Member Info for ipitythefool

Resulting situation 3.823% so a drop from over 5%, not increase. Probably accounted for by dilution the other day. The Swedes can't half drag things out. March we were told.

Vasterbotten

Mate, I was being sarcastic.

[facepalm]

Well, I don't know about anyone else, but based on this comment, I have just sold my entire holding, my house and my car. Withdrawn all cash from the bank and heading for the hills. Suggest you all do the same.

Erstand Storuman (legal decision in March) and Konkola West (JV with KoBold Metals where they pay all costs to continue to target down dip extensions from Mingoma) to appreciate the ridiculous potential of TYM. I have bought all way down to lowest ebb but still have a tranche of shares from 2024 for about 0.12 so anyone buying in now has derisked enormously since then and can buy a ticket for the same ride today. Shocking opportunity.

People need to und

I find it odd that people are investing in an exploration play based on the price of silver alone, which is what seems to be playing out at the moment. If the news out of the ground is bad, you lose regardless of silver price. If the news out of the ground is good, you win. It's only the multiplier that is affected by the metal and given the low starting point of this share price, I think that multiplier would be more than adequate for even the biggest of commodity bulls! Back to the pre-silver-bubble upward trend it is then. Bought some more.

Pandy! Apologies. I had meant those foolhardy LTHs like myself who bought more ALL the way down! My unprofessional and unsolicitied approach, having been burnt more than a few times over the decades, is to think in individual trades rather than companies. Your oldest trades (view as stand alone) are unlikely to break even now, but good trades on a recover - if you take profits - can begin to offset the losses from earlier bad trades or even wipe them out (depending how far underwater you are - eek). If I believe in the long term future of the company - as I do, bizarrely, with TYM - I'll stick with a core holding and keep making trades around it. Unfortunately, my timing is usually awful, but if I see a spike these days, I'm going to try to bank some profit. I have to force myself though. The FOMO is real. GL

I've been in for couple of years now. Decent holding. Big tranche at 0.029 mwahaha. What is going on? I can't see any reason for this to spike. Is this a news leak or ppl just being hyped up by some tipster? Regardless, happy to see the rise as it's been overdone last 18 months. Have taken some profits but kept the core. Good luck all LTH and remember to take some profits on this pre news spike. I am usually poor at doing this. Anything less than brilliant lab results and said profit will disappear as fast as the herd.

Aside from lack of creativity around positioning of operational infrastructure/buildings etc, I don't think we can blame Cheetham* for Storuman situation. That lies squarely with the conflicting policies and overlapping authority/control of mining established by the Swedish government. Offtake agreement with Possehl in place if and when we get the green light; assuming nothing has changed in the last 8 years!!

* Such an unfortunate name. Was once invested in a company run by a Mr Swindells. Imagine the two of them joined forces?

Rains always come in Zambia. Understand those who want liquidity over winter, but for those who are happy to watch this play out, this strikes me as a good entry/ top up point. Still have news to come out e.g. Storuman appeal outcome which could drop over winter (submitted March 2025 and Sweden Gov said "up to 12 months"); the Gov were for us last time.

Lol

... and provided the wrong depth on KWDD002.

A Kobold X post from Aug has been bugging me for a while. I gave in to my brain and did a little research.

31st March 2025 RNS

"Hole KWDD001

Drilling of hole KWDD001 has now been concluded after continued technical difficulties and limited advancement of the hole since the last update (20 February 2025) and having reached a down-hole depth of 2,711.1m."

NOTE: Use of word "concluded" and in mathematics, as my 10yo will tell you, "2711.1" rounds down to 2711 and will never round up to 2712.

25th June 2025 RNS

"KWDD001

Hole KWDD001 was collared in the northeast of the licence and was drilled to a depth of 2,711m where it was terminated due to continued technical difficulties prior to reaching the targeted horizon (Ore Shale, Copperbelt Orebody Member). KWDD001 is believed to be the deepest mineral exploration drill hole to have ever been drilled in the Zambian Copperbelt and marks a significant milestone within the industry...

KWDD002

Hole KWDD002 is collared on the eastern side of the licence and is targeting down-dip extensions of known mineralisation (Figure 1). KoBold commenced drilling of KWDD002 on 26 March 2025 and drilling has progressed, as of 19 June 2025, to a depth of 1,343.7m."

11th Aug 2025 Kobold Tweet

"The deepest drill hole in the Copperbelt! KoBold’s Konkola West team has reached 2,712m, uncovering new insights into great mineral systems. Congrats on a record-setting milestone & thank you to our partners

@titan_drilling @Tertiaryplc!"

NOTE: Use of present perfect tense implies current/emerging news. Tone is congratulatory and X tends to be for new information.

30th Oct 2025 RNS

"Hole KWDD001

Hole KWDD001 was collared in the northeast of the licence area and targeted down-dip extensions of mineralisation to the southwest of Mingomba and Konkola Deeps (Figure 1). The drillhole was drilled to a depth of 2,711m but was terminated due to technical difficulties before reaching the targeted horizon (Ore Shale, Copperbelt Orebody Member). KWDD001 is believed to be the deepest mineral exploration drill hole to have ever been drilled in the Zambian Copperbelt and marks a significant milestone within the industry.

Hole KWDD002

Hole KWDD002 is collared on the eastern side of the licence area and is targeting down-dip extensions of known mineralisation southeast of the Konkola Mine (Figure 1). The drillhole was drilled to a depth of 1,802m but was recently terminated due to technical difficulties."

Unless I've made an error (v possible) there are 3 explanations I can think of for these erroneous figures.

1) On 11th Aug, Kobold simultaneously congratulated its Konkola West team 4.5 months late AND got the depth wrong by 1m

2) On 11th Aug, Kobold simultaneously congratulated its Konkola West team 4.5 months late AND provided an alternate, accurate but unpublished depth that differs by 1m (technical reason while extracting drill??)

3) On 30th Oct, Tertiary/Kobold made a clerical error

Swedish Gov, which has already contested Mining Inspectorate decision once before, said up to 12 months on a decision. That was March 2025. Tick tock

Should've prefaced with 'Given we exceeded target depth some time ago...'

I'd be pleasantly surprised if the Kobold drill at Konkola West led to any positive news. Tertiary get regular updates from Kobold, and I believe they're bound by law to release any market moving news once they have it. Not factoring that in at the moment. If as expected it's not hot news, it will likely provide a good opportunity to buy. But there could be some kind of confidentiality agreement with Kobold or initial results are not definite enough to warrant immediate RNS. Fingers crossed on that one. I mean, unlike the others, we're not going in blind; the system(s) should be there extending from neighbouring area. I had high hopes for that one.

Unless I've missed something (possible), the RNS this morning contained no news/new results; it's a summary of recent results that they call a 'Project Focus'. They've done it before. So, unsurprising the market hasn't reacted.

Holding and being quiet is what I'm doing at the moment. If you look at SP and news over past 2yrs, even when adjusting for dilution, the current SP is a steal ATM IMHO. Lots of derisking has occurred. Lots still there mind, but less.

Aside: What on (in) earth is going on at Konkola West??