Tertiary Minerals Share Discussion Threads

[tomboyb] 08/9/2023 10:10

Nibbling on and off here -

[the skipper] 08/9/2023 09:39

Thanks the Count. It's worth pointing out that the deal between Anglo and ARCM was effectively ratified in the Mining Minster's interview yesterday. ARCM will however need the appropriate documentation before they can issue a RNS.

Wouldn't surprise me much if Anglo also want to go after TYM's licenses too though, and hence I took a position here this week.

[the count of monte_cristo] 08/9/2023 07:47

Worth keeping an eye on ARCM....one of the neighbours to one of our licenses.



The project is also located west of Arc Minerals project area on the opposite flank of the Kabompo Dome where Anglo American plc can earn a 70% interest from Arc Minerals plc through expenditure of US$88.5 million including US$14.5 in cash payments.

[theaviator] 07/9/2023 09:47

So folks nite the absolute idiots that were post inf in here deramping. Would you have made this money in a bank?! No chance. TYM has good things coming..

[the count of monte_cristo] 07/9/2023 09:12

Source, currently yes...drilling costs money but lets see what transpires, as Mick says JV's could be an option.

[mick1909] 07/9/2023 08:46

Or a jv could be announced

[source] 07/9/2023 08:44

No I meant all of its projects. Sorry. Seems it will need to raise big to get anywhere with any of them.

[the count of monte_cristo] 07/9/2023 08:34

Why would they have the funds available to develop an asset which previously had no value due to the project being cancelled?

[source] 07/9/2023 08:12

Interesting. But as with its other lazy assets it has no money or credibility in developing any of these assets to a productive state. I.E. seems a serious value trap.

[karimgrant] 07/9/2023 07:55

Wait for it..big buys coming

[the count of monte_cristo] 07/9/2023 07:41

Indeed, some will be tempted to sell into the rise either stale bulls or short term profit takers. However for me until the market cap hits a more realistic price it's a buy, IMHO.

[mick1909] 07/9/2023 07:37

So 0.3p-0.4p if it gets there short term they'll likely be a retrace as that will be approx 300% rise

[yorkie52] 07/9/2023 07:29

No stock available on HL

[the count of monte_cristo] 07/9/2023 07:28

That would make the market cap 4.2m GBP, still tiny:))

The share price was double what it was just a few months ago, when we had less developed projects and no news on the Swedish project or excellent news on the African projects.

I look at market caps when assessing these exploration stocks, based on the recent rns's I would say a market cap of between 6-8m GBP, right now, would be fair.

Anyone disagree please justify.

[oldbronze] 07/9/2023 07:25

100% up today ?

[the count of monte_cristo] 07/9/2023 07:17

Indeed, might take a bit for the penny to drop. Being top of the leaders board might interest some folks to research the company.

[tomboyb] 07/9/2023 07:15

Some interest developing -

post 186 -

Poignant point -

[daar] 07/9/2023 07:14

Wow.. Finally some good news coming!

[the count of monte_cristo] 07/9/2023 06:43

The market cap was well over 10m GBP, 4 years ago back when this project had the green light. It has fallen hard, partly as a result of this. It now deserves a significant rerate, based on this news, IMHO.

The future outlook for this tiny company are looking completely different with this as well as the moves in Zambia.

Market cap is a tiny 2.13m GBP.

"The Swedish government, after the Ukraine/Russia war have started to think more strategically and have become pro-mining, as they should do. All these "not in my back yard" Europeans are now rethinking where exactly they will get all of the materials from to build the future. A quite stupid and short sighted policy from the Europeans who are now rushing to solve these massive supply problems as it takes 10 years on average to permit and build a mine. Good to see the Swedish government change their strategy".

[tomboyb] 07/9/2023 06:08

Tertiary Minerals PLC Government Decision - Storuman Project, Sweden
07/09/2023 7:00am
UK Regulatory (RNS & others)

Tertiary Minerals (LSE:TYM)
Intraday Stock Chart

Thursday 7 September 2023

Click Here for more Tertiary Minerals Charts.
TIDMTYM

RNS Number : 6202L

Tertiary Minerals PLC

07 September 2023

7 September 2023

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

GOVERNMENT DECISION

STORUMAN FLUORSPAR PROJECT, SWEDEN

Further to the Company's announcement yesterday, 6 September 2023, the Company is pleased to provide the following additional information:

Key points:

-- Mining Inspectorate's 2019 decision not to grant the exploitation concession application is annulled.

-- Mining Inspectorate is instructed to re-examine its decision with specific guidance on its assessment.

-- Storuman Fluorspar Project contains combined Indicated and Inferred Mineral Resources of 27.7 million tonnes grading 10.2% fluorspar.

-- 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.

Commenting today, Executive Chairman Patrick Cheetham said:

"This is a welcome decision, albeit over 4 years in the making, and it clearly provides an opportunity for the project to move forward again. The Storuman Project once underpinned a much higher market capitalisation for the Company and whilst there is no immediate intention to allocate significant resources from other projects, the re-emergence of the Storuman Project as a potential value catalyst is timely as fluorine, sourced from fluorspar, is a component in the most common electrolyte used in lithium-ion batteries today and the use of fluorine-ion batteries is under active development."

For more information please contact:

[the count of monte_cristo] 07/9/2023 02:11

If/when they get drilling on these Zambian copper projects one would expect the share price to increase x3 from here for the company to be capped at a still tiny 8m GBP.

[the count of monte_cristo] 06/9/2023 23:15

Yes, where is the idiot?