Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Q1: We’ve just seen the update regarding the joint venture with MOD Resources, what can you tell us about the results? A1: There’s over 90 metres of visible copper minerals and you’re looking at the exact sort of same copper mineral that we have over at T3, so you’ve got chalcopyrite, bornite and chalcocite and they’re occurring within numerous quartz/carbonate veins and what’s incredibly exciting about this is it’s matching with the EM geophysics, what we call the ‘T3 Marker Unit’. So, it’s obviously only the first drill hole and there’s several more drill holes to come, there a planned 60 drill hole programme at the T3 Dome where there’s 7 domes we’re targeting and other targets as well. If further holes continue to match with the EM targeting, then it’s incredibly positive and it proves that the exploration techniques are working to identify copper. Obviously, I have to caveat that with we haven’t assayed these yet but obviously the widths are encouraging and the fact that we’re hitting visible copper mineralisation is incredibly encouraging. So, it’s a very positive announcement, it’s early days yet and it’s only the first of 7 varied domes so it’s one of these things where it’s going to have incredible value for anybody exploring in the belt, including our recent investment into Kalahari Metals where, obviously, we’re looking to do advanced high-resolution aero MAG and eventually, AEM. So, if the interpretation of the AEM identifies interesting targets then hopefully at that end of the belt there will also be a very good way of intercepting copper mineralisation if it’s there.
Q&A with Metal Tiger PLC: Botswana Copper/Silver project update (LON:MTR) Posted by: Amilia Stone 18th June 2018 https://www.***************************/qa-metal-tiger-plc-botswana-copper-silver-project-update-lonmtr/412753019
the buying pressure towards the closing is a sign, there is something magnificent is on the table.
avg volume for last 3 months is around 4 million. today is 9 million traded shares, looking interesting.
break the 52 week high. searching for new heights!
I could see that drama unfolding on your chart bonkers. i am a fan of your charts, your chart is giving me ideas how the sp behave in the future and make sound decision, in when to buy, hold and sell.
of dormancy. an eruption will be coming soon here.
slowly inching higher. only a few are noticing it ATM.
when everyone are scared, be brave to take a risk. greater reward awaits. 52 week high of 1p is reversible. if support level exist, therefore resistance is just around the horizon. the science of physics in SP, understanding its behaviour movement, will make it appreciative. so long its trading, there is always a chance.
That cost would be recouped in under two years with production of 175,000 tonnes of spodumene concentrate Electric vehicle development is driving lithium demand Savannah Resources Plc (LON:SAV) has confirmed the cost of building a lithium mine at Mina do Barroso in Portugal will be around US$109mln. That would be recouped in under two years with production of 175,000 tonnes of spodumene concentrate, a source ore for lithium, according to a scoping study. READ: Savannah Resources sees big increase in mineral resource estimate at Mina do Barroso lithium project Consultant Hatch estimated that on a base case price of US$685 per tonne and 8% discount, Mina do Barroso is worth US$356mln and will generate revenues of US$1.56bn over eleven years of production. David Archer, Savannah’s chief executive, said last week the company will look to raise around €100mln to fund the construction costs. Building is scheduled to start this time next year with first production early in 2020. Archer said "The Scoping Study highlights the robust features and outstanding investment appeal of the Mina do Barroso Lithium Project with a very high-IRR and strong cash generation, even with a conservative spodumene price.” Capital outlays were attractive, he added, while cash costs are at the lower end of the spodumene lithium curve. The upsurge in electric vehicle development also means it is a great time to bring a new lithium mine into development, said Archer There is also considerable scope to boost resources and reduce operational costs in future years, he added. Currently, Mina de Barroso has a Mineral Resource Estimate of 14 million tonnes at 1.1% Li₂O.
2p? that may be too low.. check with directors dealing and even 10 years chart. some previous directors dealings at 27p and chart went up to 40s. the market can go down as low as they can, and can be rebuild up to where they were before. everything is possible, so long they keep on trading.
im in since 2 years ago, no intention yet of selling, im a long term trader, trading too often will destruct your end goal. im buying shares when stock are basing and hold for a couple of years so long I could foresee good news will be coming in, that will drive the sp.
hope this will be a base sp. it is basing for last 6 months, seems no more sellers willing to sell below this price. looking forward for a great volume and a breakout at 0.5. buy and hold here for 2 years will be promising.
it is retracing already happening now. expect 20 to 30% retrace for consolidation, with this it will gain new base buyers, for next breakout. in the market there is no such thing as trading straight line, it always up and down, reading the market sentiment will help you make a decision.
a huge cup is forming, better watch it out! it will retrace for a couple of days or weeks then break out at the 13.8 level, it will be massive, 30p to 40p might be attainable. with all these new investors coming in, they could hold and drive the prices. I have a very little knowledge on charting, I could be wrong. good luck to all of us who would like to hold. check it out bonkers previous charting, im just connecting imaginary dot - *********************chartpictures?chart=SAV