Member Info for NicetoMichu

Fair +ucks to M Tucks on that shout out !

I topped up here today.. firs time in a long time.. if this -at last- wakes up again, I'll wake up on this BB ..

(my current position here remains somewhat under water .. but this was extremely kind to me in the early days after Mr Harrington gobbled up Rose Petroleum with his pearly whites )

Apols Ella.. and thanks for pointing that out.. I'm pretty new to this share

They may well have tried kyocera.

I also note the following recent RNS :

4 March 2024

Arc Minerals Ltd

('Arc Minerals' or the 'Company')

Change of Nominated Adviser

Arc Minerals Ltd announces the appointment of WH Ireland Limited as the Company's Nominated Adviser and Sole Broker, with immediate effect.

Jezzoo

Excellent shout Jessso, in fairness

Another very large volume transaction day in train here today.. Even including shorting and panic dumping by others the Block Seller - Swedish pension fund, I assume - must be finished by end of play today, I'll guesstimate

(The transacted volumes gone through yesterday and today and last Friday are very outlyingly large versus the average daily transacted volumes thru feb. for eg (the highest Volume day in all of Feb was 12m .. and there were many much small volume than that days too.. ..so my guess is relatively little of that large block sell down was actually completed thru the whole of Feb.....and it's only in March that the hardcore selling down of that block has actually happened )

If it's the B in OSB you're referring to Mr Zap re questioning parentage, it's B as in Old School Boycie (not Bird)

(If/when you do go on the Bird payroll, I'll have to assign you an Only Fools and Horses nickname too btw Mr Zap.. I'm leaning towards Mike the Barman at the Old Nags Head for you.... but far from sure ... and still plenty of characters from it to assign to the Inside gang too... if it ever came out in the wash that whichever posters here were in some shape or form on the inside ..

eg 1 I'm reserving Uncle Albert for Captain Bob, just in case :-) ..

eg 2 With some of her model derived valuations for Manica, I was briefly thinking Cruella had a chance of being invited inside too.. but even Mr Colin D Bird wouldn't be able to keep a straight face in presenting those valuations, I soon realised .... and Manica is now sold too ... so I doubt she'll get invited inside now.. if she had been.. early on in her time here, Cassandra would have been a possibility.. but Marlene felt more apt as we went :-)

If you hear a knock on the front door soon Mr Zap, it might easily be CB's mate OSB visiting to tap you up to come on pay roll :-)

If it's middle England you live in - Nottingham ringing a vague bell .. but have had a few sherbets .. - then CB will send apologies for not doing this visit in person.. but he'll have an engagement at Newark or Nottingham racecourse that day, purely coincidentally.

Forget about you being 'Colin's Bird' .. Colin's Birdy is a better trade !

For ARCM BOD to look to do a placing thru recent weeks, against the backdrop of the advanced warned big sell down from the Swedish Teachers Pension fund and in the knowledge of Drilling plan/actual drilling 'imminently'.. etc.. would see them all voted out of their jobs at the next AGM, i'd guess.. they'd absolutely not take the chance of getting thrown off the juiciest of salaries / options etc gravy trains for years to come imho.. ( worst case they'd pause taking salaries for a few months til summer.. then raise ..etc.. )

Some punter on the AA board quoted that something like 7 out of 10 of AA's most prospective targets from all their legacy drilling in the region were within the licence area ARCM had gotten ownership of.... hence why AA JV'd with them, I expect ,,.. but anything can happen in this game, I get..

No fear of Mr Colin Bird selling out of here on ethical grounds, at least.

Forget 20m + ... we might now even get to 30m + transacted volume here today ( we're at 26 m + coming in the last stretch of market open) = HUGE

(Last Friday was a very major outlier large transacted volume day at 23m ish .... yesterday was 6m ish .. for comparison)

Plenty who are in here are in ARCM too, I more and more get.

I'm in both - decently more here than there right now, but I expect to rebalance to approx. equal amounts in both as we go - and I paste here/now what I offered to Andrew re relative valuations of one versus the other over on the ARCM board the other day:

Generally, ARCM at 2p ish is equally as appealing to me as xtr.l at 1p ish.... both meaningfully too cheap on even a moderately bullish forward POC view imho..

Might even get to 20m + shares transacted today now... and I'd categorise that as the huge size of very big, even

(relatively speaking.. eg More than the first three days of this week transacted volumes put together.. and getting up towards last Fridays bumper volume day)

The remaining Swedish Pension fund share pile must be very low now.. and very hopefully fully sold out this week now, I guess/hope

IMHO & DYOR

There's hard core hatefulness from a few bears here too though, that's not widely found on other stock BB's - and I look in on a lot.. and participate on a fair few too - thankfully

eg Xtract's s/p is in maybe a bigger hole than this one is even, around now.. and there's annoyance, cynicism and p++s taking out of the 'useless' BOD - not least by me - but I don't get hatefulness on that BB like I do on this

The bears are in over over drive I see here today.. free world, granted... but basking in others hard luck around now is sad.. and what goes around comes around

Fair play Fulmar for topping up btw!

I've also done my buying bit here recently too .. Andrew certainly has too .. and a fair few more besides have too, I have no doubt. Nice one all.

(The block seller will dump plenty of millions more shares today, i'll extrapolate from this mornings punchy selling.. and so should be coming fairly close to fully out now, I'd guess.. indeed I'd hope that we will see the block seller done within a few more days, if those are even semi decent volume days .. (if we had even one more day of v large volume , even close to last Friday's for eg, then that might clear the remaining lot in a day, I'd hope)

IMHO & DYOR

Bad prophet like small exposure only, in fairness..

perhaps even need microscope to be able to see this exposure

So many false dawns indeed ..and so much exposure .. especially while very excited ..

Mr WOS exposes himself widely, I fear..

Mr Professional exposes himself occasionally only, so far...

Maybe I do another top up tomorrow.... Exciting times here soon .. maybe/hopefully.... but please do not expose yourselves, Sirs.. especially if very excite(d) by matd.l at the time !

I understand the way you play this game is far bigger swinging Richard than me, Andrew .... so fair play to you for stepping in to hoover - what I expect will overall be - a punchy enough chunk of this sellers shares !

(I'm more weasel to your Eagle :-) From a small base, I've doubled my holding here thru the last week or so ... but have only got my average down from 2.75 p to 2.5 p in the process.. which is defo. not inspiring me .. and me continuing to buy in clips of approx 50k shares now gets only tiny decreases to my overall average.... so maybe I'm done buying around this time.. but small chance I take a couple of 'emergency' final decently bigger clips at 1.80 p or lower .. however, I really hope this doesn't go to 1.80/1.70p now, in truth.. a good chance it doesn't, I'd guess.. but who knows really.. not least as seller could just dump a bunch quickly to finish with only a tiny neg. effect on overall average selling price they've achieved.. but resulting in a decent final hit to share price as they close the door behind them )