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Obviously focus is currently on the upcoming drilling at the Konkola West license by KoBold Metals, which will check for a deep extension to the ore shale which hosts the recently discovered Mingomba high grade deposit and several operating mines. That's not the only string to the companies bow though. Here's a quick guide to the other Zambian licenses, rather than me typing it, here are some video presentations the company did:
Jacks project: https://x.com/Tertiaryplc/status/1726875006255194188
Mushima North: https://x.com/Tertiaryplc/status/1714543279717363797
Mukai: https://x.com/Tertiaryplc/status/1701903712094929119
These are the licenses that were recently re-negotiated with the local partner to bring them all under the ownership of TYM and make it easier for any potential JV's. All of these licenses are drill ready.
The company also has 100% ownership of the Mupala license which is directly adjacent to the Anglo American / Arc Minerals JV and very close to where Anglo have been drilling.
In addition to the Zambian licenses there is the Storuman fluorspar project in Sweden. The license for this project was cancelled several years ago by the Swedish Mining Inspectorate but last year the Government cancelled the annulment and asked the Inspectorate to reconsider the application. Should this be approved it will certainly have a positive effect on the SP. It's now more than 6 months since this was announced so we could hear something relatively soon.
There are other licenses in USA but they seem to be on the back burner at the moment.
Up, down or level today , who cares. Once results from drill cone in , it’s 1p plus and today’s sp will be a thing of the past.
Google says opened at 0.11, closed at 0.11. LSE above says less actually down -2.33%.
The experts on here need lessons on reading RNS's.
Lessons on we have no plans for Sweden.
Lessons on being able to read full stop.
OMG I can hear the trolls typing already......
Up another 2.7% today, timing of this drill is almost perfect.
Weekend press
Https://www.share-talk.com/traders-cafe-with-zak-mir-the-week-in-small-caps-sunday-14th-april-2024/
TERTIARY MINERALS
At first glance it did not appear that 2024 would move the dial for Tertiary Minerals (TYM), with a business as usual £375,000 fundraise in February. However, 6 weeks later the shares are one of the best risers of the week off news of consent to the EIA which provides for KoBold to earn into Exploration Licence 27067-HQ-LEL known as the Konkola West Copper Project in Zambia. While there have been various false dawns for TYM along its journey, the latest for Zambia appears significant, and enough to finally get the shares to go up and stay up.
I think there’s a good chance of another JV n why not again Kobold? The housekeeping RNS stated...
“This new agreement simplifies our corporate structure in Zambia, brings forward our 90% ownership holding in all three of the Licences and ****creates a vehicle by which the partners can better consider joint venture approaches from third parties on the Licences."***
Well I'm tempted to buy more but with a five figure (I once upon a time) sum at an average of over 8p I'm not sure I'd like to risk much more. I put a few hundred in a couple of months back at a higher price than it is now to get my average down but this is still very speculative in my opinion. I've been here more than most and I suspect have been burned more than most. Stick or twist again hey. :)
Absolutely Torino …. couldn’t agree more, it’s mental our mkt cap.
There is a reason however, first of all that it’s got to this point and even got as low as 0.06 and that’s because, if the light at the end of the tunnel never gets any closer and you just get raise after raise after raise (and you start to look like a lifestyle company) punters get frustrated and move on, bulletin boards become soured as the sentiment is just people moaning and slapping each other on the back, with wise words as they exit.
There is also now a reason why the SP has become laughable, absolutely un fathomably low if it wasn’t for that historical position and so low it makes no sense.
Thats that if this work being done together comes up with ‘anything’ (and with the use of AI and mapping I really can’t see it) then we are absolutely re rating to way way higher.
What’s going on was discussed as ‘transformational’ in the RNS … well it certainly is …. If you think the company are lieing or bigging up their part, one is right to overlook TYM. If FINALLY we have something happening in conjunction with a major player with BILLION pound enterprises going on either side … then the share price is
1/ Daft
2/ the best chance of a ten bagger+
3/ correct as it’s “all hot air once again, and an excuse to tee it up for a load more raises” to keep mugging mug punters like me !!!
I am adamant at 2.5 to 3.0 million mkt cap … it’s not C
Kobold investing 2 billion dollars next door, Vedanta spending 1 billion dollars on the other side. Yet tiny TYM - about to start a mega drill with Kobold this month - is worth only £3 million. This is a potential life changer and still at the start of its journey. Remember a kobold use AI to select the sweet spot (which they’ve already done) , so now just wait to see the grades when they come through.
Unlucky earl of lame. This will double again next week.
Your post has made my day as you must be very happy with your huge profit . What a plonker and do you really think the big players will sell out on next rise. Sell out on next rise will only be the 10%ers like you.
I’m sure everyone knows EoA’s mo by now, he missed out here yesterday and again today…
Janet2007 is a BOT account, suggest reporting all messages to get rid of it
So what's coming up next week for huge rise?
click on my name to see what I'm in for big rise next week.
rns mentioned the time line
Well done earlofaim thats how it should be played. Ive learnt from my mistakes with this share.
Sold earlier from 0.8p 2 bought 2 days, going to use it on another company as TYM has few weeks to start drill Konkola
bored holders will sell and chase the next Riser
GL
Careful with this share people, don't get caught out with the rampers, they are the ones selling. None of these guys were nowhere to be seen when the price was 0.6-0.7 now all pop up ramping to high heavens.... That should tell you all you need to know.
There's no need to spam the board. Lets collect all of our thoughts into one message.
Hitting a new year high too
https://tradingeconomics.com/commodity/copper
The Konkola West Project is targeting projected deep down-dip and along-strike extensions of the contiguous Lubambe-Mingomba-Konkola copper deposits to the east of the Licence and which extend north into the Musoshi mining complex in the Democratic Republic of the Congo.
Together these deposits comprise a 15 kilometres long continuous zone of mineralisation that contained a pre-mining endowment of over 775 million tonnes grading 2-3% copper. Konkola West, is located approximately 2,000 metres southwest of the Mingomba deposit, which lies between the Konkola and Lubambe mines, and has historic resource estimates with around 9 million tonnes of contained copper....game changing potential
The upside potential on this could be 0.40 now that would be game changing ....what do you think?
Day has massive potential and upside over the next few weeks