Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Nickel and Uranium have been mentioned previously, along with gold.
https://www.miningreview.com/base-metals/arc-minerals-making-strong-headway-in-zambia/
I am not sure why the trolls are gloating to be honest.
The EA has been extended, it hasn’t been cancelled, it has been extended. The EA has been extended due to circumstances outside Arc’s control, that being the closure of the mining cadastre.
The EA has been extended to allow for the new licence application to be determined now the cadastre is due to start considering new applications.
For long term holders, it matters not how long one has to wait for the JV to be signed. For traders it is a different story.
How many times have we seen the predictions from the trolls being proven wrong. Time and time again.
I remember when the EA for the JV was announced, one had the temerity to suggest there was no agreement as the RNS only stated “a subsidiary of Anglo American plc”! Well there it is in black and white today “Anglo Exploration Zambia Ltd”.
Long term holders believe AA know what is on our licences, that’s why AA have agreed to such fantastic terms for Arc.
Long term holders are invested in the company because they believe Nick and the board will deliver.
Come back and ask me if I, and other LTH, are in profit when AA make the Tier 1 discovery they must think is on our licences. Who knows, maybe there is more than one?!
Only one way we will find out. It will happen!
And that’s just Zambia!
I am lost too, but if someone could help.
The area at Zaco south states ‘renewal’ on the mining cadastre portal map. Therefore we may hear about it prior to the 21st Nov.
Zaco north is a new application and therefore we will hear about it sometime after 21st Nov?
This one is for you travelcard.
https://www.kitco.com/commentaries/2022-10-27/Copper-the-most-important-metal-we-re-running-short-of.html
Some links for those interested.
https://africanminingmarket.com/zambia-major-mining-energy-stakeholders-to-meet-in-the-copperbelt-at-the-10th-anniversary-of-zimec/14419/
https://zimeczambia.com/programme/
F79 Ella = Alby on Twitter.
I would say calling a raise is pretty low Ella, you can’t know that unless you are inside. Our largest shareholder has stated there is no raise. You assuming something is not research, it’s not fact.
The facts are that Nick said on the IC in May that the JV applied to all our tenements, some 800 odd Km2. In other words, all our licences. We know Nick met with the Minister, we have pictorial evidence of Nick’s unironed chinos! I doubt they were discussing the price of fish! Or eggs for that matter!
Ella, unfortunately I can’t pay myself, actually I can but it would be overly complicated and not worth the hassle.
I thought we had finished playing nasty? Remember when the JV was announced in May? You had considerable egg on your face. It’s going to happen again.
I am happy you have found a friend to converse with though. Please don’t be heart broken when his account disappears again. It’s the same with every other one he has set up in the past. Some would say there is something not right with that behaviour!
Probably a Utd supporter as well ffs!
Apologies for repeating myself..
Thurs May 12th 2022 Investor call.
Some quotes.
As I have always said previously, to do justice to the tenement we have, some 800Km2, one needs to have significant capital to invest; as well as the expertise to target and develop into something much bigger. So, while we invested modest amounts of capital, with considerable drilling success, to do justice this needs tens of millions in to drilling and this is exactly what we have with today’s agreement.
So, the way its structured is that Anglo will take an effective, once this is signed, an immediate 70% controlling interest in all of the tenements we have, other than the small-scale Kalaba plant that we have separated out.
we have obviously shared a significant amount of our drilling data with Anglo and they are familiar with the data; and, as you know, we have completed all the geophysics airborne survey results and those look very encouraging and look to target, in particular Cheyeza and Muswema and reiterate what our big targets there are. We obviously need to agree that still with Anglo….
What is the agreed J.V. geographical areas and what leases are within it and without it?
NVS – As I alluded to earlier, everything within our tenements, bar the small, I think it’s 6km2, around what is the Kalaba plant, which is part of the settlement agreement we have divested from. Everything else is included.
Zaco is included, as I say, all of our properties and tenements are included, and we retain 30% of the finances of everything in the J.V.
I was in Zambia very recently and met with the Minister of Mines and various other government officials. . .
I think I am not talking out of turn when I say they are absolutely delighted to hear of this proposed transaction . . . I know that that this has been raised at various very high-level senior meetings, government meetings, at the recent Indaba conference where the President was present.
To clear up this raise rumour that Ella has been spreading.
Quote from our biggest shareholder on Twitter tonight.
“There is NO RAISE!
Don’t let the nut cases get to your head. Crazy fear mongering by some. On the contrary, things are looking good.”