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Not sure if this has previously been mention but Each quarter the Department of ECC publishes an Acreage Report which sets out the position of each authorisation in offshore Ireland.
https://www.gov.ie/en/publication/10d43-acreage-reports-and-concession-maps/
Seis I was nodding along to every point you made in the first paragraph and was saying something similar to a friend just yesterday.
Can I add that given the problems the company has faced in Zambia over recent years, other BoDs would have given up! Nick and co were determined to get to this point with Anglo!
One last point on the BoD. Exactly how many other AIM BoDs would have gone 8 months without drawing any salary? Nick and co decided not to raise into a considerably rubbish market due to the impact that would have had on existing shareholders.
My opinion on Botswana is that it holds potential. You just need to look at the slides in the presentation to see that potential. There are also various other bits of information on the Khoemacau website which further highlight that the licences could be a couple of gems.
Clearly Botswana isn’t anywhere near a company maker as our Zambian licences are, but they are a nice little holding and 135 particularly appears to be sitting in the right spot.
Each to their own though. Everyone has their own opinion, like MT, and others only post on this board for purely vindictive and vexatious reasons.
I almost forgot. Those power lines from the hydro-electric plant will be useful when we get our mining licences approved.
From TNR 24/1/2024 @ 17.55 “For clarity, I bought in just over 3 years ago at around the 4.1p level and admitted that I had my money in a pile of poo around 6 months ago @ and offloaded at 3.3p. A decision that even when the price spike after the greatestestest ever ever evr JV signing at 4.2p I (correctly) had no regrets.”
As I stated yesterday, just a random, vindictive and vexatious poster. Now he has revealed the reason behind his trolling. The big baby lost some money and blames other people for that. Then he comes on here and says he has no regrets at selling at a loss but yet has been panning the company ever since! WTF! Man up and own your own decisions! You had ample opportunities to sell for profit in the 3 years you held.
This is where the research and confidence in that research sets investors apart from traders. All the people accused, by the trolls, of ramping this share have had the conviction to hold throughout and have seen the sp increase and fall back and still kept their holding. In fact they were so secure and confident in their research that they had the conviction to continue to buy! The complete opposite to TNR, which is why the trolls attack the LTH!
Thanks TNR, you made my night and revealed to all your motivations and the character you are.
Sleep tight sweetheart.
X
I have asked Anglo but unfortunately they won’t give me access to their accounts. Maybe if you asked TNR they may make an exception for you?! They did however advise me that they will actually potentially secure only 70% of any potential find, not the 80% you inaccurately claimed. Hope this helps!
I have to point out that I thought Mitchell Drilling’s drill looked actually quite good and far from decrepit. Certainly the experts at Anglo appeared not to mind it.
You seem a bit confused TNR, best leave it to the experts!
TNR,
Much as I suspect, nothing, nada, zip, zero exploration experience. That is unlike those at Anglo American who made the decision they wanted to pay potentially $88.5m to explore our licences for potential Tier 1 deposits. I think I’ll go with the vast knowledge and experience held by those at Anglo over a vexatious random poster on LSE. No offence!
And don’t give me the €88.5m is pennies to Anglo line. It’s wasn’t long ago that you and your crew were bleating about the cost cutting Anglo announced and it impacting on Arc.
Regarding your questions, I already answered your original questions but.
1: I refer you again to the definition of an investor. The answer lies within.
2: I am not the one that wants to know, or is at all bothered by it, unlike you!
3: GGPs performance after JV was announced and then drilling results started coming in gives an indication of what’s possible for Arc.
I’d love to continue the dance but it’s boring.
To summarise. Some random on LSE or the highly qualified and experienced experts at Anglo!! Hard one!
Still waiting! You didn’t set out your exploration experiences and successes for me so I could balance with that of the experts at Anglo.
When you can do this I will consider your opinion against that of those at Anglo American who have numerous years of experience and have deemed it appropriate to spend potentially $88.5m on making a discovery(ies) on the JV licences.
TNR that’s 3 questions not 2.
1. Seek out a definition of LTH and investor.
2. Ask them on the call on Thurs.
3. DYOR, I suggest looking at GGPs charts and RNSs and comparing dates usually works. Pretty easy for any individual to do.
Ps: you didn’t set out your exploration experiences and successes for me so I could balance with that of the experts at Anglo.
Ta
Let me add some balance to counter those complete scum posters who are attacking honest long term holders. The same long term holders who have been 100% vindicated with the fantastic terms of the JV Arc signed with Anglo.
Anglo previously explored this part of Zambia in the late 1990’s and left Zambia for political reasons. The JV licences hold 9 of the top 30 ranked targets from that time. One of those targets was the now Sentinel mine.
So Anglo have years of previous exploration on these licences and collected mountains of information.
When Arc acquired a controlling stake in the licences Anglo then offered JV terms which could see them shelling out a total of $88.5m. Whilst waiting on the completion of the DD for the JV Anglo’s geos have had an opportunity to study the thousands of soil samples, the aero mag surveys and over 20000m of core drilled by Arc.
Anglo have one of the leading experts in copper exploration in this part of Zambia working for them.
This is all highly suggestive that the experts at Anglo (not the trolls on this board) have a good understanding of exactly what could be on our licences and where to find those deposits.
PIs need to decide who they trust, the likes of NorEscO (posts below indicate exactly the type of character he is) or the experts at Anglo. Hard choice that one.
Before the trolls harp on about the SP performance to me, see GGPs sp performance after they signed their JV.
Then add in the Botswana licences which are sandwiched between numerous copper discoveries, some of the highest grades discovered on the Khoemacau licences. With one of those discoveries just a few hundred metres from the boundary with our licence. By the way Anglo previously explored those licences too. Makes you think how we came to know about such licences.
How’s that for balance?! If the trolls can set out their exploration experiences and successes for me then maybe I could balance out their opinion with that of the experts at Anglo.
Ta! X
It’s quite ironic Donkey that you are waxing lyrical (see what I did there!) about Nat when it appears, by all accounts, that he carried out such poor DD on Bumi that resulted in him landing in the manure there and in Nick landing the role to try and sort out the Sh*t Nat got himself in!!!
That is if you believe everything you read in the papers of course!
I have downloaded some recent satellite images and roughly annotated on them. You can see them on this link, just cut and paste it into your browser.
https://turtlewax.imgbb.com
Picture 1 shows Cheyeza the location of historic Arc drilling at Cheyeza. I have added a blue circle where I think the main camp has been set up.
Pictures 2-13 show the development of the main camp and tracks/roads becoming clearer from 17th Sept to 27th Oct. I have annotated what looks to be the main camp and some of the roads on some of these images.
Picture 14 shows what I think is the main camp and two potential drill locations in blue. The yellow circle is the area previously drilled at Cheyeza East.
Pictures 15-18 are from the latest image yesterday (16th Nov. 2023) and appear to show at least 10 potential drill sites almost equally spaced apart. I have annotated the main camp and potential drill sites in blue on pictures 16 and 18, with the roads roughly annotated in orange on Picture 18.
These drill locations appear to be moving down towards Muswema, and makes me think they are looking for that linked structure they mentioned before.
Thoughts guys?
Well done all those who had the conviction to have held through the tough times! I am sure the posts from Fulmar, Seis, FB on that other place, and a few others, have helped see you through when you had your doubts. I certainly found them extremely helpful.
Thanks all!
The bully who offers people out for a fight and then claims to be the one who is being bullied. Classic.
Enjoy the IC NorEscO, maybe have an ice bath to stop your pis s from boiling?!
I am sure you will continue turbo posting throughout.
NorEscO – it appears a lot of your more recent posts have been removed. I am not sure if that was because your pis s was boiling and you were offering people out for a fight in the pub; or because you were releasing people’s personal details in an attempt to threaten and intimidate them. All very sad and extremely undignified really.
In the few posts that do remain you appear to have been accusing people of bullying, which is quite ironic given your recent posting history.
Enjoy the IC!
Talking of credibility and multiple accounts.
everyone was up at 2am on Saturday morning posting about Arc right?
Maybe not, but OutofLuck posted on 28th Oct at 02.06am. Within a few minutes Takenorisk had also posted (unfortunately now removed).
What a coincidence!
Just a selection for October of the things you have got wrong Peggy (if I went back any further this post would require about 15 posts).
3rd Oct – “November by the earliest” – WRONG
9th Oct – “’IF’ this gets over the line it will be a long time for serious results to appear. People make it sound like AA are sat waiting with the drills to get stuck in – this is not likely” – WRONG
12th Oct – There will be no news here by the end of November for anything other than a placing. – GUESS WHAT – YEP WRONG!
18th Oct – Could easily drop to 2p or less – WRONG AGAIN MY FELINE FRIEND
Also 18th Oct – ‘Will be year low by end on the week’ – THIS IS A FUN GAME PEGGY BUT WHEN YOU GET THINGS SO WRONG THEN YOU LOSE THE LITTLE CREDIBILITY YOU HAVE.
Enjoy the IC.
Congratulations to Nick, Remy, Vas and the rest of the team.
Also congratulations to all genuine LTH (I see you Ray!) who have waited patiently and eagerly for this moment.
Now the journey starts to pick up pace! Let’s see what those drills say!