Member Info for westie50

I agree the potential look ridiculous as you put it Fulmar. I'm still al little perplexed the sp hasn't moved on at all really. Not even back to 5p+. I know these results are just the beginning but surely the market will start to recognise the potential at some stage? I guess i'll come back in a few months/a year for a more realistic sp?? Actually though i'll continue to look several times a day!!

Copper man do you feel having success going west is the “Brucie bonus” as it’s not really been talked about. I can understand drilling north will see the extent of our asset but had West always been in the calculations? Still early days and with the sp action (or lack of it) of late I still feel it’ll take a JORC/JV yo retate us. Happy to be proved wrong as more results are announced

I have no problem in anyone coming up with what might be construed as a 'negative' post, as long as they back up their thoughts with facts. There's been one particular power here (who now appears to have disappeared) who constantly posts negatively but doesn't say why. Likewise, positive posts need to be backed up with facts - which they mostly are here as we're lucky enough to have a bunch of very knowledgeable posters. Basically anything which provokes decent discussion has to be good.

Good on you for being honest Fulmar. I'd thought of that as well re buying Kopara's stake, however they know they're onto a good thing and possibly the price would be too high?

Good on you for being honest Fulmar. I'd thought of that as well re buying Kopara's stake, however they know they're onto a good thing and possibly the price would be too high?

Good on you for being honest Fulmar. I'd thought of that as well re buying Kopara's stake, however they know they're onto a good thing and possibly the price would be too high?

I’m convinced it’s going to take a JORC/JV RNS to see a rerate

Bloodshot. Don’t worry I’m taking pills for it!!

I sense a little pressure starting to build?

Nicely put CB. I trust your "good authority person" will prove to be correct. I was tossing over in my mind what it would take to rerate us and both of those had crossed my mind. Once he has a JORC, he'll be in a strong position.

My £200m musing were because i've been disappointed so many times before, so if i aim at something i think is reasonable then it'll be a nice surprise if/when we go higher

Of course you're wright Sagacious. American or British I still hadn't considered it MCap wise!! Maybe i'm just too much of a pessimist!

Bloodshot, your post is a little confusing but i think i can see where you're coming from.

In simple terms, MCap is calculated by multiplying shares in issue by current share price. Hence circa 630m shares in issue times 4p = 25.2m MCap.So moving on, a 200m MCap would roughly translate to 30/32p per share. I think that's achievable. I hadn't considered a billion plus!!

Couldn't agree more Fulmar - especially with your research point. Unlike other stocks, we haven't just chucked cash at ARCM totally blind. I think we've all thoroughly researched and our combined knowledge has made ARCM a 'better than even' opportunity for us.

I have my 800,000 shares now so will draw the line at that. If we perform as i hope i'll be a very happy chap at some future point. - and so will my Wife (if i tell her!!)

Thanks for the info Fulmar and many congratulations once again. Your words of caution are very valid as well. I'm long enough in the tooth to expect the unexpected and never hope for too much. I'd like to think all us long term investors here have a little bit of experience and intelligence between and know the basics of a decent company when we see one. Fulmar you've done it before and let's hope you've done it again.

Fulmar - Im just curious, do you rate ARCM potential up with your previous success?? Feel free to elaborate if you want but I won't push you.

Very impressive Fulmar you managed retirement on the back of an aim success. Congratulations.

I'm hoping for the same gents, but I'm under no illusions this is by no means a 'given'. AIM is indeed a peculiar beast

I'll add my thanks for that. A really good read. Just brings it home that we need a little patience here and believe in why we're invested.

I don't remember seeing any further plans but might have missed it. I do think they'll be keen to see what's there in a northern direction and will want to do that before the weather sets in. The under spend on the plant will help with any extra cost.

I'm sure a BO will come at some stage as I believe that's Nick's end game which will provide considerable shareholder value. The next few weeks/months will tell us a lot.

Brings it home what a dangerous job any form of mining is. Possibly even more so in that part of the world.

Recovered a little today on low volume. Every hope for next week