Member Info for peggycilla911

Does anybody know when the placing shares will be gone?
I cant believe that drilling hasn't started, its a long time since the wet season, surely you would need to get on with the drilling quickly.
i wonder if no news is good news, i have never known news to do much here.

Its great that copper prices are up, sadly we need the news here to confirm that we have lots of it, i nearly bought some more this morning but am holding out for a lower price, i think it is looking likely.
Its great that we are funded for a year well great news if you are on the board of directors and securing your salary.
Were is the news (shortly) there is no issue with placing news.
The next thing people will be saying is" this time next year" it will multibag, a major will take us out, the way this is going the only thing to be taken out is PIs investments.

Thanks for the reply, it would be good to know if they have gone, maybe we will see news when that happens.

Hi blue, how do you know they have flushed through placing shares? Thanks

Does anybody know if we will get a RNS to state that drilling has started, surely by now it would have started.
The last RNS stated that we would hear about some new developments shortly (15th May)
This one was from the 9th April - Separately, we have completed a major cost reduction exercise across the board at Arc to ensure we are in the best possible financial shape going forward as we all adapt to the Covid-19 crisis. A separate update on this - as well as the work we are completing on the Kalaba Commercial Scale Demonstration plant and drilling programme - will be published shortly."
I wonder what shortly means to NVS.

Thats the RNS i would like to see..

Would it no have been better to grant the options at a higher price given that we were at 3p not that long ago?
Is this something that was agreed a while ago and has now come into play?

Would the drilling not have already started?
You would think the drillers would have been keen to get on with it and get the share price moving so they can sell there shares, although I think they sell when cash is required.
The last RNS did say news shortly on a couple of fronts cost saving being one of them, shortly from ARCM could mean anything, the way it's going here there could be another placing before we get some news to get things moving.

Oh and buys sorry

I have heard a whisper that MMs like to get a load of sells in and then drop the price!

Surely if you hold shares in CGH and they hold shares in CGO then the shares must be worth something?
Although i dont trust this lot i cant see how there is no value here.

I got a share certificate via First Direct when the company de-listed, not sure how i would get on with that one.
Thanks to all for trying to work out what if anything we might get back, i cant understand it although i dont really trust any of them, i will go with my glass half empty on this one and hope it fills up when the re admission take place.

What do you think Westie, you have been here a while, nice one about the shoes lol..

There is a long way to go until things get moving here, lots of shares to churn and based on today thats going to take a long time, there is going to need to be some pretty decent news to get anybody remotely interested other than the normal punters.
There is every chance it could slip to 1.5 who would have thought we would be here today, its not that long ago we were steady at around 3p, also one bit of bad news and who knows what would happen, its not like we have other assets to fall back on. Maybe the board should average down or if they cant buy why not tell us. IMO its becoming a long shot this company.

What a mess this has become, I thought given what we have here we would be in double figures by now, the board could send out a positive message, that might help, surely they think it should be higher, updates are ok but only telling us what we already know, feels like I have been here years, oh I have, come on somebody get it sorted..

Lets hope that this news isn't the "New Developments" as per the RNS
Nearly 1 Billion shares in issue shortly, i think it will be difficult to see a big move in the SP regardless of any news, however if we are taken out then yes i can see a big return.
Mumena Mushinge is a wealthy man regardless of taking 10 million shares, yes it is a good business deal for him and possibly for ARCM, but not necessarily for PIs.

Fulmar, highly unlikely lol, they have enough support from quite a few here, Jam tomorrow brigade..

I do hope everybody is right and we move forward significantly, however there has been no news (since i have been here) that has made this happen so far.
Any news has seen it go backwards, i cant see what the new developments may be given that we now only have one asset, surely we know what is going on, drilling, plant, higher grades, what new there?
I have heard all this before and we will hopefully see, roll on 4p if it ever happens because i for one will be out.

Its disappointing to say the least, its just another AIM company, little interest in the PIs, what happened to the great news "Shortly"
It kept us all interested and made sure we kept hold of our shares through a difficult time, and ultimately shafted.
Unless we get some great news i cant see this going anywhere any time soon other than down.

Tomorrow it is then..lol