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Hz. I have posted plenty of positive things. AIM has been terrible, mineral exploration is difficult. I am a great fan of exploring the potential of NW Zambia and have said so many times. I have also posted many positive things on Manica - more so than Colin !. But l am lost as to what his plans are. Explore NW Zambia or take on further mid tier projects with more placings ?. And given the inability to get copper out of a small mine, what chance a large mine. And he will probably get this deleted which annoys me.
Superritch, if the Green argument is used, then wouldn't Panama be justified in blocking the Cobre Panama copper mine as proposed by Greta and Co ?. Governments might start to regret their Green passion as chaos starts to reign and everything ends in legal disputes.
Navitas spoke about bringing in other partners sooner than what was previously said. Is it time we just accept a smaller % and bring in partners who can actually get the deal over the line ?. Labour will be just as pathetic if they get into power. Paradoxically it was north sea oil that financed their largess last time in power.
It's a very good update for JLP. But given Luansobe should have been in production by June according to the management, surely we are entitled to an official update from the Company about what's happening. We were also promised an update on further drilling at Shinganda. Pre Christmas RNS please.
Https://www.mining.com/web/tighter-supplies-to-create-tailwind-for-copper-prices/
Https://www.mining.com/web/sprott-hanetf-launch-copper-miners-etf-focused-on-lower-carbon-footprint/
So the copper mining etfs have started. And Ivanhoe one of their biggest holdings. Now need a junior copper explorer etc.......
Just had a look at shares and noticed the PREM RNS. Was about to come and ask on here about the spodumene grades, but thanks Iky, you've answered that.
So am l right to think, subject to grades and PREM achieving those spodumene grades in production, our Kamativi asset would be a goer even in a poor market ?.
Panama has just forced First Quantum to suspend production of their Cobra Panama copper mine. This mine supplies 1% of global copper production and so is not insignificant. What has surprised me is that our guardian of the world, Greta, supports this. If we cannot have oil and gas and now copper mining, what can we use ?. And are western banks going to be happy losing billions of dollars in investment lending with each expropriation ?.
It will be interesting to see how the Kamativi grades turn out. A good project should find buyers l would hope. Unfortunately the Zim government is doing its best to mess everything up, just like it did with the diamonds.
Iky , thanks . How about UAE ?
They are committed to spending on mining projects across Africa. Would Colin's Luansobe, Hope and Ongombo assets appeal to them ?.
The drop in lithium prices is unfortunate. Longer term demand will catch up but short term it is what it is.
Courtesy of Gotreal JLP bb
https://orocoresourcecorp.com/_resources/blog/2021-Q1-Goehring-and-Rozencwajg-Market-Commentary.pdf
Net zero will be a tough ask without the Western Foreland making a significant contribution ?
Ben, if BZT are relying on the PI then they really do have a problem. The PI is a densely populated country with a vulnerable ecosystem. Many areas are not suitable for large scale mining. For sure the current Marcos Jr Gov favours mining. But then Ferdinand Marcos tried to build a nuclear power station on a geological fault line in an earthquake prone country !. As First Quantum are finding out in Panama, governments change.
Hopefully now the BZT placing is out the way Colin can get back to GLR duties.
Sometimes l wonder why Colin just doesn't just merge his companies, sell off some off the assets and actually get some copper out of the ground. I pray you are right Iky. Personally l don't even want to sell our Sandfire shares, at least they go up in value !