Cradle Arc Share Discussion Threads

[lochlea] 05/11/2018 17:03

MCAP £2.8m

$2m loan from Director
+ £400k funding secured
Current Share price - 0.975p
52w lows 0.85
52w highs 11.75

Assets include:

1 - Producing Mowana Copper Mine in Botswana
2 - Zambian Matala & Dunrobin gold mines
3 - Mali Kossanto West Gold exploration
4 - Mali Kossanto East gold exploration
5 - Mali Karan gold exploration

Projects 1 - Mowana copper mine Botswana

▪ Mowana is a producing copper asset in Botswana; a low risk, mining friendly jurisdiction, in a favourable copper market environment

▪ Production ramping up to 12,000tpa Cu, and will reach an average of 21,000tpa Cu over a 14 year mine life following low capex Dense Media Separation (DMS) expansion project

▪ Estimated Net Present Value of US$272.8 million at an 8% discount rate and a copper price of US$3.00/lb Cu

▪ Cradle Arc is building on over US$170 million of investment by previous owners

▪ Rapidly delivering on strategy to re-position Mowana as a profitable, larger scale, lower cost copper mine:

✓ Debt reduced and restricted on acquisition
✓ JORC 2012 resource base increased to 55Mt M&I @ 1.17% Cu + 20Mt Inferred @ 1.08% Cu
✓ Maiden open pit Ore Reserve of 31.8Mt @ 1.17% Cu for 370,800t Cu - reported within 4 months of listing
✓ Accelerated development plan implemented April 2018 – mining rates to double in Q3 and hit full capacity in Q4 ✓ Recoveries being achieved to plan and set to continue to improve
✓ 4,000 tonnes of copper to be produced in H2 2018
✓ Cash generation to improve throughout H2 2018

▪ Mowana positioned for Stage 2 production expansion, leveraging management team’s has first-hand experience of installing and operating DMS units

▪ Near mine prospective assets with potential add to production profile

PROCESSING UPDATE

• Processing optimisation is ongoing as the Company continues to ramp- up to steady state production

• Some sporadic interruptions occurred during July and August 2018

• Recoveries average of 51% for Q2 and Q3 reflecting predominantly transitional ores

• Recoveries of up to 76% still expected to be achieved in high supergene ores

• Recoveries expected to reach 85% as more sulphide dominant ores accessed

• Approximately 4,000 tonnes contained copper to be produced in H2 2018

• H2 production to be weighted to Q4 as ore type processed moves from transitional to supergene

Project 2 - Zambian Matala & Dunrobin gold mines

Option Agreement – July 2018

• Non-exclusive option granted to Singa to acquire Luiri (100% owned subsidiary holding the Matala and Dunrobin licences) for total cash consideration of US$2.5 million

• In addition, Cradle Arc will receive a royalty of 1.5% of gross revenue up to a maximum aggregate amount of the Net Present Value of US$2.5 million, discounted at 8%.

[1rodson] 03/11/2018 09:13

The above was posted just under three weeks ago When I said sell the thing. Today many wish that that had.

Have a great WE chaps

[lochlea] 02/11/2018 12:40

Looks like quite a few short-term & small-time gambling traders banking a loss and moving on.

This really needs at least a couple of months for corporate matters to become clearer imho.

PoC having a bit of a bounce.

[1rodson] 01/11/2018 22:25

just goes to show you can't get it right all the time lolololololololololol but 99.9% will do for me lololololololololololololololol

but the abysmal share price of Alecto as it was and CRA as it is, just shows it was not worth the bother....which was the crux of my message.

relisted at, what was it, 7p or thereabouts and now under 1p and still not hitting production targets.

THIS ONE IS FOR MUGS ONLY!

[lochlea] 01/11/2018 20:43

What a boring lying snake in the grass Ms "I'm always right" actually is.
Did ALO shares relist???
Yes they did.


1rodson 16 Dec '17 - 09:42 - 637

All I can do is to reiterate a ...UK LISTING IS NOT GOING TO HAPPEN.

Shareholders can dream if they wish but soon the reality of the situation will eventually bite and the dream will become a nightmare!

But that said its not as if you guys were not warned.

1rodson 18 Dec '17 - 13:30 - 638

My view is, and always has been that ALO even in Its cradle won't get a UK listing...just sit back and watch.

[1rodson] 01/11/2018 19:10

ended the day down a tad I see,

lochlea says its a new company well on paper it may be but its the same old Alecto wearing a difference hat. Alecto screwed up big time and failed to get CHINESE loans that it said it had secured, its reputation was shot and it could not go on...Solution a name change.

Zambia Copper Investments (ZCI) has announced that Leboam Holdings has made a bid to acquire Messina Copper’s assets.Leboam Holdings is the preferred bidder for Messina Copper’s assets and is owned by Cradle Arc Investments. Cradle Arc is newly registered in Botswana and was established for the purpose of the transaction; it is wholly owned by PenMin, a South African company that offers mining, infrastructure and construction business solutions.

ZCI further said that ZCI will become a shareholder in Leboam when its acquisition of Messina Copper becomes effective. ZCI is the holding company of African Copper Investments, which holds Messina Copper.

Leboam’s acquisition of the Messina assets are subject to certain suspensive conditions, including approval by the Competition Authority of Botswana.

lots of vague wording but to they hide the fact that its the same old Alecto owners pulling all the strings PENMIN AND DIGMIN

lochlea says its a new company I say its no, just a name change....my proof is right here

LETTER FROM THE CHAIRMAN OF THE COMPANY
CRADLE ARC PLC
(formerly Alecto Minerals plc)
(Incorporated under the Companies Act 1985 and registered in England and Wales with registered number 05315922)
Directors: Registered Office:
Toby Howell (Non-Executive Chairman) 47 Charles Street
Mark Jones (Chief Executive Officer) London W1J 5EL
Dominic Doherty (Operations Director)
Roger Williams (Non-Executive Director)
Kevin van Wouw (Non-Executive Director


AND THE MORE YOU DIG THE GREATER THE CORPORATE INTRIGUE,

DON'T TOUCH IT UNTIL THERE IS MORE CLARITY.

[lochlea] 01/11/2018 13:31

Yip - it's ALL about production levels here. Regularly achieve targets without any operational problems and this will multi bag. If not, it'll tank.

It's too early to say how it'll pan out. Share price could go anywhere until situation becomes clearer.

I post critical/negative comments on BBs - but I only do so where/when I am a bona fide shareholder. I feel that gives me the moral right to criticise the management.

To just post 100s of negative repetitive posts on a stock you don't have a position on virtually every day/week/month. That's sad and for someone who needs mental help.

[ileeman] 01/11/2018 13:17

It seems some are bitter about the past performance.

Clearly a new company with new vision, although I expect most will not look at current fundamentals they will just dwell on the past.

No denying poor performance to date with operational issues but they are now sorting the plant issues and then will continue to ramp up production.

If next update is positive regarding mine/plant fixes then you are looking at £10million mcap for starters, if they continue to ramp successfully you can double/triple that longer term as cashflow they will be throwing off will be huge.

[lochlea] 01/11/2018 12:45

Yeah, yeah - he's always right. Always has to have the last word. Prime condition of OCD.

But he wasn't right about banging on & on & on about the Company folding & never relisting. It got rescued by KvW and close associates (and that doesn't include MJ).

Now new Company plus new CEO. KvW has much invested in terms of his personal expertise & financial input into the new Company. Unlike MJ.
I have no idea if Kevin will make a success of it. But I hope he does. Next few months will be key. And to that extent what went on in the past with ALO & MJ & rodson1 is largely irrelevant. And not worth boringly repeating over & over again.

I followed ALO for 12-18 months and never invested in ALO. I saw the obvious flaws. But I didn't bang on & on & on about it!!! About being right not to invest!!!!

[1rodson] 01/11/2018 12:40

red rock I have found that anyone with the sense to agree with me does so then I suddenly be come them or them me which ever perspective you use.

lochlea has no clue what he has put his money into. I tested him with a few simple questions and he failed to answer. To me that means his investment criteria is based on speculative greed and nothing else and upon this he keeps plugging CRA, REGRETTABLY THERE ARE OTHER THICKOS WHO LISTEN TO HIM.

THERE REASON I HAVE BEEN ABLE TO CALL THIS RIGHT AND THE FURTHER FALLS TO COME.....IS DOWN TO PURE IN DEPTH RESEARCH.

I take a lot of stick but its well worth it if I can save a punter a few bob.

[red rook] 01/11/2018 12:15

lochlea,

I did not intend to upset any holders here. I am not a holder of CRA, but I was a holder in ALO before its delisting and change of name to CRA. I did lose some money on it so do appreciate the pitfalls that comes with investing on AIM. Not least the 'mis-actions' of AIM BoDs.

I appreciate that 1rodson, and his posts, are not to most posters' liking. He was banging on in the same manner with ALO. BUT give him some credit, he has been proven to be correct. I don't think that his posts have any effect on the shareprice. That is entirely down to the BoD.

GLA

[lochlea] 01/11/2018 11:34

red rook (aka rodson1)

Funny how you have such knowledge of this Company yet above is your maiden post never having posted before on any of the CRA threads on this BB before?

What a tit. You need to get a life.

[red rook] 01/11/2018 01:35

1rodson,

Good to see that you are still keeping the flags of discontent flying here. Seems that CRA is as big a disaster under Kevin van Wouw as Alecto was under Mark Jones !

You certainly have been consistent in your views over a long time. You should get credit in predicting that the share price would fall to these levels.

If the shareprice remains depressed, or falls further as a result of more set-backs, then I wouldn't be surprised if the company wasn't delisted AGAIN, and taken private. Kevin (PenMin) and the other two major investors have around 51% of the shares. They may soon conclude that this is the best way to preserve their own interests, and engineer another shafting of PIs. It shouldn't be too difficult. They also have Mark Jones around to instruct them how best to do it. He managed it with ALO with no controlling stake !

GLA

[1rodson] 31/10/2018 22:44

Now below 1p expect further falls over the coming weeks.

Lochlea is it easier for you to filter me than answer my simple question like any reasonable shareholder would do.

Or could it be that you just don't have a clue? And it was greed rather than skill that you based your decision to pay way over the odds to buy this dog?

[mcdouglash] 31/10/2018 16:09

Placing Shares to be admitted to trading on AIM ('Admission') expected on or around 7 November 2018.

[lochlea] 31/10/2018 12:35

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[1rodson] 31/10/2018 11:45

Lochlea I trust that name calling makes you feel more like the man you could never be.

Why should I be wetting myself.......the dog is only barking as I said it would. In other words it's falling to where I said it would be and if my charting is right it has further falls to make.

Then. And only then will we be able to assess what the CEO is made of.

Meanwhile as the share price crashes it will probably be you that is "shifting" yourself.

[1rodson] 31/10/2018 11:39

You guys need to look at the history of the dog, it's still Penmin no matter how it tries to disguise itself.

The only thing this charade of a mining company has ever produced is CASHCALLS and that is a fact, go check it out.

If the company had not found its suckers like Lochlea it would have gone bust a long time ago. It's run on air and a hole in the ground that has always lost money!

[ileeman] 31/10/2018 09:57

@locklea

Apparently they wanted to raise more cash and they very much could of if they lowered the price further so good to see they did not.

So good and bad to take from this, all in all more cash to sort out operational improvements.

But agree on your comment regarding CEO has got what it takes...just look at his background, exceptional.

[ileeman] 31/10/2018 08:54

2 more top ups this morning.

My thoughts on placing are good and bad, I understand the need and gives them more of a safety net, regarding price not the best but I tell you what in this market that can be considered very good in comparison to others.

Nice director statement caught my attention hence why I added.

[nick rubens] 31/10/2018 08:51

What kind of placing is it? Has it been forward sold? cheers NR

[1hopefultrader] 31/10/2018 08:46

this is not going to plan