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Zak Mir talks with Ryan Mee, CEO of Fulcrum Metals, Highlighting the company gold tailings strategy
Manage episode 471520180 series 1128869
Content provided by Share Talk and Share Talk LTD. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Share Talk and Share Talk LTD or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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
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.
1319 episodes
Manage episode 471520180 series 1128869
Content provided by Share Talk and Share Talk LTD. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Share Talk and Share Talk LTD or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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
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.
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1 Zak Mir talks with Ryan Mee, CEO of Fulcrum Metals, Highlighting the company gold tailings strategy 6:57
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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/…
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1 Zak Mir talks to Bernard Aylward, CEO of Kodal Minerals 7:44
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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/…
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1 Blackbird CEO Ian McDonough sits down with Zak Mir to talk results FY24 and elevate.io milestones achieved 7:00
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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/…
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1 Zak Mir talks to Alastair Clayton, Executive Chairman of Thor Energy Plc 6:50
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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/…
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1 Zak Mir talks to Harry Baker, Chief Executive of Borders and Southern Petroleum PLC 9:32
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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/…
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1 Zak Mir talks to Gordon Stein, Chief Financial Officer of CleanTech Lithium 11:27
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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."…
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1 Andrea Cattaneo, CEO Zenith Energy (LON:ZEN) Talking to Zaks Traders Cafe 13:54
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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.…
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1 As we kick off 2025, ECR Minerals is prioritising its transition into gold production. 6:59
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This week, Nick Tulloch, Chairman of ECR Minerals plc, is heading to Australia to discuss a $75 million tax loss sale and exploration plans for Victoria and Queensland. Along with Chief Geologist Adam Jones & Consultant Geologist Mike Parker, who will be at Blue Mountain shortly before the team heads down to Victoria. The immediate focus is on the Blue Mountain project, where activities are set to accelerate. The team is preparing to meet with geological survey representatives and landowners in Queensland to solidify relationships and advance planned drilling activities. This groundwork is critical as ECR aims to demonstrate its capabilities in generating revenue through production. Drilling and Exploration Plans in Queensland ECR’s team is set to travel to Australia to advance drilling operations. The goal is to leverage trenching and geological surveys to expedite progress. The groundwork laid in 2024 will serve as a springboard for this year’s activities, with drilling expected to commence at the beginning of the season. Key Objectives for the Australian Operations Targeting Best Ground: The team aims to identify and drill the most promising areas based on previous trenching work. Resource Reports: The company anticipates delivering resource reports that highlight the potential of the project. Independent Assessment: An independent report from Gekko Systems has revealed promising findings that ECR plans to build upon. Whitler expressed optimism about the potential of the Blue Mountain project, indicating that the opportunity is larger and may materialise quicker than the market anticipates. The company is prepared to take a straightforward approach to drilling, utilising a 4×4 rig that allows for easy access to target areas without extensive infrastructure requirements. Strategic Acquisitions and Market Positioning As part of its growth strategy, ECR is exploring potential acquisitions to complement its existing portfolio. With a strong funding position and a depressed market environment, the company sees this as an opportune moment to identify valuable assets that can be integrated into its operations. Rationale Behind Acquisitions The market is currently presenting numerous opportunities, with larger companies struggling to develop assets or access capital. ECR’s solid financial footing allows it to pursue these opportunities confidently. Whitler highlighted the importance of leveraging their contacts and technical expertise to navigate potential transactions effectively. “We are shareholders, and we understand the need to create liquidity events within the business,” Whitler noted. The focus is on expanding the company’s footprint while enhancing shareholder value through strategic planning and asset management. Progressing Towards Production As ECR moves closer to production, it is essential to demonstrate tangible results to investors. The company is committed to transitioning from a pure exploration play to a production-driven entity, with revenue generation as a key focus. Whitler is confident that by the end of 2025, ECR can establish itself as a revenue-generating company. Building a Stronger Team To support these ambitious plans, ECR has strengthened its team with the addition of Mike Parker, a seasoned professional with extensive experience in the mining sector. His expertise is expected to be instrumental in developing strong drill programmes and transitioning projects from exploration to production. Whitler emphasised the importance of operational efficiency and stakeholder engagement, which Parker brings to the table. This strategic addition to the team aligns with ECR’s vision of scaling up operations and enhancing its production capabilities. Anticipating Revenue Generation With production plans set in motion, the focus shifts to revenue generation. ECR aims to start generating income from the Blue Mountain project by the end of 2025, with a target of producing 100,000 ounces of gold annually. This ambitious goal reflects the company’s commitment to establishing a sustainable revenue stream. The potential for significant income is expected to attract a different audience of investors, moving beyond speculative interest to genuine investment opportunities. As the company progresses, Whitler believes that tangible results will bolster investor confidence and support the company’s growth trajectory. Conclusion: A Promising Future for ECR Minerals ECR Minerals is well-positioned to embark on a transformative journey towards gold production in 2025. With a clear focus on operational efficiency, strategic acquisitions, and revenue generation, the company is ready to enhance its market value and establish itself as a competitive player in the mining sector. The combination of a strengthened team, ambitious production targets, and a strategic approach to acquisitions bodes well for ECR’s future. As the company prepares for an exciting year ahead, stakeholders can look forward to significant developments and a commitment to delivering value. Stay tuned as ECR Minerals continues to navigate the evolving landscape of the mining industry, positioning itself for success in the years to come. https://www.share-talk.com/as-we-kick-off-2025-ecr-minerals-is-prioritising-its-transition-into-gold-production/…
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1 Zak Mir talks to David Minchin, Chairman of Helix Exploration PLC 5:40
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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."…
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1 Unlocking Bitcoin Mining: An Interview with Francesco Gardin, CEO & Exec Chairman of QBT 8:22
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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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1 Zak Mir talks to David Lenigas, Chairman Vinanz, in the wake of the Bitcoin miner’s recent Main Listing 11:02
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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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1 Zak Mir talks to Rick Guiney, CEO of MicroSalt (AIM:SALT) 9:11
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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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1 Zak Mir talked to David Minchin, Chairman Helix Exploration 4:22
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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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1 Zak Mir talks to Graham Lyon, Executive Chairman, Sound Energy 8:09
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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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1 HeLIX Exploration PLC Chairman David Minchin talking with Zak Mir 5:59
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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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