Member Info for Takenorisk

Fuko "AA have to sink a massive amount of money in the ground to retain their %."

Once again you talk utter utter exaggerate claptrap!!

Do you honestly think that to a Company like AA with a Mcap of £30billion with the last stated quarters revenue of £6.5billion that "IF" the drilling proves successful that £70 or £80million is a "massive amount"???

Sensible debate is one thing but some of the stuff posted on this forum, even by LSE and AIM standards of an absolute joke.

And as for your previous post about "opinions", can you tell me which part of my post was opinion and not fact??

Out of all the garbage I have ever seen on the web, that posting of yours if without doubt the winner (beating your previous 6 posts of the obvious on twitter about ARCM).

And people actually drool at your posts?? Says it all really

Fukuro "'im not convinced the market have built in the deal. I think they did but now don't."

Fukuro surely you cannot be so myopic??

Taking it as absolutely read (even Jarvy (and her reliable charts), you ,Fulmar, Jamie Ryan, and of course the messiah himself, Ruffles cannot argue) that its going to be at least 3 years **IF there is a substantial find (**PLEASE NOTE THE WORD IF).

The current Mcap is around the £28million mark when the ABSOLUTE MAX income that ARCM will have within 3 years of commencement of drilling is around the £3.6million mark, less whats owed now less what expenses are for the next 3 years.

So in other words the true value of ARCM at the moment, assuming that drilling does commence is probably optimistically an Mcap of about a tenth of what it is at the moment.

At phase 1 end date which could be years away another injection of around £3.3million might be available.

The above are actual figures quoted in the RNS's re the JV and are not assumed or a figment of Fulmar or the great Ruffles imagination.

So the question is how the hell can anyone possibly think that anything over 0.5p a share is anything but a wild punt that might take a company who is running on fumes years to achieve if ever with, on the balance of probabilities, the company being insolvent within weeks??

Irrespective of what the usual suspects say, FFS take your losses and run a bleeding mile.

Well Fulmar?

Your silence speaks volumes whilst tje price once again plummets.

I assume that you have conveniently chosen to ignore my post and its subsequent Bump as quite simply without resorting to insults you secretly agree 100% with my assessment but dont want to admit it.

Tick tock tick tock

Genuine question for Fulmar & co:-

Current mcap is around the £30million. Taking as read that IF there is gold in them there hills, it will take years not months to come into fruition. In the meantime in the initial (at least) three years speculative period whilst drilling is being carried out to check the viability there (arguably) will be just enough income from the JV to cover ARCM's expenses.

So come on Fulmar & co, tell us how possibly unless you are a trader you can make any money in the next 3 or 4 years on ARCM

Now lets see if you can answer without being abusive or inferring that im a troll etc etc.

Https://www.londonstockexchange.com/news-article/ARCM/interim-results/16145243

AIMtodeath "Vaguely interesting enough for a giant like Anglo to put $80m into...."

You really have shown your complete and utter ignorance with that post!

Its only putting in $80million if after what would be many years the drilling site reaches its full potential. Until this point, the only financial gain to ARCM within the first year is $3.5million + $1million and a further $1million a year which will barely cover the wages of Nick VanSh'thouse and his merry bunch of complicit Directors.

In reply to your post Steve and Turtlewax, firstly I can assure you I am a shareholder, if you send me either of your email address's I will send you copies of contract notes.

Secondly and most important, the news we expect next might send the shareprice temporarily higher but sadly you are naïve to say the least if you think that news of drilling commencing will send the price into a orbit. At Mcap of £32million as you would know if you know anything that fully takes into account that drilling will commence.

However, if there are problems, which might be the reason for continued delays then if RNS'd the shareprice would plummet probably below the 1p level. None of us LTH's are going to see any substantial rise in our investment until substantial finds are confirmed which one would imagine would be many years from now.

In the meantime look at what ARCM will gain from AA over the next 3 years, which AA and ARCM obviously view as the minimum time required to determine whether or not there is indeed decent amounts of minerals in the ground and make your own decision as to whether or not the share at present is undervalued at £32million

Right SeisNav :- With reference to "Totally swerving the question, as expected"

YOUR QUESTION What’s your problem? Is it because you’re not prepared to wait?

ANSWER I have been patiently waiting now since July 2019 when in anticipation of the news we are still waiting for over 4 years later that I would make a few bob. Sadly since then I have seen the value of my holding, like many others on here, drop by nearly 60%. Anticipating your next question, because as a stubborn sod I am holding on in the vain hope!!

Now then, you answer my question which you appear to have "swerved"

QUESTION Just out of interest, following my posting of the other day about "my opinion" the current Mcap of around £32million factors in well and truly the agreement with AA and possibly next 3 or 4 RNS's with positive progress, unless there is a confirmed huge find of minerals, what are the eternal optimists predictions of the shareprice over the next year or so??

over to you buddy

SeisNav you seen very little ramping??? Thats astonishing but as the saying goes, "there aint none so blind as those who cant see"!!

Just out of interest are you on the TG group as well??

Just out of interest, following my posting of the other day about "my opinion" the current Mcap of around £32million factors in well and truly the agreement with AA and possibly next 3 or 4 RNS's with positive progress, unless there is a confirmed huge find of minerals, what are the eternal optimists predictions of the shareprice over the next year or so??

Lets see if Fulmar , Jamie Ryan, Mystic Jarvy etc can answer sensibly without retorting to insults or accusations.

And what exactly have the opposite, the rampers, who have talked this up and up achieved over the past 4 years???

I am always amazed that when people offer a contrary view on shares that they are considered traders / dumpers / shorters. de-rampers etc etc!!

Peggy its nice to see some well reasoned alternatives without the usual TG group gestapo removing posters for daring to suggest that we aint all going to be millionaires soon or even worse posting totally meaningless graphs with stupid names for them indicating where the price of this shambolic pile of sh*te is going.

And by the way, like everyone else on here I have a very substantial holding and hope that ARCM does turn out to be a success but in the meantime the only people who are making any money, and are likely to do in the near future, are the traders and certainly not the investors.

And for the record, unless substantial reserves are found , which will be years not months or weeks..irrespective of what the next handful of RNS's say...then the current MCAP of £30million + is fully valued with realistically no substantial upside.

No news from the oracle, Ruflles, on Twitter for months now which I interpret as absolutely no progress being made as in the 2 previous posts he has made on ARCM he has always predicted the obvious that has got Jamie Ryan (is Jamie AKA Fulmar?) as excited as a little virginal schoolboy looking at the lingerie section of the Gratton catalogue. Also what your wonderful charts showing Jarvy as you been predicting that famous breakout for nearly 3 years now whilst the price drifts consistently lower.

Fulmar is nobody allowed to ask questions that are not on your personal agenda without retorting to abuse? You sound distinctly like Jamie Ryan from the tg group.

We all have the same aim here which is to make money from ARCM so why the overt animosity to such questions?

Obviously not an impossible scenario but whats the thoughts of all lth's on what it would do to price if placing was announced?

APR, i fully agree with your charts and mine indicate with the obtuse acute swan neck that this time next year the price of ARCM will be between 1.069p and 7.846p.

Morning Jarvy and co.

What your charts pointing to today Jarvy??

Surely if todays assumed news is correct there 100% certain has to be RNS 7am or plenty of the smart folk on here will have their wish and be able to get their shares at a rather substantial discount at todays close at 8am opening

Fulmar, are you Jamie Ryan??