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ZCCM Investement Holdings PLC, who own Mopani Copper mine and smelter will buy Luansobe. Its basically in their doorstep. The government of Zambia has a 17% share holding in ZCCM see link below

https://www.zccm-ih.com.zm/company-overview/#Structure

This Article states Zambia will be raising its copper production up to 3m tons a year.....it only has 3 smelters in Zambia and owns a proportion of one (see above, maybe more butni havent looked into the other 2)....Mopani. to get more copper out, they will need more ore, so the most probbaly places to look is as close to their own smelters as possible......Luansobe. we are in a great position. This JORC is going to be a game changer. We have enough cash to support ourselves and not let any major steal it off us.

https://www.zambiainvest.com/mining/zimec-international-mining-energy-conference-2022-2/

Altho an old interview from the first purchase of Glenover this interview sets out the intent to procure the whole mine

https://www.moneyweb.co.za/moneyweb-podcasts/moneyweb-now/the-implications-of-afrimats-glenover-acquisition/

Similar message here

"Afrimat will obtain the inventory deposits of historically-mined resources and extend the life of the project by acquiring the remaining in situ resource.”

https://www.mining-technology.com/news/south-africa-afrimat-acquires-glenover-phosphate/

£5m heading our way before November the 10th. They would be mad not to having gone this far

Just under a month until.the deadline for Afrimat. If/when we get that £5m the masses will flood in. £16m mcap company with around £8-9m cash in the bank.

Side note, it always baffles me really how negative people seem to always think they are an oracle by calling out someone who is a researcher and makes predictions based on that research but unfortunately the prediction thaven't happened yet.......it feels like the equivalent of someone calling out tiger woods as he doesnt get a hole in 1 every par 3 and thinking they are more knowledgeable because they guess right odds favourite.

My prediction also. 2p+ November . £5m cash on its way from Glenover on the 10th. The last influx of cash we had from the first traunch from Glenover increased our mcap/sp proportionate to the value of the money we received. £5m gets us 33% from here, however that value to us as a business is way more as it allows us to add value further to our assets. For me that could push us well into the 2p's as it not only safeguards us financially, it increases our chances of success for the future and for an Aim compay thats market value adding........not to mention any news on our projects further boosting us. CB in an interview earlier in the year did warn us of a busy Autumn after a "sleepy summer"

CB kindly replied to one of my emails in July, and this is what he said about Kash

"Ka****u we intend to drill shortly, to identify the low and high grade zinc oxides with the view to commence a small mining operation as early as possible"

As the zinc is relatively close to the surface I think we will drill it to add value to it and then keep our options open for a sale like SZ with a royalty or go operational ourselves. We eariler this year just renewed the small scale exploration liscence for it as well (see below link)

https://twitter.com/Sharedata12/status/1504182371037368331?t=jOa97wTj1z7KUvwY8vaRow&s=19

Realistically the mining operation may not be as close (just my opinion) as other projects such as Luansobe and Shinganda are more progressed and need our cash.

Starzinc Royalties there in the background too. We are awaiting an update on this. Siege mining have slow progress due to proximity of the public however the liscence has been pending approval since April. Feb to June the ministry of mines had a suspension on issuance of liscences. The process takes 90 days. From.the 1st June thats 30th August. However the statement said "soon" for restarting issuing liscences. We should see the small.scale mining liscence update in the cadastre for Zambia any time now

https://twitter.com/Sharedata12/status/1569181964443480064?t=pae0t0CTU7YOzJrntOyTIw&s=09

All being well that's 400k a month at these zinc process and 800k at full operation of the mine (approx)

CB has said in the past he prefers to condense news. So the yearly update could see some exciting updates and push us past this 1.5 resistance. Next stop 1.8 and beyond :-)

If we follow suit with Luansobe the same as Starzing and XTR Bushranger we will get preliminary drill results. We have the same management as both the above projects so there's no reason to think otherwise. SZ started a 24 hole programme (similar depths 60m average) Dec 4th and first results published 13th Feb. I agree with you Analytical, we could see all or at least some results by the end of the month or first week of October. We all know how the market reacts to some visible copper in a drill core. So let's hope we put 1 of our 30 holes right through some

I'm looking forward to a SZ update also - as per 4th March RNS

"Siege have indicated their intention to commence mining imminently, producing in the range of 6,000 to 15,000 tons a month of saleable ore but it is recognised the initial production may be lower. Processing of ore mined, to seek to enhance its grade above 20% and the saleability of the ore will be conducted at a site approximately 4 Km from the Star Zinc project site."

current price of Zinc is $3540 ton

meaning a 7% royalty worth $49.56 per ton of rock for us. this means lower end $297,000 per month, upper end $793,000 a month to us in steady payments.

the JORC for SZ states approx 400k tons of rock meaning 25 months of payments at max out turn. There's a possibility of extension to 900k tons at 12% zinc so further royalties from that.

i can see this moving to 1.8 to match/surpass the options once we break this resistance

plenty of posts on here explaining the reasons why with the plethora of news we have imminent, each with the pushing power to get us above 2p in the very short term.

id imagine more people coming in grabbing the last chance (as you say) to take shares this low price before Luansobe drill results complete the data required for JORC and then the asset become operational. Iv topped up myself today as 1.5p is still cheap given our current momentum and more importantly, whats yet to come

*slow progress

Well, I don't know about you lot....but I'm really impressed with this performance and how we are holding these gains.

Not just a 30% rise and immediate falls again. A legitimate re rate as the market has priced us higher than we were, rightfully so and with more to go yet imo.

Copper price recovering should naturally drag us back up, there's 35% easy. That's not even mentioning further proving the assets on all fronts.

I still can't believe we aren't higher based on just Luansobe alone, literally a few drill results until a JORC for the open pit of 500k tons a year of copper containing rock. Surely we should be given more credit up front for that than we have done. Makes me think these drill results are the tipping point when they come back with copper in.......this is going off! How much more info does the market really need to reflect our true value!!!?

This also isn't forgetting little SZ in the background their. Siege chipping away slowly with their Artisanal mining liscence. Alow progress as without the small scale they won't be allowed to blast the rock. That's still pending and once that's through that boosts our income monthly originally calculated to be nearly £1m a month (less now either deflated zinc prices).

1.8 on the chart, let's just break the 1.35 resistance. We did it mid week, we can do it again

We retained 253 Money :-)

Pls 001, 2, 3 ,4 boarder Kalhari/Cobre's kitlanya East. Imo pl 001 looks very interesting the way it crosses many formations lime other PLs noted as high interest

Here is a map showing exactly how close our Pl 253 is (currently being drilled) to Cobre's Ngami project who intersected visible copper causing their nearly 1000% recent rise. Imagine if we hit visible copper too

https://twitter.com/Sharedata12/status/1560616172738883584?t=FhGpVKQ31ErnWHbNvmVing&s=19

Abit naughty that drop at the end. Another trade must be un reported atm or it will right itself to green/blue again

A generous 4% spread, MMs encouraging this to move still

Pl040 less than 20k away from CCCs operational mine

https://twitter.com/Sharedata12/status/1374103329681313793?t=f3DFw7pTdLboKosLTjYG0A&s=19

Airborne survey shows 040 to have a Dome, 2500m of drilling proved this to be the case and all the right Rock lithology to find copper. Just 2.5k of drilling on a 1000sqkm tenement and we found the correct Rock lithology!

https://twitter.com/Sharedata12/status/1416066942801166337?t=F_d2xJaYCkVhdDUDkS_x7g&s=19

If I was Sandfire with the first right of refusal for purchase and several hundred million dollars of budget like they do, I'd snap 39 and 40 right up. A) they have the right Rock lithology for later exploration B) just like in monopoly it ring fences their competitors and stops their expansion

Just a matter of time before these get snapped up

Here is 2 versions of the same map, our Virgo version and Cupric cannions

Just shows how close our pl 039 and 040 are to their Zone 5 (100m tons at 2%)

https://twitter.com/Sharedata12/status/1373785617960669191?t=BtzQKaaLSSRAUMmeDBO-ZQ&s=19

once these next drill results come back full of copper for Lusansobe and that fills in the final piece of the puzzle for JORC, then this is off like XTR did! how much are people going to position before hand to catch that rise. This re rate indicates plenty. GLA