Arc Minerals Share Discussion Threads

[dmitribollokov] 01/3/2019 14:48

New management and team behind this now, the past is the past, the assets AND management are now good.

Px action had been a bit annoying last couple of weeks, but still think this re-rates fairly soon. Recent placing to 2 new kosher investors (2 family offices, not some churn and burn eye-gougers like darwin) and the rest to management. Arranged without fees. Keeps it going til the other non-diluting cash injections come on stream. More than happy with that.

[the_boy_plunger] 28/2/2019 20:17

just a thought (obviously bit tongue in cheek..........redirected entire AIM minis mismanaged investment funds could of cornered the PM market assisting price rises, including the continued lack of supply of eligible new prospects (eventually for the big guys), although most have failed, Ooops, digging deeper holes, but look on the bright side. there is always tomorrow...........LOL

ARCM been operating since the stone age (previously Ortac n Templar Minerals 2007 ish recall, yikes!)
n considering the investment so far spent would ave been easier buying the paper, physical, etc. when some punter had a light bulb moment and stood at the top of a hole (shovel deep......

ah well......pointless spending more than u ever return?!

[fatboy1nc] 28/2/2019 13:45

Mr l.500k @11:50 are yours. Same mm

[fatboy1nc] 27/2/2019 11:14

Hi Mr L (250k) not seen you about on L2 for a week or so. But just seen... your still about.

[bigboyblue] 26/2/2019 08:35

If I remember correctly the problem with Sturec is that Slovakia won't allow the use of cyanide in the mining operation. Any purchaser would therefore either have to use a more expensive alternative method, or persuade the Government to change their minds. That's what is limiting the sale price. Casa should be much easier to sell, even in DRC, but NvS has to balance the need to sell with getting a reasonable price.

[cbeadle] 26/2/2019 08:24

I thought they had a mining licence for Sturec Divmad. However Slovakia like much of Europe does not seem to be especially mining friendly so I can understand selling it might be difficult to realise a good valuation. The hope now is for further promising drilling results in Zambia. The warrants are at 4.5p. Nick is likely to want to use his as a way of increasing his stake in ARCM rather than selling. They have to get way above 4.5p (eg6p or above) before any further selling pressures start, and by then we will be much happier!

[divmad] 26/2/2019 06:40

They won't get anywhere near what they hope for that Sturec asset until a full development permit is awarded. That is the problem for any buyer.

[divmad] 26/2/2019 06:37

In the meantime, it's placing after placing here. And the amount of potential overhead selling pressure from above market warrants, should they ever get close to being in the money, is getting silly.

[cbeadle] 25/2/2019 09:28

Selling Sturec and Casa for these values should provide a firm boost to the share price as it will be value realised; also it would show Nick has a focused strategy.

[cf456] 23/2/2019 14:41

"For Sturec I would have thought mid single tier digits, millions, pound millions. And for Casa I would say, low to mid double digit dollar figures."

"We want to progress those non-core sales obviously as soon as we can but for value and that will obviously provide a huge fillip for us to get going on potentially other targets as well, but also enable us not to go back to the market for any future raise."

(from 18:42)

[cf456] 23/2/2019 14:32

"We are also working on selling both Sturec in Slovakia and Casa in the DRC. Interestingly with the stronger gold price environment that we are seeing and perhaps also the bigger M&A transactions that happened earlier in the year in the gold space, we are seeing heightened interest in both these assets and I'm quite encouraged by that."

"Suffice to say that if we sell one of these assets, we certainly will be good until 2020 in terms of our cash position. So we're working hard on that and we will obviously try to eke out the best possible deal for shareholders."

(from 8:25)

[bigboyblue] 23/2/2019 07:11

Link for Thursday's investor call:

[ih_140496] 21/2/2019 23:27

Rumours on the LSE discussion site about sale of both Sturec and Casa, amid increased interest for such projects. Sturec has mostly seemed dead in the water, like the locals don’t particularly want it. Casa on the other hand could yield considerable value and keep the drilling program in Zamsort alive in 2020.
If sales are to happen, definitely clever timing to engineer a placement, because a sale for Casa would surely afford a good uplift in the share price valuation, even if only £15m. This probably would catapult the warrants at 4.5p into the money giving more cash for the balance sheet. Granted it would benefit those taking part in the placement by far the most but equally the share price needs to well exceed 4.5p for that to be the case.

[richardjohn10] 21/2/2019 13:19

What's with the price drop?

[cpap man] 21/2/2019 10:50

ARC Minerals* (ARCM LN) 3.1p, Mkt Cap £22m – Sale of Andiamo stake for $0.25m

ARC Minerals reports it has agreed the sale of its stake in Andiamo Exploration Limited for US$250,000 in cash to Emerald Ex B.V.

The company also reports it has dropped some 465sqkm of the Zamsort mining license area as required under Zambia mineral legislation.

The stake has been dropped into vehicle called Zaco Investments Limited, a private Zambian registered exploration company where ARC Minerals holds a 42.5% stake and where Nick von Schirnding has been appointed as Chairman.

Zaco Investments is currently considering a range of options including an option to bring in one or more joint venture partners into key targets within this substantial and highly prospective license area.

Conclusion: Its nice to see more cash in the bank for ARC Minerals and its good to see the company retain a meaningful stake in the license area which it had had to drop under the ‘use it or lose it’ mineral legislation.

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

[cf456] 20/2/2019 16:20

"#copper on the move good news for #ARS & #ARCM with T1 management capable of maximising the potential opportunities"

[cf456] 20/2/2019 09:25

Follow the money....

"We have struck up an excellent relationship with a Swedish family office that came back in again and offered us funds over the weekend, and we have also been building a relationship with a Middle Eastern family office group who became shareholders over the weekend. This support is excellent to see."

"Last weekend’s placing also received a great deal of support from Arc’s board. Indeed, von Schirnding, COO Vassilios Carellas, CFO John Forrest, and non-executive directors Don Bailey, Mumena Mushinge, and Brian McMaster together subscribed for c.£113,000 worth of shares."

[burtond1] 20/2/2019 07:43

https://total-market-solutions.com/2019/02/20/1714/#ARCM surprised investors on Monday with news that it had raised £2.2m ($2.9m) over the weekend through a private placing at 3p a share...Here, executive chairman Nick von Schirnding talks through the importance of institutional support to @arcminerals

[cpap man] 19/2/2019 11:10

ARC Minerals* (ARCM LN) 2.95p, Mkt Cap £21m – £2.2m funding

ARC Minerals report the placement of £2.2m of shares at 3 pence per share.

The shares come with a warrant exercisable at 4.5 pence per share.

The CEO, Nick von Schirnding has also agreed to acquire 2.33m placing units at 3.00p/s taking his holding in the company to 15.9m shares 2.26% of the enlarged share capital.

The CEO will also hold some 16.18m warrants effectively raising his potential stake to around 4.5%.

Other directors are also subscribing for shares in the placement.

We are waiting on news of first copper / cobalt concentrate production from the ARC’s Kalaba mine in Zambia due imminently.

We are also waiting on further news relating to the newly identified copper / cobalt targets within the broader exploration license area.

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

[dmitribollokov] 19/2/2019 10:32

Money coming feom management and 2 existing family offices (one anne gloag?) happy with that, should keepnit going until the other sources of cash become available. Still a relatively small amount of shares outstanding.

[sleveen] 19/2/2019 10:31

Walter

Just rebuffing cpapman/dmitri's comments.

GLA.

[walter walcarpets] 19/2/2019 09:24

fair do's sleveen but blowing your own trumpet is ungracious. Let me guess your reply: If I don't blow it, nobody else will.

[the deacon] 19/2/2019 09:06

GEO is a cert..