Member Info for Fukurokuju79

Yeah agreed it seems to me also that only one of the requirements have been met to trigger the full settlement or additional royalty payments.
With the minimum grade threshold not being met yet.
It's good they are progressing and heading in right direction for future.
ARCM are doing well with cash anyway to be fair being cashed up for some time but every extra would always help.
Just need the grade to tick up to 2.5 g/t (within the defined timescales).

Atb

Yep, more good news.

@Major-Tom from 10:33

>>The only reason I can see that we havent started drilling yet is the BOD expect a deal that results in us not exploring the assets any further. If they saw a JV or no deal I think we would be drilling by now.<<

No drilling as SA contractors had to quarantine due to Zambian covid decisions/restrictions. I'd imagine it'll start turning soon though in next week or so but that's assuming they can get going after couple weeks quarantine.

Atb

For sure
I wasn't going to average up but if it's dropped below my buy in I'll defo average down. Don't want to sell anything so. Will watch for now and
then reallocate if stays this way a little longer or drops a little more.

Atb

Goingtothemoon - you say
>>. i do totally but some are not realistic here.<<

Honestly, as others have said you're literally guessing numbers. Then trying to justify them with more made up numbers.
Also as others have said you're not accounting for any earnings, random capex and opex calcs. RMM will need a bit more cash but we raised a load based on the plan, we've a short term requirement we need for caah. Not a black hole of 35 million + lol
Anyway, pointless arguing fiction.
Atb

Seems we are all on same page..... I e. Huge potential, drill is 'the truth machine', no guarantees but fingers and toes crossed and all signs good atm

GL all

From this RNS sounds like we will get the further TDEM info before the presentation..so today, tomorrow or weds latest.

From RNS >> Ben will provide shareholders and investors with screenshots and maps of the latest geophysical models Kavango has developed, following successful completion of further Time Domain Electromagnetic surveys in the area.<<

Validated what we thought we knew anyway from BTs recent interview

FKC I didn't say I didn't think it was unrealistic ;)

Also yes my calc was 'ballpark', as self confessed
and not fully diluted. Thanks for the more robust mcap equivalent including warrants etc tho. I didn't have to hand and I'm melting into my seat lol

As you say, yes agree it's very exciting. Drill results are key obviously andwould be the major mover, but it's clearly highly complex given the sands. I am however fairly optimistic given the electromagnetic and other assessments / methods they've used to try to validate their own work and match again historic exploration.

Could be interesting next six months. Certainly be pivotal. Im prepared to wait I think even if they don't hit with first drills. I've built a fairly decent position here tbh

GL, atb

21p would be ball park 75 million GBP mcap..

All will depend on those ksz drills. I agree can expect good news this week and nice rise imo

Atb

SeizNav so my interpretation of that (if I'm looking at it correctly) is that it shows ARCM data as having more low % grades, but also more spots with higher grades that sentinel (which is encouraging).

However as ARCM have less drilling, and therefore less data points, when more drilling and results obtained the overall curve will obviously change.

Hopefully when drill at depth we will see more higher grade ores than those present at surface, and that would obviously skew the shape. Probably bringing more resource for ARCM into the mid sections of % copper.

What's your views on my thinking, and your data analysis?

Thanks
Atb

Interest and increase again nice to see ..

Question the terminology of rejected.

All deals require negotiation. Any potential deal is still in active negotiation stage.
ARCM have simply informed AA what they need/require from a deal. A rejection is more finite; a walking away; ending of active discussions in terms of deal making.
They won't need, want, be permitted or reasonably be expected to RNS all changes of an active negotiation.

It wasn't ARCM saying on your bike, it was ARCM saying what they want. As I say, actively negotiating.

Atb

Workstreams, not work stations lol

This time next year....

:)
ATB great day but still early days have to wait and see. Several workstations though but most here for the KSZ Norilsk hopefully.

FLCapital - Yep drilling expected Q3 on the LVR JV in KCB. Should be an interesting period and I know the JV with POW won't sit still as the CEO there is a tornado lol

Anyway ATB
Gla have a great weekend.

Fair enough Trojan we all have our ways. As they say there is more than one way to skin a cat. Etc.

Have a good weekend

Trojan

>>but newbies,tend to only see the long term pickure,so miss the peaks n troughs,that all comps,go through.<<

Again i'd argue most people lose money trying to trade peaks and troughs and in fact by doing so they amplify the situation of those peaks and troughs. Also unless you intend to trade them then there is little point watching, it causes fear and IMO and experience creates emotionally based trading decisions that generally don't end well.

Seeing the long term picture isn't really a newbie problem. I'd argue the opposite. They see the short term price, get unnerved and sell based on price weakness. Clearly in this case the initial drop was driven by news, so there is a case to say that news (more money short term) fundamentally changed the investment. I wasn't worried so decided to hold.

Atb

Gotothemoonn. My point is that if your invested based on fundamental analysis over the mid term watching a chart on over a minute, hour or daily timeframe is pointless.

I'm not saying charts have no value. I am saying they have no value once your positioned, on a mid term fundamentally based investment. Unless you plan to try trade the swings. You may well be doing that which is fair enough.

Anyway, I understand charts. Where the investment warrants it I use them, just not in this case as it's not a swing trade, or a range trade, it's not a trade based on technical indicators or candle formations. IMO RMM should be viewed as a minimum mid term investment over a year or two because of the macro copper environment, geographic safety and with a turnaround team with a plan in a producing mine.

So on that basis a daily chart has no real relevance. As you'll know when looking at charts you generally look at the timeframe above your intended investment to assess the trend. A timeframe below to assess your entry and exits.

I've got a target price. I've timed the entry and really it's a case of waiting to hit the target price.
With a fundamentally based investment the only thing that will cause me to sell is a fundamental change in the situation, not a minute by minute chart of level 2 data

Anyway, that's my view and 2 pence worth.
Atb

Filtered Peggy. Way too much drivel with no substance for ever so I don't think I'll miss anything.
Ok open to contrary views but you've no balance, and are on constant repeat.
ATB to you

Goingtothemoon - charts don't matter here.
Technical analysis has use of you're timing entry or exits perhaps, even the dreaded stop losses or limit orders etc

Most are here following analysis of the fundamentals, the turnaround plan, the macro environment for copper and so charts serve no purpose. Neither does stressing daily about the price.

Cornish will be here still but he understands it's not an overnight turnaround. The company won't communicate every last move of dirt. They are experienced. Are working on the plan and have to have faith.

I do. But if I really lost faith or confidence I'd walk. Simple
Anyway gla. Nearly the weekend