Member Info for fulmar29

the 20mtrs etc are significant intercepts and I believe just show the highlights.Surrounding areas (up and down and lateral) will not have zero % and average grade will therefore contain those higher grades.

Progressing and steadily reflecting the 3km x 800m aeromag indication, and even using 25m depth (conservatively) =60mt contained shallow profitable ore,with several more sites to add.

The new discoveries at Cheyeza should give Arc sufficient material to run the Kalaba plant for the generation of significant cash flow to pay for more aggressive exploration at Cheyeza, Kalaba and regionally.

Arc are due to report assay results from 4-5 drill holes next week.

https://resourcesrisingstars.com.au/news-article/nickel-poised-be-metal-2020-demand-supply-fundamentals-take-hold-say-commodity although Ni is the star Cu is still close behind,with another mention of the Rio strategy change

Anyone know why there is disparity as the TSX price is equiv to 5p.I have only been involved in one dual TSX /LSEx listing before and they were pretty much in parity,this seems to be 20% askew.

.85??????

To be talking of using the ore from Ch E means that majors are not yet ready to pay the asking price,and we are showing we are in no rush or it is a distraction from the main event ! Doesn't really matter as it's all positive. Sell On News crew being hoovered up .NvS keeping the market guessing.

I wondered what Don was doing,and it was a while ago he said he could easily multiply the original production rates (was it 4x to 8x?) and now POC is ours,a bit of cash won't do any harm.

Rio are not dumb,and as well as using the Melbourne conference telling shareholders of their new strategy,they will have already provisionally agreed the sites they will acquire. Highlighted in the article was the CEO saying recently "Shorter building timeframes translate to quicker cashflows to shareholders, communities and governments, he added.".They would not warn the market of their change in strategy if it were not already "secured" and whether or not Arc and it's deposits are one of their targets,we are the sort of thing that the world majors are now going to need.I also wonder why these recent statements don't appear on the ARC Twitter news ---NDA ? Mmmmmmmmmmm

And that have gone very quiet recently ? NDA ?? https://www.miningweekly.com/article/rio-tinto-pivots-towards-smaller-finds-with-growth-potential-2019-10-31

Copper ore is becoming harder to find and mine, which means the industry will struggle to meet the world’s needs, Targhetta said.

There’s also plenty of compelling reasons on the demand side to bet on higher prices, he said.

Freeport calculates that the mining industry will need to find an additional 100-million tons of copper over the next two decades to feed rising consumption in renewable energy, electrified transport and urbanization projects, he said.

That’s about five times current annual output, and isn’t far short of the 160-million tons of additional metal that was needed over two decades to feed China’s unprecedented economic expansion, Targhetta said.

@Sta-look what you did ! They're all retweeting the article.:-)

some say codes others say adjustments-I am certain I'm not sure.

https://www.mining.com/glencore-cuts-copper-guidance-to-halt-some-congo-operations/

RIO T = Chinalco Glencore and BHP next maybe ?Morgan Stanley are their major obstacle.

Thanks Sta. Jeffries could have written their article by just watching the info posted on this site in the last year.Further to the Chinese move on FQ I believe their strategy for all the large Cu players will be to acquire 15% ish of all players.This will leave them with influence without the all out cost of T/Os. Their objective is to control EV/Green minerals worldwide whilst all governments have been casually passing laws and targets with little forethought to the consequences.

https://www.mining.com/glencore-cuts-copper-guidance-to-halt-some-congo-operations/

https://www.mining.com/web/coal-power-plants-face-7-3-billion-losses-in-europe-in-2019/

Eurasia, an established producer of palladium, platinum, iridium, rhodium and gold is pleased to announce that CITIC, one of China's largest investment banks and VTB Capital, one of Russia's largest investment banks (together the "Banks") have already started (even prior to signing their respective engagement letters) assisting the Company with strategic options for its current mining assets (the Company's Kola and Urals assets (the "Assets")), including assessing the proposals set out in the announcement on 15 September 2019.

SINGAPORE, Oct 23 (Reuters) - Shanghai nickel prices rose on Wednesday, tracking gains overnight in London, buoyed by supply concerns amid falling inventories and following an accident at major nickel producer Nornickel’s mine in Siberia.