Member Info for Kullybahia

Thanks SeisNav, much appreciated.

Missed the agm, anything interesting come out of the meeting? Apart from the rns?

I filtered the Troll's last week. Had enough of the same BS they bring up.. Life is so much better and more relaxing. Why feed them their attention needing craving for personal ego reasons?? I knew as the Cadastre update was approaching, that we'd get these tit for tat comments on both sides of the argument. It's non benefiting to me, so why not try it, you just might like it?? As for Ella 10, didn't she make a grovelling apology to me, when we announced a JV deal with AAL. Says everything you need to know about the Troll. ATB.

Couple of pints of cold Coors?

No malice/offence intended FK79, just a timely reminder of Arcm being offered further licensing area in the Investors call by Nick. Its reassuring when people put out disinformation, without any real evidence to back it up. Once the Cadestre opens up, we'll see what has /not changed within the licenses. ATB FK79.

Price is what you pay, value is what you get. If the fundamentals hasn't changed, then you don't need to worry. If they have, decide what you want to do /sell and find another investment? Been offered another small license area! You really can't make it up!! We may get a 100km sq license area for nominal sum? End of.

Even tho it says that they want local Zambia people to be part of the new vision of HH. Realistically Majors will be in the running for licenses. We got two, and I'll say now, we may even get a third license offered once the dust settles. The locals will work at the mines, its never going to change. Furthermore any dormant licences will be offered up in a bidding auction. Facts are never easy to take, Zambia needs inward foreign investment to propel the economy forward. HH has done a great job in bringing back the Majors, but as a impoverished nation. Reality dictates that the Majors will be favoured during the Cadestre update. End of.

Drilling low upto 150m via Reverse Circulation, then if mineralisation ends in holes at 150m? Then possibly follow up Diamond drilling to deeper depths. Reverse is $75 per metre, and DD is $200 per metre. Won't know how many anomalies there are on the major targets, or which areas will be prioritised. Suspect that AAL will drill shallow, and 50m width apart over the anamolies. Then if decent grades, follow up with DD to deep in the years 2-3. 25m apart infill drilling on those areas that hit good grades in year 4 onwards??

The Tingo shares are security over the Casa asset. If Casa deal is done (?), then we have the 3m shares as security if the asset isn't developed into production. If Casa gets to the point of production, we collect the NSR on the production of gold. Sturec has a similar type of deal. So either way, if Casa deal concludes? We have a bit of security in case of non payment. We might never need to sell the Tingo shares? Of course we are still waiting for the deal to close?? Until its officially closed, its still not sold.

Every stock in the world has an investment risk. Even blue chips can go bankrupt, Enron being a example of one. AIM is difficult for many reasons and the only way to evaluate is by "Price is what you pay, value is what you get." If you don't believe Arcm will get a deal with AAL? Then you don't need to invest /trade? So many Trolls who are not here for anything else but trolling. Never come across a bb where the same people attack the company, whilst not invested. Why not find something useful to do in your spare time, and invest in XYZ company? Please give us the reason for investing in XYZ? Maybe we can also invest from your brilliant research??

When are the company going to increase productivity to 200k+ tonnes to make profits? That's the news investors want to know? And what will be the sale price of product? And will the fertiliser price remain high if the war in Ukraine ends sometime in the future?

As part of the bailout funds for Zambia, the international community with over 20 countries. Have requested that some of the debt be written off as part of the new deal. Blackrock investment and China, etc have been asked to forgive partial debts. UK and US are pushing for the deal and reforms by HH at pace. Once the package is agreed? The new funds will be paid to Zambia and the new Gov will be in a position to attract foreign investors /companies to the country. Zambia was the only African country to default during the Covid pandemic. So its tricky to negotiate with lenders for a 50% haircut of loans. Greece had a similar problem in the last economic crisis, along with Portugal /Ireland and Italy. Zambias debts are not as much, and a resolution is close. Hence why the Majors are willing to come back and invest. RIO walked away from the Midnight Sun deal, maybe they got assurances from the Zambia Gov for future licences?? Find out when the cadestre is updated??

From memory, could be wrong but Nick and Remy between them, have 50m shares and warrants /options in the company. Maybe with Nicks other directorships, he doesn't feel the need to add more. Remy bought in the open market just after the first announcement of AAL deal two years ago. Don't really understand what revelance it has, they got skin in the game. Mushinge Mumena had in excess of 70m+ at one point, why no discussions about him? Answers on a postcard to Colin Bird, maybe he knows!

Kwandonku telling it as it is. Dilution by a thousand cuts, yet peeps utmost confidence in a man of 78 years and resembles Biden in the way he talks. How can a man run so many companies and not get commercial deals done? XTR Aus assets are poor grades 0.3-0.4% of cueq, and non commercial. Predictions of 2m tonnes and $7-800m price tag, for lesser grades than some tailings dams left by Majors? Unbelievable that peeps can think that XTR will get that kind of offer? Kiwara was sold to FQM for $250m, after $20m spent on drilling. CB was the man who negiotated a resource of 5m tonnes of copper over a decade ago. Still living off that deal, even though it was so cheap. FQM have never looked back at such a low ball offer. Majors don't pony up big money, unless you have a Royal Flush , 10,Jack,Queen, King and Ace of spades. Not worth much unless you have a operation nearby, that is willing and running out of mine life?? Can somebody please fill me in on why any mid cap would buy the asset??

Tertiary Minerals is a lifestyle company. It's got too many assets and not enough capital. Remuneration is costly for a junior and the rns is rampy to say the least. No commercial transaction /contract with FQM. Just an agreement to share info on the licenses, and expertise. Tym will still have to pony up drilling costs by itself, until they get noticed by majors? ARCM has done this, and are now on the cusp of a transformational deal by Junior Mining standards. Tym will do a raise pretty soon, it's just how AIM works. Nick had the vision to sell off non core assets, (Casa impending, I bloody know! Don't need to be reminded!). And concentrate on one asset, Copper in Zambia. Reluctantly they had the chance to grab a little licence in Botswana, it was Remy pushing for the deal. Somehow that threw a lot of investors confidence in Arcm, especially after stating that they wouldn't need to raise capital!! Magically we kept hold of AAL in the deal process, (they didn't walk from the deal). Now peeps talking about Botswana as the go to destination for Juniors, along with Zambia. Both countries are trying to find common ground to attract Foreign investors /Companies to the Mining sector. Both are committed to becoming better economies thru working partnerships with Majors. Nick had the Vision, Remy had the Cajones. Now we have a big licence and a small licence, one deal and the small licence is funded by the big licence! And we still got security over the two assets that we sold off, via loan note and net smelter royalty. Surprised that people can't see how different the company is, compared to 3-4 years ago? Once the cadestre is updated, love to hear that Nick grabbed some more licences in Zambia for nominal sum. Maybe HH will favour those Juniors that attracted AAL back to Zambia?? Weather is pretty good for this time of year! Don't need to top up my tan, never had any need.

No MASSIVE offers for XTR? No MASSIVE Jorc tonnes of cueq? No MASSIVE economic grades of any minerals? No MASSIVE rns of any CB companies? But MASSIVE tailing dams left behind by Majors who can't be bothered to mine for slim profit? Yet XTR shareholders believe that a MASSIVE amount of rns's is the best way forward? No deal for XTR, likely will be given away some time in the future? STONKS MASSIVE to AAL for getting rid of their Australian licence, carboot sale to one junior by the name of? XTR! Have a good day. Ruffles right again, even if timescale was a bit later than usual.

Exactly how well funded are Colin Bird companies? Saudi Wealth fund? IMF? World Bank? FED? ECB? Norwegian Sovereign fund? Del Boy? What a absolute Troll, deserves nothing but insults. Go back to your XTR imaginary made up 2m tonnes of uneconomical grades Tier 0.

RIO buys Oyu Tolgoi mine in Mongolia with improved final offer, increasing its holdings to 66%, with the Gov owning the remaining 34%. One of the biggest copper mines in the world, with 500k tonnes of cueq per year. Majors are still buying attractive large mineral deposits / operating mines. They just a bit choosy/picky about which ones they select for development or outright acquisition. Mainly Tier1 selection is of upmost importance not inferior grades, afterall they have dividends to pay out to shareholders. Zero risk and long-term value via initial capex payback in 2-3 years or less. There are still a few deposits to deal /develop around the world, and the best get deals offered.

HH and the Zambia Gov will need to clean up the mess of the previous leaders, that includes the Cadastre of licences in Zambia. This will invigorate their economy over the mid - long term, and stamp out the blatant corruption. HH wants to attract foreign investment, and cleaning up the dormant licenses will be one step in the right direction. Must be plenty of areas where non exploration has been ongoing for years, in the hope of a offer for the licenses. This hampers exploration and development of licences into producing mines? Majors and Juniors will be favoured in the clean up of the cadestre, as they will be developing those dormant licences. Nick said that they may be involved in some more licenses in Zambia, during the last conference call? Suspect that the Zambia Gov will reward those that invest/explore licenses, rather than those unscrupulous individuals that sit on licenses in the hope of a large offer? A reshuffle and reorganisation of the cadastre will be long overdue. Hopefully some people will LOSE their licences and some will GAIN licences, maybe for a nominal sum? An auction of dormant licences can't be ruled out, but it's dependent on the Gov? HH looks like the real deal in bringing back inward investment into Zambia, and long-term job creation for the impoverished local people.

Chile rejected AAL 2nd project in Chile and the 6th project overall in the country since the new government in March. This is the problem in socialist led countries, and the reason that Africa is considered much better for mining than previous years. Don't want to bang on about Zambia, but it's got much more attractive to do business for the Majors with the new Gov. Botswana and other countries are implementing similar laws/rules /taxation to attract foreign investment. If you are not looking at the bigger picture, you will miss the opportunity for some Juniors in the right corner of the world. Fulmar a paid ramper? Unbelievable some people who appear on the bb's. Even China has given credit to the Arcm bod!!