block Admission") in connection with certain existing warrants over ordinary shares granted by the Company according to the below table. It is expected that the Block Admission will occur on or around 26 February 2021.

P.s. wasn't meant to come across rude. I hadn't originally noticed the 'looks like we need news' to push past 4p.

Anyway, hopefully we all do well. May dip etc but I think news isn't essential to push us up. If people see the project and happy with the risk profile sentiment in copper/nickel will drive people here.

Especially as they are on a bit of a PR stint.

Gl

It's why we're all here.

I simply just wondered why 4p. As I wonderd if you had some considered thought behind the statement, other than an arbitrary next round number.
GL.

Agree Lantier...shows progress and intent for sure ATM.

F29 - not all warrants no. But the vast lion share about 75% of them. obviously few more options is
too but the total warrants were 220,454,815 including the 188 mill or so from this block admission.

Looking good here for news over next couple months.
Atb

O&W re the warrants, thaey were known and is why we say always use the fully diluted position to calc targets. Especially in these sorts of scenarios and when the strike is lower than today's price.

I know some have said its not the big news they hoped the RNs could have been, but again IMO it's good to see. It shows that things are progressing well, getting the house in order.
I'm not sure it indicates a JV over a buyout tbh, but it certainly indicates intent.

Gla. Atb

Push past 4p for what D220?
I'm personally viewing this as a highly speculative but potentially very lucrative. It will need a lot of patience and acceptance of some major price volatility IMO.
In reality I'm here with eyes wide open in that I recognise this is very early stage, albeit they have clearly done work to date.
Also the area has been assessed over time as technology and methods have evolved which importantly shows common belief of its prospective geology.
Key for me though despite the early stage is
a) they are funded for the drill plan this year and have raised all the capital they should need to for a year or so
b) they have a plan to test their theory of what they believe is there, having done extensive work to date to target the most likely zones on their vast licence area
c) they have world renowned professionals supporting the feasibility of the area
d) copper and nickel are hot (and I'm pretty much going all in with conviction on both) and will garner lots of interest from investors and the big players if they can prove it up more
e) they are on a PR offensive
Obviously this is in addition to the commodities supercycle due to global electrification and in particular copper and nickel which I think are the safest bests to invest in within the required supply chain. Just not easy to replace, and not enough. It's the time for miners imo.

GL all

Yep copper and nickel is where its at for me.
I will grab some more here but got a fair few. Its got everything in place and ultimately if this team cant turn around RMM in this macro environment Ill be amazed.
Production plus exploration upside in a super cycle and a critical electrification commodity....hell yeah.

Decided to get a fair few here today. Didn't have any trouble buying in but had to split into two chunks.

I, as are others, vey bullish on copper and nickel and been hunting projeects. This didn't meet my criteria but the assets just have such potential for this price.
With the anticipated commodities supercycle and demand through electrification of which copper and Nickel aren't really replaceable there will be so much going on in this sector. Hopefully the assets are proven and interest will ramp up here. Great that its quiet atm.
I'm expecting that to change

Ah I remember chaotic calmness now you mention the name lol.

I'm not sure anything is coming Monday but it's good to see well placed interest following the conference.

That said I've had radio silence on my questions so far re FCF.

Have a great weekend all.

Atb

Looking slow but yeah potential lol...

Daddy, who is that comment meant to be aimed at?
Atb

Yep I got myself some had to buy in 150k tranch though as NT above that.
Atb all

Tell the share price that Aprogerson haha

Yeah thanks Aprogerson. As you say it's all assumption based, but always worth chewing the cud on it.

IMO, as I've mentioned and as those here will appreciate, the important fact here is ARCM intend to have a revenue stream option should it be needed in short timescales. Fully funded until then and beyond.

Not to say capex requirements won't be needed as things evolve but they won't raise for nothing now as per the investor call. You want in. Buy in the open market lol

Atb

No problems.
The other thing is that it may well be agreed production revenues are all sunken into exploration costs of the licence areas.
I also put that to Nick. Will see.
Atb

Yes agreed Small Holding.

Production pays for exploration, which is massive in itself obviously, but isn't there main show. That said it's good to know it will account for at least double the price we are at now IMO.
It's always good to have a base case share price in head but with ARCM it's all about the exploration to prove what's in the ground.

The potential for proving up larger and larger resources (especially now we have cash to drill, a greater understanding of the geology /potential location of ore bodies), plus the macro environment and bull cycle copper and other electrification commodities has to come. That's where the more robust growth potential is.

That said, I've asked NvS a few questions on CE FCF i had and will see what I'm told.

Regards

Or rather than saying latest copper prices, In my third point, I should say 'more recent' court prices.
Having said this I am basing this off the recent scoping study RNS which says they used $6500 copper price and in the footer comments from NvS says it would generate 15-20m dollars FCF at those conservative copper prices.
In the investor call this FCF has been increased to 20-25 million dollars and I believe is based on more recent copper prices.

One question I have is if the FCF figure used by ARCM is the full FCF of which ARCM will get 66%, or if it the FCF attributable to ARCMs 66%.

Either way I think in short the outcome is it means at production the share price to ARC should be at least double where it is, but more importantly it provides cash to prove up the mother loads (off not sold off)

Very relevant Jeremiah...the few points I would add in reference to the calls (thanks Aprogerson) is that

- CE is (I believe) part of Zamzort licence areas?, of which ARCM have 66% interest
- Fully diluted position is about 1.3 billion from memory, you could use this I certainly would for a full sale of arcm
- Lastly, I believe the 20-25 million FCF is actually already based on the higher copper prices. The case study that was originally completed used the $6500 price and indicated a lower FCF of I believe 15-20 million. The 20-25 million to my mind is based on latest copper prices.

Atb