Member Info for SeisNav

"why is noone here on this bb addressing my point? "

maybe it's because you're a ****?

There's another 5 million delayed trade... they might be out today at this rate!

I managed to get my third troll banned this week... small victories! It can be done if everyone reports them.

I think it's time genuine holders started reporting all of these lies again, thin them out a bit at least!

That goading doesn't bother me (I don't see it anyway!), I've spent plenty of time researching the potential of these assets and I firmly believe the potential here is massive. They know it too, that's why they have been all over this company for many months. If I'm right then I'm looking at a 7 figure reward quite easily. If I'm wrong... well I learned a lesson! Either way I won't be looking to congratulate or blame anyone else but myself.

I've had all those "bears", ie traders and trolls filtered for many months. They don't believe the rubbish they come out with any more than I do. Pointless wading through that to find the occasional relevant post!

Stopthebs, I think you need to get a grip of yourself! Nothing fundamentally has changed with the assets. Arc can't control the forced selling by the Swedish pension company.

From the last annual report it looks like "former directors and consultants". There were 9 million options at 2.11p average. Can they be forward sold into the market I wonder? Not something I know much about but it would explain the recent seller.

Come off it frog, thats clearly Bushytailed. He even missspells my username the same because he thinks it will wind me up! 😂 Reported of course.

“We think the potential for discovery is great. There is a lot more to be found in Zambia,” Josh Goldman, president of KoBold Metals. I certainly hope so! 😁

https://www.cnbc.com/2024/03/06/bill-gates-backed-startup-confident-it-can-unearth-more-battery-metals.html

Sorry, that should have read: each additional Thutse sized module should add about US$5.4 million in earnings / quarter!

Thanks for double checking my numbers Mikie. Basically you could say that each additional Thutse sized module should add about US$5.4 million in earnings (assuming costs and revenue remain constant). One other thing is, the first Thutse module has a monthly throughput capacity of 30,000 tonnes of ROM I believe:

"Jubilee expands its operational chrome footprint by a further 360 000 tonnes per annum processing capacity targeting an additional 200 000 tonnes chrome concentrate and 10 000 oz PGM feed to Inyoni, through a new partnership agreement."

So the two additional modules which are 50,000 tonnes/month processing capacity each would be more than 3 times the first Thutse module in capacity. So I would say somewhere in the region of US$50 million / year from chrome alone is very achievable is chrome price remains strong.

They had already agreed a valuation and were in the final stages of the deal when a historical tax issue for the current owners ERG came up. We haven’t heard anything more since then, which was many months ago. When they agreed the deal, cobalt prices were very strong but have since collapsed so I would hazard a guess that they want to renegotiate terms if indeed they are planning to buy it.

Alby Tross was an account that posted lies about Arc for many months on twitter. It’s connected to the likes of Ella10 and analytical on these boards who were ramping all of Colin Birds companies at various times. Recently Ella / Alby seem to have turned positive on Arc so my guess is Colin Bird has bought in to the company (I’d be amazed if he hadn’t).

From my limited knowledge of geology I believe tourmaline can be an indicator of other minerals including copper. The place he’s referring to is near the Muswema target which is one of Arc’s other major targets. I’m not sure if it adds anything that we didn’t already know to be honest! Maybe if there are any geologists reading they might have something to say on that?

Jonah, ruthenium and iridium also account for about 10% of Jubilee’s basket too at these depressed prices. Both will be important for the hydrogen economy if it is to gain traction. Until recently iridium was necessary for PEM electrolysis and because there is so little of it available it would make scale up unrealistically expensive. Recently a breakthrough was announced that ruthenium / iridium alloys can now do the same thing, bringing the cost down considerably.

I think it’s inevitable that we will eventually see a rise in the PGM basket because so many ounces being produced at a loss is clearly unsustainable. I wonder if Jubilee are planning to stockpile some excess material with the knowledge that they will probably be able to sell at a higher margin at some point? I know in the IC they did talk about potentially activating the JV with Northam again.

Https://www.miningweekly.com/article/platinum-remains-in-fundamental-deficit-northam-2024-03-01

Worth a watch.

I’ve got you filtered by the way BT, just in case you’re aiming your bile at me… not interested.

You know Bushy doesn’t believe what he says any more than anyone else does. He spends more time here than anyone else and its not because he thinks the company is a failure, thats for sure 😂

South African chrome ore 40-42% concentrate price is US$290-295(bulk) this week, edging higher again from US$285-290 last week.

Comparing the data source I'm using against the average for H1FY23: I calculated an average of US$287 (using the lower end of the range) and the actual average achieved was US$290, so very close to what I expected.

One of the few positives out of that situation is that the drilling season is likely to start again earlier than normal. Indeed from what I’ve heard Anglo have continued drilling intermittently since they started.