Member Info for Jarv55

"I am very pleased that we have signed a binding Joint Venture Agreement with Anglo American, a major turning point for Arc Minerals. Upon closing this will see the recommencing of the exploration campaign by the Joint Venture under the management of Anglo American, a renowned industry leader, whom we are delighted to be partners with going forward.

Fulmar what Donkey isn't taking into consideration here either is Anglo are going to be the ones in the driving seat.

Donkey you are assuming everyone bought higher up, there was a long time when this share was under 2p.

Jerimiah that is the most ridiculous post I have ever read. Anglo could of bought Arc out years a go if they wanted and at a lower price than today. They are a major mining company not a tin pot company who would waste their time employing trolls lol. Those very trolls especially septic peg will be buying back on the deal is complete rns.

Arcm do not have control over the timings and you can see we aren't the only ones waiting for something to happen.

https://www.facebook.com/znbctoday/videos/316996687337901

Africa is slow lots of hoops to jump through https://www.mmmd.gov.zm/?page_id=1857

The extension to PSC Contract Year Two was requested to allow additional time for the necessary preparations prior to entering the drilling phase of the PSC. These activities include the detailed evaluation of candidate drilling locations and well trajectories for input into the final well design.

Arrangements are being made to extend the existing US$1 million Bank Guarantee from its current expiry date of 1 August 2023 to cover the extension period.

I wonder if they extended the Bank Guarantee.

I'll go with no sale yet due to needing to follow Russian state regulations.

Sharemeister might be warrants cashing in and have been forward sold.

Yep back to telegram where you can have a sensible conversation.

I am not getting into a pointless argument last post on this matter. From the transcript.

This final question was the ongoing court case of the period in November. That is the Queeld and Mispare one that I've referred to already,

and it has no affect on the sale or assets.

In fact, the sale of the assets doesn't affect the share question.

The shareholding question is entirely within Eurasia. If we sell the assets, that's what belongs to Eurasia.

The shareholder is not relevant.

The important is that whatever the board decides to do, it must protect the interest of all the shareholders, and that is what the court case did about.

OMG give me strength.

Of course we have to be consulted on the sale not disputing that, the point I am making is its the company that owns the assets not us. Or shall I say the subs that are in Cyprus.

Toffers at the moment Queeld have 11% now unless they start buying open market they can't win.

How many times does a company go into administration and the share holders have no say. In our situation if we get an offer, it goes to a vote, I believe it will be a special resolution vote where 75% of the share holders have to vote for a sale now who in their right mind isn't going to vote for a sale. Even Queeld can't be that stupid.

Https://interfax.com/newsroom/top-stories/93121/

Toffers don't be silly can you sell the asset?

Del same as you not sure what exactly it has been spent on, but I am not a mining expert and don't know how much it costs to get two assets ready for the start of production.

Https://www.eurasiamining.co.uk/investors/financial-reports

(res 7 was not passed due to shareholders not wanting to lose pre-emptive rights and not having enough information on the acquisition).

MKT’s work is still ongoing. No further expenses are needed for Monchetundra.

The royalty payment for Monchetundra due in November has not been paid.

No financial decision has been made on Nyud.

Alexi Churakov’s options were cancelled and put back into the options pool.

Bods’ options were extended due to the delays the political situation caused.

The credible party from 2021 is still at the table and in negotiations with them.

They cannot announce anything until they have a formal offer, the process will be straight forward, we vote for or against a sale.

Risks for me more sanctions are applied or the war escalates into Russia.