Member Info for fulmar29

I am under no illusions that this will take a while to "prove up" but with every calculation I make it just gets better.The tailings on site already contain 160kt Cu eq and we will start processing that before the year end.That is before we start "shallow recovery" for continued feed . then $150k+ will be owing from partner if they do not divest .So my point is that with or without anticipated news,as soon as processing starts it will significantly affect the sp THIS YEAR GLA

@Cattleman-if/when we sell out,just one of the Zamsort sites will be +200m

any at all

The "new " Radar tech being used may well corroborate first ac and diamond drill finds (with then poss Jorc at Kalaba) and then because it is a lot cheaper than drills we may well look to market on that basis, or at least drill 2 sites and then radar all of them to get an indication of quants on all 9 .Don is used to dealing in billions and deferred salary for 7p options.The more I hear the more I like it.GLA

@chaotic.you gave a figure yesterday for a buyout of zam.I know it is safer to be cautious,but I believe a cautious figure for the 9 sites would be closer to 1.5b which would be far less than 9x the bargain 260m paid for Kalumbila (no 22 graded)when cu/co prices a lot lower.I was well loaded before and now nearly half my portfolio is in Arc.Not bright I know,but fortune favours etc. GLA

I have a strong hunch we will shortly see about 40ks worth of buys @about 4.17ish. i was waiting for below 4 but it may not happen.

Totally agree,but it is worth mentioning that the management of the old warrants has been handled well,drip feeding the market and not affecting the sp too much.There are "professional" short term predictions of this going to 6.5/7p,and when news drops with the scarcity of shares we will surpass that and then on 2nd phase of news it will fly.GLA

I think we are close to nailing the old outstanding warrants.I believe anyone who was holding Casa shares will definitely hold Arc longterm in order to achieve what they were trying to achieve originally and now the added bonus of Zam.

Last 5% of Zam was for ************** plus 2.1m warrants @6p exercisable from july 11th plus another 2.52m from previous Zam acquisition. then 1m to s p angel (16th may) .So roughly 5.6m @6p plusyour 36m employee so theoretically 4/5 mil to go.If our joint info and maths are correct then all the outstanding saleable warrants will be gone within a couple of weeks.Or am I missing something ?

11th July presentation stated 57.5m outstanding.Last week NVS email said 45m now outstanding.So warrants going through pretty quickly i.e.12.5m in 4 wks ish.If someone knows how many options outstanding and then obviously add the "tied in" new warrants we would have a pretty good idea of how long it will be before share supply becomes really tight.My guess would be that it is all being timed for drill results and Casa deal to coincide with last sales of old warrants which would bring the re rate that Mr Meyer says he will "affect".

Oh Yeah ! i'm so spooked I'm freeing up funds to buy more.

IF the drop is real,thenthe only justification I can think of would be the Zamsort total acquisition which would require significant dilution.Short term pain etc,but that might explain the RNS to justify the asset.Or maybe just MMs games

also said SP Angel note on the way after their recent visit to Zamsort.

Fodere not radar co.we used 3rd party consultancy (NvS confirmed) which "should save a lot of money" i.e drilling costs

I wonder if the radar is something to do with the Fodere group that NvS is also chairman of."an environmentally friendly co.dealing with extraction of ore"

yes they do.

@Dcat.I saw the twitter pictures,but how could anyone tell there was visible Co ,unless it was significant grades ,unless they are just as was previously found the co accompanies the cu..On a different note if the radar confirms the drill results findings then perhaps we would use it on the other 8 Zam sites to show/confirm previous anglo/am assessments.

Strange indeed, unless we are to take it literally."Visible Cu and Co"-I could understand them seeing copper with potential grades of 2-4% but the Co is supposed to be under 1% so if it is visible then there may be some significant grades.Or am I over thinking it ?

open pit stated,but no costs as yet that I have seen ,but pleased. to be corrected

As we know AIM can disappoint,but you are right the potential here is for Mcap of billions.NvS already said he is in a hurry,so Fridays rise will get repeated many times this summer,culminating in a sale next year.Bigger than Mariana ?probably unless we sell or a T/O too early.GLA