Member Info for Coyote2020

Exactly.
JLP has an agreement with Mopani to utilise the processing plant at Mufulira?

Also, JLP have purchased mine tailings dumps from Mopani located at the Mufulira Mine site.
They haven't as yet said how or where? they intend to process them.

JLP seem to have a handle on ore type beit oxide (for cathode), sulphide (for concentrate) or any mix or combination of the two, previously thought uneconomic to process.
With their expertise and knowhow JLP are a sound choice to evaluate the Luansobe ore sample for best recovery rates.

......is gaining more momentum

Good RNS. Great clarity from Addison, the sections, particularly Section 2 showing the underground potential (where do all those orange boxes 2-5% Cu lead?).
An open-pit 350m long × 100m wide in the northwest and an area 2km × 1km trending southeast for underground and under explored possibilities.
Average of 40% acid soluble could be where JLP have some impact.
A steady revenue earner and FCF to come online at the right time for Galileo.
Anticipated US$300m investment together with a Major moving into the area with the Mopani re-organisation, a deal Zambia's mining minister expects to secure by the end of Q1 are more 'ticked boxes' imo.
Galileo is in a good place. The 'dark horse' Shinganda is going to be a company maker. The Zimbabwe assets, with Kamativi copper prospective for VMS style mineralisation and results pending for Lithium, Tin and Tantalum. Multiple kilometre anomalies for Gold and Nickel at Bulawayo, and finally Kash itu on the doorstep of the Sable Refinery once the Zinc circuit is restored.

.....bound for fame and fortune, you know, this train.

Neal Froneman says,
We like copper, Zambia is in our backyard. While the US$1.5B owed to Glencore with off-take rights until the debt is repaid is a complex issue, the deal could be finalised by the middle of the year and has entered into a NDA. Sibanye has a good relationship with Glencore as they work together with Chrome in S.A and are therefore well positioned although there is competition from other companies he said.

Breaking news -
Neal Froneman, CEO at Sibanye Stillwater is interested in acquiring Mopani Copper Mines (Mufulira) as he pushes to secure metals key to the green energy transition.

Followed by, they wonder why they even bother to post on this page.

Managem are paying an agreed price in cash and therefore providing all with a known valuation.

What value does Managem place on the Senala licence?

Quite so.
A total of 49 rock-chip samples were taken over selective outcrops, predominantly quartz veins of which, 47 analysed for Gold. Seven samples yielded greater than 1g/t Au with best results 134.10, 131.80, 19.44 and 8.26g/t Au, all within a 3km long × 700m wide area.

Managem are paying a total consideration of US$282m in cash for a selection of development/exploration assets which include the Senala JV with Oriole.
How much of the $282m is attributed to the Senala licence?

Asset realisation.
The Senala licence holds significantly more value than the current m/cap imo.
IamGold have spent US$6.6m on it to date and Stratex has spent a similar amount with 33,000m of drilling.
472 sq km of highly sought-after ground in the Kedougou-Kenieba gold belt already host to multiple major discoveries totalling some 40+ million ounces.

IamGold are to publish FY financial report and outlook on Feb 16th to include the sale of Boto Gold Project and surrounding exploration assets (Senala and others) to Managem scheduled for completion by early Q3'23.
The IamG/Oriole JV has another year to run to complete the US$8m earn-in for 70%. An update on the Senala option agreement from Oriole is due around the end of February into March.

134.10 g/t Au + 131.80 g/t Au samples taken from a 1.5m wide vein outcrop which appears to be part of a larger network of veins.

B.B. Heroes revised price is 2.5p.

Omission - 'all wanting to take Beutong home'.

The large cap mining companies have over recent years had their internal affairs under review. Re-building balance sheets, paying down debt, optimising mining operations, expanding existing resources and so forth, followed by M&A activity to bolster the business, then umpteen share buy-back programmes with record dividends to shareholders. Consequently, the large caps are mostly in pretty good shape, cashed-up and are now entering a new phase in the mining cycle for new prospects in new territories replenishing inventories as evident from the news Barrick Gold are looking at Indonesia as an exploration target (unheard of a few years back) is just one example.
Beutong is a large high-quality porphyry copper-gold, silver, molybdenum deposit. Has a JORC compliant resource (M,I&I) of 509Mt @ 0.48% Cu, 0.13g/t Au, 1.28g/t Ag and 120ppm Mo for contained metal of 2.43Mt Cu, 2.11 Moz Au and 20.9Moz Ag.
With outcropping at surface, open laterally and at depth, the current resource envelope extends only to a depth of around 500m, 200-300m below, is a notable transition to chalcopyrite-bornite mineralization similar to other porphyry systems in the area such as Grasberg (Freeport) giving the project massive upside potential.
Is ideally located on Sumatra with good access to both power and a sea port.
To borrow an expression taken from elsewhere, 'the time is ripe' for Asiamet to start 'dancing'. It won't be long now before the Majors are queuing-up 'to take Beutong home'.

2nd consecutive Sunday Roast podcast where Shinganda has not been mentioned.
Just a slip of mind?

Barrick Gold, the world's largest producer of the precious metal, sees Indonesia as a destination for exploration as it hunts for future gold and copper prospects.
"that's part of our evaluation at this stage" the CEO said.
The Tethyan Eurasian metallogenic belt stretches from ****stan to Papua New Guinea where Barrick already own assets at both ends, the Porgera Gold Mine in PNG and the Reko Diq copper-gold project in ****stan.
Beutong would fit well in between!

Price action tomorrow will be the 'tell all'.