Member Info for HarChris

No, they have an obligation to spend $24m and pay out the final $10m of cash (to Unico) so assume if they walked away (which they aren’t, they are on-site and we await drilling plan imminently) they would have to reimburse what they haven’t sunk into the ground.

No but I predict we’ll get that RNS within a max of three weeks.

And at that time the market valued ARCM at ~£50m (4p x 1.25B shares).

Today with drilling finally full steam ahead somehow the valuation is less than a third of that and only a few multiples of the cash ARCM will receive in the coming 18 months.

Well you could have followed Iglesias’ lead as he bought shares on the 29th April… that was the signal.

At the very least this is the update that puts the floor in around high 20s/30p and will give many the confidence to buy and sit on these until the turnaround is in full swing.

'Summer' is starting to feel closer and closer.

£95k is a statement of intent - great news alongside Q1 update.

Now that's exactly what we were needing -group revenue 9% up (vs 3% 2024), Alsa and N.America soaring with large double digit growth, as expected UK & Germany pegging it back a bit.

There's a functional, solid business here still no matter what some illiterate new posters have to say

And there it is, another great tweet: https://x.com/helixexp/status/1924344273631433040?s=46

‘for all intents and purposes this well is performing better than the Darwin well’

' no reason on earth this should be worth more than some other AIM juniors who actually have great management, equally prospective land packages, and much lower cashburn.'

There is absolutely no basis to this ^^^ claim, there are virtually no juniors out there with a JV like Arcm has with Anglo, committing to up to $88.5m without Arcm having to contribute a penny. The quality of arcm's management ultimately won't matter, whether Anglo were right in naming these licences as their top targets is what will generate big returns form here or not.

And that campaign is just about to really get off the ground.

Especially as NvS confirmed to a number of shareholders that 'plans' in the following line should be read as' results' '"I look forward to reporting back to shareholders over the coming months in respect of our various drilling plans as the rainy season comes to an end."

Terrible comms but does suggest we will get the drilling plans soon and then much more meat from the JV from Q3 onwards.

You will scream for new lows every day, it'll either happen and you'll brag about how right you are or it won't and you'll disappear.

Whether fair or not your illiteracy will have everyone question your intelligence.

It was shared in this thread : https://youtu.be/BVhVrgPbSJk?si=iUXcneqk5OqpPkcw

No, they have already moved on and are in 1B - in the meantime it's the most promising angle in which to highlight how much better AVA6000 will be for SGC than what's already out there.

Cineworld was in a far, far poorer state than MGC is now - something like $6B debt and an industry that was slowly becoming a thing of the past with the changing consumer preferences towards streaming.

No guarantee of a recovery here but as a profitable business at the operational level and debt that is still just about manageable the ingredients are there for a turnaround.

Mindless rampers are tedious but there's nothing sadder than creating an account solely to troll one company.

Are you able to go into more detail as to how you supposedly know the ore sorters are roughly 2/3rd complete? Why has there been no mention of it in any update for a long while now?

Another fab tweet keeping us updated on progress on site: https://x.com/helixexp/status/1923264200253608375?s=46

More excited than you're probably expecting. Spoke of SGC data later this year and phase2/3 trial starting q1 2026.

All appears to be on track.

Especially as highly likely we get the Q1 financials next week which are going to read delightfully.