Member Info for SeisNav

But you put everything (including savings) into EVR last month… so you are not invested here. Or any of the other shares you posted on after that!

Nice to seen JLP featured again, it’s been a while.
https://youtu.be/bh99l0uu3q0

I dont think Bird has anything to do with Zamare, maybe that’s Moxico although I haven’t looked into it very deeply. It could be very interesting next week when the Cadastre is reopened. Hopefully they start sweeping away some of the trash!

I'd seen the report on Moxico investing into Zambia but they are a long way from our licenses so I don't know what the relevance is to us. Zamare is more interesting, with one of their licenses being an extension of the FQM Trident area and close to our Southern area. I added their map into my database to see how it looks:

https://tinyurl.com/yrd8j9sn

As you can see the targets are smaller in scale than Sentinel or our major targets but interesting all the same. Nice to see them referencing our drill results on their website too:

"On the other side of the Kabompo Dome Arc Minerals have reported some of the best intersections in the Zambian Copperbelt including: 18m grading 2.35% Cu; 7.6m grading 4.15% Cu; 45m grading 1.7% Cu; and 39m at 1.47% Cu."

FQM has also given them access to their geophysical and geochemical data for free (they previously had that license) so they are clearly keen to extend the life of Trident with some new finds.

I would expect at least some of it is UK investors taking advantage of the new tax year to use up their allowance.

Maybe Nick is waiting for his Bed & ISA transfer to complete before announcing anything ;-)

https://www.miningweekly.com/article/hydrogen-key-for-platinum-long-term-says-sfa-oxfords-forrest-2022-04-06

JOHANNESBURG, April 6 (Reuters) - Anglo American Platinum has received enquiries from manufacturers and carmakers about sourcing palladium in the wake of Western sanctions on top producer Russia, CEO Natascha Viljoen said on Wednesday.

Palladium users with no existing contracts with the company have contacted it about "potential alternative sources of palladium", Viljoen told Reuters in an interview on the sidelines of the PGMs Industry Day, a platinum group metals (PGMs) mining conference in Johannesburg.

Russia produces 25-30% of the world's supply of palladium, a metal used by automakers in engine exhausts to reduce emissions.

"Where we can accommodate them [new customers] after looking after our long-term customers, we will obviously try as much as possible," Viljoen said, adding however that "we can't make any firm commitments".

First day of the new tax year so there will be some adding to ISA’s etc.

https://www.ii.co.uk/analysis-commentary/forecasts-golden-future-miners-ii523451

https://youtu.be/C7gAtIYj2IE

Not all licenses are created equal… a little reminder of just how our copper targets fit with the already known tier 1 mines and other established deposits around the margins of the Kabompo Dome. Is it a coincidence that our target areas, which have some of the best assay results anywhere in the region, fit with this trend? Not a chance!

https://twitter.com/NavSeis/status/1479566568522752000?s=20&t=co4WrM0OiiEgYWxHjozTmQ

It’s noticeable that whenever there’s a post with anything positive or informative… it’s quickly buried in a flurry of nonsense! Let’s try again and see what happens….

Not all licenses are created equal… a little reminder of just how our copper targets fit with the already known tier 1 mines and other established deposits around the margins of the Kabompo Dome. Is it a coincidence that our target areas, which have some of the best assay results anywhere in the region, fit with this trend? Not a chance!

https://twitter.com/NavSeis/status/1479566568522752000?s=20&t=co4WrM0OiiEgYWxHjozTmQ

Re-posting a few facts for those who may have missed them amongst the nonsense!

Geology Facts:

Our licenses closely follow the geological boundary between the Upper and Lower Roan strata. All of the major deposits found in the Domes region are closely associated with this boundary.

All of the major deposits are also closely associated with major fault lines caused by the creation of the domes. At least 5 major fault lines cross our licenses and the copper anomalies match these fault lines very closely. See the images for more details:

https://twitter.com/NavSeis/status/1438948359990087685?s=20&t=CneyryDBzWf7p7Ss6zfPuw
https://twitter.com/NavSeis/status/1438950139822067713?s=20&t=CneyryDBzWf7p7Ss6zfPuw

Geochemistry Facts:

We have a ‘copper in soils’ map covering the whole of the license areas, created by near surface soil sampling over several years. This map has identified multiple areas of interest. During the exclusivity period with Anglo American they used these soil samples to have further assays done in order to map where copper has been enriched or depleted relative to other elements (Scandium in this case). This is the same method that was employed by FQM to define the Sentinel deposit. The results show that the same fluids that caused Cu enrichment at Sentinel had also caused enrichment at multiple locations on our licenses. The surface oxides which show this enrichment are actually an indicator of deeper sulphides which have been oxidised near the surface.

Geophysics Facts:

An airborne geophysical EM survey across the license areas reveals anomalies which are closely associated with the geochemistry data. A new survey with closer line spacing, carried out last year, will provide more detail and help in the targeting of further drilling and identification of potential new targets.

Drilling Facts:

Shallow drilling at multiple locations has shown oxides with some of the best grades seen across the Zambian Domes. Deeper drilling last year intersected sulphides at Fwiji and Cheyeza East. Drilling was severely limited by Covid and the malicious efforts of our former director. Our number one target is yet to be drilled.

Anglo American Facts:

They explored our licenses in the 1990’s and identified many of our current targets. They completed full technical due diligence during the exclusivity period and announced that they were sufficiently happy to proceed to a commercial transaction. No agreement was reached during the EA and it was agreed not to renew it in order to allow us to talk to other interested parties. Nick confirmed that negotiations were continuing with Anglo American.

Other Facts:

Nick has said that a deal would likely already have been agreed if it were not for the malicious court cases which prevented this from happening. With the cases out of the way at minimal cost to the company, we are free to complete on the deal, although other interested parties wanted further talks… it would be p

Continued...

Other Facts:

Nick has recently been to Zambia for talks with the Minister for Mines and Minerals and other government officials. I’m not aware of any other CEO’s of junior exploration companies which have had this opportunity. The minister has said that they are actively seeking greenfield opportunities to develop new mines.

The settlement of the court cases included a limited amount of cash, but more importantly, share options in the company… they know the potential value of those shares as well as anyone.

We have brought onboard Valentine Chitalu as NED. Former CEO of the Zambian Privatisation Agency… make of that what you will.

We have Rothschild and Co as advisor with no retainer, only a fee on completion of a transaction.

These are just the things that come immediately to mind... I'm sure I'm missing some others, but these are the reasons why I'm happy to remain invested.

I’ve put him on filter along with his alter ego’s as I can’t be bothered with the nonsense. It’s pretty clear though that this is more than just trolling for trolling sake, the huge effort being put into trying to convince people not to invest here suggests to me that this is a very organised plan to suppress the SP until a deal is announced… allowing the cautious money to get in cheaply.

If you don’t intend to sell any shares then why are you so focused on the short term share price? Surely what you should be focused on is the long term prospects. Just because the SP is static it doesn’t mean we are not generating very substantial profits. The main reason the SP has stalled (IMO) is the lower earnings in the first half of the year, due to the upgrades at Inyoni and Covid delays. We have every reason to expect that the next set of earning will be very good. Once the market sees that, the SP will react accordingly.

The things you are focusing on have nothing to do with the current SP in my opinion.

The copper strategy is already well defined in Zambia, I’m not sure what more you expect to know? As for the international rollout, they said they would be announcing the team who would be involved and the areas they would be interested in moving into… hardly earth shattering news, personally I can wait for that.

They said in the Feb 8th update that initially they would be maximising efforts at Inyoni while looking for an opportunity to develop a plant on the Eastern Limb… that’s less than 2 months ago. I’m not sure what you are getting so hot under the collar for to be honest.

A bit of fun (and because I know it will wind up the 'concerned investor / former investor / never invested')

We know that Mushinge was pushing for a cash settlement of (correct me if I'm wrong) US$5,000,000 in the now settled court case. What if he was still pushing for that in the settlement negotiations. They gave up Kalaba which has a book value of US$1,980,000, they have also agreed to cash to the value of US$160,000. That totals US$2,140,000. That's a shortfall of US$2,860,000. They have agreed to issue share options to the value of US$200,000 at an exercise price of 5p. In order for those shares to be worth US$2,860,000 in 2 years when the options expire.... they would need to have increased in value by just over 14 times. That equates to a share price in 2 years of approximately 70 pence....