Member Info for Jeremiah99

Nice find, Tra1. Great news if true but shouldn't it have been RNSd first? (perhaps one will arrive on Monday morning?) Looks like some kind of JV with cash injection or maybe a Casa sale is imminent? Anyone have an idea of the sale value of copper and cobalt concentrates and the % of contained metal?

I'm sorry but I immediately lost faith in the further contents of the RNS when in the first few lines they describe themselves as "...a leading UK conventional oil and gas production and development company"

p.s. that Mr. Mushinge looks a bit too much like Dianne Abbott for my liking! :-p

Notice the tweet below too - FQ may buy 20% of Kansanshi mine for $700m from the Zambian govt. That mine contains 6.25m tonnes of copper metal. Hopefully these are the kind of figures that will one day be mentioned in connection with our own assets.

'Push the price up' is trader's talk. Let it stay under the radar while lths add for those longer term multibags. ;-)

https://www.epmag.com/holography-produces-hpr-seismic-imaging-carbonate-formations-672241

Don't ask me to explain any of it though! :-p

...it would be several times bigger than Sentinel. ;-)

Man, if that 3km x 3km core area holds 100mtrs depth of 1% cu eq metal...

Perhaps Nick may mention a RT tie up at the Indaba later today? It is today he's due to speak, isn't it?

However, the BP CEO did say they were more interested in quality than quantity, so maybe our low costs might be tempting them to invest further in the black gold if the situation merits it?

I think BP also divested a few $billions of oil assets, so they may not be interested in our oil (so who was it 'torturing' the wells?)

Yes, hopefully we are in just the right place and at the right time to benefit from the global scramble for EV metals.

I'm wondering if the new discoveries may possibly be too big to fund their drilling quickly enough with profits from the plant alone? Just 1 sq km means 100 drills at 100mtrs intervals, and 400 drills at 50m intervals. So we're probably talking several thousand drills on each of the two potential biggies to delineate a Jorc resource. At least they will be near-surface.

The £1+ a share also crossed my mind but I hardly dare mention it for fear of jinxing it. Obviously depends on how much metal is found and I would guess that we'd lose a chunk of value to the major as payment for their funding the drilling campaign - perhaps through a sale at a discount to the going market rate? It would be nice to retain a little 5% royalty payment to be paid out to Arcm shareholders, but I'm getting ahead of myself here. As for Solg comparison, am I right in thinking our ore appears to be near-surface whereas their main asset looks to be an IOCG deposit about 1km deep?

Nick's talking about Kalaba not being the Mother lode, not Sentinel (which has 1bn+ tonnes of 0.51% ore with 5m tonnes of contained copper)

It's all good! :-)

Some old info and production figures for Sentinel just to see how big things the mining majors might be hoping things turn out with our biggest new discoveries. http://www.daily-mail.co.zm/sentinel-mine-a-game-changer/ I will be interested to hear the updated Kalaba resource statement, since NvS thinks the bigger new anomalies may be 10x the size of Kalaba. This is great news and well worth the wait.

Actually that didn't work for me, neither did clicking on 'mobile site' on the end of the red toolbar below the posts. Er, your on your own, mate! :-p

Click on the three dots near top right of your screen, scroll down to the 'desktop site' toggle switch and click on it.

George will surely miss the boat, he hasn't even packed, the taxi is beeping impatiently outside and the SS Lithium is about ready to sail off to the New World...