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Why are you so concerned in who posts what when you are not even invested here?
News - I have read many of your posts over the years, going as far back as SOLG (at least 10 years ago). Back then you posted the same very long but very well-researched posts. That prospect was a success, though they did have prior drill results which indicated that there was more than a fair chance of the drill hitting the copper/gold target.
More recently you posted the same long and well-researched posts on the Power Metal (POW) board when they drilled the nickel prospect at Molopo Farms in Botswana. That unfortunately has not proved to be a success.
Even more recently you posted a lot of similarly long and well-researched posts on the Empire Metals (EEE) board before their drill at Pitfeild where there was a strong copper prospect. They didn't find any copper but came up with a huge titanium deposit, though that didn't appear to have any interest to you.
As far as I know, Tertiary's acreage hasn't been previously drilled so there are no drill intercepts to show that the high-grade copper deposit will continue into their acreage nor has there been any seismic or similar to indicate a continuation of the prospect. That means that this remains a purely speculative drill.
The good news is that TYM have a very efficient and well-financed partner, who is likely to get this drilled quickly so there will not be too long to wait around to see if this is going to be transformational for Tertiary but in the meantime there is certainly no guarantee of success so the less rampy posts the better please.
ATB
Torino,
Thank you so very much for kindly contacting Mr Patrick Cheetham re: the Kobold/TYM drill. I was going to tweet to TYM or email given Mr Cheetham is always very courteous and kind to respond. In relation to the Lower Roan formation, they have already reached this formation at KONKOLA WEST , Zambia. It is also an industry standard to take a standard type pic of the CORE, the main partners in front of ze cores and the background must be the DRILL rig. All standard. To top it all, Mr Cheetham stayed in lovely camp quarters instead of sleeping on a camp bed in a tent as did Minchin of Helium One. The burning question is what is in those cores given Murtila found copper at the Lower Roan at 133m. So, all this pics by Kobold and copyrighted to them was the reason why I wanted to email Mr Cheetham. But you saved me the trouble and I hope you dont mind if I give you attribution when I post it to the other forum folks. Thank you again. News, Mon, 29.4.24. Thanks to those who put a good word in for me. Recommend.
The trades going through @ .91 are buys, just to clear up the confusion if anyone's thinking of buying. The 1M trade @ 15.41.05 this afternoon is mine and it's a buy.
I'd hardly call it wishful thinking. There's plenty of nearby drilling and active mining to form a geological model / models of the area. They are drilling to test those models.
There's more than Konkola West in play here as well, I expect further drilling on at least one of their other licenses this season with the potential for further JV's still to come. Plus Storuman of course, a decision on that could come at any time.
You apparently are not a shareholder... your choice. I think there's enough in play here to be invested and I will continue to be so (and more than a few hundred quid too!).
ART, have been here in this dog 7 years, seen endless ramping over previous projects and this is no different, agree with everything you've posted today, would have said exactly the same thing, but couldn't be @rsed in all honesty. This copper play could well prove to be the one, if drilling proves successful and despite all the technology kobold possess, all the twitter ( or x, or whatever the hell it's now called ) posts and site pics mean nowt, until the results come through. Those photos could look pretty stupid if it proves to be a dud. Did cheetham go over there for a reason, ?? have they hit copper early in the drill, ?? exited they may be, but i want the RNS telling me first, before xyz on the share price. Hope it all comes good, but means jack until it does..
As I said in my post earlier Tertiary Minerals and Patrick Cheetham in particular are massive underperformers - hence the £2.5M m/cap - and it will be as much a surprise as anything else if this prospect comes good. But with no previous drilling of the TYM lease and, as far as I know, no seismic or geophysical surveying it is at the moment just wishful thinking.
Fortunately, it is wishful thinking on Kobold's part and they have the deep pockets to give this a good go but I still won't bother to get too excited unless or until they make a discovery.
It is one thing to be excited but another altogether to hit the high-grade copper.
Had an email from Patrick saying everyone at KoBold is excited regarding Konkola West. If they are excited about it, that will do for me, roll on the results and if they are good, it will life changing.
It was the Swedish government that ordered the Mining Inspectorate to review their decision, "in the national interest".
To be honest any one of the projects coming good should put a rocket up the share price. As part of the JV with KoBold, they are potentially looking to spend US$6m on drilling... that's 3 times the current market cap!
The share price was considerably higher before the Storuman license was cancelled but to balance that the number of shares in issue has massively increased (something like 8x I believe).
Isnt the Swedish flourspar the "holy grail" here? Massive deposit of high demand material but the Swedish government care an awful lot about the reindeer on top
But either way the lack of movement on the share price if it was a sale indicates MM’s are happy to take shares, always a good sign.
Not looking at the time of sale and share price at the time. Was a buy.
That was a sell I believe. Probably more placing shares being sold off. The placing was done at 0.08p so they aren’t making a whole lot at the moment.
Surprised we didn’t hear anything else from PC out in Zambia. Has he headed back to the UK already? Staying in Zambia for meetings? Maybe we’ll get an update today.
Expect some big buyers coming in this week
Someone loading up?
All I know is that when we get some positive results this will be the same as a carton of Pringles…..’once it pops it just won’t stop!’
News soon hopefully :)
I think it's worth reposting this summary for any new or potential investors, for a company with such a tiny market cap they have a number of projects, any one of which could be a catalyst for rapid growth:
"Obviously focus is currently on the active drilling at the Konkola West license by KoBold Metals. This will test 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 has previously mentioned that there has been unsolicited JV interest in the licenses from “major mining companies”.
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."
As for tym, they were unfortunate with regard to Storuman as they took it to a scoping study, however the award to Rockhopper in regard to their Italian assets sets the precedent that ought to mean that companies that lose their licence after paying development costs can claim for the full amount of a licence. However the issue has been referred backwards, but there needs to be a transparent timeline for the situation and pc ought to insist on a timeline.
Wind your neck in Art, everyone is allowed to post, on topic, even if it is rambling
Art, am I right in understanding that you are not invested here and plan on waiting for results before investing?
If you had bothered to do as much research into Tertiary Minerals as you have into Kobold and copper, you would realise that TYM have been listed on AIM for around 20 years with Mr Patrick Cheetham in charge for the whole time. During the 20 years, they have done nothing except raise lots of cash to pay the wages, while they have pottered around on various projects in Scandinavia and the USA, achieving next to nothing along the way and having more than their fair share of bad luck - in as in the Storuman Fluorspar Project in Sweden.
This is a quite remarkable prospect for such a small company and IF the copper continues onto TYM's acreage YES It will be transformational BUT there is no guarantee that it will and after following Tertiary's progress from a distance over many years it is not one I would put my money on in advance.
Please be a good fellow and keep all of your well-meant but badly timed research to yourself for now until we get some results from the drill, at which point we will all be able to see if Tertiary and their long-suffering though adequately paid Executive Chairman not to mention the shareholders are going to get a remarkable change of fortune.
AJMHO
News - you are a bit late finding this share and prospect and while all of your posts are obviously well-researched and I am sure quite genuine, this has all been discussed already.
No matter how much copper has been discovered next door to Tertiary's acreage, it doesn't give any value to Tertiary unless the copper continues into their land and unfortunately, nothing is guaranteed. The drill is now in progress, most have derisked here and are quite happy to wait and see if copper is discovered. Why don't you just do everyone a favour and keep all your thoughts and research to yourself for now until we get some drill results. Then, subject to there being a continuation of Kobold's copper, you can come up with all of your excellent research and posts and no doubt they will all make sense but otherwise you are just banging on and being very annoying while everyone is quite happy to sit around for a few weeks to see what the drill results come up with.
from the tertiary minerals site on konkola west/kobold:
"the co has acquired gravity and airborne magnetic data for the konkola west licence from kobold metals. interpretation has now identified areas in the north & northwest of the licence where the ===lower r o a n
formation ----**the main host to copper**--may be **shallower** and less steeply dipping t h a n the eastern side of the licence."
stratigraphy drill on konkola west @nck40 @sample nck40-844 showing bornite, chalco & moly.
https://www.researchgate.net/figure/stratigraphic-setting-of-the-konkola-west-sample-a-simplified-map-of-the-konkola-dome_fig4_315946838 ["fig 4 shows nck40-844 c o**** bornite,chalco & moly at around ===750m=="upper roan formation."
same ref: bottom, click chart 3: shows copper hit [denoted in key] at "upper roan formation at around ==750m== and ***== 3 copper mineralisation hits***==== at /within ==*****130m-150m===lower roan formation."***
@mulfira. mulfira and kinkola west per the pic at this same link :stratigraphy map kinkola west both sit on the roan formation.
tertiary minerals on twitter:
tertiary minerals rns, 24 apr 2024: kinkola west, zambia jv with kobold has reached 150m. this is the lower roan formation where tertiary minerals themselves stated they are targeting in the 1st drill by kobold and where copper lies at and is shallow [see above from tertiary site].
picture of patrick cheetham, ceo & geo at kinkola west, with partners "kneeling" in front of a core tray with ==3 cores== and in the background the new drill rig bought by kobold at kinkola west jv, zambia. cores. link to pic: https://twitter.com/tertiaryplc/status/1783037674644705722 dated 24 apr 2024. of interest: this pic was tweeted by tertiary but the notation on the pic side states; "kobold metals" which means copyright is from kobold of mr cheetham and partners who own the kinkola west licence.
interestingly, mr cheetham shows he flew out to kinkola west, zambia on 23 apr 2024 and pic above taken 24.4.24 and then tym rns: 150m hit at kinkola west, jv with kobold with pic taken by kobold as above.
question: since tertiary minerals stated themselves , the jv is targeting the lower roan formation. for clarity:
the roan formation has 2 parts: lower roan and more shallow and has copper mineralisation within 130-150m per tertiary and upper roan formation where there is also copper at around 750m [kinkola west stratigraphy drill hole 1 at nck40 and nck40844.
in simple language, with proofing from above, has tertiary & kobold hit copper mineralisation at 150m of the lower roan formation which tertiary stated they are targeting from gravity and magnetic data? tertiary stated fact, lower roan is where the copper lies and this is the characteristic of the roan formation consisting of lower & upper roan, both of which has historical and geological copper mineralisation. so, over to mr cheetham, ceo : question: has tym/kobold hit copper at lower roan, kinkola
I have just listened to the Tertiary Minerals Investor Presentation on the EARN-IN with KOBOLD. Link: https://twitter.com/Tertiaryplc/status/1737763462145577442 21.12.23
Some highlights: Towards the end: Any more JV's? CEO: He cant say of course so he said wait and see. However, Cheetham said that there is "INTEREST" and co "scrambling". CEO said he leaves it up to shareholders because OTHER CO's in Zambia, mkt caps higher kinda of thing.
😊😊😊😊😊 SP Angel slide: BUY: TYM EV: $4m,Median EV $18m & MEAN EV $24m ==AT THIS STAGE==. I could NOT find the SP Buy targets as one has to sign in but was given in the presentation. LOL----Goldeninvestor asked me price and I said AFP £4.5m mkt cap and ACRM £24.5M [JV with First Quantum & Anglo American respectively]. SO, IT IS THE SAME METHODOLOGY as SP Angel using PEER BENCHMARKS!!!
CEO DISCUSSED ALL THE PROJECTS: He explained that in the ZAMBIAN DOME REGION, all are 1bt tonne, 3/4bn tonnage but LOW GRADES FOR COPPER for this dome area. At Konkola West area [Kinkola etc the copper grades are higher.
Mr Cheetham explained the TYM MUSHIMBA , Zambia, it is an IOCG project [like Australia and Canada type?]. For TYM MAPULA, it sits right at the edge of ARCM/AA. For TYM MUKAI, FQ's TIROSA comes into their licence. Also, Cheetham said FYM has 2 co-operative agreements with First Quantum and that their Panama copper project has been seized. CEO also talked of Nevada.
I am posting the above because my OWN PRICE work must be CHECKED if any broker note is available. SP Angel did their initiation note on 6.11.23. So, folks , there you are : PRICE METHODOLOGY all standard for BROKER NOTES and investment bank notes. How? There is PEER comparatives as the BENCH-MARK. IF, KONKOLA WEST HIT in the best scenario etc, then M & A is the benchmark [2 ie Kobold buying into Mingomba, next door to Konkola West and First Quantum buying Kulumbila from Colin Bird 's Kiwara plc for $265m USD in similar fashion.
That's all. I could not summarise as I had not got all the info at once but posted stage by stage. Sometimes, it takes weeks, sometime months to gather the info. Research using article, data is NOT scraping as 1 called it. Scraping is only if one has a SEARCH ENGINE and obtains whole files of data loading to use for a search data bank. Eg taking everything from Twitter data bank was said to be "scraping" but individuals taking part of info is not so and never considered such. So, just a missed conception. News, Sat, 27.4.24. That is all from me. History will record what happens next. NIA. DYOR.