Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
“ Hawiah is now the third-largest base metals deposit in Saudi Arabia. It’s in the top 10 to 20% of VMS deposits in the world already, but we’ve only just started. We’re still drilling and it’s still growing in resource.”
Good find.
“ The Saudi government has made it a priority that the mineral sector becomes the third pillar of their economy. And therefore, as of the end of last year, mining and exploration licenses started flowing. We received our first few and we’ve been told we’ll be getting more.”
And more updates expected with news flow ongoing.
Tulu Kapi is an asset with a proven gold reserve. With the current gold price & the licence from Ethiopian Govt it's woth tens of millions. Look at GGP - nothing happening there for years but share price gone from 1p to over 20p on identified reserve.
According to Mining Magazine, the company said its principal contractors, Lycopodium – which is constructing the plant – and Corica – due to provide mine services – would deliver final costings for confirmation at the end of April 2022, adding that the anticipated final capital estimate for the project has not changed from previous guidance. It is now resuming work on refurbishing the existing site camp to accommodate the initial construction workforce. It has recently completed a detailed design for the procurement and construction of an all-weather access road, a water dam, and a permanent camp.
https://www.addisherald.com/ethiopia-is-sitting-on-one-of-the-worlds-greatest-untapped-gold-deposits/
It has also begun work on the new processing plant, tailings storage facilities, mining fleet service area, and an on-site metallurgical testing laboratory. KEFI’s executive chairman said on-site teams have returned to work and are preparing for the final launch of the mine project.
If the directors want to achieve upside from a SP increase. They should buy shares out of their own pockets like the rest of us share holders.
We are the owners, they work for us. But the same old BS renumeration board make these decisions. The RNS was sneaky after hours, they know what they are doing. I would have expected GL to have been a little more upfront……maybe signs of things to come now that Graham has got his feet under the desk.
It is the payment to MS that gets me 13 million shares for just doing his job. And the. He goes and sells 2 million of them to pay for the tax. If he thought that there where even half a chance of a share rise then why sell the shares…..it sends the wrong message.
We can all remember JP selling his shares in almost identical circumstances.
Akobo Minerals (Euronext Oslo - "AKOBO"), the Scandinavian-based Ethiopian gold
exploration and boutique mining company, today provided an update from ongoing
exploration activities with new encouraging findings.
· A new gold mineralisation zone has been discovered near the Segele mineral
resource including a visible gold intersection
· The company has drill tested two new targets around Segele, both within 500m
distance
· Preparation ongoing for a soil geochemical sampling program between Segele
and Joru
· Preparation ongoing for a ground geophysical survey over the Segele mine
license area
Hi Sundance I am afraid that further dilution is possible, listen to the latest CFO interview. He slips in the words equity raise. But I don’t think we should see a big drop.
Hi green dragon
I think the chance of getting a divi is remote, in the near term. The management are constantly talking about opportunities for organic and inorganic growth, this will be use up any earnings.. And we have exploration and Tax to pay for. The growth should eventually help the bottom line.
Also don’t forget this is a piece of company paid marketing and will therefore paint the best possible picture.