Monday's Investor Webinar28 Oct 2023 08:33
I hope genuine holders on here are planning to submit questions for Monday's Investor Webinar. FWIW here are the questions i've e-mailed over this morning. Hopefully at least a few will be answered:
1. When is the first tranche of money due to be received from Anglo American, and how much of the initial $3.5 million is actually going directly to ARC Minerals?
2. You announced that drilling has started in Zambia. Given that the rainy season is about to start, will drilling be suspended shortly until next May/June, or continue through the wet season?
3. Does ARC need to do a placing in order to raise funds before the end of 2023?
4. How much additional cash will ARC need in the next 12 months in order to continue drilling in Botswana and for potential acquisitions etc?
5. Are the Botswana assay results from 2022 due to be published shortly?
6. Will drilling recommence in Botswana this year, and is there a timeframe for this?
7. Are ARC intending to pay the PDMRs the outstanding money from the surrender of share options in 2021 by the end of March 2024? If so, how will this be funded?
8. What are ARC's short-term and medium-term plans while Zambia drilling is ongoing?
9. Does ARC still own the TMNA shares and if so, what is the current value of ARC's holding?
10. When are the first results likely from the current drilling in Zambia, before end of 2023?