Member Info for Kullybahia

Copper price is languishing as the economic outlook weakness across the world. A strong $ and covid lockdown, coupled with an imminent recession has brought the red d metal to year lows. Even though China will be stockpiling copper and buying at these prices, the price has spiralled down. That's why the Majors only develop long life deposits with Tier 1 goals in mind. Any Major will be still making money at these prices, as they will have an excellent economic model in place to protect against such price falls. Its the Tier 2/3 deposits that struggle with low prices as profits are squeezed. And people wonder why AAL wanted a deal with Arcm. Pretty self explanatory, if you understand what a Major is looking to explore / develop. Still we await the two deals to be signed /sealed and rns'd.

Don't know why people complain about the sp of Arcm? Really bad form to suggest that the company hasn't achieved anything? Try to find a different company to invest /trade in! The same handles moaning /complaining /trolling /trying to get one over on others. Suggests the $88.5m deal with AAL was just a coincidence, and not of particular importance? Can't be arsed to converse with such ignorant people. They never answer a question you ask them? Just this hasn't happened /that's not signed / no communications from the bod? Seen it all before on other bb's. Taking a breather for the rest of the year. ATB everyone apart from the Trolls.

Or perhaps we'll hear about Colin Bird on vacation for the summer. Sunning it up in the UAE, and ramping his companies with promise of production next week /month/year /decade/century /millennium? Or that uneconomical grades in a bear market is going to attract Majors to XTR. 0.3 - 0.4% grades you can find better in a scrap yard! Or that he's going to deliver on promises to his loyal followers, whilst running his lifestyle companies! Unbelievable the amount of trolling some estate agents do? No houses for sale in Tunbridge Wells?

Piggy on his period? Don't worry about the 'Tampon tax', just go to your dentist and have your teeth pulled out with pliers. Then you won't need to worry about not smiling, you can carry on being a keyboard warrior. Jeez, this bb attracts so much pond life!

Fulmar is spot on. We just need the Casa deal and JV deal done. Then we can go ahead and look at Botswana licenses. It's a bit unnerving watching the sp drift, but look at the rest of the market as a world wide recession is looming.Today BZT rns'd a drawdown of money, clever way of death spiral. Look at the comments from the shareholders on that bb about Colin Bird. Once we've signed the two deals, non dilution and cash incoming. Its a really s*it market and its going to get worse. Just wait for the drill bit to do the talking, best communication in a bear market.

Sales of $AUD 4.8M =£2.82M, am I missing something here? Is there more production planned to ramp up sales? / Or is that it, maybe a bit more tonnage?

After yesterday's rns's by LAM +DDDD, AIM is showing its true colours. LAM have funding issues, and lost 80% in mcap value within an hour. It's largest shareholder has made a low ball offer for the company, which is being considered by the Bod. DDDD is even worse, a specialist loan provider has called in the loan, it entered administration due to conditions of the loan. Mcolls also had similar money problems and didn't fare any better about two months ago. Better to be in companies that can weather the storm coming, otherwise suffer the same fate. Arcm have Casa sale and AAL deal to be signed, and its non dilution for the foreseeable future. Casa, a 3m au oz deposit in the DRC, and no one has the ambition to build a mine? Still unsure on the outcome of Casa, will wait and see what happens? Maybe all that Bitcoin mining has caused a slump in normal mining activities?

Against a background of a looming recession, Majors are always derisking their assets /deposits /mines. This is done by a business model that creates profitability in an economic downturn. When copper was £6k per tonne, the majors still made money, its the more lesser grade mines than suffer from lower prices. Hence why Majors can continue invest in long-term projects, and pay handsome dividends to their shareholders. Its no surprise that Arcm got a deal with AAL, they know that the area could possibly host a Tier1 deposit or two. AAL aren't going to put any mine in jeopardy from lower commodity prices. That's why so many small junior /producers fail in a low price environment. If we do have a prolonged recession (12 - 18 months)? Think the US is already there, the overall defacto of copper is the price will recover. Will be a lot of Juniors that will struggle to raise money? Obviously Arcm still need to get Casa done, and signatures with AAL. Hot weather is a bit too good for my liking, prefer 18*c.

Why don't you spend your time on the XTR bb? They can't seem to fathom one rns from the next? Or better still, if it's such an amazing investment case, as per the concise informative people on there. Go and make friends with them, and hopefully they will receive you with 'Open Arms'? Then make an investment into the company, this way, we won't be bothered by your incessant non investment comments over here!

Interesting choice of shirts, company with potential Tier1 assets? Or a POS with inferior grades? Considering that Arcm oxide shallow grades at Cheyeza East are 200% better. Just wait for the drill bit to do the talking. Can't disagree with the drill bit on any licence anywhere in the world. Grades make companies, not BS on bb's. Stick to your fantasy of CB being God in your invested companies. Myles and Baron are still loading up in Arcm, just not in CB companies. Make of that what you want, but considering that they are better investors than most of AIM? Wouldn't be seen invested in anything with CB involvement. Have a very pleasant evening /night.

Yeah! These are the guys who told AAL to sell their assets in Aus to XTR. Because inferior grades are for companies who list on the Gumtree /Drug dealer website. But to progress on licenses that may contain Tier1 assets. So glad that they did a $88.5m deal for their old licence in Zambia. Can't say I'm surprised with their decision, after all a Major has dividends to pay. And need to make informed decisions on secure assets, no risk in the portfolio of assets that they are developing. Colin Bird isn't high up on the AAL list of contact numbers. I'm fact he doesn't exist on AAL's list of contacts, just some charlatan who spins stories of Tier1 deposits on his companies he works at. Could be wrong, but never know? He may do a placing soon, something that Arcm will not need for a long time!! Think before you post rubbish on here!! Coors time!!

Don't know what the fuss is about, apart from certain individuals who would like a cheaper entry? If BaronInvestments isn't worried about buying 8m shares in the open market, then why are others. To get a better price of sub 4p? Chill out MF's, if you ain't invested, then your a trader? And therefore only interested in getting a cheap entry, before exiting on higher price. Can spot the traders by their language on bb's. Same old by certain people on here like Cilla, laughable to think that they can sway the sp.

Doesn't matter what the Copper price does if you find a Tier1 deposit? AAL aren't going to waste their man hours on inferior grades. They got Institutional investors on the register, like all big companies. They need to pay dividends to those investors, without making big risks. Hence why they decided to come back to Zambia, after a 20 year absence. Be rest assured that they will be working on the project with breakneck speed, with only 6 months of drilling available. Can't think of many Juniors that got a deal as good as Arcm on AIM. GGP, OMI have similar JV's. Some may get a JV on building a mine in the future, if their commodity increases in price. We'll be bought out of the 30% if drill is successful by AAL. Gives us a get out, and a clean slate to move on. Wether we buy more licences / offered is debatable. Prefer to just keep Botswana, as time consuming and money consuming. Some real numpties on this bb of late! Do you not have a garden fence to paint? Mow the lawn? Walk the dog / or the dog walk you? Get a cheap tan in the current weather? Drink some cheap beers? Go to your worse enemy wedding? Go to your own funeral?

The problem with online retailers is the return policy for free. Its not good for business, when you have to cover the cost of returns. Witnessed it this week, when I collected some returns for Zara. The guy in the distribution centre asked for a white trailer? When I asked the guy what he means by white trailer? The answer was that some returns are out of fashion, and need to be sold at auction for a discount. Thus a plain white trailer, without the company logo is required. As to not tarnish the brand. Can see a returns charge coming for all online retailers soon, its just not cost effective to keep paying for returns. That will reduce the amount of returns, but not stop returns. Boo looks like it needs to find better ways of reducing costs. Pretty Little Things is in the same scenario.

'Don't pin your hopes on this one, there are much better other plays out there' . Then why don't you enlighten us on these other plays? Instead of just stating nothing is happening? BTW are you in Zambia, can you see AAL's staff strolling around casually /nonchalantly. David Wood sitting by a camp fire, smoking a roll up of Golden Virginia, not marijuna? Drinking coffee, laughing about his copper /scandium ratio and missing 25m tonnes of copper. Name me a better play, once the deal is signed? Didn't think so!

It's obvious from the Indaba Conference that Majors were impressed by the Zambia Gov. Enough to start inward investment into the country. Vedanta were engaged to restart the copper mine, that has been on maintenance / shutdown. Clearly the Gov perspective is to attract the right / big companies to invest, whilst ridding itself of the criminal elements of the Mining sector. They clearly understand the importance of major's in the sector, and the language is mutual. Can only see majors getting licenses in future, because they'll develop those licences. Even the Juniors, looking for licences will be pushed back in favour of the majors.

RIO probably got some assurances from the Zambia Gov, on future licences? The Gov clearly wants big companies to make inroads via investment in Zambia mining. They also want to eradicate the smaller /lesser licences than no one is developing, via cadastre reshuffle? Can see these lesser licences being sold to the majors, at a discounted price. RIO must have gained some favourable attention, regarding reorganisation of dormant licences. Don't think AAL will worry, we've got the Sentinel Mine on our doorstep. Cheyeza East is full of shallow oxide grades, and closest area to Sentinel. Sure as can be that fluids flowed East to West, from Sentinel onto our licenses. Just how much is the question AAL will answer via the drill bit. If RIO weren't happy with the MS deal, they really should have upped their offer for Arcm's licenses!

RIO decided not to further pursue their JV with Midnight Sun. Details were not disclosed by either parties, but JV was terminated. Has no bearing on the AAL deal with Arcm, but I'm sure that some will decide its of relevance, and make comments here. Not that I'll be paying any attention to the comments, probably didn't realise until now that the deal was terminated yesterday. ATB everyone.

Production in Chile fell by 9.8% to 421,000 tonnes in April. Enter Zambia with ambitious targets of 3m tonnes of copper per year. Every man and his goldfish is here, looking for licenses to drill. With the exception of a junior, that's been sitting on the most prospective undeveloped licenses in the Domes region of Africa. Can see a lot of things happening in Africa via construction of mines and job creation in the next decade or two. Won't be long before our drill starts and results show AIM, that 4p was a bargain during this downtrend in the market. Apart from Oil, there's not much else going on in the market for the next 6 months?

Congrats to Forest getting promoted to the PL. The reason is obvious if you look deeper into the corrupt world of football. Liv lost the CL final to Real again, they're only chances of getting their hands on a European Cup is by playing Forest away, and robbing their trophy cabinet of the two European Cup. Liv the whinge capital of football, always an excuse for not winning. Some Liv fan (woman) had £100 bet on the Quadruple @300/1 and had £95k cash out when, 0-2 villa and LIV 1-1. But didn't cash out, and the rest is history! Speaking of Real, they are the Giants of European football, 14 European Cups. If you compare Zambia these days, it is now becoming the go to place for exploration of copper. Our licenses are the 'Real' of undeveloped licenses in Zambia, with 14 targets to drill out. Finding Tier1's is AAL job, and $74m should do it.