Member Info for Kullybahia

Just the restarting of Kalaba would be welcome news for all LTH'S. No cost in getting into production, $500k already spent in the past, 1-2% copper oxides to mine. Even big producers don't have those grades, and C1 costs of just $2500 per tonne. We await for the next rns?

I read on the other forum, that Kalaba had $2500 per tonne C1 costs? So with 10000 tonnes of ore awaiting production with 2% grades, the small plant would be very profitable at today prices of copper. Tax rates under the new Gov is a mystery to me, but I assume with a pro friendly Gov that they would be reduced. If 2000 tonnes per year =$15m pre tax, after tax +vat= $5M from Kalaba. Who ever mentioned ore been removed from Kalaba? Never heard that been mentioned before / how would one know if that information is true/correct? Seems strange to 'wonder if the stockpiles and other oxides were possibly removed last year'. How would you know about this? Smoke and Mirrors, Cloak and Dagger!

Reading up on Kalaba, the C1 costs were $2500 per tonne of copper concentrate. With $9.5 10k per tonne now, that's a decent profit margin. Does anyone know what was the projected yearly output of copper to be produced? Oxides were 1-2% at Kalaba, so better grade than some Miners?

So after months of hearing absolute BS from the 'Troll', who loves the attention of being a keyboard warrior. He has aligned himself as the saviour of the bb, self appointed multi accounts numerous uno. Where's the evidence of interactions with the Nomad? Non existent! Just likes to post here, but not on other companies he's supposedly invested in? Gives us the evidence of the conversations with said Nomad? Such transparency isn't forthcoming from a person who openly admitted to being Cattleman, as possible others. Just laughable at his comments for anything positive about Arcm. If you ain't invested! Go tell us about the company you feel we should invest in? I'm more than happy to hear your thesis about XYZ company? We're awaiting for your reply, Mrs gob. She ite? Knows all, been there, hot the T shirt, made millions investor? I won't be holding my breath for a constructive reply on said company, Just more of the same for the next few weeks. Xmas around the corner, maybe bump into him, pretending to be Father Christmas!

I'm not nervous about drilling results on the licenses. They've seem to have found a way of locating mineralisation at shallow /deeper targets. My only concern is that the Kalaba small scale demonstration plant is not up and running. It cost under $0.5m to bring online and yet never produced. The fact that MM and Brian Chiesla were allowed to suncontract the plant is baffling? Now we have a court case of some sort to deal with? Hopefully the bod will be able to win the case, as they reiterate its 'without merit'. If the case is thrown out? Then it could be after submitting a mining licence back in production? With a very friendly gov trying to bring foreign investment back to the country anything is better than previous gov. The fact that this information was kept from shareholders doesn't sit well with me. The bod has not communicated well to shareholders current state of affairs. Going forward an Investor call will be needed post drill assays. This question on Kalaba needs to be raised, as to bring much needed revenue into the company is a shot in the arm for LTH'S. ATB everyone.

Hi Apr, he says an extensive drilling campaign too! It's just inconclusive at the minute to understand what is / isn't regarding drill cores. I'm going to sit on the fence, until we've been notified of further developments. Too many people with a lot of money invested here, to jump to any conclusions. ATB everyone, next rns just give us the table of assays end of.

Fulmar it says, from visual and XRF analysis, selected samples were sent to the lab. This one came back with mineralisation. So the other selected samples didn't? Its a very poor worded rns, is Covid the reason this lab was used? It doesn't seem to really tell anyone if they have deeper mineralisation to analyse or not? Just my observation of the wording of the rns!

Evening everyone. The wording of the rns has left a lot of people including myself confused. Does the rns indicate that the sample batch which was sent to the lab, is the only batch that hit mineralisation so far? Its difficult to know if any more batch samples are awaiting the lab results? I wasn't bullish, pre drilling that we'd hit thick zones of sulphides /oxides. Purely because I didn't want people buying into the company on drilling results! In case they were poor? Does anyone else think that there is more batch samples to return from the lab with mineralisation? The wording of the rns is incredibly poor communication to the shareholders. 500m were the depths of the drilling this campaign, so surely there are further assays awaiting to be released from the lab?

Antofagasta has just released a statement saying guidance for current year's production is OK. But next year's will be lower, even the Majors are struggling to maintain current production! Copper is going up, as demand will clearly outstrip supply. IC was also told that there would be one? Maybe after drilling results are posted /assays /etc /delay/covid?

Copper is breaching the highs of the year. I forecast it's going to hit $5lb before the end of the month. With physical supplies depleted in the metal warehouses, can only create a short squeeze to the upside. On a separate note, BHP were outbid for a nickel deposit , fancy that, a smaller company outbidding a Major? Wyloo buys Noront Resources in Ontario, billed as the next Voisey Bay, with copper and nickel.

Going forward, the metals warehouses that hold physical copper will be zero as demand outstrips supply. Won't be long before they are empty of copper, tin is going that way. Was in my local takeaway and the curries/Indian /Chinese are now supplied with plastic trays with lids, as tin has become too expensive. Go figure, instead of replacing plastic, they've no choice as price dictates most small businesses.

Copper flying back to year highs, $4.77lb /$9970 tonne. Court cases will be dealt with. Assays will be posted when available good /bad. Scoping study will be posted on Cheyeza East. New Tax rates for Majors in Zambia. A few scenarios to be played out before the year end. Worth waiting for the news flow before making assumptions.

The small scale mining licence is of no concern to me. The fact that MM and Brian Chiesla are the reason the mine never produced is more relevant.With them doin time, will put an end to the bogus level claims that have been relevant over the summer. With the most pro mining friendly President in Zambia's history in office, reapplying for the license and getting it granted would be a formality. As for subcontracting the plant for a royalty payment per tonne is a good idea? I've no time for the Troll, and his doctor must see him/ her every day with chronic pain syndrome / attention seeking /etc etc.

Whilst the ongoing court case over Kalaba is hitting confidence in the sp. You have to remember MM is going to be doin time, along with Brian Chiesla for committing fraud and deception against Zamsort. A unneeded hinderence, but will be resolved in time. MM has loaned his shares to a loan shark, and rolled the dice, for which he lost his money! Any other court case bogus /legal will be dealt with by the Bod. Going forward, the drilling and assays will be what the Majors will be waiting /watching for. Alongside many LTH'S, if commercial and in quantity and quality? Scoping study is a contingency plan of going alone if no deal forthcoming from a Major? Once Kalaba is resolved, whats stopping production to commence again = copper is $10k per tonne. Ignore the noise /traders and concentrate on the fundamentals in play. I'm of low expectations on assays, as to not appear rampy in posts. But if they've hit the main ore body at Fwiji with hole 4, then expect a rerate to double figures. Then Cheyeza is still to come and could be a separate event, good /not so good. Muswema and Lumbeta to follow, so some newsflow will be eagerly analysed by everyone. ATB everyone.

Copper slowly creeping back up from year lows. No amount of physical selling of the red metal by China /other will push the price down for long. Middle of October and we must be due the assays from some holes. What /Where / Sulphide /Oxide /How deep etc will be the question? MM is just a distraction for the Troll to comment on. He'll get what's coming, after losing his shareholding to a loan shark. As for the J Robbins case? He can also go to court, and try it on! Bogus by claim, and bogus by nature. I'm expecting a solid reporting period on the current drilling to date. Plus we'll be drilling into early December, so covid aside, news could be late Dec/Xmas? ATB everyone. That Ruffles guy on twitter has been pretty much correct on the info. Definitely a guy who knows his apples from his pears!!

80km sq on Cheyeza, we're hitting sulphides at depths and oxides in the shallow area. If we had just this target, we would have had proved up over the years. Unfortunately we got 500km sq of areas with numerous targets. AAL really ballsed this up during EA, and should have offered 30p last year. Looking like a bargain if we hit some thickness and outstanding contious grades in Cheyeza. Even David Wood was Fwiji orientated, but Cheyeza is the beast in the East, next door to Sentinel Mine. Personally believe the fluids migrated from NW to SE, from Sentinel to Cheyeza as per SeisNav's input. Just sit back and be a little more patient , watch the reboot of 'One flew over the Troll's nest.'

Seems like every one has had enough of the Troll. He/she just goes on and on about the same issues, until there's no one left to answer his /her response. Eventually the most patient give up interacting about issues /details that have been covered by the Bod. An rns isn't a good enough answer, it has to be something else than what the company is legally obliged to say. Bogus/ untruths /lies / deception /misleading /false /inaccurate / details differ from previous rns. And so on and on, then there's the fact that they don't really hold any stock? Just likes 'seeking attention' here and generally wasting everyone's time. Your Oxygen is precious, don't waste it on the Troll! ATB everyone.

If we've drilled Fwiji, Cheyeza, Muswema and Lumbeta this campaign, before the rainy season? We should have at least one target that's similar to another deposit/ mine in the area of the DOMES. Geology is repetitive in nature, and similarity is all over the planet. Certain deposits resemble other deposits over 1000km + away. My take is that we'll find those missing sulphides at depth on the licenses. So shallow at Cheyeza for oxides, and deeper sulphides on some areas as well. 80km of area, at least two deposits of sulphides by sheer size and geo soil analysis. The other targets are most likely to be sulphides at depth, nothing in the shallow area. The question is what grades and thickness of mineralisation to determine? Plus do we have other base/precious metals? Drill and await the assays! In the meantime, patience and discussion. ATB everyone.

It's obvious from last years drilling campaign that Fwiji, Muswema and Lumbeta were not correctly thought out, in terms of depth of target. Probably because of shallow oxides discovered in the previous years drilling of Cheyeza East. Everyone assumed that the geology would be the same in other deposits, oxides upto 160m, then sulphides in deeper areas? Its now worth noting that its different for every area that they drill, and follow up. No one can assume anything until drilling is complete, and assays are posted. Cheyeza is proving to be a big deposit with multiples of mineralisation present. Muswema and Lumbeta will now be drilled deep? What we discover is dependent on if we hit /miss? I'm not going to speculate until the results are in. Back to being on Sabbatical, wake me up when the offers come in Fulmar please.

SeisNav, thats some heavy info to digest in that video. Think I will send David Wood's LinkedIn page a message, to hire an assistant for lead geology discovery in Africa. I'll nominate you for the role. Cheyeza could have many above average deposits, oxides and sulphides, small, medium and large amounts of copper. But not in one large deposit, some shallow, and some deeper. The area is massive, and following the current drill in hole 1 is the way forward. Lots to happen in the near term and all eyes on the next rns. Agree Fwiji is now on the back burner, as others are now drilled. ATB.