focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Have to agree with Peggy on the AGM. 1st time and maybe the only time. 2 majors want to strike a deal of some sort? Pretty sure if the legal dispute was never happening, then a deal would have been made. MM has tried to create a vacuum of events, to secure a payoff of some sort? He didn't think that the bod would 'dig their heels in.' Even now Kalaba is not for negotiation, that's what he wanted! As for a commercial deposit, we've many targets on Cheyeza, Tier 2 at depth would be advantageous. While we look for Tier1 elsewhere on the licenses. Scoping study /Assays next and maybe Casa money incoming? We've been pushed back 12 months, but fundamentals haven't changed yet. AA look like they want a JV /RIO could take the lot and surrounding areas? ATB everyone.
See lots of Troll's suddenly appeared with 1st hand experience of court /legal advice /experience. Mushy = Royalty = Diplomatic Immunity! Only evidence will be produced in court. No hearsay or BS from the Arcm bb! What next, a OJ Simpson type of trial with full national media coverage? Keep trolling, desperation coming to an end. Behind bars, don't drop the soap in the showers, there's always a 'Black and Decker' waiting for the inevitable. Laughable that people believe the made up stories of Mushy and Co. Apparently the Troll's are lifelong friends from primary school with Mushy. Both of them have delayed the upcoming court cases by a couple of weeks. Must be their last Xmas at home, before doin some proper jail time. Will find out how 'hard they are' when in the showers.
Last night I had a weird dream. Arcm released a rns, that didn't state anything of importance. Hope this dream doesn't actually come true / prefer the opposite. We await for the next rns? Current subject is about 'birds' on the bb, hoping that the next rns doesn't have reference to the subject!! Unless referring to the 'Parrot' who keeps telling everyone to sell, but not in his other investments! Total hypocrite, who hangs around looking for attention. Glad I used the filter chat, life is so much better.
With all the claims /counter claims? Guess the trusted and tried method of contacting the bod via email? With regards to helping an 'African Prince' hasn't showed up in the local media? Will probably be a last resort mechanism, or maybe JRobbins Singh from Nuneaton can put a £14m claim in? Don't hear anything from him since summer? The court cases will be dealt with , evidence not conjecture will be heard and produced. Not this circus merry go around that may sway public opinion, in court most of this 'hearsay' would be thrown out by the Judge. Faith in the justice system, not the cowboys trying to 'Extort' money from the bod. Nick is 'going to bury him' in court come January.
Filtered the MF, absolutely correct Shorn. Should have done it months ago! He's a Troll with no friends, and asks other people about investment decisions. Believes his own hype, after selling Arcm for some profit, wasn't deramping when he bought. But soon as sold he hasn't stopped, ****ing ****.
Again the 'Troll' shows his true colour, wanting the sp to drop further. Even the court cases are legit and Arcm will lose their licences. Never heard anything positive, just I've sold and constant negativity. GLR, how's that going! 1p - 10p anytime soon? Jeez, can't believe how a person revels in seeing others lose money /confidence. It's not even now and then, but everyday. This isn't going to happen /that won't be done? Yet goes on other bb's asking people for advice on the rns's! Loves mocking people here, then gets insulted for it. Acts all nice, like hi so and so, but only wants the sp to detiorate further. Seen people like this before and will see many again. See if I ever call out GLR!
Well said, he loves rubbing it in here about everyone's investment case! Not invested, but sold and is now smug the sp has fallen. Typical keyboard Troll, who hasn't anything to say about GLR. I'm not invested in GLR, so not going to trash other peoples decisions. Can't leave it alone, so constantly taking negative about Arcm, while justifying his decision to sell. We'll see who has the better company assets, absolute disgraceful behaviour, wanting other people to lose money.
Just waiting for the inevitable rns on the assays! Yes it's been a while, but 500m per hole takes 3 weeks, at 25m per day. Two rigs contracted, so 2 holes every 3 weeks, Jul start, Dec finish. 18 holes in, that's 27 weeks roughly. In the meantime, we've compensation to be awarded from the 1st court case. Casa still to be formally sold? Forgot about that, I'm sure the Troll will now remind us of the deal not concluding! Sturec update (minimal noise there). Scoping study on both deposits (been a while) will be next week? And last but not least, the 'Thickness' if any of the holes drilled? Just one more thing, reapplication for small scale demonstration plant at Kalaba? New Gov trying to bring jobs for the locals, not blaming foreigners for the mismanagement of the country. Then it's Xmas and New year, and court case and damages and compensation from the coward, who is guilty as charged. Even his two 'Cuckold' cousins on twitter will be silenced! Too many traders threw the towel in after 1 drill hole, they'll be back if 'Thickness' is reported. Over to the inevitable response from the 'Thickest' on here, and his apparent cousin who's supposedly invested ( I laugh at that being fact). Ho Ho Xmas is practically here and we have a 'Black Friday' deal sp for now! ATB everyone.
Slurms, he never answers anybody's questions, and never will. He only talks down the company, whilst allegedly holding? The only question he answered is that he's not China! Apparently he's a expert in investing in AIM. So knowledgeable that he's never mentioned any other company? A legend in his own head.
Looking like the Kalaba plant will be back in production in the new year? Guess work, but the new Gov ain't hanging around with 'Hanger Ons'. They want to get the country moving and growing, by small /meduim enterprises. Just wait for the arrival of the 'MAJOR'S'.
Oh dear, did I hit the Troll's nerve with 'thickness.' Maybe spend your time on the GLR bb, lecturing to the LTH'S on how well they are doing! Instead of shadowing everyone here who are invested, whilst not even invested themselves. Why not go onto other bb's to explain your 'Infinite Wisdom' on junior rescource companies. Bought Arcm, sold made some PROFITS, and now believes his own hype! Never understand why someone spends their time on a bb, when no intentions of investing. But calling the sp lower, to scare people into selling, in the hope of buying in at very low prices to others averages. Seen it many times before, and will see it many times again. 'Thickness', one word that describes a person very well, and don't forget your multi id's. You wouldn't want to be logging in and speaking to yourself? Wait a minute, as no one speaks to you! Then thats the only option available! 'Thickness' in Fwiji is very welcome, not here!
'Without merit' the rns was dismissed as not truthful by the Troll! Yet here we are, and the former directors are panicking to 'ready to run for the hills'. Once this is dealt with, cometh Jan for MM, a delay tactic yesterday. He had nearly 74m shares at one time in the company, close to zero now. His own doing, even his two supporters on twitter will be quiet in 2022. Comical to think that they could get a pay off, by spurious claims. Zambia law is very similar to English law, evidence is produced in court. Not fake stories in local news agency, to sway the locals and the local Chiefdom. Just need to hit some thickness in those assays, similar thickness to the Trolls intelligence would be welcome!
Wonder how much compensation we'll get from winning both cases? Then there's the JRobbins alleged £14m+ claim to be addressed? Laughable that JRobbins background of many companies, without any money! I'm hoping we get $250k-1m from BC case in awarded damages and legal costs paid as well. Same for MM, but if any outstanding warrants issued to them? Then rescinded as part of the deal to pay back costs and compensation. I'm even hoping someone else puts in a claim, why not? More money onto the balance sheet, ready for next years drilling campaign? Maybe the awarded compensation will buy back the shares issued for the Botswana deal, ha ha now that would be great for long term shareholders. Still awaiting for the drill results! QUITE IRONIC, that former directors are paying for the forward drilling campaign! ATB everyone.
Apparently Longfell he's quoted on here as having 2m shares sub 2p? Yet always negative and calling the sp to go lower! Fact he's a bit of a liar /exaggerator who tries to post negative while supposedly invested? Wouldn't waste any more time on the subject/ or the Troll who claims to have had emails/ contact with the Nomad ( possibly foreplay contact). Untrustworthy and deceitful the pair are, a bit like two former directors of Arcm!
Longfell, if you are guilty in court? Then there's only one place that they send you to, and that's jail. Zambia law is similar to English law, so in theory MM 's only chance of getting off? Will be by paying compensation and damages to Arcm? Somehow I think he's so desperate that he'll be charged with out turning up. A desperate man will do desperate things, especially when confronted with the evidence. As opposed to leaking made up articles to the local media, to gain public opinion. In court, only evidence will be assessed and character. No made up stories, just cold hard facts, then sentencing. He'll probably have already fled the country, as the evidence will be refutable. He's got no money, assets are questionable, surprising if he's got good legal representation. No 'Get out of Jail' card for him, and no deal with Arcm. I've been told by someone close to the bod that, 'Nick is going to bury him'.
After all the rubbish that the bod has been put through, a deal with MM is definitely not on the cards. The man has gone to desperate measures to enrich himself, at the expense of shareholders. Why would we give him the plant? He hasn't earned it? He pawned his shares to a loan shark, now lost his shares. What did the bod do? Nothing? Yet he decided to take his frustration out on the bod. Him and BC are in court for fraud /misrepresentation / and other charges. We don't have to cut him a deal, that would pave the way for every other 'Chancer' to try their luck! Our bod made one mistake, they sublet the plant to them! Now post court cases, do we reapply for a small scale demonstration plant licence? That would be cash generative, and with a new president who's trying to attract foreign investors? A licence could be granted, so locals can work, and the presidents policy's are working. We await the assays and scoping study, and any other news, court cases as well. 'Cutting him a deal' never heard so much s hite.
Afternoon everybody, nice rns. 2nd +3rd Court cases to be dealt with in good time. Maybe a 4th against the 'Troll' for continuing defamatory remarks for the last year or so? Anyway on to the business of anticipated newsflow. Next rns should have Fwiji results? ATB everyone.
Just the restarting of Kalaba would be welcome news for all LTH'S. No cost in getting into production, $500k already spent in the past, 1-2% copper oxides to mine. Even big producers don't have those grades, and C1 costs of just $2500 per tonne. We await for the next rns?
I read on the other forum, that Kalaba had $2500 per tonne C1 costs? So with 10000 tonnes of ore awaiting production with 2% grades, the small plant would be very profitable at today prices of copper. Tax rates under the new Gov is a mystery to me, but I assume with a pro friendly Gov that they would be reduced. If 2000 tonnes per year =$15m pre tax, after tax +vat= $5M from Kalaba. Who ever mentioned ore been removed from Kalaba? Never heard that been mentioned before / how would one know if that information is true/correct? Seems strange to 'wonder if the stockpiles and other oxides were possibly removed last year'. How would you know about this? Smoke and Mirrors, Cloak and Dagger!
Reading up on Kalaba, the C1 costs were $2500 per tonne of copper concentrate. With $9.5 10k per tonne now, that's a decent profit margin. Does anyone know what was the projected yearly output of copper to be produced? Oxides were 1-2% at Kalaba, so better grade than some Miners?