Last chance under 3p25 Oct 2024 18:09
Well, it's been a long ride been invested for a few years, traded a few, added where I could but now the time for a re rate is upon us.
With Botswana assays, Zambia LML and Zambia assays all about to drop it would appear we may not be in the 3's or maybe even the 4's for very long next week.
Rumours of MMG and others watching the Botswana results intensely, I'd very much suggest an offer will come in on the back of good results.
Personally, I would rather collect the 3p warrant money and prove up the average further, potentially getting it JORC'd before selling at a much higher price.as drilling can be carried out in Botswana year round.
People are talking potentially £70- 100m. If the results are good now on the back of good assays.
The questions might be how much could it be worth with another 6 months to a years proving up?
All this without the crowns jewels in Zambia.
What are peoples views on what Botswana and the best way for ARCM to exploit its optimum value v time and further drilling.