Tertiary Minerals Share Discussion Threads

[the count of monte_cristo] 20/12/2023 12:15

You said they couldn't get a JV done. Wrong.

You said Kobold could acquire the shareholding for as little aa 3.5m dollars. Wrong.

Surprised you are even showing your face on here as you have zero credibility. A bitter loser.

[the count of monte_cristo] 20/12/2023 03:58

They already did one, drilling fully funded on Konkola, worth millions of investment. Konkola is a high impact drill, people don't understand it yet,

On to sort the next JV.

[wewillwin20] 19/12/2023 19:26

Placing commeth

[the count of monte_cristo] 19/12/2023 19:02

So, enfranglais, being the fool that he is, has confused TMZ's local partner Mwashia Resources Ltd ("Mwashia") in his above post.

[the count of monte_cristo] 19/12/2023 19:02

So, enfranglais, being the fool that he is, has confused TMZ's local partner Mwashia Resources Ltd ("Mwashia") in his above post.

[the count of monte_cristo] 19/12/2023 19:00

Enfranglais clutching at straws.



Questions can be asked on Weds, if you have any doubts.



TERTIARY MINERALS PLC is pleased to announce that its Executive Chairman, Patrick Cheetham, will provide a live presentation via Investor Meet Company on Wednesday 20 December 2023 at 11:00am.

[the count of monte_cristo] 19/12/2023 18:54

Wrong again, enfranglais. This is actually what is in the rns.

Further to its announcement of 25 September 2023, Tertiary Minerals plc is pleased to announce that it's 96% owned subsidiary, Tertiary Minerals (Zambia) Limited ("TMZ")....

On completion of Stage 1, the parties will form a joint venture company ("JVC") to hold the Licence and enter into a shareholder agreement, the form of which is set out in the EIA. The initial JVC ownership will be KoBold 51%, TMZ 39% and Mwashia 10%. Mwashia's equity interest will be free carried by KoBold and can be purchased by KoBold at any time for US$3.5 million.

TMZ's existing option agreement with Mwashia for the Konkola West Project is terminated by the EIA. However, if the EIA terminates for any reason, the EIA provides that the Licence may then be held 90% by TMZ and 10% by Mwashia. Mwashia's interest at this point would be free carried by TMZ, and TMZ would hold an option to purchase that 10% interest for US$3.5 million.

[the count of monte_cristo] 19/12/2023 18:51

enfranglais, said they wouldn't be able to do a JV. Wrong.

[firestarter1] 19/12/2023 16:16

New placing

[ssrover] 19/12/2023 12:49

Tertiary Minerals shares soar on Konkola West project earn-in deal

[the skipper] 19/12/2023 11:49

Looking good here the Count. Hopefully it’s MILA’s turn next whilst it’s still below the placing price.

[the count of monte_cristo] 19/12/2023 11:10

For the price of a BMW one can acquire 1% of this company.

[the count of monte_cristo] 19/12/2023 11:09

Some could be tempted to sell, however as the speculation moves to the commencement of drilling one could foresee some significant moves in the share price If they hit copper, the share price could go anywhere. That is not ramping, we are drilling a project contigious to one of the worlds great copper deposits. That's a fact.

[the count of monte_cristo] 19/12/2023 11:00

Wouldn't be surprised to see this move higher in the afternoon...so off the radar.

[mally6] 19/12/2023 08:30

Kobold Metals brings real credibility (& cash) to the table. Don't forget that a few weeks ago TYM also confirmed it was subject to further "unsolicited joint venture interest from major companies". i.e. Code for more than one JV on the table. What we do know, so far, from recent RNS' and briefings is as follows:* Kobold is the JV partner for Konkola West. Brilliant news.* All five projects are now at a stage where drilling priorities can be developed. One of these, Konkola West, is now subject to a term sheet for a joint venture and other projects have been subject to unsolicited joint venture interest from major companies. Fantastic news.* Nearly US$10 billion of investment into new copper mine development in Zambia has been announced in recent times as a direct result of the Hitchilema government's more mining-friendly policies. This is generating a high level of interest in copper exploration in Zambia and TYM is well placed to benefit from this. i.e. Zambia is THE global hot spot for copper. Tym are in the right place. Very good news.* Areas A1 & A2 are targets for traditional Copperbelt sediment-hosted mineralisation where known deposits in Zambia and the DRC range in size up to supergiant size (>25mt contained copper). Superb news.

[the count of monte_cristo] 19/12/2023 08:12

I'd say we could be looking at a market cap of 8-12m in Q1 2024.

The project in Sweden may also come into focus a next year. Completely different outlook for little TYM in 2024.

[mart12345] 19/12/2023 08:09

Well called Count- spot on!

[the count of monte_cristo] 19/12/2023 08:08

The market asleep on this, could do 100% today. Certainly the market cap should be at least 5m, based on todays news.

TYM have 5 licenses in Zambia.

[the count of monte_cristo] 19/12/2023 07:32

Well, that's the first JV done and high impact drilling to begin soon. Now management can focus on the next JV across their highly prospective Zambian licenses.

Market cap is currently 2.74m

I hold close to 1%.