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Never did myself, or anyone else look at Cheyeza to be a Tier1 at depth. Yes, we've hit oxides in shallow depths of up to 160m.But well played to Nick to go deeper like a 1970's porn flick! With $5m in the bank, and further drilling to come. We need to drill every hole to depths of 500m + to gain the right geology of what is here, there and fook in everywhere! it's called copper. Looks like the geology of David Woods theory is proving to be true. The missing copper from the Sentinel Mine has drifted from the east to west. And has landed on Arcm's licenses, upto 25m tonnes of the 'red metal.' Looks like another apology for the sad individual who keeps telling it wrong on this board.' Stonks Massive copper sulphides found,' should have been written as the headline of the rns. I'll have a word with Nick, he doesn't understand the English law, as he's from S. Africa. Looks like Springbok steaks and S. African Red wine for Nick tonight.
Slurms, how about an injunction against any rns that has been discussed here, and dismissed as bogus/ fictious /. Better still, let's continually discuss things over and over again, until we all consider suicide / or death by sheer boredom? Or let's just ignore the individual who keeps repeating the same questions about 'RNS' posted by the company. Then again, whilst awaiting the newsflow, let's discuss the facts that are not facts according to the individual. Or better still, let's discuss the bogus facts that we've already dismissed as bogus, that could actually be the truth. Or let's discuss the truth about the facts, that might not be the truth, and could be bogus. Then again let's discuss the bogus facts, that could be bogus truths, but are not being raised by the individual. Or let the said individual, show us the emails he sent to the Nomad? Or was it just bogus / or not the truth? Maybe he was just making it up to cause negativity in holders? Or at least follow up with a reply to the emails, and post here for us all to see. Then we can question wether the email is bogus or the truth, or just a fabrication in his mind? Apologies for missing any other possible bogus/truths, but my post could actually be BS! ATB everyone.
SeisNav, great work there. I'm not going to even pretend that I really know what was just posted by you. It's beyond my pay grade, minimum wage I'm not. But many thanks for putting so much effort in your thesis of Arcm's licenses. Unlike one Bell * Ella10 end, I appreciate your efforts. Have a beer on me, 'me old mucker'.
The only thing bogus is the person who keeps trying to convince everyone to listen to him/her? As they seem to think that they know better than the bod. They are the self appointed Nomad /Broker /CEO /Mining advisor /President of Zambia (even tho HH was just elected), etc etc. And as for the emails sent to Nomad/ etc etc Where are your answers? Why don't you post here the replies for us to see. And then we'll be the ones doing the 'Apologies' mate. Now for some breathing exercises, my oxygen is precious.
Remember when Ella10 said that warrants were being exercised? Because of the continued selling of the shares. He then apologised for being wrong, today we have another Block listing rns. Court case bogus, he still doesn't believe that the case is bogus. Another apology incoming, whenever your ready? Seems he's going to be doing a lot of apologising if the right RNS lands. I wouldn't even answer him these days. Save my oxygen for the gym workout. ATB everyone else.
Fwiji had a metre of 7.17% sulphides in one of the holes at about 165m in depth. So the question is can the ongoing drill campaign hit more of this in long intervals. Closely followed up with shallow oxides from surface to 165m. Oxides tend to be less commercial but more common due to extraction rates being 60-70%.Sulphides tend to be more commercial as extraction is around the 90%. Sulphide bearing fluids that have stopped flowing /gyrating, tend to contain more copper grades, and in sufficient quantities to be deemed economical viable. Hence they are sought after, just a hunch that the deeper drilling campaign in Fwiji, Muswema and Lumbeta will be to prove that theory. Cheyeza is a more oxide deposit to 160m + but no further drilling deeper has been discussed. Every hole has hit some mineralisation, which is better than most AIM miner in exploration. Obviously we await the investor call and a very overdue' RNS '. ATB everyone.
Sorry FK79, if you didn't get the sarcasm there. But only you and Fulmar will answer his/her negative questions /comments /concerns. Everyone else has filtered or given up? You must have enormous amounts of patience /or wisdom to keep answering the negativity that is consistent?
Hopefully the next investors call will be soon. Then we can all not bother tuning in, we'll let Ella10 ask the questions to the bod.That would be a good 3 hours of questions and answers, and I didn't get this /that part of the answer? Until then, we'll have to read his questions here, and if Fulmar/FK79 are in a bouyant mood? (like just won the lottery/or similar )?He'll get a reply, makes sense to me! ATB everyone.
The weakness of the Copper price over the last couple of months, has been due to China dumping physical copper in the market. A short term effect on the actual copper price. Looks like its going to break out to highs in the last Quarter. Could be $4.8 lb is broken by year end, and we get closer to the important $5lb? Otherwise we are over due a massive RNS, apart from the usual bickering and Ella10 's why this /that/didn't /should have / hasn't happened / royalty payments / deal hasn't closed / last years drill results / milk missing from my cornflakes /and every rns from a year ago which is now being discussed, not when it was posted! ATB everyone.
Still needs to be drilled, only way of confirming any type of mineralisation.
It's old rope, but yes I agree it's toxic here these days. The reason I don't post much any more is the whole thing about 'this and that'. Can't be bothered to talk with certain individuals about the company. Investors Call incoming, should help bury these court claims and negativity.
We've already discussed this court case, and this £14m is comical at best. J robbins Singh lives in Nuneaton, close to me. I'll knock that C**t out myself if this is true. Multiple businesses registered with no assets / profits. Just a charlatan /con artist, jeez people getting played, so others can get their entry. It's absolutely farcical to think that the court case will get to the next stage, when the guy has no money whatsoever!
Ella reminds me of Mulder in the X files. No offence, but it's what if, that rns didn't state this info. They didn't drill enough holes, Warrants are /aren't being excerised. Casa sale isn't concluded, Sturec royalty doesn't add up. Cash on the balance sheet doesn't add up, money owed is a loan note not physical cash. Court case is real!/bogus, I could go on but it eventually leads to nowhere. Yes there's lack of communication by the Bod, but they have a busy workload over the next few months. Bank Holiday weekend, so not expecting a rns on Monday. But wait, Ella's spider senses are tingling, why aren't the markets open! He does this on other stocks, so nothing new, JAN, KAV. Why anyone gives him the oxygen in their lungs is comical at best. I've always said not to expect anything before September /October? So far it's looking that way. AIM is never on time for expectations, so relax, chill out MF's. More important things in life than acting for the Nomad /Broker /CEO/CFO/Company lawyer /secretary / Corporate Forensics expert/ Company accountant/all round '*******'. Apologies for missing anything out, but I'm starting to drink those Coors and get intoxicated. ATB everyone.
Under the predecessor Lungu, Zambia copper production /export has fallen behind DRC. Considering how many majors are there, JLP, FQM, VEDANTA to name a few. It bodes well with HH understanding the need to attract more Majors to invest in the country. New leadership as Zambia steps away from the 'Outsiders plundering the country' mentality, that has hampered foreign investment.
The fact that both MM and Chiesla tried to pass themselves off as Chairman/CEO of Zamsort, is false representation. A pair of deceitful people, no wonder MM was kicked out by Nick. This bogus court case has hung over the sp all summer. Some on here even believed that the court case was true, now no comments on LIBEL. Move on to the Fwiji drilling results, and let's see those 'Sulphides' please. Its been a frustrating situation, but at least some of us were told, and repeated here. That the court case will be dismissed, without merit. Hope some people on here have learnt something here, spreading false lies about the company. Cilla was calling for 2.5p, guess you can kiss that entry price goodbye.
Absolutely spot on with your assessment of the current situation regarding Arcm, SH. The next rns has to be loaded like a Magnum 44 gun with armoured piercing bullets. Hoping that the 44 blows our frustrations away, GLA.
I'm expecting 500m's of copper sulphides from the 9 holes, with 8-10% and some nickel 4%, and 6g /t of gold in the whole 500m's. Same as with Muswema and Lumbeta, then a buyout from a new hedge fund. Spearheaded by CB, and sold for $3bn, only minimal expectations here then. Upside could be rather more interesting if a bidding war ensued? Not overly rampy are my expectations!
Seen as it was my comment, then I should reply. Its dependent on continuous mineralisation of over a set distance and % grades. So were drilling Fwiji to depths of 500m, so anything over 0.75% copper, and over 150m from near surface is a good start. Were drilling 9 holes, so mineralisation can be scattered over the 500m, at different stages /levels. No two holes are ever the same. Oxides are more common, but recovery extraction is less than 90%.Sulphides are more at deeper zones, and recovery is better than oxides, and grades are usually more than 0.75-1%. Leaning towards 2% and more, and generally where fluids have deposited the mineralisation. Hope this helps you out. ATB.
Looked up at Companies House and less than £10k on the balance sheet. Says it all, there is a concerted effort to push the sp down by organising fictional stories with claims of money owed? Next will be the Pig farmer claiming '$5m' for the non use of Kalaba plant and loss time of slaughtering of the 'Pigs' /derampers.
CT, the big five are all part of the DOMES region in the African copper belt system. They've all managed to produce significant amounts of copper, leaving one area undeveloped in this area. Which is a wild guess? Yeah, Arcm's licenses. Why no Geo worked out that the whole area is copper laden, and identified years ago, is beyond me. What a copper asset that would have been, having five massive copper targets. Now only one remains undeveloped, Zaco and Zamsort. ATB.