Member Info for fulmar29

my post re 5p/10p and MMs with orders has been removed-Strange!

warrants I think as well as the 250k x 2 earlier.Warrants are selling as sp remains static IMO and when they are gone it will coincide with news and real growth.

That is what I was hoping-or we could be soft and just take their costs from initial profits from SSDP-but I guess it depends on how much we need them to be able to have smooth operating/exploration in Zam

at lower estimate 15tph cu equiv 2% (tailings and then doubling on surface grades)approx min $1 nett pa potential to 3x or 6x volume with double grades--not a bad little toy that will pay for a few drills PS we haven't yet seen the $150k contribution of our JV partner ?

picture on twitter https://twitter.com/hashtag/ARCM?src=hash

AGEOS-lovely to see you again

In mining,timelines are at best guidelines .NVS is pretty good at keeping to schedule but don't be surprised or too disappointed if early Sept is when we see first drill results.GLA

any posted on here are in sterling and at a rate of 71% (asset %)

Jeremiah is right to look at the negatives-I always do I am just finding it increasingly difficult to see any .Re Don .I also hope he lives a lot longer for his own sake,but believe he has opted for shares in place of salary as any share may be inherited by his wife and after 2 years will be Inheritance Tax exempt.So i have always thought,he is doing this one for his family.GLA

@Jerry. ordinarily as an exploration co.your assumption that all 9 will not bear fruit would be right.But all 9 sites have had geological surveys (anglo) and been graded to establish that they are all ore bearing.So to greater or lesser degree they are all goers.I agree with around 20p after SS plant produces,and think it will happen after the first couple of months showing consistent cash flow

I might starve.I'll stick to stocks.Just did some calcs (best poss scenario) Kalambala sold $260m double for todays price of Cu =520 add 520 for Co. addition and another % for doubling (at least)of grades and discount or add for volume.The 1b could be Kalaba alone- it will not happen ,but the scenario x9 is looking extremely healthy GLA

depends on who you fancy ,could be a bargain .@Poorman,I hope after my simile of fancying etc."polishing your canoe" wasn't euphemistic ? lol

@Poorman "whatever floats your boat"

Anywhere from 25p to £3.00 is possible but remember my top scenario is just the maximum possibility.and a bit like saying you could have sex with everyone you fancied.It doesn't happen (well not for me) but a decent percentage would be nice I don't really do definitive sps as there are too many imponderables Remember the worst possible scenario.I don't think it will happen as we are looking well structured but! GLA

for any investment ,by nature I always do best and worst possible scenarios,Best here (IMO) is an eventual sale of over 2b,worst is we go pop! Personally i'd take half way.Everything is possible

We are in the driving site so unless we have a seriously good offer for the lot,we could prove them all up individually and get top dollar.NVS is a good negotiator,I would have loved to have seen his face when he was first offered the job with Ortac.From the RNSs. On another note it looks like Vas is training to be our "competent person".He was the one that said 5 to 10moz au in Casa site.

MMs will try and drop this down before initial results as NVS has already inferred (Conservatively as always) they will be positive We all know of a man who has done the maths and thinks 7p shares in place of salary is a cheap deal.I believe he went to that level so it wouldn't look too much of a discount after the SSDP starts (May 18 said "within 6 months") Nov or before

Kalumbala ranked 22 (anglo am list) sold for $260 m in 2009.since then the copper price has doubled (and will continue) and cobalt is an added extra worth as much as the copper (lower volumes ,much higher price).Initial estimate of grades are at least double those of Kalumbala.The numbers here (depending on volumes) are beginning to look like a mine with 150mt could easily be as valuable as Kalumbala Now average down and multiply by nine sites.GLA

Poss adjustments to settle larger orders yet to show.Price moving downwards and spread increasing,well what would one expect from MMs.The little loves!

done a bit of research and they could well be shorts being closed.Willingly or by contract ????? either way if it is the case someone backed against the stock and lost.Shame !