Member Info for Twohits

40k t lying around already and pretty low strip ratios, so would be relatively easy to dredge up a bit more to process to fund a years worth of drilling to get to MRE though?

Appreciate the responses. Dcat80, yes those maths make sense in isolation; however it feels like the plant being commissioned next week could fund explo. Factor in they are targeting 150k-200k oz pa at akyanga at aisc of $500, that seems a resource worth hanging on to? Has the company stated it is looking to sell casa - i haven’t seen anything to that effect? Only done a day’s work on this, so pls forgive me if i’m missing stuff! In for 1m today, looking to buy more, think this could move quickly.

What sort of valuation do people here put on this? As a newcomer, from what i see, i would rather this wasn’t sold. If the new plant is up and running we can fund explo in zambia from cashflow from that. There is also the fact that 5 majors have signed NDAs...

Just bought into arcm today, looks pretty epic, anyone here involved there. Very compelling investment case. Looks like a SOLG in the 2p days crossed with a little bit of BMN.

those 'sells' were me buying, just added 1mm

The thing that would massively derisk this is funding news, they can't keep drilling forever with no cashflow. That said having Robert Wooldridge as chairman should help with capital introduction if it's not the chinese...

Updated resource before end feb...

It's pretty simple - grown up mkts don't like estimates to be missed...

Still doesn’t explain where the divi announcement that was promised us does smart @ss. Little bit overdue isn’t it?

Where’s the dividend guidance?

That’s a bit out if the blue! I don’t think he’d be going for more concessions if he wasn’t confident that funding is sorted. Only 100m shares to pay for the non cash side, not really much dilution.

Lol, if this got to £1 i’d have £50 million quid, not sure i would have the plums to hold on til it got there! 1.5p would do me to start.

Endion : “Sad to think this is all you've got to do on a saturday night. Enjoy ranting to no-one. Have a good weekend all.”

And then proceeds to rant and respond in a futile debate until 2am. Lol, you couldn’t make it up...

You do see the hypocrisy in that statement don’t you?

I’m not ranting either, merely putting forward a point of view. Nighty night x.

If they are there’s definitely something sinister going on...

Honestly napoleon - how bloody arrogant are you!!

“If you bother to read the following article you may learn something:-

https://www.thebushveldperspective.com/blog/public-articles-1/post/the-end-of-erongo-260”

Beggars belief...

I Iike you richken, you’re enthusiastic without being bitter. That’s a rarity here.

Yep it’s true, they are entitrely different.

TA is a proven discipline that is used by tens of thousands of mkt practioners and is the basis of systematic or black box hedge funds and ends up becoming self-fulfilling in certain markets, due to it’s wide and accepted application.

The ‘Trade analysis’, referred to here, is a specious exercise in data mining and confirmation bias.

“All pigs are created equal, but some are more equal than others...”

If your concern is that the UK government chuck a ban on the chinese having any ownership of UK listed miners, you probably shouldn't be investing in the resource sector. May as well have asked what his contingency plans for a meteorite landing on mali and crushing the mine...

Kod grades are excellent, nzguy is a timewaster, just filter.