Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
THR did well on the early Jan Uranium spot price spike.. so keeping an eye on them
Yeah, WCAT can be a spikey share.
Char... its been trying to put that floor in for a while.
Tro,
Got to say that shout for ECO a while ago looks to have played out well so far.
Technically sub 100m market cap they are a junior but have been much higher levels in the past.
Might be considered conservative by some given:
> Incoming copper boom.
> Tier 1 discovery targets.
> Present ultra low market cap entry vs potential multi- billion project target NPV
> Broker note calculating ZCP @ $1.89 billion potential valuation.
> Company fully cashed up
> BoD loaded up heavily.
> J V with a Global Major for free carry of $85m spend.
> Undenia> "The most significant small cap exploration drill program since the SOLG & GGP multibaggers."
It's simple really, if they announce a Tier 1 discovery system to market.
This will 20 x bag (or possibly more)
Normally, I'd suggest these things are binary, but in this case they have so many bites as the cherry over a huge Tier 1 district scale licence with a massive drill program that even the most stubbon of the naysayers fully admits that AA will go on to prove up a discovery or possibly multiple discoveries at the ZCP.
Opportunity to get in at ground level ahead of MARKET UPDATE TOMORROW re: drill programs.
GLA
Yet another 'Strong Buy' signal when you see the bad actors getting so triggered and spamming the forum ahead of news.
Jarv55 has very clearly got them rattled. :-)))
I remember seeing this pattern of behaviour on Kodal Minerals when it was down at 0.004.
The amount of defamation that these jokers posted on repeat so that they could load up on the cheap ahead of news was incredible.
The SP then almost immediately doubled in the space of a few sessions and they obviously still wanted to buy more as it was such a clear multibagger situation (same as here) they threw everything at it.
The share then more than doubled in a single day and went ro to 20 z bag.
The offer was always going to be made for their assets at eye watering multiples.
Same situation here IMHO.
You don't get a major doing all that Due diligence on ARCM copper licences and agree to spend $85m+ (well over 3 x times our present market cap) to price up a Tier 1 asset if they don't believe they will go on to do so.
GBP went on a nice rip today
TRP tomorrow?
Both getting excited about their Namibian assets with the recent move by Chevron.
AJ Bell's Russ mould on being in the RIGHT sector
https://www.youtube.com/watch?v=XgQrFl8nnI0
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Plenty of room for Lloyds to catch up to peers.
BARC up 60%
LLOY up 29% over same period.
Significant headroom for LLOY SP appreciation for those seeking value and rotating in here for the run up to 75p+
SJ did very well to become filtered within the first half a dozen posts.
Must be a new record :-))
Aren't you supposed to warm us up a bit first?
Attempt to win trust and demonstrate a basic understanding of the share?
Just went with the 'leaping straight into nonsense'
New tactic.......that failed quickly though..
Oh well... try better with your next account hey..
:-))))
Not surprised the analysts are calculating project NPV into the Multi-Billion region
Noticed a few speculating this evening about the potential for ARCM to be bought out by ********* for eye popping multiples
And the thread has been removed... this late at night?
Not seen that before.
Its usually just folk settling scores after one too many beers and throwing insults at one another.
Missed what Jarv55 had posted as the whole thread got removed for whatever reason?
... hmm.
Ruffling some feathers?
Today 12:31
Ruffles
@ruffles80
🚨A successful meeting between Anglo & #ARCM concluded👍
Anglo delighted 🇿🇲
ReplyRecommend (21)
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Been out enjoying the lovely afternoon sun with the mrs while the saddest man oh AIM has been hanging on every word... lol.. :-))))
🔥 🔥 🔥
Imagine the opening gap up in SP here if an early offer came in and AA wanted full control..
Imagine if a offer was tabled from a third party, BHP for example. Or another Major wanting in on the Tier 1 ground.
Given the amount of cash AA are happy to commit to drilling.
They obviously see it as having Multi-Billon dollar potential or they wouldn't have spent all the time and due diligence on the project and signed binding terms on a JV that sees their total cash commitment to the project of $88.5M.
Could be one of the biggest opening gap ups in share price in small cap history.
Good reminder from the RNS
Update on Drilling program about to comence
https://www.investormeetcompany.com/arc-minerals-limited/registerInvestors
Details incoming on Thursday's webinair
A few on here know that the 🔥 BBQ 🔥 is coming
And appear to be getting hot under the collar already. :-)))
All this talk of food is making me hungry.
Bank Holiday weekend BBQ is definitely on the cards
Agree on the wave theory also.
Plenty of levels for this to move through on the way back up at each of the technical levels on the chart.
@TaD
Agreed
Multiple value add inflection points ahead now.
I have no emotional attachment to any share, just observe the technical levels, future news flow, fundamentals, whether a company is now cashed up or not. Director buys, underlying commodity price movements etc.
More than enough cash is now held for ARCM to make some further acquisitions and get boots on the ground out into the field.
With the parallel program of exploration all being free carried for a multi mullion drill program in Tier 1 territory.
Update on plans on Thursday allows them to get the coverage out there for the wider market to review over the bank holiday weekend ahead.
From these levels where the market cap is presently less than the phase 1 spend commitment from AA... its a compelling opportunity.
The SP has now crossed above the 10 DMA
Something technical traders will use to see a bottom being put in on the SP.
Price also crossed the 20 DMA yesterday
Another bullish indicator.
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Traders would also use these technical indicators to close any short position and open long positions.
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News incoming on Thursday
Good to see so many new folk checking in alongside myself
Good reminder that news is due this Thursday
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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.
Reminder of the Analylist take
Valuing exploration success:
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Based on our two examples – we are not aware of any other AIM listed explorers with
comparable recent success – we conservatively suggest that a maiden resource for the
ZCP could generate a 10x uplift in the value of ZCP.
Reporting of updated resource) we anticipate an updated resource and suggest that the uplift in value may reach 15x.
15 x times present share price.
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Some Conservative SP targets in the region of:
10 x to 15 x for ARCM.from the city analysts