Firering Strategic Miner... Share Discussion Threads

[the chairman elect] 15/9/2022 15:50

Off to the races now

[the chairman elect] 15/9/2022 15:20

Lithium focused stocks performing very well including LSE:FRG & LSE:KOD

[gardenboy] 15/9/2022 15:15

Volume a bit higher and now a tick up

[gardenboy] 05/9/2022 07:29

Great interview, but it does look like the maiden inferred resource figure is a year away. Hopefully some tantalum production could be going before that with a pilot production plant and of course there should be various ongoing assay results from the 3,000mtr drill programme for the spodumene in the meantime. Tiny mk cap atm.

[burtond1] 05/9/2022 06:56

Is @FireRing_SM the next big #Lithium play in West Africa?#FRG Technical consultant Marc Struick and CEO Yuval Cohen discuss with @copytaster about how they can help put the Ivory Coast on the world map of critical minerals.https://total-market-solutions.com/2022/09/firering-strategic-minerals-plc-sept-2022/

[horneblower] 01/9/2022 07:49

Great that they also drilled a water borehole for the local village. :)

[thelung] 01/9/2022 07:38

Excellent news. Roll on the assays.

[thelung] 27/8/2022 15:06

FireRing Strategic Minerals
@FireRing_SM
·
11 Aug
First core logging results are expected in August 2022 with first assay results following in September 2022

[flashheart] 24/8/2022 12:50

Nice buy at mid !

[thelung] 24/8/2022 09:33

Likewise :-)

[flashheart] 24/8/2022 08:56

Hi TL. Yes I've researched many including EST which looks attractive. There are quite a few suitable to park one's money but my favourite in particular and in the lithium sector is CTL by a stretch. Just needs a bit of volume for FRG to generate a bit of interest. I always read your posts with interest by the way.

[thelung] 24/8/2022 08:46

Have you had a look at EST?

[flashheart] 24/8/2022 08:40

There are indeed. Now ready to rise from recent drops and around half the IPO price....Red hot sector as well so a bit of a 'no brainer'.

[thelung] 22/8/2022 10:10

Looks like plenty gaps are to be filled on the way back up

[gardenboy] 19/8/2022 14:21

They only have to find some pegmatite on a place called Spodumene Hill - should be relatively easy

[horneblower] 19/8/2022 13:28

I bought 50k. Will wait and see.

[gardenboy] 19/8/2022 12:44

First tick up for some while

[thelung] 19/8/2022 08:06

Core logging results next week?

[the count of monte_cristo] 17/8/2022 11:33

Yeah, it's very hot in places here. The heat is worst in some of the provinces where they mine lithium and where they make the solar panels.

[the chairman elect] 17/8/2022 11:10

SP Angel . Morning View . Lithium prices climb on reports for production rationing amid drought and heatwave in China

[the count of monte_cristo] 11/8/2022 15:07

TheLung, made a small buy today. I'll join you here:)

[thelung] 11/8/2022 13:26

:-)

FireRing Strategic Minerals
@FireRing_SM
·
3h
First core logging results are expected in August 2022 with first assay results following in September 2022.

[thelung] 11/8/2022 13:22

Welcome TCoMC, good timing :-)

18th July 2022

Firering Strategic Minerals plc

-- Drilling of first hole of the 3,000m Phase 1 diamond core drilling programme on Spodumene Hill has commenced

_____

They're keen on twitter updates but nothing tweeted re the drill that has been ongoing (hopefully) for nearly 4 weeks

[the chairman elect] 04/7/2022 07:50

Firering Strategic Minerals plc / EPIC: FRG / Market: AIM / Sector: Mining / Atex Lithium Tantalum Project Acquisition: Firering Increases Stake to 77%



Firering, an exploration company focusing on critical minerals, announces that it has increased its stake in its flagship Atex Lithium Tantalum Project ("Atex" or the "Project") in Côte d'Ivoire from 51% to 77%.



Highlights:



· Purchased 10% of the issued shares in Atex in exchange for 1,158,200 shares in the Company (with a value of £76,441 at the closing share price on 1 July 2022 of 6.6p per share; €88,672 based on £1 = €1.16) with a 12-month lock-in period plus orderly market provisions thereafter.

· Pursuant to an existing option agreement between Firering and Atex dated 31 March 2021 and covering 39% of the issued capital of Atex:

o Acquired 16% of the issued share capital of Atex for c.€320,000

o Option to acquire the remaining 23% stake of Atex remains in place to increase ownership of flagship Atex Lithium Tantalum Project to 100% (see terms outlined below)

· Transaction in line with the Company's strategy to focus on critical minerals and develop Atex to feed rampant demand for ethically sourced minerals required for the Net Zero transition.

· Lithium and columbite-tantalite are crucial components of EV batteries - demand to surge fuelled by forecasted 4700% lift in EV penetration by 2030 to 145 million vehicles according to the International Energy Association ("IEA"); also found in mobile phones, laptops.

· Atex is located in the Côte d'Ivoire - a politically stable, proven mining jurisdiction in West Africa, which is underexplored and ripe for mining investment.



Yuval Cohen, Chief Executive of Firering, said:

"We are delighted to have increased our ownership stake at our flagship Atex Lithium Tantalum Project, which we believe has the potential to become a significant lithium resource in West Africa.

"We are making rapid progress at Atex with the commencement of our 3,000m diamond drilling programme with eleven drill targets identified to intercept the potentially lithium-bearing pegmatite veins - marking a huge step forward in our exploration work. Our heightened confidence is reflected in our decision to increase Firering's ownership stake in Atex to 77%.

[the chairman elect] 29/6/2022 08:00

Yuval Cohen, Chief Executive of Firering, said:

"The last seven months have been transformational for the Company. The funds raised when we listed in November 2021 have been instrumental to the significant progress made on the ground. We wasted no time in putting these funds to good use by engaging contractors and starting, what will be a two-year long exploration campaign at Atex.

"Auger drilling, soil sampling and mapping work completed during these last seven months confirmed what we suspected: the presence of a much larger pegmatite field and the potential for a significant lithium resource. Looking ahead, the Company is now commencing the first of two planned diamond drilling campaigns targeting these pegmatites. Demand for our metals, particularly lithium, continues to grow, led by the EV market. We remain well positioned to capitalise on this demand and very much look forward to a busy and successful 2022."