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Share Name | Share Symbol | Market | Stock Type |
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Tertiary Minerals Plc | TYM | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.0675 | 0.0675 | 0.0675 | 0.0675 | 0.0675 |
Industry Sector |
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MINING |
Top Posts |
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Posted at 30/8/2024 11:12 by benchmark The Count - is this your explanation for a lack of appetite for TYM shares among UK/European investors? |
Posted at 11/7/2024 12:19 by moneylender The Zambian Minister of Mines has approved the environmental-impact assessment (EIA) that provides for a subsidiary of KoBold Metals to earn into Tertiary Minerals Zambia’s exploration licence over the Konkola West Copper project.The KoBold subsidiary, Mwinilunga Exploration, will start drilling on the licence later this month. The Konkola West project covers an area of 72 km2 and is located 18 km north-west of Chingola in the Central African Copperbelt. The project targets projected deep down-dip and along-strike extensions of three deposits – Lubambe, Mingomba and Konkola – that are located to the east of the licence and extend north into the Musoshi mining complex in the Democratic Republic of Congo. Together these deposits comprise a 15-km-long contiguous zone of mineralisation that contains an endowment of more than 775-million tonnes grading between 2% and 3% copper. Konkola West, which is located about 2 km south-west of the Mingomba deposit has historic resource estimates of nine-million tonnes of contained copper. In turn, the Mingomba deposit lies between the Kokola and Lubambe mines. KoBold is a US-based company exploring for critical metals. It is backed by technology investors such as Breakthrough Energy – which was founded by Bill Gates – and institutional investors such as the Canadian Pension Plan Investment Board. Tertiary has interests in five copper exploration projects in Zambia, including Konkola West. Initially, KoBold will complete at least two drill holes for a total of 2 000 m of drilling within 14 months of starting, which, following completion, will see KoBold, Tertiary and Tertiary’s project partner Mwashia Resources forming a joint venture company to hold the licence. The initial ownership will be KoBold with 51%, Tertiary with 39% and Mwashia with 10%. Mwashia’s equity interest will be free carried by KoBold and can be purchased by KoBold at any time for $3.5-million. Tertiary may elect to contribute to the further costs of the venture pro-rata with its shareholding or dilute its interests. Should Tertiary’s interest dilute down to 10% in the venture, then it will convert to a 1% net smelter return royalty payable for a 13-year period following the start of commercial production. KoBold and Tertiary will each make an initial payment of $30 000 to Mwashia. Tertiary’s existing option agreement with Mwashia for the Konkola West project has been terminated by the EIA. |
Posted at 04/6/2024 11:12 by argyle underclap A few thoughts on Sweden from lse. Thanks guysSeisNAV “I'm not getting my hopes up over Storuman. If it's already been rejected twice then unless they can make significant changes to the application then I don't see a change in direction. Anything is possible of course but I bought in here based on the Zambian licenses and that's where I'm hoping to see value being created. They certainly don't have the cash to develop Storuman if it was approved... maybe a sale might be the best way to go.” And twincamcortina “If it is still in place we had an MOU with Possehl, in which they agreed to buy 70% of our Fluorspar production and to help finance any initial mining and distribution costs. It is only open cast mining and the costs should be relatively low with a hopefully quick lead time to production. GLA !!!!” And last but not least this from 1 investor... Just a comment on the likelihood of the Storuman project being approved. For context & to re-cap: Fluorspar is considered a critical mineral by the EU and an important battery mineral used in the manufacture of LiPF6, the main salt used in lithium-ion battery electrolytes. It also has other applications. In 2019 the company’s application was rejected not on the implications of the mine workings, which the Inspectorate referred to themselves as being of National Interest, but on the ancillary facilities. Given the strategic nature of the resource the Government intervened in the decision making process following an appeal by the company, which pointed out the paradoxical nature of the Inspectorates decision. The Government's assertion that the Swedish Mining Inspectorate was wrong (yes wrong) to consider the ancillary elements separately and that the National Interest of the Storuman deposit should extend to include the deposit and the processing infrastructure as a whole and not just the immediate area of the mineralisation, as otherwise the deposit could never be developed. This is a hugely significant statement. What the government are saying, in other words, is that the Storuman project is a project which is in the national interest and should be approved. It’s a classic case of State v Institution and the previous Head of the Mining Inspectorate was swiftly replaced. I’m not sure all shareholders have quite grasped how much pressure this places on the current incumbent. I’ll leave it to individual shareholders to make their own minds up, but the government has teed this up to be approved. What the Mining Inspectorate have been doing since the decision was annulled in September is going through the motions so that they can justify a position change and approve the project. |
Posted at 22/5/2024 20:24 by argyle underclap Given Kobolds Uber bullish $150m backing I don't think viability is a concern for us investors?Infrastructure to reduce transport / rail cost on track too |
Posted at 11/5/2024 08:16 by jlondon --------TERTIARY MINERALS-------Something interesting going on. Investors have been asking TYM on Twitter for pics of TYM-Kobold Konkola West drilling. Yesterday, TYM posted pics with UPDATE ie Chairman Patrick Cheetham had a MEETING with Kobold and that drilling is continuing etc. Mr Cheetham also posted 1 poster's SOIL SAMPLING MAP OF ARCM/AA which is NEXT DOOR to TYM MAPULA. So, Mr Cheetham ----FOR THE OFFICIAL RECORD------WANTS ALL INVESTORS TO GET INFO which they should be researching. However, they wont post it on the forums but that soil sampling map was posted on Twitter via ARCM, not for TYM but it is relevant. ---J.London, Sat, 11 May 2025. Interesting given on this forum earlier data is NOT wanted = close it down? For the avoidance of doubt: TYM mkt cap was ONLY £2.45m @0.09p earlier ie time of posting data which TYM has now themselves given of the data for TYM Mapula & Mukai, NEXT door to MAJORS. So, what the majors are doing is relevant to TYM. |
Posted at 10/5/2024 07:55 by argyle underclap TYM twitter update 25 mins ago.“Lots of investors asking for an update on the drilling at the Konkola West #Copper Project. Our Chairman had a catch-up meeting with KoBold yesterday, the drilling is going very well no significant problems have been encountered.” |
Posted at 02/5/2024 16:37 by jlondon -------------TERTIARWhy? It would take ages to reach 1,800km-2,000km. TYM confirmed the LOWER ROAN formation is where the COPPER is at. Question and very extensive ANSWER by TYM was retweeted by them for ALL investors to see. Link: dated 30 Apr 2024 [Tues]. Tertiary in their LONG reply LoL, like my type of posting CONFIRMED that GEOPHYSICS ON KONKOLA WEST CAME FROM KOBOLD - so not like what was said by 1 on this forum and on the other forum that OH, NO GEOPHYSICS etc. No geophysics means WISHFUL THINKING per the 1 poster on the other forum on 29.4.24. OFFICIAL REPLY FROM TYM: INTERPRETATION OF GEOPHYSICAL DONE BY KOBOLD on TYM's Konkola West. TERTIARY MINERALS RNS, THUR, 2 MAY 2024. Konkola West was mentioned and drilling is in progress AND "HAS THE POTENTIAL TO DELIVER TRANSFORMATIONAL RESULTS FOR THE CO." Comment: The LOWER ROAN FORMATION as confirmed by TYM on Twitter as above means that geology 101, it will be in the 130-150m depth which was reached on 24.4.24 via TYM RNS. So, we, all would love to know.....The UPPER ROAN is from the 300m -1,000m.? |
Posted at 30/4/2024 19:33 by jlondon ARCM @19:01 by F on London South East:Topic ARCM have discussed with AA that they need to report ie RELEASE RESULTS to ARCM investors. Same here as well at TYM - the JV partner will have to be aware TYM has to release results vs private co doesnt have to. The above also stated that a large co has different reporting criteria's. Interesting. Tues, 30.4.24. Big majors dont report drill results 1st phase etc nor core assays etc. Small AIM explorers have to inform ? |
Posted at 30/4/2024 08:20 by jlondon LoL. You guys found this not used TYM site. Look at my post above #19/22. I have since checked Porter Geo database on Konkola at hxxps://portergeo.coI refer folks to para 2: "MINGOMBA: Drilling of 4 deep STEP-OUT holes from the SW margin of the KNOWN resource during the 2019-20...these holes returned BULKED.. from DEPTHS of 1,800-2,000. ==TYM/KOBOLD started drilling on 16.4.24 and on 24.4.24, the drill reached 150m. So, HUUGE difference if drill goes down to 1800-2000 as opposed to some 1,000/1040. Simple maths: 2,000m div by 150m= 13.33 x 9days =119 days minus 9 days already=110days left. WRONG INFO ON THE OTHER FORUM: Drilling of Mingomba was a STEP-OUT, so the original drilling DID NOT go down to 1800-2000. So, since the TYM RNS never said 1800-2000, the poster may have given out wrong info. Also, the TYM RNS on the agreement of the JV said, at least 2 holes to be drilled and at least 2,000 metres within 14 mths. So, in light of this, it is NOW on Twitter, thread "#tym" to ask Tertiary Minerals to clarify whether they are targeting Lower Roan as stated on their website as above #19 or the poster on the other forum is correct. Have a look on Twitter and others should ask TYM as well. OTHER FORUM: Not 1 person has posted because the poster has insisted it is 2,000m and it would take 110 days so, perhaps why it has spooked investors to sell since it is so long. But if Lower Roan is correct, it is 130-150m and then if there is copper as the drill moves on tot the HIGH ROAN formation to 1,000m. HL quotes 0.09p to sell and 0.092p to buy, Tues, 30.4.24 @9:10am. -------------------I |
Posted at 26/4/2024 20:11 by jlondon LoL, Jarv55 has posted on ARC: " I REMEMBER WHEN SOLG HIT 72p."Fri, 26 Apr 2024 @20:51 [other forum]. PortfolioPower at 16:25pm today, 26.4.24: "I remember SOLG 1.77p to 45p...PROBABLY THE BIGGEST COPPER DRILL PROGRAM TO BE SEEN IN THE SMALL CAP SINCE 2016. LOOKING FOR A SIMILAR OUTCOME..." ------------FEVER APPEARS TO BE STARTING AT ARCM/Anglo American drill at Zambia but lots dont know about TYM at Kobold drilling Kinkola West , next door to KOBOLD'S MINGOMBA big copper discovery. Nor do folks know TYM Mupula - see below.------- --------TYM'S MUPULA sits on the licence area in Zambia as the ARC/Anglo American JV currently drilling in Zambia and said to be "high profile" by the co. So, it appears that interest is starting. LoL, I did say folks remember SOLG and that is the investors dream to hit another AIM co like Solg. Will ARC or TYM or any other co hit copper in Zambia -ah, we have to wait to see. That's all folks. Thank you. J.London, Fri, 26.4.24 @9:10pm. |
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