Member Info for Turtlewax

Fulmar, can you invite your Uncle to the party?

I have to say, I haven’t got a garibaldi what you are all talking about!

I think I saw a dove with an olive branch. A peace offering as you will. Hopefully it lasts!

F79 Ella = Alby on Twitter.

I would say calling a raise is pretty low Ella, you can’t know that unless you are inside. Our largest shareholder has stated there is no raise. You assuming something is not research, it’s not fact.
The facts are that Nick said on the IC in May that the JV applied to all our tenements, some 800 odd Km2. In other words, all our licences. We know Nick met with the Minister, we have pictorial evidence of Nick’s unironed chinos! I doubt they were discussing the price of fish! Or eggs for that matter!

Ella, unfortunately I can’t pay myself, actually I can but it would be overly complicated and not worth the hassle.
I thought we had finished playing nasty? Remember when the JV was announced in May? You had considerable egg on your face. It’s going to happen again.
I am happy you have found a friend to converse with though. Please don’t be heart broken when his account disappears again. It’s the same with every other one he has set up in the past. Some would say there is something not right with that behaviour!
Probably a Utd supporter as well ffs!

Apologies for repeating myself..

Thurs May 12th 2022 Investor call.

Some quotes.

As I have always said previously, to do justice to the tenement we have, some 800Km2, one needs to have significant capital to invest; as well as the expertise to target and develop into something much bigger.  So, while we invested modest amounts of capital, with considerable drilling success, to do justice this needs tens of millions in to drilling and this is exactly what we have with today’s agreement.

So, the way its structured is that Anglo will take an effective, once this is signed, an immediate 70% controlling interest in all of the tenements we have, other than the small-scale Kalaba plant that we have separated out.

we have obviously shared a significant amount of our drilling data with Anglo and they are familiar with the data; and, as you know, we have completed all the geophysics airborne survey results and those look very encouraging and look to target, in particular Cheyeza and Muswema and reiterate what our big targets there are.  We obviously need to agree that still with Anglo….

What is the agreed J.V. geographical areas and what leases are within it and without it?
NVS – As I alluded to earlier, everything within our tenements, bar the small, I think it’s 6km2, around what is the Kalaba plant, which is part of the settlement agreement we have divested from. Everything else is included.

Zaco is included, as I say, all of our properties and tenements are included, and we retain 30% of the finances of everything in the J.V.

I was in Zambia very recently and met with the Minister of Mines and various other government officials. . .
I think I am not talking out of turn when I say they are absolutely delighted to hear of this proposed transaction . . . I know that that this has been raised at various very high-level senior meetings, government meetings, at the recent Indaba conference where the President was present.

It could be a lot of things. You don’t know and I don’t know.

But thanks to our largest shareholder, we now know what it isn’t!

To clear up this raise rumour that Ella has been spreading.
Quote from our biggest shareholder on Twitter tonight.

“There is NO RAISE!

Don’t let the nut cases get to your head. Crazy fear mongering by some. On the contrary, things are looking good.”

USD 3,500,000 upon signing of the Joint Venture Documents ("Effective Date");

Let’s dispel this 290km2 rubbish and other rubbish about our licences!!!!

Thurs May 12th 2022 Investor call.

Some quotes.

As I have always said previously, to do justice to the tenement we have, some 800Km2, one needs to have significant capital to invest; as well as the expertise to target and develop into something much bigger.  So, while we invested modest amounts of capital, with considerable drilling success, to do justice this needs tens of millions in to drilling and this is exactly what we have with today’s agreement.

So, the way its structured is that Anglo will take an effective, once this is signed, an immediate 70% controlling interest in all of the tenements we have, other than the small-scale Kalaba plant that we have separated out.

we have obviously shared a significant amount of our drilling data with Anglo and they are familiar with the data; and, as you know, we have completed all the geophysics airborne survey results and those look very encouraging and look to target, in particular Cheyeza and Muswema and reiterate what our big targets there are.  We obviously need to agree that still with Anglo….

What is the agreed J.V. geographical areas and what leases are within it and without it?
NVS – As I alluded to earlier, everything within our tenements, bar the small, I think it’s 6km2, around what is the Kalaba plant, which is part of the settlement agreement we have divested from. Everything else is included.

Zaco is included, as I say, all of our properties and tenements are included, and we retain 30% of the finances of everything in the J.V.

I was in Zambia very recently and met with the Minister of Mines and various other government officials. . .
I think I am not talking out of turn when I say they are absolutely delighted to hear of this proposed transaction . . . I know that that this has been raised at various very high-level senior meetings, government meetings, at the recent Indaba conference where the President was present.

Don’t mention Henrik!

Couldn’t make this stuff up. Sorry, someone did make it up and poor old NorEscO fell for it!
Nothing like Doing Your Own Research and all that!

My favourite is Turquoise Hill Resources/Rio Tinto (spelt Tonto).

I am happy enough for you not to interact with me. I am sure others don’t mind reading my posts.

Also I don’t make price predictions. So good luck trying to get me to fall into that trap!

I don’t mind helping you out Noresco, what part of ‘it may not be immediately following the signing of the JV’ isn’t clear?

I like to learn lessons from the past. So I had a look at a company who had a recent successful farm-in.
Ggp Sp the day before JV was announced was about 1.8p.
We all know what has happened since.
So it’s blatantly wrong to claim there will not be a significant re-rate after the JV is signed. It may not be immediately following the signing of the JV and if it does happen, it will all be down to the drill results.

The question is are we likely to get good drill results? The 3 largest recent copper discoveries (last 15-20 years) have been on the other side of the Kabombo Dome. Approx. 5 years ago these accounted for approx 80% of Zambia’s copper output.

We know about the AA/equinox JV list of targets and that we have 7 of the top 20 targets that were on that list, Sentinel was another.
So AA must be fairly confident of making at least one major discovery on our licences. You then add the fantastic terms of the JV, makes you slightly more positive about the confidence shown by AA. I think I would trust the expertise and knowledge of those at AA over the derampers on this board.

Don’t listen to the de-rampers and traders with their obvious tactics. They either have an agenda or want in at a lower sp.

That’s just Zambia by the way, never mind the potential at Botswana too!

Contracts signed today between govt and AriseIIP for development of 3 SEZs, @ Pointe-Noire, Ouesso & Oyo/Ollombo.

Ant, last year the company released two different sets of Interim results, neither had a statement. These things are not hard to check!

Travelcard, you can choose your friends but you can’t choose your family!

A lot has happened since you first posted on this board and posed your question. If the events following your question haven’t provided you with the answer then you are probably beyond hope!

Ps: fair play to you for playing Batman though!