Member Info for fulmar29

will the "several KM north "( NVS quote today) link up to the 4 drills planned for Kal North,if so with increased grades and a huge area this will dwarf anything in zam so far.GLA

The MMs exist "allegedly" in order to create liquidity.Following my comment yesterday( with significantly more buys than sells ) that some warrants had probably been booked and would appear this morning Da Da ! there they are and the MMs use them to lower the price by over 6%.My question is "Who are they creating liquidity for??????????" Whatever they do short term they cannot stop Arcm getting out of the Cesspit.GLA.

With JORC "expected" before end Q4,Casa and Sturec news together with "JV partner news" (% and payments), SSDP updates/commencing production and at least 8 RNS due re drilling ,my guess is nearly 1 per week.

these first 4 drills are establishing the potential southern limits of a mine "open to N.E and W." To have outer limits with these grades is looking initially very good.

@Jeremiah,and how typical of NVS to build it up gradually.its only the first set of results and they are better than Sentinel .If grades continue to improve,and the area widens significantly,this could be absolutely mega,and it's the first of 9.In the short term,I feel that there is a buyer with orders in @5 which the MMs are trying to help fill.

To date the drilling has intersected rocks that display a much higher degree of metamorphism than what is typical for the Copperbelt. This has resulted in a far greater thickness of sulphide mineralisation being intersected than previously modelled--Better than Sentinel ???

someone is grabbing the warrants sold (250ks),but how many left ?My guess would be some will have been booked for tomorrow otherwise sp would have lifted further. Doesn't really matter,"what will out will out"

Nick looks a bit under dressed meeting chief Sailunga !

And my final word on this is just repeating what I have said before .The real value of the SSDP is in the fact that it will remove any need for a placing for further exploration/drills. Unless Kalaba see sense and take a percentage of a company that is going to multiply significantly GLA

On Kalaba figures I would estimate $1.8m pa x1.3= £ 1.4mx 65%= approx £1m pa but forget that,where is their share of the costs ?

article yesterday,is a cautionary tale of AIM. With all the excitement around this share,investors should not go overboard here .GLA

Kalaba North is also having 4 D Drills,and there is historical data there of grades over4%.i.e. 8x Sentinel grades-if there is volume there !!!!!!!!!! "first phase drilling completed by Q4 "

I agree we will not have 9 Kalumbilas.but given the fact that Cu is twice the price now,it is pretty easy to see how with only 1 gem priced very conservatively at $260 and the rest averaging $100 each then the $1b figure is not exactly going to be difficult to achieve (eventually) GLA

@Jeremiah,I am not coming up with anything like your valuation for the additional Mcap .Keeping in mind we will be producing cake,and then need it processed --,at 7 hours per 6 day week for 40 weeks,with an initial 2% cu equiv (£3k nett pt),I make it about £1m nett (ish) p.a..I would love to be shown different.The SSDP is peculiar to this site and now established protocol, may well be an easy way to start production on 9 sites,in order to prove commerciallity,even planning permission to set up the plants could spur an offer.

is the biggest factor here.NVS likes control Previous Zam holders have sold for 6p warrants (delayed exercise dates I believe 12 mths) If Kopara sold their stake early to a potential bidder we could have a problem.So I believe the lack of news re the $150k ++ owed for their part of Zam work (drilling and SSP) will be influencing negotiations behind the scenes.One possibility is a cash buyout of Kopara shares with Casa cash".Lots of other scenarios are available from all good supermarkets"

No I don't.I was part of that investor call,and my conclusions were that he is always setting out a strong negotiating position for when that offer "is too good to refuse".In the meantime he will "prove up " the assets and get us into a position where several majors want us.Still think 12/18 mths min.But if that big offer came in sooner,great !.

Q4 2018 for a Zam sale or JV ?

to anticipate t/o but anyone in here now who is patient should see multiples .PFS (Akyanga) will take a year or more ,drill results in the meantime (along with other news) will build the sp If we are lucky NVS will drill other sites before a sale .Nevsuns recent t/o will have stirred the pot and Majors will now have their acquisition eyes open.Someone could take a "long-shot" punt on us,but more likely that some will start a position after first drills and build gradually until PFS/ FS Definitely an investors share IMO

IMO BO would be 9 sites plus anything left unsold."New Radar tech"(if it works is there to help give an inferred value/quantity to all un drilled/or partially drilled sites. Kalaba will lead the way and SSP will help fund exploration on others.Any major really interested would be desperate for us not to JORC the lot,but would rather buy us with a large potential upside.

@Dcat-Nevsun was a direct result of the marl t/o as I kept Sand and began reading and researching Canadian boards.To others who might be interested Sand SSL have their own geology dept and do some of the initial hard yards before they invest themselves,so although not guaranteed it is certainly not without DD being done. GLA