Member Info for 28jaczar01

It’s worth reminding ourselves of what Coringa brings to the Serabi party…..Here is the PEA RNS that was published back in the 2019 world, just prior to the pandemic.

https://www.lse.co.uk/rns/SRB/coringa-pea-confirms-positive-economics-ec91dj5jnlxb3ji.html

Lots of this PEA data would be getting positively adjusted if it were being prepared today in the 2023 world (e.g. the gold price increase, latest mine development ore/grade data, potential for processing location integration with Palito, etc).

One aspect that many may not realise is that the Coringa process plant is already available to Serabi in a disassembled condition. It just requires assembly at site (which could potentially be assembled at Palito rather than Coringa if promoted by the latest CAPEX / OPEX economics) and therefore costs to bring into operation are going to be far less than for normal development of a new facility. Refer to the PEA section titled “Metallurgy and Processing” which states “The Coringa Project will utilise a process plant which is located at site, awaiting assembly. The plant has been previously operated, in Brazil, on a continuous basis producing gold bullion. The plant has a total milling capacity of approximately 580 tonnes per day using two ball mills.”

Seems to be lots of great potential here going forwards IMO…..DYOR.

Notice the cross reference to Rio Tinto’s Quebec facility……Then remind yourselves of this previous RNS:

https://www.lse.co.uk/rns/EEE/ex-rio-tinto-geologist-joins-empire-metals-gn2p44i6i7bkf7f.html

So I wonder who EEE maybe talking to for gaining Titanium related knowledge and potential partnering opportunities…..

Circa 500,000 shares bought at 2.24p in last five minutes of trading are showing up over on the Aquis exchange……hmmmmm…….looks to me like the MMs are trying to reduce the buying strength visibility on the bulletin boards ahead of opening bell tomorrow. Bodes well.

Worth reminding that on 15th Feb RNS they stated a cash position of 1.25 MGBP and so the subsequent 1.25 MGBP placing on 13th March RNS would have doubled the size of their cash pot (minus any expenditure in the 1 month intervening time period) and so they should have plenty of runway for upcoming exploration activities as intimated by SB in recent interviews.

Or Myles getting out ? “It’s fully valued” as per recent tweet.

Looking at the photo image in the link this new saliva test kit looks to be made up of several quite complicated looking components versus the well established simple to use 1 piece urine based test stick.

Leaves me wondering :-

- Will women want to pursue to use it versus the established easy to use test?

- Will it be trusted by women whose mindset is likely to be that urine is “linked to the reproductive region of the body” whilst saliva is remote?

- Will it be wide-spread easy available from chemist shops / on-line retailers (Amazon etc)?

- Will it be priced competitively and turn a profit?

Will be looking out for some early sales data to back-up the optimism being shown here. In meantime I cannot help thinking this is a test looking for a market that’s not really there….

Argentina….not good news over the weekend. Let’s see how it develops next week.

https://twitter.com/BowTiedMara/status/1649517262078980098

Interesting news from Chile…..This comes after Mexico recently did likewise. This will likely undermine future Lithium related exploration & development in these countries and perhaps South America as a whole. Hopefully will help shine a light on Lithium assets in other stable locations such as ATM in Namibia.

https://www.zerohedge.com/markets/chile-stuns-markets-and-ev-makers-nationalizing-lithium-industry-overnight

Recommend you take a close due diligence look at an under the radar silver miner based in Bolivia called Andean Precious Metals (ticker: APM on TSXV). It has a low mcap at around 100 MUSD with almost this much sitting in cash on their balance sheet. Produces about 5 million ounces of silver per year via the only oxides based processing plant in the country. They are looking to upgrade the plant at relatively small cost to also process Tin which is present in their mined material & tailings stockpile in order to improve ASIC etc. They are about to get uplisted onto the main Toronto exchange which will bring more liquidity to the stock. Insiders hold high % of the shares so major skin in the game and the Company are currently doing stock buy-back whilst the price is so undervalued. They are highly leveraged to silver price. Erik Sprott has a good size holding. Only downside I can see is their LOM is relatively short but they are working on addressing this via securing other silver sources in country. Sometime soon I believe this stock will really take off. I am a holder.

Here is the equipment section from the STRIKE website……Whilst it is hard to make out from the Twitter message video which specific one of their rig types is being used…What is noteworthy for all their RC rig types in their features listings are these words “real time data transfer capabilities from the drill rig”

So their early drilling findings news could drop at any time…..

https://www.strikedrilling.com.au/productlisting/drill-rigs/default.aspx

Indeed……proper games being played by the MM’s in recent days to try and keep this stock off radar from many in retail who simply follow the herd via the bulletin board daily high risers list. They are currently wanting to keep a lid on the SP for this one for some reason…..it likely won’t last. GLA

Not sure…key thing is it relies on Zimbabwean authorities approval. Hardly the most reliable and dare I say honest entity to be at the mercy of as the clock ticks down. To me PREM is high risk investment right now based on RNS as reflected in the sell-off today and its squeaky bum time with the end of May only around 2 months away. If the agreement falls through it will be a major show stopper here and SP will crash big time. George will likely be busy with brown envelopes as we speak to hopefully avoid disaster for stakeholders. Just have to hope there isnt someone else waiting in the wings with even bigger brown envelopes to pick up the pieces……GLA

No warrants attached to the placing shares is very good to see to help avoid much placing shares flipping to undermine the SP, and it reinforces that there was strong investor demand for the placing. Just the few Broker warrants set at 3.375p which is a nice healthy 1.5 x 2.25p placing price and they would need to be up at 4p+ to be worthwhile exercising for profit. Bodes well….

Good China economic numbers this morning…….should be positive for the copper price, stock market, etc

Kaolin article from couple of years ago……interesting………the specifics of their finding which requires further analysis as the RNS outlines will be key to its potential value. Watch this space.

https://stockhead.com.au/resources/heres-why-youre-suddenly-hearing-a-lot-more-about-kaolin/

After a break they are just recently finding high value stones again. Could easily be the start of a good run on such finds if they have hit a rich pickings area of the mine. This if it plays out would significantly enhance the profile of their ongoing financials. Probably why they have kept the door open for an upcoming dividend….looking further down the line in coming years they are implementing capital projects targeted at improving efficiencies and annual production rates. Lots to like here if you ignore near term noise which has given investors the chance to buy-in at close to what the chairman previously paid for a good size purchase. DYOR.

Nice find…..that Contract value of 726 INR Crore equates to around 7.35 million GBP at current exchange rate (excluding the GST).

Could be a positive day here……

NHS to use test that prevents babies going deaf https://www.bbc.co.uk/news/health-64570089

Few posters have mentioned the office arrangements. I actually take their office set-up as a positive because if the management team had any fears that the Company would not be ultimately successful and continue to pay their wages then they would have actively sought to reduce the costs for such overheads…this management also has plenty of skin in the game with their stock holdings. All in all the Company ticks most positive boxes and the current seller has provided an excellent bargain basement opportunity to load up. I always took the view that any stock bought at under 1p in the pre-consolidation days (equivalent to 8p these days) was good value and so buying now at circa 6p is excellent opportunity. DYOR

Lots of Sulfuraphane health benefits…

https://www.youtube.com/watch?v=-brwl5USn44