Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Kobold bought a brand new rig for the Konkola west drill
https://twitter.com/Tertiaryplc/status/1783104147438379266
The CEO bought £20k in the February placing.
Mr Patrick Cheetham, Executive Chairman of the Company, has subscribed £20,000 for 25,000,000 Placing Shares as part of the Placing. Mr Cheetham's subscription constitutes a related party transaction in accordance with AIM Rule 13.
https://www.londonstockexchange.com/news-article/TYM/placing-to-raise-ps375-000/16327305
Https://investingstrategy.co.uk/mining/investing-strategy-the-galileo-resources-edit/
Yep Gary, I’ve loaded up here because you don’t get many opportunities like this. Remember Kobold have two drills, so even if the first one is not great we’ve got a contingency.
As Basil says in another post, this really has GGP potential.
No need to pump this. We’ll find out in the next 5-8 weeks if we’ve got a world class copper deposit with Kobold or not. From our market cap of £2.5m, if we get the right result it will be like GGP’s rise on steroids.
Kobold investing 2 billion dollars next door, Vedanta spending 1 billion dollars on the other side. Yet tiny TYM - about to start a mega drill with Kobold this month - is worth only £3 million. This is a potential life changer and still at the start of its journey. Remember a kobold use AI to select the sweet spot (which they’ve already done) , so now just wait to see the grades when they come through.
You don’t get many better opportunities than this, won’t even have to wait that long until results. Potentially life changing gains if this comes off, and it’s got a VERY good chance of coming off with Kobold taking the lead.
Https://www.linkedin.com/pulse/kobold-metals-mingomba-project-poised-become-jgbnf?utm_source=share&utm_medium=member_ios&utm_campaign=share_via
In a recent Financial Times article, KoBold Metals' ambitious Mingomba copper project has taken center stage, with the company now projecting it to emerge as one of the world's top three high-grade copper mines. The USD2 billion venture is slated to commence copper production by the early 2027 - 2030s, marking a significant stride in the global pursuit of energy transition metals.
The Mingomba project, situated approximately two kilometers northeast of TERTIARY MINERALS PLC's Konkola West project, has captured industry attention with its potential to redefine the copper mining landscape. KoBold Metals, known for its strategic focus on energy transition metals, has signed a definitive earn-in agreement with Tertiary for the Konkola West project, underscoring the interconnected nature of mineral exploration and development in the region.
The Financial Times article highlights KoBold's intention to drill test the projected down dip extensions to the copper ore-shale at Mingomba, the same geological formation present at the adjacent Konkola Copper Mine. KoBold's commitment to drilling at least two deep holes at Konkola West in the upcoming months signals a concerted effort to uncover the full potential of the region.
This development aligns with KoBold's broader mission to secure a prominent position in the global copper market, emphasizing the significance of the Mingomba project in achieving this goal. The proximity of Mingomba to Konkola West reinforces the mutually beneficial relationship between KoBold Metals and Tertiary Minerals PLC, offering both companies an opportunity to capitalize on the rich mineral resources in the region.
As KoBold progresses with its drilling plans and advancements at Mingomba, the implications for Tertiary Minerals PLC's Konkola West project become increasingly substantial. The evolving landscape underscores the dynamic nature of mineral exploration and the strategic collaborations shaping the future of the industry.
These guys have already selected the drill location and know what they’re doing from the mine next door.
‘Backed by Breakthrough Energy Ventures, a fund with contributions from investors such as Richard Branson and Ray Dalio, KoBold utilises artificial intelligence to locate key minerals such as copper, cobalt, nickel and lithium.’