Member Info for Major-Tom

Nice to see that preparations are underway for drilling at Verkhuba

https://twitter.com/EastStar_PLC/status/1661297326835527683?t=GXQ2GLnJMFemv8REKjzKkg&s=19

All very quiet around First Tin. IMO this gives anyone willing to take the time to research the Tin and in particular the First Tin proposal a xhance to build a position at a good valuation.

IMO First Tin present a compelling investment proposal.

Why?

They have 2 x advanced 100% owned projects in Tellerhäuser Germany & Taronga Australia. Both projects are low capex, low risk & have robust economics. Both have fully funded DFS's ongoing.

Taronga, with its low strip ratio, simple metallurgy, low cost renewable power and secured water source is a great, low risk, Low CAPEX project. With the recent confirmatory drilling validating the data from historic Newmont drilling and the fact First Tin are working on an updated resource estimate based on this as part of ongoing DFS. I cannot see how the upside potetinal of Taronga is in the current valuation.

Tellerhäuser, with the previous scoping study already confirming economics, the existing infrastructure meaning low CAPEX is again a compelling Low Risk, low CAPEX project. Add in the fact the historic drilling suggests continuous & consistent mineralisation. Again I cannot see how the upside potetinal of Tellerhäuser is in the current valuation.

Management, Considering the BOD own ~10% excluding Nicholas Mather, the CEO keeps increasing his holding, the largest shareholder Clara Resources (Nicholas Mathers) own 22.6%. IMO First Tin have a fully aligned, committed management team, progressing at speed with the backing of significant cornerstone investor.

Hopefully the progress and associated news flow over the next 12 months, Taronga updated MRE. Tellerhäuser deep assays, Tellerhäuser updated MRE, Mineral testwork at Tellerhäuser, DFS for Taronga, DFS for Tellerhäuser helps push the valuation to a more realistic level. IMO First tin should significantly advance both projects, realise some of the Taronga and Tellerhäuser upside & increase SP over next 12 months.

IMO the current valuation ~£19m presents a great opportunity to build a position in First Tin before wider market wakes up to the its potential. I am a buyer at these levels. If not already done so, do some research on the Tin market, the comapny, the management, the major sharholders and the deposits. If you do I think you may come to the same conclusion. If not I would be happy to hear thoughts to the contrary.

Headder, maybe aye, maybe naw.

Given up trying to call the bottom. Experience tells me i should be happy to buy as close as possible.

I've done that and more than happy with my buy.

Back in buy zone so took a new position just before close. Looks like a good entry point to me. Below recent CEO buy. Lots of upside potential from here. So very happy to add at this price.

Very reassuring update from NVS

Deal will be closed within a few weeks

Arc in very strong position upon closing

Planning underway for drilling this year

No need for raise

Confident we will hit the motherload

Getting Botswana Assay's back and will report in near future

Hold 3m Tingo shares and "For sure" Will liquidate Tingo shares before coning back to the market for further funds

IMO all very, very reassuring for Arc shareholders.

Steve, I understand what you are saying. However, most MMs income is through commission from clients and spread. Very few MMs prop trade micro caps. They just don't want / need the risk. I agree, their go to tactic for increasing volume is drop the Bid, hoover up shares from weak sellers to pass on to the brave buyers taking revenue from commision and spread in the process. However, normally when they play this game it is usually difficult / impossible to buy anywhere near the mid price. When I am buying that is not the case. Makes me think that they must have a decent upply of stock for sale / sell order to fill. Just cannot imagine given the current outlook and price why anyone would be selling. Nevertheless I am a buyer at this price.

Peggy, I have been uber cautious here. However, I am now 100% confident that the JV will go ahead. In my experience that will mean a sustained increase in value over the next few years as Anglo fast track exploration. I will therfore continue to add as it drops further, if it drops further, to average down and maximise my eventual profit.

Couldn't resist another top up this morning with MMs dropping price so far. Where do we think that all these shares are coming from?

Hi Happy, upcoming news flow from Test Work on REE and follow up drilling at Talairyk and follow up drilling a Rudny Altai VMS, particularily the Verkhuba deposit should see East Stars valuation soar.

These 2 work streams should enable JORC compliant resources on both deposits this year. If either are decent MCAP should be closer to £25m than £5m.

Agree Earl, Market totally missed that. The increased holding in magnito and the COTEC deal in 🇺🇸 are great news and will lead to inveease in valuation. However, there is real potential for 'rerate' type new from those 🇺🇸 Government discussions

Agree, was previpusly invested here purely for Songwe REE. Started to rebuild my position as valuation dropped and took last tranche this morning on Magnito news.

IMO this puts Mkango front and centre of the emerging REE magnet recycling sector. Progressing Magnito with Cotec should provide plenty news rich upside potential. I particularly like the "Ongoing discussions with US Government, potential customers and recycling partners" comment.

Songwe becomes something of a bonus and can be progressed in the background with the same level of dependency for Mkango.

Good to see Ceo Thomas Buenger confirming his belief in the upside potential of FirstTin from current valuation by increasing his holding

Love companies with a BOD that are fully aligned with shareholders. First Tin definitely seem to tick that box.

Looks like it breaking recent resistance. Onwards and upwards.

I get the feeling that the momentum here is starting to shift to the upside. Hopefully some positive news on the REE test work and then drilling at Rudny Altai VMS can push East Stars SP and valuation back were they belongs

Welcome to ARCM Agricole. I have held ARCM on and off over the last 5 years.

Yeah the ARCM BB is a very polarised place. The way Arc built their holdings in the Zambian licenses, the actions of some former directors / major shareholders and the subsequent relationship between them and ARCM has led to a lot of bad blood. The prolonged Anglo JV transaction and IMO some of the boards actions during that period has provided fertile ground for sniping, de-ramping and left many disillusioned and questioning their investment here. I, myself have been disillusioned and questioned the logic inveting here at times over the last couple of years.

However, I am pleased to say that since the last RNS, investor call and subsequent Anglo validation of the JV I am a lot more positive and fully reinvested once again.

For me the propsectivity and quality of ARCMs licences in Zambia were never in doubt. I genuinely think they are the most promising licences in the domes region of the Zambian copperbelt. IMO anyone who takes the time understand the geology and historical exploration work in the region will probably come to the same conclusion.

Regarding valuation, I personally think the current valuation ~£45m is about right for now. However, I do expect the valuation will start to increase once Anglo get started with ramped up exploration and drilling. And any significant copper intersections found will IMO see ARCMs valuation increase significantly.

I try to invest in companies with valuations that I expect to double and hope will 5x. From everything I know of the domes region of the Zambian copperbelt, ARCMs licences and Anglos exploration capabilities I am very confident ARCM tick that box.

Tried to view the tweet F29. However, it seems that I'm blocked from viewing your tweets. 😲

One of my other holdings LBE announced a unexpected JV this morning. Up over 120% with more to come.

What do you think would happen to EST valuation if they managd to agree an unexpected JV. Very similar outcome I expect.

I added another ~150k shares just incase. You never know. POTENTIAL upside here is mind boggling

Very under the radar. I took my first position this morning. Hopefully start to move as more people become aware of the company and potential.

Very good post nomlungu. Agree , to early to make any decisons on thisbprospect.

You invested here?

Hopefully get back to 3.7p in short order.

Took my first position this morning. Like the look of the licenses, the FQM and Sandfire agreements. Have been watching for a while. Hopefully good timing.