Member Info for westie50

I'll pour another glass. Cheers

Not beyond the realms it could all just merge into one massive prospect

Normally a Balvenie but tonight my Christmas present of Blair Athol

The only thing I subscribe to right now is the glass theory with a nice single malt in it. Evening all

Fulmar - A certain 'non poster' on here but very knowledgable and respected (you'll know him) has given figures on the potential supply of the plant from CE. I won't use his calculations as that's not right except to say many (including me!) may have underestimated the potential value of production. It could make Arc a pretty penny and even negate the need for more fund raising in the near future until the big prize reveals itself. I think i've probably just repeated your post!!

Now sulphides is another matter all together.

Evening Wasarunner - yes agreed re the support lines of just over 3p. It'll be interesting to see over the next few days/weeks/months how this plays out. 5p would be terrific and would surely signal a breakout from our current range. Plus if that were to happen in the not too distant future, then it might back up some of these charting theories.

I've only been here for a year or so but been in others for far too long to mention!

We converse also in a more private twitter forum so i'll say nothing more here for now. Have a good evening old chap.

http://www.ite-exhibitions.com/events/mining-indaba

Shows just how important Indaba can potentially be to Arc

I'm not a great chartist but do find them fascinating to watch and observe. So here's my brief thoughts.

The sp has been in gradual decline since the highs of August last year with lower 'highs' and lower 'lows'. However the latest low around he end of January was not so low as the previous low back in December last year. So i'd be very interested to see if the sp keeps rising to beyond the previous high of around 3.8p which i'd then view as very positive. So like other have been saying, if we can go above 4p and sustain that rise then i'd be very happy. Happy to have others thoughts.

Of course, any news will knock any chart theory out of the water.

Some nice large buys and 3m traded before 11am which is nice. MM's still messing with the price i see

Again Fulmar thanks for the clarification and the info. As i've said before, whatever the tax situation in Zambia, Arc are clearly on top of this so shouldn't prove a major impediment.

Graham, I was lambasted for quoting on another stock I hold that the metal prices are sort of aligned to share prices. So whilst I wouldn't go as far as saying "Cu up, sp up" and vice versa, there still has to be some correlation. To take it to the extreme, if the Cu price doubled overnight then i'm sure we'd see a good reaction on the sp here. Anyway, strong metals can only be good here.

Re the sp - we've seen so many jumps over recent months only to be sold off the following day. So whilst it's nice today, i'll get more excited if we see a sustained rise.

Morning Fulmar - thanks for the clarification.

Morning all. I think the whole Zambian mining taxation regime is a little worrying and they need to take a look at things. Having said that, I can't believe ARCM aren't on top of the situation and wouldn't have gone this far if they thought taxation would be too restrictive. oNCo - i find sulphides interesting as well. Maybe its presence has not been fully understood by potential investors.

A good start today. Nice to see 2.7p taken out on apparently just one trade. Maybe that large buy from yesterday will prove to be the first of many.

Well I wouldn't mind their share price here!

Personally I will only invest in one potash play and I believe this is the best one around. Good luck though.

Tobin - good thinking. Personally this will be the only Potash play i'll invest in as like you say, it's not wise to keep all your eggs in one basket. I have a Nickel play in HZM and Copper play in ARCM. If one comes good then i'm smiling.

https://twitter.com/emmerson_plc/status/1222468295531597825?s=20

Morning bloodshot. A bit dire here just now, but a few of us have been here so long that some more time in the doldrums makes no difference. I do think 2020 is an important year for us as i'd hope we can drill sufficiently (and prove up resources) to make the majors show their hands.

I've managed to curb my ARCM addiction and only look at the sp 1/2 dozen times a day now!!

I'd certainly consider adding more below 3p although i confess I really dint think we'd get anywhere near these levels. I still find it weird that a decent and upbeat investor call results in a drop back of the sp. I guess though this was always going to be a medium/long term investment but having said that i'd like to see some rewards this year. I'm getting older!!!

Chisler - Although a new holder here, that was one of the aspects I researched. You'll find reference to the fact that 3.2k of roads (ONLY!) will need to be constructed at a cost of circa $2m. This will lead directly onto major roads which will take the potash to the ports. So in other words, a comparatively small cost and hence we're well placed geographically speaking. There's many references to this info.

Added a bit more today. Would be surprised if we see this much lower. Seems to be some strength at these levels.

Excellent research Redroy, many thanks