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Reposting this for any new interested investors:
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.
Chart looks better now let’s push into close
Late RNS alert
Looks.like upward momentum.will.come. there has been no sell off. Tells you all we need to know. Time to fire the starting gun
Torino said this morning the drilling will start in a couple of weeks and the mkt cap won’t stay down for long.
I posted this morning, it (TYM) had paused yesterday but would resume its upward momentum….
With the RNS I’m amazed … we haven’t gone higher .. but rest assured we will with the anticipation and FOMO that will come sooner rather than later… 11/12 is a snip ..3 million mkt cap has to go a lot higher.
I’m sure the buys will continue to come in as drilling progresses. Don’t forget the SP has almost doubled in a short time so there will be profit takers along the way.
I’m still expecting news of another JV before too long. They have already said there has been unsolicited interest in the other licenses and now the price of copper is taking off the interest will be stronger than ever.
It doesn't help when all of the buys are logged as sells.
Intraday RNS missed by most it seems. Maybe see real volume towards end of the week similar to RNS on 9th but volume spike on 12th.
Volume a must to get this moving now
Here we go
Fantastic news we’re already drilling…This really could go crazy if Kobold announce good results.
It is but market haven’t picked up on news surely…. Guess we will see some movement this avo
Still less than a £3M m/cap which is quite ridiculous.
I thought that this would start early as Kobold are a massive, very professional outfit. Super news.
Get ready for lift off! Good results expected but even before then they'll be the prospective chasers and a big boost
Drilling underway at Konkola West. 😀
Within the next two weeks we’ll get a rns confirming Kobold has started drilling…Our market cap won’t be around £2.5 million for long…
It paused yesterday… but there’s now only one way this is heading and today or tomorrow it’ll resume its paths north.
Grabbed a few to sell on the way up yesterday at 10.7 … so I can ride a few as well as hold the bulk. Don’t go missing out on this one .. it’s obvious and an easy play
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."***