Member Info for Major-Tom

Honestly cannot understand who would be selling at this price.

Really surprised that, with drilling ongoing, there isn't more interest here. Given that the value of Verkhuba more than underwrites the current valuation of EST it feels like a free carry on the drilling. Hopefully more people get interested here ahead of assay results.

Thanks for the feedback. I can see some positve news driving the SP. However I always feel that prospect of a raise always dampens SP. Would you be happy with a raise in Q3 ahead of positive news so that there are no short term funding concerns to hold back the SP upon this news?

In the interest of transparency, and to prevent howls of de-ramping and trolling, I am watching ORR and planning to re-invest when I feel the time is correct.

For me that time will be when we have clarity of funding beyond the Lanstead agreement. I believe the Final Lanstead payment will be around Friday the 12th September. I assume that the appointment of Strand Hanson is to secure future funding beyond this. I understand the takeover talk but IMO there is no way such a deal can be executed in a little over 3 months. Same applies to a JV.

So what other funding options do the BOD have? I do not believe they would need Strand Hanson if the plan was to enter into another Lanstead arrangement. Therefore, I come to the conclusion that a traditional equity placing is on the cards.

As I said at the outset I am looking for an entry point and interested to hear thoughts on this and other potential funding solutions etc.

As I remember he used them as security on a loan. Then there were some issues with the loan. But it was never confirmed what happened to them.

Did anyone ever figure out what actually happened with MM's shares?

I will HC. As soon as the exploration plans for this year are confirmed I will be adding substantially to my holding.

Strange troll who continually states that Arc has the most prospective licenses in Zambia. And, I am hopeful of Anglo discovering a major copper / nickel / cobalt deposit. My issue is the BOD and how they have handled these assets and managed the company on behalf of shareholders. Like it or not. The share price clearly shows that they have failed to maximize this opportunity for shareholder. You cannot argue with that. Facts are facts.

Agree Guzzler. Suspect NVS has played Fulmar like a fiddle. There was a very similar sort of character on the Sound Energy board many years ago. In the know, setting up echo chamber investor groups, spouting fake news he had been fed from his buddy on the board. Cost some investors an absolute fortune. Rampers like them cost more investors, more money than any de-ramper ever will. De-rampers make some people question their investment decisions. Blinkered maximalist's make some people really regret their investment decisions.

And yet, here you are still posting on this much worse forum. I have been part of these groups in the past. In my experience echo chambers can be bad for your pocket. So, thanks for the offer. But I will pass.

Simon, unfortunately not. Sunday, is a working day in my neck of the woods. FYI, sad is definitely not something anyone who actually knows me has ever called me or how I have ever viewed my life. So please don't worry about me, I am perfectly happy. Maybe take a look in the mirror though. After all you are the one who is on here during your weekend.

Fulmar, it seems your support for Nick et. all has never waivered. I find this unwavering support very strange, and it makes me suspicious of your motives.

Given they have overseen the SP of ARCM decline around 80% in the last 3 years. Have continued to draw down company funds via their exuberant salaries. Cashed in their share options at near all-time highs and then issued more at near all-time lows. I just cannot understand it!

I have been fortunate enough to play my investment in ARCM and with minimum losses so far. However, given your posting history I assume you are sitting on very large % paper loss on your investment at the moment. I don't know any other seasoned investor who would be comfortable with such losses, given the actions of the BOD. Why do you still have faith in these guys?

Thanks for the reply CB. That was my understanding. What's your thoughts on the valuation here with SVML being pre DFS and MDA?

I am getting tempted by the value on offer here. One thing is holding me back from investing. As far as I can see Soverign do bit have a Mining licence/ MDA in place. As far as i can they have an exploration license. Is this correct?

Not pitched in here for a while. I understand the point regarding the potential increased cash payment. However, on the flip side if Anglo focus on stratigraphic drilling to help define the overall geology, as t5he have so far, and don't like what they see they can just walk away with minimal outlay.

IMO the "invest upto $24m" to earn a 51% stake was not a good move and it would have been much better to get them or another partner to commit to invest $24m to retain a 51% stake.

Agree on the exceptional upside here. However, not really surprised by the muted response. The way the company is being funded means another fundraise is always on the horizon. IMO they should try to raise a more significant amount of cash £2-3m then they will have a 2 year cash runway to advance exploration and increase value without the constant expectation of another raise.

Exactly TC. Cashed in at record SP to prevent / reduce dilution. Then re-issued at much lower price. The management are paid more than enough to incentivize them. They are ruining what could be a fantastic investment opportunity.

ARC could, in fact should, be the most exciting copper exploration play out there. However, this management make it so difficult to trust them and therefore the company. Shamefull.

I've sold out all my positions. China retaliation = trade war. Trade War is bad for all stock in all markets. I'm selling out and seeing where this trade war goes.

GLA. Hope this continues to rise for y'all.

i know was ******* myself as he swung from raw earths to roar earths. really not got a clue what he's talking about.

gallmut mka are really well positioned with songwe and hpms recycling. sure the market will start to realise this soon enough.