Member Info for Jeremiah99

Vlad will be chuffed...

Then apply a rough $100/tonne in-the-ground sale value to all that copper...

Roughly when might the Zamsort plant be up and producing the goods?

There are also some interesting insights in some of the old (2012/3) GWM share price discussion posts on the GWMO Moneyam share price page. https://www.moneyam.com/shareprice/GWMO

for any noobs - https://m.youtube.com/watch?v=d4LeX6Xq7mQ David Fraser interview with Zak Mir last summer.

100m at 0.42p. Not very challenging, could have raised the bar a bit to a nice round .5p

Useful looking 1%+ copper levels in samples if they are representative of larger quantities below.

I think there is another few % left for holders to convert to ARCM shares. Once all are done there will be 333m ARCM shares. It will be interesting to see if Casa floats separately thereafter, as some have suggested.

As I've said elsewhere, it's actually a relief to see derampers about.

ARCM seem similar to PREM in that they have several useful looking assets in the pipeline and no debt. PREM has the better asset potential but ARCM the better management, IMO. Both undervalued.

The best I saw on Asiamet's home page were grades of 0.7% whereas WTC's estimation of ST potential in the10th Oct 2017 RNS states a range of 1% to 1.75%. I hope they weren't using their dodgy calculator though!

Thanks Troajan, a quick look at ARS shows they have around 3m tonnes of copper in various confidence categories. That's roughly the middle of the projected ST range mentioned by DF in last year's video. They are obviously way ahead of us on the drilling and their Mcap is around £80m, equivalent to c. 10p for us. I'm personally happier to be in GWMO and the US and am a little wary of Indonesia after CHL ran into trouble there.

Thanks, max19. Man, if we went from 1p to just 10p in a year, I'd be delighted.

£1m raised by PB a couple of month back was earmarked for progressing Zulu. I would like to hear confirmation that work has restarted there since the rains probably abated weeks ago.

Actually copper is 20% up since last year so that $100/tonne (or more?) may still apply. I note the SOLG Mcap is well down from its highs, though. Not sure why that is as they appear to have huge copper resources in S. America?

I could be wrong bit I'm guessing ST will be the more concentrated copper bearing zone with them saying it may be the source of all the mineralisation in the area, with M4 perhaps being of a lower grade? As for valuation for a sale, I did a bit of research a year back and came to the ballpark figure of $100/tonne. That will probably have changed a bit with the drop in the copper price, so say $80/tonne in the ground? (note - at that price the value of the100kts copper at M2 north zone is probably not much less than our present Mcap, and unless I'm mistaken, we are targeting anything up to 100x more copper/gold at ST and M4)

We are only doing 3 exploratory drills on ST this spring, so potential s/p rise will be limited even if results look good. To get to 20p+ will take a year or two and plenty more infill drilling with consistent good grades, IMO.

CofE, I do agree with some of your sentiments, but I don't think an AIM shares BB is the right place to sermonise.

Yes, it's a relief to see derampers arriving.

A while back I worked out that if it flows well, OIP at HH would add about 4p to the s/p. Since then there have been more shares added but also the oil price has risen to offset that.