Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Caterpillar using i-nexus strategy execution management platform.
Caterpillar 2020 sales and revenues of $41.7 billion
Anyone want a job?
"Experience working within the cloud-based i-nexus strategy execution management platform"
https://careers.caterpillar.com/en/jobs/job/r0000072476-project-portfolio-coordinator/
Other partners also include:
https://i-nexus.com/partners/
Ready Steady GO
Its on the move 4% up
https://www.youtube.com/watch?v=AsY2I__k3RQ&ab_channel=JustinWaite
i-nexus Market cap £1.7m
Current price 5.75p
AGM approved
raised £650,000 @ 10p CLN
This is 74% premium to current price today
The holders will have the right to convert the 2021 Convertible Loan Notes they hold into ordinary shares of GBP0.10 each in the capital of the Company ("Ordinary Shares") at a price of 10 pence per Ordinary Share ("the Conversion Price") at any time on or prior to 29 September 2024.
-- The Conversion Price represents a premium of approximately 55 per cent. to the closing middle market price of 6.45 pence of an Ordinary Share on 10 September 2021, being the latest practicable trading day prior to the publication of this Announcement.
HISTORIC COPPER DEPOSIT WITH INTERCEPTS UP TO 28.4% CU
https://castillocopper.com/projects/mt-oxide
14 September 2021
CASTILLO COPPER LIMITED
("Castillo" or the "Company")
On track to test-drill 130m thick sulphide target at Arya Prospect
Further to the announcement on 10 August 2021, Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, is pleased to announce that the drilling crew will mobilise to the Arya Prospect in the final week of September 2021, with work set to commence shortly thereafter.
Highlights
-- Arrangements finalised with all providers and contractors for the geological team to mobilise to the Arya Prospect during the last week of September 2021, to commence site preparations
-- Castillo has appointed Down Force Drilling(1) , an experienced operator in providing drilling solutions in challenging environments, as the lead drilling contractor
-- The primary sulphide target is the EG01 anomaly - interpreted to be approximately 130m thick, 1,500m long & 450m wide and 100-200m below surface:
o The secondary targets, EG02 and EG10, are 25m below surface and are interpreted to be approximately 25m thick, with dimensions of 160m by 50m and 270m by 280m respectively(2)
-- Recent re-interpretation work by Castillo's geophysicist consultant has confirmed all three targets deliver significant exploration potential(2)
-- To ensure drilling commences on schedule, the rig, key supporting equipment and personnel will be transported to the site by helicopter for this inaugural campaign
-- Castillo's geology team, having liaised with the laboratory, now expect to have all assays and key interpretation work for the Big One Deposit available by next week
Simon Paull, Managing Director of Castillo Copper, commented: "The Board is delighted to confirm mobilisation to the Arya Prospect during the last week of September 2021. Further, we look forward to shortly receiving the full assays and key interpretation work for the Big One Deposit. Moving forward, the Board's goal is to concurrently progress developing the Queensland and Zambia projects, while bringing in third parties for the New South Wales assets."
2 x Primary Assets
The primary assets of Synergy, which are wholly owned, comprise the Litchfield Lithium Project (EL31774) in NT and Picasso Lithium Project (E63/1888) in WA.
1 x Application (License to be granted)
In addition, Synergy has an application in NT - EL31828 - known as the Alcoota Lithium Project, which comprises ground proximal to Alice Springs. Castillo will need to undertake further geological due diligence on this application.
https://www.cadenceminerals.com/projects/lt-ls/
*** PLUS 6 APPLICATION IN ARENTINA ***
LT and LS also hold applications for six lithium properties in San Luis Province, Central Argentina. Again, Castillo will need to undertake further geological due diligence on these applications.
Greenroc have net proceeds £4,247,000, they won't need cash anytime soon
Alba's 54% will increase in time, especially with Graphite increasing in multiples in coming years due to Electric Vehicles..
10 times more graphite is used in EV lithium batteries than lithium itself, so the more lithium that is in demand for EV batteries, 10 times more graphite is needed.
Alba's share will get diluted in time, but they have enough proceeds for now. Alba will not have to contribute to there 54% share, that was the point of the spin-off. Greenroc management now in charge of Greenroc, finanace, production... Doesn't mean Alba can't invest later in Greenroc, if placings happen, to hold their position.
Alba can focus on its Gold in Wales
I believe they also hold Horsehill position.
They will have news flowing from
Greenroc Projects
UK Oil and Gas
and Alba Mineral Resources.
It is a Win-Win for Alba Minerals
Acquisition of the Proceeds
The Company has raised gross proceeds of £5,120,000 through the issue of 49,200,000 Placing Shares and 2,000,000 Subscription Shares at a price of 10 pence per share (the "Placing Price").
On Admission, the Company completed the purchase from Alba of the entire issued share capital of each of Obsidian Mining Limited, White Eagle Resources Limited and White Fox Resources Limited (the "Targets"), the owners of the Greenland Projects, and the assignment to the Company of all amounts owing by the Targets to Alba at Admission. The consideration paid to Alba is being satisfied by the issue and allotment of 59,500,001 Ordinary Shares to Alba at the Placing Price plus £50,000 in cash, for total implied consideration on Admission of £6 million.
The net proceeds of £4,247,000 will be used to:
o provide funding for GreenRoc to further explore and develop the Greenland Projects;
o reimburse Alba for an agreed proportion of the 2021 drilling costs at the Amitsoq Graphite and the Thule Black Sands Projects; and
o provide GreenRoc with ongoing working capital to support its business operations.
https://otp.tools.investis.com/clients/uk/greenroc_mining_plc/rns/regulatory-story.aspx?cid=2683&newsid=1512319
HIGHLIGHTS:
- Nickel enrichment was encountered throughout the entire 7m interval assayed as part of this batch, including a 0.6m sample which returned 1.696% Ni (16,961ppm), 0.55g/t platinum (Pt), and 0.14g/t gold (Au).
- The results presented herein represent the single highest nickel and platinum results, and the second highest gold result from the 2020 drilling programme to date.
- These results further demonstrate the potential the Molopo Farms Complex Project has of hosting significant nickel-platinum group element ("PGE") enriched magmatic sulphide mineralisation.
Kazera KZG 9m Market Cap / Premier Africa Minerals 39m MC
Accelerating Tantalum Valley Operations
Kazera Global plc, the AIM quoted investment company, is pleased to report that the Board have now concluded a plan with DJ Drilling, which they believe will lead to the profitable production of Tantalum from its mine in Namibia before the end of 2021.
11m investment still on track with both Namibian investors @ 2.7p
100%+ premium to current share price 1.3p
https://www.lse.co.uk/rns/KZG/accelerating-tantalum-valley-operations-3vm36yra3kjcnm6.html
Sep/01/2021
Exclusive Tantalum Off-Take Agreement
Entered into an Off-Take Agreement for the sale of all Tantalum produced by it.
· 3-year contract, through to 31 December 2024, entered with Jiujiang Jinxin Nonferrous Metals Co Ltd at Tantalite Valley.
https://www.lse.co.uk/rns/KZG/accelerating-tantalum-valley-operations-3vm36yra3kjcnm6.html
20/09/2021
Diamond Plant Update - Impact to Kazera Throughput
· Six times increase to Muisvlak Diamond Processing Plant (the "Plant") throughput anticipated as a result of the establishment of a Joint Venture between MV FIVE (Pty) Ltd ("MV5"), a company representing the local community, and Kazera which will see MV5 taking over control of the Plant as part of a 5 year contract
As part of the deal, throughput at the Plant is expected to increase six-fold to 35,000 tons of gravel per month, significantly increasing the amount of gravel Kazera can process from its activities at Alexander Bay
o Profits from the joint venture, which will come from other operators utilizing the Plant, will be split on a 30/70 basis in favour of Kazera
https://www.lse.co.uk/rns/KZG/diamond-plant-update-impact-to-kazera-throughput-pclrrfr3xdcq5mx.html
Highlights
-- Six times increase to Muisvlak Diamond Processing Plant (the "Plant") throughput anticipated as a result of the establishment of a Joint Venture between MV FIVE (Pty) Ltd ("MV5"), a company representing the local community, and Kazera which will see MV5 taking over control of the Plant as part of a 5 year contract
o As part of the deal, throughput at the Plant is expected to increase six-fold to 35,000 tons of gravel per month, significantly increasing the amount of gravel Kazera can process from its activities at Alexander Bay
o Profits from the joint venture, which will come from other operators utilizing the Plant, will be split on a 30/70 basis in favour of Kazera
o The joint venture expects significant job creation within the local and regional community
-- It is anticipated that increased throughput will be achieved by increasing the number of shifts as well as completing various operational efficiencies
o The Plant is anticipated to become operational by 1 October 2021
Kibo 's Assets £28,489,574 from last annual accounts.
page 36
https://kibo.energy/wp-content/uploads/Kibo-Annual-Report-2020-Final.pdf
Kibo hold a 25.37% interest in Katoro Gold Plc, an AIM listed company with a gold development project in South Africa and gold and battery metal projects in Tanzania. Further details on Katoro can be found on its website www. katorogold.com
Katoro Market Cap 3.8m
Kibo 25.37% holding in Katoro just under 1m