Podcast appearances and mentions of zak mir

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Best podcasts about zak mir

Latest podcast episodes about zak mir

Share Talk LTD
Zak Mir speaks with Andy Carroll, CEO of Mosman Oil & Gas, the company has commenced drilling its first exploration well.

Share Talk LTD

Play Episode Listen Later May 14, 2025 4:47


Zak Mir talks to Andy Carroll, CEO of Mosman Oil & Gas, in the wake of today's news that the helium, hydrogen, and hydrocarbon exploration, development, and production company has announced the spudding of the first exploration well of a five-well programme in the Vecta Project, Las Animas County, Colorado, US. Highlights ·      | Drilling has commenced and surface casing set. ·      | The Barclay-TH 295 106A well will test the Lyons Sandstone formation at the Billy Goat lease area (“AMI”), with a planned total depth (“TD”) of circa 800ft in the Lyons Sandstone. ·      | Drilling will continue to determine top of Lyons formation, and then to TD. ·      | Gas will be tested to determine concentrations of gases, including helium. ·      | Wireline logging will be conducted at TD to determine the reservoir and gas/fluid properties. Vecta Project (90% interest in Billy Goat, 20% working interest in other areas) The Vecta Project is operated by Vecta and is located in Las Animas County, close to the Red Rocks helium producing field, and Blue Star Helium's Galactica development project. Helium concentrations of up to 11% have been encountered in offset wells and fields in the area, with the closest well, Texaco Cynthia True-1, flowing 8.8% helium from the upper Lyons sandstone. A total of five wells are planned to be drilled in this drilling campaign, testing five individual structural closures. Andy Carroll, Chief Executive Officer of Mosman, said: “The drilling of this Billy Goat well is exciting given the excellent lease position in a proven area of helium development and production “Each well location has been carefully selected by the very experienced team at Vecta and we believe each well has an excellent chance of discovering helium. The low-cost drilling of these wells enables data to be obtained at very reasonable cost. “This location has good access to infrastructure including roads, pipelines and the Ladder Creek helium plant located at Cheyenne Wells, about 100 miles north of Billy Goat.”

Share Talk LTD
Zak Mir talks to Andy Carroll, CEO of Mosman Oil & Gas

Share Talk LTD

Play Episode Listen Later Apr 30, 2025 17:10


Zak Mir talks to Andy Carroll, CEO of Mosman Oil & Gas, about the latest company update at the helium, hydrogen, and hydrocarbon exploration, development, and production company. Navigating the Helium Gold Rush in the US In the evolving landscape of energy commodities, helium has emerged as a critical resource with soaring demand and limited supply. Mosman Oil and Gas, under the leadership of CEO Andy Carroll, is strategically positioned to capitalise on this burgeoning market, particularly within the United States. This article delves into Mosman's journey, its unique positioning in the helium sector, and what investors and industry watchers can expect in the near and medium term. From Oil and Gas to Helium: Mosman's Strategic Pivot Mosman Oil and Gas has a rich heritage rooted in the oil and gas industry, which has provided the company with a strong technical foundation. However, recognising the significant opportunity in helium exploration and production, Mosman has focused on this niche but rapidly growing sector. Helium, often overlooked in the past, is now experiencing what many describe as a gold rush, particularly in the US. This shift is driven by helium's essential role in a variety of high-tech applications, including semiconductor manufacturing, medical imaging, and aerospace technologies. Andy Carroll emphasises that Mosman's decision to concentrate on the US market is deliberate and strategic. “There are very few small companies focused on helium, especially in the US, which we believe is the place to be,” he explains. This is largely due to the recent opening of the US helium market to private investors after a century of government control, which had previously stifled exploration incentives. The US Helium Market: Infrastructure and Opportunity The US helium market differs significantly from other global regions. Historically, helium production and sales were dominated by government-run entities, with restricted access for private companies. The government's release of its helium reserves disrupted prices and exploration dynamics, but recent regulatory changes have ushered in a new era of opportunity. “In the US, you have an established helium infrastructure, which is crucial,” Carroll points out. Unlike other regions such as Australia, where helium resources may exist but infrastructure and market access are limited, the US offers a mature ecosystem. This includes pipelines, processing plants, and a ready market driven by demand from critical industries. Moreover, the US market's relative lack of competition in helium exploration means companies like Mosman can secure prime acreage and advance projects with less direct rivalry, setting the stage for potentially lucrative near-term production. https://www.share-talk.com/zak-mir-talks-to-andy-carroll-ceo-of-mosman-oil-gas/

Share Talk LTD
Zak Mir talks to Ryan Mee, CEO of Fulcrum Metals

Share Talk LTD

Play Episode Listen Later Apr 10, 2025 5:13


Zak Mir talks to Ryan Mee, CEO of Fulcrum Metals, in the wake of the Panther Metals stake sale and LOI for the sale of the Tully Gold property. Fulcrum Metals plc (LON: FMET), a technology led company focused on the recovery of precious metals from mine tailings in Canada, is pleased to announce that it has signed a binding letter of intent (the “LOI”) with TSX Venture Exchange listed Loyalist Exploration Limited (“Loyalist”) for the sale of the Company's 100% interest in the Tully Gold Project (“Tully” or the “Project”) in Timmins, Ontario. Loyalist Exploration Limited is a recently restructured mineral exploration company led by an experienced management and directors focused on acquiring, exploring, and developing quality mineral properties in Canada. Loyalist recently announced a strengthening of its portfolio through the addition of the Loveland nickel/copper/gold property and the Gold Rush gold/silver property, both located in the Timmins, Ontario mining district. LOI highlights · Cash payment of CA$500,000 payable to Fulcrum on completion · 89,255,000 common shares in Loyalist to be issued to Fulcrum representing a shareholding of 19.9% in the issued share capital of Loyalist upon completion (subject to adjustment) with an implied value of CA$892,550 based on a price of CA$0.01 per share · A 2% net smelter royalty (“NSR”) to be granted to Fulcrum over the Project with a CA$1,000,000 buy back for 1% · Potential future milestone payments to Fulcrum of CA$100,000 in cash and 30,000,000 shares in Loyalist at a price of CA$0.01 per share or cash in lieu · Exposure to multiple highly prospective projects in the Timmins mining district Ryan Mee, Chief Executive Officer of Fulcrum, commented: “I am very pleased to announce the signing of the LOI with Loyalist over the highly prospective Tully Gold Project in Timmins, Ontario. This transaction aligns perfectly with our broader strategy to divest exploration assets and focus on the development of our gold tailings projects in Kirkland Lake and the potential commercial opportunities open to us. “We believe that Tully is a high quality asset that is located in one of the world's most prolific gold districts, and the terms retain significant exposure for Fulcrum in the potential upside through the shareholding and the milestone and royalty structure. I look forward to working alongside Loyalist to closing this transaction.” https://www.share-talk.com/fulcrum-metals-plc-lonfmet-letter-of-intent-for-sale-of-tully-gold-property/

Share Talk LTD
Zak Mir talks to Segun Lawson, President & CEO of Thor Explorations

Share Talk LTD

Play Episode Listen Later Apr 9, 2025 14:58


Zak Mir talks to Segun Lawson, CEO of Thor Explorations. The company provided an operational and financial review for its Segilola Gold mine in Nigeria and for its mineral exploration properties in Nigeria, Senegal, and Côte d'Ivoire for the three months ending December 31, 2024, and the audited financial results for the year ending December 31, 2024. Thor Explorations Ltd. (TSXV / AIM: THX) is pleased to provide an operational and financial review for its Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria, Senegal and Côte d'Ivoire for the three months ending December 31, 2024 ("Q4 2024") and the audited financial results for the year ending December 31, 2024 (the "Year" or "FY 2024"). The Company's Consolidated Audited Financial Statements together with the notes related thereto, as well as the Management's Discussion and Analysis for the year ending December 31, 2024, are available on Thor Explorations' website at https://thorexpl.com/investors/financials/. All figures are in US dollars ("US$") unless otherwise stated. https://www.share-talk.com/zak-mir-talks-to-segun-lawson-president-ceo-of-thor-explorations/

Share Talk LTD
Zak Mir talks to Mark Routh, CEO of Prospex Energy

Share Talk LTD

Play Episode Listen Later Apr 8, 2025 6:01


Zak Mir talks to Mark Routh, CEO of Prospex Energy, an AIM-quoted investment company focused on European gas and power projects. Prospex Energy provides an operational update on its production, development, and drilling schedules across its portfolio of three producing natural gas assets in onshore Europe: Viura, Selva, and El Romeral. Prospex Energy: A Bright Future in European Gas Production In recent times, Prospex Energy has been making waves in the European gas sector, and with good reason. With a solid operational update, the company is well-positioned to grow, thanks to a balanced portfolio of assets and a commitment to sustainable energy production. Let's dive deeper into the latest developments and what they mean for the future of the company. Operational Update: Increased Production and Future Plans Prospex Energy has reported a significant increase in net production since this time last year. The company now boasts production income from three assets located in two stable European nations. This not only covers overheads but also ensures that the company remains debt-free, setting the stage for future growth. However, there have been some operational challenges, particularly with the VRA field. In January, flow tests from the VRA 1B well showed promising results, with a flow rate of around 500,000 cubic meters per day. Yet, subsequent reports indicated a reduction in flow rates and an increase in water handling requirements. These operational issues are part and parcel of managing gas assets, but the acquisition of the VRA field last August has been transformative, doubling production for Prospex Read More https://www.share-talk.com/zak-mir-talks-to-mark-routh-ceo-of-prospex-energy-2/

Share Talk LTD
Transforming Biotech: Insights from Tim McCarthy, CEO of ImmuPharma

Share Talk LTD

Play Episode Listen Later Mar 17, 2025 31:32


ImmuPharma PLC (AIM: IMM) CEO Tim McCarthy spoke with Zak Mir. In the world of biotechnology, companies often face unique challenges, particularly when it comes to navigating public markets and securing investment. Tim McCarthy, CEO of ImmuPharma, shares his insights on the current state of the biotech industry, the innovations at ImmuPharma, and the importance of effective communication with investors. Join us as we delve into ImmuPharma's transformative journey, the significance of its groundbreaking research, and what the future holds for the company. The Landscape of Biotech Investment Tim opens the discussion by acknowledging the struggles that biotech firms, especially those listed on the London market, often encounter. The UK and Europe lack the depth of capital markets that are available in the US, making it more challenging for biotech companies to thrive. Tim reflects on his extensive experience in the sector. He highlights that the primary issue is not just access to capital but also the understanding of what biotech companies bring to the table. “We don't have the same appreciation for the intellectual resources that biotech brings,” he notes. This lack of recognition has led to many small biotechs leaving the market, unable to secure the funding they desperately need. Tim emphasizes that for many biotech companies, the public market is critical for raising capital, particularly during the development phases when they are not generating revenue. The Importance of News Flow One of the key elements for biotech companies like ImmuPharma is maintaining a steady flow of substantial news. Tim explains that news flow is the lifeblood of biotech companies. It's not enough to release press releases just to remain visible; these updates need to convey meaningful progress and be understandable to a broader audience. “The majority of investors out there are not scientists,” he points out, highlighting the need for clarity in communicating complex scientific advancements. Tim believes that if investors better understood the technology and breakthroughs, it could lead to improved valuations and liquidity for biotech companies. https://www.share-talk.com/transforming-biotech-insights-from-tim-mccarthy-ceo-of-immupharma/

Share Talk LTD
Zak Mir talks with Ryan Mee, CEO of Fulcrum Metals, Highlighting the company gold tailings strategy

Share Talk LTD

Play Episode Listen Later Mar 15, 2025 6:57


Zak Mir talks to Ryan Mee, CEO of Fulcrum Metals, a Canadian-focused exploration company, about its gold tailings strategy and potential benefits to the group. In mining and resource exploration, the conversation often revolves around finding new gold, silver, and other precious metals sources. However, there's a growing trend that focuses on reprocessing existing tailings—waste materials left over from previous mining operations. Today, we'll explore Fulcrum Metals' innovative approach, particularly its strategy surrounding gold tailings in Canada, and how it plans to turn these deposits into valuable assets. Understanding the Tailings Strategy Fulcrum Metals is strategically focused on reprocessing tailings, specifically gold tailings, located in Ontario, Canada. This approach is not just about mining; it's about transforming what was once considered waste into a viable resource. The company recognises the potential of these tailings, especially given the recent surge in gold prices. Ryan Mee, CEO of Fulcrum Metals, has been instrumental in shaping this vision. He highlights the importance of scalability in their operations. Scalability is crucial for junior resource companies, particularly in a market that can sometimes overlook smaller entities. By proving the concept of reprocessing tailings, Fulcrum aims to establish itself as a key player in this niche. Key Findings from the Phase 2 Study Positive Technical Results: The Phase 2 study has provided critical technical details necessary for pursuing a master licensing agreement. Scalability: The study has confirmed that the reprocessing method can be scaled up, allowing for increased production. Additional Tonnage: More tonnage could be added to the Techu project, enhancing its viability as a long-term operation. https://www.share-talk.com/zak-mir-talks-with-ryan-mee-ceo-of-fulcrum-metals-highlighting-the-company-gold-tailings-strategy/

Share Talk LTD
Zak Mir talks to Bernard Aylward, CEO of Kodal Minerals

Share Talk LTD

Play Episode Listen Later Mar 14, 2025 7:44


Zak Mir interviews Bernard Aylward, CEO of Kodal Minerals (AIM: KOD), following last month's announcement that it has successfully produced its first spodumene concentrate at the fully-funded Bougouni Lithium Project in Southern Mali. The first production of spodumene concentrate was successfully achieved during the commissioning phase of the Stage 1 Dense Media Separation (DMS) processing plant, following the introduction of pegmatite ore into the circuit. The DMS plant met its performance targets in this initial run, producing spodumene concentrate with an assay of 5.53% Li₂O, aligning with the planned production profile. This milestone was reached ahead of schedule, setting the stage for a gradual ramp-up to nameplate capacity in the coming weeks. Bernard Aylward, CEO of Kodal Minerals, remarked: “The first production of spodumene concentrate at Bougouni marks a major milestone for Kodal and I would like to thank our entire team for this achievement, which wholly reflects the dedication and effort of all those involved.  We are confident that this progress will continue into the commercial production phase and our project team will continue to work towards our 10,000 tonnes per month target at Bougouni. “The operational focus over the coming weeks will be the finalisation of commissioning and stress testing of the DMS processing plant as we ramp up to achieve nameplate capacity and steady state production. We look forward to confirming our first shipment of lithium spodumene concentrate to Hainan in China by the end of this quarter.” https://www.share-talk.com/zak-mir-talks-to-bernard-aylward-ceo-of-kodal-minerals-2/

Share Talk LTD
Blackbird CEO Ian McDonough sits down with Zak Mir to talk results FY24 and elevate.io milestones achieved

Share Talk LTD

Play Episode Listen Later Mar 7, 2025 7:00


Zak Mir talks to Ian McDonough, CEO of Blackbird, in the wake of the Final Results reported from the technology licensor, developer, and seller of the market-leading cloud-native video editing platform Blackbird and the online collaborative video editing and content creation platform elevate.io. In the ever-evolving landscape of video editing and content creation, Blackbird stands out as a pioneering force. Under the leadership of Ian McDonough, the company has made significant strides, particularly with its innovative cloud-native video editing platform. In this blog post, we'll delve into the recent achievements of Blackbird, its strategic direction, and what the future holds for the company and its users. A Year of Milestones for Blackbird The past year has been pivotal for Blackbird, marked by key milestones that have set the stage for future growth. McDonough highlights that Blackbird has two core products: the flagship Blackbird platform, designed for high-end news and sports content creation, and Elevate, a comprehensive video content creation platform aimed at both corporate and individual users. One of the standout achievements includes Blackbird's involvement in the summer games in Paris, where it handled an impressive 75 feeds of sports content simultaneously. Editors from across the globe utilized the platform to create engaging stories and clips featuring their national athletes, showcasing the platform's robustness and reliability. For the first time, the Blackbird division reported an EBIT positive margin of £500,000, alongside a profit in 2024, marking a significant financial milestone for the company. These achievements not only demonstrate the platform's market viability but also its potential for sustained growth. Launch of Elevate: A Game Changer Another major development was the recent launch of Elevate's Creator platform, which took place just three weeks prior to this discussion. McDonough emphasizes that Elevate is a crucial component of Blackbird's strategy to scale the business. The platform offers an end-to-end video content creation solution tailored for the corporate market and individual creators alike. With a burgeoning market estimated at $6.9 billion in 2022, Elevate is positioned to capture a significant share as video content becomes increasingly ubiquitous. McDonough notes that the platform is designed to facilitate seamless collaboration, enabling users to create professional-quality video content without the need for extensive editing experience. https://www.share-talk.com/blackbird-ceo-ian-mcdonough-sits-down-with-zak-mir-to-talk-results-fy24-and-elevate-io-milestones-achieved/

Share Talk LTD
Zak Mir talks to Alastair Clayton, Executive Chairman of Thor Energy Plc

Share Talk LTD

Play Episode Listen Later Mar 4, 2025 6:50


Zak Mir talks to Alastair Clayton, Executive Chairman, Thor Energy, in the wake of the acquisition of 80.2% of the issued share capital of Go Exploration Pty Ltd, the Australian-based natural (white) hydrogen and helium explorer. They also discuss the key drivers for Thor over the rest of 2025. In the dynamic landscape of alternative energy, Thor Energy is making significant strides, particularly in the natural hydrogen sector. With a renewed focus and strategic direction, the company is well-positioned to capitalize on the burgeoning interest in hydrogen as a sustainable energy solution. In this post, we will explore what Thor Energy does, its recent developments, and the key drivers for its growth in 2025 and beyond. Understanding Thor Energy Thor Energy is a dual-listed company on the ASX, operating primarily within the alternative energy metal space. For years, it has been diligently working to carve out a niche in this rapidly evolving industry. Recently, the company underwent a board refresh, which has led to a renewed emphasis on natural hydrogen exploration. Natural hydrogen, distinct from the various coloured hydrogen variants like green or blue, is a naturally occurring resource. Thor Energy is set to launch its program in South Australia, tapping into this exciting and less explored sector of the hydrogen market. The Hydrogen Gold Rush The hydrogen sector is witnessing what many are calling a "gold rush." Major players, including tech giants and philanthropic foundations, are investing heavily in hydrogen technologies. The premise is straightforward: natural hydrogen can be burned similarly to natural gas to power data centres and energy-intensive industries, including those related to artificial intelligence. This surge in interest raises the question: is this the primary pivot for Thor Energy? The answer is a resounding yes. While the company will maintain its previous activities, the focus on natural hydrogen is paramount. This strategic shift aims to rationalize its portfolio and align with market demands. Scaling Up: The Journey from Micro Cap to Mid-Tier Thor Energy currently operates as a small-cap micro-cap company with a market cap of around £6 million. Transitioning from a micro-cap to a small-cap or mid-tier company involves navigating various challenges, particularly in raising capital. Alastair Clayton, the Executive Chairman, highlights the importance of achieving "escape velocity"—a term used to describe the point at which a company can scale up effectively. In the commodities sector, raising a small amount of money often proves more challenging than securing larger sums. Over the past two decades, Clayton has learned that the key lies in finding a balance between scale and investability, all while keeping capital expenditures manageable. The natural hydrogen sector presents a unique opportunity for Thor Energy, as it requires relatively low capital expenditure to bring projects into production. https://www.share-talk.com/zak-mir-talks-to-alastair-clayton-executive-chairman-of-thor-energy-plc/

Share Talk LTD
Zak Mir talks to Harry Baker, Chief Executive of Borders and Southern Petroleum PLC

Share Talk LTD

Play Episode Listen Later Feb 21, 2025 9:32


Zak Mir talks to Harry Baker, CEO of Borders & Southern, after the London-based independent oil and gas company with assets offshore the Falkland Islands announced a fundraising campaign to raise approximately £1.86 million. They discuss the new “drill, baby drill” mantra in the market and Borders' strategy and outlook. Borders & Southern is an independent oil and gas exploration company based in the UK, primarily focused on the Falkland Islands. Recently, the company made headlines with its announcement of a fundraising initiative aimed at raising approximately £1.86 million. This move reflects the company's strategic approach to capitalizing on its assets and positioning itself in the market. Understanding the Fundraising Announcement During a recent discussion, Harry Baker, the CEO of Borders & Southern, elaborated on the reasons behind this fundraising effort. Historically, the company has raised two years' worth of working capital, but in the last round of fundraising in October, they opted to raise only one year's worth. Baker emphasized that the decision was made because the company's share price at the time did not accurately reflect the potential internal and external catalysts that could drive the stock's value upward. Funding for Future Opportunities The primary goal of the recent fundraising is to ensure that Borders & Southern is fully funded until the end of 2026. This financial cushion is crucial as the company seeks to engage in farm-out conversations regarding its significant discovery project. Baker expressed that being well-funded allows the company to negotiate from a position of strength, enabling them to pursue the right deals rather than settling for the first offer that comes along. https://www.share-talk.com/zak-mir-talks-to-harry-baker-chief-executive-of-borders-and-southern-petroleum-plc/

Share Talk LTD
Zak Mir talks to Gordon Stein, Chief Financial Officer of CleanTech Lithium

Share Talk LTD

Play Episode Listen Later Feb 14, 2025 11:27


Zak Mir talks to Gordon Stein, CFO of CleanTech Lithium, an exploration and development company advancing lithium projects in Chile for the clean energy transition, as it raises £2.4m and in the run-up to its dual listing on the ASX. CleanTech Lithium Raises £2.4 Million to Advance Laguna Verde and ASX Listing. CleanTech Lithium PLC (CTL) has conditionally raised £2.4 million by issuing 15 million new shares at 16p each. The placement shares account for approximately 15.2% of the company's expanded ordinary share capital, with each share including a warrant entitlement to subscribe for one additional share at 11p. Most placement shares were allocated to existing institutional investors across Asia, Australia, Europe, and the UK, reflecting strong shareholder support despite challenging market conditions. Net proceeds will be directed towards key initiatives, including advancing capital programs crucial for securing the CEOL (Chilean Special Lithium Operation Contract) at Laguna Verde, completing the project's pre-feasibility study, and funding the company's listing on the ASX through to completion. Additionally, the funds will support efforts to enhance market visibility, attract a broader investor base, and finalize the first-stage direct lithium extraction (DLE) pilot plant. The company aims to produce significant quantities of battery-grade lithium carbonate to introduce to potential off-takers and strategic partners, while also covering general working capital requirements. To accommodate further demand, CleanTech Lithium has granted a broker option to Fox-Davies, allowing investors to participate in the placement until 5:00 PM on 25 February 2025. Executive Chairman Steve Kesler commented: "We are delighted to welcome new shareholders and appreciate the continued support of existing investors who, despite tough market conditions, have shown confidence in our mission to develop responsibly sourced lithium in Chile through direct lithium extraction. These new funds will help us progress towards securing a CEOL at Laguna Verde, completing the project's PFS, and producing battery-grade lithium carbonate for potential strategic partners. We remain committed to engaging with indigenous communities as we pursue a dual listing in Australia in the coming weeks."

Share Talk LTD
Andrea Cattaneo, CEO Zenith Energy (LON:ZEN) Talking to Zaks Traders Cafe

Share Talk LTD

Play Episode Listen Later Feb 5, 2025 13:54


Zak Mir talks to Andrea Cattaneo, CEO of Zenith Energy, as he discusses prospects for the company's prospects for an arbitration win with Tunisia in the wake of the latest successful fundraising. In an engaging discussion, Andrea Cattaneo, the CEO of Zenith Energy, shares insights on the company's recent successes, ongoing arbitration processes, and future strategies. This blog post explores the key points from this conversation, highlighting the company's remarkable journey and the exciting prospects ahead. Recent Performance and Share Price Surge Zenith Energy has experienced a notable uptick in its share price over the past few months, surging from near a penny to almost 12 pence at its peak—an impressive tenfold increase. This surge is largely attributed to the market's positive reception of the company's potential to win its arbitration case in Tunisia, coupled with a successful fundraising effort. Understanding the Arbitration Landscape One of the unique aspects of Zenith Energy's situation is the presence of three arbitration cases. Cattaneo explains that most companies typically deal with a single arbitration, which can be a binary bet. However, having multiple cases provides a broader range of options and a greater sense of security. The first arbitration has already been won, with penalties and interest to be reimbursed at a high interest rate, setting a promising precedent for the subsequent cases. Winning the First Arbitration The first arbitration victory is a significant milestone for Zenith Energy. The company initiated the case for $6.7 million, which eventually expanded to a total of $9.7 million after accounting for damages and costs associated with the arbitration process. This increase of 45% over the original claim demonstrates the complexities and potential financial rewards involved. Expectations for Upcoming Arbitrations Looking ahead, the stakes are even higher with the second arbitration, where claims amount to $130 million. The company is optimistic about the outcome, believing that the same illegalities will be punished similarly across different courts. This sets the stage for potentially transformative financial results for Zenith Energy, should all three arbitrations yield positive outcomes. Market Confidence and Financial Strategy The market has reacted positively to these developments, with Zenith's market cap increasing from approximately £2-3 million to around £23-24 million. This reflects investor confidence in the company's prospects and the anticipation of further arbitration wins. To support these efforts, Zenith Energy recently raised just under £3 million, primarily earmarked for legal costs associated with the arbitration process. Utilising Funds Wisely While the primary focus of the raised funds is on arbitration, Cattaneo indicates that the company may also explore opportunities for acquisitions in the oil and gas sector. The strategy remains cautious, ensuring that the funds are used judiciously and primarily directed towards winning the ongoing legal battles. Future Directions: Beyond Arbitration Once the arbitration cases are settled, Cattaneo envisions a strategic shift for Zenith Energy. He expresses a desire to evolve the company into a mid-tier oil and gas or energy production entity. This transformation is not merely about winning cases; it's about leveraging the company's assets and capabilities in a competitive market. Diverse Energy Focus Zenith Energy's future plans encompass a variety of energy sources, including a potential pivot towards uranium. Cattaneo highlights the emerging interest in smaller nuclear power projects, which could address public concerns while providing a clean energy alternative. Alongside this, the company continues to focus on electricity production in Italy and the UK, primarily through natural gas and photovoltaic projects. Strategic Acquisitions and Market Positioning The strategy for acquisitions post-arbitration will involve a mix of opportunistic purchases and a more selective approach to entering new markets. Cattaneo stresses the importance of avoiding previous mistakes that led to the company's downsizing and loss of credibility. The focus will be on countries with stable jurisdictions that can offer energy security. Partnering for Success To mitigate risks associated with distressed assets and challenging jurisdictions, Cattaneo emphasizes the value of strategic partnerships. Collaborating with sovereign wealth funds or other established entities can provide a cushion against market volatility, allowing Zenith Energy to capitalize on potential upsides without exposing itself to undue risk. Conclusion: A Bright Horizon for Zenith Energy Andrea Cattaneo's insights paint a picture of a resilient company poised for growth and transformation. With a robust strategy to navigate the complexities of arbitration, a commitment to diversifying energy sources, and a clear focus on strategic acquisitions, Zenith Energy is well-positioned for a promising future. As the company prepares for upcoming arbitration results, stakeholders can look forward to exciting developments that could redefine the landscape of Zenith Energy. Stay tuned for more updates as Zenith Energy continues its journey towards success in the energy sector.

Share Talk LTD
Zak Mir talks to David Minchin, Chairman of Helix Exploration PLC

Share Talk LTD

Play Episode Listen Later Jan 24, 2025 5:40


Zak Mir talks to David Minchin, Chairman of Helix Exploration, about the latest from Rudyard and how this week's fundraiser will take the helium explorer to production. Helix Exploration PLC has announced updated helium reserves and economic modelling results for its Rudyard Project. The company plans to raise a minimum of £4 million through a share issue to fund the development and production, targeting significant cash flow and market expansion. The first production is expected in Q2 2025. Highlights of Reserves and Economic Modelling •     Reserves of 355 million cubic feet of helium calculated by Aeon Petroleum Consultants Corp. ("Aeon") on northern dome only •     Net Revenue $115.2m over 12.5-year life of field and peak sustained post-tax cash flow of $15-25 million per year using a flat helium price of $500/Mcf •     Aeon modelling results in NPV8 of $77.9m and IRR >1,000% on reserves in northern part of dome •     In-house modelling results in NPV8 of circa $145m and Net Revenue circa $220m including contingent resources in southern part of dome •     Results from Darwin #1 indicate closure is larger than expected under current structural model Bo Sears, CEO of Helix Exploration, said: "We are delighted to announce updated reserves and economic forecasts for Rudyard Project which demonstrate the potential to generate free cash flow of $15 - $25 million per year post-tax and post-royalty, and net revenue of $115 - $220 million over a 12.5-year life of field.  Reserves demonstrate discovered commercial helium that underly the value of the Rudyard Project and considerable upside for long term shareholders." "With the expected completion of the proposed fundraise, Helix will be fully funded to bring the Rudyard Project into production and positive cash-flow, targeting first production within Q2 of this year.  Early cashflow gives Helix the freedom to pursue exploration and M&A, self-financing development and growing Helix into a strategic helium producer for the USA market." David Minchin, Chairman of Helix Exploration, said "The decision to move forward with an equity raise comes after a detailed review of the economic model and terms of available debt finance.  Equity became preferable over debt considering the high cost of debt capital as well as onerous terms including long term take-or-pay agreements that would have limited the Company's ability to market produced helium to end-users and the wider USA market.  In-house analysis showed a higher post-dilution NPV per share on an equity raise compared to a debt raise, demonstrating that equity would be the preferred finance route to grow the Company and deliver long-term benefit to shareholders." "We look forward to an active period for the Company as we move to complete the proposed fundraise and accelerate Rudyard into production."

Share Talk LTD
Unlocking Bitcoin Mining: An Interview with Francesco Gardin, CEO & Exec Chairman of QBT

Share Talk LTD

Play Episode Listen Later Jan 20, 2025 8:22


Zak Mir talks to Francesco Gardin, CEO and Executive Chairman of QBT, an AIM-listed investment company focused on a disruptive R&D and investment programme within the blockchain sector, as it announces a breakthrough achievement for its predictive Bitcoin Artificial Intelligence model mining tool. QBT believes this is a significant milestone since this proprietary technology has been used in trials to mine Bitcoin. It provides a material competitive advantage in mining by reducing the energy cost of mining by approximately 30% or accelerating the mining speed at current energy consumption and costs with approximately a 30% greater hash rate. In the rapidly evolving world of cryptocurrency, Bitcoin mining stands as a complex and competitive frontier. Companies are constantly searching for innovative solutions to enhance their mining capabilities. One such company, QBT, is at the forefront with a cutting-edge approach that utilises artificial intelligence. In this blog, we delve into an insightful conversation with Francesco Gardin, CEO and Executive Chairman of QBT, who shares the latest advancements and breakthroughs in their predictive Bitcoin AI model. The Journey of QBT Francesco Gardin starts by outlining the history of QBT, which has been on a transformative journey for over three years. This journey is not just about creating a mining tool; it's about challenging the status quo of Bitcoin mining. The core of their innovation lies in tackling the SHA-256 algorithm, which is fundamental to Bitcoin generation. Gardin describes their mission as one to “crack the code” of SHA-256, although he admits that “cracking” is a strong term. Instead, they aimed to enhance the algorithm's efficiency using advanced AI techniques. These techniques have led to the creation of an Oracle that predicts the algorithm's behaviour, significantly reducing the computational resources required to mine Bitcoin. What is the Oracle and How Does it Work? The Oracle developed by QBT is an intriguing innovation. It operates by providing a predictive analysis of whether a given input into the SHA-256 algorithm has a chance of generating a successful output—a winning hash. This means that miners can avoid unnecessary computations, which traditionally require trying trillions of inputs to find a valid hash. Instead of brute-forcing through countless possibilities, the Oracle can qualitatively assess whether the outcome will meet the target criteria. This not only saves time but also resources, which is particularly critical in an industry where energy costs are a major concern. The Competitive Edge of QBT's Technology One of the significant advantages of this Oracle is its efficiency. By reducing the energy cost of mining by approximately 30%, QBT is poised to provide miners with a substantial competitive edge. This improvement can either accelerate mining speed at current energy consumption levels or enhance the hash rate, which is crucial for successful mining operations. Gardin highlights the current landscape of Bitcoin mining, noting that as Bitcoin prices rise, the competition intensifies. Miners are constantly seeking ways to improve their performance, and QBT's technology offers a promising solution. Licensing and Business Model A key question arises about the accessibility of QBT's intellectual property (IP). Gardin clarifies that their business model is geared towards licensing the technology. The Oracle's capabilities must be integrated directly into mining chips, a process that involves collaboration with chip manufacturers. When asked about potential partnerships, Gardin mentions that while the number of companies manufacturing Bitcoin mining chips is limited, those who understand the technology's impact can significantly enhance their operations. The licensing structure typically involves an upfront payment for the right to use the IP, alongside ongoing maintenance fees for updating the neural networks that keep the Oracle aligned with blockchain developments. Future Developments and Innovations While the Oracle represents a significant breakthrough, Gardin is clear that it is just the beginning. QBT has two other ongoing projects that aim to further improve mining efficiency. These projects are still in testing phases, but initial results indicate a potential for even greater performance enhancements. Gardin notes that while the lab results show promising improvements, adapting these methods to existing chips presents unique challenges. The limitations of current chip technology mean that QBT must continually refine their approach, which could eventually lead to collaborations with chip designers to create optimised solutions. QBT's Vision and Potential As a small-cap company operating on the cutting edge of technology, QBT holds a special niche within the cryptocurrency sector. Gardin expresses confidence in their expertise regarding the SHA-256 algorithm and its significance in Bitcoin generation. While QBT's immediate focus is on licensing powerful technologies to major players in the market, the potential for growth is immense. Gardin envisions a future where QBT could evolve into a larger player in the tech industry, but he emphasises that their current priority is to develop and license technologies that can significantly improve mining operations for their partners. Conclusion The conversation with Francesco Gardin reveals the innovative spirit driving QBT as they navigate the complexities of Bitcoin mining. With their predictive AI technology, they are not just participating in the cryptocurrency landscape; they are actively reshaping it. As the demand for efficient mining solutions grows, QBT is well-positioned to lead the charge with its groundbreaking Oracle and ongoing advancements. The road ahead looks promising, and the potential for further breakthroughs continues to excite both investors and industry insiders alike. Stay tuned for more updates from QBT as they continue to explore the frontiers of blockchain technology and redefine what is possible in Bitcoin mining. https://www.share-talk.com/zak-mir-talks-to-francesco-gardin-ceo-executive-chairman-of-quantum-blockchain-technologies-plc/

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Zak Mir talks to David Lenigas, Chairman Vinanz, in the wake of the Bitcoin miner's recent Main Listing

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Play Episode Listen Later Jan 17, 2025 11:02


Welcome to a deep dive into the world of Vinanz, a trailblazer in the Bitcoin mining sector. With its recent listing on the London Stock Exchange, Vinanz is setting the stage for significant growth and innovation in the cryptocurrency space. Chairman David Lenigas shares insights into the company's strategic vision, the dynamics of Bitcoin as an asset class, and the future of mining operations. The Excitement of Listing on the London Stock Exchange Recently, Vinanz made headlines by ringing the bell on the main market of the London Stock Exchange (LSE). This milestone not only marks a significant achievement for the company but also highlights the growing acceptance of Bitcoin as a legitimate asset class. Lenigas points out that while traditional stock markets may seem hesitant about dynamic sectors like cryptocurrency, the LSE offers a unique platform for growth. Bitcoin: A Separate Entity from Crypto Lenigas addresses the often-controversial term “crypto,” distinguishing Bitcoin from the broader cryptocurrency market. He believes that Bitcoin has matured beyond the negative connotations associated with cryptocurrencies. Recent developments, such as the SEC's approval of Bitcoin ETFs in the U.S., signal a shift in perception. Countries like Australia and Hong Kong are also adopting Bitcoin as a currency reserve, further validating its status as a legitimate asset. Understanding Bitcoin's Growing Mainstream Appeal While Bitcoin's price surge to $100,000 may not have generated as much excitement as similar movements in gold, Lenigas emphasizes that Bitcoin is already mainstream in regions like North America. Over 50 million Americans currently own Bitcoin, demonstrating a significant shift in public perception. However, there remains a knowledge gap in the UK and Europe, presenting a unique opportunity for Vinanz. The Unique Position of Vinanz Vinanz stands out as the only pure Bitcoin miner listed on the London Stock Exchange. Unlike other companies that may dabble in various technologies, Vinanz focuses solely on Bitcoin mining. This commitment to a singular focus enables the company to carve out a niche in an increasingly crowded market. Learning from Industry Peers Lenigas acknowledges the challenges faced by other companies in the Bitcoin mining space, such as Argo Blockchain. He believes that Vinanz can learn from their experiences, particularly in terms of risk management. The company aims to create a model that is less exposed to market fluctuations by maintaining a debt-free status and focusing on owning Bitcoin miners rather than data centers. A Debt-Free Strategy One of the core principles of Vinanz's operational strategy is to remain debt-free. This approach not only mitigates risk but also positions the company to scale operations effectively. With Bitcoin's price volatility, being unencumbered by debt allows Vinanz to navigate market fluctuations with greater agility. Future Expansion Plans Looking ahead, Lenigas envisions an ambitious growth trajectory for Vinanz. The goal is to establish operations across 40 to 50 North American states, with 300 to 500 miners in each location. This expansive vision is underpinned by a commitment to scalability without leverage, ensuring that the company can grow sustainably. Strategic Mining Locations Currently, Vinanz operates Bitcoin miners in various locations, including Labrador, Iowa, Indiana, Texas, and Nebraska. The company is actively seeking to expand its footprint by partnering with independent mining hosts. Lenigas's vision is to achieve a significant presence in North America, leveraging the region's favourable conditions for Bitcoin mining. Investing in Bitcoin: A Long-Term Perspective Lenigas believes that Bitcoin represents a more stable investment compared to traditional fiat currencies, which are subject to inflation. He foresees a future where Bitcoin could reach unprecedented values, making it a strategic asset for Vinanz. The company aims to build a substantial Bitcoin holding while continuing to modernise its mining fleet. Operational Efficiency To ensure operational efficiency, Vinanz is committed to utilising the latest mining technology. The company has invested in high-performance miners that boast impressive operating margins. As they scale up, maintaining efficiency will be crucial to profitability. Market Perception and Investor Education As Vinanz positions itself within the broader market, Lenigas highlights the importance of investor education. Many potential investors in the UK and Europe still lack a comprehensive understanding of Bitcoin and cryptocurrency. Vinanz aims to bridge this gap by providing insights into the significance of Bitcoin as an investment. Building Credibility Being listed on the LSE enhances Vinanz's credibility, making it more attractive to institutional investors. Lenigas believes that the company's listing will open doors to funding opportunities from global institutions, allowing Vinanz to accelerate its growth plans. Conclusion: A Bright Future for Vinanz Vinanz is poised for significant growth as it continues to expand its Bitcoin mining operations and enhance its market presence. With a clear vision, a commitment to debt-free operations, and a focus on investor education, the company is well-positioned to play a pivotal role in the future of Bitcoin. As they navigate the evolving landscape of cryptocurrency, Vinanz not only aims to thrive as a company but also to foster a deeper understanding of Bitcoin's importance in the financial ecosystem. The journey of Vinanz is one to watch closely as the company embarks on this exciting chapter in its history. https://www.share-talk.com/zak-mir-talks-to-david-lenigas-chairman-vinanz-in-the-wake-of-the-bitcoin-miners-recent-main-listing/

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Zak Mir talks to Rick Guiney, CEO of MicroSalt (AIM:SALT)

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Play Episode Listen Later Dec 17, 2024 9:11


Zak Mir talks to Rick Guiney, CEO MicroSalt, after several recent bulk orders this autumn for the provider of full-flavour, natural salt with approximately 50% less sodium. As CEO, my focus is on building bridges with food companies and tastemakers who understand the science behind sodium, taste, and health. This is where MicroSalt can change the game for snack foods and other high-sodium products. We offer a heart-healthy, kosher, clean-label ingredient that adds all the flavor and sensation of eating salt without the sodium. It's better for their customers and easily fits into modern food production processes. MicroSalt® was awarded “Most Innovative Sodium Reduction Technology Company 2024″ by the Global Health & Pharma Awards last month, marking the third time the company has achieved this recognition. This honor celebrates the cutting-edge proprietary technology that enables us to reduce sodium by up to 50%—all without compromising on taste. This achievement is a testament to our commitment to innovation and excellence in delivering healthier solutions. For years, MicroSalt® has been addressing the sodium consumption problem, providing food producers the ability to offer healthier, sodium-reduced products without sacrificing flavor. Advantages of MicroSalt® While most sodium alternatives have a bitter aftertaste, MicroSalt® does not. This is because it's not a substitute—it's real salt that delivers the taste people crave with half the sodium. Using MicroSalt® results in healthier, significantly lower-sodium products that don't compromise on flavor. Plus, since MicroSalt® is still salt, it doesn't require an overhaul of the production process. MicroSalt® is a patented ingredient that delivers natural salt more efficiently to the taste buds. You can use less and still achieve the flavor you want, resulting in full-flavored products with half the sodium of conventional options. Additionally, MicroSalt® is: 100% natural with no added potassium chloride  Non-GMO Certified Gluten-free  Kosher Certified   Reformulate with MicroSalt®️  With the growing trend of consumers seeking healthier sodium alternatives, the market potential for manufacturers using MicroSalt® to reduce sodium is unlimited. Offering a full-flavored, lower-sodium alternative next to typical bland, bitter-tasting low-salt options can give your brand a significant edge over the competition. Plus, the conversion from a manufacturing standpoint couldn't be simpler. It's clear that traditional approaches to sodium reduction haven't been effective, and there's a significant demand for better-tasting, healthier products that remains unmet. The opportunity is ripe for forward-thinking food manufacturers to capture a share of this growing market. If you want to lead the new sodium-reduction revolution by partnering with MicroSalt® to give consumers a healthier dose of the flavors they love, contact us today to discuss what MicroSalt® can do for your brand. About MicroSalt plc MicroSalt® is dedicated to innovating food technology solutions that enable people to live longer, healthier, and happier lives. Its patented low-sodium salt delivers natural salt with approximately 50% less sodium and may be used by both consumers and food manufacturers to decrease the amount of sodium in their food. SaltMe! chips are produced using MicroSalt®, a patented innovative salt technology which is 100% natural, non-GMO, gluten free, and Kosher certified, that does not contain any potassium chloride. To learn more about MicroSalt Inc. and MicroSalt® products, please visit https://microsalt.co, follow on X @microSaltPLC 

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Zak Mir talked to David Minchin, Chairman Helix Exploration

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Play Episode Listen Later Dec 12, 2024 4:22


Today marked a pivotal moment for Helix Exploration as they announced a significant helium discovery at the Rudyard Project. This discovery is not just a milestone; it's a potential game-changer for the company. With strong commercial flow rates and high helium grades, Helix is poised to generate substantial revenue from this well. David Minchin, Chairman of Helix Exploration, expressed the significance of this announcement, stating, “This is a company maker.” The financial prospects are looking bright with the potential to earn around $4 million per well annually. Helix aims to bring this discovery into cash flow by 2025, which would mark a significant transition from an exploration-focused entity to a producer. The Helium Market Landscape The helium market is experiencing a resurgence in interest, particularly due to its applications in various industries such as healthcare, aerospace, and electronics. Helium is a non-renewable resource, making it increasingly valuable as global supplies dwindle. Helix's discoveries come at a crucial time when the demand for helium is on the rise, and the supply is becoming more constrained. Minchin highlighted the strategic location of their Rudyard field, which benefits from existing infrastructure, including three-phase power and proximity to major transportation routes. This positioning allows Helix to minimize production costs and enhance profitability. Production Plans and Strategies Helix Exploration is not just resting on its laurels after the discovery; they have laid out clear plans to fast-track production. The company is exploring various funding strategies that do not rely on dilutive equity financing, which is crucial for maintaining shareholder value. With several wells planned for the Rudyard Project, the potential for revenue generation is substantial. Minchin mentioned that the composition of the gas at Rudyard is primarily nitrogen, with minimal methane and carbon dioxide. This makes it suitable for efficient processing, allowing the company to implement low-cost production methods. The company anticipates being able to generate significant cash flows within the next 12 months. Future Exploration and Development Future Exploration and Development Looking ahead, Helix has more exploration plans in the pipeline. The Ingomar Project is on track for testing, with the potential to uncover additional helium and hydrogen resources. The hydrogen potential, in particular, has garnered interest in recent conferences, positioning Helix to capitalize on the growing hydrogen market as well. Minchin emphasized the board's expertise, highlighting the team's extensive experience in transitioning projects from exploration to production. With a solid strategy in place, Helix is well-equipped to navigate the complexities of the helium market and deliver results for its shareholders. Conclusion Helix Exploration's recent discoveries and strategic plans signal a promising future for the company and its stakeholders. With a strong focus on production and revenue generation, Helix is poised to make a significant impact in the helium industry. As they move forward, the company is not only set to enhance its own prospects but also contribute to the broader helium supply chain at a time when demand is soaring. As the helium market continues to evolve, Helix Exploration stands at the forefront, ready to seize opportunities and deliver value to its investors. The next 12 months will be crucial as the company aims to bring its discoveries into production and generate cash flow.

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Zak Mir talks to Graham Lyon, Executive Chairman, Sound Energy

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Play Episode Listen Later Dec 11, 2024 8:09


Zak Mir talks to Graham Lyon, Executive Chairman, Sound Energy as the transition energy company, announced the completion of the transaction for the partial divestment of the Company's Moroccan assets by way of the disposal by the Company of the entire issued share capital of Sound Energy Morocco East Limited to Managem SA for a total value to Sound Energy of up to US$45.2 million. Commenting, Graham Lyon (Executive Chairman of Sound Energy) said: “We are delighted to have completed the sale of SEME Limited, and we are pleased to welcome Managem as its new owner. I would like to thank all those involved from both companies, our advisors, ONHYM and the Ministry of Energy. This is a transformative transaction for Sound Energy, unlocking significant value and we look forward to the new chapter of Tendrara development and exploration activity in Morocco.” https://www.share-talk.com/sound-energy-plc-aimsou-moroccan-assets-completion-of-the-sale-of-seme/

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HeLIX Exploration PLC Chairman David Minchin talking with Zak Mir

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Play Episode Listen Later Nov 28, 2024 5:59


Zak Mir talks to David Minchin, Chairman Helix Exploration in the wake of the latest news from the helium exploration and development company focused on helium deposits within the ‘Montana Helium Fairway'. Helix has completed test work on the Amsden formation, one of three target zones at the Clink #1 well.  Amsden results at Ingomar & Flathead's incredible potential Plans to stimulate the Flathead & Charles formations Upcoming flow testing at Rudyard targeting commercial helium Listen here Rudyard Update Helix is currently mobilising equipment and crew to Rudyard project to commence testing on Darwin #1.  Testing is due to commence on 2 December 2024 with results to be published once sample assays are received from the laboratory.  Historic drilling has previously identified 0.9-1.3% helium and commercial flow rates from the Red River and Souris intervals.  Additionally, Helix will be testing the Dry Creek and intervals in the Upper Cambrian where wireline logging has identified gas effect, which offers the potential to significantly increase the size of the resource at Rudyard. Conclusion: A Promising Future Ahead Helix Exploration is navigating the complex landscape of helium exploration with a clear focus on sustainable growth and cash flow generation. Despite recent challenges, the company has several promising avenues to explore, particularly in the Flathead and Charles formations. The upcoming results from the Rudyard project could also serve as a catalyst for the company's growth. As the demand for helium continues to rise, Helix Exploration is well-positioned to leverage its assets and expertise in the industry. Investors and stakeholders alike will be watching closely as the company progresses in its exploration efforts and strives to unlock the potential of its helium resources.

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Zak Mir talks to Chris Chadwick, CEO of MetalNRG

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Play Episode Listen Later Nov 27, 2024 6:39


Zak Mir talks to Chris Chadwick, CEO of MetalNRG, the natural resources company, provided an update regarding the progress of its agreement to acquire the entire issued share capital of Compagnie Minière de l'Oumejrane S.A. from Managem S.A. as announced on 17 October 2024. They discuss how the $25m funding gap has been closed via bridging finance, the likely effect of the rising copper price, and operational efficiencies to be made at MNRG's newly acquired producing mine in Morocco. Highlights ·    The Company, working closely with Managem, is making significant positive progress towards the completion of the Acquisition, with a number of conditions precedent cleared. ·    A term sheet has been entered into with a strategic investor to provide, by way of an equity subscription, subject to customary conditions precedent, the remaining US$5 million of the initial US$30 million consideration for the Acquisition (the “Subscription Term Sheet”).  As announced on 17 October 2024, a fund managed by Orion Resource Partners (“Orion”) is providing a US$25 million convertible loan note to MetalNRG to enable completion of the Acquisition. ·    A Competent Person's Report (the “CPR”) has been prepared by Mining Plus Pty Ltd (“Mining Plus”) for the Company on the Oumejrane copper mine owned by CMO (the “Oumejrane Mine”).  An executive summary of the CPR (the “Executive Summary”) is available to view, subject to investor affirmation of customary disclaimers, on the Company's website at: https://www.metalnrg.com/investors/shareholder-documents

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Zak Mir talking to Eddie Wyvill, head of Corporate Development – Amaroq Minerals Ltd.

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Play Episode Listen Later Nov 8, 2024 21:22


Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development corporation with a substantial land package of gold and strategic mineral assets across Southern Greenland, announces that it has successfully completed its 2024 exploration programmes across its portfolio in South Greenland. Zak Mir spoke with Eddie Wyvill, Corporate Development of Amaroq Minerals. The company is on the verge of production. It has been a long seven-year journey, but finally, they see the light at the end of the tunnel. Welcome to an exciting update from Amaroq, where they are on the brink of a significant milestone. Eddie Wyvill, head of corporate development, shares insights into the company's journey and the challenges faced along the way. The Road to Gold Production After seven years of hard work, Amaroq is set to pour its first gold bar in Greenland. This moment represents the culmination of a long journey, and the excitement is palpable among the team. As Eddie puts it, “It's the end of a seven-year journey to get there.” The company is not just talking about future production; they are ready to deliver. Why Now? The decision to move forward with production comes after significant preparation and investment. While many companies in the London market often delay actual production, Amaroq has taken concrete steps. The company has been mining since May and is currently testing equipment on site. A large shed has been erected, and the team is gearing up for the moment they can lift the first gold bar. Understanding the Nalac Mine The Nalac mine has a rich history, having produced 350,000 ounces of gold at an impressive grade of 15 grams per ton in the past. However, it shut down in 2014 due to previous operator issues. Amaroq's team has drilled extensively over the past six years, uncovering a resource of 320,000 ounces at an astonishing 28 grams per ton, which is among the highest resources globally. Production Plans Amaroq is moving forward with a phased approach to production. The first phase involves building a 300-ton per day plant, with expectations of producing approximately 45,000 to 50,000 ounces of gold annually. This high-grade mining operation allows for lower costs, as less rock needs to be moved compared to lower-grade mines. The company aims to achieve low all-in sustaining costs while benefiting from favorable gold prices. Challenges and Considerations Building a mine in South Greenland comes with unique challenges, including logistical hurdles and the need for precise planning. Eddie emphasizes the importance of being prepared for potential issues, given the remote location of the mine. The team has learned to stockpile essential parts and equipment to avoid delays. Key Factors for Success Several factors have contributed to Amarok's progress: High-Grade Ore: The mine's high-grade ore allows for better recovery rates and lower costs. Existing Infrastructure: The Nalac mine has existing underground infrastructure, saving significant costs and time in development. Strong Management Team: Eddie and his team bring extensive experience to the project, crucial for navigating the complexities of mining in remote locations. Regulatory Environment: Operating in Greenland, a Danish sovereign country with a robust mining code, has facilitated a smoother permitting process compared to other regions. Looking Ahead As Amaroq prepares to ramp up production, the team remains focused on maintaining efficiency and managing costs. They are optimistic about the future, knowing that successful production could lead to substantial free cash flow and increased valuations in the gold mining sector. Final Thoughts Eddie acknowledges the pressures of meeting investor expectations and the challenges of operating in a demanding environment. However, he remains confident in the team's ability to deliver results. As they look to the future, Amaroq is not just focused on gold production; they are also exploring new opportunities in the region, with plans for further exploration and development. Stay tuned for updates as Amaroq moves closer to its production goals and continues to explore the rich geological potential of Greenland. About Amaroq Minerals  Amaroq Minerals' principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The Company's principal asset is a 100% interest in the past producing Nalunaq Gold mine which is due to go into production towards the end of 2024. The Company has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals. Amaroq Minerals is continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Public Companies Act. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. https://www.share-talk.com/zak-mir-talking-to-eddie-wyvill-head-of-corporate-development-amaroq-minerals-ltd/

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Zak Mir talking with Nick Tulloch, Chief Executive Officer of Mendell Helium

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Play Episode Listen Later Nov 7, 2024 8:49


Zak Mir interviewed Mendell Helium CEO Nick Tulloch regarding M3Helium's new farm-in agreement with Scout Energy to advance helium resource development in Kansas' Hugoton Gas Field. Mendell Helium announced that M3 Helium Corp. has signed an exclusive farm-in and fixed-price helium agreement with Scout Energy Partners over 161,280 acres of the Hugoton gas field (“Leases”), one of North America's largest natural gas fields. Under M3 Helium's agreement, the company can drill up to 200 wells across 160,000 acres in Kansas' Hugoton Gas Field, with an initial commitment to drill at least 25 wells by March 2026. Overview of the Farm-In Agreement This farm-in with Scout Energy represents a ‘win-win scenario' for both firms. M3 Helium is now able to test and develop helium-rich resources across a seven-township area (about 160,000 acres) on the Hugoton Gas Field and tap into infrastructure whose potential has already been established. Key Terms of the Agreement A cornerstone of the farm-in agreement is that M3 Helium agreed to drill 25 wells by March 2026 with the option to drill up to 200 wells by the end of agreement. Based on this timeframe, the wells would be drilled in a way to maximise helium production. Additionally, M3 Helium will have the exclusive right to have its wells exit into Scout Energy's gathering system, which represents a considerable advantage since the infrastructure is already in place. Exclusivity and Infrastructure Benefits The key to the agreement is exclusivity awarded to M3 Helium to utilise Scout Energy's gathering system. With this system, M3 Helium can sidestep many of the costs involved with helium transport and processing. The gathering system provides a direct pipeline to market for M3 Helium, which means it can avoid many of the ugly delays that come with trying to build new infrastructure. Also, the existing pipeline infrastructure and the nearby proximity of wells to those pipelines help streamline the process. With M3 Helium's drilling efforts connected to Scout's infrastructure, the logistical considerations are minimised, and the potential for extracting helium is maximised. Understanding the Hugoton Gas Field The Hugoton Gas Field is one of the oldest and the largest natural gas fields in the United States and has a long productive history spanning more than 90 years. The location also happens to be a very well known source of helium, which is one of the main reasons why M3 Helium has located their operations there. The reason the Hugoton Gas Field is so abundant in helium is because the geology of the field promotes the presence of helium. Helium is often found with natural gas, which is the main product of the Hugoton Gas Field. Since thousands of wells have already been drilled in the field, they have a production history that will inform the drilling of the new wells: ‘We will know where to go and what to expect.' This production history can help determine the optimal amount of permits – and where to drill them – to maximise production while minimising their costs and the associated risk of exploratory activities. Financial Implications of the Deal The financial implications of the farm-in agreement are sizable. M3 Helium stands to benefit from cheaper operating costs because of the access to Scout's infrastructure. The two-stage arrangement lets M3 Helium drill wells on Scout property at a fraction of the value of a regular lease – word on the street is around $50 per acre. All told, that adds up to about $8 million in total, a fraction of the cost it would be to secure such real estate in the open market. This puts M3 Helium in a solid financial position to invest in technology and innovation to improve its extraction, while the fixed price of helium shields the company from volatility to ensure steady revenue as its production increases. The David and Goliath Dynamic The relationship between M3 Helium and Scout Energy illustrates one of those classic David-and-Goliath energy stories: M3 Helium is the small newbie player, and Scout Energy is the big, established operator. But M3 Helium gets the benefit of Scout Energy's infrastructure and operational expertise and avoids much of the financial risk. Such joint ventures are less common – especially in mature industries such as helium production. The unusual positioning of M3 Helium within this partnership is not only making it more effective operationally. It is also giving it a stronger competitive market position in a traditionally oligopolistic market. This strategic partnership shows the potential that small companies have for growing through strategic collaborations. Conclusion: Looking Ahead for M3 Helium Life looks good. This joint venture between M3 Helium and Scout Energy is great news for the company. The reduction in operating costs, access to current infrastructure and the fixed tolling fee model will put them in a good position as they scale. They have pledged a commitment of a minimum of 25 wells to drill by March 2026. If they go beyond that, even better. Through its commitment to green practices and thoughtful stewardship of its resources, M3 Helium is sure to solidify its brand in the marketplace. Its forward-looking approach to helium production, coupled with its carefully cultivated relationships with partners, will be essential to its long-term viability. https://www.share-talk.com/zak-mir-talking-with-nick-tulloch-chief-executive-officer-of-mendell-helium/

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Zak Mir talks to Craig Foster CEO of Ondo InsurTech plc

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Play Episode Listen Later Oct 29, 2024 6:07


Ondo InsurTech plc (LON: ONDO), a leader in claims prevention technology for home insurers, is pleased to announce an increase in production capacity at its UK contract manufacturing facility to meet rising demand for LeakBot, especially in its key markets, with notable growth in the United States. Ondo InsurTech has increased production capacity at its UK facility in light of significant increasing demand for LeakBot across key markets, particularly in the USA with advanced discussions with large US insurance companies & significant expansions of existing partnerships ongoing.  As previously announced, the Company is in discussions with a number of large US insurance companies regarding new contract opportunities and significant expansions of existing partnerships.  These negotiations are now at an advanced stage and the Company anticipates that further details will be announced shortly. Ondo has agreed to make further capital investment in a second dedicated production line at its manufacturing partner,  Asteelflash in Bedford, England.  This investment will increase the current production capacity at the facility from 10,000 to 40,000 units per month.  The Board believes that this will provide sufficient headroom to accommodate the planned increase in demand from the United States.  Craig Foster, Ondo CEO said “It is great news that the UK facility will now be able to meet a significant increase in demand. Coming announcements about our partner-led U.S. expansion will clearly demonstrate why now is the right time add the second production line at Asteelflash”. About Ondo InsurTech PLC Ondo is a world leading provider of claims prevention technology for home insurers.  Ondo's focus is on the global scale-up of LeakBot – claims prevention technology that prevents water damage claims in houses. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined. LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to ‘find and fix' the problem. Independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by up to 70%. LeakBot partners with 19 insurance carriers – including Nationwide, Admiral, Direct Line Group, Hiscox, Länsförsäkringar and TopDanmark – both in Europe and the USA. Ondo holds the coveted London Stock Exchange Green Economy Mark awarded to companies who derive the majority of their income from Green activities. For more information, visit www.ondoplc.com

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Zak Mir talks to Charles Dickson, Executive Chairman, Roadside Real Estate

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Play Episode Listen Later Oct 28, 2024 4:15


Zak Mir talks to Charles Dickson, Executive Chairman, Roadside Real Estate, its joint venture with Meadow Real Estate Fund VI LP, set up to acquire and develop UK-based roadside real estate assets, has signed an agreement with Lidl Great Britain Limited, to acquire 12 stores for total consideration of £70 million. Commenting on the transaction, Executive Chairman of Roadside, Charles Dickson, said: “This is a significant transaction for both Lidl and the JV, deploying a substantial portion of our joint venture's targeted investment quantum into high-quality assets with a nationally recognised tenant under strong covenants. “The Lidl portfolio is an excellent example of the JVs strategy in action, rapidly providing targeted capital to enable tenant expansion whilst securing asset management fees and creating additional opportunities for income initiatives.” Roadside (ROAD) announced that Roadside Retail Limited, its joint venture with Meadow Real Estate Fund VI LP, set up to acquire and develop UK-based roadside real estate assets, has signed an agreement with Lidl Great Britain Limited, to acquire 12 stores for total consideration of £70 million. ROAD said this is a significant transaction for both Lidl and the JV, deploying a substantial portion of our joint venture's targeted investment quantum into high-quality assets with a nationally recognised tenant under strong covenants. The Lidl portfolio is an excellent example of the JVs strategy in action, rapidly providing targeted capital to enable tenant expansion whilst securing asset management fees and creating additional opportunities for income initiatives. Comment: One of the essentials for small cap companies these days is to be able to rub shoulders with nationally known blue chip counterparties, something which ROAD has done today. Indeed, today's Lidl news underlines and enhances the way shares of ROAD are up 300% YTD and are capable of much more.

Share Talk LTD
Zak Mir talks to Chris Chadwick, Chief Executive Officer of MetalNRG

Share Talk LTD

Play Episode Listen Later Oct 23, 2024 5:37


Zak Mir talks to Chris Chadwick, CEO of MetalNRG, in the wake of last week's announcement that it has signed a binding sale and purchase agreement to acquire the entire issued share capital of Compagnie Minière de Oumejrane from Managem S.A. The Acquisition will include 100% ownership of the Oumejrane copper mine, which is in production, cash generative and profitable in the Eastern Anti-Atlas of Morocco. OMF Fund IV SPV K LLC, a fund managed by Orion Resource Partners, has entered into a US$25,000,000 convertible loan note with MetalNRG, the proceeds of which will be used by MetalNRG to complete the Acquisition. Christopher Chadwick, Chief Executive Officer of MetalNRG, commented: “We are delighted to have reached agreement with Managem to acquire Compagnie Minière d'Oumejrane, with financing support from Orion.  This will be a transformational transaction for the Company, giving us 100% equity ownership of a fully operational, producing and profit generating copper mine.  Beyond the immediate gains, this strategic move opens the door to substantial upside potential and a wider relationship with the Managem Group.  We are working to expedite completion of the Acquisition as soon as possible and look forward to providing further updates in due course.” https://www.share-talk.com/zak-mir-talks-to-chris-chadwick-chief-executive-officer-of-metalnrg/

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Zak Mir talks to Jonathan Owen, CEO of Metals One PLC

Share Talk LTD

Play Episode Listen Later Oct 10, 2024 6:03


Zak Mir talks to Jonathan Owen, CEO of Metals One, which is advancing strategic minerals projects in Finland and Norway after they announced that re-assaying of historical diamond core drillholes from the Black Schist Project Paltamo P1 target in Finland has identified high-grade nickel-copper-cobalt-zinc mineralisation across two intersections within a black schist sequence. Results further demonstrate the strength of the Company's project pipeline and support Metals One's longer‐term ambition of defining a 200 Mt resource at the Black Schist Project, where the current resource stands at 57.1 Mt Ni-Cu-Co-Zn over the R1 and P5 areas. Key points covered: Recent Findings: The company announced high-grade nickel, copper, cobalt, and zinc mineralization results from the Black Schist Project's P1 target in Finland. This reinforces Metals One's goal of increasing the resource from 57 million tons to 200 million tons. Project Goals: While the 200-million-ton target is ambitious, Owen explains that the company quickly doubled its initial resource from 28 million tons to over 57 million tons within 12 months of listing. The company's long-term goal is to reach 200 million tons, but ongoing economic assessments will determine the true economic viability of the project. Future Outlook: The company is waiting for results from its Norway project and a preliminary economic assessment for the Finland projects, which will provide critical information on the economics and break-even points of the operations High-Grade Mineralization Discovery: Metals One recently discovered high-grade nickel, copper, cobalt, and zinc mineralization at the P1 target in Finland. This is part of their broader Black Schist Project. This discovery has reduced the exploration risk for the company significantly and supports their long-term goal of expanding the resource base to 200 million tons. Resource Expansion Plans: Metals One has been able to double its resource size from 28 million tons to 57 million tons shortly after listing, with plans to reach a 200 million ton resource. Jonathan Owen highlights that this larger target provides a positive market perception and sentiment. However, the actual economic viability of reaching such a target will be determined by an ongoing scoping study. Scoping Study and Economic Assessment: The company is conducting a preliminary economic assessment of the Finland project, carried out by Ward L Armstrong International mining consultancy. This assessment, expected to conclude in December, will clarify the project's economic feasibility, providing metrics like break-even points, capital expenditure (capex), and net present value (NPV). This study will help determine the true value of the 57-million-ton resource and whether it is a viable asset on its own, with the 200-million-ton target acting as an added bonus. Upcoming Assays and Norway Project: Owen also mentions that they are awaiting assay results from their Norway project, where a joint venture with Kings Rose Mining is ongoing. This project has seen significant progress over the summer, and the results are expected soon. Positive Momentum: Overall, the company has experienced a strong year with positive news flow. The termination of the Guns Farm-in Agreement has boosted confidence among the company's directors, and the doubling of resources over the summer adds to the momentum. In summary, Metals One is strategically positioned with strong ongoing projects in Finland and Norway, aiming to grow its resources and solidify the economic value of its mining operations through upcoming studies and assessments. https://www.share-talk.com/zak-mir-talks-to-jonathan-owen-ceo-of-metals-one-plc-2/ 

Share Talk LTD
Zak Mir talks to Mark Routh, CEO of Prospex Energy

Share Talk LTD

Play Episode Listen Later Oct 4, 2024 7:17


Zak Mir talks to Mark Routh, CEO of Prospex Energy, as the AIM-quoted investment company focused on European gas and power projects announced that it has qualified to apply for onshore open acreage hydrocarbon exploration licences in Poland. Key points covered: Expansion into Poland: Prospex Energy has spent about a year preparing to apply for licenses in Poland, demonstrating both financial and technical capability. European Growth Strategy: The company is not seeking "domination," but rather expansion, aiming to grow into a significant European gas-producing company. Current Projects: Prospex Energy is already operating in Spain and Italy, and Poland is viewed as a long-term growth project, with drilling expected in 2–3 years. Self-Funding Plan: As their projects in Spain and Italy develop and increase production, they hope to be self-funded for future expansions into Poland. Market Perspective: While there may be concerns about taking on too much, Routh is confident in the company's strategy and the ability to attract potential partners. Mark Routh, Prospex's CEO, commented: “After several months of preparation, I am very pleased to announce that Prospex is applying for licences to search for and develop onshore natural gas in a third European nation.  Poland is well known for its hydrocarbon resources and has a regulatory regime which is supportive of natural gas investment with a track record in quickly approving permits for hydrocarbon exploitation activities as the nation focusses on its security of energy supply. “There are several reasons for choosing to expand into Poland, aside from the favourable regulatory environment and prospective hydrocarbons, one of them being our experience in country.  The Prospex senior team has valuable prior exploration experience in Poland and is very familiar with the regional geology and importantly, the regulatory environment.  During the operational phase in 2016 Prospex met all local regulatory commitments, which puts the Company in a good position to leverage the experience and relationships gained at that time. “The Prospex technical team has identified attractive onshore areas for the application and we hope to be able to announce a positive outcome from the applications in Q1 2025. “The Company's strategy is to add additional geographic reach to the existing portfolio of producing assets in a cost-effective manner.  The Company's entry into Poland has been financed entirely from production income. “I look forward to updating shareholders on progress with these applications in the coming months.”

Share Talk LTD
Jason Brewer – London SE1 studio Interview – Highlighting MARU, NEO & UMR + More

Share Talk LTD

Play Episode Listen Later Oct 3, 2024 15:36


Jason Brewer flowed into London from Nairobi, Kenya, this week for meetings with broker houses, investors, and company representatives, not forgetting his flight today across to Dublin to attend the Unicorn Mineral Resources annual general meeting. Share Talk asked Jason to call into the London SE1 studio, where Zak Mir was hosting proceedings. Here is the full interview. We have not edited or removed any of the questions/answers. Holders and investors of Marula Mining should be aware that the company's directors are no longer in a closed period. Jason Brewer, a director involved with multiple junior mining companies discusses various aspects of the mining industry and companies he's associated with, particularly focusing on Marula Mining, Neo Energy Metals, and Unicorn Mineral Resources. Key highlights from the initial part of the video: Jason mentions he cannot pick a favorite company to avoid upsetting shareholders. He talks about the growth and progress of all his companies, specifically Marula and Neo. Neo recently gained attention due to a significant acquisition of uranium and gold resources in South Africa, which excited the market. Neo is working through additional transactions and has strong backing from uranium funds in Europe and North America, which helps alleviate concerns about funding in the current market climate. The interview continues with Jason Brewer discussing the unique position of his companies, particularly focusing on funding and strategic development: Secured Funding: Jason highlights that his companies have eliminated the uncertainty of funding by securing investments early on. This allows them to focus on project delivery without the need for frequent fundraising, which is a common challenge for junior mining companies. He mentions how some other companies rely on heavily discounted placements, which they avoid through strategic planning. Market Perception: Despite securing funding, there remains skepticism in the market, with investors frequently asking about the next fundraising round. Jason emphasizes that securing a strategic partner allows them to focus on project development in a more streamlined manner without interruptions. Unicorn Mineral Resources: Unicorn is a standard-listed company that has been on the market for just over a year. Jason's involvement has brought a focus on African projects, which are aligned with Unicorn's base metals strategy. He mentions a general meeting and ongoing due diligence on a series of projects in Africa, expressing excitement for the company's future. Marula Mining: Jason talks about Marula, a company focused on battery metals in East and Southern Africa. He mentions several operations, including manganese in East Africa, copper in Tanzania, and lithium. The company is pushing forward with projects like the Kify plant for manganese, a copper mining site in Tanzania, and plans for a large Heap Leach operation by 2025. https://www.share-talk.com/jason-brewer-london-se1-studio-interview-highlighting-maru-neo-umr-more/

Share Talk LTD
Zak Mir talks to Rupert Verco, CEO of Cobra Resources - achieved exceptionally high recoveries of rare earth elements

Share Talk LTD

Play Episode Listen Later Aug 29, 2024 9:06


Zak Mir talks to Rupert Verco, CEO of Cobra Resources, as the mineral exploration and development company advancing a potentially world-class ionic Rare Earth Elements discovery at its Boland Project in South Australia announced the results from ongoing metallurgical studies. This included exceptionally high recoveries of up to 82% of high-value rare earths. Key Points: High Recovery Rates: Cobra Resources has achieved exceptionally high recoveries of rare earth elements, particularly magnet and heavy rare earths, with up to 82% recovery from samples containing 0.5% total rare earth oxides. These results are promising due to the low levels of impurities, leading to reduced processing costs. Market Understanding and Challenges: Despite strong results, the market may not fully understand the significance of the REEs or may be impacted by broader market conditions. The company has faced challenges in raising capital, but maintains strong support from major shareholders, minimizing dilution. Scalability and Environmental Impact: The project utilizes a unique geological setting favorable for "in-situ recovery" (ISR), a process involving injecting and extracting a solution to mobilize rare earths without moving ore, resulting in low environmental impact and cost. This method is well-established in uranium mining and considered scalable for REEs. Market and Strategic Positioning: Demand for heavy rare earths remains high, with current reliance on supply from China and some emerging sources like Brazil. Cobra aims to produce rare earths responsibly and cost-competitively, contributing to the West's efforts to reduce dependence on China for critical minerals necessary for energy efficiency and decarbonization. Future Plans and Commercial Options: Cobra is exploring options including joint ventures or sales while focusing on proving up their resource to ensure it is marketable and economically viable. The discussion highlights Cobra Resources' strategic approach to rare earth production, leveraging unique geological advantages, scalable processes, and positioning in a market with growing demand for critical minerals. https://www.share-talk.com/zak-mir-talks-to-rupert-verco-ceo-of-cobra-resources-achieved-exceptionally-high-recoveries-of-rare-earth-elements/

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Zak Mir talks to Jonathan Owen, CEO of Metals One PLC

Share Talk LTD

Play Episode Listen Later Aug 1, 2024 7:16


Zak Mir talks to Jonathan Owen, CEO of Metals One, after the recent announcement that the company which is advancing strategic minerals projects in Finland and Norway, said that the Company's Råna Project partner and operator, Kingsrose Mining Limited, has entered into a service agreement with Arctic Drilling AS, for the commencement of helicopter supported core drilling at the Rånbogen prospect on the Råna Project in August 2024. The program aims to prove two high-priority targets by September, with results expected in October. The Rana Project, a former successful mining site, holds promising geological potential near the base of the intrusion. Successful drilling could lead to extensive resource definition and potential development, moving from exploration to a more de-risked development phase. Kingsrose Mining has invested over $3 million and is approaching a majority shareholding in the joint venture, demonstrating a strong commitment to the project's prospects. Metals One benefits from a free carry on the project, relying on Kings Rose's expertise and operational leadership. Highlights ·    Drilling is anticipated to complete in early September 2024, with assay results expected in October to November 2024 ·    Drilling is focused on two targets identified last year through geophysics ·      Compelling targets comprise shallow, highly conductive electromagnetic (“EM”) anomalies immediately down dip from mineralised nickel-copper-cobalt massive sulphide at surface (*see Figure 2) ·    Completion of a minimum 700m drilling will satisfy the drilling milestones under Metals One (via Scandinavian Resource Holdings Pty Ltd's) Transaction Implementation Agreement with Kingsrose and Global Energy Metals (*see Kingsrose's ASX announcement dated 18 January 2023) ·    Arctic Drilling is a Norwegian owned and domiciled company based out of Finnmark County, Norway, bringing extensive experience of operating in arctic regions with local knowledge Jonathan Owen, Chief Executive Officer of Metals One, commented: “It's great news that Kingsrose is ready to begin drilling again at the Råna Project. This strategic work programme is aimed at testing two compelling anomalies characterised by highly conductive EM responses down dip of nickel-copper-cobalt mineralised massive sulphide in outcrop, which were identified during last year's core drilling and are located within a previously undrilled area. We look forward to updating shareholders on the progress at the Råna Project as Kingsrose continues to build on the high-grade results from last year's drilling to verify the largely underexplored Råna intrusion's scale potential.”

Share Talk LTD
Zak Mir talks to Mark Routh, CEO Prospex Energy

Share Talk LTD

Play Episode Listen Later Jul 26, 2024 9:46


Prospex Energy (AIM: PXEN), an investor in European gas and power projects, announced that Spanish regulatory authorities have granted a 10-year extension to the El Romeral 1, 2, and 3 natural gas production concessions, owned by Tarba Energia. Prospex holds a 49% interest in El Romeral through its investment in Tarba. The royal decree, signed on July 24, 2024, permits the Spanish Ministry for Ecological Transition and the Demographic Challenge (MITECO) to extend the El Romeral natural gas concessions for 10 years, the maximum allowable term. This extension ensures the supply of electricity to the Spanish grid from the El Romeral gas facility and power plant until at least July 2034, with a potential further extension to 2044. El Romeral is currently operating at 30% capacity (2.7 MW) as Tarba awaits permits to drill five additional infill wells on the concessions to boost production. Moreover, an adjacent solar project named "Helios" is expected to add 5 MW, utilizing shared infrastructure with the gas facility. Commenting on the development, Prospex's CEO Mark Routh said, "The official extension of the El Romeral production concessions for the maximum allowable term of ten years is a very welcome step by the Spanish regulatory authorities. It is also an important official acknowledgment by the Spanish state of the crucial role natural gas will continue to play in the nation's energy security and the ecological transition process."

Share Talk LTD
Zak Mir talks to Zac Philips, Adviser, Oak Securities, regarding Helix Exploration

Share Talk LTD

Play Episode Listen Later Jul 22, 2024 8:20


The helium exploration and development company focused on helium deposits within the ‘Montana Helium Fairway', after the company announced the commencement of construction work on an access road and drill pad, at the Ingomar Dome project area in Montana. The latest Oak Securities note on Helix Exploration: Oak Securities – Helix Exploration (HEX) – Rudyard Acquisition (FINAL) Highlights ·    Construction commenced of 0.75-mile access road and drill pad at Ingomar ·    Two well Q3 2024 drilling program: Clink #1 well at Ingomar and Darwin #1 well at Rudyard ·    Drilling of Clink #1 well to commence following completion of civils ·  Combined budget cost of the two well programmes are estimated at approximately $4.1m which demonstrates the potential for the Company to operate cost-effective exploration and development within the state of Montana Timeline Construction on the access road and drill pad has commenced at the Clink #1 location within the Ingomar Dome Project.  The access road has been surveyed at 0.75 miles, allowing Civils work to be completed relatively quickly over a short development distance.  Following completion of Civils the Company targets to commence drilling operations in early-August: ·    Mobilisation and rig-up is anticipated to take approx. 1 week ·    Drilling is anticipated to take approx. 3-4 weeks ·    Wireline and well completion is anticipated to take approx. 1 week ·    Flow testing and appraisal is anticipated to take approx. 4 weeks The Company will keep investors updated as drilling progresses via RNS, potentially including updates on commencement of drilling, significant helium gas shows in drilling mud, wireline results, initial flow test results and full flow test results. Budget Quoted costs for drilling at Ingomar and Rudyard have come in below budget: The quoted cost for drilling and appraising the Clink #1 well at Ingomar is approximately $2,130,000 including extended well test but excluding contingencies.  Significant savings were achieved using local suppliers from within the state of Montana, reducing mobilisation costs and standing-time charges. The estimated cost for drilling and appraising the Darwin #1 well at Rudyard is approximately $1,980,000 including extended well test but excluding contingencies.  The cost of drilling at Rudyard is lower than Ingomar due to the shallower target depth at ~5,500ft at Rudyard compared to ~8,000ft at Ingomar. The Company benefits from relatively low drilling costs in Montana compared with other jurisdictions as well as from savings made by the Company in vendor selection. Expected savings to be achieved will help maintain adequate funding for planned development activities after completing the two-well Q3 2024 drilling campaign. These activities may include project pipeline growth, detailed plant engineering and construction financing. Helix Exploration is a helium exploration company focused on the exploration and development of helium deposits within the 'Montana Helium Fairway'. Founded by industry experts with extensive experience of helium systems in the US, the Company's assets comprise of 52 leases over the Ingomar Dome; a large closure of 16,512 acres with P50 unrisked prospective helium resource of 2.3Bcf and upside of 6.7 billion cubic feet. Historic drilling and/or testing has identified gas in all target reservoir horizons. Helix Exploration will focus on a drilling campaign and early production at the Montana Ingomar Dome Project.  An aggressive development timeline will see a drilling campaign targeted for Q3 2024 and first helium production targeted for Q4 2025.  Helix is committed to open and transparent communication with investors and the wider market as the project progresses through development. The Company's Admission Document, and other information required pursuant to AIM Rule 26, is available on the Company's website at https://www.helixexploration.com/.

Share Talk LTD
Zak Mir spoke to Metals One PLC (AIM:MET1) CEO Jonathan Owen

Share Talk LTD

Play Episode Listen Later Jul 17, 2024 6:23


Zak Mir spoke to Metals One PLC CEO Jonathan Owen as the company which is advancing strategic minerals projects in Finland and Norway, announces a maiden JORC Inferred Mineral Resource for the P5 area of the Finland - Black Schist Project of 29 Mt1. This brings the total Black Schist Project resource to 57.1 Mt, more than double the previous estimate. Metals One doubles its Black Schist project's resource estimate in Finland to 57.1 million tons, increasing its value to around $3 billion. The company is fast-tracking a Preliminary Economic Assessment, aiming to complete it by the year's end, crucial for development metrics and EU project status. Metals One plans a phased expansion with multiple satellite pits, ensuring low-cost, high-volume mining inspired by successful nearby operations. The interview with Jonathan Owen, CEO of Metals One, conducted by Zak Mir. The discussion focuses on the company's recent progress and strategic plans. Key Points: MRE Upgrade and Doubling Resource: Metals One has announced a significant upgrade, doubling their mineral resource estimate (MRE) for the P5 area of the Finland Black Schist Project to 57.1 Mt. Funding and Strategic Decisions: The company cancelled a farm-in with Gend and directors participated in a subsequent fundraiser. This strategic decision was to ensure immediate cash availability for planned work programs rather than waiting for delayed cash flows. Project Development and Goals: Metals One aims to develop a primary economic assessment this year, supported by the new funding. They have a 93.75% stake in the Black Projects and can reclaim the remaining 6.25% from Gend at a predetermined price. Long-term Target: The company has set a longer-term target of 100 million tons and aims to classify their asset as world-class, aiming for a valuation of around 10 billion in situ value. Critical Mass and Strategic Status: The milestone of reaching 57 million tons allows them to start scoping studies and preliminary economic assessments, which are crucial for project metrics like NPV and IRR. This progress will help them seek EU project financing and grants under the Critical Raw Materials Act. Future Plans and Market Position: Despite a current market cap of 2.9 million, which doesn't reflect recent upgrades and potential EU support, Metals One is actively working on raising its profile. They plan to continue drilling to increase resources and move towards production, either independently or through partnerships. Environmental and Regulatory Preparations: The company is also initiating environmental baseline assessments and other critical path items to reduce project risks, aiming to enhance project attractiveness and feasibility. Conclusion: Metals One is advancing significantly in its mineral resource projects in Finland and Norway, with strategic funding and development plans aimed at achieving world-class asset status and securing critical EU support. The company is positioning itself for significant growth and market recognition in the near future. https://www.share-talk.com/zak-mir-spoke-to-metals-one-plc-aimmet1-ceo-jonathan-owen/

Share Talk LTD
Poolbeg Pharma PLC - Chief Executive Officer Jeremy Skillington PhD Talking To Zak Mir

Share Talk LTD

Play Episode Listen Later Jul 9, 2024 10:20


Poolbeg Pharma Chief Executive Officer, Jeremy Skillington PhD present an overview of their current programmes and opportunities, focussing on POLB 001, data, exclusive option agreement and their AI-powered research using human viral challenge data Headquartered in London and publicly traded on the London Stock Exchange & the OTC Markets in the US AIM: POLB | OTCQB: POLBF Poolbeg Pharma plc is committed to the development and commercialisation of innovative medicines that address critical unmet medical needs. They are focused on strategically commercialising approved and marketed drugs to fund the development of a robust pipeline of innovative products, driving significant value creation. Jeremy Skillington began his biotechnology career in the Business Development group of Genentech, Inc in California in 2002. At Genentech, he was responsible for executing over 40 licencing, investment and collaboration transactions.  Returning to Ireland in 2009, Jeremy led Business Development and was a member of the Senior Management team at Opsona Therapeutics Ltd before becoming a founder and CEO of immuno-oncology company TriMod Therapeutics Ltd. In 2014 Jeremy joined German investment fund HS Lifesciences GmbH to provide start-up and business development support to portfolio companies ImmunoQure AG and Ethris GmbH. Jeremy joined Inflazome on its founding in 2016 and was instrumental in their acquisition by Roche in September 2020 for €380M (£325M) upfront and significant downstream milestones.  Jeremy studied Biochemistry at the National University of Ireland, Galway where he was awarded his Ph.D.  He performed his post-doctoral research at the University of California, San Francisco in the lab of Prof Rik Derynck. https://www.share-talk.com/poolbeg-pharma-plc-chief-executive-officer-jeremy-skillington-phd-talking-to-zak-mir/

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Zak Mir talks to Ryan Mee, CEO of Fulcrum Metals Plc - Sale of Saskatchewan Uranium Projects

Share Talk LTD

Play Episode Listen Later Jul 4, 2024 4:06


After the announcement that the company has entered into a definitive option agreement with Terra Balcanica Resources Corp. (CNSX: TERA) for the sale of its uranium projects located in Saskatchewan, Canada. Highlights ·  Proximal to northern and southeastern edges of the Athabasca Basin (“Basin”) in northern Saskatchewan, a premium mining district and leading global source of high-grade uranium; ·   Charlot-Neely is located within the emerging Uranium City district on the northwestern margin of the Basin; ·   Historical work at the projects has demonstrated evidence of uranium mineralization along favourable structural trends with prospective target horizons based on electromagnetic conductors; and ·   Future exploration by Terra will see the undertaking of a modern systematic geologic fieldwork and geophysical surveys to determine the resource potential. Ryan Mee, Chief Executive Officer of Fulcrum, commented: “We are thrilled to announce the signing of a definitive option agreement for the sale of our uranium assets in Canada. This strategic move not only provides us with the capital to advance our innovative and environmentally friendly tailings processing assets, Teck-Hughes and Sylvanite, and focus on our gold exploration projects but also validates our business model of identifying low entry-level assets and crystallizing value for our shareholders. This milestone is a testament to our commitment to both shareholder value and sustainable development.” For further information please visit https://fulcrummetals.com/  https://www.share-talk.com/fulcrum-metals-plc-lonfmet-sale-of-saskatchewan-uranium-projects/ 

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Zak Mir talks to Bernard Aylward, CEO of Kodal Minerals

Share Talk LTD

Play Episode Listen Later Jun 26, 2024 6:03


Zak Mir talks to Bernard Aylward, CEO of Kodal Minerals, the mineral exploration and development company, who provided an update on the initial drilling assay results returned at the Boumou prospect located within the Bougouni Lithium Project in Mali. In this interview, Aylward provides an update on the progress of the Bougouni Lithium Project in Mali. Bernard Aylward, CEO of Kodal Minerals, remarked: “The Boumou prospect at our flagship Bougouni Lithium Project continues to exceed our expectations and these new wide, high-grade intersections provide further support for the interpretation of the continuity of the pegmatite mineralisation, as defined in the March 2023 drilling campaign.  The extension and definition of the Boumou prospect continues to be the highest priority for the exploration drilling, and the potential to define further coarse grained mineralisation suitable to dense media separation (“DMS”) treatment may provide the opportunity to further extend the current 4-year life of the Stage 1 Ngoualana DMS treatment plant currently in construction “The diamond drill core programme is continuing at Boumou and our exploration  team is reviewing a metallurgical testwork programme to plan for the optimisation of the Stage 2 floatation design and optimise the mining schedule with Boumou and Sogola-Baoule Prospects.” Key points from the interview: Project Funding and Development: Kodal Minerals has received substantial funding, including $100 million from a partner, Hainan Mining, to cover the estimated $65 million needed for the Dense Media Separation (DMS) plant and further project development. Drilling and Resource Expansion: The company is continuing to drill and expand the resource base. Recent drilling results at the Boumou prospect have shown some of the thickest and highest-grade intersections. Project Strategy: The strategy involves quickly moving into the development phase, with the construction of the DMS plant and plans for a stage two flotation plant in the next couple of years. Current Progress: Construction of the DMS plant is underway, with equipment being transported to the site. The project is on schedule to start production by the end of 2024. Team and Outlook: The team is growing, and the company is optimistic about the future, expecting to ship concentrate from the DMS plant before December 2024. Aylward expresses confidence in the project's progress and emphasizes the importance of a long-term approach in the mining industry. The interview concludes with a positive outlook on the project's development and future stages. https://www.share-talk.com/zak-mir-talks-to-bernard-aylward-ceo-of-kodal-minerals/

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Bluebird Merchant Ventures (LON:BMV) Executive Director Aidan Bishop spoke to Zak Mir

Share Talk LTD

Play Episode Listen Later May 24, 2024 6:20


Share Talk took the opportunity to talk to Aidan Bishop today, the share price in the past month has reached 125% with news from the farm-out  deal for the Gubong gold project in South Korea and the Declaration Of Mining Project Feasibility Work Commencing At The Batangas Gold Project In The Philippines Bluebird has completed a $5 million farm-out deal for the Gubong gold project in South Korea. This agreement incorporates a free carry arrangement, allowing the company to delay additional investments until specific milestones are achieved. The Gubong project, which holds an estimated 1.3 million ounces of gold, is pivotal to the company's strategy to evolve into a junior gold producer. Bluebird intends to replicate this joint venture model across other projects, utilizing local partnerships and the technical know-how of the Bluebird team to reduce development risks and enhance production efficiency. "Momentum is crucial..." Aiming for an annual production of 82,000 ounces (with a 40% stake held by BMV), aligned with market capitalization, today looks set to be another strong trading day in connection with the Gubong farm. There's a noticeable shift in both sentiment and management. "With the joint ventures at Gubong and Lobo moving forward, along with multiple ongoing projects, we expect to be very active in releasing news and will regularly update our stakeholders on developments, benefiting everyone involved." We now anticipate the integration of Kochang, as previously indicated, to complete our transition to a capital-efficient model with no upfront costs. https://www.share-talk.com/bluebird-merchant-ventures-lonbmv-executive-director-aidan-bishop-spoke-to-zak-mir/

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Zak Mir talks to Jason Brewer about the London Junior Mining space

Share Talk LTD

Play Episode Listen Later May 9, 2024 13:07


Zak Mir interviewing Jason Brewer. Brewer, a director of multiple London-listed mining companies, discusses the operations and strategic focuses of his companies, such as Marula, Neo, Shuk, and Unicorn. He highlights the emphasis on accelerating and expanding production projects, particularly in Africa, where these companies operate. Brewer details how his role involves actively participating in strategic planning and execution rather than merely holding a nominal position. The discussion also touches on the current state of commodity prices and their impact on mining operations, pointing out the challenges and opportunities within the junior mining sector in the UK and globally. https://www.share-talk.com/zak-mir-talks-to-jason-brewer-about-the-london-junior-mining-space/

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Zak Mir talks to Bernard Olivier, CEO URA Holdings (LON:URAH) Production Begins at Gravelotte Emerald Mine

Share Talk LTD

Play Episode Listen Later Apr 30, 2024 5:13


In the interview on Zak Mir's channel, Bernard Olivier, CEO of URA Holdings, discusses the recent developments at the Gravelotte Emerald Mine. Olivier reports that the mine has commenced production on schedule and within budget. He highlights that the mine, historically a significant source of emeralds in the 1970s, is ramping up production with a focus on building up stockpiles for future auctions. He praises his team for their efficiency in bringing the mine back into production quickly and below cost. The discussion also touches on the company's plans for the second half of the year, including generating revenue from the first auction of emeralds. Olivier emphasizes the importance of having a large enough quantity of run-off mine material to attract buyers. Here are the key points from the interview with Bernard Olivier, CEO of URA Holdings: Start of Production: URA Holdings has started production at the Gravelotte Emerald Mine on schedule and within budget. Phased Production: The company is currently ramping up and optimizing systems as they begin extracting emeralds. Historical Significance: The Gravelotte Emerald Mine was once the world's largest source of emeralds in the mid-1970s and is being revitalized. Operational Excellence: The team on the ground has been praised for their efficiency in restarting production quickly and under budget. Future Plans: URA Holdings is building stockpiles for the first auction of emeralds, expected in the second half of the year. Revenue Generation: The first sales auction will generate revenue, although the complete financial impact will take time as the quantity of mine material increases to attract buyers.

ceo mine olivier emerald holdings production begins zak mir
Share Talk LTD
Oracle Power (AIM:ORCP) Shareholder Q&A Q1 2024 - Zaks Traders Cafe

Share Talk LTD

Play Episode Listen Later Apr 24, 2024 12:15


Zak Mir talks to Naheed Memon, CEO of Oracle Power, as she answers the latest questions from shareholders of the project development company. Here's a summary of the discussion: Financial Status and Fundraising: The company is actively developing multiple projects with different timelines and needs. Although funding is controlled and economically managed, future fundraising is likely as developmental needs arise. Projects in Pakistan: Oracle Power is deeply involved in discussions with local investors, the Pakistani government, and Chinese state-owned enterprises (like Power China) about developments in Pakistan. Despite the lack of frequent updates from Oracle, the company remains actively engaged in significant partnerships and dialogues in the region. Realizing Shareholder Value: The potential value from projects is expected to translate into significant market value. Oracle Power aims to divest interests at advantageous stages of project development, specifically noting a potential 20% stake in the green hydrogen project in the northern zone. The realization of shareholder value is contingent on increasing the probability of success across their projects, which they are diligently working to enhance. Share Price Volatility and Valuation: The CEO acknowledges the stock's recent volatility, with significant swings in its price, and the perception of a 10 pence valuation mentioned in the past. She explains that the share price movements are partially influenced by market sentiment and expectations formed based on news about the company's developments. She emphasizes the necessity of the company's involvement in multiple projects, each with different timelines, affecting market perceptions and resulting in fluctuating prices. Improving Market Confidence: To enhance confidence among market participants, Oracle Power aims to improve its communication strategies. However, regulatory and compliance constraints require careful and verified communication to avoid misrepresentations. The CEO stresses the importance of a solid strategy and transparent updates about ongoing development work to foster market trust. Cash Generation and Strategic Projects: Regarding cash generation, the CEO clarifies that Oracle Power isn't in an operational phase that generates regular revenue but is focused on realizing value through strategic investments and exits. Specifically, the Northern Zone project, a smaller initiative, is highlighted as potentially being the first to generate returns. This project is nearing a joint venture agreement that could make Oracle a 20% shareholder in a gold resource, expecting tangible outcomes within the year. In the concluding portion of the Oracle Power Q&A, the CEO, Naheed Memon, discusses two significant projects and their potential to deliver value to shareholders: Green Hydrogen Project: The Green Hydrogen project has progressed rapidly and updates have been shared with the market. Despite owning only 30% of this very large project, the impact and potential returns from even a small stake are substantial. The CEO expresses optimism about the project's progress and its near-term potential to return value. Project Completion and Future Expectations: In closing, the CEO emphasizes the swift advancement of the Green Hydrogen project and the Northern Zone gold resource project. She highlights the potential for these projects to generate significant returns soon, enhancing shareholder value. Overall, the discussion reflects Oracle Power's strategic focus on developing large-scale projects with substantial future returns and their commitment to improving communication and market confidence. The CEO's perspective is optimistic regarding the upcoming returns from their investments, particularly from the Northern Zone and Green Hydrogen projects.

Share Talk LTD
Zak Mir interview with Jason Brewer, CEO of Marula Mining

Share Talk LTD

Play Episode Listen Later Apr 12, 2024 8:30


Zak Mir talks to Jason Brewer, CEO of Marula Mining, regarding the latest developments at the African-focused mining and development company, running through the portfolio and its prospects. Here's a summary of the key points: Company Overview: Marula Mining is focused on battery metals, with several projects across different minerals. Jason Brewer provides an update on the current state and future plans of the company. Lithium Mining: The company operates a lithium mine in South Africa and has secured a long-term off-take agreement with a UK-based global trading group, Fuex. This agreement covers the sale of lithium ore and value-added lithium products. Byproduct Sales: Brewer mentions finalizing off-take agreements for byproducts like coltan, tantalum, and feldspar, which he says will more than offset the operating costs of their lithium business. Manganese Mine Acquisition: The recent acquisition of a manganese mine in Kenya is discussed. Upgrades to the plant and equipment are planned, with production and sales expected to start soon, impacting the bottom line positively. Graphite Mining in Tanzania: Marula is advancing a graphite mining project in Tanzania, characterized by high-grade, large flake deposits. The company aims to develop this into a high-value, high-margin graphite mine. Market Performance and Investor Sentiment: Despite significant milestones and developments, Marula's stock is described as being in a holding pattern. Brewer expresses frustration with the current share price levels and discusses the market's hesitancy to value the company more highly due to multiple active projects and the complexity of their portfolio. Management and Strategy: The CEO emphasizes the competence of the management team and their strategic focus on developing mines and generating cash flow. He also notes the backing from significant investors who see the potential in Marula Mining as part of larger energy transition initiatives. The interview highlights Marula Mining's strategic advancements and challenges in a bearish market, focusing on diversification and development of battery metals essential for modern technologies.

Share Talk LTD
Ryan Mee, CEO of Fulcrum Metals (AIM:FMET) latest interview with Zaks Traders Cafe

Share Talk LTD

Play Episode Listen Later Apr 4, 2024 5:39


Zak Mir talks to Ryan Mee, CEO of Fulcrum Metals, as the company focused on mineral exploration and development in Canada, announces that it has entered into a non-binding Letter of Intent with Terra Balcanica Resources Corp. (CNSX: TERA). Pursuant to the LOI, Terra, through an Option Agreement, will be granted the option to acquire a 100% interest in Fulcrum's uranium projects located in Saskatchewan, Canada. Here's a summary of the interview with Ryan Mee, CEO of Fulcrum Metals: Interviewee: Ryan Mee, CEO of Fulcrum Metals. Focus: Discussing the company's strategy and developments in mineral exploration and development in Canada. Uranium Portfolio: Fulcrum Metals had a strategy focused on uranium, involving research, acquisition, and staking of areas. They achieved good uranium grades from their first pass exploration. Asset Disposal: Announcing the intention to dispose of their uranium assets, which is seen as a typical move for an exploration company that has proven its strategy and execution capabilities. Creating Returns for Investors: Emphasizing the objective of creating a return for investors and providing upside opportunity. Rapid Progress: Since listing in February 2023, Fulcrum Metals has quickly put together a portfolio and reached an agreement, showcasing the team's focus. Gold Acquisitions in Ontario: Acquired assets in the gold space in Ontario, Canada - one of the premium gold-producing jurisdictions worldwide. Exploration Success: Achieved good gold grade results at Big Bear, identified drill targets at Bredtul for resource expansion, and acquired the Tech-H's gold tailings project in Timmins. Strategy: Focusing on acquiring assets, proving them up, and selling non-core assets. Aim to bring low discovery risk assets with near-term cash generative opportunities. Market Sentiment: Acknowledging the need for the market to recognize the company's performance, especially given the high gold prices and uranium's market performance. This summary captures the key points from Ryan Mee's discussion about Fulcrum Metals' strategies, achievements, and future outlook in the mineral exploration and development sector.

Share Talk LTD
Valereum Plc (AQSE:VLRM) CEO Nick Cowan Speaking With Zak Mir

Share Talk LTD

Play Episode Listen Later Feb 27, 2024 14:01


A fintech company, seeking to unlock capital & create value in tokenised digital markets as a leading provider of technology solutions & as an exchange & marketplace operator. On completion of the acquisition, which includes the GATENet DFMI intellectual property (digital financial markets infrastructure), will strategically position Valereum as a leader in tokenisation, which is set to grow considerably over the next few years as regulatory frameworks evolve favourably, fostering increased trust and adoption in mainstream financial markets. Valereum will also adopt GATE Token (the utility token of GATENet) as the sole token within the Valereum ecosystem and it will release further details regarding the token utility and how it will seek to responsibly grow the GATE Token ecosystem in the near future. Following the acquisition, the intellectual property will be utilised by Valereum and the GSX brand will be discontinued as part of an orderly dissolution of the GSX Group. The list of questions used in the interview is as follows 1. Nick, you're the recently appointed CEO of Valereum, could you tell us more about your background? 2. Can you explain Valereum's acquisition of the GSX group and what it means for Valereum Plc? 3. Could you give a high level overview of the business structure and set up post acquisition of GSX Group? 4. What are Valereum's current goals for 2024 and what challenges do you face? 5. You have recently conducted the first virtual shareholder meeting for Valereum on the 22nd February, how did that go? 6. How big is the tokenisation market and what is Valereum's aim in regards to market share within that space? 7. What is Gatenet and what is Gate token, how does it fit in with Valereum's plans? 8. Valereum will seek to launch Real World Asset (RWA) platforms, what is the reasoning behind this move? 9. ⁠In the presentation to the shareholders, there was mention of the ‘investomer concept' could you elaborate on that? Not forgetting VLRM Capital is an investment vehicle managing both VLRM's funds and third-party capital. The VLRM strategy for growth is centred around principal trading in securities and crypto, alongside yield farming and node operations for 3rd party blockchains.

Share Talk LTD
Edward Wyvill - Amaroq Minerals (AIM, TSX-V, NASDAQ Iceland: AMRQ) talking to Zak Mir

Share Talk LTD

Play Episode Listen Later Feb 14, 2024 16:02


Today we spoke with Edward Wyvill, Corp. Development commented on the successful completion of its significantly oversubscribed proposed Fundraising as announced on 12th Feb 2024. Greenland is home to vast, untapped deposits of valuable minerals with high-grade extension of Target Block confirmed at Nalunaq   Amaroq Minerals Ltd., an independent mine development company with a substantial land package in Southern Greenland, has been listed on the Nasdaq Main Market in Iceland. This move from the Nasdaq First North Growth Market Iceland to the Main Market is expected to increase the visibility of the company and possibly make it eligible for inclusion in Icelandic and international stock market indices.  The transition to the Main Market is seen as a strategic step for Amaroq, potentially attracting more Icelandic institutional investors, including pension funds. This could be significant given the substantial assets managed by these funds. On Monday the company confirmed, further to its announcement on 11 February 2024, its intention to conduct a placing and subscription of new common shares to raise gross proceeds of approximately £30.0 million (equivalent to approximately C$51.0 million or ISK5.2 billion) at a price of 74 pence (C$1.25, ISK127) per new Common Share, with the net proceeds being used to accelerate development and exploration activities. Eldur Olafsson, CEO of Amaroq, commented: “We are investing to increase recoveries at Nalunaq and to accelerate our exploration plans in our strategic mineral acreage across Southern Greenland, which has become one of the last frontiers for Western governments and companies to secure scaled supply of strategic minerals so desperately needed for the energy transition. By further de-risking the development of Nalunaq whilst also advancing exploration in both gold and strategic minerals, we believe we can deliver value for shareholders. It is a very exciting time to be the largest acreage holder in Southern Greenland.” On January 24, 2024, Amaroq Minerals announced the provisional results from its 2023 exploration programme on the Sava copper project, at the centre of the developing South Greenland copper belt. James Gilbertson, VP of Exploration of Amaroq, commented: “Our 2023 drill programme at Sava has identified further evidence of a significant copper mineral system at Target West. These results, on previously overlooked ground, suggest the presence of a typical large scale porphyry-style system and are testament to our discovery strategy and geological team. Target West is the first of multiple copper targets within Amaroq's portfolio. We have now confirmed skarn mineralisation with up to 11.6% Cu at Kobberminebugt, porphyry-style mineralisation at Sava with assays up to 2.0% CuEq and numerous other porphyry, and epithermal targets across a belt extending over 120km. “2023 proved to be a very promising first year for our 3-year funded exploration programme through the Gardaq JV. At present we have identified tonnage and remain close to surface. We will now continue to drill the targets to identify and locate high-grade mineralisation. Subject to results, we would expect to be in a position to define the feasibility of a project such as this after 3-5 years and at that stage establish a pathway towards permitting and development.” https://www.share-talk.com/edward-wyvill-amaroq-minerals-aim-tsx-v-nasdaq-iceland-amrq-talking-to-zak-mir/

Share Talk LTD
Marc J. Sale CEO of First Class Metals (LON:FCM) talking to Zak Mir

Share Talk LTD

Play Episode Listen Later Feb 2, 2024 6:51


As today's newsflow reminds us, since listing the progress of the company has been faultless in terms of proving up its assets, and indeed, in this case, other's progress next door to First Class Metals in the West Pickle Lake area, chonolith/feeder dyke structures now extend over more than five kilometres of strike length. First Class Metals (LON: FCM) the UK metals exploration company, reported that Palladium One continues to intersect potentially economic Ni-Cu mineralisation in and around the West Pickle Lake Joint Venture area. FCM said it remains encouraged by the progress the Palladium One exploration is making in the WPL zone and the wider discovery area. Particularly the success near to the FCM claim boundary with the results from TK23-128. FCM will continue to pursue third-party interest in this sector of North Hemlo. First Class Metals Sunbeam Property: High-Grade Gold Assay Results Whatever the share price is in its range, FCM reminds us that it continues to prove its assets. Yesterday the focus was on Sunbeam, where once again, Marc and the team are getting on with the job. First Class Metals announced high-grade gold assays from channel sampling undertaken following the recently completed exploration at the Company's 100% owned Sunbeam property. FCM said that since it optioned Sunbeam in late 2022, it has made quick and significant progress in developing the Property both in terms of understanding the mineralisation and increasing its scale. The channel results from Roy and Pettigrew are most encouraging and have identified drill targets at both locations.

Share Talk LTD
Zak Mir talks to Thomas Abraham-James, CEO of Pulsar Helium

Share Talk LTD

Play Episode Listen Later Jan 23, 2024 8:22


Pulsar Helium Inc. (TSXV: PLSR & FRA: Y3K) announced that drilling the Jetstream #1 appraisal well at the Topaz helium project is anticipated to commence on February 2nd, 2024. Drilling is anticipated to be completed within one month with flow testing to commence immediately following demobilisation. Capstar will provide a 6000 Elenburg Manufacturing trailer-mounted drilling rig to drill the Jetstream #1 appraisal well at Topaz. Mobilization is anticipated to be completed by January 28th with drilling to commence on February 2nd. All required permits have been received and site preparation is complete. Jetstream #1 will be drilled to a depth of 686m (2,250ft) with contingency in place to extend to 762m (2,500ft). A mass spectrometer will be onsite providing gas composition every 100 seconds with gas samples to be collected when zones of helium gas response are encountered. Upon reaching total depth, a comprehensive suite of open hole wireline logs will be acquired by Baker Hughes. Following the wireline data acquisition, the well will be completed and the rig will be released and demobilised. A well testing package will then mobilise and rig up on the Jetstream #1 well and execute a flow testing and pressure build-up program, and collect pressurised gas sample data.

Share Talk LTD
Zak Mir talks to Anthony Chow, Co-Founder of Agronomics (AIM:ANIC) Limited

Share Talk LTD

Play Episode Listen Later Jan 13, 2024 6:55


Zak Mir talks to Anthony Chow, Co-Founder, of Agronomics, the venture capital firm, which invests in cellular agriculture. The expectation is that several Agronomics portfolio companies' products gain regulatory approvals this year. Liberation Labs' factory is expected to come online and begin generating cash. The stock is therefore supported by some relatively near-term events that should increase the value of the business. Agronomics is a leading London-listed company focusing on investment opportunities within the field of cellular agriculture. In 2019, Mr. Mellon co-founded Agronomics and now sits on the board of three of Agronomics' portfolio companies including Liberation Labs, Meatly and Clean Food Group. https://www.share-talk.com/zak-mir-talks-to-anthony-chow-co-founder-of-agronomics-aimanic-limited/

Share Talk LTD
ECR Minerals plc (AIM:ECR) Mike Whitlow, Chief Operating Officer talking to Zak Mir

Share Talk LTD

Play Episode Listen Later Dec 18, 2023 14:55


Zak Mir talking to Chief Operating Officer, Mike Whitlow with today's confirmation from the company that its subsidiary, Mercator Gold Australia Pty Limited, has agreed to effect the sale of two under-utilised non-core assets. 2023 has been a brutal year, even companies that have done nothing wrong are in negative equity. Are we at the bottom, will 2004 be better on a micro level, liquidity?   ECR Managing Director Nick Tulloch commented: “We have had a stated plan to realise value from assets within ECR that we are not using or do not require.  Finalising these two agreements before the end of 2023 exceeds our expectations on timing but the fact that the expected proceeds from these sales should exceed our G&A expenses for the coming year is particularly pleasing.  It is a little over three months since Mike Whitlow and I joined the Company.  In that time, we have recapitalised the Company, re-positioned our portfolio to be more cost-effective, commenced a drilling campaign and now realised funds from non-core assets. We believe 2024 holds a great deal of promise for ECR and we look forward to updating shareholders on our ongoing progress.” Kuboid Hill and Davey Road prospects, both of which have previously provided evidence of gold mineralisation from soil analysis and rock chip sampling. The following drilling assay results are due shortly after the holiday season. https://www.share-talk.com/ecr-minerals-plc-aimecr-mike-whitlow-chief-operating-officer-talking-to-zak-mir/

The Sunday Roast
S4 Ep69: Midweek Takeaway featuring Zak Mir, CEO of Lift Global Ventures (AQSE:LFT)

The Sunday Roast

Play Episode Listen Later Aug 9, 2022 13:23


Phil Carroll and Kevin Hornsby talk to Zak regarding the proposed acquisition.   Disclaimer & Declaration of Interest The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.