Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
10% up on the day.....
Yesterday's posts did not date very well.
*By buying* ....
Why is there no edit on this crappy board
I wanted the share price to retrace a bit further before I bought more.
Now you are all spoiling it buy buying before I was ready.
Thanks for the update iceberg. It's proved useful to me
I think their due diligence is better than mine
think I found it
https://mobile.twitter.com/NavSeis/status/1484103930342748161/photo/1
I know where the ARCM licences are on the above - I was intrigued by the purple licences/ black circles......
I remember SeisNav posting a map of ARCM licences in relation to other exploration licences, (inc AFP's) but also in relation to FQs Sentinal, but other mines too.
Any chance you can post that up again?
It would be great to see how close the correlation is, ahead of any progress reports from AA, bearing in mind FQs exploration progress.
cheers
Sandfire are involved, and are actively exploring some of AFPs licences in the KCB in Botswana, (next to their mine that's just started producing).
FQ are the second major that AFP have a deal with for the Zambian licences they have.
Financial results from FQ v a quarterly update on the exploration progress of JV with AFP.
They are different things
this post look like it dated well!
Nice price movement.
However, this has been on sale for the last 4 months, and the start of drilling has been very well signposted
Thanks for the links - had a good read.
This is not like porphyries with massive tonnage at low grade. This is a higher grade, thinner deposits, so knowing where to put the drill is really useful. The whole area / belt is a continuation of similar geology, (where the inclinwd sediments hit surface etc).
There are minable deposits NE and SW of KAV licences, so no reason that KAV won't have similar. Hopefully.
It's humbling to see the volume of holes they needed to find/prove the deposits . It's going to be a long haul - if we get early results, then SP rises and funding gets easier.
But it's going to take money from somewhere to fund the whole program.
I would prefer to fund more drilling than to sell a licence
Ha!
Have you looked at where these licences are that are being explored by Sandfire and First Quantum, and the potential income if they strike copper..??
Yup,
Final signpost of things to come will now be confirmation of drill contractor appointed, and drilling starting.
I'd far rather an enthusiastic CEO learning his way, than a junior mining CEO with a history of failure.
We have a very experienced board, a bunch of **** hot Geos, and a team on the ground in Botswana getting stuff done
I'm holding, as the KCB is looking good
Oh, and if we found copper grades like Cobre, before POW had signed the Kanye deal, do you think they would still sign. I think the Kanye buyout is really really positive. Yes it's a small dilution, but hopefully on 100% of a discovery, rather than 50%.
I would rather the KSZ goes on ice while we commit to the KCB
Announce a drill campaign in the KCB and start drilling
Get a JV to fund drilling in the KSZ
Discover if anything worthwhile found in Ditau
I agree
Cobre results have seen the cat set amongst the pigeons.
AFP, (been going nowhere) has perked up, as has Galileo.
This still falls. Its bizare
I agree
Cobre results have seen the cat set amongst the pigeons.
AFP, (been going nowhere) has perked up, as has Galileo.
This still falls. Its bizare
The share price is already kicking upwards ....
So with Cobre finding lots of copper, sandfire, (our JV partner/buy out partner on 4 licences) spending millions on exploration, and expanding their existing copper mine, and AFP still holding 4 more licences, how come everything is so quiet here....