Member Info for itsaduster

Is this an Indonesian facing investor returning to Indonesian government

Very long term institutional investor in one. Always played it both ways and imho somewhat cynical. But always firmly with the Angels as there book has always been very long as far as I can tell. Thought our banking friends (recently) joined the game a little late ....... But playing a little more vigorous.

Check out VRS. And zap&go. First products in shops now. The diff is superCs hold charge electrostaticaly. Li batteries and V hold charge chemically and there in are the differences. SuperCs are being designed to piggyback Li and so reduce charge time but the power hold and density is with the Li. The up shot may just be that the graphene enabling SuperC actually enhances the Application of the Li ....... Ie balance of Li bat to superC needs critical balance as superC is on continuous discharge.

I have nothing against ambition Oh !!!! And I have nothing against day dreaming. GFY. But then there is reality

Top posting ........ Bit of a downer for me as Dugbe falls well below the graded and economics I feel comfy with. If we can end up with a guaranteed monthly fee then that I think derisks the marginal grade. Our 30 o/o at Cora much more in my comfort zone. I appreciate Mgmt have huge commitment to Dugbe (70M) but for me grade is to low and I would have sold on years ago when Goldfields gave an out

Is this an existential threat to Li story ? Discuss !! Without giving me a fright and causing me an accident

But a VERY real prospect ...... I spent know there were covetous eyes on Kabwe they just lacked the skill and infrastructure to go for it. Will due diligence get us banged up in US courts for spreading the cash around Norff London. I think so !!! IMHO. If we are not careful. Lucky to be out of Glencore

Bluebell ..... Probably our worst nightmare. IMHO there would need to be at least a 100 o/o premium to today's price and that would still be a steal

Again SP withers as buys well ahead of sells Someone placing a BIG bet. As long as CB here I won't be increasing. He has cost too many too much over on XTR.

We probably shouldn't be. How would you go about looking and assessing the 7 highly prospective targets from the EM survey.

They picked the A4 to go as a starter. On the greater T3 dome environs.so they want to test the apparent stratigraphic indicators ( identifiable using EM geophysics ) they think they have as a way of building confidence in their hypothesis. So they go for the bit of the A4 closest to the T3 dome (the Easterly limb of the A4). It is suitable as it isn't too complex with nice gentle dip ( and possibly not to much fracturing ?? )

To get as close as poss to T3 (for max potential read across) they will be sampling quite deep !! but at least we are within 5 or so Km of T3.
'' Primary targets '' are the EM visible strata. !! and not the mineralization yet !!.
Top one is the '' Conductive T3 Marker Unit '' . Got that so that is success. Yeah !!
Second or bottom one is the '' Ngwako Pan Formation '' As of 12th June 2018 we were still drilling ahead at a depth of 490m. some 30m ahead of the end of the trace Cu mineralization as reported.

Of interest only is the report that we encountered 90m showing '' traces '' of Cu mineralization from 360m to 450m depth. That is Traces of Cu minerals hosted in veins hosted in low dipping sediments BELOW the EM Geophys Conductive T3 Marker Unit.

My take away is ;-

1) Model of T3 Marker Unit is supported
2) The Model of Cu mineral hosting sediments to some thickness below the T3 Marker Unit is supported.
3) We do NOT have support yet for the Ngwako Pan Formation as closing off our Mineralization. (presumably the significance is its impermeability).
4) We do not have support for our hypothesis that A4 has economic mineralization. However I don't think this was a primary objective of this hole. That will come later when the top of the dome (structurally comples) is drilled.

By the bye when a geologist referes to structural complexity in this situation the hope is that such structural complexity is coincidental to mineral emplacement. ie the act of such emplacement caused the fracturing and dome formation or the '' fact '' of the faulting and dome formation brought about by regional or local tectonics has provided the conditions for mineral emplacement. That's why Terry mentions the structural disturbance to bring such possibilities to mind ...... I think.

So we don't have evidence yet that economic mineralization can be part of our hypothesis yet. The theory and read across only goes as far as the Geophys and the stratigraphy. If it can include Ngwako Pan as a control then that will be very helpful too.

Rigs are setting up on the central part of A4 as I understand it.

Innit exciting.!!! and we have seven of them. I like Terry's style. !! Class act. !!

AIMHO and DYOR and I know nothing and I know 99 don't like my posting but ....... well I am a show owf !!

Helping??? Read '' in Leon not JLP ''

Not really Mnr !! Turnover is considerable and bottom line profit in sight !!! As Money posts DCM has got sticky but we should have expected. The add on to get to PGM extraction is very disruptive and complex .....,.. which wasn't a surprise and accounted for the long period of uncertainty prior to commencement of the build beginning. The lock up of PGM is big. Once the metal starts to come out it will be a big hike up on our delivery to market. Yes Kabwe is the night. Many have had their eyes on Kabwe for years. I think we should take the supportive involvement of the Zam Govt as a huge vote of confidence in Leon. Get it ? In Leon not HELPING

Financial article describes a scramble for Li property by big investors and funds. Dhurr !! Catch up at the back there Baccanora in the frame apparently. Silly Billies ....... They should look into the chemistry ...... Or maybe they have there is something new going on there ???? Better still SAV !!

What will U eat if I am right ....... Hat or shoe ??

Heard a top Dude in mining say good stuff about Leon. ...... Hope he don't get poached !! Yikes. !!!😎😀

Very much my feelings. We need Kabwe to be seen to be solid and unfettered by past doings. I have heard from some well connected gent that Zam govt are keen to get it tidied up in every sense so let's hope they keep the spivs and wide boys away. Not out of the woods for probably a year so you have time to gather blossom whilst the sun shines. I have reduced to go into something a bit more near term but I expect to get back in before Xmas and maybe at better price (cheeky !!) GL

Mick-b That is excellent posting and info.. Thx ...... I bought in some years back round about 4p if I remember just after the tech bubble burst and Nelson seemed quite a lonely figure. I am not good with the tech but I wanted something techie to cheer up my mining portfolio. This share is now the backbone of my property ownership. I believe it will get to £5 sometime next year once the Welsh factory cranks up and sales hit bottom line profits

Trills. ..... Spot on and he said as much. The Guy is clearly over the moon about it and it was this sentiment which was reflected at AGM One other little clue very. Subtly dropped was a fleeting comment by Rosser about European EV and the occurrence of Li in hard rock in Northern Portugal. I thought of my holding in SAV. Check it out. I am putting a big bet on that AXM and SAV are talking. It's a fit. Luvinn it !!!!

And multiply up to world scale and the thirst for Zn

Many here talking of how if we get one project up then the flood gates will open. What no one is saying is that if we also demo an ability to process the hated useless oxide Zn ore in turkey then its difficult to over state the interest which will come as all that rejected Oxide ore becomes economic.

Fink aba it !! Its blowing my mind !!