Arc Minerals Share Discussion Threads

[fatboy1nc] 28/12/2018 11:42

Hello Mr L (250k ) your back. your the only block that moves arcm lol Let the longs have a nice 2019 . You have made your €€€€ 20 time over .

[1savvyinvestor] 22/12/2018 11:15

GreenRichard is deliberately misrepresenting the facts here. Changes in the number of shares, except for the £2 million placing at 4.5p in October, were all to do with gaining majority stakes in Casa and then Zamsort. Posters like GR come on websites like this to throw panic and seeds of doubt to feed their short positions. The issue of shares has added huge potential resources to the company at very little cash outlay. If a company dilutes by 25% but increases its value by 100% then issuing of shares is a no brainer. Happy Christmas to holders and looking forward to a great 2019.

[fatboy1nc] 21/12/2018 17:19

Blocked of 250k are his(lubos). They have gone in recent days (off trend) but some new 100 to 150k blocks have been appearing. but if the new sets are indeed "his" - he must be stringing his spreads very thin now which is a good sign .

[bigboyblue] 21/12/2018 16:27

I wonder if the recent drop is due to the planned tax hike next year, which doesn't make good reading:
If this article is correct you'd think the government might have a rethink in their own interests.
Fatboy: do you know if lubos has finished?

[cbeadle] 20/12/2018 20:23

It’s the nature for mining exploration companies to raise proceeds by issuing shares. Recently ARCM have been astute by issuing when the share price is relatively high and they have used the proceeds to good effect by increased ownership stakes in the Africa projects. A good sign is also they didn’t really struggle to raise funds. I know it is still not for the risk averse but they have progressed in the last year towards realising value for their projects
.

[greenrichard] 20/12/2018 17:32

Really!!

Shares in Issue

As at 1 April 2018 319,703,912

As at 30 September 2018 586,398,933

Shares issued between 1 April 2018 and 30th September 2018

10 May 2018, at 2.61p(i) 6,636,731
10 May 2018, at 2.45p(i) 6,449,257
15 May 2018, at 2.4p(ii) 102,083,333
15 May 2018, at 2.4p 104,166,667
5 June 2018, at 2.4p(ii) 17,500,000
18 June 2018, at 4.245p(ii) 13,000,000
11 July 2018, at 4.2p(ii) 10,000,000
20 August 2018, at 2.4p 1,458,333
20 August 2018, at 3.33p 5,400,000

.....And on 10 October 2018 issued 44,400,000 shares to raise gross proceeds of GBP1,998,000.

[1savvyinvestor] 20/12/2018 16:17

wondered how long before a post like that. So predictable. At some stage there could be another call for cash but it is certainly not imminent. The last raise was at 4.5p and was easily got away. Some dilution may happen at some point in the future in order to secure further developments but this is not a company issuing shares like confetti. A real prospect of success here.

[greenrichard] 20/12/2018 15:58

Cash levels low again. This will just be repeated cash calls and dilution.

[1savvyinvestor] 20/12/2018 14:06

Not particularly persistent today . Mms just forcing out sells. I've just done a double top up. Couldn't do it in one go

[cbeadle] 20/12/2018 13:54

No mention of the Slovakia resource but it would help if they could find a buyer. I think the Africa projects both show potential. Who is the seller that is still persistent?

[cpap man] 20/12/2018 11:20

Arc Minerals* (ARCM LN) 2.8p, Mkt Cap £18m –

ARC Minerals owns Casa Gold 99.4% of Casa Minerals and holds an effective 73% stake in Casa Mining’s Akayanga project

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

STRONG BUY

Kopara agree to jointly fund all future expenditure at Zamsort.

Drilling on the current 11,000m drill program has exceeded all management expectations in terms of the size of the potential deposit with significant copper / cobalt mineralisation identified with grades of around 0.60% copper equivalent seen over the deposit.

We made good progress with the commercial scale demonstration plant (“CSD”) and the front end of the plant is being dry commissioned in December 2018 and batch processing to commence early in the new year upon completion of the back end. Test work on the oxide ore is quite advanced, with two potential leaching routes being assessed to optimise the process and significantly reduce operating costs.

A recent high resolution airborne geophysical survey over Zamsort is designed to identify new targets over 1,000 km² of license

A separate joint venture vehicle (Zaco Limited) is being created with existing and new shareholders to hold the c.400 sq. km which Zamsort must let go under Zambian mineral regulations, though Arc Minerals will be the largest shareholder in Zaco Limited going forward.

A number of NDA’s have been signed with joint venture partners in relation to site visits to the Zamsort property.

Casa: further NDA’s have been signed in relation to a potential sale of the 3m oz gold JORC resource in the DRC.

Šturec: the project is available-for-sale.

ARC Minerals reports an attributable modest loss of £869k and a loss from continuing operations for the period was £1,2m to end September
The company raised £2m on 1st October adding to the cash and cash equivalents of £484k reported at end September.

ARC reports a 108% increase in its total Assets to £35.7m from £17.2m at 30 September 2017 principally due to the acquisitions of Zamsort Limited and of Casa Mining Limited.

ARC’s key asset is the Kalaba copper, cobalt in Zambia in our view where management expect production to start shortly.

Recent intersections include:

7.12m at 0.87% Cu and 0.10% Co
8m at 1.25% Cu and 0.19% Co
115m at 0.67% Cu Eq. – disseminated mineralisation from surface

We refer investors 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

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

‘The copper equivalent values are estimated using current metal prices of $6200/t copper and $55,000/t cobalt and are presented for ease of interval comparison only. Metallurgical factors are assumed to be 100% although the recovery factors for the respective metals may vary significantly.’;

[cbeadle] 20/12/2018 10:18

I am hopeful for the period January-May 2019. There should be some news flow, and mining exploration stocks are often subdued in December but pick up in the New Year.
They are also at multi- year lows, so I have taken advantage and acculmulated some ARCM for my SIPP.

[cbeadle] 20/12/2018 09:43

The price action today is completely out of line with what I was expecting after a fairly positive RNS. I think we will see it moving up again maybe the mms want some stock!

[fatboy1nc] 20/12/2018 00:17

Very interesting I/R.

[bobby1904] 19/12/2018 21:39

So Interims RNS this evening make good reading. In particular NAV on Balance Sheet is now close to £36m. Current Mkt Cap is almost 40% lower than that!! share price it completely disconnected from reality. That cannot last for much longer. RNS also says strong news flow in VERY near future....

[fatboy1nc] 19/12/2018 11:58

Happy Christmas to all ARCM and OTC holders of old.May the New year bring good fortune to all holders - 2019 year of arcm Fyi... I'll hate to speak to soon . As you know I have been monitoring the activities on L2 for years .For the past 4 days ( t days ) the normal blocks on the sell side have stopped. I would like to confirm for a few more weeks before I can say lubos is out. But if it's not the end... he's definitely running on the limit.

[cbeadle] 17/12/2018 16:24

Nick has made a degree of progress bringing more focus than we had with Ortac Resources. They are well incentivised to deliver results and I have increased my holdings last week

[bigboyblue] 17/12/2018 16:16

This is a pretty comprehensive summary from a poster on the lse board.

[walter walcarpets] 13/12/2018 11:24

Double bottom? Production start up RNS on the way?

[cbeadle] 13/12/2018 11:10

There’s some signs of the share price hardening this am (at last!)

[1savvyinvestor] 06/12/2018 09:55

Here's a thing . If parliament rejects May's deal next week all bets are off for what will happen to stock market and the pound . A weak pound ought to help ARC as all investments in dollars . But i don't anticipate much buying before the vote