Member Info for westie50

Very nice buy in that case Fulmar. I hope you'll be in profit from that very soon.

BUY not bug!

Romance aside, today could have been an awful lot worse with what’s been happening. Nice 25k bug showing at the end. Let’s hope for a decent Friday gents

particularly nice end to the day. Let's hope some more good news soon. This is dropping far more than i had anticipated.

Yes agreed. Like most regulars here I have a lot riding on ARCM’s future. I keep hanging my hat on things like 4.5p premium placing, mr Bailey being paid at 7p. Surely those in the know must be confident medium/long term

Copperman - Good info. Thanks very much

Ok Jere thanks

Copper man I’m interested to know your opinion re what might be found, the grades and depths. So for example would you be happier with low/medium grade at near surface (lower cost to mine) or higher grade but at depth and hence higher cost to extract. Is there so to speak a sweet spot depth/grade where the highest return:cost ratio can be achieved?

That's very interesting information gents thanks. So moving no from that, Sentinel have a low grade operation which is viable/successful, so surely this has to be good for us??

https://miningforzambia.com/sentinel-mine-a-game-changer/

Probably another month or so of decent wether. Storms traditionally start mid November but not monsoon like immediately. It gradually builds up. If they're working 24/7 then that's a decent amount of drilling.

As an aside our "spotty" friend appears to have disappeared for now. A search reveals no such screen name. I don't think his perverse drivel will be missed! Anyway it'll stay on filter for me. It serves no useful purpose here.

A very fair view Poorman. I might not have a massive amount of mineral expertise but I know quite a bit about world weather/ climatology with my work. You’re right the rainy/monsoon season will certainly effect proceedings but even during the wet season there’s still a reasonable amount of sunshine. So typically clear mornings with the gradual build up of thunderstorms during the day. Work I think would stop during the electrical activity but could resume shortly afterwards. So not a total wash out (pardon the pun) during the rainy season

That's my thinking Olderandwiser. I'm sure Nick won't let these go for a song. He also mentioned this placing would help "for the next few months", so I'm guessing either another placing Q1/Q2 next year, or sale funds plus small scale production will support us in the short/medium term

My last thought for now re why we don't have an AGM announced. NvS comes over as a very positive and motivated man and I think the last thing he would want would be to attend an AGM with a declining sp. Let's be honest, although the latest RNS was positive, on its own it hasn't done it for the market. So either he is waiting for fantastic grades or more likely a JV deal or such like. Too early in my mind for a BO but I think the AGM will be announced when we see us moving north again. Just my musings!! Probably all garbage!

Following on from what other posters have said, I have never seen us as a company which will develop into full-scale production "in many years time". I think the pilot plant is perfect for us but the main thing is to get our assets proved up. At that time I wouldn't be surprised to see offers come in. Then we will see the much muted re-rate. Maybe i'm wrong and things will pan out differently. Either way we have an asset which other are envious of.

Nice find CB thanks very much.

You know guys we're not really ramping ARCM as some would have - we're merely posting on here what has already been quoted by the ARCM management/various analysts. The share price will take care of itself in time although the scum who post on here must be taking delight at the fact i'm not so much in profit as i was a month ago. At least it's better than having lost £20k! The trouble for me is the de-rampers with their never ending sarcasm, never seem to come up with any valid points to back up their pessimism. Decent discussion would be welcomed, but i think that's beyond them.

At risk of stating the obvious CB, they're going to want to have good news to discuss??

LRT - kindly back up your post with some facts please. Always open to discussion but "a complete load of tosh" doesn't really cater for discussion,.

Yes Cattleman, i'm hoping by the end of the year we will se a rerate with the news thats due. Personally not thinking of 50p+. One stage at a time. Have a good weekend.

Many thanks

Let's hope next week is a big one for us