That’s quite some list of requirements skipper for the large scale mining license, it does make you think, perhaps the overall knowledge from the previous owners Anglo, the new joint venture results, Arc results, with past exploration including equinox, when combined could be more extensive then we think. |
These are the Ministry’s requirements for the grant of a large scale mining license:
As I said earlier we should have sight of a mineral resource estimate soon. |
Great news. |
“We’re in an envious position holding a significant license in one of the most perspective areas for copper globally, I look forward to reporting on both recent and future drilling plans, and on results as they become available”. |
Looking very promising now. Hopefully a multi bagger from here for us long suffering LTH. Especially if discovery and production happens. GLA. |
RNS just out.. the license is confirmed. |
Well there’s the RNS Terry. Can’t argue with that and its significance given the requirements relating to the grant of such and the historic (and more recent) information which must have been provided by Anglo. Expect a mineral resource estimate to follow as part of Anglo’s defence strategy against another bid from BHP. |
Who by? The Zambian Mom? |
I suspect that there may be some ramping here. |
Two unsubstantiated significant RNS-able pieces of news posted on social media by two sources who have form as long as yer arm for posting total ramping untruths.
A couple of Pre-market trades SO FAR published and one would imagine with the help of them pesky MM's the price shoots up 25%.
Be very interesting to see what the share price ends up at close when the rampers and traders have taken their dirty gains.
Even more interesting will be to see IF ARCM do comply with AIM rules and either issue RNS on these two "rumours" or alternatively that they see no reason for the sudden price swing. |
I would have thought this would have been RNSable. But let's not convince ourselves the company gives a damn about SHs. |
They are going to wait until it is granted imo. Hopefully it will be soon as you have to account for the Christmas holidays delay with the Zambian authorities in getting it stamped off. |
I am hoping the delay is due to adding on even better news in a full announcement. Fingers crossed :-) |
Thanks old chap. Gla, especially LTH :-) |
Overdale: the news was posted by Seisnav yesterday on the other board, think the Handa license contains the new top ranked priority target.. the one that is close to Muswema, the one they were most excited about in the recent investor call. Maybe they will wait for the granting to be finalised, before updating us with an RNS, so good news in the pipeline. |
Very sloppy from the company not releasing an RNS. |
Thanks. I stay away from dm but again, cheers anyway;-) |
Nice tick up on that news. Btw, where did you see it ahead of any RNS announcement please? Just curious:-) |
Nice start, GLA |
Excellent news, the large scale mining license for Handa has been approved for granting, securing the ground for 25 years should reassure everybody.
The pending RNS announcements are beginning to build. |
Terryisbukowski: I see they call you TNR on the other board. Is that short for..
Talking Nonsense Repeatedly? If you were truly worried for people here, that have invested in one of the hottest copper locations in Africa, in an area surrounded by world class mines, with all the cost paid for by a major, then surely you would be expressing the same concerns on all the other junior miner boards.. but in almost 5 years you haven’t posted on any with your TNR ID, you only post here because you are paid to do so. I agree that Arc currently are 100% reliant on Anglo-American in Zambia.. a good thing in my book. |
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