Member Info for Shorn

lol
I just received an email from ARCM with the same Youtube recording and yes it's the last one.

Got blocked by the 100 limit and have just returned to the board.
Thanks F79 i can see why we are in the blue.
Does anybody know of a recording i just checked the website and it's not there yet...
ATB Shorn

@arryaccountant
Agreed - my thoughts exactly, metals recovery process leading on to processing and production for the longer term.
A good fit potentially for both companies, if the next 6 months testing works out.
Then add in the JLP diversification: jurisdiction, additional metal (Gold). This could prove to be a real winning bolt on to the current business plan.
I bet without explicitly saying it JLP will be as interested in the drill historic results across Caerus 14? locations as much as the testing of the various surface tailings sites...
IMO ATB Shorn

Agreed delays were in WA too, started later last year c/o Covid, then interrupted by Xmas, all being compounded by the amount of new drilling. Everybody is playing catch-up.
ATB Shorn

@Jonah58
Cut & Paste from the Caerus board from earlier today (thanks to Saint-Tropez)...
"...In the last Sunday Roast interview Martin suggested we were going to be establishing a portable leaching operation to process the copper waste material.
With Jubilee now getting involved, does Martin see Jubilee establishing a far larger scale processing facility than what was previously discussed, and what will this cost them?..."

Additionally i also read that Caerus would consider accelerated exploration / mining producing material for processing due to the cash flow that would come from any Jubilee JV'(s) - would this amount to the "something more" you mention ?
I also read that c+50% of historic mining opportunities are owned by Caerus on Cyprus.
Interesting interview with Martin C...
https://www.proactiveinvestors.co.uk/companies/news/948424/caerus-mineral-resources-team-up-with-jubilee-metals-for--potentially-transformational-deal--948424.html

Does this represent a potentially very large Jubes recovery AND mine processing facility in Cyprus with a JV partner with access to large tonnage over many years... - Thoughts ??
IMO ATB Shorn

JLP is proving to me why i bought in (2.9m).
Adding to what we already know we have and will have later in the year...
Geographical and material (Gold) diversification with an IP protected process...
What / where else has Leon and his team been looking at i wonder ?
Clearly they must have looked at multiple ventures.
Looking good, really really good.
I need a post from @Mikiesunday to bring me down to earth...
IMO ATB Shorn

@kullybahia
The only thing i have that relates to your question is in the following power point presentation (Jan 21) on pages 9, and 11.
http://s2.q4cdn.com/256050873/files/doc_presentations/2021/01/210125-Arc-Presentation-JAN-2021.pdf
Not sure if anybody has anything more recent, or more detailed.
ATB Shorn

@shutts
"Well, it's metal and the ground, they're all miners to me...."
And there in lies the problem, because if they were we might be enjoying the same SP to earnings ratio of early to mid-teens, and have very different share price...
IMO ATB Shorn

F79
Your view is spot on in my eyes, and assuming what you say pretty much transpires all is good for a forthcoming deal .
IMO ATB Shorn

@aprogerson
Thanks for your response.
"...I suspect copper producers/explorers will lead the way out of this over the next 6-18 months followed by silver and then gold ... but what do I know!?..."
I believe you are close to reality (and agree totally with your underlying reasoning), and whilst most (including me) look at the head lines for the SP uplift now, we also need to be patient as the actual implications of this cycle to fully roll out is going to take the sort of time scale you suggest.
It makes me think for example i transfer more into Copper (ARCM & others) now, and transfer back with profits into Gold (GGP or other Gold miners) later - if that makes sense.
I really do think that whilst this cycle (super?) has begun WE PI's are not going to see the real "+££" baggers we deserve for a little while yet.
Clearly implications / rewards for potential the ARCM <-> AAL deal are what they are, and i for one fully expect this to pull through, this message exchange is simply about explaining driving factors making it happen and at a price reflective of the near term economic horizon...
IMO ATB Shorn

Throwing this out there, as i am invested on a number of Copper (ARCM, XTR, JLP) & a gold (GGP) stocks and am interested in fellow investor views (some of you of which are on those boards)...
->We know there is a growing demand for Copper and a current & future under supply (historic lack of mine development), and an interruption in the scrap Copper market as a result of the last 12 months.
->We know EV's, new builds USA, general rebound post Covid (for some) is economically happening & being planned (Biden)
->We know across many stocks on the AIM there are no brainer opportunities to access returns as a result of this "perfect storm" - probably one you will not see for another 2-3 decades
HOWEVER, we see a disconnect across mining stocks when considering the forward horizon economically and the current mining share prices, (AAL, RIO, & the AIM etc).
Meaning - of course there are local project based issues effecting the SP, including asset size & grade, feasibility, management, jurisdiction etc, etc, but with that said we should be seeing signs in the market (Majors ??) where the obvious push is influencing increasing: TO's, M&A's, JV's, (through the future Cu demand) & resultant general AIM mining / explorer SP increases ?
Is it the case that currently we PI's need to recognise that we are still embroiled in the typical AIM speculative SP gamble, and that we are investing & sowing seeds in early investments that will be propelled (multi-bagger) say "later this or next year" when the Majors decide to "get in"...? And as a result be patient...
I have shared this post over 3 boards (ARCM ; XTR; JLP) for comments, as i suspect that someone with a greater understanding of economics may have a clearer view of timings growth cycles & timings.
No cross ramping intended.
IMO ATB Shorn

Throwing this out there, as i am invested on a number of Copper (ARCM, XTR, JLP) & a gold (GGP) stocks and am interested in fellow investor views (some of you of which are on those boards)...
->We know there is a growing demand for Copper and a current & future under supply (historic lack of mine development), and an interruption in the scrap Copper market as a result of the last 12 months.
->We know EV's, new builds USA, general rebound post Covid (for some) is economically happening & being planned (Biden)
->We know across many stocks on the AIM there are no brainer opportunities to access returns as a result of this "perfect storm" - probably one you will not see for another 2-3 decades
HOWEVER, we see a disconnect across mining stocks when considering the forward horizon economically and the current mining share prices, (AAL, RIO, & the AIM etc).
Meaning - of course there are local project based issues effecting the SP, including asset size & grade, feasibility, management, jurisdiction etc, etc, but with that said we should be seeing signs in the market (Majors ??) where the obvious push is influencing increasing: TO's, M&A's, JV's, (through the future Cu demand) & resultant general AIM mining / explorer SP increases ?
Is it the case that currently we PI's need to recognise that we are still embroiled in the typical AIM speculative SP gamble, and that we are investing & sowing seeds in early investments that will be propelled (multi-bagger) say "later this or next year" when the Majors decide to "get in"...? And as a result be patient...
I have shared this post over 3 boards (ARCM ; XTR; JLP) for comments, as i suspect that someone with a greater understanding of economics may have a clearer view of timings growth cycles & timings.
No cross ramping intended.
IMO ATB Shorn

Throwing this out there, as i am invested on a number of Copper (ARCM, XTR, JLP) & a gold (GGP) stocks and am interested in fellow investor views (some of you of which are on those boards)...
->We know there is a growing demand for Copper and a current & future under supply (historic lack of mine development), and an interruption in the scrap Copper market as a result of the last 12 months.
->We know EV's, new builds USA, general rebound post Covid (for some) is economically happening & being planned (Biden)
->We know across many stocks on the AIM there are no brainer opportunities to access returns as a result of this "perfect storm" - probably one you will not see for another 2-3 decades
HOWEVER, we see a disconnect across mining stocks when considering the forward horizon economically and the current mining share prices, (AAL, RIO, & the AIM etc).
Meaning - of course there are local project based issues effecting the SP, including asset size & grade, feasibility, management, jurisdiction etc, etc, but with that said we should be seeing signs in the market (Majors ??) where the obvious push is influencing increasing: TO's, M&A's, JV's, (through the future Cu demand) & resultant general AIM mining / explorer SP increases ?
Is it the case that currently we PI's need to recognise that we are still embroiled in the typical AIM speculative SP gamble, and that we are investing & sowing seeds in early investments that will be propelled (multi-bagger) say "later this or next year" when the Majors decide to "get in"...? And as a result be patient...
I have shared this post over 3 boards (ARCM ; XTR; JLP) for comments, as i suspect that someone with a greater understanding of economics may have a clearer view of timings growth cycles & timings.
No cross ramping intended.
IMO ATB Shorn

Tom -ok if you take the view that one of the caveats i mentioned to finalising the "deal" is info from the additional drills then if the results of them are not known before the end of the EA period then both parties will willingly extend the EA deadline again, this would be further proof to the market of an "impending" deal, and i suspect a SP rise would support that likely hood. If however, the drilling is to ensure that should the deal fall apart at the 11th hour, then ARCM have moved forward with their own objectives and do not miss part of the drilling season, plus further proving their assets, for other Majors to assess...
IMO ATB Shorn

Tom - to be fair, i can't say i have seen an update - did i read on this board delays due to earlier rains, or are we just not being updated by ARCM BoD's other than saying they planned to start...
ATB Shorn

@tom11
"2 months to go" - i assume you are meaning the end of the current exclusivity extension period...
The July date is a long stop date and not a deal date.
A deal RNS could drop at any point, the closer to the end of the EA period benefits ARCM as more drilling (proving) is being achieved during this season, and the other companies (mentioned by BoD's) are waiting in the wings and AAL know that...
As i have said on a previous post, the following is my overall view of the situation (based on 3 non-mining exits i have experienced)...
->The deal is fundamentally agreed (probably late last year) between parties subject to: latest DD updates (technical, legal, & financial); and key thresholds being achieved.
->Rothschilds are instrumental to the deal structure & implementation
->Both parties are working through a timetable of house keeping / due process & final DD leading up to an announcement
Watch this space...
IMO ATB Shorn

@Shiner75
That makes perfect sense from a scale perspective and ESG progression, although contractor may be the wrong term to use as i believe a processing facility would need to be built in the "district - vicinity" of the Major minor / JV partner...
Though i don't discount the potential interest from an industrial company.
Though i would imagine LC's interest would be concentrated on where a partner / JV would take JLP on it's own growth path.
IMO ATB Shorn

Hi Nelson,
Very good point - does JLP's future size also attract "industrial" companies (non-mining) into diversification ?
I am sure "Industrials" attract similar if not larger SP to earnings ratio's to underground miners...
Operationally an Industrial may be a better fit / JV partner.
IMO ATB Shorn

@Frogboy
I also suspect that given the quality of yesterdays report and the recent silence from the BoD - PI's will have absorbed the data over night and today is going to be big for the SP...
IMO ATB Shorn

@NelsontheDog
Another factor to consider with JLP's under the radar position is that an ST tip (Seeking Alpha) begs the question with a large price to earnings upside potential - and given diversification of PGM's and Copper, ESG, etc - doesn't JLP represent a cash cow takeover target at share price under +50p or more ?
We have all read time and time again the potential of the bull run / super-cycle in Copper, and given there is an under supply from the underground mining community to match current & future demand, and as you say JLP can produce Copper from raw material x5 quicker...
Isn't the real Elephant in the room that no one is talking about on this board - a mid size / major mining company looking to buy next years planned Copper production with plenty of future growth potential in many jurisdictions ??
I recognise that business models, and operations are vastly different but the focus would be on the bottom line, and without knowing the details - tailings "owned" by these Elephants must be vast, and free to them....
IMO ATB Shorn