Member Info for SlurmsMckenzie

I think a few people were asking yesterday (quite rightly) about where the raise fits in with the overall capital needed.

"This 25 million obviously forms part of the equity for the overall project finance"

and thanks to Astrobrook on Twitter

Here's the call

https://youtu.be/GsEPEVv8RCQ

Thanks GD.

I'll listen to the call once it's put online, and thank you for the updates everybody

Just one question as I was attempting to work this morning, and I think the answer is yes ...

Are there still more results to come from the last campaign?

"The call will be hosted by Executive Chairman, Nick von Schirnding with Finance Director Rémy Welschinger and Chief Operating Officer Vasillios Carellas, who will *update* and answer shareholder questions in relation to corporate and operational activity"

A key word here is update.

However not for the first time an RNS update has left a little ambiguity for us to decipher

Is it
Give an update and then answer questions regarding corporate and operations activity, which might not be related to the update.

or

Give an update ... regarding corporate and operational activity.

I don't think striking bonanza gold would stop sellers to be honest .

Rainbow chasers gonna chase.

Exactamundo senior caddy1

If i had bad news to deliver I'd probably run away for a week, then go to a cushy proactive interview where I talked about the positives and exciting opportunities, or I'd put out some positive BS spin in an RNS.

I certainly wouldn't be hosting a conference call, taking a ton of **** off investors who haven't had a chance to cool down, why do it to yourself?

For that reason I think the news will be neutral of positive.

She won't be.

She has no authority here.

I'd like to know if we're due any more drilling results from the last campaign and if drilling coninued during the rainy season.

This excellent thread on twitter sums up my investment case here. AAL entering an exclusively agreement brought me here, but understanding why they were kept me here.

https://mobile.twitter.com/BradleyEaston5/status/1350024047543922689

I'm not sure I can link you to research notes, although I've seen SP Angels and you can probably connect the dots better yourself.

Are you after anything in specific?

Were they sold to a US firm Chun Can capital.

It's confusing because I can't find an ARCM RNS for that

https://www.bloomberg.com/press-releases/2020-08-13/chun-can-capital-group-completes-agreement-to-acquire-gold-mine-in-democratic-republic-of-congo

That's the company mentioned in the MEDR notifications.

So it's a resale of Casa that's not going ahead right?

So payment depends on the us fund it was sold to?

So beware then as AIM (the market) is a "jungle sometimes" gotta keep your wits about you to "stop from going under".... seems the lesson then...

Yes I'd say that's the message.

https://www.moneyweb.co.za/news-fast-news/zambia-is-done-for-now-with-taking-over-mining-companies/

Nicked shamelessly off the blue channel (thanks skipper).

I think it's fair to say the herd has munched on a fraction of the grass available and has now fecked off to another field.

I'd say it's got little to do with ARCM as a single entity and more to do with junior miners.

I've just been through about 8 tickers ( that i don't hold shares in) that I've been watching and every single one is down apart from EUA but that's a special case today.

The majors are down (although less so).

Cool as a cucumber Anglo know what they're looking for.

They have the soil samples and copper scandium ratios, a map is in the presentation.

They have David Wood

https://www.researchgate.net/publication/315804896_Using_Multi-Element_Geochemistry_to_Map_Multiple_Components_of_a_Mineral_System_Case_Study_from_a_Sediment_Hosted_Cu-Ni_Camp_NW_Province_Zambia

I'm happy for a takeover or to be part of the next steps.

It's all good.

Thank you both for the feedback on behalf of those who couldn't make it.

Much appreciated.

Onwards and upwards (or in our case downwards)