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"mid point set at 2.875p whereas in reality for most trades its nearer to 2.80p"

I agree, 2.875p are buys. A MM sitting on plenty of stock and improving the price on the quote to clear overhang. They obvs don't want to hold the stock or they would deal at their 3p offer price.

Lantier you are wrong.

"Generally there is a sell for every buy and a buy for every sell as MMs do not want to go home long or short, with corresponding overnight risk"

This isn't matched bargain or SETS.

MM's are obliged to trade within the NMS at the price they quote. They take principle risk. How do you think MM stock overhangs occur?

I suggest you take your own advice and "pause for thought next time before (again) demonstrating your inexperience."!

"In the years share competition only a handful tipped Arcm, that either means plenty don't rate us or we are massively under the radar"

Or a more realistic assumption ............ massively overpriced.

Of course they do, it's their only source of reality.

"It wouldn't take more than 1% of the MCAP to move the price by over 15%. Get a grip, muppets."

When did this last trade more than £300K in a day. err.... like never!

Get a grip clown.

Perhaps they think the shares are overvalued. I do.

Let's face it, they didn't want to exercise options because of the dilutive impact on shareholders but have collectively been trousering cash (up to £3,474,179 ) at 6.94p per option for the surrendered options. Great work!!

Why not use some of the options cash to buy in the market at a price nearly 1/3 of the cash price they have been receiving.

Show some faith in their own ability to deliver and clear some of the Market Maker overhang. Or perhaps they might come in on a placing?

"would be able to mop up Arcm gradually at these levels without drawing any attention to themselves and because of our off shore status would not require notification at any point." = Clueless

A picture of two men and a drill rig somewhere in Africa. Very compelling evidence!!

Private entity - So what!

So are you suggesting the CEO is not prepared to disclose to a shareholder who the directors representing the company's interests are?

Thats unbelievably poor form. I can understand AA not responding. I would have another go at NVS telling him the Board of ARC and the directors of the JV represent your interest and as a shareholder you want an answer.

SeisNav your quote - "I think these derampers are working together to try and force the price down and trigger some sells" - As if the market takes notice of this BB!

In your world, ANYONE with an opinion contrary to yours is a deramper! Therefore, I presume using a counter analogy, those that continually talk up this stock such as you and your merry crowd........... you must be rampers. Something you and the other bulls go to great pains to deny. All is rosy in the ARC garden in your mind. Never challenged the management once have you?

If you think the water is warm at these levels...... Fill your boots.

Look at AAL share price. It has halved in a year £36.70 in Jan 2023 £18.25 today.

Now net zero targets are being pushed out and the economic impact of net zero is being reconsidered by most countries. Also some copper producers are reassessing their production so the share prices are retracting.

Not sure what that means for ARC?

Sagetrade. I'm thankfully not invested here for precisely the points you make.

As an outsider looking in I always felt this deal was beyond the capabilities of the parties involved. I feel for the people who got sucked into this one.

In the most recent unaudited interims (30th June 2023) there were current liabilities of £2,933,000 and only £60,000 of cash.

AA have now deposited $3.5m into the JV company Unico Minerals Ltd of which ARC own 67%.

Lets face it, this deal took ages to get finalised and advisors do not work for free. I accept that advisors will work on a fixed fee but if a deal drags on too long or work out of scope crops up, advisors renegotiate fees. Generally upwards! e.g could there have been additional costs to get the transaction over the line dealing with the conditions president requirements. Also, I would presume the JV company has incurred legal, set up and incurs ongoing fees too.

So we are now 6months further down the line and ARC (zero revenue) will have incurred OPEX & some CAPEX expenses during that time.

I am just wondering how much working capital is left. I wonder what other peoples views are in monetary terms?

Interesting how a couple of small buys can push the price up by nearly 5%.

Need to tighten that spread though, there should be a spread limit within which MM can operate. One of the worst parts of small cap investing.

Given the low cash position stated in the last set of interims ($60K @ 30th June) the ongoing cash burn, and assuming outstanding creditors have been paid post the 67% interest in the first AA payment.

What is a realistic current cash figure held by ARCM?

How are the Tingo shares doing? Do we know how many ARC have left?

Takenorisk - I agree.

What this stock needs is something akin to "the best deal ever done by an AIM quoted mining company" to get the share price moving.

I would call the information in link that was posted an irrelevance to ARC. Although, sadly not if you were a parent or one of the children affected.

It's currently an overvalued "piece of action" though. Sub 2p worth a punt.

"Institution buys tend to be in dribs and drabs, they won’t want to drive up the share price." You Heard it on this board first!

Let’s see what this “Market News” does to the ARCM share price tomorrow. My guess is not much.