Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
J99-Can't disagree at all. I guess that's why a conviction play is called just that. The odd 1m is being hoovered up by bigger fish, but it does raise the question of who is dumb or desperate enough to sell anything now ?
Reet,as a total and utter copy and paste troll you don't read and verify what you post just like the pictures of "feed stock" you recently posted as "concentrate" when you should have been writing "carbonate"-the article you have posted this time has a glaring error and you are full of it !
Don't forget the Middle East who are already active in Zam and Bots. And in the not too distant future the drill results will start to create a value to our Zam and Bots licenses hence the market info to show where the price of Cu and it's shortages are taking us.. If the trolls don't like it, Oh Dear !
Https://t.co/HkRDgR5D4o And another !
Https://www.lse.co.uk/rns/GLR/new-targets-defined-on-pl0392018-and-pl0402018-0wfkiwo7867uojs.html it seems the GLR crew are a bit more optimistic on Bots, and we get a few mentions . I'm trying to remember who was annoyed when we got Virgo ?
Https://twitter.com/robert_ivanhoe/status/1752713321105797150/photo/1
Hi DG, some might say that my ceaseless optimism is buoyed by the fact that following the amount of green after them, it appears to really annoy the trolls who don't seem to get the larger picture. The daily sp seems to be the limit of their imaginations.
Re the deferred wages, I think we were waiting on written assurances from certain parties to be able to finalise the deal (which eventually arrived).
Bots is a different story for another day ! But could well (in my optimistic way) fetch more than the present Arc Mcap.
And a bit more optimism ! https://youtu.be/HGtISpmBj1Y
It seems everyone sees Cu and therefore associated Cu company values rising https://t.co/IQ6ZrKxdsW
Things are going to get demanding !!! https://twitter.com/HoldcoMarkets/status/1752419914441175317/photo/1
“The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett I've just come off the phone to him and he said he had ARCM in mind when he said that ! :-)) The impatient disposing of their marginal holdings and someone a bit bigger (apparently not listening to the Oh so wise trolls !) saying "thankyou" ....!
Wow ! Where to start @Major T.
People "dragging negatives" out of you and having problems with walking and typing.
You seem quite willing to state negatives (more about those in a moment) and from your recent ill informed statements, you said "walking and typing" is a problem but it seems "walking and chewing gum at the same time" could well be the main problem.
I do however agree with one of your statements of fact, and that is that many were not impressed with the raise to buy Virgo in light of the "no placing" statement.
At the time of the "no placing" comment, the Virgo licenses were not on the table (to us),the "nimble" commercial decision was taken knowing the criticisms it would attract.
And now to your main errors.
1. The Bots drills show some mineralization and were purposefully away from the known central shown mineralization in order to try and establish potential parameters. How you can possibly state that "it's obvious" they do not "warrant following up" is staggering given that the neighbours are snapping at our heels with decent grades and positive surveys galore. The only thing that is "obvious" after that statement is that you are clueless regarding our business model as an explorer .The Virgo assets that we "nimbly" bought for a song with minimal "exploration" could easily be sold for much more than the present Mcap of Arcm.
2, Re the BoD "cashing in their options at a nice profit"-To-date no "cashing in " has happened and the BoD are allowing the "debt" to be "carried forward". The options closure was part of the requirements (probably Roths related) during the negotiation of the JV process. My take is that they know where this is going and will re-instate those options and a few more at a later date.
3.The "endless exclusivity agreements" This was mainly down to the "crooks on the books" and then "There should have been no exclusivity agreement" a naïve statement when Anglo/Roths were looking to finalise a $90m deal.
4. To "secure a carry through to DFS or production the SP would already be multiples of todays price". we won't be here then IMO
5."Have seen the terms of the other parties ?" Many holders are aware of the other terms as we have asked and been "told", and they are an absolute million miles away from the deal we have in place.
@MTom, far from having negatives "dragged out of you" or having your "Arc demons exposed" you seem to revel in making statements with a blinkered approach and significantly limited information .
Absolutely right Mr Mog. By the time the Zambian assets are mined, Arc will be a distant spec in the rear view mirror of a hydrogen powered Supa-digger/Excavator ,and that is why the near/shorter term economics of Copper and the market are massively important to us, and why I believe "timing is everything" and fortunately is on our side
Crux Investor
@CruxInvestor
Copper Crunch: America and China Battle for Supply Supremacy
Copper is facing a major global supply shortage by 2025, with demand projected to significantly outstrip supply. Prices are expected to surge over 20% by 2027. The US and China are now locked in a high-stakes battle…
I know you didn't ask me MT but as it's a BB ,for me you are no where near a troll but a disenchanted holder who hasn't quite got the whole picture. The BoD not paying themselves for months shows what they are about, to me at least ! And the main reason this took 2 years longer than it should have done has nothing to do with the BoD but criminal elements. Fortunately that delay seems to have played us into an upcoming copper price boom. So every dark cloud etc.