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https://twitter.com/Trisseswe/status/1255026638846332928?s=19
Great news this will stir up some fear of missing out amongst the majors. NvS will wait out for something significantly bigger IMO though.
Some interesting chat from KEvB and others on Twitter:
#ARCM
The majors are clearly hotting up in Zambia. This specific deal is giving away too much imo and I expect Arc to be negotiating much better. As alluded to by Rémy at Indaba. We have more land and more targets, Anglo top picks. Exciting times!#copper
https://t.co/0QnGlg62Bs
Agreed. Managed to to build additional 50% to my ARCM holding over the last month at crazy prices.
I do feel we're about to head north now and I'm really expecting something significant to come out soon.
1.7p just been paid.
Agreed frustrating. I'm trying to build a position in a copper play that's yet to move and time's running out...... Having to divert my efforts elsewhere.
https://www.investegate.co.uk/Index.aspx?searchtype=3&words=BOU
What the fudge is going on here?
Tim confirmed they'll use the RNS Reach system.
From London Stock Exchange dot Com
RNS REACH
WHAT IS RNS REACH?
No ordinary newswire, RNS Reach is a high-profile investor communication service aimed at assisting listed and unlisted companies to distribute non-regulatory news releases such as marketing messages, corporate and product information into the public domain. RNS Reach is based on the existing RNS UK-Regulatory service and has the same levels of efficiency, control and broad dissemination.
RNS Reach enables unlisted and foreign-listed companies to deliver their news to both a private and professional investor audience. Announcements are released automatically on the London Stock Exchange corporate website (“Market News” section) and are tagged as “RNS-R” in the “Source” column of the Market News service of the LSEG website, as well as on a variety of other information vendors including RNS – RCS on Thomson Reuters terminals and as RNSN on Bloomberg.
WHAT TYPE OF ANNOUNCEMENTS CAN APPEAR ON RNS REACH?
The type of announcements published by RNS here are:-
· Intention to Floats – on AIM (main market is Regulatory)
· Launch of new website/product/services
· New production/distribution/retail agreements
· New contracts/orders/ventures
· Financial results/accounts (for non-listed companies)
· Management appointments
· Financing/investment arrangements
· Company presentations/events
- Equity research reports
I believe Sentinel sold for £260M after just 8 holes of sulphide discovery. ARCM have recently announced the discovery of 'massive sulphides' at Muswema.
Now these may be 2 very different cases so DYOR but we could potentially have a very interesting start to the 2020 drilling season.
I use the Share Talk app for RNS notifications.
Hopefully BOU alerts will continue.
News needed here.
AGM 20th May I think and I believe at least 1 interview with a respected party is arranged for around this time. I just hope it goes ahead, and that promised news is delivered beforehand.
Polinvest thanks for your summary. I've pasted below because I think it's a itself reminder.
What can we expect before the AGM?
EXPECTED UPCOMING NEWSFLOW
From February 2020:
CAMEROON
Bibemi:
- Initial 1,500m diamond drill programme to test anomalism down dip
Wapouzé:
- Orientation trenching over key soil anomalies
New Licences:
- Granting of licences
- Regional stream sediment sampling
SENEGAL
- IAMGOLD-funded exploration - ongoing
- Results from ongoing Year 2 AC/RC drilling programme at Madina Bafé and Saroudia prospects – H1-2020
- Commencement of year 3 exploration programme
Investments
- Continue to realise value across the portfolio