focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
"In the meantime, the Company�s shares will continue to be admitted to trading on AIM." Not sure what this bit actually means .... will the suspension be lifted? ... why would it be as we haven't adhered to the rules re an RTO ... thoughts anyone.
or half empty .... I for one am hoping this just got a bit more exciting.
Top riser now.
Up 24% already.
� Copper-silver mineralisation located beneath thin cover (some 20 metres) at Pastizal has been significantly extended to the north of the Montenegro mine by recent shallow RC drilling. � The extended footprint of the Pastizal mineralisation is around 1.4 kilometres long along a South East-North West fault system from the Montenegro Mine, through Pastizal, to the Pastizal North targets. To date three (3) additional sub-parallel mineralised faults have been identified at Pastizal Norte. � Highest values include up to 4.13% Cu and 49.03g/t Ag (59-62m in hole PZ17057); up to 2.21% Cu and 4.20g/t Ag (16-20m in hole PZ17063), and, 3.03% Cu and 34.30g/t Ag (60-62 m in hole PZ17063) identified near surface at Pastizal Norte and Pastizal (see Table below). � Several copper mineralisation intercepts were at shallow levels highlights the excellent potential for open pit mining to take place in Pastizal. � Copper-silver mineralisation remains open to the east, where the extension and continuity of South East-North West faults from Picachos to the south need to be tested, In addition, the copper-silver mineralisation is also open to the north, where 200 metres of unexplored South East-South West faults would increase any economic potential at Pastizal.
For what reason?
sure is .... VAST are up and MKA are down.
I have no wish to debate the company with you .... it seems to me that you are just looking for confrontation.
who states "now its more personal than wanting to invest in HER" .... that is some long reply .. Admin please monitor this poster.
Mkango's primary business is the exploration for rare earth elements and associated minerals in the Republic of Malawi, a country whose hospitable people have earned it a reputation as "the warm heart of Africa". The Company holds interests in three exclusive prospecting licenses in Malawi, the Phalombe licence, the Thambani licence and the Chimimbe Hill licence. The main exploration target in the 80% held Phalombe licence is the Songwe Hill rare earths' deposit, which features carbonatite hosted rare earth mineralisation and was subject to previous exploration in the late 1980s. Mkango completed an updated Pre-feasibility Study for the project in November 2015 and is currently commencing a Feasibility Study. Under the terms of the Agreement with Talaxis, Talaxis will fully fund a feasibility study for Songwe by investing �12 million (C$21 million) for a 49% interest in the project (via Lancaster). Talaxis will also have the option to acquire a further 26% interest by arranging funding for project development. If Talaxis exercises its option, Mkango will retain a 25% interest, free carried to production. To date, Talaxis has invested �5 million (C$8.8 million), which is funding the initial phase of the Feasibility Study, for a 20% interest in the project with Mkango holding 80%. By investing a further �2 million (C$3.3 million), Talaxis will acquire a 49% interest in Maginito, a new subsidiary of Mkango focused on neodymium alloy powders, magnet and other technologies. This includes the collaboration with Metalysis Ltd announced in September 2017, which is focused on advanced alloys using neodymium or praseodymium with other elements for permanent magnet manufacturing. Permanent magnets are critical materials for most electric vehicles, direct drive wind turbines and many other high growth applications. Neodymium is a key rare earth component at Songwe. To date, Talaxis has invested �1 million (C$1.8 million) for a 24.5% interest in Maginito with Mkango holding 75.5%. The main exploration targets in Mkango's remaining two 100% held licences are, in the Thambani licence, uranium, niobium, tantalum and zircon and, in the Chimimbe Hill licence, nickel and cobalt.
I am invested but how much and why are personal so I won't be sharing that .... of course you are entitled to do whatever you want, I just find it strange because I would not go onto another board and start posting about the company and getting into a slanging match with investers if I had no financial interest in that share .... anyway enough from me on this topic.
Maybe so that folk can have all evening to read, digest and spread the word ... whereas at 7am you only get an hour ubtil the market opens ... just a thought.
Then back to my question .... why do you bother posting on here if not invested and ypu have no confidence in the company .... what is your reason please?
In that case Dan, serious question, why are you posting on this board? .... Are you invested in Her?
for anybody looking in .... Herencia commenced the proposed 3,000 metre Reverse Circulation (RC) drill program on 6th December 2017 at the prospective Pastizal copper lease adjacent to the Picachos tenement near Andacollo in central Chile. The drilling program consisting of 22 holes for some 2,400 metres of RC drilling tested the newly acquired Pastizal tenement abutting the Picachos lease. The program was below the planned 3,000 metres and completed earlier than expected on 29 December 2017 as the limestone and chert containing copper mineralization was closer to the surface than assumed. Herencia is awaiting assay results. Previous drilling conducted in 2015 on the adjoining Picachos tenements, which hosts the same mantos mineralisation as Pastizal, intercepted mineralisation in 28 of the 29 drillholes with broad zones of medium grade copper interspersed with high grade copper intercepts within the mantos zones. The full details of the 2015 drill program are set out in the annoucement dated 26 August 2015. One of the most interesting results of this style was drilled at the '40m Shaft' prospect (See Figure 1) where significant copper was intersected with; PP 14019 returning: 91 metres @ 1.42% copper and 13.5 g/t silver (Including 20 metres @ 3.10% copper and 25.4 g/t silver) Herencia expects this type of mineralised pattern to be found over several distinct areas in the tenement block. (See announcements dated 5 December 2017 and 18 December 2017 for more details on Pastizal.) Not ramping as such but just fed up reading all the negative posts ...
This is much better guys ... lets keep it up ... whether or not you love or hate the company, meaningful discussion is surely better than all the "you said this" and "you said that" posts .... other boards I follow have some well informed and knowledgeable posters so would be good to see that here.
Hopefully yes ... assuming the company has a plan for when the assay results are published ... they haven't drilled for the fun of it ... what are the options goig forward .. anyone?
of some meaningful discussions here about possibilities for the short tem, longterm, finance options, possible farm in, possible jv's etc ... rather than just you guys constantly slating each oth like stupid bloody children ... come on guys give it a rest please ... lets have som decent input.
Two nice size buys just gone through .... assay results to come soon maybe?
copper assay results come back really good but the company are not in a good financial position would that not be the situation for possibly a farm in, jv or even a takeover? ... what's peoples thoughts on that?