Member Info for Kullybahia

Guess some companies build up their turnover with aggressive debt. Now that they have a recurring business model, they've decided to pay off the debt. Now with cash on the balance sheet and international expansion on the agenda. So future contracts will be staggered over time, as they look to make profitable contracts. With blue chip companies trialling their products, they have to wait for the signatures and long term contracts to develop over time. £84m of contracts is still not known wether they are profitable contracts and for how long. Clearly the company is now geared towards profitability and modest growth, as debts are paid off. Still if they can land a big blue chip company or two would help. Think this is a reflection point in the journey of the business. Give the company time to deliver, and let's see.

My average is 82p.On a P. E. of 4 for the current year. What more do you want? Blood, Covid vaccine that cures every variant ,100% of the population!! Jeez there are some people who want Tesla for a $ then moan could have got for $0.90 cents.Only to trash their own investment when fundamentals are so good.

Non PS is only 14% of the business. They are looking at better margins in other markets. International expansion is where future growth will come, albeit it'll take time. No further bad news was released, could have been if wanted? March finals will be where we see what’s really going on? Can't complain about debt free and banking £1m per month. Just because growth has slowed, one year. Compared to previous years, doesn't make the company a bad investment. One year out of 5 years of impressive growth and the sp gets hammered. Let's see what March finals bring? You seem upset with management, bought much higher?

A good trading update, confirming what we were told in last update. Sp fell due to expectations being too high. Now we have the opposite, debt free, cash on the balance sheet and a low sp. £43m mcap and ebitda £15m! So now all eyes on the future growth of the business, especially overseas. Can't complain on current trading, £1m monthly profit and no hype. That's the irrational of the market, should have a mcap of £85-100m!

Hi JP, how do you vote on HL sipp account please?

He's also not around on twitter, upset so many people they just blocked him. Agenda driven against the company for a long time. Must have bought higher and sold lower. $1b offer and I think a deal is good for all concerned. AA get the licenses and we can all move on.

Pgtips, arcm101, just China blue in disguise. Fulmar you can smell him a mile off. Now whatever happened to The************?

If we have a Jv, we have 70% and 30% are family office. AA would want at least 60-70%. Effectively we'd drop to 25% and 15% for the other. 25% of $3bn is $750m if all deposits drilled and proved up. Don't forget that would take 2-3 years to happen. Or we could sell now for $1b? This would give us $700m now, exactly the same figure as JV! Better option is to get the small scale plant up and running. With copper $8k tonne, it's economic viable and likely $10-12m profits p. a. Plus no further dilution, and easy drill on resources and prove up the main targets. Fwiji, Cheyeza East and West, West Lunga, Muswema and Lumbata. Then sell to the highest bidder in two years time? I know which one I prefer, but don't rule out a sale?Like I've stated before, everything is dependant on AA, what their plans are in Zimbabwe? Speculate is what the herd do, and they've arrived here, with very little knowledge of the company. Preferred the bb two weeks ago, intelligent people with good insight. Jeez tricky tree you been here a seriously long time. Respect to you for staying such a long time, hope you make up your money and more.

Looking at the scoping study of IRR today, and the sp has rallied. $68m capex, irr125%, 8 years lom could be extended to 10 years. NPV8 $345m.And that is for the lithium asset, they have a gold asset also.

Only last week I was commentating that Arcm have major Tier1 deposits in depth. Fwiji, Cheyeza East and West. Possible West Lunga, Muswema, Lumbata and others? We haven't been able to drill through the resources, as £1.5-2m per year will only scratch the surface. However a improving copper price will definitely help. About $200m would be needed to really prove up both licenses? AA have the$, and we have the quantity and quality that majors are searching the world for. AA will decide on wether its a JV , or takeover? Can only speculate on the outcome. One thing is clear, AA are still interested in the licenses. Fwiji is 40km squared. So would be a massive resource to drill out and prove up. Easy $25-30m to Jorc, and as NvS said a company maker. The next 6 months is going to be interesting and rewarding to the LTH'S.

And how do you know that its insiders dumping? Told you in advance? Work for them? Made up comments to try and scare people into selling? So as to get a lower sp?

The fact that they are now profitable at operational level in last Q 2020 bodes well. Another contract with a major media company involving a well followed sports is what I'm looking for? More competitions being held around the world with esport and gaming, as not affected by lockdown as much. The esport segment is growing rapidly and GFIN look to be at the front of the queue, with regards to developing with strategic partners. One big deal and we could become the forerunner in the business! Next tie up will be telling. GLA, dyor.

Nice to see someone as knowledgeable as Righton on a bb. Giving a good opinion on the current situation of the company. Too many people post short termist views and not clear and precise information. Thanks to Righton, we await the inevitable increased PEA.

Fulmar one way or another, we're going to a deal of some kind. From a investor point of view, a investment from AA, with a preliminary offer dependant on further assays would be welcome. Part offer of just Fwiji, would give us the $ to develop the rest. While giving AA the Tier1 they so crave, in a rising copper price. And Fwiji is a massive area on its own, 40km squared. So let's see if my calculations are correct. $750m = 70% so $525m. Then divide by $rate of 1.35 and divide by 1.3 bn shares.? So that's 29p? Yeah 29p just checked on my phone.

1.3 billion shares, with warrants and options outstanding. Not 980m shares, thats my calculations. But yeah, totally agree a Jv would be a good move on our behalf.

$750m offer equates to about 28/ 29p per share, with warrants outstanding, options, shares. £/$ and the fact we own about 70% of total licence areas. Still is a good offer, but that was before the price of copper was $2.7lb when EA was initiated. Now @$3.7lb and likely to be nearer $4 lb in coming months. Still love to be a fly on the wall, listening to the negotiations? The waiting is painfully excruciating, but necessary. 35p and I think its a good deal for everyone concerned!

Fwiji is 40km sq and has both oxides and sulphides. That's a very large area to drill, and to depths of upto + 250m. Still early indications show real promise of a massive orebody, needs more drilling along the strike of current mineralization. Cheyeza east and west has been drilled and lots of copper found and at depth, with oxides and sulphides. And a large area with multiple success of assays found. Muswema has had some drilling and copper found, only last year in February. Don't know how you've worked out that Muswema is the main licence area? With no sulphides being found yet, and Fwiji was AA's main target area and much bigger in size? Still each to their own opinion. Would love a offer for Fwiji!

We're already in the extension, the technical review has been done, and we are now awaiting for AA to complete the DD on the licenses and who owns what, etc etc. Nick didn't word it during the last rns correctly. But in the EA rns, AA were allowed to conduct a technical review, which triggered the extension, as they followed up with the DD. Badly worded by NvS, and understandably confused many people. Very confusing the way the original rns and follow up rns was written. But hopefully with AA happy with the technical review, and all relevant data from previous years assays. They must be happy we have copper wherever we drill, not many dry holes to report. The fact that Fwiji hit sulphides, as anticipated by David Wood, suggests that AA know more drilling will hit the main orebody. Which is what they were looking for, over 40km squared is Fwiji, so will need much more drilling, about $20m at least. Fwiji could be a huge standalone asset. Worth $Billions if proved up, so AA top geologists targeted it first, as the host copper is at FQM'S Sentinel Mine. The cream is under Fwiji and NvS and Remy know it. Would love a offer for Fwiji only, and a good offer by AA. We get $ to drill the other targets and sell after proving up? But speculation is all we can do?I see China blue has disappeared from twitter? Got banned for homophobic comments and racism?

When the EA with AA was granted July 14th, Copper was $2.7lb,now 40% higher @ $3.7lb. Note NvS is prepared to tough it out and commission the plant at CEast. Which would bring $10-12m in profits p.a. and we have the Casa sale of $5m still to come this year. So AA have a problem with the copper price rising, and could be $4 lb in the coming months. Mind boggles at what will be offered? JV, minor investment into Arcm with 1st preliminary offer if more grades proved up this year. Or an all out takeover? Speculation will continue, until that Rns lands.

Reason I'm asking Righton, is that I'm in a group on Discord. To access the group and get invited you would have to contact Martinfilm on twitter, who runs the group. Very fact based and researched long term investors, no pump and dump merchants. You would add to the group in your all round knowledge, which is excellent.