Arc has recently signed an agreement with Anglo American (LSE:AAL, Market Cap $45bn) on a JV for its highly prospective Zambian licences (subject to final due diligence). The deal sees (3) main staged payments of up to $74m in the ground and $14.5m to Arc (by end of stage 1) and significantly leaving Arc with a 30% stake in the project. On a detailed reflection over the deal we want to reiterate how positive we see this is for Arc: i) Arc could never have raised this sort of capital to bring exp ....
24 May 2022
Arc Minerals (ARCM) - Reflections on the recent Anglo American JV – a very positive move
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Arc Minerals (ARCM) - Reflections on the recent Anglo American JV – a very positive move
ARC Minerals Limited (ARCM:LON) | 1.7 0 0.0% | Mkt Cap: 24.9m
- Published:
24 May 2022 -
Author:
Paul Smith | David Seers -
Pages:
5
Arc has recently signed an agreement with Anglo American (LSE:AAL, Market Cap $45bn) on a JV for its highly prospective Zambian licences (subject to final due diligence). The deal sees (3) main staged payments of up to $74m in the ground and $14.5m to Arc (by end of stage 1) and significantly leaving Arc with a 30% stake in the project. On a detailed reflection over the deal we want to reiterate how positive we see this is for Arc: i) Arc could never have raised this sort of capital to bring exp ....