Member Info for fulmar29

K-A-L-A-B-A I'd hate to make money out of the wrong asset ;)

I wonder if Goshawk/MT clear is the reason for the interest

Give in,Next !!!!!!!!!!!

NVS in a hurry,so drawing in 2 JV partners pre hooks 2 fish and they start doing a job it would take us many,many years and multi millions to achieve..

hence my musings of are we able to do it at other sites for cash or negotiation leverage,also don't forget we only have 60/71% at the moment.

we're gonna need a bigger boat .

our tailings are2% cu and sitting there waiting for processing,so minimal costs and then there is surface ore,so minimal costs,but in my Conservative calcs I allowed $20 processing costs

production beginning at SSP will not automatically re rate this but I believe it will take a couple of months,(poss 6) production/processing with associated profit/return figures to be accepted by the skeptical,imagination devoid,self interested MMs on AIM. $5m pa should eventually add at least 50% to present Mcap of approx £25m IMHO.

Peeps,It's KALABA-right I've got that out of my system.@Copper several have guestimated, and I like to keep on the NVS Conservative side so @15tph (DB says 6x that is easily possible with an upgrade) my total guess would be $5m nett p.a. others have said a lot more.

some of those other 8 sites are a long way away over very tough terrain .Kal North is close but there is more than enough surface ore and tailings at kalaba to last our SSP for donkeys years. i was just thinking out loud to 1.Perhaps multiply cash revenues and also 2. highlight other sites for sale.GLA

for SSPs on our other sites? DB would be busy

What boundaries ? We cant find them------,the worst we have had is "difficult drilling" but even that produced grades.Very unusual in itself to have no blanks at all .Under 4 was a steal,under 5 a bargain. GLA

I am convinced RT will be one of the JVs in Zam,but equally the other may well be Chinese. Why wouldn't majors be involved in huge african prospect NVS keeping options open.
Whatever---great news ahead--GLA

@China.......Meyer force be with you !

given the fact NVS has already stated we are under budget for the SSP,I would not be at all surprised to see that we have started production well before the end of the year.Value of the plant may easily double the current sp. The first step GLA

your calculator is wonky Bloodshot,try again.Not sure if 2b would ever be achieved !b would be a hell of a result.

P.S. I have several that are 90% down and several gone bust.My original strategy on 12 shares was very high risk and all you need is one to happen.i.e Be Lucky Gnight GLA

for the kind words,but I am by no means rich I just have the luxury of not having anyone tell me what to do.But honestly the real,real satisfaction and reward comes from doing loads of research and seeing it "pan out" how you thought it would.Obviously the money helps GLA

I hate 13 so Blah Blah Blah-this is probably makes more sense than all my previous posts

My previous multiple was eventually 7.8x total investment,I expected/hoped it would be a lot more,Like here I started off with an investment and as the investment proved up,I added a few times. I have now reached my limit of risk here (significantly more than previous share) but would caution against anyone believing all that we are told. .NVS still has a few surprises,but I feel we are financed to achieve a minimum sale price that will be multiples of where we are now (Ask DB).Too difficult to say yet what to really expect from Arc,but it could get silly if all the step outs all hit ore and the other 8 sites also contain ore.