Member Info for Fukurokuju79

Middle East...

I'm not saying it'll be overnight or even at all but unlike the hyperinflation of fiat BTC has a finite amount of circulation.
Here is an extract to put into perspective the potential value/price of BTC:

'Our total estimate for global value of mediums of exchange and stores of value thus comes to 72.1 trillion U.S. dollars. If Bitcoin were to achieve 15 percent of this valuation, its market capitalisation in today's money would be 10.8 trillion U.S. dollars. With all 21 million bitcoin in circulation, that would put the price of 1 Bitcoin at $514,000. '

Now that's just using 15% of the attributed store value.
So when you say unlikely I think when you do the research you would be suprised where it has the 'potential' to go!

That aside my personal view is I do think it will grow but I also think it'll obviously take some time. But when the circulation of BTC is complete it'll be a different story which is why institutions etc are accumulating them now. If nothing else as a hedge in case BTC does grow to where they know it can.

If BTC does becomes the defacto or not remains to be seen. It defo won't be over night, and will be a long transitional journey if it does succeed. I'm not advocating either way but the price can go way beyond what you believe it can.

But hey ARB look great and getting stronger and stronger. Although many of us have felt that a long time, I've an average of 5p and don't intend to sell anymore at these prices.

Atb

Sarbanes-Oxley or SEC reporting requirements won't impact anyway as there aren't any requirement from ARB on OTCQB for that.

Actually I think ARB are a bit mature for the OTCQB venture market but it's defo a positive step for a quicker, simpler listing to test the waters and get that exposure.

In terms of OTCQB to full listing no point speculating overly at this time. IMO.

Timescales for OTCQB so have some requirements for 30 days of closing bid prices but they can be waived with certain application forms and discretion. Just have to watch this space on it all I guess.
Hope for days but be prepared for a bit longer just in case.

I'm open to all avenues.
When I say no real rush that's a little bit of a subjective statement I guess as by no real rush I mean over the next year.
I just think the maximum value for us isnt via a sale at this exact moment.
Either way the market value and shareprice of ARCM won't be this in a year or less. Its just different this time IMO.
Let's face it ARCM has gone pretty much sideway forever but I see this year as transformational which ever way it goes.
I've been in and around this stock myself for 5 years or so, back when it was Ortac.
I haven't always held but I've kept an eye on the sides with the intention to invest at the right time.
I obviously think now is that time.
Hopefully your patience pays off. Have you held the whole time and added? You've probably got a decent position here built up..

And the fact ARB we're undervalued!! It's got a long way to go yet imo

I know this isn't a unique view and it's been said already but I really would prefer a JV for a chance of such greater potential returns here than a buyout at this stage. I'm personally in no real rush.

If AA can stump up the cash to fund a more swift, targeted and robust drill programme and use the results to date to locate the actual ore bodies of copper, that could be incredible.

I know the long term holders here are more than aware but the potential is stunning when you think how the now Sentinel mine was originally ranked number 22 out of AA's JV’s top 30 Kabompo project targets.

Not saying the resource upgrade for us will be the same as the Sentinel mine (from website: an original exploration target size of six million tonnes of ore; eventually a copper Resource in excess of 1 billion tonnes of ore) but the fact our licences encompass 9 of these 30 targets and of those 9 we have the seven top targets it just puts it into perspective.

It's just so clear why AA are back.

The fact other majors are also now around to do deals in the region just gives us such greater strength in any AA transaction too.

It just feels like the perfect storm to me with the outlook for copper thrown in.

Sorry, it does come across rampy but I'm just going to remind myself why I value this opportunity and may as well post it. When the naysayers and doubters return I'm just going to remind myself of all this, before choosing to ignore them.

Certainly looks that way doesn't it Westie.

AA wouldn't do DD after the technical review if they weren't happy or at least interested. Hopefully nothing scares them and a decent transaction is completed.

I am baffled as to not even a muffled reaction in the market, virtually no reaction at all. Sideways movement forever except the broader covid dip and retrace around March time.

In some ways this range bound stagnation has enabled me to add here but I feel like I'm a contrarian investor at ARCM when I'd expected a potential deal with a major to be much more highly anticipated. Especially given the broader interest of other majors in the jurisdiction.

The assets we've got have such potential and for such a fundamentally strong commodity.
Either I'm/we're missing something the market isn't or we're in at a good time. I think the latter but I'm obv biased.

I'd be lying if an element of FUD doesn't periodically creep in but ive decided to add to my conviction here. I guess opportunities for great rewards wouldn't exist if everyone had the same view and appetite.

So im thankful for the lack of interest in that sense.

100% agree with that

Without wanting to revisit this, again. I'm with small holding.

We all agree the process is at due diligence stage. Thankfully lol.

The bit we are not in agreement on (I believe) is if the exclusivity agreement by default has already gone into an 'extension' as a result of AA entering into the recently announced due diligence stage.

While going into due diligence at this time is an important indicator of the direction of travel, and the likelihood of an extension to the current EA (if required) to discuss a commercial transaction, we simply can not be in an extension. Here is why I say that...

We have to look at this from a black and white perspective. An exclusivity agreement is a legally binding and time bound contract. It is not open ended for a couple of key reasons;
a) so the interested party to a prospective deal negotiates solely with the client (ARCM) for a defined period of time. To give the interested party some protection from another party outbidding them.
b) the client (ARCM) having certainty on the duration of any exclusivity period of the interested party, so that they are able to then talk to other interested parties when the EA period ends. (It can also expedite a decision within a time period which has benefits).

Outling what the point of an EA is is important for two reasons:
1. It highlights and emphasises exclusivity (EA's) are not designed to be an open ended. They are specifically legally time bound contracts for good reason, and
2. It's in our (ARCMs) interests to have an end date to an exclusivity at all times. So we are not endlessly bound to exclusivity to one interested party. It strengthens our hand in any commercial transaction negotiation, something we should all be expecting of NvS and I think we have seen him doing.

So in summary we are in a due diligence phase, within the current 6 months timebound exclusivity agreement.
If after this 6 months and due diligence AA determine they want to progress a commercial transaction (as looks likely), and if this transaction can not be formalised before the current EA ends, then another timebound extension will be put into effect.

That's really it. Has to be.

NvS said in the due diligence rns 'there can be no guarantee that Arc Minerals or any company in its group will complete any commercial transaction in relation to the above.' We would only enter into a further extension to this exclusivity with AA they are seriously going to make an offer. Otherwise NvS will want to be able to force their hand by having the option of competition from other majors.

Zcash is a privacy coin, so I agree it would kind of defeat it's attraction to some. Many exchanges are banning private coins ATM not just zcash.
I'm not concerned though as Argo are really mainly about BTC (as covered by someone else further down) and it's so so close to $30,000 right now.

Nope I won't be selling my current position at that, not while outlook is like it is.

Yeah for sure.
Let's prove the resource up, then get billion mcap haha

Agree APR keep it crossed huh. I was here in ortac days myself. Dabbled in and out over that time but here in a much bigger way now though. Albeit a pin prick to the likes of trisse lol

I agree re Karl knowing same as us broadly also, especially around this sort of event, imo.

Graham if I assume you think 300 million for ARCMs % etc. Working on fully diluted shares of 1.3billion that would be about 23p a share.

I'm m not sure which way it will go. I am thinking more likely a JV to firm it up and earn in.

Lord knows.
Have to wait and see.
GL all

Yeah I wouldn't favour an ARB acquisition. Prob few would here at current price. Too much upside alone. I think PW knows this, he is smart. Won't rush into anything and had shown he value shareholders imo so not going to worry about that. Will be interesting to see if our how anything evolves though

Yeah wil be interesting to see if anything happens in this space. Just a speculative view really but I do think it's a watch this space imo.
In terms of what would happen to the share price(s) , again IMO, too many variables to determine tbh. I'm expecting mergers, acquisitions and partnerships will be active in this space tho if sentiment continues

Excuse the grammatical errors in my post, bit delicate. Haha

Just been re looking at the shareholder q&a videos from a month or so back.

Well worth a look if you haven't seen them already. A series of videos l, with some duplication, covering PW/Argo position on topics such as dual listing, growth and asset management strategies, competitors, alt coins etc.

Purely speculative on my part but I wouldn't be surprised to here some form of increased relationship or tie up with Hive announced in 2021. I personally feel I picked up signals in the way PW reacted and responded to a question around if a past merger deal with Hive is an option again in the future.
Judge for yourselves but its about 4 mins into the 3rd video. Link below

https://vimeo.com/486595799

It's not odd...

Odd also only OTC pink sheets, main OTC listing will help. Without doubt this has a long way to go imo. In since 5p I sold some simply to build a position else where but still hold over 100k shares here. I won't sell anymore now until I see BTC sentiment really fall. Genuinely think £3 is feasible here. I'm a little gutted I sold some but i was too heavily weighted here and I'd had a target holding in mind for the other stock. I've got that now so will just sit on hands.

I would assume it's fair to say they have the DD in hand within timescale. Any potential commercial transaction being completed within the current exclusivity is harder to ascertain. Be good to hear from them in the new year and get the latest.
Gla