Nugt (@nugget_effect) profile picture

Rocks and stocks. Also fishing/fatherhood/books/travel

Joined February 2019
Photo by Nugt (@nugget_effect)Photo by Nugt (@nugget_effect)Photo by Nugt (@nugget_effect)Photo by Nugt (@nugget_effect)Photo by Nugt (@nugget_effect)Photo by Nugt (@nugget_effect)Photo by Nugt (@nugget_effect)Photo by Nugt (@nugget_effect)
To all of the blue collar workers out there working in the rain, grinding and actually building things, take solace in the fact that the big chunk of money that comes off of your paycheque and gets sent to Ottawa will go to an “artist” so that they don’t have to pay taxes like you do. Now get back to work.
Prediction. Budget 2026 will not only create more new debt, it will also create more new "artists."
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Liberal budget summary: - Artists get money - Immigrants get money(and access) - Carney’s friends get money - Tampons get money (seriously) - First Nations get money (typical) Hard working Canadians get the bill $234Million of debt charge every single day
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Only a Liberal would come up with this: Look at all the businesses that Carney EXCLUDED from the capital gains exemption. Mining, forestry, agriculture, real estate, utilities, fishing, recreation, any franchise…oh, and real estate and food. Nothing like claiming a new measure will drive growth, and then excluding the major drivers of our economy.
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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
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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
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Tremendous vibes BC is back
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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
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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
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#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
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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.
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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
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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
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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
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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
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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%
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"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
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We live in a time where intelligent people are being silenced so that stupid people won’t be offended.” Morgan Freeman
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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.
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#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
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