Member Info for flipper56

And the July presentation restates first oil late 2026. Patience required.

Lets hope others like ARCM have drilling success. Even AFP, but not sure if Colin remembers that is part of his stable.

Interesting move in the shareprice. I see FQ has just done a deal with TYM. Hopefully the Zambian copper space starting to show signs of life.

A bit more. ( I am invested in ARCM and the Birdie stable)

https://miningaim.co.uk/charles-archer-blog/f/arc-minerals-%E2%80%93-flash-update

Https://www.mining.com/vehicle-electrification-requires-55-more-copper-mines-by-2050-report/

Https://www.mining.com/vehicle-electrification-requires-55-more-copper-mines-by-2050-report/

There has been plenty of positive news coverage over copper the last few days. Hopefully with interest rates looking to come down investors will turn their attention to small caps. Some good drilling news from northern Zambia would help.

Good to see Navitas closing at record highs. Hopefully will break 15p this week and do a quick spurt to 20p. I remember buying plenty around that price convinced it wouldn't go lower !.

I admit, like others, it is frustrating and boring to have a shareprice stuck in the current range. And a quick sell at Luansobe would guarantee a strong financial position for 2025 and beyond. But are we giving too much potential away by doing a quick sell ?. if the deep drill comes in it would be a game changer. For the moment I am happy to wait and see but I had expected the junior copper space to heat up by now.

I think the diggers were for the swimming pool at the safari lodge. We just got carried away thinking Colin was planning on producing copper ..................

Https://www.express.co.uk/news/world/1921189/flakland-islands-argentina-oil-dispute

Suggests no immediate plans for the southern basin.

Https://www.express.co.uk/news/world/1920808/falkland-islands-uk-argentina-conflict

The more they whinge, the more hopeful I become.

It doesn't matter which party has one. There is no chance any of us will have a Capital Gain Tax issue whilst investing in Birdie Companies ......

At least copper has finished the week strongly. One day a miracle might happen and we start getting some out of the ground. Or will it go the same way as those great zinc, lithium and gold projects.

Https://www.theguardian.com/environment/article/2024/jul/01/north-sea-oil-transition-plan

Not a newspaper that I would expect to read sense from but this article was of note. Maybe even the eco zealots are starting to see commonsense. Turning the country into a hippie commune might appeal to some but most grow out of it.

The comments in the BZT report did make me laugh. He has written the Argentine Eureka project off due to political instability. When was there ever political stability in Argentina ?. Personally, I do the same for the Philippines and Zimbabwe. Saying that, it's a competitive field these days - maybe the UK will shortly be joining that crowded honour.

Https://oilprice.com/Latest-Energy-News/World-News/Argentinas-First-Ultra-Deepwater-Well-Comes-Up-Dry.html

Plenty of oil further south but keep it quiet ........

NtM, the odds of finding anything, especially given this is blue sky, is always going to be low. Equally success could be extremely profitable. But then so is doing the lottery.

Your point about changing CEO is very pertinent. I would guess Martyn Churchouse is a front runner. Given his performance at Caerus Minerals I wouldn't get too excited. I just hope his geological skills are better.

Would they know that information from previous unpublished drilling ?. To plan on taking production to 200 thousand barrels requires quite a leap in faith.

I see the eco zealots are already taking control

https://www.bbc.co.uk/news/articles/cxwwzmn12g9o

Hopefully copper has retested the breakout and is now ready to make the next leg up. Alternatively China is going to go tiits up. Time will tell.

Surely they must have a good idea what is there. It was drilled but from memory abandoned before they could log it. I remember Marlon was always keen so hopefully he is proved right.