RE: Mags6 Jun 2024 22:34
The company has already said JV discussion regarding Mukai…..Let’s not forget Anglo American are paying $88 Million for up to 70% of ARCM accerage next door. Its highly likely Anglo are in discussions with us for Mukai, and if we were to get a similar deal/ or even half, that would have a huge impact on £3 million market cap. Remember the below from last week’s article:
Mukai is complemented by a second licence in the Domes area, Mupala, which Tertiary acquired in June last year. “Tertiary owns 100% of this licence and it does not form part of the Mwashia package of licences,” says Cheetham. “It covers 41.2 km2 and sits on the west side of the Kabompo Dome immediately adjacent to the Anglo American/Arc Minerals joint venture licence block. We secured it on a ‘first come, first served’ basis ahead of competing applications from several other companies including Anglo American.”