Member Info for ART123

60p sounds good to me. Is that pre-spud? Maybe even £1 if the drill is successful.

For anyone here who has bought these shares on IG, I have spent the best part of the last 2 hours trying to get through to anyone who is working in the London office to query why they are adding Stamp Duty charges to these buys. I have now spoken to someone who has looked into this and who agrees that this has been set up incorrectly and hopefully the stamp duty charges will soon be refunded and not applied to new buy trades.

ATB

Yeah, I should stay in bed you dozy git!

And no one knew much about Helium in 2021. It was pretty much unknown.

10.97p to buy now. 15p, 20p, 25p - watch this rise. HE1 went from their IPO price of 2.84p to over 8p in their first week of trading - and their m/cap at IPO was higher than here.

I see there is no stamp duty on II either. Trying to get any sense out of IG customer service is getting to be almost impossible.

The problem with IG these days is that all of the staff are based in some far-off foreign land and even though they are very pleasant, helpful and well-trained they still cannot address any problems in the way they sometimes need addressing. I get a lot of calls go through to South Africa, some to India and my latest one this morning to Krakow.

Of course, I requested that they put me through to someone in the London office but despite waiting for another 10 minutes no one was available. I have been promised a call back from someone in London - I can only live in hope.

I'll repeat some of one of my posts from yesterday:

"The IPO seems to be reasonably priced, considering they are drill-ready including the funding. HE1 IPO'd at 2.84p with 497M shares for a m/cap of £14.2M. HEX IPO's at 10p with 122M shares for a m/cap of £12.2M. On checking I see that HE1's share price rose very quickly after listing despite being little known at the time and was over 8p within the first week of trading for a m/cap peak of over £40M. It then stayed in the 7p/8p range for 4 or 5 months until they started drilling."

Also in the run-up to drilling, as HE1 secured a rig and mobilised it to the site, the share price rose sharply from the 7p/8p range to settle around 20p for a m/cap of over £100M. Oh, and that share price/m/cap included that HE1 did a £10M placing at 10p a share despite raising £6M at the IPO. Somehow I can't see that happening here with the large availability of rigs and the cheaper hire rates.

ATB

Great. Tradeable on IG at last so I did 2 early transactions only to be charged Stamp Duty on both. This share is clearly listed on the AIM market with no stamp duty chargeable and besides the trade I did yesterday on H/L was not charged stamp duty. Now on top of the 36 minutes I spent on the phone to IG yesterday trying to get this share listed on their platform, I have had another 14 minutes today trying to get the stamp duty charge refunded - though so far to no avail as they claim it was not charged even though I can see the deduction on my account.

Yes, I can see that it is listed on IG now, though it still isn't on Interactive, though this isn't a problem as I use IG most of the time these days. Funnily enough I see that IG has got the complete chart for the day, even though it wasn't on there until late.

I actually phoned IG 3 times today to ask them to get this listed. It was very painful as they didn't have a clue what I was on about. I was asked to repeat the name of the company and the ticker numerous times. They were going to email me as soon as they got it sorted but obviously forgot.

This should start to move upwards as soon as it is available on all of the brokers.

These are not yet trading on IG Markets or on Interactive Investor. Someone posted earlier that they are not listed on A J Bell either. I got some on H/L though I did not have much in the way of funds in that account. Can anyone confirm if any of the other brokers ie. Barclays, Halifax, etc have this listed yet.

"The drilling of an appraisal well to approximately 8,000 feet (2,500 metres) is estimated to cost approximately US$1,160,000."

Wow. That sounds very sensible. Even MSMN are quoting up to AUD5.5M - £2.85M - for their farm-out drill in Australia.

I've called IG 3 times to try and get this IPO listed on their platform but to no avail so far. Not to worry though as I have got some with H/L - just the dealing fees are a bit higher. Hopefully when all the brokers get the share listed the demand will pick up - and with it the share price. See below.

The IPO seems to be reasonably priced, considering they are drill-ready including the funding. HE1 IPO'd at 2.84p with 497M shares for a m/cap of £14.2M. HEX IPO's at 10p with 122M shares for a m/cap of £12.2M. On checking I see that HE1's share price rose very quickly after listing despite being little known at the time and was over 8p within the first week of trading for a m/cap peak of over £40M. It then stayed in the 7p/8p range for 4 or 5 months until they started drilling.

HEX appear to have a very experienced CEO in Bo Spears which will certainly be a bonus.

Thanks for that 1Investor. I had missed the placing in February too. So they are definitely okay for cash for this forthcoming drill campaign, which is fully paid by the JV partner anyway.

I never quite get all the ramping about Nevada - "the best mining jurisdiction on the planet", "the biggest mines", etc, etc. I know several companies - Tertiary, Great Western Mining, Sunrise Resources, Thor Mining - who have spent years and years trying to prove up resources in Nevada with very little success.

This is now a completely fresh start for Tertiary Mining and I tell you now that if this upcoming drill hits high-grade copper at 2%, 3%, (or a lot higher because '250 million tonnes with a mean grade of 3.8% copper' is just an average over the whole prospect), then the m/cap won't be at £2M for long, nor will it be at £20M for long. Huge potential here.

And as SeisNav has pointed out Tertiary have other prospects in Zambia, though this is the one that is in focus for now with a fully paid-up initial drill campaign.

ATB

This is a very exciting fresh start for Tertiary after all the years they have wasted in Nevada.

The geophysics shows that the mineralisation from the adjacent high-grade copper deposits extends into TYM's acreage. They have a well-funded JV partner, who owns the adjacent acreage, and drilling is due to start by the end of April. I would expect a fairly decent share price rise into spudding and then at least a 10-bagger if the drill hits the high-grade copper. After all the m/cap is only a miserly £2M at the moment.

For goodness sake stop squabbling. This is a fresh start with a very exciting prospect.

ATB

And Tertiary has the very best JV partner here for this exploration prospect in KoBold Metals who have plenty of funds available as can be seen by the early drilling schedule.

"The Konkola West Project is targeting deep down-dip and along-strike extensions of the contiguous Lubambe-Mingomba-Konkola copper deposits to the west of the Licence and which extend north into the Musoshi mining complex in the Democratic Republic of the Congo. Together these deposits comprise a 15-kilometre-long continuous zone of mineralisation that contained a pre-mining endowment of over 775 million tonnes grading 2-3% copper. Konkola West is located approximately 2,000 metres southwest of the Mingomba deposit which lies between the Konkola and Lubambe mines and which currently has a reported mineral resource of 250 million tonnes with a mean grade of 3.8% copper."

This is a genuine high-grade copper prospect which is made even more attractive with the price of copper rising along with gold and at nearly $9,500/ton

Massive news. Drilling to start this month.

9 April 2024

Tertiary Minerals plc ("Tertiary" or "the Company")

DRILL START - KONKOLA WEST COPPER PROJECT, ZAMBIA

Further to its announcement of 19 December 2023 regarding the signing of an earn-in agreement ("the EIA") between a subsidiary of KoBold Metals Company ("KoBold"), the Company's 96% owned subsidiary Tertiary Minerals (Zambia) Limited ("TMZ") and TMZ's local partner Mwashia Resources Ltd ("Mwashia"), the Company is pleased to announce that:

· The Minister for Mines for Zambia, the Hon. Paul Kabuswe, has given consent to the EIA which provides for KoBold to earn into Exploration Licence 27067-HQ-LEL known as the Konkola West Copper Project in Zambia.

· The Board of the Zambian Competition and Consumer Protection Commission has given its final unconditional authorisation for the EIA.

· As a result of these authorisations, all of the conditions precedent to the EIA have been met and the EIA is now operative.

· KoBold expects to commence drilling later this month.

Patrick Cheetham, Executive Chairman of Tertiary Minerals plc said:

"KoBold has been advancing its drill plans in parallel with the consent process and these approvals clear the way for drilling to start. The first drill site has been selected, the drill contract has been let, drill site preparation has been completed and equipment mobilisation is in progress, with drilling expected to start by the end of April."

"This is a very exciting and potentially transformational time for Tertiary. Drilling will test for deep copper mineralisation in the main ore shale that hosts Vedanta's Konkola Deeps deposit and the nearby Mingomba deposit where KoBold has recently announced it will develop one of the highest grade copper mines in the world."

The management here are blind to what has happened at GCM where a resurgence of interest in their coal-to-power project has seen the share price rally from a low of sub-1p to a high of over 12p. Instead, this lot are still looking for new projects. Pathetic.