Member Info for orangecannon

I thought it was a good interview.
It did not tell us anything we did not know, except that Kav have assembled a sh*t hot exploration team, who have a whole range of targets to go at. I thought John came across as a really experienced explortion manager who is a real asset to Kav, and has already been making big differences on the ground. I am happy he is here, and I think Kav is all the better for him being there.

I thought he ducked the question on what the current drilling whole may be really well :-)

It sounds like we the plan is to keep drilling this year.

Anyone know how much funding we have for that....?

I'm in JLP, which got me into XTR
I'm also in AFP, which is just starting its journey.

I doubt it

The interview is from the sunday roast guys - part of their 12 stocks for christmas series

There is no link between an RNS and an interview.
The new interview will (probably/definitely) not include price sensitive information.
However, there always seem to be some gems in CB interviews :-)

And before anyone claims Ella is linking to a fictitious document, replace the %2520 with a space.
The space has been URL encoded twice

I know Ella only posts bad news here. They obviously are not looking for good news in arcm, but I hate to say it, she keeps asking a lot of pertinent questions.

First samples already with labs?

Probably A1, (I think 30k away from these holes, but contained "really ****ed up rocks". Those were being shown to majors, we think, then assay.

Very little from first b hole, but the tdem was obviously really interesting

Anyone got any idea about the flurry of activity and sells as the market closed?

I'm watching and I'll add more if it keeps going down

Its so he can focus on AFP
oh
and XTR.....

Etf, not etc!

Is there a physical rhodium etc.
I found something that I monitor for the rhodium price, (along with platinum and palladium) but I have no idea of you can buy it in the UK....

I noticed the X2 targets as well.

The IP image on the webinar, (with the hot red anomolies) had one to the SW, ( Ascot) but also one to the SE.
Could that be a third?

I think you right - it was not the best.
Some really good diagrams, but it was impossible to work out the increase in the pit size on bushranger.
It would also be useful to have a image on where they think Ascot may run to, and where other porphyries could be.

So we have had a nice uplift, but it paused on Friday.
I suspect we will be back to the saw tooth pattern - up on some news, slow drift off, up again , and repeat
The potential of ascot is huge, (ie racecourse again) plus the SW anomaly, plus footrot etc.

At some point it may click with the market, but thats probably dependent on the resource model, ( post assays from drill 2 all being received, Q1/2 2022)? Up to 10p pending a potential sale price of 15-20?

I think drill program 3 will be needed for the market to take notice / price in ascot as well, and that is probably going to be Q2/Q3+ 2022 - The pause for planning and to get cash in from the african gold royalties.

ie I think we are in for rises, but we have some time yet before we get a deal - I think Colin will want to know how many / how big our porphyries are.

thoughts?

Re some forecasts, from portfolioMatters utube weekly reviews (obviously can be wrong), the chip shortage is starting to ease, and car sales starting to pick up.
In the EU etc, EVs are up to 25% of sales, but elsewhere ICE still rules supreme :-)

Hopefully PGM demand will start to pick up again, but there will be stockpiles to get through....

damp squib!
So 5.2% of the shares will have been taken up, (by those that just hit 'buy' automatically.
So the rest of the issue will not be taken up.
- Do these rights issues get underwritten, ie the broker responsible has to pick up the slack and buy the shares?
- if not do they try again in 6 months time? or just use a ii for the placement?

The only downside if the drop in the SP.

So illiquid, that any sale results in a 5% drop

I bought too early!

So lots

And if JPL can sort out a cobalt tailings extraction process, then there will be lots of opportunities, you would assume

According to my extensive research via wikipedia, Zaire (pre DRC) was the the worlds largest cobalt producer. It was the 5th largest producer of copper. So there would have been tailings, but I guess there will be a fallow period b/w 1998 - 2010??

Currently DRC is 4th, Zambia 8th.