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What about one with CB?! Birdy get this sorted!
Interesting chat.
https://audioboom.com/posts/8502276-midweek-takeaway-zambia-special
Lol or Onlyjo King
Maybe Silverking will be renamed Shergar.
But in all seriousness, The Sunday Roast guys were there last week and hopefully we will get more info soon. And within the next few weeks drilling will be happening in NW Zambia. Sudden spikes in the likes of ARCM and AFP might indicate tasty looking cores ?.
Impressive that you knew off the top of your head that that the Jumps Season - aka National Hunt 'orse Racing - can't be Plan A as it ends at the end of April, Mr Jezzoo
Plan A is the Flat Season I'd think.
Any thoughts on where a brown envelope full of cash without an RNS might sit on the list of Plan A's, B's , C's , D's, E's... ?
I am not sure if an RNS saying the authorities want a brown envelope filled with cash will get past the nomads !.
Don't we need an Rns instead of all the usual guessing Colin.
Looks like 2500 have been cancelled with a suggestion that some officials might redistribute them to foreign companies instead of benefitting local miners.
https://www.globallinkscorporate.com/post/govt-cancels-2-500-mining-licenses-in-zambia-transparency-concerns
I suspect they would have known but I suspect maybe that was part of us getting in. Hopefully we have a exploration license?! Colin?
I'm fairly confident this one wouldn't turn out to a Dead Donkey over licence issues, Mr Ben 'owell....
(would get reinstated, if even needs be, one way or other.. ps there might be sundry licences therein and happy to let less focus ones expire..or new licence issued in new JV name , hence cancel old one .. or some such non issue ..etc..)
This turning out to be a Dismal Duster in the end is a clear possibility I do get though...But such is the nature of the game, not least from 'time to time' with Mr Bird's 'oles..
And no better man for under rug sweeping of Dead Ducks than Mr Colin Bird !
To quote the one and only Dennis Skinner, DD = Dodgy Dave.
He was quite right, too.
DC (Dodgy Dave) and CB ((in)competent Colin ) would make an interesting pair.
Dare Devil ?
(The one and only... Mr Colin Bird)
Due Diligence
DD?
Sounds like the usual DD by the board again. Lol
I hope Jack hasn't been sold some magic beans.
Flip
Not sure if relevant but cancellation listing is dated 2 April
SK announcement dates 3 April
Yours cruelly
I see AFP have also had a license cancelled. Also Oval but not sure if it is one of our joint ventures without checking. Not a great read. I know before AFP had a few licenses on the list for non pegging but not sure the reason why this was cancelled. Given how many that have been cancelled at least finding replacements won't be difficult.
Recently I noticed the following website after which I email XTRACT the below but have not heard back from them: https://www.mmmd.gov.zm/?p=2787
"In regards to the new JV for exploration licence 26673-HQ-LEL ("Silverking") I came across the decision from the Zambian Mining licensing committee about the cancellation of the mining rights due to non-compliance.
Would the company (Xtract) mind to comment on this please? "
Any thought from the group in here?
Zap
You asked
What are others opinions on why the deals are structured differently
Is it because SK already have a resource of 237k T CU so far?
To make it official they would need a Jorc?
Whereas the other two licenses requires drilling campaign to determine if there is a resource or not
Bushranger gave an outline script for Colin Bird story telling at its best Mr Zap.. It's far from sure that what we have in Zambia will throw up such a wonderful story line...hopefully it does and, one way or other, it might, I grant you ...and hopefully existing shareholders move on from the past if/when Mr Bird tells another great story, and average down at least somewhat.. that's important for a recovery here imho.. (they haven't for such a long time now, many many months of abject -squared - daily trading volumes show)
PS: While VERY different sorts; in the round, I rank Mr CB and Mr NvS at ARCM at similar capability levels.. and I see a decent amount of medium term /longterm holders have continued averaging down there thru broadly equally s/p torrid times to here... etc..
Yeah I agree on that front NtM, it will need a steady flow of news to drive it on, the resource sector is generally seen as being anywhere up to a year ahead of global economics trend being seen as a precursor toward economic recovery. It will need all the ducks to line up so Colin can get the big guns out! It will move quick but timing needs to be right.
Don’t know what folk are worried about, he rallied the market in ‘21 that see a value of £50m + market cap reached. With far less evolution of the main assets at that time and without any kind of significant income that with what came in from alluvials, didn’t even cover co running costs.
There will be no shortage of news.
There will also be latest audited report to show up to date fundamentals and cash position to the market.
News flow may follow after that report is out so investors can make a good case for buying in. ??
I braodly hear you Mr Zap.
I think the micro cap metals explorer sector turnaround started a little while back now too.. I just want xtr.l to at least stay in line with this general recovery as it plays out, on paper it absolutely should at least do that imho.,.on grass it hopefully will...but it might not is a nagging doubt.... and the best way to quash any such doubt is an unequivocally progressively tangible RNS asap.. and there should be food for such nowish, I'd hope..