Member Info for SeisNav

“I would read gotreals uber optimistic posts alongside bushy's more cautious ones and give then equal weighting“

That’s undoubtedly the funniest thing I will read before this year is out! More cautious ones indeed. He lies at every opportunity. If you want to give any weight to that feel free, I’m happy to ignore everything he says.

Someone is buying up licenses from Kafue Copper Ltd in key areas, particularly between the Arc/Anglo JV area and FQM trident. If it's one of the majors then it leaves the TYM Mupala and Mukai licenses looking very attractively placed.

http://tinyurl.com/3s5s6u7n

Http://tinyurl.com/3s5s6u7n

Someone is buying up licenses from Kafue Copper in key areas. They recently applied for a 5th license between Arc/Anglo JV and FQM and it seems to be getting processed very quickly compared to other applications. I wonder who the mystery buyer is?

Draslovka recently acquired South African company, Blue Cube Systems, which has been active in real time analysis of tailings streams for separation / concentration . I wonder if this is the technology that Jubilee are using for the modular concentrators:

https://youtu.be/qEWRFmTIKhA?feature=shared

This interview mentions that it’s been used in the chrome industry already:

https://www.linkedin.com/posts/draslovka_we-spoke-to-matt-molteno-from-draslovka-blue-ugcPost-7113412387117948928-ddYY?utm_source=share&utm_medium=member_desktop

Just checked the drill number and that’s one of the original drills from Muswema which contained sulphides (MUSDD-006). It might be an older image or they are re-examining the cores.

It’s interesting if you look at the last photo with Adriana Blesa, she’s standing next to drill core that is labelled for Muswema…. Are these old cores that are being re-examined or are they already on site at Muswema as well? 🤔

Https://x.com/arcminerals/status/1739978958626603169?s=61

You can see the use of the Boxscan technology on site in the montage

https://www.geotek.co.uk/products/boxscan/

Pessimists is a polite word for what they are! They created a game with their own rules and outcomes and then crow about winning it! Dragging my name (yet again) into a prediction that I didn’t make, nor would I be dumb enough to make. This is a predicted 3 year exploration programme and we are still in the very early stages of it. Of course all the genuine investors here want early positive results after the faith we have shown but there are many thousands of meters of drilling to be done before we start to see what’s really in the ground.

Good luck to all LTH’s and many 2024 bring us all health, wealth and happiness!

Http://tinyurl.com/4vfrezz3

IRH’s strategy aims to invest in critical minerals in the region, across the entire mining value chain. The selection of IRH as the preferred SEP was carefully considered against the key criteria outlined above. The Board of ZCCM-IH believes that IRH’s partnership with ZCCM-IH and MCM represents an important strategic step towards the revitalisation of the Zambian economy, the Zambian mining industry, and the continued development of the Copperbelt by enabling the long-term sustainability of MCM.

IRH’s investment into MCM will recapitalise its balance sheet, secure direct and indirect jobs, and provide both funding and technical experience to complete MCM’s Project Development Plan, all of which underpin MCM’s strategy to achieve its target of becoming a 200,000 ton per annum producer of copper cathodes in the next 3 years. Beyond this, ZCCM-IH and IRH will work with MCM and the Government of the Republic of Zambia (“GRZ”) to pursue other opportunities in the Zambian mining industry that will attract further investment into the region.

IRH has a technical team of over 120 professionals working with major global mining companies and possessing a variety of experience, including in geology, engineering, metallurgy, and project management. The IRH team will provide support and expertise to the existing MCM management team to ensure a successful turnaround of the mine’s operations. IRH will also leverage the expertise of its various subsidiaries and joint venture companies as required, to support the development of ancillary opportunities across the entire mining value chain.

Zambian President @HHichilema on @KoBold_Metals Mingomba Deposit: “we could be sitting on one of Africa’s largest mines…”

https://x.com/kobold_metals/status/1737949336837718305?s=61

That’s the same deposit that they want to drill test on TYM’s license.

The lower HUM goes, the more rubbish he spouts on here… maybe it’s a pressure release valve for the poor old boy.

I’d be delighted if the warrant holders wanted to pay well over the odds to exercise the outstanding warrants but I don’t see that happening.

Isn’t that three things?

One benefit of the share price being so low is that many of the historical warrants, granted at a much higher exercise price, will have expired by now. Many of the ones which haven’t expired were at a much higher exercise price. That doesn’t include any that have been issued since the last annual accounts, we should find out about that in the next accounts.

A new head of the Swedish Mining Inspectorate was appointed by the government in September, a couple of weeks after they asked the Inspectorate to re-visit the decision on Storuman. They’ve had 3 months already.

Strange, I listened to the call and nothing negative was said about Storuman. Can you guarantee that no news is going to happen between now and KoBold starting drilling around end Q1/ start Q2? I don’t think so.

Https://x.com/tertiaryplc/status/1737770508458819593?s=61

If there’s no cash flow then a company depends on news flow to support the share price, maybe the short term traders have decided there won’t be more news here until the drilling starts in a few months. They might be right or they might be wrong. There’s possible news on other JV’s in the meantime and of course there’s the decision on Storuman Fluorspar pending… I’m happy to wait. Don’t sweat the short term share price, for a company with this minuscule market cap there is plenty to get excited about.

The key to progressing some of these projects is in further joint ventures. Obviously drilling costs would be prohibitive with the limited resources available to TYM but at PC said, companies are scrambling to get copper assets at the moment so I have absolutely no doubt that other JV’s will be announced, hopefully during Q1, so that drilling can be progressed as soon as the ground starts to dry up. Mukai and Mushima North look likely prospects for JV’s with FQM. Mupala which they grabbed from under the nose of Anglo American is very interesting to me, being a LTH in Arc Minerals I’m well aware of the potential in that license and why Anglo tried to acquire it.

I don’t think Bushy ever got over selling out of Jubilee just before the big run up to 20p, especially as he then took his bit of profit from that sale and put it into HUM where he promptly lost it again. He’s been trolling this board ever since, telling lies at every opportunity and throwing out price predictions like confettti, then pointing to the one that is closest to the current price and declaring himself an investing genius! If you fall for that chancers games you’re are daft as he is!