Member Info for Mattk6

Receptionist: This way please Mrs PeggyCilla (opens surgery door).

Doctor: Oh for goodness sake Mr Takenorisk!, I know that it's just you wearing a blonde wig, please just take those pills I gave you!

Peggycilla911: But about Arc Minerals, Doctor, you have to listen to what I have to tell you!

Doctor: Good day, Mr Takenorisk!

Doctor: Now Mr Takenorisk, i'd like to discuss this obsession you have with Arc Minerals.

TNR: It's not an obsession Doctor, I...just...

Doctor: But it says here (checks notes) that you sold your shares over 2 years ago?

TNR: Yes, that's right...but...

Doctor: And I understand you sold them at a profit?

TNR: Yes I did!

Doctor: So why are you posting almost daily since then on the chat board of this company?

TNR: To warn others!

Doctor: But you say you didn't lose any money yourself...

TNR: No, because I sold them in time, and now I have to warn others to sell their shares in this company!

Doctor: But do you know these people, are they friends of yours?

TNR: No...

Doctor: and (checks notes again) it appears they mock & deride you, why would you want to warn them?

TNR: They will thank me for it!

Doctor: Really? and why should you care about them or their investments, if you don't know them?

TNR: well...I...

Doctor: I think I understand the problem Mr Takenorisk (closes notebook). I'm going to prescribe these pills (hands bottle to patient).

TNR: But this is Viagra?

Doctor: Yes, Mr Takenorisk. They should help with the real problem. Good day!

TNR: But Doctor, what about Arc Minerals?

Doctor: Good day, Mr Takenorisk!

I agree - it's about timing entry & exit and not getting too greedy. Although saying that I'm hoping for at least a 50 bag return on my PPP shares! I the issues that will affect PPP once Oil production starts are things like which way the US election goes, how the Ukraine war plays out, the current middle east situation etc. All those things will influence the Oil price & future PPP earnings and therefore the share price.

Considering the mill was finished and ready to go for 6 months prior to the licence being finally awarded, I find it surprising that we've had no update on commissioning/production of Gold since the final sign-off on 31st July. I guess this one is a slow-burner but it would be nice to know that 18 month wait was worth it...

Affrrm - I'm not sure some of those examples are a wise choice. Look at EUA - yest it went to over 40p a share but as of today it's been suspended for a couple of months at 2p. Imagine buying in at 40p - that's a 95% drop. NCYT may have been at 1194p at the height of Covid but today it's at 80p - 93% drop. I'd like to think PPP will rise to over £100 million MCAP but it depends how they fund the LIthium JV. If it's through a discounted placing then we could see an HE1 situation here where the share count goes from 100 million to a billion+ ...I hope not of course but it's best not to get too carried away until we see what they are planning.

Of course it can get to £100 million MCAP based on hype/ramping if nothing else. Look at NCYT - MCAP today is approx. £60 million. During Covid it was up to about £800 million . Same with EUA, GGP, UFO - all had spectacular rises in a short time period. The thing is, they are nowhere near the same share price/MCAP today, except GGP, where the MCAP is about a third of its peak but that's with huge dilution to the share numbers (at peak 38p per share, today under 7p). The danger with PPP is expecting it to keep going up . I think after the early rise it will reverse quite a bit. I guess it all depends on their future plans and where they can actually grow the company rather than relying solely on the ORI for income.

I wouldn't take much heed of anything Tiger16 says, he's been predicting the lifting of the suspension pretty much every day since 1st August.

Sheltie - I agree with your sentiments - I'm in Arc Minerals who signed 'the best JV ever' with Anglo American in May 2022 -and where is the share price today? about 50% lower than it was in 2022! Anyone with £10k plus invested here is crazy...

The accounts still not being ready is bad enough but I don't understand how the company's website is still 'unavailable' after over a month. It all seems rather amateurish to me. I'd like to believe the hype about this share, but it seems like it's probably as badly run as HE1 and numerous other 'get rich quick' companies. Hope i'm wrong though as I do hold shares in this one!

I see that absolute sad sack TNR (or is it Peggy, I forget? ) is still posting on here on a daily basis. Fast approaching the '2,000 posts on a share he doesn't hold' mark - that's got to be some sort of record, not sure there's any normal person that would likely be close to matching it. It's strange how every share chat on LSE has got one complete nutjob poster, it's just unfortunate that ARCM currently has two...

Westend were officially appointed as the Company Secretary on 31/07/2024. It’s on the Pennpetro companies house page.

Make that 1,076 posts. Oh takenorisk/Peggy, spending your Saturday AND Sunday posting about a share you don't own? It's no wonder you don't have a partner. If you are really that bored, go and pick up litter in the park. At least that's something useful you could do with all this time you seem to have on your hands.

Simon - Peggycilla & Takenorisk are the same person, there is no doubt about that. Why this person chooses to spend

their weekend posting negative comments about a share they don't own? I can't answer that.

What happened to the 1p 'on permit approval' prediction? It hasn't even breached 0.05p yet...

After the long wait it's disappointing to see a rise still some way below the January 2024 level.

Yeah, like I thought. You may be different people (doubtful) but you're two of a kind...

Thanks for proving what I suspected to be true.

It's sad to see you are happy to waste your whole day & evening reading/writing this rubbish.

So why are you here Peggycilla911?

Because Peggycilla911 you have declared this share is a loser and yet you've been here on and off all day and you are clearly also Takenorisk (the 'good luck most' sign-off is a bit of a give away) so post continuously on this share almost daily and yet I don't understand your persistence or motive, unless that you really don't have anything better to do. If you are shorting this stock, believe me there are much better options out there (hello HE1...) and if you're not, and you're not a shareholder then this is a colossal waste of your time...

So why exactly are you here Peggycilla911? And why were you here at 7.30 this morning?

Takenorisk - the difference between you and I (aside from only 1 of us being a 50 year-old virgin) is that I’m actually invested in ARC & you, as you’ve stated several times, sold out a long time ago. Ok, my earlier prediction was maybe a year premature & following the dilution, the share price may not reach that height, but I am still sure that this will easily 10 bag from here (probably more) by the end of this drilling season. The day I sell, I will no longer follow or post on this board, as what would be the point? In the meantime, I appreciate all the useful info from Fulmar & SeisNav etc. & just have to tolerate idiots like you with nothing better to do. Now get lost you sad sack of shiitake mushrooms.

I’m just hoping that once Anglo start drilling they go with 2 initial holes - one to look for Copper & one to throw Takenorisk into…

So based on the replies on here, the income from the milling plant ranges from about $3 million p.a. to £500 million (Chisler). Does anyone have an idea of what it's likely to mean in terms of the market cap if the annual income is around the lower end of the range? Bearing in mind I suppose that they will also be processing for other miners in the area so would then also be earning a commission on that as well. Is a £25-£50 million market cap reasonable in the short term, before any developments on the mining side?