Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://www.youtube.com/watch?v=pbJRTFHgtw8
The ARCM presentation has some useful info regarding NW Zambia and Bots for anyone interested.
With copper prices near all time highs, Afrimat transaction completed, Luansobe license approved and Shinganda drilling in the next few weeks, hopefully interest will pick up. Then by the autumn drilling results will start arriving from FQ/AFP. ARCM/AA and others for NW Zambia.
Https://sandersoncp.com/
Sanderson have a large part of their investments in natural resource companies. I am sure they have done a lot of dd to provide this deal so very encouraging.
The hardcore shareholders on here might never have been in doubt. But potential new investors would look at the accounts and see the lack of cash. Something that people on here have previously mentioned about AFP. Now both companies look cashed up and ready to push on . Time to sign contracts and get the action going for both.
Prickly, COPJ, the junior copper miner etf is up 40% in the last 6 months. GLR/XTR/AFP/BZT up ........... . In fairness to Colin he is putting a lot of effort in. But still a lot of might/could/hope/ potential .........Timelines and hitting them might spur some buying but real results including the payout tomorrow wouldn't go amiss.
Rumour of Nasdaq being interested in taking over AIM. But I am not sure if that is what you were looking for.
My take is: testing the Luansobe deep is the main interest for that project. If that comes in then a sell to IRH most likely. If not, it will be dig out the shallow pit and go to plan B.
Shinganda again remains interesting and hopefully drilling soon to test the theories.
NW Zambia continues to excite - but just not on the bulletin boards !.
Https://www.datacenterdynamics.com/en/news/tesla-spent-1bn-on-ai-infrastructure-in-q1-elon-musk-posits-using-cars-as-distributed-compute/
Lack of new supply and the demand is only going to increase. A.I is creating massive new demand and now, not in the future.
Https://www.mining.com/web/blackrock-says-12000-copper-is-needed-to-incentivize-new-mines/
Ana - that has been the strategy for a long time. If an offer came in for the whole lot then of course they would consider it but we wouldn't be partial to that information.
As others have said, a second listen is always worthwhile for the detail. Hopefully the BHP move will bring attention to the copper space.
Thanks for posting the podcast link and to the guys for producing it. Good news that FQ are getting the drilling machinery into place in NW Zambia. Luansobe and the Kalahari are good but a find in NW Zambia is what we are dreaming of.
I still think a deal with ILH is the most likely outcome for Luansobe. They have the finances and size to expand in Zambia. Colin is also based in the UAE and JLP has already done a deal with ILH. Given the power shortages in Zambia it will require a company with deep pockets to sort the issues out and the UAE has already announced they are going to invest in Green energy projects such as solar. Hopefully we will get an update this week on Luansobe and then the Afrimat confirmation shortly after. Maybe some publicity from Charles would add interest.
Https://www.mining.com/web/congo-copper-mine-suspended-amid-radiation-concerns/
Another mine off line. Supply will only get tighter. Lets get Luansobe into production asap.
Https://www.mining.com/porphyries-deposits-holding-the-winning-trifecta-with-copper-gold-silver/
My broker wouldn't let me buy the Wisdom Tree Copper ETN, nor was COPJ available. So stuck with dodgy AIM companies plus BRWM. Back in 2003 I was keen on gold. In those days there was no gold ETF so I bought AIM mining shares. Gold was approx $300 an ounce. Quickly went up but the companies invariably went bust or screwed by the respective Government or Chinese. Hope this time is different. Maybe others know of other options.