Tertiary Minerals Share Discussion Threads

[david gruen] 22/11/2021 09:58

That's what I'm hoping for.

[apfindley] 22/11/2021 09:56

Will afzal be pumping this on twitter to forward sell any discounted placing shares?

[david gruen] 22/11/2021 09:54

Forecast Cash Runway: TYM has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 3% each year.

General Public 12.8%
151,850,130 shares

Debt Level: TYM is debt free.

[david gruen] 22/11/2021 09:31

I think they could be much worse.

[apfindley] 22/11/2021 09:30

Full year results should be due within the next 3 weeks.Last year they were DIRE. They were so bad the company wrote about all the years events several times over until they finally mentioned the huge financial losses and impairments way down where the reader had already lost interest in reading.This years will likely be worse as apparently they've done exploration which they hadn't last.Will the company be able to continue as a going concern?

[david gruen] 22/11/2021 09:21

I certainly am. Money at the ready. They're bound to need cash with so many opportunities on the horizon. TYM are making so many omelets they're bound to break a few eggs.

[apfindley] 22/11/2021 09:20

Is everyone ready for the next placing announcement?LIFESTYLE COMPANY

[david gruen] 22/11/2021 08:25

"So it will get pumped for them to offload yet again."

....and I will offload with them.

More than happy for a placing. Underpins the share-price, provides working capital. Win win.

[apfindley] 19/11/2021 16:31

A usual Afzal placing will be coming.Insiders only will be contacted.So it will get pumped for them to offload yet again.

[celeritas] 19/11/2021 16:19

Do the cub pack think a placing is coming.

[david gruen] 19/11/2021 14:18

Good lad Al. All you need to do is wait now....

[alancapone] 19/11/2021 13:53

Everything DG touches turns to gold, eventually. I bought a few.

[the count of monte_cristo] 19/11/2021 09:32

Why don't you sell and admit failure with your investment here and move on. We all make mistakes, but lingering on them doesn't help:)

[apfindley] 18/11/2021 11:49

Tym been jumping between dreams for 2 decades now.That fluorspar never came to anything, yet directors have managed to limp the company forward by continually raising cash and jumping in and out of new projects.....and luckily for them, have continued to pay themselves a huge salary for delivering nothing for 20 years.And Still the company is on the starting line. This is a true AIM DOG.

[david gruen] 18/11/2021 08:50

So many shots on goal. This offers real potential for massive upside.

[david gruen] 18/11/2021 08:33

Tertiary Minerals PLC

18 November 2021

18 November 2021

Tertiary Minerals plc ("Tertiary" or "the Company")

Strategic and Operational Update and

Decision to Exercise Further Zambian Licence Options

Tertiary Minerals plc (AIM: TYM) is pleased to provide a strategic and operational update and details of an updated Investor Presentation. The Company is also pleased to advise that, further to its announcement of 2 August 2021, its 96% owned Zambian subsidiary, Luangwa Minerals Limited ("Luangwa"), will exercise its option with Mwashia Resources Ltd ("Mwashia") to enter into agreements to acquire up to a 90% joint venture interest in the four additional Large Exploration Licences held by Mwashia. These are licence numbers 27065-HQ-LEL (Lubuila), 27066-HQ-LEL (Mukai), 27067-HQ-LEL (Konkola West) and 27068-HQ-LEL (Mushima North). Tertiary is already earning up to a 90% interest from Mwashia in licence number 27069-HQ-LEL at Jacks.

Highlights

-- Tertiary's strategic focus is on energy transition and precious metals located in stable and democratic, geologically prospective, mining-friendly jurisdictions.

-- The Company's current principal activities are the discovery and development of copper, gold and silver resources in Nevada and in Zambia.

-- Planning is currently underway for drilling at Pyramid (silver-gold, Nevada) and Jacks (copper, Zambia) and for trenching at Brunton Pass (copper, Nevada).

-- Drilling is planned for Pyramid for Q1 2022 and for Jacks in Q2 2022. Trenching at Brunton Pass is planned for Q1 2022. Ground geophysics and high resolution XRF/soil sampling to aid drilling targeting at Jacks is planned for Q4 2021, but is contingent on permitting and rainfall.

-- Tertiary will exercise its option to earn a joint venture interest in the remaining four Mwashia licences in Zambia: 27065-HQ-LEL (Lubuila), 27066-HQ-LEL (Mukai), 27067-HQ-LEL (Konkola West) and 27068-HQ-LEL (Mushima North).

-- An updated Investor Presentation is available via the following link
and on the Company's website.

Commenting today, Managing Director Patrick Cullen said:

"We are looking forward to drilling the North Ruth target at the Pyramid silver-gold project. The recently reported high grade silver results and significant extension of the mineralised zone offer a compelling drill target. We look forward to announcing that schedule in more detail once plans are finalised.

We are also very pleased to be moving ahead with the option agreement with Mwashia in Zambia. We have had enough time to consider and examine the prospectivity and strategic value of the additional four licences in the original agreement. We believe our timing is good. Copper prices remain high and copper is being described as being 'the nexus of the energy transition'. Also, the recent democratic and peaceful transition to a UNDP government in Zambia, and the subsequent policy changes have already brought encouragement to the mining sector in this world-class copper mining jurisdiction.

I have recently visited Zambia and met with our partners, Mwashia, and with our local representative. Mwashia has made excellent progress in advancing permits for the Jacks licence. I also made site visits to both Jacks and the Konkola West licences. We have gathered more information, including further detailed historic documentation which is aiding our exploration planning, at Jacks in particular where we look forward to drilling in 2022."

[apfindley] 18/11/2021 07:30

Yawn.More nonsense rns from this Lifestyle company.Must be a placing coming soon if they're trying to rehash news.A special Afzal placing for insiders.

[enfranglais] 17/11/2021 17:43

All true Benchmark & TYM for this pile of shi£ to be wound up & the Directors to be put behind (metal) bars!!!!!!!!!!!!!!!!!!

[benchmark] 16/11/2021 08:34

The Count of Monte_Cristo: You are bringing a red herring into the equation by mentioning the improving price of silver. It is effectively irrelevant. What IS relevant is that a) TYM have failed over 15+ years to produce anything, b) TYM is a less-than-a-penny share and a consolidation would simply give the share a new floor to fall to, c) TYM have 1.183 billion shares in issue (a simple calculation will tell you what assets would need to be dug out of the ground to lift the share price even 0.1p), and d )Cheatham has proved himself over this time period to be less than useless (apart from providing himself with a salary and a pension pot of course)

[enfranglais] 14/11/2021 17:25

Apart from a couple of minor spikes, this has been an 8 year DUMP!!!!!!!!!!!!!

[enfranglais] 13/11/2021 17:14

Every dog has it`s day but this one needs to be put to sleep!!!!!!!!!!!!

[the count of monte_cristo] 11/11/2021 01:45

Benchmark3 Nov '21 - 13:39 - 28 of 29

The exploration business is an inherently risky business, most geologists will never find an economically viable deposit that turns into an actual mine during their careers. Some small cap exploration stocks have gone from a penny stock to multi billion dollar valued companies, whilst others have gone bust. Anyone investing in the penny dreadfalls should do so with their eyes wide open.

At these levels, and going on the basis of a rising silver price, the stock looks like a good but risky play on the silver theme. Should they continue to get good silver news then the stock could easily increase to a 12m GBP market cap, which is still tiny. That's a 400% share price increase from here. I'm expecting silver to increase significantly from these current prices and have been adding to my HOC holding. TYM is a much smaller and highly speculative investment where my average buy price is around the current share price