Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Next presentation they should get the slide deck up and running covering both ZCP and KCB as most won't appreciate the strategic proximity of our various land packages to existing Tier 1 operations I'm the region.
Other than that the scale of the opportunity is truely enormous.
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As someone in the media commented yesterday
"With sugar daddy style funding from a major, and enjoying the benefits of a resurgence in copper, ARCM has everything apart from a soaring share price – so far."
Exactly right. Not many opportunities to get in at ground floor level with a $85m funding package secured for 9 out of the top 10 prospective Tier 1 copper Targets in the region.
SP tagged 15.49 earlier...
DM & co probably eyeing up his next Helium project.
IPO in 2025 on the canadian TSX market ... lol.
I see that yet another post that highlighted the recent multi billion acquisition of our neighbours land by the Chinese has been removed?
Some desperate actions by some on here as they know what's coming.
Same as what happened with Kodal Minerals every time anyone ever suggested a massive bid by the Chinese was incoming - post removed :-)
Didn't stop KOD from 20 x bagging and it had already 10 x bagged before the deal was done.
An offer for our land at Eye watering multiples is clearly on the cards.
Some won't like that.. hmm wonder why... lol.
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" I reckon he (DM) will be looking at tempting a wall of cash to come over to Hex from He1 once he1 have announced all they have."
@mischief
DM knows how to play these things.
He can't control the geology, but he has a good idea of market psychology from what I've seen.
From memory he was involved with an ASX listed company that 10 x bagged 'Province Resources Ltd'
Since 10 x bagging, the SP of Province collapsed back down and they have been suspended for over a year.
He left before the collapse and joined He1.
That also 10 x bagged.... then DM left before the dramatic collapse....
He has now reappeared at HeX.
I'm kinda thinking along the same lines as Tro.
Can't really pin any of those former companies SP collapses on DM as he left prior to it happening.
Looking at it, those that are in early and enjoy the run up in the early days have all done well.
I reckon he will be looking at tempting a wall of cash to come over to Hex from He1 once he1 have announce all the have.
Been trying to find some info on who is behind these Purebond guys.
Maybe @LW has some info?
They have put money into KAV, GMET and the recent capital raise at KAT (according to Charles Archer)
How much cash are these guys sat on?
Who are they?
They certainly haven't been shy in opening their Wallet at KAV!!
Lets keep an eye out to see where they pop up next as there track record so far looks good.
They obviously have plenty of cash to splash on small caps.
Can any of you guys find out further info re Purebond?
Dai,
They will have simply emailed admin and asked admin to remove all their historic posts. Probably because most are defamatory in some way.
Some even deactivate their account and then bring it back when they want.
There is always one or two on every bb
I suspect they are failed investors who got badly wiped out on something and now just troll various bb's like some kind of broken individual that lacks the mental capacity to move on from their trauma
I see some engaging and winding them up, but its obvious these are damaged individuals -))
@Jarv55
It's a good point re our KCB licences.
The AA JV naturally has been getting most of the attention of both shareholders
(and non shareholders) :-))))
But, as was mentioned on the call today
MMG Who have recently bought out our neighbours for a multi billion transaction and they are looking to significantly increase their mine throughput
"Our licences could be the solution" was I believe the phase used and they seem pretty confident.
I wouldn't be surprised if MMG don't already have our KCB assets firmly in focus as another take over target.
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Link to presentation
https://youtu.be/pbJRTFHgtw8?feature=shared
Nice Top up opportunity today.
Will continue to scale in over the weeks ahead until I get to my Target position size.
Then, time to relax and enjoy the results coming in and multibagging this well into double digits.
GLA
@Valueseeker
Shard Capital Partners LLP were the Placing Agent for the recent raise.. - see the placing RNS
Probably Iexplains why we suddenly had an influx of posters who were fan girls of the former broker
Venting their spleen about NVS.
All nonsense really as the JV has 3 Directors from Anglo American alongside NVS so I'm sure they know what they are doing with their $85m!!!
@Torino
$ 85M Anglo American JV with ARC Minerals now under way as update over there and presentation later today at 12 noon
It's all about to get busy for all the operators in the region now as rainy season is over and drilling commences
Should be a very exciting period for all TYM and ARCM holders over the coming weeks ahead.
GLA
Investor Meet Company Call 12:00 BST
TODAY Thursday, 2 May 2024
Investors can sign up to Investor Meet Company for free and add to meet Arc Minerals Ltd via:
https://www.investormeetcompany.com/arc-minerals-limited/registerInvestors
Great news!
Anglo American now underway with $85m JV spend in Zambia and also work under way to then also comence drilling in the Kalahari Copper belt.
Worth a reminder for folks just checking in.....
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Investor Call via Investor Meet Company
The call is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9:00 BST on 1st May 2024 or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet Arc Minerals Ltd via:
https://www.investormeetcompany.com/arc-minerals-limited/registerInvestors
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Update on Drill program about to kick off.
Published investment analyst target $1.89 Billion valuation target is really just focused on the Anglo American JV and highlighting the potential mid-
case outcome for ARCM of $1.89m at ZCP.
Clearly it could be much higher given that out of the top 30 ranked targets in the region (which include the 3 existing multi-billion dollar Tier 1 copper deposits owned by global majors that neighbour our licence area.
ARCM owns not 1 BUT 9... YES 9 of the Top 10 ranked district scale Copper targets in the whole region with the other 3 existing multi billion dollar copper deposit discoveries ranked much lower down the target list than ARCM's land package.
No reason.why the investment analyst target of $1.89billion may not be seriously upgraded by a multipler of 3 or 4 x times..
With all the talk of the AA JV, no one has really been focused on our licences in the Kalahari Copper belt (KCB) where our two licence areas are next door to Khoemacau copper mine that has in the past couple of months been acquired by the Chinese company MMG.
https://www.mmg.com/media-release/mmg-to-acquire-khoemacau-copper-mine/
I wouldn't be surprised if they don't already have our KCB assets firmly in focus as another potential take over target.
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There is the potential for multiple Tier 1 projects to be proven in the ZCP with deep pocketed AA committed to spending $85m to proove these multi billion targets up.
In addition, our KCB neighbours have recently been acquired for a multi billion transaction.
At just £25m market cap and AA happy to throw $85m at discovery drilling and they have the deep pockets to build any discovery fully out. This has multibagger written all over it.
From these levels the prospects of a dozen or so inflection points gapping up the SP aggressively over the next few weeks & months ahead is probably akin to nothing else seen in the small cap space since SOLG and GGP went on their mult-month breakout rallies throughout their discovery phase.
It's a classic lasonde curve play with a massive free carry on the drilling from a global major.
Probably the biggest copper drill in the junior resource space since 2016.
I certainly won't be missing out on running a nice position from here.
GLA
BILL CONTI - GONNA FLY NOW!!!!!!
If you know, you know. :-)))
In addition to the US$311 million investment addressed by the current IPA, under the Complementary IPA, there is a commitment to invest a total of US $3.2 billion over the subsequent years in activities related to the Cascabel mining concession.
The Complementary IPA embodies the largest mining investment in Ecuadorian history, highlighting the scale and importance of the Project, SolGold's commitment, and the impact on the broader Ecuadorian mining sector.
SolGold's CEO and President of SolGold Ecuador, Scott Caldwell, commented:
"The Complementary Investment Protection Agreement not only reinforces the protections for our key investment in Ecuador but also symbolizes a deepening of our relationship with the Ecuadorian State. President Noboa's attendance and insightful speech at the PDAC convention were warmly welcomed by the mining community and underscores the significant support of his administration for responsible mining in Ecuador."
WSBN - some chunky trades there today and delayed from yesterday
KAT - Any volume coming in and it will move quickly.