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I saw this drop this morning and was so close to buying some more kept doing dummy buys but couldn’t bring myself to press accept deal. But happy with my buy in price 1.75 before suspension. Only way is up hopefully. If and when finance is sorted this should easily go back to 7-10p range.
Our market cap is lower than the actual revenue (not profit) generated last few years so this will rise a lot from here to at least 3-5p range. My own opinions. Do your own research as always.
Welldone everyone for holding all through yellows panic creating tactics. Sold out yesterday as knew it would rank. Taken profit but will reinvest once price is stable. But for now waiting on my AEG and EQT to do a similar to PHE :)!!
It’s very common what happened yesterday with the price jump. Happened over at HZM too just before close and we got so happy some news was round the corner. News will come. What’s another week or two. We’re so close now to reap the rewards so please hold on tight. It’s easier than said that done. Good luck.
Updo it can’t be as the market cap is nowhere near what the deal is worth. Maybe slightly but not wholly. Either way the positive to take away is we Will have enough money to get on with beutong. Not just that we’re providing services to ptwin for a year or so and Im under the impression they will be paying our team so no expenditure on our side. It’s a win win situation either way.
I reckon with current copper bull I do believe with full takeover it’s probably more likely between 20-25p if that’s inc beutong. But what do I know lol I just hope we get this long waited news in the morning!! By the sounds of it the markets will be a blood bath!!
This share won’t be as low as this next year. Another cheeky top up on Monday pay day :). I wouldn’t worry too much with it being 7% of your portfolio. Eveytime I feel edgy or abit nervous I go back to the company presentation and then I’m reassured. Rest assured we will go into production with our joint venture. Be it next year. Year after or the year after. Put it into the bottom draw come back to review 2/3 years.
You do realise the costs are based on when production first commenced and since copper has almost doubled. So there u go. Figure out the rest.
I’m gutted too. I took a small position at 13.20p and was hoping to top up further after releasing some funds from Asiamet but news has been delayed for for more than a month there and I’ve missed the boat here. Maybe will top up if drops to 14p range.
Speaking off take overs, I sometimes do wonder if Bushveld minerals will have something to do with take over or further funding. 4p is cheap for a company with so much resource. The main reason for my investment is lithium. That’s where the money is I reckon.
I really hope we get some news re next stage funding but I’m not getting impatient as of yet. Have to think they have just achieved their processing target in December. Now the next plan is for by product- tantalum. Then Onto the next stage and so forth. One step at a time. I’m sure there’s a lot going on behind the scenes and it smells positive. I have a good gut feeling about this company. Same feeling as asiamet when I first invested earlier this year. Here’s hoping.
Peckingduck it baffles me also. I’ve done so much reading and research and don’t understand why the current sp is where it is. Some explorers are higher without generating a penny as to speak. At current processing we’re making 8-9million annually give or take. Well I’m in the hope trading news will be announced come February next year going off previous years maybe we will get some recognition.
As always buy and wait before the herd arrives ;)
Good luck
I do believe in arcm and I do believe we’re sitting on a lot of copper. A lot. But on this board at the moment there’s a lot of speculation which is good but can sometimes make you see one sided. There’s still a risk albeit small. But I think the job roles advertised by AAL have been overly linked to arcm and come across a little ‘rampy’ so I had to put in abit of pause for us to view all dynamics. Good luck to us all and goodnight.
Rahee
Hi Rich thank you. I hear what you are saying. if that’s the case then there’s more reasons to believe that these job adverts could very well be for their own renewed licences can’t they? Its something to consider and ponder over isn’t it. There’s nothing to link the new jobs to arcms licences or theirs for that matter. It’s all speculation by board members and linking them to arcm.
Rahee
I am not spreading doom and gloom. It’s all good seeing one sided. Yes we want Anglo to be involved but i believe in a balanced risk and argument. It’s my opinion. Some people are blinded by one way thought. Get a grip comparing anyone with a different view to likes of China or whatever. Have you know been invested here for longer than most on here. So please keep your insults to yourself. That’s one reason I don’t post on these forums. Impossible to have any sort of balanced debate.
On page 69. https://www.angloamerican.com/~/media/Files/A/Anglo-American-Group/PLC/media/presentations/2019pres/interim-results-2019-presentation.pdf
Any comments welcome on this topic.
I’m invested so not beij negative.
We do know Anglo are in the process of gaining a licence of their own next to arcms so very well Can be for the their own part of the land. Not necessarily anything to do with arcm. Just a thought.
Hi everyone been watching this for awhile now. First invested at 2.14 but Sold as needed the funds due to personal circs. Been watching for a while now trying to see if it’ll go below 2.34 for buys but hasn’t so braved it and brought in again today. Hopefully up from here but if it drops will average down.
Rahee
Hmm can’t help but get wild thoughts. What if... the delay is because we’re getting fully sold as in a full on takeover!! It did mention in previous RNS there’s an option to buy full or part of ARS at any time!!
But heyho the waiting game is playing weird games lol
Come’n!!! News hopefully by end of week.