Member Info for fulmar29

I think 63p for me-it was only a small naive punt but GL to all newbies

@rip-it sounds like you have your sights firmly set on it !

A troll (cuckoo) in your midst-fishing around,sowing seeds of doubt with soppy questions.Why? A Birdie babe just waking up to the reality,and not liking the look of the consequences !

Obviously all investments have an element of hope,but if the tech is proved to work (which a competent BoD have indicated that it should/does) will mean that the potential earnings from production are huge, and then IP and Patent value is "eye watering"-Hopeful yes,a punt yes but IMO not a dumb one :-))

Having been here for years and 95% down,I'm wondering if one of the licenses is a "ransom strip" ?

The pilot plant is not designed to be a revenue producer

The retrace of the SP IMO is largely to to the ucertainty of any dilutionary effect that there may be due to future financing.George has openly stated that there will be some but is frank about that fact, and the only questions for investors is when the financing will happen,will the sp grow after pilot/ feasibility stages,the sp could drop a bit more but for me the pro's massively outweigh the cons.Management of AIMs is crucial for me and I would much rather have a straight talking good operator than someone using flowery positive language to appease shareholders. Decently in profit and looking forward to multiples of that !

shorts returned/burned ????

To artificially raise a price in order to drop it and trigger stop losses may well be illegal manipulation,but if true would smack of desperation and a far tighter share availability than I thought.

AH-yes,familiar with him as I have him filtered from another bb. Bitter nut job without a hobby!

Hi MTom ,on the day that Branson's Virgin Galactic goes pop,you're back on board ! Did you lose your job as the pilot? :-))

https://www.miningweekly.com/article/glencore-is-still-pursuing-teck-after-23bn-bid-rejected-2023-04-04 "Still pursuing" I smell "a hostile" before the spin out can happen

In 2022 First Quantum Minerals (FQM) announced expansion at their Kansanshi mine, the development of a Nickel project, and a major solar plant to power their operations. Other major players are looking to follow. Anglo-American and Rio Tinto have joint venture exploration projects in the country https://www.dailymaverick.co.za/opinionista/2023-04-02-zambia-reaps-rewards-of-positive-neutrality-and-economic-diplomacy-while-others-flounder/

LSE (London Stock Exchange) should correct publicly rather than just bury their sanctimonious heads in the sand.

If that was a typo then it's absolutely disgusting that it can show as a big drop today, I can't believe it was MM shenanigans. There should be an RNS correction paid for by the LSE

Mwashia and Jacks still intact though

it's doesn't seem like good news tradedesk,the only license I can see that they've applied for is next to Arcs and Anglo Exp have applied for the same area

@SteveY-It won't fit into his trolling narrative so he won't admit he was wrong-there's a surprise !

Part 2- AA via BHF have been publicly documented to be behind the successful appointment to power of honourable HH by its political opposition.
BHF was established by the Oppenheimer family and originally known as the Brenthurst Initiative in 2003. This was a programme that instigated debate around policy strategies in SA to accelerate economic expansion. Nicky Oppenheimer is formerly the chairman of De Beers and former deputy chairman of AA..he is the 3rd richest man in Africa with $8.4 billion US.
Ultimately the Oppenheimer's approach is a diplomatic one in SA, with a fine balancing of profits and the needs of the local population as well as replacing corrupt regimes with a western system of control (debatable or not!). It will be corporations such as AA and De Beers in the driving seat to garner this goal.
Politics is playing its part in this deal, AA won't publicly comment until ready! (looks good with only 13T days on the letter of intent from AA). Protecting this deals longevity requires a multidisplinary approach inside Zambia as mentioned above! To this end AA needs also to slowly make ineffective certain Co's which have affiliated with PF. After all... it would be political suicide for AA to have factions within the Copperbelt that have previously supported and profited from PF's corruption with violence. Note to Colin Bird!
I've touched upon the connections with AA's Duncan and NvS... as well as Duncan's father being on the original ZJV team back in the mid 1990's, but did anyone know the director of BHF "Greg Mills" is friends with NvS! Other connections of interest is Jito Kayumba (HH Right Hand Man) being the son of Sande Kayumba who is a director in Handa Resources.
Has anyone worked out why NvS joined Arc yet? What's been his main goal with MM? A pattern can be seen on our RNS listings... purposeful and with speed before and during legal wranglings. You decide!
Will continue soon... Mining for T1 and that elusive defined resource !

"There is no doubt that Anglo American rates Arc's Zambian concessions highly." says broker WH Ireland.
Herein lies an interesting question... why would Anglo American (AA) reclaim its own previous JV (ZJV) ranked targets in Zambia 20 years later?
AA's long awaited return back to Zambia is much about politics as it is about mining in 2023...as touched upon Friday by NvS (same from Duncan during Indaba 2023)
Nick von Schirnding (NvS): "I am very pleased that we have continued to make good progress in the negotiation of a transaction with Anglo American in respect of the proposed Joint Venture. We are also pleased with the progressive reforms being undertaken by President Hakainde Hichilema's administration and the Ministry of Mines. I look forward to moving swiftly to signing all the final agreements and to updating shareholders shortly."
An emotive subject most investors would tend to shy away from, nevertheless it deserves a brief mention to establish the credibility of this deal reaching its ultimate goal of success for us LTH's... from the top down politically!
In August 2021 the hopes for a new Zambia was realised with a 59% majority win for the United Party for National Development (UPND) under its leader Hakainde Hichilema (HH). After having contested five previous elections in 2006, 2008, 2011, 2015 and 2016 against the Patriotic Front (PF) and it's ex-leader Edgar Lungu (since 2015).
In recent years, Zambia has experienced a fall from investor grace under the leadership of Edgar Lungu. With Lungu's government, sanctioned plundering of gold and copper assets became the norm. Fronted by Cartel intimidation against local communities and working with certain tribal chiefs to outmanoeuvre the rights of local villagers... all prescribing under the protection banner of "resource nationalism*".
Renowned economist, Professor Oliver Saasa stated in an October 2021 interview: "the apparent trend towards resource nationalism that had been undertaken has its roots in a lack of understanding of the intricacies of business. Narratives like this typically appeal to a misinformed public, for cheap political gains and popularity... a failure to use knowledge and best practices to inform policy also fuelled this."
*Strategy Mushinge undertook against Arc in 2021 FFS!
In his address to Parliament, the Minister of Mines stated that: "the Government has been consulting with key stakeholders to review the mining tax policy framework in order to design and develop a fiscal tax regime for the sector that will be stable, predictable and competitive to ensure sustained investment in the sector. This will also attract both local and foreign investment in mining and ultimately, scale up mineral production in the country."
Who are the stakeholders?
The Brenthurst Foundation (BHF) and its Generations Foundation... together with certain fellows within the Chatham House circles are the stakeholders behind this wider South Africa (SA) move. AA via BHF have been