Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
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Https://youtu.be/mJtMaahdL0k?si=X6oyXbpa6OCzIhHZ
(Thanks to el Ferrito on telegram for the below)
AI summariser summary. Hence any errors.
Marula Mining CEO, Jason Brewer, discusses the company’s recent milestones, including a long-term off-take agreement for lithium, plans for the Deloro manganese mine, and the signing of off-take agreements for byproducts.
Highlights
0:09 👉 Marula Mining CEO, Jason Brewer, discusses recent milestones
0:41 👉 Long-term off-take agreement for lithium finalized with FJAX
1:40 👉 Plans for increasing production at Deloro manganese mine
3:07 👉 Long-term off-take agreement for byproducts signed
4:45 👉 High-grade graphite mineralization found at Neori project
6:09 👉 Plans for cash flow generation and expansion in the second quarter
8:36 👉 New project acquisitions and listings on Nairobi and South Africa exchanges
Key Insights
💡 Marula Mining has achieved several major milestones, including securing a long-term off-take agreement for lithium with FJAX and signing off-take agreements for valuable byproducts.
💡 The company is focused on increasing production at the Deloro manganese mine, which has high-grade manganese deposits and is strategically located in Kenya.
💡 Marula Mining has discovered high-grade graphite mineralization at the Neori project, which has the potential to host a medium-scale mine.
💡 The company aims to generate cash flow through sales of lithium and byproducts, while also expanding its operations through new project acquisitions.
💡 Marula Mining plans to list on the main board in London and the exchanges in Nairobi and South Africa, which will further support its growth as a business.
He's also just joined neo so he can rinse the raises there.
Red flags everywhere on this guy.
Https://ibb.co/JxbzqB7
Copper just broke out of resistance. Now $9720/t
https://youtu.be/mJtMaahdL0k?si=uxsxByjnXBEEgpUi
@7:20 Jason said it again #lithium
"Very quickly, these byproducts credits will dwarf the revenue from the lithium"
#copper
Also mentions that kinusi will be producing revenue this quarter and they have moved away from initial Direct Sale Ore DSO into a copper cement product which will sell for 80 or 90% of LME prices
@13m20s
"instead of on in aggurate making 20% of LME copper metal price, we will be making up to 80-90% of LME, 4 to 4.5x increase on return"
@7:20 Jason said it again
"Very quickly, these byproducts credits will dwarf the revenue from the lithium"
Well is it a lithium mine or what? Why not call it a coltan mine and lithium is the byproduct if the revenues dwarf each other. What am I missing? I'm getting the heebyjeebys Andii.
CEO should be more careful when describing the lithium revenue. Dwarfed by some byproducts? Dafuq?
Sheik
As most know on here I’m no Jason fan, it’s not a secret but are you trying to argue for the sake of arguing.
Lithium is the main product of the mine which against any other single product from the mine will bring in the highest value. But, and read this bit slowly so you understand. If you have 3-4 or maybe 5 other byproduct materials be produced while your mining lithium and you add all there values together they could have a higher value collectively than the lithium.
It’s quite simple and most people can understand that.
Make be give your head a shake, lol see what I did there.
Also - late 2022 when the mine came under Marula's control and they were designing the process plant, Lithium was worth 3x what it is today hence Blesburg Lithium and tantalum mine, and not Blesburg tantalum and lithium mine
Hoof, you've been kicked in the head by a horse one too many times. See what I did there?
You misunderstood my message. The lithium is unproven. I want to hear all about the imminent lithium revenue and not about any other future byproducts. Information is scarce on the current production. The rate of production and what is being produced as we speak. Need to start talking specifics and not more carrots on sticks.
There's a presentation being uploaded to the website this coming week.
Here is a link to the A2X listing document which talks about Blesburg and the other projects
https://marulamining.com/assets/files/2024/circulars/PRE_LISTING_PLC_ON_THE_A2X_LIMITED_2024.pdf