Member Info for fulmar29

It's not in NvS's DNA to pull out of an agreement (and why should he because the second phase next year is going to take into account all the Cu growth factors) but if AAL were not able to agree a deal imminently for any reason, there would be a "bun fight" to take their place https://www.mining.com/web/copper-bull-run-may-only-be-getting-started/ "miners and explorers surging" etc.etc.

https://t.co/cqQkvstGzE?amp=1 BHP saying world needs double the present copper supply within 30 years- With the amount of worldwide mines nearing the end of their mine lives, and the lack of exploration sites in the pipeline there is absolutely no way that is possible .

Hooray for The Frog,at last someone with lateral and logical thinking instead of people continually bleating on about a lack of news.If it was in the interest of Arc to have info to release after a deal is announced or have it ready in case we declined a deal,that is exactly what would be done for Arcm and so in turn it's shareholders. Having said this months ago I watch with daily disappointment as many posters seem to have an inability to see a wider picture. And want spoon feeding every 2 hours.It's a long play,and my guess is when news is announced the bleaters will head for the door and miss the main gain.Each to their own.GLA

"S"dumped or sold ???? sounds like either melodrama or people trying to cause emotion. Big deal one punter sells 2m ,MMs will have moped em up and will "Dump" onto a buyer.

https://www.ft.com/content/b13a3c4e-e80b-4a5c-aa6f-0c6cc87df638 it may not be just a trading war with the USA as China also be having internal problems with REE supply,or am I naive and that is how they will justify cutting the world's supply

For me,the likely outcome will be for very long term contracts will need to be agreed by countries /continents /go betweens who are desperate and need REE to develop IT/ green energy sources and maintain?build defenses and not to be "bent over the barrel" by China

@JF-I obviously disagree, I think it is an accurate take and your statement "and the only people who make money from those stocks are traders".I disagree with that completely and can prove that is not the case.A good and disciplined trader who has the time to commit can obviously prosper,but there's a lot of "big boys" out there with a lot more clout and influence muddying the waters.We obviously have different views but from your presence here do you see a decent opportunity here ? And why or why not ? Thanks in advance.

I liked this on another bb I'm on (nicely expressed) and its relevant here.Thank you Sefton RE: Opinion on tradingToday 10:10
If you are trading, not investing (completely different things), you need to understand that a) you are in the mass psychology/hysteria game and b) are totally vulnerable to artificially manipulated short term movements (a smart hedge fund guy - and there are many - using derivatives clinically can make massive short-term gains, irrespective of the fundamentals of the underlying stock).

Even then, the hedgies can get caught out by either or both of i) a bigger hedgie taking a bigger manipulative position in the opposite direction to the one you have or ii) the psychology of the market moves against you, no matter how brilliantly thought out your strategy was (sheep always outnumber the border collie if they all decide to do something monumentally stupid at the same time).

There is a reason that so many investment bankers and hedgies end up in the Priory (for those that don't know, a rehab facility for alcohol and cocaine abuse). Ultimately, they believe they can game the market (broadly speaking, "game theory" - and look what happened to John Nash at Princeton - watch the film A Beautiful Mind if you don't know).

Trading is the same as going to going to the casino with the same odds - the house always wins, over time. So, if you are going to trade, do it as a prop trader at a big investment bank, so you are betting with other people's money. Heads you win (apartment in Chelsea, pneumatically enhanced girlfriend), tails you lose - and just get re-hired somewhere else to try again.

Either way, it wasn't your money on the downside.

If it is your own money on the downside, trading is a quick route to either rehab or jumping off a building without a parachute.

Backing fundamentals will almost always serve you better over the medium term - and you can skip the bad aspects of trading...(and, no, I am not short the Priory - they will never have any lack of clients).

Could be wrong ,but I believe that was Peggy's attempt at grown up sarcasm.

I do believe though that the 50% rise in the sp will have surprised the Bod,who will have set the placing price well before the jump in sp,and they will have realized that the placing price (with that jump) could have been a bit higher.No matter,that's hindsight for you.The fundamentals are the same and it looks like we have a good man in charge doing the right things.

Whatever the deal,the idea is to get some cash or support so that we can drill significantly nexy year, to prove the areas up to make the eventual full sale price multiples of Sentinel .An early sale for me would be like getting planning permission for a house and selling that house before developing it. AAL will see any investment as a means to "prove up" the assets for an eventual % sale at much higher prices.Win,win.

Hi SH ,whichever way it happens AAL (as you say ) I believe will take a small percentage to start with.Whether that is a JV or an equity purchase will be interesting (at least for me :-)) to see.

@gameangler-I agree wholeheartedly with your sentiment but not your maths.

I prefer the price just before 17.06-8.95.But both look good for the future

Roddders,Clayton doesn't worry me too much.PC went out of his way to correct the RNS as he knew it was giving the wrong impression.We have already been told there is content there it just depends how much ! FFF29

@Peggy -if that news has a negative impact and is " of little importance " then you need to take a step back,look at your own grasp of investing and the bigger picture, then concentrate on the mid/long term probable outcome.If the daily sp is a problem for you ,stop moaning and putting yourself through daily purgatory and sell.There are lots of investors happy to take up the slack . This is not and never has been about daily monitoring of the sp. We have found significantly more resource recently and are in a CA with AAL, along with the huge increase in the price of CU ("of little importance" apparently) the basics here are by far the best they ever have been. My dad used to say "when you are on the pot S h i t" it means commit and just do something. In or out obviously your choice,but first I would suggest that you try and understand what you are into (if you are?).

a bit like me the news goes on and on. https://www.mining.com/copper-price-surges-as-demand-hopes-build/

https://www.mining.com/european-coalition-to-secure-access-to-30-critical-raw-materials/ and typical of Europe, sod all will be achieved ,they are just admitting their plight and wasting time endlessly talking about it. Guess how I voted :-))

@Cavendish-you are overgenerous and spoiling them like that only creates problems further down the line !

and its David Wood's name on the operation