Member Info for MikeyBuchan

Why would we need a mining license when no mining activities over Kalaba are yet taking place? That old SMEL was based off of a 2014 application which included all the conditions of the original mining plan for those activities at the time (when there was hardly any data, it was ran by Chisala/Mumena and all based off of estimates and historical drilling from the 90's Zambezi JV legacy).

Best thing to do is to reinstate a fresh mining license with a renewed expiry date over the exact recourse acreage once application specifics can be rationalised and a renewed mining plan based off of current data can be submitted to the ministry of mines. Therefore it makes sense that for now they have ratified the license into a single large exploration permit, and will then subsequently apply an up to date mining SSML with all the correct conditions over the required areas when mining begins as and when they figure out those details.

Hence I see no issues, no loss of license, no major requirement for the board to spoon feed us what they have done their best to explain, within their powers.

KullyBahia - The video does not only show Zaco and hence not only Fwiji, but the entirety of the Zamsort (Now Handa) and Zaco licenses therefore it is as you say impossible to pinpoint from the video exactly which areas the missing copper are found; with this in mind, the video also points to the entire license areas in-between Sentinel and ARCMs NW licenses - in short there is zero specific reference he is talking about only Zaco but instead the entire NW dome region of which ARCM possess a good chunk of.

To be clear - I am not basing this on any assumptions; in that very same video he makes a clear case that the missing copper relates entirely to the scandium depleting the NW Domes region of copper and pooling/enriching it within structural traps of which Sentinel is just one of those structural traps of pooled copper. Hence he then shows that Cu:Sc ratios are the key to finding the missing pooled 25Mt which the scandium has stripped from the area as per his working theory and rough calculation. The higher the Cu:Sc ratio over an anomaly the greater the concentration of the pooled copper he believes will be found.

If you go to my tweet you will see that the Cu:Sc chart has been completed for ARCM in respect to the theory developed by DW. I overlaid this map by fitting the Cu:Sc ratio mapping chart over ARCM's licenses on the Zambian mining cadaster, this way it gives us a relatively accurate scale to assess against the very same Cu:Sc ratio mapping chart which DW completed for Sentinel as found on the last slide of his video, this is also overlaid onto the mining cadaster to show to scale against ARCMs license.

https://twitter.com/BradleyEaston5/status/1350024058520416278

What you can clearly see is that there are 4 Cu:Sc anomalies of similar size to sentinel in ARCMs licenses with the largest anomaly is Muswema however we also see that from Kalaba to Lumbeta the anomaly here is then thinly connected through to Muswema. I expect that with the additional soil sampling they will further improve the resolution of the Cu:Sc anomalies so we can pinpoint the exact extent of these suspected pools of copper.

Also note that I made a daft mistake on the tweet and said that ARCM's license was the one on the East and FQM's to the West, this is the other way around for the avoidance of confusion.

Anyway I hope that clears up why Anglo would indeed be very interested in Cheyeza East, Lumbeta, Muswema and Fwiji as their own discovery manager has clearly committed ARCM to this Cu:Sc work as part of their technical review - luckily for us, his working theory clearly suggests that some of the missing 25Mt is spread amongst these areas and so DW will be very eager to test out the accuracy of his theory through way of the drill bit.

Copper Topp, I hope you’ll do fantastically well from arc. Have you done a lot of research into TXP? It’s not something I’ve looked at but obvs you feel strongly about it.
GLA

Takeover for arc minerals very likely. Arc has appointed Rothchilds brokers and Arc CEO is Ex-AA Im sure. All the ducks seem to be lining up.

Any of you in Arc are probably about to see a significant rise in your PF
GLA
Mikey

Im saying 30p

Hi Rahee,

Thank you for your thoughts, I can confirm that you would be incorrect in stating that AA are "in the process of gaining" a neighboring license. They are in fact not.

To review yourselves, please visit the following:

https://portals.landfolio.com/zambia/

You may examine for yourselves that AA do not own, or are in any involvement with any license member within the entire NW area of Zambia, other than AA's licenses to the extreme west and SW areas of Zambia (Both districts extremely far from ARCM's tenaments).

It would seem in this respect that, the new job listings are therefore in fact related to Arc. Aside from AA doing a few renewals on licenses in Zambia upon the licenses they have been involved with since c/2013 the only major upcoming change to their operations is a possible involvement with ARCM.s c/875km^2 License area.

Make of that what you will in respect to an unusually ramped up employment strategy not seen by me since 2018.

I dont hold this share-YET
I do have however many shares in Covid testing companies, that for obvious reasons are doing well.
Im not sure if you guys follow these types of companies, but I do (in great depth)and in my opinion, there is a very high chance that a LFD (pregnancy style test) is soon to hit the market. Im convinced it will be Avacta's LFD, but even if its not theirs it will be someone else, the point is that there is a test nearly within reach that will open up the economy.
Provided CINE can stay afloat long enough for the test to come out then I will be LOADING UP
People are desperate for normality, and cinema's, eating out, socialising cruises, holidays etc will be high on peoples agendas. There will be some bargains to be had, I really hope CINE is one of them.
Good luck peeps

Looks like avacta are indeed about to get their time, I’ve just been checking out their BB. (I own both)

Burned. I’m out. What a shambles.

@spike
You could smell it on Westgate road on a weekend ;-)

Just been over on the ODX chat, they seem a bit concerned. (I have a small stake)
LIke AfamaMan siad, its not a slam dunk yet, but signs are increasingly good. Hold on to your shares, trust in the management (who have excellent reputations) and enjoy the ride.
Good luck everyone

@Davidpqz
whats this about RP? my boy has RP and I'd love to know more
Mikey

What if there’s no blue lines on the test? What if you have to have the app to give you the results? It would be a bit more foolproof

Regarding the app. You would need an app for the results to keep it legit. You can’t have people carrying around a used test all day can you? And without an app what would be to stop you borrowing a negative test?
Maybe if the app scans the test first, logs the results good or bad and if bad alerts the health service
To me that would be the foolproof way to carry it out.

badeli, I’m thinking the same. Getting more happy to top it up even if it puts my avg to 1.40ish

Im so tempted to substantially top up if i can get sub £2 tomorrow, it would take my avg to around the 1.40 mark!

Anyone else topping up?

I honestly think it will be Avacta’s 10 minute spit test.

1750mk1, I hope so, itd be a nice contribution to my pension pot :-)

its about 50% of mine too. happy days:-)

Paul what does this company actually do?
Do you hold shares? Im lost too
Mikey