Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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.’
Can’t believe we still have a £2m market cap… We’re drilling with Kobold who are investing $2 BILLION near by at the nearby Mingomba deposit . I’ll be throwing the kitchen sink at this one.
https://www.mining-technology.com/news/kobold-intends-to-expedite/
£375k raised in February at around the current share price.
Earl of Aim lying again….
https://www.londonstockexchange.com/news-article/TYM/placing-to-raise-ps375-000/16327305
Time to load up, this is going to rerate hard until June and then when the deal lands this could still be 20p and dirt cheap.