Member Info for Ella10

Keith,
Totally agree on point 1, that's why I have been saying it's prudent for them to reassess their data and targets before announcing their strategy for the KSZ.
I wonder if getting access to another known area of mineralisation would help them understand their data better?

FKC,
I suspect Peter Wynter Bee played a part in obtaining the recent funding.

I am still really struggling with the logic and feasibility of a mining licence. Obviously security of tenure would be an advantage before Anglo spend many millions, but I can't see that the application would look anything like what AA might want further down the line. Zambia is keen to support small scale and artisanal miners but I'm not convinced Anglo would have that sort of activity and associated risks on their licences. Yesterday's JLP RNS and the opposition to FQM's solar/wind farm made me wonder if it was related to getting permission for infrastructure on site but I still come back to the fact that they are unlikely to have sufficient detail to plan this in detail. Do the mining licence applications give more influence over any infrastructure improvements in the area?

I don't really have a theory - I don't know enough about the history.
https://m.miningweekly.com/article/copper-360-starts-drilling-campaign-in-the-northern-cape-2023-02-06

Does anyone know of GLR do own 15% of Concordia? The 2021 annual report said they do but were waiting for the shares to be issued. The 2022 report only mentions a 10K loan. I realise this been pretty much written off in terms of any value but something has made me a little curious.

'with the Zambian operations suffering severe disruptions due to country wide power outages that resulted in prolonged down-times and damage to plant and equipment which impacted its ability to operate as intended and effectively.'

I have no issues with going very public on my concerns with ARC's exploration techniques over the last 18 months.

Fulmar,
Are you suggesting that when Kopore renewed their licences for PL162 and PL135 that they did not hold onto their most prospective areas?

Fulmar,
Please explain in what respect my post is wrong?

Those areas were part of the kopore licences. If you look at their quarterly activities reports for March 2020 and June 2020 you can see that the areas that these licences covered was reduced. Presumably Kopore held onto what they believed to be the most prospective areas.

Luansobe is looking really promising :-). A decent inferred resource AND a great exploration target. A quick and uneducated read around Mufulira suggests Luansobe could have some very long legs. GLA

An interesting and quite detailed article on Khoemacau (Copied from another board :-)).
https://www.miningreview.com/base-metals/khoemacau-delivering-expectations-planning-first-expansion/

I am hoping that there is some positive news to come, which justifies Jeremy Brett becoming a director. Responsibility for drilling the KSZ multiple times in the wrong place doesn't really sound like a compelling enough reason. Hopefully either something more and really positive (and unique) on the CSAMT front, something on the KSZ front or something on the JV front.

There are (at least) 2 other shareholders in Kalahari Key which could influence the financing and newsflow regarding Molopo Farms.

F79 that may be the case but the EA may also m have been let lapse to try to get the legal cases sorted. Arc/AA may have felt that if AA weren't involved the other parties might see less scope for a large settlement. They couldn't progress while the cases were ongoing so allowing the EA to lapse may have got a better result for Arc, although the SP suffered.

Love the description :). Finding mineralisation or not can't be laid fully at Ben's door. However, running a decent exploration progam is the responsibility of the directors. Some choices have been poor, but hopefully lessons have been learnt. Some shareholders certainly possess great tenacity and are likely to continue looking for improvement, if required. Some folk bear a long term grudge and require retribution but some see when things change and can accept an apology. I'm looking forward to seeing the exploration program for the next 6 months, hopefully some money man won't scupper it by doing another raise.

Ah Ok, I agree - I don't think a PJ partnership on the KSZ would be a good idea! I think someone like Kobold might be quite interesting, if they took the project seriously and it wasn't just something for the distant future. As you say serious interest seems unlikely at this very early stage.

Hi JP,
I do recall you saying about the budget. The prospectus does suggest that they wanted to do further target definition before drilling. I know you want B1 drilling before a JV, but with KAV having so much area in the KSZ, do you really think it's that critical? Drilling B1 again would create a bit of excitement. I was hoping KAV might get some interest / news from the mining indaba. I assume our new non-exec director will be attending, probably with some others.

A remineder of what the prospectus says about the proposed schedule of work for the KSZ.
'Kavango Minerals has prepared a staged exploration programme with ground-based geophysics followed by drilling. The next phase of exploration is deemed to be “Target Acquisition”. The work programme will consist of additional Surface TDEM, ground gravity, CSAMT and further diamond core drilling. A budget of $100,000 has been assumed for geophysical work in the KSZ North and $100,000 in the KSZ South. A drill budget of $255,000 has been assumed for the period to test selected confirmed targets. Depending on results the Company might continue drilling or decide to extend exploration in the Northern or Southern portions of the KSZ. '

Duncan clearly says this is is the only deal that they are in talks about so I guess the commercial terms to be lansed refers to this deal. Seems like 3 years may not be long enough.

The deal is down to the commercial terms that they can land.
https://www.reuters.com/article/mining-indaba-anglo-american-idAFL8N34F5W9