Member Info for Jeremiah99

Hope you're right SeisNav, but as others have said the silence is deafening when there ought to be plenty to update us about. Perhaps they are hanging on until the result of the Zambian election is known?

Just as long as it's not 'UK Red Herring Resources Limited UK' ;-)

I suppose they will want to accentuate any positives and downplay the negatives since there's an IPO around the corner...

Layla1, my agenda is to try and recoup the £100k I am down over the years mainly through only listening to positive messages from BoDs and BB posters, and paying little heed to doubts.

I don't want to sound picky but how can you call only completing 8 holes out of a planned 15 hole drilling campaign 'successful'?
"Of the five drill pads that had been prepared, only Pads A, B, C, and E were utilised. The most northerly location, Pad D, was not reached due to technical issues. All eight completed holes intersected graphite mineralisation, two from Pad A, three from Pad B and three from Pad E. A total of 935m were drilled. This was down on the planned 15 holes for up to 1,700 metres, principally due to ground conditions at Pads C and D. Although drilling was commenced from Pad C, it did not manage to attain the required depths to intersect the expected graphite horizons due to ground conditions. This will be revisited in the next drilling programme, using different techniques to counteract the ground conditions."
It's like Team GB going for 25 gold medals, only attaining 15 but still calling it a success...

Some people shouldn't be let loose with a share trading account. In fact I think there ought to be a basic stock matket training course you have to pass before you're allowed to participate.

Or it's his job...;-)

Mapp, as it was once said 'it is easier for a camel to pass through the eye of a needle than for a rich man to inherit the Kingdom of heaven' perhaps we should be thanking these crooks for impoverishing us prior to our departing for the pearly gates? (which will no doubt be slammed shut in Zaza's face!) ;-)

Have to hold my hands up and admit I was wrong about the amount of gold they would find in the tailings. I really thought the old miners would miss very little and what was left would be uneconomical to process. Let's hope timely permission to begin the extraction is on its way.

Lot of chippy noobs around today. The email must have gone around the boiler room for one last assault on the die hard holders. CB has lost his mojo, is repetitive and of little entertainment value these days so it's down to the back up FUD spreader team to try and rock the boat.

@elir71. I agree with most of what you say but I think you may be too optimistic on the timelines as the samples will have to be independently assessed, and as we know delays are quite likely.

Aaahh, another soap about greed and subterfuge in the oil industry, I am looking forward to the final episode which will leave us all hanging with the question "Who shot ZM?" :-)

IMO, a lot will depend on the progress and results of the current drill campaign. The more proven Jorc'd assets, the more the Mcap will rise to reflect that. Until then, talk is cheap so apart from perhaps an initial hype induced spike common to IPOs, the market won't take much notice until the assets are better scoped out, reported officially and thereafter a route to exploitation is delineated.

This has done the rounds lately (full repost on the FRR BB) How paid derampers operate -

"We have multiple accounts/identities split into 4 categories of characters we've created:

1. The blatant negative shorter who's aim is to create negative subject headings and get them pushed to the top of the chat.
2 & 3. The wingmen who back up no.1 by being negative on the stock but with more substance around why.
4. The concerned holder who sways from being positive about the share to win trust before then losing faith and encouraging others to do the same."

Plenty of similarities with some posters associated with Arcm, of course some like CB are a bit more 'inept' at this game than others and easily trip themselves up. Should get sacked soon and go back to washing windscreens, picking cabbages or selling copies of the Big Issue or whatevs...

They've been scratching around for 15+ years without finding anything much. I find it suspicious that the previous CEO said they think there is a huge IOCG core under Sharktooth mountain containing millions of tonnes of copper ore worth $billions and yet they haven't pursued it beyond one abandoned failed drill attempt a couple of years back. This is in an era of clean energy and ever increasing copper prices, so you'd think they'd be falling over themselves to get stuck in and locate it. No, as with many an AIM share it's been a nice never ending comfortable little earner for management while delivering the square root of naff all for shareholders. :-(

Yes let's hope there's graphite way beyond the end of the drill depth though I see the outcrop is on a peninsular that juts out into the sea. Perhaps it continues undersea on some sides, and might that pose a problem for mining?

Once there are Jorcs in place for the Greenroc assets one would expect that development cash will be raised in a non dilutive manner. With graphite being a strategic/critical mineral (and possibly ilmenite too for its titanium content) it's likely that development cash will be made easily available.

Had there been any serious buyers other than a few bottom fishers this last few months, we wouldn't have seen £40m wiped off the Mcap.

You'll always make a better return in the long run by processing yourself or in partnership than simply selling off. You're only likely to get a few % of the final spot price when selling whereas mining and processing will return up to 10x that. All ballpark figures just to stress the point.

Well we've had a couple of years of court cases and it looks like this is set to continue indefinitely. One wonders why lobbying fees have been regularly paid? Of what use are they when we are stuck in seemingly endless litigation, can they help us exit this legal tangle?