Member Info for fulmar29

it's even better than I thought-I missed a zero off :-)) -No PIs are sure of anything and has been pointed out AIM anything can happen,but for me the ducks are lining up. GLA

just look at the Crux interview.A man who never tries to "over egg the omelette" says a 10 or 20 bagger.

I said the interview would be good,I was wrong,it was better.Loads of info,and we now know most importantly where he takes his holidays :-)))) Biggest (possible) hint (for me) in there is the mention of Mr Friedland , Ivanhoe mines who just happens to own the high grade Kamoa K mine and all surrounding licenses. just north of us and right up to us.The question for majors now is,do they pounce immediately (do their trading parameters allow ?) or wait until the family offices acquire more and prove up the resource to cost them many multiples of what they would pay now.

"Zero or a 10 or 20 bagger" from Mr Conservative !!!!!!!!!!!!!!

https://t.co/xs2ABfev52?amp=1

on Crux next week .https://twitter.com/i/status/1195311851178987520 I believe it will be very good

Not really "straw clutching" just trying to change the subject a bit and reiterate there is still natural growth in the copper market, and with the additional massive burden of renewables and EVs our day will come.We are lean.cash rich and as was previously said by NvS "have an embarrassment of riches" re our assets GLA

http://outbreaknewstoday.com/copper-hospital-beds-harbor-95-percent-fewer-bacteria-than-conventional-hospital-beds-study-87046/

Had email with Nick who answered a couple of questions and confirmed DRC was definitely not in the plans of potential Zam purchasers and is now very Bullish on " this is the road to a much bigger deal going forward .

any thoughts on what the two following statements mean 6.30 in "defer the work early next year" and 7.20 in " if we can upgrade the material before it goes in" ?????

@Poor--how is anyone over excited ? stating the facts that we have sold an asset and saved some costs !!!!!!!!

correction we have saved "closer to $40 kpm" ( re the pro active pres). over £360k p.a.and now have more cash in the bank.
Sometimes ,(like all things in life) you have to just cut your losses and move on,if you can do it with a few bob in the bank- DO IT !!!!!!!!

More to the bloody point,we have just saved £163,000 p.a. cost of running the dead asset.Not the price we would have hoped to achieve,but anyone who can't see we are financed through at least 2 MRE's just doesn't want to see it.More drills and news to come,with the right timing for copper .

https://www.mining.com/web/funds-are-starting-to-turn-more-bullish-on-copper/

Conclusion
Nickel is used in two of the dominant battery chemistries for EVs, the nickel-manganese-cobalt (NMC) battery used in the Chevy Bolt (also the Nissan Leaf and BMW i3) and the nickel-cobalt-aluminum (NCA) battery manufactured by Panasonic/Tesla.
Battery manufacturers have been developing nickel-rich NCM 811 batteries (80% nickel, 10% cobalt and 10% manganese) because they have longer lifespans and allows electric vehicles to go further on a single charge.
Most Chinese battery manufacturers use lower-cost lithium-iron-phosphate batteries ie. no nickel, but they are looking to migrate to nickel-containing batteries with several including Shanshan, Nichia, L&F & Reshine producing them. China’s biggest battery manufacturer, Contemporary Amperex Technology (CATL) told investors it has begun mass production of the NCM 811.
Jinchuan, China’s top nickel producer, plans to build a project in Guangxi that will produce raw materials for the EV battery market.
It makes sense to use more nickel in EV batteries, because doing so increases the battery’s energy density, thereby extending the vehicle’s range.
It also explains why China needs nickel sources to fuel its booming electric-vehicle industry. (China is by far the largest EV manufacturer, followed by the US) In 2018 China only produced 110,000 tonnes of nickel compared to 560,000t in Indonesia and 340,000 in the Philippines. If it’s switching from phosphate-based lithium-ion batteries to nickel-based, it needs a large, secure supply of the base metal.
The country already has a lock on cobalt, graphite and rare earths production, so why not get a monopoly on the nickel market, too? China appears to be using Indonesia’s ban on raw nickel exports to do just that. Not only did China buy up most of the world’s nickel stockpiles from under the nose of the LME, it also managed to give itself a two-year head-start on the rest of the world in working with Indonesia to develop a huge facility for developing battery-grade nickel. Chinese-led, of course. Because China doesn’t really care about helping Indonesia to become an EV battery hub. Its real goal is to establish a nickel-processing beach-head in the largest nickel producer in the world, using Chinese technology to process class 2 nickel laterite deposits into class 1 battery-grade metal. Then sell its nickel chemicals to battery companies either in China or Belt and Road countries, as it continues on the path to complete global metals domination.

By Richard (Rick) Mills

https://www.miningweekly.com/article/ivanhoes-kamoa-kakula-on-track-for-2021-production-start-2019-11-08

I don't even collect stamps :-)

@J99-Ch E doesn't need to be a huge deposit-with average grades in excess of twice Sentinels and much shallower depths,it could be a third of the size with the same profitability. The CEO of Rio T said recently that mega deposits have gone and they will be focusing on smaller more easily mined and more profitable deposits.He could have been talking about us. We have several sites,so lots of options with hopefully Kalaba covering some costs.Early days but very promising.

250x 250 refers to "Drill holes CHDDE047, CHDDE049 and CHDDE051 were drilled in a part of the prospect that measures approximately 250m x 250m and at present forms the current core to the higher grade mineralisation at Cheyeza East what we have established at present" ,IF the resource spreads as far as 3km X800m as indicated by the aeromag then it is 38 times what has been drilled at present. It won't of course be 38 x but certainly multiples of what we have uncovered so far.Hence Sentinel comparisons are possible.And this is one of several sites.I also don't really care what people want to hear,but Zamsort is gearing up to be huge.

Depending on the next release of tonnage from Kal.it will go a long way to showing the market we can be positively cash generative (removing dilution risks),and then we can then get on with completing the job of showing Ch E on it's own is equivalent to Sentinel nett ore volumes,and far more profitable as much shallower depth and better grades.