Member Info for westie50

You gents think Nick will be operating on a first refusal basis? Or will he take bids from all the majors (supposedly) who are interested? I’m sure he has a minimum price in mind but surely he’ll take the highest bidder?

Don't get too excited yet!! Early days

Very tight spread to finish

I think it's LSE just screwing up again. L2 looks even.

Dcat - yes thanks I remember that and thanks for your figures. I also seem to remember NVS saying he would not entertain any crazy dilution as you put it. So in other words the development of Zam as a whole is out of the question.

For me it was a real red letter says when NVS joined. Until then I had a comparatively small investment in OTC mainly invested there for the potential I could see. I knew NVS from the past and increased my holding massively )for me) when he came on board. I’m convinced he will deliver for all of us and actually I view the outcome of any CASA/Sturec deal as a good pointer as to how Zam might pan out. In other words in my opinion £50m+ for CASA should be the result of some hard bargaining. If CASA doesn’t go for a song then Zam won’t either. This all translates into shareholder value for us which is the name of the game

Think I’d better shut up!

I was on the phone the other day to my ISP. I wanted to stay secure and requested to change my password to WILLIE but they came back and said it wasn't long enough!

A sign of the times!! Evening all.

CB - Ha ha. I'm nearer the nursing home than you may think!! My kids are grown up but a nice retirement present would be very welcome courtesy of ARCM. I'm happy to wait here but next time we hit maybe double the current price i'll be very tempted to lock in some profits. Good luck with your children and their education.

CB - I like you post. Explore, sell and move on. That sounds good to me. I'm here to make money asap and not be tied here for years.

Fulmar - and that was in effect what i was saying. Another cog in the wheel just like the aerial survey on our way to a JV/TO.

I really don’t agree that the plant is the big saviour. Yes it will provide some short term cash flow as will the sale of CASA. But there’s no way we could even bagin to imagine mining our whole licence. So yes the plant is good in the short term but purely here for the money which will come post JV/ Take Over. Just another cog in the wheel for now similar to the aerial survey.

For me the plant has always been to prove the area can actually mine and complete the minerals within the licence. So in other words it's another confirmation (just like the aerial survey) that there's something good here. Sure it'll make a few bucks, but that's pocket money when comparing it to the whole licence.

Re the sp - very rarely do premium placings lose money. So in time we will be back to above 4.5p and then depending on news, who knows.

About time

Thanks gents. Caddy well done on your buy

Tell me something gents, do we know if the trades going through at 2.75p are buys or sells??

The only thing I regret is not selling and trading down from 5p. Nothing else to do but hold

I see my grasp of autocorrect is as useless as ever!!

Nothing left to say here really. Sit and wait for news re JV/BO/drill updates/CASA. Anyone of which should stop the rot and put us all back in profit. I written this year off. Is and am looking to Q1 for some movement. Very happy to be proved wrong!!

I love your analogy Fulmar but agree with your thinking.