Member Info for 5085

Uber-Steve, investors/traders who reference the number of daily buys and sells online are the lowest common denominator. You wont understand why and no one should explain it to you, but I can say with absolute certainty, you are an idiot, but you know that hey.

Have a nice day.

In this field, massive going forward.

https://techstartups.com/2025/07/07/coreweave-to-acquire-crypto-miner-core-scientific-for-9b-as-ai-infrastructure-wars-heat-up/

What happened to the metal that was stored in the shed?

I must admit I found the reported grades a disappointment. Hopefully better news at the end of the year when the 30 in-fill holes are drilled.

Mr. Chairman, the second area I will now move quickly to reach 10% growth is the natural gas and helium economy, I have already talked about this and the example I give here is Algeria, which is leading in Africa. Algeria has a GDP per capital of five thousand two hundred and sixty dollars due to gas issues, they export gas through a pipeline to Europe and then they export LNG.

Mr. Chairman, the third area is the agricultural economy. I have taken a country like Vietnam that was at war from 1955 to 1975, 20 years of war, today Vietnam this year produces 27 million tons of rice, Tanzania, which we have not entered into a 20-year war, we produce 2.5 million tons, the GDP of Vietnam that was at war is four thousand three hundred forty-six US Dollars per person per annum. We are one thousand two hundred eleven dollars per person per annum, so let's invest in agriculture.

Mr. Chairman, the fourth area is the mineral economy. I have already talked about this a lot, critical minerals and strategic minerals. The United States needs fifty species, the European Union thirty-four species, but to succeed here, we must enable the geological survey and invest here.

Mr. Chairman, the fifth area that will bring us to a 10% economy is the tourism economy. Here I have looked at tourists from foreign countries who came to Africa, foreign tourists not domestic. Egypt had 13.1 million tourists, South Africa 10.2 million, the third was Morocco, the fourth was Tunisia, the fifth was Kenya 5.6 million, and Tanzania was sixth, but if you take tourism in the sense of tourism, you take a leading country like France which itself last year had more than 100 billion tourists and the money it brought in was about 70 billion US Dollars and someone spent about 700 Dollars a day to go on a tour in France. (Applause)

Mr. Chairman, therefore, I think our intention here is to prepare ourselves from an economic growth of five or six percent to go to 10%. To get there, we must invest in those four areas: education and employment, and then secondly, we must invest in the gas and helium economy. Then we must invest in agriculture (agricultural businesses), we must invest in mining, we must invest in tourism. If we do that, our plan to reach an additional $4,500 by 2050 will be possible, thank you. (Applause)

https://bunge.go.tz/polis/contributions/24684

The recent RNS (Regulatory News Service) update from Helium One Global (AIM: HE1) marks a significant milestone in the commercial maturation of its southern Rukwa helium project in Tanzania. Here’s a balanced assessment of the valuation implications of this development and the strategic significance of the announcement:

1. Award of Mining Licence (ML) – De-risking Event

Key Value Catalyst: The formal award of a 480 km² mining licence is a major de-risking milestone. It transitions the project from exploration into the development phase, significantly enhancing the perceived value of the asset in the eyes of investors, offtakers, and potential financiers.

Exploration Success Underpinning Licence: Prior successful drilling, helium discoveries, and an extended well test substantiate the commercial potential of the acreage.

2. Regulatory Clarity and Certainty

Finalisation of the Regulatory Framework Agreement and other governing documents removes significant legal and bureaucratic uncertainty, which often suppresses investor confidence in frontier jurisdictions.

The government’s 17% free carry is within typical bounds for resource nationalism policies in Africa and is not prohibitively dilutive. It signals government support without overly undermining investor returns.

3. JV Structure – Governance Balance

The creation of Songwe Helium Ltd with a 5-member board (3 HE1 appointees, 2 government) ensures operational control remains with Helium One while aligning interests with the Tanzanian state.

4. Market Signalling – First Mover Advantage

The RNS emphasizes that Helium One is the first company to be mandated to develop helium in Tanzania. This could grant it preferential access to further acreage, stronger political capital, and a brand premium.

Put this into ChatGpt you will see a whole array of new information.

The mining prospects at Molaoi in Greece—particularly known for its zinc-lead-silver deposit—are likely to improve significantly following Greece’s announcement last week of its official commitment to critical raw material exploration under the EU’s Critical Raw Materials Act.

Https://www.tovima.com/finance/greece-joins-eu-race-for-critical-raw-materials-with-national-exploration-push/?utm_medium=Social&utm_source=Twitter#Echobox=1748347565

The current in ground gross valuation is £3.3 billion but there will be many upgrades as we move forward.

The buying turnaround started last Tuesday, which was understandable when Greece officially made their stance known on critical minerals.

Greece is intensifying its search for critical raw materials by reassessing existing mining sites across the country.

Greece has officially entered the race to secure critical raw materials, stepping up efforts that had already begun informally about a year ago. The country’s National Exploration Program for Critical Raw Materials was recently submitted to the European Commission in Brussels, aligning with the EU’s Critical Raw Materials Act.

This legislative framework aims to boost the bloc’s self-sufficiency in critical and strategic raw materials vital for its green and digital transitions.

At the core of this national initiative is a 5.15 million euros research program carried out by the Hellenic Survey of Geology and Mineral Exploration (HSGME), the country’s designated authority.

While fulfilling Greece’s obligations under EU law, the program also reflects a broader ambition to reassess the country’s geological potential focused not on traditional mining targets but on materials considered essential to modern industries and energy technologies.

Greece is intensifying its search for critical raw materials by reassessing existing mining sites across the country. A site in the Rhodope region is being evaluated for antimony, while Pontokerasia in Kilkis—highlighted as a key metallogenic province—is under review for copper and aluminum. On Samos, the Karlovasi area is being explored for lithium and rare earth elements, both deemed critical by the EU.

At the same time, HSGME scientists are examining waste deposits from inactive public mines, particularly targeting rare earth elements. Abandoned sites in Evros and the Eastern Peloponnese have been prioritized in this phase. Meanwhile, potential deposits in Western Lesvos and the Simvolo (Symvolo) Mountains of Kavala are also undergoing detailed investigation.

The multi-phase research, expected to continue through 2027–2028, is financed through funds generated from emissions trading revenues.

Beyond exploration, the program includes an economic and technical reassessment of selected mineral deposits to prepare for future international tenders overseen by the Ministry of Environment and Energy.

Private sector initiatives are also growing. In March, Metlen launched two pilot projects for germanium and scandium—bauxite byproducts—building on earlier work with gallium and turning its Viotia (Boeotia) site into a key hub for critical raw materials.

As the General Director of HSGME stressed, these materials are essential to the energy transition, powering everything from wind turbines to high-tech devices.

XShandoG

A sell can be a sell or a buy

A buy can be a buy or a sell

Only a novice trader/investor takes notice of the number of listed buys/sells because, as a useful metric, it is pointless and often manipulated for the purpose of forming an orderly market.

Https://www.listcorp.com/asx/shn/sunshine-metals-limited/news/shn-awarded-393k-grant-funding-3193092.html

The in ground assets are very valuable.

Nothing moves quickly in mining but fortunes, for the patient can be live changing. Eurasia Mining a fifth of a penny to 40p in no time at all.

I am happy to wait as long as it takes.

Good luck.

Structural shifts in the energy market, combined with high-value expansion into metals and defense, form the backbone of Metlen’s renewed strategic vision as it prepares for a planned listing on the FTSE100 in London, likely by Q3.

This transformation was outlined during the company’s Capital Markets Day in London, where Chairman Evangelos Mytilineos and top executives presented a roadmap aiming to double EBITDA to 2 billion euros within 3 to 5 years.

A key highlight was the company’s 500 million-euro investment in two cutting-edge facilities – in Thessaloniki and Romania – for extracting critical metals from industrial residues using proprietary circular technology.

Metlen also announced an expansion of its defense production unit in Volos and a broader push to become a key supplier of raw materials like gallium, scandium, and germanium for Europe. These moves build on the expansion of the Aluminium of Greece plant and reinforce the company’s vertical integration strategy.

The circular metallurgy process offers major environmental and cost advantages, including high metal recovery rates, zero emissions, and alignment with EU sustainability goals.

“Most importantly, cost levels in secondary metals are much lower than in primary metals. When conditions are volatile for primary metals, we will sleep soundly at night,” Mytilineos said.

In defense metallurgy alone, Metlen aims to grow EBITDA from 11 million euros to 150 million euros, while targeting 220 million-euro EBITDA from raw metal processing and 40 million-euro EBITDA from gallium production.

Energy strategy also remains central. Chief Executive Director for energy Giannis Kalafatas pointed to seven dominant trends shaping the market: the enduring role of natural gas, the need for flexible capacity alongside renewables, the significance of renewables and batteries for vertically integrated groups, energy optimization and trading, and geopolitical instability, a key challenge for markets.

Metlen is planning further investments in critical raw materials, such as scandium and germanium, the company’s Chairman and CEO Evangelos Mytilineos announced on Thursday in statements during a visit by Executive Vice President of the European Commission Stephane Sejourne to the Aluminium of Greece plant in Agios Nikolaos, Viotia.

https://www.ekathimerini.com/economy/1265318/metlen-to-invest-further-in-key-raw-materials/

Assessing the potential value of Rockfire Resources' Molaoi zinc asset can be informed by examining comparable zinc projects in Europe. Here are some notable examples:

1. Neves-Corvo and Zinkgruvan Mines Acquisition

Transaction Details: In December 2024, Boliden agreed to acquire the Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden from Lundin Mining for up to $1.45 billion. The deal includes an upfront cash payment of $1.3 billion, with potential contingent payments of up to $150 million.

Production Profile: Both mines are underground operations with on-site processing facilities, producing zinc, copper, lead, and silver.

Valuation Insight: This acquisition highlights the substantial value attributed to established, multi-metal mining operations in Europe.

2. Brskovo Mine, Montenegro

Resource Estimate: In 2011, an initial inferred resource of 9.2 million tonnes was reported, indicating strong upside potential.

Mining South East Europe

Development Status: The Montenegrin government has established a working group to oversee exploration and exploitation activities, reflecting the project's strategic importance.

Mining South East Europe

3. San Jose Mine (Novales-Udias Project), Spain

Resource Estimate: A maiden JORC resource estimate reported 1.1 million tonnes at 9% zinc and 1.2% lead.

Exploration Potential: The project encompasses a 12 km trend with high-grade zinc mineralization, suggesting significant expansion opportunities.

Comparative Analysis

Molaoi Project: With a current resource estimate of 1.1 million tonnes of zinc, recent exploration results indicate potential for significant expansion.

Valuation Considerations: While direct valuation comparisons are complex due to factors like resource size, grade, production capacity, and geopolitical considerations, the Neves-Corvo and Zinkgruvan acquisition suggests that well-developed, multi-metal mines with substantial resources can command valuations exceeding $1 billion.

Conclusion

The recent exploration successes at Molaoi enhance its potential value, positioning it favorably among European zinc projects. As Rockfire Resources advances the project through further exploration, resource expansion, and development milestones, the asset's valuation is likely to increase, reflecting its growing resource base and strategic significance in the European mining sector.

If you look at the European report and map released a few days ago Germanium is in massive short supply which means all Rock need to do is prove up their assets to a commercial level and then what will the funding look like £500m+

The Greek government, along with its Ministry of Environment and Energy, is placing significant emphasis on harnessing the potential of the country’s mineral resources, with particular attention directed towards the utilization of germanium and antimony elements, both vital for industry and the energy transition.

Rockfire Resources plc, a UK-based exploration company focusing on precious metals, base metals, and critical minerals – its subsidiaries include Hellenic Minerals I.K.E. – revealed last year that it had identified germanium deposits at the Molaoi mine in southeastern Peloponnese. The company is currently awaiting EU funding to progress with the development and utilization of these resources.

The European Union’s Environment Agency has identified germanium as one of the top 20 raw materials considered critical metals by the European Commission, given the potential risk of supply shortages.

Germanium is an important semiconducting material, while its compounds are used, among other things, for telecommunications optical fibres, as polymerization catalysts and in photovoltaics, while it is also widely used in various sectors of the chemical industry and metallurgy.

Germanium holds significant importance as a semiconducting material. Its compounds find application in diverse areas, including telecommunications optical fibers, photovoltaics, and serve as polymerization catalysts. Furthermore, germanium plays a crucial role in various sectors of the chemical industry and metallurgy.

Https://greekreporter.com/2025/03/26/greece-joins-in-europe-strategic-raw-material-initiatives/ that is a big investment pot

The government is expected to launch this year tenders for graphite deposits in Thermes, north-east Greece, and manganese oxide in Drama, north-east Greece. Greek company Metlen Energy & Metals will produce gallium in Boeotia, and another tender is expected to mine copper and tungsten deposits near Xanthi, north-east Greece.

Meanwhile, Rockfire Resources has detected germanium, one of the world’s rarest critical metals, and plans to move forward with extraction operations. Antimony, used in alloys with lead and tin, has been detected in Rodopi and Kilkis, north Greece. Several other locations have been identified as holding untapped reserves, including the seabed.

Beyond mining, Greece’s proximity to European industrial centres and global trade routes, as well as its developed ports and logistical networks, make it an ideal processing and export hub.

https://centraleuropeantimes.com/2025/02/eu-looks-to-greece-for-critical-raw-materials/

Very good news, Sunshine reported they would update the market in Jan so a little late. They have been all over Plateau for ages, they know what is there. All coming together nicely.