Member Info for Datacheck

Thanks for the links Guys. Just in hol so playing catch up so good to get a head start with handed on links :-)

I too believe parts of 251 are in the expansion project for Sandfire. The maps aren't great but the shapes of the PLs .....or parts of the PLs are quite distinctive so you can see the gaps and how they may fit in the project. The below shows this and also the proximity to A4 and T3

https://twitter.com/Sharedata12/status/1419754560030187520?s=19

Let's keep saying 9 as it messes with Ella's OCD ;-)

Apologies I missed the bit about just Botswana :-).

I do really think the Siege royalty is the turning point of us as a company. Its the catalyst to all of our projects and the safeguarding from an investment point of view against cash raises. I calculated a while ago the total value to us in royalties of all 400k tons of rock is about £12.5m, spread out over 2.5 years.... ish ....in monthly payments. This justifies the current Mcap alone, and like I said opens up the future for us in a safe way for our other assets......particularly KCB. The further we can prove the PLs on our own the more money we will get obvs from a potential sale, and imo the quicker a major will want to buy it off us......before we prove it too much as they won't be wanting to pay top dollar. Other minors that aren't self funded are at a disadvantage as majors could just outlast them and force a sale as the longer they exist the more cash raises they inevitably have to do. So SZ is huge for us imo.

Great summary Dcat, thanks for sharing

ZAMBIA
Siege mining final payment £700k for starzinc sale
Royalty monthly payment to be approx £180k moving up to £400k a month at current zinc prices.

Operations started as can be seen via Google maps
https://twitter.com/Sharedata12/status/1425915802843234305?s=19

They have an artisanal mining liscence and small scale exploration liscence, new application gone in for a small scale mining liscence, so worst case scenario payments a couple of months away. Zambian government owns 5% off SZ so it's I their best interest to grant the small scale mining liscence, plus they've already granted the artisanal and exploration

Dcat 80, he mentions your post in the interview :-)

Handy trick is to use twitter for our "informative cafe". You don't have to sign up, you don't even need twitter

https://twitter.com/Share_Talk/status/1438404729109897219?s=19

A nice confirmation of Siege mining royalties should be next for SZ. £180k moving to £400k a week at current prices.

Our recent placing of £2m, now this final payment of approx £2.5m means plenty of cash in the bank for exploration, but more importantly safe guarding the company and our personal investments

The broker note says that they expect drill results to be published late August, unless there is an extension, and a few pages before in the summary it states expected results back in Q3.
Next week is the long stop date for liscences on KCB and our Siege payment of 700k was supposed to be 90 days after liscence transfer and that was 25th Aug (if calendar days)

Alot of bits to update us on outstanding, so hopefully soon

A self funded Minor with income justifying the current Mcap, meaning any of our assets should add to it, a rare thing. We just need all the ducks to stand in a row :-)

Welcome back Topcatz

Our £700k from Siege as per RNS is 90 days after the liscences were handed over (27th May as per mining cadastre website) so that was 25th August. Next month we can be expecting a royalty payment of £180k and £450k at current zinc prices and then every month going forwards to the tune of £11m ish in total. Tha and drill results means we have a lot to look forward to

I bought £499 and that shows as a sell.......Chipping away where I can ha

A few daft tiny trades that used to crop up before out rise. I remember me and Ella speaking about it. If it's to be believed here is the signal link

http://www.pennystockdream.com/Market-Maker-Signals

I personally wouldn't bet my mortgage on it though haha

It's good to try predict Billy, you stand a better chance of achieving something when you're trying to actually hit it. 3-4 weeks let's see and fingers crossed :-). Like you day, drills are turning and the Shard Brokers report says results Q3. There's not long left of Q3.

Thats ontop of our Siege money which one justify the current Mcap.

Both juicy RNS worthy things

Not sure of this has been posted already

https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-bulletin-board-heroes-august-12-87d86c9/

Charts not looking too bad should we break 1.3p

It could be a whole manner of thinks Host. Could just be finally the MM's getting abit of much needed churn back, or it could be people buying in to set up shop before the news drops that we have been posting about the last couple of days. Hopefully the latter, which means a re rate up. But both are good after a long dry spell after our cash raise

Thats a really good point CE, they pay at discount for others but they saw something valuable in us and were willing to pay above the asking price

*good

No problem Gents, go summary Castiron, such alot to arrive in a short space of time, hedges our vets also

Google maps now updated and shows digging operations at StarZinc

Google map co ord: -15.262500,28.244444

https://twitter.com/Sharedata12/status/1425915802843234305?s=19

Top picture is now, bottom picture is 31st March

£700k end of the month
£180k - £450k every month after that

So in good news, zinc price is the highest its been in a few years at over €3k per ton

"Royalty Payable to Galileo: Galileo will be paid a royalty on any future sales of zinc from the Star Zinc Project based on the zinc grade. The minimum royalty rate is 3% and increasing by 1% for each US$250 increase in the zinc price above US$2,500 per tonne up to a maximum of 10%. The current LME price for zinc is US$2,786 per tonne based on the London Metals Exchange closing cash price on 3 March 2021 being the last practical date before this announcement. If the Zinc concentrate grade is 25% for a sale at a zinc price of US$2,500 per tonne this would result in a royalty of US$18.75 / dmt whereas if the Zinc concentrate grade were 30% a sale at a zinc price of US$2,500 per tonne would result in a royalty of US$22.50 / dmt"

Example above calcs $2500 x 0.03 x 0.25 = $18.75 per ton of rock sold

For us we are way better, we are now at $3k per ton zinc price peaning a 5% royalty.

Using the starzinc Jorc there is approx 400k tons of rock at 20% zinc on average (yes it goes up to 40% but let's use 20% as a reserved estimate)

So

$3000 x 0.05 x 0.2 = $30 ton rock!!!!

Initial rock removal will be abit lower as per RNS, so the bottom end of the 6000-15000 tons per month

Again take the reserved numbers

6000 tons x $30/t = $180000 per month initially

Rising to

150000 x $30/t = $450k a month

All the above in the next couple of months, possibly starting next month after we get our $700k at the end of this month

Total revenue 400k tons x $30/ton = $12m (of prices stay as is)

400k/15000t/m = 26 months shortest. So €12m coming into the company in a little over 2 years!
This proves the current mcap alone just on the SZ revenue!

We then have our other assets ontop! So when we start getting our revenue.......this year!!!.....this should directly affect the mcap

We then have obviously KCB And other assets ontop

Next month or 2 will tell all and prove to be the turning of the company of our plans come off

You're dead right Ella, 15th March TIR RNS, I knew I had read it somewhere, I was a bottle of red in by that point ha. I think there are just too many factors we don't know about to hazard a guess as to why it seems the liscenve transfer from AFR to SF has ran late with no update. I personally am going to take our latest RNS update about the end of Aug as whats going on.....and hopefully AFRs issues are their own