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Ella represents the dark side of any stock (A useful service if taken in context and balance). Yes I checked the other stock posts (KAV/GLR) and the critical quizzical style is currently fairly consistent. No doubt Arcm's success in Zam grates for some reason with Ella and Arc has a special place on that dark side.
Many thanks for your help with that.
The package is now marked a Restricted bidding area. It was not a bidding area with the ministry (at least not marked up on the cadastre), but it is now and I thought that was interesting. (Its been a month or so since I last checked in)
Status of this land package has changed. I recall it was either with Sunrise or outside scope. It is a land package with the ministry of mines and marked as bidding.
I thought that was quite a good sign. It is to the East of ZACO (North).
Has this already been mused upon - I expect it has.
Was there any scoop on this?
Cheers
They already own 42% - how much more skin do you want them to have in the game?
Next Steps
Tio to Dfs / Dfs - Updated to full fe v and Tio
Announce strategy to monetise our assets -
Mine build inclusive within royalty partner / offtake deal / jv
or sale of the project
What was the structure of the Avanco relationship to its partners?
JV based on cash for a % stake or JV on a money spend to production for a % stake
How would that play out for JAN?
Partner would need to firm up additional resource before committing its precious resources (T&M) to the project. It is too small at the moment with the MRE JAN has, isn't it?
So perhaps it is JV to expand the MRE, meet MRE target of say > 20mt then JV % increases to fund the project to production.
Else what are the BoD waiting for:
DFS for the Tio - A couple of months perhaps
Offtake agreements - You'd expect the ground work is laid for this
Financing - Debt funding via Plant Assets, some cash from Jan, A royalty perhaps, offtaker upfront
I know which way I prefer and I am sure BoD are 100% behind that route - unless of course they really don't fancy running and managing the day to day mining operations with all the technicalities, ESG and people issues that go with it.
Between and 1:30 and 3:30 perhaps.
Was just about to say that :-)
https://www.miningweekly.com/article/new-titanium-processing-plant-headed-for-s-africa-2021-03-05
DCAT,
Is this the info you are after?
https://www.proactiveinvestors.co.uk/companies/news/189339/ortac-resources-focused-on-gold-potential-in-drc-189339.html
Mining junior Ortac Resources Ltd (LON:OTC) expects to take 100% control of Casa Mining within a matter of weeks.
Already more than 87% owned by Ortac, Casa is exploring the Akyanga gold project in the Democratic Republic of Congo and recently announced it wants to expand the project to incorporate structures that run parallel to the prospect.
OoL - here is an article from when Casa was relevant. Ortac become Arc.
I know there are holders from Ortac days so there will be others here that could comment how they feel about something promoted as exciting is now just an asset to realise as cash at some future point.
Anyway I hope you find the article interesting.....2017 are halcyon days when compared to now.
Yet the case for copper in 2017 was more challenging than today with a price of $2.81 (average) compared to todays price of $4.50 (allowing for some settling in demand), so the intervening 5 years have been quite good for Zambia and Copper
I call 'house' on that last uncertainty bingo from Ell's bells.
A full house uncertainty.
Who would have thought that a junior explorer was not in full control of events?
How can they ever be in control of events? Did I ever expect certainty with this investment in arc?
If certainty is what you want look elsewhere.
HiHo Tonto away, the lone ranger will be along shortly to carry on the rabbit hole digging.
It is like ping pong with the topics and the immaterial posters.
Whilst everyone is waiting for the JV news - please do come along soon - it is inevitable to go over old news, find interesting angles.
If it wasn't for the spurious tag team we'd be just sat waiting patiently, at least with them on the scene investigating the things they like to investigate we get to take the proverbial out of them.
atb OoL
Looks to me like Golden Sq and Chun Can are working together on the sale process. Wouldn't like to speculate exactly how, but there are documents online, publicly available that show this.
Not sure how interesting it is. I think Chun Can are looking for investors to take missisi forward and Golden Sq want the optionality. Anyway Peter Maddocks is the contact if you want to ask him directly.
https://who.is/whois/chuncangroup.com
You will find this enlightening.
It is a super wicked web out there
Time for OoL to take a break, pass the baton.
Yes you appeared around the time things started getting unpleasant and have been adept at finding stories, amplifying the negative, expanding the uncertain. It's not been a great year, but I've been following arc for 3 years, followed every twist and turn.
Going back over the same points I see, immaterial as they are, what else can I say. Legal cases all settled, licences all secure - JV is in the offing.
The PDF was from 2019, its 2022, that's 3 years. Definitely more than 24 months.
There will be uncertainty around CASA until completion. There is no case for uncertainty around Zamsort content and the LELs.
You've been unerringly accurate in relation to the negative aspects but seem to have no inside track with regards the positive. I do wonder why.
OoL,
I have no concerns around your shareholding.
You may or may not have an ulterior motive I really don't know, how could I?
Why protest so much? - this is a relatively anonymous public forum where views from all posters are naturally taken with a pinch of salt.
You may not know how trashed this forum has been over the past year. With activists, trolls, related parties up to serious mischief.
You come along out of the blue sounding like a posh version of china blue, focusing on the immaterial, following up on Ella's pointers. (Sorry Ella you are top quality troll)
If you are a genuine chap and all this is some exercise in paranoia then just accept a handful of salt is being added when you posts. Move on, don't worry about, listen to the answers given acknowledge them. Carry on and accept the criticism maybe in time I and others will accept you are genuine. (but does that really matter?)
OoL,
More quotes for you to complain about -
"Sewing Machine. I love the way everything we seek to sell, or hand over in legal settlements is suddenly of NO value, NO interest to the company."
My use of quotes was to show what you directed back to me, I didn't imagine I need to type out the whole sentence.
So you'll appreciate we can all agree to differ and hold opinions of the poster based on what is written here. I think you know mine.
I just don't believe you. Too much of what you type seems contrived, repetitive, mis-directed, amplify the immaterial, on the coat tails of others...get the picture.
I really have answered your points already, to the best of my ability.
Do you have any other new points to make? I will in good faith give you my opinion.
OoL,
Hello - You are putting words in my mouth. Did I say (not capitalised) 'no value' or 'no interest'?
Do not place the foundation of an argument on a falsehood. I referenced materiality was low.
If you want to conduct yourself with a modicum of dignity you should retract your false remarks.
OoL,
Silence is deafening ..... hmmm
Anyway moving on from that nonsense.
Chance of offer for company is close to zero.
Re your points y'day.
$2m dollar of rusty old equipment sat in a field and the Casa drama. We couldn't sell that equipment for $2m, although the book value might be around that level.
I realise you want to amplify these topics by finding new ways to discuss them, but I can't help but think that the materiality of these topics is very low. I also realise investors sometimes fill the silence and discuss topics less relevant to the matters at hand.
The only matter at hand of any relevance at this stage of the companies existence is the JV with a major. Anything else really is just a bit of background noise.
Did either of these topics drive you to invest? No I didn't think so.
There has been regular updates re Casa, so there isn't 'silence is deafening' at all is there.
Again, like the Lone Ranger, you try too hard Tonto.
Ella,
May the lord have mercy on us. We are looking for Cu not digging up 3 year old PDFs.
Ctrl-H find and replace Zamsort with Handa et al
Cheers