Rocks and stocks. Also fishing/fatherhood/books/travel
Joined February 2019
- Tweets1.8K
- Following1.3K
- Followers1.7K
- Likes3.3K
Nugt retweeted
Small-scale production to fund large-scale discovery.
CEO Tom Benson sat down with RK Equity to walk through the strategy at our Springbok Project in South Africa 🇿🇦
🎥 Watch the clip here: youtube.com/watch?v=8wbyEDdy…
$LAF.V #LithiumAfrica #CriticalMinerals #Springbok
Nugt retweeted
Springbok so far 📊
Since our first drill results in September:
• Spodumene intersected in all four holes reported to date at Norrabees I, including 8.0 m at 1.70% Li₂O (incl. 4.0 m at 2.59%) and 7.5 m at 1.97% Li₂O (incl. 6.0 m at 2.27%). Downhole lengths; true widths not yet known.
• Three rigs drilling; 1,000 m channel sampling program underway across 15 spodumene-bearing pegmatites
• Two non-binding offers received to fund the project, including a US$60 million investment proposal
• Targeting first spodumene concentrate production in H2 2027, subject to permits, approvals and financing.
Further assays expected Q4 2026 and Q1 2027.
$LAF.V #LithiumAfrica #CriticalMinerals #Springbok
Nugt retweeted
Once again the lithium industry values an operation at more than the market does! The numbers mentioned in this release are multiples of Lithium Africa's current market cap!
juniorminingnetwork.com/juni…
Nugt retweeted
Excited to announce @Lithium_afri first non-binding offers for Springbok: US$60M for a 55% stake (~US$70M for 100%), plus a prepayment and offtake facility from a major trading house.
20+ parties engaged. First spodumene targeted H2 2027.
#Lithium #Springbok
#NEWS Lithium Africa Receives Two Non-Binding Offers to Fund the Springbok Project, Including a US$60 Million Investment Proposal
• Competitive process with 20+ potential counterparties
• Financing decision targeted H1 2027
• First spodumene production targeted H2 2027
Full release: li-africa.com/lithium-africa…
$LAF.V #LithiumAfrica #CriticalMinerals #Springbok
Nugt retweeted
Great news
$LAF.V
#NEWS Lithium Africa Receives Two Non-Binding Offers to Fund the Springbok Project, Including a US$60 Million Investment Proposal
• Competitive process with 20+ potential counterparties
• Financing decision targeted H1 2027
• First spodumene production targeted H2 2027
Full release: li-africa.com/lithium-africa…
$LAF.V #LithiumAfrica #CriticalMinerals #Springbok
Nugt retweeted
#NEWS Lithium Africa Receives Two Non-Binding Offers to Fund the Springbok Project, Including a US$60 Million Investment Proposal
• Competitive process with 20+ potential counterparties
• Financing decision targeted H1 2027
• First spodumene production targeted H2 2027
Full release: li-africa.com/lithium-africa…
$LAF.V #LithiumAfrica #CriticalMinerals #Springbok
Nugt retweeted
If anyone says that the Roadster demo wasn't cool take anything that they ever say and immediately throw it into the trash forever. If they can't even admit that this was freaking cool they have a COMPLETE ego problem. Blinded by hatred. Total derangement. Incurable. Terminal.
Nugt retweeted
A lithium explorer targeting production in 2027.
@Lithium_afri CEO Tom Benson explains how an existing stockpile, a permitted Springbok mine and a modest DMS plant could accelerate production, generating cash flow to fund exploration across a much larger district.
"Small-scale production to fund large-scale discovery."
(00:00) $LAF Project Overview
(01:50) Springbok Drilling Confirms High-Grade Lithium
(04:14) Springbok's 50km Exploration Potential
(05:52) Springbok Targets Lithium Production In 2027
(08:12) Modular DMS Plant Could Accelerate Production
(08:54) Project Financing Could Limit Shareholder Dilution
(10:57) Existing Stockpile Could Kickstart Production
(12:42) Ganfeng JV Advances Côte d’Ivoire Exploration
(15:16) Upcoming Drill Results And Resource Catalysts
(15:59) Springbok Financing And Development Timeline
(17:28) Strengthening The Team For Production
Nugt retweeted
Wow, having heard both the bull and bear case for the Roxmore flagship asset, that’s quite the statement of intent by SSR
Congrats to the Roxmore team
Roxmore Resources Announces Sale to SSR Mining and Spinout of Exploration Assets $RM.TO tinyurl.com/27rdbko5
Nugt retweeted
Most #lithium mines take a decade or more to permit and build. @Lithium_afri is targeting first production at Springbok in about a year, in H2 2027.
The goal: small-scale production funding continent-scale discovery.
Cash flow, not dilution, behind the drill bit.
#lithium #spodumene #Africa
#News Lithium Africa to Advance Springbok Project to Production Targeted for 2027.
· Moving from a planned stockpile sale to on-site DMS processing to produce spodumene concentrate
· First production targeted for H2 2027
· Mining at Norrabees I already permitted under the existing Mining Permit
· Initial Mineral Resource Estimate targeted for H1 2027, with a PEA to follow
· Project-level financing discussions underway
🔗Read the full press release linked here: li-africa.com/lithium-africa…
#LithiumAfrica #GanfengLithium #CriticalMinerals
Nugt retweeted
This is the advantage of working in Africa...very short lead times!
#News Lithium Africa to Advance Springbok Project to Production Targeted for 2027.
· Moving from a planned stockpile sale to on-site DMS processing to produce spodumene concentrate
· First production targeted for H2 2027
· Mining at Norrabees I already permitted under the existing Mining Permit
· Initial Mineral Resource Estimate targeted for H1 2027, with a PEA to follow
· Project-level financing discussions underway
🔗Read the full press release linked here: li-africa.com/lithium-africa…
#LithiumAfrica #GanfengLithium #CriticalMinerals
Nugt retweeted
Eby is going to tax doctors more to help pay for doctors.
The genius of the NDP.
NEW - @Dave_Eby proposes to raise income taxes on top two brackets by 2 percentage points, to generate $1b in extra revenue for BC.
• $190,405-$265,545 will go from 16.8% to 18.8%
• $265,545-$1m will go from 20.5% to 22.5%
• New $1m+ tax at 24.5%
Nugt retweeted
"I believe we have the A+ team in lithium."
Our CEO, Tom Benson, sat down with CEO.ca's Inside the Boardroom to talk about all things Lithium Africa, including our latest drill results at the Springbok project.
🔗 Watch the full interview: youtube.com/watch?v=CyBJn5L1…
#LithiumAfrica #GanfengLithium #CriticalMinerals #CEO.ca
Nugt retweeted
We live in a time where intelligent people are being silenced so that stupid people won’t be offended.”
Morgan Freeman
Nugt retweeted
In Canada if you work really hard. Grind everyday to provide a better life for yourself. The government will take half.
If you don't work quite as hard the government will take slightly less.
And if you don't work at all the government will give you the hard workers money.
Nugt retweeted
#News Lithium Africa Defines a Second Spodumene Trend in the Adzopé District: Kanien Trend Rock Samples up to 1.98% Li2O Highlight Discovery Potential.
🔗Read the full press release linked here: li-africa.com/lithium-africa…₂o-highlight-discovery-potential/
#LithiumAfrica #GanfengLithium #CriticalMinerals
Nugt retweeted
The next step:
1. Increase the tax slab where highest slab hits at $500k
2. Reduce the highest tax rate to 48%
3. Allow income splitting between spouses; more tax benefit for families with kids
4. Higher TFSA/RRSP limit if the investment is in a Canadian company with a Canadian broker
These steps will automatically boost consumption
Nugt retweeted
Thank the US Administration for giving political cover to transition to common sense policies. Hopefully entitlement reform and personal income tax cuts make the agenda soon.
