Member Info for lptuf93

Should say why they're not going in with aircore at A2

Am curious why they're going in with aircore drilling at A2 target. RNS makes it seems like it'll be RC drilling but feel it's not cost effective on a first-pass campaign

I was going to say, the reduction in % should have been lower so thanks for confirming you've added. Hopefully they'll start drilling this week.

Wow - big stake taken whilst it's quiet. Sign that something big is brewing? I think so

Would agree Treestump. I would love the company to go all in on Mushima North. Why can't we put another £100k into a sampling and aircore campaign at Target A2/B/C to discover something similar to A1? The value creation through such minimal spending is so assymetric I don't understand why we're not pursuing this alongside A1 infill drilling. Maybe we are but if so, it needs to be RNSed as I've not seen active comms on the other Mushima targets.

The next question is where did the near-surface mineralisation at A1 come from? If they think there's a porphyry/sulphide body below can we get some IP run over the license.

My understanding was it wouldn't be announced until after March. Hopefully it won't be long and it will be the decision we've all been waiting for...

Expecting JORC exploration target as well as update on Swedish Fluorospar Project. Let's see how this all plays out - goodluck all.

That was a light-hearted comment, nothing more! Agree with sentiment of news soon. Expect a JORC exploration target to be with us shortly. Be good if we could start moving towards 0.1p again...

Is the RNS in the room with us?

Ah thanks. Hadn't read this was also Gilini so that's helpful.

March 20th 2025 RNS issued £460K+ CLN to mature 12months later (at 5% interest rate). So 33.5m shares become free trading at 1.45p soon or have this been covered in subsequent RNS?

Expect some decent silver results next month from first 4 holes where pXRF had readings upto 240g/T. The assays should be received well given what's currently happening in silver. Looks to be rising more than gold currently which is a positive step in addressing the disparity in both their trajectories these past 10years

As Seis has alluded to, large companies will also favour JVs from an operational risk point of view. They would much rather pay more money in a tiered approach as they derisk the project, rather than less upfront in a takeover where this is limited info and only potential. That's left for microcaps like TYM. You see very few large players getting involved in exploration. They're also not great at it outside of really Ivanhoe.

Because a large company is focused on specific projects. They clearly have no appetite for what else is on the portfolio, let alone working with the other large companies we have JVs with (Mukai) - this isn't offshore oil and gas. How many large players are sharing exploration, let alone large mines in central African copper belt? You'll find that number to be 0. It's only JVs with minnows like we have. They do not want the hassle and potential litigation risk from other non-core assets. A clear read across is ARCMs legal troubles over the past few years and now AA have left the fold (and we have many more licenses than them in Zambia).

I'm not trying to be a d*ck but it's not as simple as you think.

If you're a long-term holder here, I can see why there'd be scepticism at another raise but you have to read the details here. When was the last time tym drilled something promising, let alone made a genuine discovery? Silver grades are decent and now they're seeing some high grade copper. Open ended too. Gunna hit that sucker for depth now and see where it goes. All the money is going to follow up and drilling and with one party (who increased holding recently). None of these placing shares will hit the market anytime soon.

2% share count increase for 1,000m drilling. Are you guys reading the RNS? It's all for drilling and going into sticky hands. There's no warrants to Stuart either. Read again - all funds going into the ground. With RC, they'll likely be able to go beyond 300m so will be able to test significantly deeper than air core. Drilling to happen IMMINENTLY before rainy. You really haven't understood this placing.

Hopefully it'll still be mineralised showing some continuity, even if grade falls. Next job is to go after depth of the system. Let's get some 100m+ holes in.

I think there's a good chance for more silver assays this week given previous timelines. 2/9 then 24/9 then 1/10. If not, next week will be 3weeks so latest on next batch of step-out holes

Lots of trades going through, albeit low volume. Seems like recent TR-1s have indicated selling over and today's movement seems to corroborate it. Expect this to continue moving nicely for the rest of October

Extremely disappointed with performance (from the board as well as SP) but pleasantly surprised they're drilling. Had almost written this one off for the remainder of 2024.