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Intriguing headline too.....

Tapping into southern Africa's copper belts

Is a shares reboot on the horizon for Arc Minerals?

Thanks Seis - it is indeed. But as my posting enquiry....is anyone able to access the article and repost as I don't subscribe to said journal and it's behind a paywall...

There is a story on above title but bulk behind a paywall if anyone more tech savvy can access? The intro suggests a positive tone and 'better times ahead'....😉

Hi Craig - are you still invested here?

The news piece TNR has just reappeared via Google's algorithms but was actually published last Oct. Chill - it's a lovely day, here and in Zambia 😉

I do not believe for one minute that any of Exxon, Sinochem or Anglo are being forced into quick and cheap deals. More that Sinochem can and does do big deals as comfortbaly as Exxon or Anglo. An agreement to fund Woodsmith and a chunky copper discovery in Zambia along with an update on coking coal sale in Oz and divestment plans for Amplats and De Beers could mightily give Anglo a year's grace - aka independence - perhaps until sealing the deals.

Any thoughts anyone on this? Strikes me as odd given AA is in defensive mode to fend off a potential second bid from BHP or a.n.other that it should issue a release saying more more research is in the offing and very chunky research at that with Sinochem, the world's biggest chemical company. Anyone else think with November approaching fast, Anglo is preparing its defence at double quick time and an agreement to fund Woodsmith through a JV would take an awful lot of pressure off what is arguably Anglo's most consistent source of sceptism....

Just checking Sinochem again and I see Fortune magazine had them as the world's largest chemical company two years ago in its annual Fortune 500 ranking and 38th biggest company in the world....sales in '23 of $140bn....a chunky company and as owned by the Chinese govt, sort of qualifies as a sovereign fund....-:)

Thanks - thought that might be what you were intimating. Just one query though, not sure the MOU actually adds any value to Woodsmith in itself because it adds up to nought if not built but....as I said, I really doubt Anglo would be so naive to issue such an RNS unless there was - significantly - more to it....perhaps the JV partner will be Chinese...Sinochem is certainly active in its own investment portfolio, just offloading a 40% stake in an EXXON JV in the States for $2bn.... about half what AA will be trying to achieve for a similar stake in Woodsmith.....:-). An MOU for a fully funded Woodsmith and a significant copper discovery in Zambia would go an awful long way towards encouraging AA shareholders to stick with it and reject BHP's short term offer. He said...

Hi there - as someone who came across Arc via an earlier holding in Sirius, I'd be interested to hear what you mean by the relevance please? I certainly was encouraged to read AA's news as it suggests to me they're much further down the line in terms of securing a JV partner for Woodsmith than we had perhaps anticpated? It wouldn't seem sensible to be announcing such tie-ups in the midst of so much market negativity about Woodsmith unless there was/is something chunky in the offing....and if so, AA getting its ducks in a row...prpgress on Woodsmith....Zambia....is that what you mean?

Please enlighten me!

Thanks

PB

Thank you

Message deleted Fulmar?

What do you mean please Fulmar? Is that depth encouraging or discouraging? I thought the Kalahari sands were hitherto a barrier so I assumed such depth was required?

Apologies Fulmar - just seen that you highlighted the same sentiment! Southern Africa - excl SA itself - means Botswana and Zambia for Anglo. Botswana will be divested in the next year or so leaving.....Zambia....and its exploration/investment with Arc..

Liked this bit from Wanblad's statement.

Our proven and differentiated capabilities within Anglo American, our global relationship networks and our longstanding reputation as a responsible mining company will help us unlock numerous of these and other opportunities in the jurisdictions where our experience and track record are most valuable and most valued, namely in South America and Southern Africa.

If Anglo is to/can survive as an independent, observers say it will need to tidy up its portfolio pdq.

Three significant developments could well occur and take place much faster than anticipated because of timing now: two of these are well publicised the third less so.

Spinning off/selling de Beers

Accelerating Woodsmith's JV investment being led by RBC and....

Driving/announcing/flagging up one or two significant copper deposits in Zambia.

The first two could each comfortably add $3-5bn to Anglo's mkt cap and a prospective tier one or a couple of meaningful tier 2 deposits in Zambia could add a not dissimilar figure as well...

Citibank believe Anglo's current copper assets are alone worth £30 a share, c£5 a share more than BHP's total offer.

Add in the above three plus other developments Anglo can accelerate we could have Anglo back to c£40 plus a share in value. And those Zambian assets.....NvS must be purring this w/e.

Thank you

Can you repost the link please?

Thanks

PB

Simply noting the Tingo relisting for those interested. Was never interested myself. I bought in when I learnt a good lever from Anglo had accumulated all of AA's former prospecting licence targets and this arrangement suits Anglo for its return to Zambia.

O'Leary has done an extraordinary job, no question. Europe's largest airline and still growing. He is also dismissive of Wizz and to be fair, he is of most others! But...credit where it's due. Covid hit everyone and then when things were recovering along came Ukraine and Wizz was hammered, much harder than Ryanair. And its former FD made the wrong call on fuel hedging (he didn't) but now rectified. Then the Israel conflict - just to remind folk, Wizz was the biggest LCC at Tel Aviv by a long way - and then the Pratt & Whitney issue. All these challenges - and more - Wizz has not only coped with but is also resolving and with c300 of Airbus' finest on order, not a Boeing to be seen Mr O'Leary, there will no doubt be other future challenges but the Wizz board seems to be as extraordinary as O'Leary is and Wizz is resilient and commercially as astute I suggest. Plaudits not constant brickbats are long overdue. A hiccup for O'Leary with delayed Boeing orders is hurting the share price - imagine if they'd had to deal with a much bigger base in Ukraine, and in Tel Aviv, and engine issues affecting 20% of their fleet - not just 17 delayed planes out of 57 expected this year...Good luck to the board and future passengers and I look forward to rates of growth continuing to dwarf those of Ryanair over the next five years.

Ryanair is capitalised at c£20bn. Wizz could and should get to passenger numbers not dissimilar by 2030. The future path will be rocky but I can see the CEO achieving his £100m when the shares hit £100 and good luck to him if/when it happens. By christ they will have earnt it.