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ARCM Arc Minerals Limited

1.675
-0.05 (-2.90%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arc Minerals Limited LSE:ARCM London Ordinary Share VGG045791016 ORDS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -2.90% 1.675 1.65 1.70 1.725 1.675 1.73 7,161,799 16:03:36
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 0 -7.34M -0.0060 -2.78 20.58M
Arc Minerals Limited is listed in the Investors sector of the London Stock Exchange with ticker ARCM. The last closing price for Arc Minerals was 1.73p. Over the last year, Arc Minerals shares have traded in a share price range of 1.675p to 4.65p.

Arc Minerals currently has 1,232,318,465 shares in issue. The market capitalisation of Arc Minerals is £20.58 million. Arc Minerals has a price to earnings ratio (PE ratio) of -2.78.

Arc Minerals Share Discussion Threads

Showing 551 to 574 of 9100 messages
Chat Pages: Latest  28  27  26  25  24  23  22  21  20  19  18  17  Older
DateSubjectAuthorDiscuss
14/11/2018
15:08
Still scratching my head. Buys far outnumbering sells but price dropping again
1savvyinvestor
14/11/2018
13:41
Also happy with announcements + q&a... GLA.. will add.
fatboy1nc
14/11/2018
13:38
Interesting article on cobalt in todays times ;
1savvyinvestor
14/11/2018
13:28
Excellent call
maverick247
14/11/2018
13:21
5 NDAs in place ..all MAJORS !! watch this fly ...cobalt and copper will be being produced in dec
shokty
14/11/2018
11:33
Investor call today will bring more buyers in i reckon - blue finish coming I expect
shokty
14/11/2018
11:13
Bought 100k more :) Christmas come early !!
potential
14/11/2018
11:11
Next RNS is a JV with a major ...you’ll see soon enough
shokty
14/11/2018
10:47
Really weak sellers everywhere at the moment. Another top up at 3.1!
1savvyinvestor
14/11/2018
08:27
Agreed these results look good, but bear in mind the last report we had was on 16th Oct, and we apparently have 3 drill rigs working day and night. Surely there must be more news than this? I can't help thinking NvS has a few more cards up his sleeve like one or more JVs, sales etc. But if so, he can't break the news during a conference call. Any thoughts?
bigboyblue
14/11/2018
08:04
Just bought another 725k worth
1savvyinvestor
14/11/2018
08:03
This concentration on cobalt is very interesting. There is a huge shortage of supply world wide.
1savvyinvestor
14/11/2018
08:02
Questions to ask NVS of ARCM on todays ICC?
cpap man
14/11/2018
07:56
Investor Conference Call



To discuss these results and to update upon general strategy and progress to date, an investor conference call is planned for 12:30pm on Wednesday 14 November 2018.



Participants can access the call by dialling the following number prior to the start of the call.



UK (Local): +44 2036559680



Guest Dial-in Code: 1053446#



For further information or for overseas dial-in numbers, please email info@arcminerals.com

cpap man
14/11/2018
07:20
Arc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining & Exploration





14 November 2018

Arc Minerals Ltd

('Arc' or the 'Company')





High Grade Cobalt results from shallow oxide drilling



Arc Minerals is pleased to report reverse circulation drilling results from the oxide portion of its Kalaba Cobalt-Copper Project ("Zamsort"). These short holes were drilled to confirm the grade of the oxide material intended for processing through the Commercial Scale Demonstration plant ('CSD Plant' or the 'Plant'). Significantly higher cobalt grades up to 0.35% have been intersected together with copper grades up to 1.50%.



Highlights:



· Cobalt grades averaging over 0.20% over mineable widths

· Mineralisation hosted in a saprolitic horizon that can be easily mined without the need for drilling and blasting

· Low strip ratio to access the near surface ore



Drilling intercept highlights include:



· KGC003: 23m at 1.16% Cu Eq. from 2m

o including from 13m; 10m at 0.81% Cu and 0.15% Co for 2.00% Cu Eq.

o including from 17m; 4m @ 1.17% Cu and 0.22% Co for 2.90 Cu Eq.

· KGC005: 16m at 1.28% Cu Eq. from 9m

o including from 13m; 9m at 0.83% Cu and 0.11% Co for 1.74% Cu Eq.

· KGC012: 15m at 1.29% Cu Eq. from 10m

o Including from 14m; 6m at 0.51% Cu and 0.20% Co for 2.11% Cu Eq.



Progress at the CSD Plant

Commissioning of the plant is on track for December 2018. Given the prevalence of cobalt in the oxide ore, the plant is also being tested to ensure that the plant is able to maximise cobalt recovery and process a separate cobalt concentrate as well as a separate copper concentrate. Two cost efficient systems are being tested with encouraging early results. A further update will be provided once a decision is taken on the route going forward for the Plant.



Nick von Schirnding, Executive Chairman of Arc Minerals commented:

"These results are very encouraging, in particular the high-grade cobalt mineralisation intersected in this round of drilling. These results from the pit areas immediately adjacent to the CSD plant show mineralisation that is near surface and hosted in weathered material that can be mined without the need to drill and blast, which should provide for low strip ratios and correspondingly very low mining costs.

As a result of higher than expected Cobalt grades encountered, Kalaba is becoming a cobalt project along with copper and as such work is underway to maximise the cobalt recoveries to ensure that full value is extracted.

We look forward to further updates soon including further drilling results as well as results from our recently completed Airborne Geophysical programme carried out to highlight further geological structures associated with known zones, potential new zones of mineralisation and to prioritise areas for further drilling from our large-scale Zamsort Copper-Cobalt Project."



Investor Conference Call



To discuss these results and to update upon general strategy and progress to date, an investor conference call is planned for 12:30pm on Wednesday 14 November 2018.



Participants can access the call by dialling the following number prior to the start of the call.



UK (Local): +44 2036559680



Guest Dial-in Code: 1053446#



For further information or for overseas dial-in numbers, please email info@arcminerals.com

cpap man
14/11/2018
07:03
 von Schirnding, Executive Chairman of Arc Minerals commented:"These results are very encouraging, in particular the high-grade cobalt mineralisation intersected in this round of drilling. These results from the pit areas immediately adjacent to the CSD plant show mineralisation that is near surface and hosted in weathered material that can be mined without the need to drill and blast, which should provide for low strip ratios and correspondingly very low mining costs.As a result of higher than expected Cobalt grades encountered, Kalaba is becoming a cobalt project along with copper and as such work is underway to maximise the cobalt recoveries to ensure that full value is extracted.We look forward to further updates soon including further drilling results as well as results from our recently completed Airborne Geophysical programme carried out to highlight further geological structures associated with known zones, potential new zones of mineralisation and to prioritise areas for further drilling from our large-scale Zamsort Copper-Cobalt Project."Investor Conference CallTo discuss these results and to update upon general strategy and progress to date, an investor conference call is planned for 12:30pm on Wednesday 14 November 2018.Participants can access the call by dialling the following number prior to the start of the call.UK (Local): +44 2036559680Guest Dial-in Code: 1053446#
fatboy1nc
13/11/2018
18:28
ARCM Investor conference call tomorrow with NVS
cpap man
12/11/2018
13:43
Topped up at 3.24 today. Cheap as chips down here.
thebigbadone
30/10/2018
08:57
I've just topped up at 3.38 - ARCM being caught in bad momentum of AIM resource stocks. Will be looking to add more
1savvyinvestor
30/10/2018
08:37
ARCM continue to do things the right way. If only other AIM companies could be so forward looking. Grant of options at a higher price is completely fair and shows great confidence
1savvyinvestor
30/10/2018
07:21
Good RNS but at 3p odd it is a £40k payment. The fact that it is at 4.5p bodes well IMHO. Still looking very good here.
parsons4
29/10/2018
21:40
Going back to 3p!
cbeadle
24/10/2018
14:32
Someone is confident, oh.......it happens to be the CEO

24 October 2018

Arc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining & Exploration

24 October 2018

Arc Minerals Ltd

('Arc' or the 'Company')

Director Share Purchases - Nick von Schirnding

Arc Minerals announces that it was today notified that Mr Nick von Schirnding, Executive Chairman of the Company, had purchased 281,000 shares of no par value in the Company ("Ordinary Shares") today at a price of 3.48 pence per share.

Following this transaction, Nick von Schirnding holds a beneficial interest in 13,607,198 Ordinary Shares representing approximately 2.16 per cent. of the Company's issued share capital. In addition, Mr von Schirnding has a beneficial interest in 13,842,418 incentive options equating to 2.19% of the Company's issued share capital prior to dilution by the warrant exercise.

walter walcarpets
23/10/2018
11:05
Arc Minerals* (ARCM LN) 3.8p, Mkt Cap £24m – Drilling shows higher copper grades over good intersections from surface

(ARC Minerals currently owns 66% of Zamsort which holds 100% of the Kalaba copper/cobalt mine and associated mineral licenses)

STRONG BUY

ARC Minerals is to fly an Ultra-low level Magnetic and Radiometric airborne geophysical survey over its entire Zamsort license area in Zambia.

The two-week survey should highlight new areas of interest for further exploration and drilling as well as areas to be offered for joint venture partnership.

The Zamsort licenses cover a large area which offering significant potential for further discovery and joint venture mining opportunities.

We expect one or more significant joint ventures to follow with a number of potential suitors showing interest.

Recent drilling shows very promising intersections of copper and cobalt at Kalaba in Zambia.

It is worth referring to recent maps and plans at: hxxp://www.arcminerals.com/gal.php?gID=148

For other share price Angel reports: CLICK FOR 12/09/18 PDF & site visit report: CLICK FOR 14/08/18 PDF

Conclusion: It is very encouraging to see such positive and generally improving grades and intersections so soon in the drill campaign given that we have seen only 11 of the holes drilled so far. We await news of the next batch of assay results and metallurgical work so we can see what sort of processing route should be used and what type of recoveries might be expected.

*An share price Angel analyst has recently visited the Kalaba open pit mine, stockpiles, process plant and drilling operations.

Our analyst and his ‘Chinese’;-looking co-driver drove to site from Lusaka and back again briefly stopping at the very excellent Royal Solweizi hotel on the Old Chingola Road. Stopping at the Royal Solweizi is to be recommended after several days of navigating roadblocks, other prospects and the remains of crushed lorries on the road through the Zambian Copperbelt.

The Royal Solweizi appears to have an unusual dress code for dinner involving high-viz jackets. Local knowledge tells that a high-viz jacket in Zambia denotes that the wearer has a good quality job in a mine and therefore is a suitable prospect.

*SP Angel acts as nomad and broker to Arc Minerals.

cpap man
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