Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Exceptional contract win, however on a more sour note unfortunately Mark Child who was one of the founders and managing directors of the fastest growing company within shearwater Xcina consultancy has sadly today left the business for another organisation.
Allow me to edit your comment to reflect a more accurate synopsis on the situation.
"Well I predicted low 3’s
Sadly this has failed - SO FAR - to deliver a world class asset end of"
Early days, I know many on this board are unaware of the concept of delayed gratification or even patience for that matter, but unfortunelty world class copper deposits are not found overnight, or over a fortnight or over a month. Keep that in mind before getting hysterical and feeling the urge to tell the world just how impatient you are.
What I find perplexing China is if your so hostile towards this stock and aren’t invested (anymore) why do you spend so much of your time slandering it? Really we do appreciate the help after all every one of us values your “advice” greatly; but don’t you think your time is better used researching better stocks? I mean with such incredible analytical insights you must be able to find a gem elsewhere right?
I mean at this point I’m just trying to work out wether China enjoys the thrill of being a windup-merchant or if he’s just an incredibly emotional guy, I mean you can feel the steam boiling from his every word. 2 ticks think I need to wipe my face with a dry cloth...
What is the logic in spending time and money defining a Kalaba JORC when you can spend that time advancing more promising assets such as CE and lumbers/munswena? In addition they are seeing evidence of a larger connected mineralised system so they have appropriately began a campaign to establish this. You need to understand that this is a highly erratic and developing exploration program and the management need to adapt their priorities as fast as they see results and the bigger picture coming through. If they focused on Kalaba and ignored CE after the soil sampling we would know nothing about CE right now and might only have a small JORC in comparison to the potential we have with the current program.
this will not go to 1p/£1 after consolidation. A consolidation alone does not warrant a near 50% loss in the value of the asset. Contrary to what you think, a consolidation does not make the company weaker it’s just that.. a consolidation. If the company declares performance lower than expected then yes - but it won’t if you understand the strength and growth within each business.
Think about what you said a little harder.
This is trading on a 2021 forward PE ratio of 8.8. With further profits and thus lowering PE in line with the future.
Great asset
Hearyeyyy hearyeyyy let everyone knoweth that on this day the 4th September 2019 marks the day (or a day) that ChinaBlue and topsharepicks have re-invested into ARCM. Let there be positivity from there posts until they sell again. Amen
Hi China how are you? I see you are repeating yourself in a slightly different tone, very constructive insight. Top tier assessment of the company. Highly thought out and well structured. Looking forward to further wisdom China. Lots of love Hierarch xxx
I’ll label the abuse part of that to the fact that you like playing victim, I’m sorry that you feel like you have been abused - after all you sound like an extremely intelligent individual with high emotional intelligence.
As to “what happened” what’s happening is clearly there is some interest in the assets that is for certain. There will always be interest generated by large proven volumes of recourses such as gold to a high confidence standard such as JORC. The fact is there probably have been offers, but why should the company accept the early bird offers which will be low ball because the buyer will likely try to exploit the fact that ARCM is a junior miner. Once resilience is acted as they have been doing so for the last year or so, interested parties will become far more privy that the financial situation of ARCM is not sensitive to the reliance on the sale of the gold asset. This will affirm to the buyer that a low and undervalued offer will never be accepted and in turn influence higher bids in the future. As the buyers must wait longer and longer to persist with this low ball price they will become increasingly confident their strategy of waiting for ARCM to become desperate and accept a poor offer has failed. At this point (which is not tangibly predictable) ARCM will see a satisfactory offer. Until then enjoy the fact that the company has intelligently and strategically optimised the cost of the drilling program to discover additional assets while balancing additional dilution to the share base.
A more concerning position would be that the company finances where terrible and they sold the gold assets tomorrow. In this circumstance the lowest possible price would be realised for the companies assets leaving the shareholder with a very poor return.
At current strategic trajectory, the gold assets will be sold at a satisfactory price within an undisclosed time period which is a luxury afforded by the careful management of finances. E.g the better ARCM finances the longer they can resist a terrible offer and not be exploited by a buyer essentially waiting for ARCM’s finances to force its hand to sell at a low price. In addition, more assets are pending discovery from and wide range of drilling locations.
What’s not to like?
Funny how these hole assays where drilled at the start of july which was before the drillers accepted payment in shares. Which means they thought the latest as yet untested holes drilled later on in July where what looked to be special and not the holes we have results for today. They even paid a premium of 4.78p for them so the next set of results should - by the drillers experience of eyeing up a good core come to fruition.
These custody charge limits also apply to aj bell albeit at lower percentages - they limit the max charge to £7.50 per quarter. The frequent dealing fee for aj bell also goes down to £1.50 with 20+ trades per month
How is HL cheaper than aj bell with £9.95 trades, lower platform fee cap and cheaper frequent dealing trades?
How is HL cheaper than iWeb with £5 trades, one off £25 opening fee and 0% ongoing custody charge?
You bad at maths?
Hargreaves charge 0.045% of your total investments as a custody charge per year, no platform fee is incorrect. That would dent large holdings particularly.
Iweb are £5 trades one off £25 account opening and no ongoing platform costs.
Aj Bell are £9.95 per trade and 0.025% ongoing custody fee.
Both these are far cheaper than Hargreaves...