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Started: Auc1, 20 Jun 2024 11:31
Last post: Pandy2, 20 Jun 2024 22:36
Time will tell. And idea re Stourman news? :)
TYM £3M MC
Are there any better ‘short term’ potential 10 baggers out there?
I’m struggling
Copper prices and land grab for copper going bonkers.
This has to re-rate surely.
Started: MSA, 19 Jun 2024 09:01
Last post: MSA, 19 Jun 2024 09:01
JCHX closes in on Zambian copper mine deal as China tightens Africa grip
https://www.xm.com/research/markets/allNews/reuters/jchx-closes-in-on-zambian-copper-mine-deal-as-china-tightens-africa-grip-53863470
Started: Sharedealer2019, 18 Jun 2024 15:51
Last post: Sharedealer2019, 18 Jun 2024 15:51
Not us but interesting …as involves Kobold
https://modernminingzambia.com/zambia-anticipates-2-3-billion-investment-from-kobold-in-major-copper-mine/
The point is, they have no idea how deep the ore shale is in that area, assuming it's there at all, that's why they are drilling, to find out and at the same time improve their AI models for future drills. Mid June can only be an estimate if they don't know the depth of the target to start with. As KoBold said in their meeting with the President, this is the first ever hole that has been drilled on the Konkola West license.
Re drill info.
TYM will take their cue from Kobold.
TYM wont delay it. News will be released when Kobold say so.
Keep Kobold sweet etc
It clearly states in the May 21st RNS
" although the company estimates that drilling of KWDD001 will continue until mid june ( and that was the 15th ) with essay results to follow after that, however drilling could take longer or be completed sooner, depending on the thickness of the stratigraphic units yet to be drilled, as well as drilling conditions.
I would guess it may have taken a day or so longer maybe, but as essay results are to follow, give it a bit of time ffs.
Fully aware that things have been dire here in the past, god knows ive been here through most of it, but give them chance to report these.
Perhaps PC will inform us all ‘when’ it has indeed been completed! Perhaps they have not finished drilling as yet.
Patience people!
Perhaps pc should think a out informing investors when drilling has been completed and not just speculating if it has or hasn’t concluded ,
Started: mags999, 17 Jun 2024 21:18
Last post: BigFoot88, 18 Jun 2024 10:12
PC stated in a RNS he was expecting the drill to be concluded by the 12th June. He also said it could finish before or it could go on longer.
It's same with sres . Quotes and public announcements with timeliness that never ever arrive within the quoted time frames
Why is the share price down here?
Look at what’s been RNS’d over the years and what’s been achieved… might as well been a shell company (it’d have been cheaper for all the long suffering share holders) and come out of hibernation 8/10 months ago when this winter’s agreements were negotiated… that’s why we are down here.
What is going on currently… will be transformational for the share price as well as the company if they can finally get their **** together and start penning JV’s and progress that actually happens. Historically it hasn’t been like that. This next month could be very interesting. (But I bet they are late with results info and WHEN it comes as opposed to when it’s signposted to come) which again won’t help the share price
Why is the share price down here
The Mining Licensing Committee has just met and released their results for license applications. They will also have considered renewals although these don't get published in the results. If the Mukai renewal, which was pending MLC decision, has been approved in the latest meeting then the way should be clear for the Mukai JV to progress....
Started: Torino, 15 Jun 2024 13:28
Last post: SeisNav, 17 Jun 2024 11:34
Never trust someone who starts a post with, "No one here posting is going to make any difference to the share price". We are all too aware that these boards are a cesspit of lies and misinformation with the clear aim of manipulating the share price.
I’ve filtered Art just now, tick up if you’ve done the same. Trolls like him are irrelevant if you can’t hear them. Art is a proven liar and not even a shareholder, so why is here?!?
Art once again fact check your answers!
29th of May RNS
‘ Sweden
· Storuman Fluorspar Project contains combined Indicated and Inferred Mineral Resources of 27.7 million tonnes grading 10.2% fluorspar.
· Mining Inspectorate is re-examining its 2019 decision not to grant the exploitation concession following Government's annulment of this decision and has recently advised that a new decision will be made quickly.
· The Company has made a further submission to the Mining Inspectorate in support of this new decision, highlighting the EU critical minerals status of fluorspar as a battery mineral.’
Once again stop trying to mislead!
ART you are the perfect case for swallowing.
The Storuman decision was from 2019. The last update was from early September 2023. Months and years pass by with this company like days and weeks for most other companies.
There was a drilling start update on 16th April 2024 and one further update on 21st May 2024. So since drilling started there has been one update.
And you can stick your dodgy Twitter updates up you know where. The market will always be better without them thank you. Dodgy, dodgy, dodgy nonsense.
Started: Sharedealer2019, 12 Jun 2024 14:45
Last post: garymbrock, 14 Jun 2024 13:13
Yes we have all had lots of time to average down. The share price in no way reflects where we are now.
The share price is 12/14 BECAUSE of the perennial failures and inability to meet stipulations that came out time and time again only to limp to the next capital raise.
We should only be a week or two from news, and therefore at the very least FOMO and then inability to know whether the gradual share price creep that will come, is because people know something or indeed just potentially the outcome.
A 3.35 million mkt cap and with what your neighbours have next door buried in the garden, coupled with the ongoing drilling makes at the very least anything bought now a perfect entry/ average down point.
I have all my shares baring a T20 that I will be activating as that share rice creep begins. I intend to offload an equal amount of my holdings on the way up. Good luck everyone… but I doubt you are going to need luck … the good news (hopefully) will be in the drill results
Well if they are still drilling the first hole then they could be down to around 1700m by now. That's not unexpected given the depth of the Konkola Deep (AKA Kirilabombwe) orebody has been traced to 1400m depth at about 1500m to the NE of the license area and it's expected to dip further towards the SW.
If Kobold assays r good / or another free shot JV deal lands i'd be massively averaging down those lofty SPs - if you havn't already. get em within strike range for b/e. imo
Well I hope she didn’t buy as many as me! :)
8p
You are Lucky,My wife still holds some @ 12p
Yes thats 2 decimal places to the right of today's SP
Some chance of seeing that back!!!!
But we all live in hope! GLA!
Started: Sharedealer2019, 12 Jun 2024 12:38
Last post: SeisNav, 12 Jun 2024 14:07
All KoBold are trying to do is establish if the ore shale extends as far as Konkola West, they are not expecting to hit another Mingomba on the first drill. If they hit the same kind of thickness and grade as at Konkola then that would be a massive win as far as I'm concerned. Anything more than that would be amazing.
Let others chase the likes of CLON and EUA etc, if kobold hit the same as they did next door, we’ll be the biggest story on aim this year by a mile. Only a few days to find out, good luck all!
Looks like the £5k buyer is still loading up
Started: MSA, 12 Jun 2024 09:35
Last post: butch123, 12 Jun 2024 12:13
Yeah hopefully some news soon on drilling.
Today is the 12th June.... my guess is they have wrapped up the drill, we should be hearing from TYM any day now
Copper and lithium at the heart of new African investment
https://www.theafricareport.com/350804/copper-and-lithium-at-the-heart-of-new-african-investment/
Started: MSA, 11 Jun 2024 20:45
Last post: MSA, 11 Jun 2024 20:45
Started: lptuf93, 11 Jun 2024 15:08
Last post: Sharedealer2019, 11 Jun 2024 15:14
Also looks like we have a buyer building, lots of the sells going through seem to be being snapped up by a bulk buyer. Just an observation.
Looks like we're about a week away from the Golden Cross so technical side lining up with near-term newsflow. Just need that one big, positive RNS...
Started: Sharedealer2019, 10 Jun 2024 10:24
Last post: lptuf93, 11 Jun 2024 12:23
Definitely lucky. If news hadn't asked the questions, clearly TYM wouldn't have answered it in the RNS.
We should count ourselves lucky here - on this board that is. 'news' has only posted 39 times here over the last 30 days. The poor old regulars on the RRR board have suffered 416 of his very lengthy, arguably informative but immensely boring posts during the same 30 days.
OMG now we have the A-team here too with ‘ipitythefool’, what’s next :)
Brilliant Auc. Specifically Sunday PM. I remember it well. The teen dread of seeing Countryfile followed by Songs of Praise. Antiques Roadshow felt 'edgy' after that! Luckily my dad would always turn over to Ch4 to watch 'Baldrick' pottering about with Mick and Phil on Time Team! The days.
After “ News”
“Love joy”
Ffs it’s like 80’ Telly :)
Now u have me posting call me Antiques Roadshow :))
The Mining Licensing Committee (MLC) is overdue to release the results for their decisions on the latest batch of license applications. Hopefully Mukai will be amongst them when they do, I'm sure the license renewal will need to be confirmed before they can finalise the ongoing JV discussions.
Started: Brighty1, 10 Jun 2024 07:11
Last post: SeisNav, 10 Jun 2024 09:15
Not the RNS I was hoping for this morning but good news all the same. The Mupala license is within a few km of the area where Arc Minerals drilled some of the highest grade intercepts seen in the Domes region and also where Anglo American is drilling, looking for tier one deposits. The exposed Lower Roan geology which runs through the Mupala license is known to be closely associated with hydrothermal copper deposits which is why Anglo were keen to acquire it.
“We were fortunate to acquire the Mupala licence against stiff competition”
More good news from TYM with the commencement of exploration operations at the Mupala Copper Project....
Good luck, Brighty
Started: Sharedealer2019, 10 Jun 2024 07:09
Last post: Sharedealer2019, 10 Jun 2024 07:09
More good news!
Started: SeisNav, 8 Jun 2024 14:54
Last post: Torino, 9 Jun 2024 09:15
Fantastic find SeisNev, no wonder Kobold are excited and in a rush to get on with this drill.
I found an old map which shows the plans for possible development of the Konkola Deep orebody, including depth contours and dip angles at sections through the orebody. I've overlaid it here on the Google Earth map with Konkola West license and highlighted some depth points. It shows just how quickly the depth of the ore shale changes in some areas and why it's so difficult to predict at what depth they might intercept it! One other thing, I hadn't realised just how close to that orebody the Konkola West license boundary is... only 1500m from the 1240m contour at the closest point:
https://tinyurl.com/yy5mcsmz
Here's the map with contours and dip angles if you want to see it in detail:
https://tinyurl.com/24f9rt3x
Started: SeisNav, 7 Jun 2024 11:47
Last post: Auc1, 8 Jun 2024 12:47
Great posts / info guys
Forward thinking majors were lightning to react with huge $ when political will changed for the better in Zambia.
Naturally, the downstream stock market knock-on-effects for companies like TYM lags.
Before others see what they have. I.e the $
Anyone watching yesterday’s kobold boardroom meeting with the Zambia president etc will be awakened to the opportunity dawning.
That kobold were visibly excited for TYMs Konkola West and Zambian acreages in general should be a starting gun for some.
It’s not without risk. But majors spend big when they likely see big in return.
The adage follow the money is never so apt here, where basement level entry limits downside, and maximises any upside.
Thanks for that Horny Goat … I listened to it again having not listened since December and it’s more exciting to relate to what’s going on when you do.
Can I also say those not prepared to give up their Saturdays to wade through it EVERYONE should listen again to 30/31 minutes in and it does summarise a lot of what’s going on.
TYM … if it was undervalued last November at 0.13 with Novembers placing at 0.12 after the last six months and developments with JV’s and progress in addition to what’s potentially going on with the current drilling… then it’s further undervalued now.
3 million mkt cap .???? For all this ???
It's worth watching the latest presentation again just to understand all of the projects, especially as it's drilling season again
https://youtu.be/iaHANfC2xao
Interesting the would mention Konkola West, especially during a live broadcast with the president. Given we are close to target depth - it would be strange to mention it if they hadn’t found anything decent - time will tell but it’s positive in my book.
From today’s meeting clearly kobold have huge hopes for Konkola West.
They’re excited,
but It’s high risk.
If the bit hits TYM’s chart breaks records. Simple.
But No drill has ever taken place there before. So try n stay grounded.
Started: Bumble1968, 7 Jun 2024 20:21
Last post: Torino, 7 Jun 2024 23:13
Here’s the full Bloomberg article:
KoBold Metals, the Bill Gates-backed mining exploration company, could spend $2.3 billion to build a major new copper mine in Zambia, President Hakainde Hichilema said, citing figures from the company.
The firm aims to produce more than 300,000 metric tons per year at Mingomba — making it the country’s biggest such operation — and will begin sinking the mining shaft in the first half of 2026, according to company officials. Their meeting with Hichilema on Friday was broadcast over state television.
Zambia is seeking to become one of the world’s largest producers of copper, which is crucial for green technologies like electric vehicles and wind turbines. The world faces predicted shortages of the metal in the coming decades amid the shift away from fossil fuels. Hichilema has previously said the Mingomba project could ultimately become one of the three-biggest copper mines globally.
Officials from KoBold, based in the San Francisco Bay area, met with Hichilema and a group of heavyweight investors visiting Zambia this week to tour the firm’s activities in the country. They included senior representatives from Bill Gates’ Breakthrough Energy Ventures, Standard Industries, Equinor Ventures, Bond Capital and T. Rowe Price.
Michael Bloomberg, the majority owner of Bloomberg News’s parent Bloomberg LP, is an investor in Breakthrough, according to the venture company’s website.
Started: Torino, 7 Jun 2024 09:14
Last post: Torino, 7 Jun 2024 11:04
My mistake for the telegram group earlier, I’ve changed it from private to public so anyone should be able to find it and join now. Just type in ‘tertiary minerals’ and you should find it.
God this is hard work, four digits are below but once again remove the gaps
t. me
the four digits that are blurred out are:
****
put the below all together with no gaps and that should be the link (this website doesn’t allow the full link)
https: // ****/ +crvhhzqir4dkztc0
Tried searching for the group, couldn’t seem to find it
Started: Sharedealer2019, 7 Jun 2024 10:20
Last post: Sharedealer2019, 7 Jun 2024 10:20
My bet is Tuesday of next week for results on drilling
Started: goldeninvestor, 6 Jun 2024 21:34
Last post: Torino, 7 Jun 2024 10:10
Fair enough SeisNav, fully respect your knowledge. I know you hold both and as a result will know more than me. Always appreciate your input.
"Its highly likely Anglo are in discussions with us for Mukai, and if we were to get a similar deal/ or even half, that would have a huge impact on £3 million market cap."
Torino I admire your optimism but being a long time holder of Arc, I know exactly why Anglo agreed to such an outstanding JV. We are not going to get anything on that scale for Tertiary. Personally I think FQM is much more likely to want the Mukai JV. Tertiary are already in a data sharing and technical agreement with FQM, the anomaly straddles the border with FQM's licenses and they have already drilled on their side of it, FQM need to identify more drilling targets to extend the life of the Sentinel / Enterprise operations.
What exactly would be considered a good result at Konkola West? This is what was said in the RNS announcing the earn in agreement:
"The objective of the EIA is to carry out deep drilling to explore for projected extensions of the high-grade copper ore-shale exploited on adjacent mining leases at the Konkola, Lubambe, and Musoshi mines."
The grades found at those three mines fall between 2.5-3.5% copper so that would be a good result in my opinion.
Re: "drill results need to be superb"
Lets hope they are. But for worldly context...
AVERAGE Zambian grades are superior / equal to most other countries best grades.
The company has already said JV discussion regarding Mukai…..Let’s not forget Anglo American are paying $88 Million for up to 70% of ARCM accerage next door. Its highly likely Anglo are in discussions with us for Mukai, and if we were to get a similar deal/ or even half, that would have a huge impact on £3 million market cap. Remember the below from last week’s article:
Mukai is complemented by a second licence in the Domes area, Mupala, which Tertiary acquired in June last year. “Tertiary owns 100% of this licence and it does not form part of the Mwashia package of licences,” says Cheetham. “It covers 41.2 km2 and sits on the west side of the Kabompo Dome immediately adjacent to the Anglo American/Arc Minerals joint venture licence block. We secured it on a ‘first come, first served’ basis ahead of competing applications from several other companies including Anglo American.”
Totally agree, but drill results have to be superb and I suspect buy out as big players will want all our licences. In this scenario 3p will easily be achievable. But it’s all down to drill rns
Started: Torino, 6 Jun 2024 15:22
Last post: mags999, 6 Jun 2024 18:57
Not a troll just a realist and a holder but don't live on fantasy island
I have a fair idea how the aim market treats companies like this at the minute let's hope you are all right and we can buck the trend
Just to add, Kobold are spending $2 million on the two drills with us…That’s how joint ventures work mags…Now we await the drilling results. That’s why JV’s with majors are massive for companies like TYM. They pay and we BOTH gain if the results are good/outstanding.
Mags
You clearly don't have a single clue how mining sector works right ?
And all three pieces of news I’ve mentioned won’t cost the company a penny but they could rerate the share price. If you were a shareholder you’d understand, but you’re more likely a troll judging by your posting history.
Started: swazers, 19 May 2024 09:49
Last post: swazers, 6 Jun 2024 12:22
#TYM is moving in line with my predictions https://x.com/SwazersC/status/1798675237048864850 https://www.tradingview.com/x/tHU9wXQA/
Apologies just re-read, looks like 0.20. However, if it pings close to that and beyond it could have avery interesting trajectory upwards.
Swazers interesting. What’s your thoughts on the chart if there is a breakthrough and it surpasses the 0.16-0.17 range. What the next test level?
#TYM is attempting to break higher as per my prediction & T.A. ideas. https://x.com/SwazersC/status/1795813968696463615 https://www.tradingview.com/x/dLL7kc8x/
With respect although I agree with your outcome Swazers (although the presentation on TYM focuses on caveats rather than where you think it’s going) … I think it’s … what the company announces and the results that will determine the direction of travel.
I get that you and others have faith in cup handles … candles and other names BUT it’s what the companies are doing that will fulfil or destroy the randomly drawn (usually) non parallel lines and channels that get drawn.
For me on my newly launched Ai tea leaf reading channel I focused on our mkt cap versus possible outcomes. As an Earl Grey result was input I saw the mid teens and into the 20’s and sooner than the wife could wash the cup. My burst Tea bag from Poundland own brand had us back at 8 while we looked at raising capital again.
Started: garymbrock, 6 Jun 2024 11:06
Last post: TREESTUMP_2, 6 Jun 2024 12:03
" A very, very patient ( a very ) LTH
Yeah know the feeling, totally lost the will to live here at times and come close to throwing the towel in last year. Don't know why, but continued to add when down at 0.08, to average down some more and hope for a miracle, not the best strategy i know, but more hopeful of them actually delivering now. Will soon know..
So, good news, good news, good news, good news and potential great news to come.
So where, if all is positive going forward, does it leave the possibility of the mkt cap/ SP for the future?
A very, very patient (a very) LTH.
Some poor sod sold over a million at 10.37 am. That’s usually my luck (although why anyone would sell at all over the next fortnight/ month with what’s going on is beyond me).
Clearly with these signed deals we are bullet proof and all set up for what lies ahead. On its own it’s big news this RNS … in the wider scheme of things with all these companies looking for a slice of the action … it’s amazing for us.
Briefly went to 14.62 on the sell there. Thanks for the video posted below SeisNav … that release this morning just is lining us up for quite a ride here.
…and despite the rise today having gone 11/13 to 14/16 briefly on the RNS release … there’s a long long way to go when you pinch yourself with our Mkt cap