Member Info for Turtlewax

Apologies for being late on this. There were discussions late last year regarding a MOU with Ceara State. There were some articles in the local press.

It’s amazing how difficult it is for people to remain patient and wait!
The critics will be eating their words soon enough. Remember how far we have come. We are on the verge of an amazing JV with Anglo. I am convinced it will get signed and Anglo will be drilling our Zambian licences.
Anglo know our licence areas from the past. It’s no coincidence they want back in now the political climate in Zambia has improved. It’s also no coincidence that Nick worked for Anglo at the same time they were previously exploring these licences!
For me, the only question is, exactly what will Anglo find with their technical expertise and sustained drilling?!
Ignore Peggy, she has been trading Arc for years. In the winter she offered her farewells to this board, only to reappear again. Her farewells coincided with a low in the SP, clearly her buying point. She sold on the recent increase and is now back talking the SP down until her buying point, which she has openly admitted to being 3p. She will soon go quiet again when she has bought in!
Regarding Noresco, I don’t think it’s Ella, she would just openly appear and criticise. She knows what people think of her on this board and doesn’t have a need to hide behind a fake ID. (No offence meant).
I just think Noresco is slightly unhinged, and history shows them to largely to have been incorrect. So any appearance should probably indicate an improvement in the Sp soon enough.

Now back to the sun lounger!

Ps: I haven’t even mentioned Botswana!

The Irish coalition government survived a confidence vote today in the Dail after losing its majority.
The confidence vote was instigated by Sinn Fein and the government relied largely on the votes of independents to win.
Seems the coalition could be hanging together at the moment.

Thanks for sharing Ella. I have been struggling to find information on past exploration of our Botswana licences too.

Wow 100000m drilled in one year on 300 holes.
I wasn’t aware of that.
Makes me smile just thinking about what we could find on our licences with that amount of drilling.

Have a good weekend all.

Leopards and spots and all that.

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/062922-spain-begins-gas-re-exports-to-morocco-via-gme-pipeline-enagas

Anyway. Casa

I can’t honestly say I feel ok with the sp performance, but then again I am aware of the global economic conditions and what’s happening in the markets.
Also, I am invested in Arc, I am not trading it. Therefore, I am in for the long haul, that includes the cyclical peaks and troughs.
Because I am invested, I am also aware of the history of the company and our Zambia licences.
I am aware that Anglo previously explored the licences in a JV. I am aware that 9 of Anglo’s top 30 targets, at that time, were on our licences.
I am aware of who explored the licences prior to this.
I am also aware of the fact Anglo left Zambia for political reasons around that time.
I am aware of who was working for Anglo at this time.
I am also aware of what happened when Ortac were first considering taking a share of the Zamsort licences. I am aware of majors visiting the old core sheds to examine the previous drill cores from past exploration programmes. (I will let you guess which major). I am aware of them taking cuttings of these drills for sampling.
I am aware of Vas having a meeting with ex-Anglo guys and they turned up with a bigger file on Zamsort than Vas had. I am aware of who that was and how they got involved with Ortac.
I am aware of the change in strategic direction that happened for Ortac in the months following this meeting.
I am aware why the Kalaba plant was built and why it was given away.
I am aware of the various survey and drill results on our Zambian licences.
I am aware of who is on our board and who our major shareholders are.
I am aware of Anglo being in various forms of discussions on our licences for almost two years. Of them sticking with Arc through legal proceedings with an ex member of the board.
I am aware of Anglo subsequently entering into an agreement with Arc for a JV.
I am aware of the terms of that JV and just how exceptional they are.
I am aware Anglo employ an expert on copper exploration in this part of Zambia. I am aware Anglo employed this expert when Anglo didn’t hold any licences in this particular part of Zambia.
I am aware of who is involved in the Anglo exploration team that visited our licences following the announcement by Arc.
I am aware of changes in government in Zambia and subsequent government direction.
I am aware of who is advising Arc and what the terms are for this advice.
I am therefore aware that Anglo see/saw something on our licences which made them want back in to explore them again.
I am aware of the capability Anglo will bring to drilling our licences.

There is lots more, but that will probably do for now.

Come on Peggy, you aren’t that stupid. If you are, I am afraid shares are not for you! I mean any shares, not just AIM!

Maybe Andrew just took his new job as he hasn’t received any wages from the company for nearly 3 years? I wouldn’t be surprised if he had considered resigning himself considering the abuse aimed at him on here.
He is in a difficult position with a senior partner who doesn’t develop greenfield sites but who has continued to hold on to this greenfield project.
I would take his silence as meaning he has nothing additional/new to add to what we already know.
He can’t do much without any willingness on the part of the senior partner.
Regarding shard, they can only place the shares at a set share price. Of course we are currently well below that price.
Don’t be expecting anything mind blowing in tomorrow’s RNS, there is only so much a junior partner can do. Again, this will explain the silence.

Largo are also in the process of completing their Tio2 plant. Due for completion early next year.

1.9p filled a gap going back to early 2016. Unfortunately there is another small gap below.

Fulmar you said “some 4.5p Ws expire July 1-not many- Seem to remember an ex-director held a few !”

Any idea if current board members also hold?

In the 25th Feb IC it was stated our cash position was just short of $2m. We will have had a significant number of warrants exercised since then.

It includes the name of one of our licences.

I’ll give you a clue to help. The two gentlemen in fawn work for two different companies. The guy from Anglo has a picture of a leopard on his Facebook page.

Yes, but I am not one for disclosing names on public forums!

Think you have had your share of chemicals Fulmar!

What’s your target buy price Peggy? Your MO is all a bit obvious!

That 6 months and a potential additional 6 months sounds familiar!