Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Thanks Neilin62 your efforts and updates are very much appreciated.
Hopefully all or most of us here can agree that abusive messages are not necessary or useful and could in fact become damaging. Can we can keep things civil even if it's just for the benefit of fellow posters?
Although it's been a long time, it does feel like we're heading towards a conclusion here so just a bit more patience is necessary even though we have no choice in the matter.
GLA
2/3rd's into the exclusivity period and it seems that enough work has been performed at Fwiji, at least for now.
So following this, we then have the positives from the recent Indaba video, the excitement and PR from NvS and then the article 2 days ago in mining weekly "Zambia copper explorer has exclusivity agreement with Anglo American".
It seems to add certainty to me that an AA deal is happening and I feel it's a matter of when, and what it looks like.
Rather than uncertainty I think it provides another option for Arc's payment for CASA. The terms of the sale agreement should include Arc's approval of any shares offered, since NvS will want to ensure these shares are useful and / or easily disposable.
If not we get $5M cash in March.
In the interest of keeping alive whatever potential deal may or may not be happening here.....
We're all in agreement not to post anything that could potentially expose interested parties right?
I feel now more than ever we need to lay off the speculation.
Good news on sulphides at Fwiji will have a very nice impact on the SP in my opinion. Good results at Muswema will be a nice double whammy to end this years campaign. If so should also indicate increased likelihood of an AA deal sooner rather than later which should add some stability ahead of AA news.
Not many tier 1's up for grabs out there.
Of course, you have to show the customer what they ask to see otherwise you won't sell them anything. It sounds like it's been a success too. Otherwise why state in last weeks RNS that we can "look forward to a very active reporting period over next the few weeks" with respect to unreleased data for a "major sulphide discovery" at Fwiji?
Its all very exciting.
I found a schedule that's been shared a bit that had NvS down for 13:05 so should be done now. I also noticed no twitter updates which is a shame.
There's content on YouTube from previous events so hopefully it will get added there.
Many thanks neilin62 I asked a question about the significance of solar2food / AG's interest in the LED tech about a week ago, and this possibly answers my question....
Your message raises more questions for me, but I'm reluctant to ask here. Should we be concerned about sharing certain types of speculation?
I think we're going to be surprised soon and I get the feeling there will be more than 1 outcome here.
Maybe AA becoming involved in or acquiring Fwiji / Zaco only initially.
Now ops are heading quickly to Zamsort targets it provides an opportunity to demonstrate value here before the rainy season kicks in, and the new NED could be here to assist with future Zamsort activities.
It would be a nice to the year to have a sizeable AA transaction on Zaco and major sulphide discovery within Zamsort.
The next 2 weeks could become very interesting.
Thanks DC and yes I've noticed a few familiar faces are in both JAN and ARCM. Both under the radar to some extent so nice to take advantage of that and plan to hold on to these.
I added today the 88,534 is mine. Will try to continue to build at this level before the fun and games begin.
We're in an exclusivity deal with Anglo American who really need to find Zambian copper (they have drilled the cr@p out of their western targets and have found basically nothing, it seems).
A deal from another major was rejected before the AA agreement (obviously because they need uncover value this season before high enough offers are made), so we know we have options and will have better ones post Fwiji.
We've hit what appears to be terrific mineralisation on a newly explored Fwiji target under the direction of AA's star geologist who it seems is driving resources heavily towards Fwiji - For a reason, and that reason isn't because there's no copper there.
The BoD are talking about having multiple tier-1 assets across both licenses.
The BoD stand to gain a lot financially from the same outcome we're after, much more than their salaries will provide.
Yes this is AIM. But compared to previous years this the time to get excited.
I'm not concerned or surprised about delayed drill data considering confidentiality, exclusivity and..... (oh go on then) covid.
The soil samples will always be a lower / trace % than that of expected drill cores. Soil samples provide an indication of what lies below and helps to prioritize the drill plan.
To put into perspective:
Ivanhoe's Kamoa-Kakula project reported 509ppm.
Major operating mines in our postcode reported around 2,200ppm.
ARCM Cheyeza East reported 2,792ppm.
More ARCM data available in RNS's for other targets.
I recall not finding specific soil ppm for Sentinel but would be interesting to know.