Member Info for Major-Tom

Do any of the LTHs here have any concerns that the license application is in Anglos name and not the JV Co.

For transparency I sold out in May and have been waiting to buy back lower so keep a close eye on Arc.

If the application was in a new JV Co name I would be have been back in as soon as I saw that. I just cannot work out if this is good or bad for Arc.

Agree. Barring any unforseen circumstances I will start building my holding again in January. Thought I may have been able to get back in a little cheaper but 3p seems to be the bottom.

Been watching and waiting for re-entry point since selling up at around 5p earlier this year. Was very tempted to buy back again this week.

After the EA extension glad I didn't. Looks like I will need to be patient.

GLA
MT1

Not yet. Holding fire for now.

What a s#!t show

GLA
MT1

After a long time invested in ARCM I have now sold out all of my holding. Broke even. Might live to regret it. May not. Time will tell.

GLA
MT1

What a sad pathetic life these individuals must lead. Spending all weekend spouting, unfounded, scandalous, potentially libelous drivel on a share BB only to have it erased from history first thing on Monday morning.

What a sad way to spend their precious free time.

I personally have no concerns over the licenses.

The Zambian government wil not allow their mining licences to be seen as unreliable or unsecure investments. HH's presidency and planned economic recovery is based around expanding the Zambian copper output to feed the ever growing global demand. This all depends on foreign investment and I am sure they understand that If they allow such uncertainty to develop, they will not see the future foreign investment required to achieve HH's plans.

I also have full faith in the Zambian judicial system and the assets.

Having said that I do have some concerns over NVS, the companies continuing silence on CE scoping study and lack of information on this year's driling progress and results.

I'm confident too. ARCM are my largest single investment and I will be adding more over the coming weeks.

My holding may be small in comparison to some others but is significant to me. I have a six figure sum invested with an average buy price of a little of 5p.

I've no agenda here other to see the company and all shareholders prosper. I take the point regarding direct questions and understand that the CEO can't respond to all emails hence never mentioned it at the time. What pi&&Ed me of yesterday was NVS not wanting his comms shared amongst shareholders.

So long as everything he has communicated is true, honest and not market sensitive there should be no issue sharing any of his comms. If his comms are not then we are in deep s#:t.

I still have faith but yesterday was the first time I personally started to question our man at the top.

FWIW below is word for word the last mail I sent to the company on 5th August. Didn't receive a reply. Poor coms to ignore some shareholders, reply to others but ask them to keep the replies secret from other shareholders.

I am a shareholder in Arc Minerals looking for some reassurance given the recent speculation regarding legal claims, license issues and the substantial decline in share price and valuation of the company.

I have full faith in the assets in Zambia, the BOD and the management team. However given the backdrop of legal claims against our susiduraries, licences being relocated to other entities and director options being locked in at a much higher valuation the optics of the company within the financial markets do not look good at present. I fear that given all of the above the market is rapidly losing faith in both the company and the BOD. I fear that given this and the performance of the stock since the last 2 x fundraisers that we will not be able to attract future investment, if required to do so.

These legal / license claims need to be contested vigorously and the Market needs to be updated on why there is no basis to the legal claims, why the licenses have been relocated and if there has been any actual offers for the company.

Further, if Anglo American do walk away from discussions please ensure the market is made aware of any offer they made and any valuation they put in the assets.

Maybe a follow up investors call would be a good idea now that the company are no longer muted by the EA with Anglo.

I fear that if we cannot convey Anglos valuation to the market then the companies valuation will plumpet and the future would be far from bright. A terrible outcome for all of us considering the assets, potential and work coplete so far.

Thank you
Best Regards

???????

I am waiting to add more to my holding. However, in all honesty with your take on NVS's reply I think I will wait a while longer.

I don't see why he's not able to share more with us. Also being "pretty confident of turning the tide" dosent seem like he has full confidence.

Hope I'm wrong. But I will hold off for now.

I find it strange that NVS has an issue with any communications he has made to individual shareholders being passed onto any other shareholders.

Unless of course he is willing to reply to all individually.

WH Ireland take on Valuation for anyone who does not have access to the note

"Our fair value range for Arc is between 6.0p and 13.3p on exploration success and up to 20.0p, if a resource can be established. This is set against the current share price of 3.8p. We choose to show a valuation range for Arc. We see the obvious short-term value in the Cheyeza East oxide (and Kalaba) projects and the value in the exploration licences held in Zambia and Botswana, but this does not incorporate properly the potential for exploration success and what that could do to the share price. Providing a range is not our normal approach to valuation. However, in our opinion, there is extraordinary potential of the licences in Zambia, given their relationship and proximity to the newest and largest copper mines in Zambia: Sentinel, Lumwana and Kansanshi. This is especially the case as the controls on mineralisation are starting to be much better understood with companies looking outside of the traditional “Ore Shale” for new deposits. Investors need only to consider the scale of the Greenfields discovery of the Kamoa-Kakula deposit, now commissioning in the DRC, to see the potential that still exists in this century-old mining district: Kamoa-Kakula – 1,387Mt grading 2.7% copper (Indicated) and 339Mt grading 1.7% copper (Inferred). We have determined that showing a single valuation for this “potential” does not do justice to Arc and the strategic location we see in its licences."

Just reading that Marco, note that it states

"Arc’s licences are Handa Resources (fka Zamsort) (66%) and Zaco (72.5%), which total 869km2."

And

"We initiate with a fair value of 6.0p/sh, but note that a degree of exploration success could see this multiply (perhaps exceeding 20p/sh in line with our full value range), especially if a major becomes involved in the project at some level."

PR Machine seem to revving up.

"During the 18-month tenure of Chief Executive Officer Mike Henry, BHP’s position has softened. There’s a realization that to get access to the best mineral deposits for the global energy transition"

"BHP is especially bullish on copper, a metal used for wiring that’s crucial to decarbonization. Like its major rivals, BHP is expecting a surge in demand, while long-term supply looks constrained amid a lack of new mine development and as growth in top producer Chile slows amid deteriorating ore quality and huge investment burdens."

Nothing new in the article but highlights the mining Majors shift of focus to Copper as their priority mineral, the lack of availability and the Majors willingness to venture back into African projects.

Looking at the tweet. Do we think that they still in the first hole at Cheyeza?

Intersected massive sulphides at 275m. If still in first hole I assume they are still pulling massive sulphides.

Cheyeza could turn out to be a big sulphide deposit.

Couldn't have timed it any worse. Lol

Will probably double up to average down. Still the dame play for me. Planning = finding = recovery of SP

Pi##ed off to be 48% down after 1 hour of first investment in SAE but got to get in with it

Took my first position in SAE today. Hoping this is near the bottom, Uskmouth news comes soon and financing news to follow.

They've confirmed copper from 8m to over 500m. Depends on grades but yes to me looks like very good news.

Previous maximum depth of drilling was 300m so extended known mineralisation by 200m and still going in hole 2.

IMO still well on track to prov up a substantial copper Porphyry deposit.