Tertiary Minerals Share Discussion Threads

[barnaby5] 07/8/2024 18:10

City, you turn up on a decent rns and pump the hell out of it. Up 18%, top riser, Zak at .18, need I say more. Your only a sad bad day trader.

[citys2874] 07/8/2024 10:08

up 18 percent here comes the second wave up

[citys2874] 07/8/2024 10:04

buying pressure strong today expect an strong afternoon rally up

[citys2874] 07/8/2024 10:00

IN THE TOP 10 RISERS NOW MOVING UP

[citys2874] 07/8/2024 09:59

zak mir sets 18.00 target for TYM

[citys2874] 07/8/2024 09:56

up 17 percent mms ticking up

[citys2874] 07/8/2024 09:55

up 13 percent.....may see up 50 - 100 rise later today

[citys2874] 07/8/2024 09:55

FILL YA BOOTS TIME VERY CHEAP NOW

[thelung] 07/8/2024 08:19

Should have a full house once the first of those three names drops in on Mupala

[argyle underclap] 07/8/2024 07:48

there’s a rush to copper, none more so than here in Zambia ( world class grades / very favourable government ) The big boys Anglo, Kobold, First Q aren’t hanging around.

TYM in a cracking position 2 x JVs

[paulscb] 07/8/2024 07:36

Spending 500k on drilling in first year, and 1.5m in 24 months. Pass!

[tidy 2] 07/8/2024 07:32

Basically a JV with themselves but the market foots the billUsual DS

[mally6] 07/8/2024 07:26

That's mind bogling potential herd arriving soon could double up very quickly

[the count of monte_cristo] 07/8/2024 07:25

Very good news.

[n95] 07/8/2024 07:08

Can't believe we have one or two sellers on this news!!!!

[argyle underclap] 07/8/2024 06:45

N.B

The $700m is at TODAYS copper prices. As we know copper is forecast to strongly increase in value. In theory TYM could end up with a $billion asset

[argyle underclap] 07/8/2024 06:40

Stunning terms, $700M minimum! If First Q fall short they have NO interest! Wow

“the agreed terms require First Quantum to define a copper resource with an in-ground value of over US$700 million at today's copper price, before it earns any interest in the project.”

£2.5m mkt cap. 2 JVs with the big boys. ( kobold n first Quantum )

[cthompso] 07/8/2024 06:17

The agreement with First Quantum is surely a game changer!?Great job TYM.

[the count of monte_cristo] 29/7/2024 07:14

Good news.

[master esox] 29/7/2024 06:34

https://www.voxmarkets.co.uk/rns/announcement/8df5a139-f967-46c0-970d-e11a50ffa976/

[thelung] 22/7/2024 07:29

Tick tock.....

[the count of monte_cristo] 19/7/2024 10:39

Not sure what your problem is but it looks fine on my phone and laptop.

[lekka] 19/7/2024 10:25

Cannot see message Count!(About 8mm square)

[moneylender] 11/7/2024 12:19

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.