Zak Mir talks to Greg Martyr, Executive Chairman, Capital Metals, in the wake of the mineral sands company approaching mine development stage at the high-grade Taprobane Minerals Project in Sri Lanka, updating on drilling within the northern EL168 area, focusing on the Initial Mining Area of the existing 17.2 Mt Mineral Resource.

Greg Martr opened by reflecting on a particularly active six months for Capital Metals. Since their last update, the company has made significant strides, including a successful transaction with the Ambient Group. Greg expressed enthusiasm about the new doors this partnership has opened, emphasizing that the collaboration is already proving valuable, despite being only two weeks in.

Capital Metals also recently completed a rapidly oversubscribed fundraising round, which was closed early to avoid excessive dilution at the 2.5p share price level. Greg noted the strong support from shareholders and hinted at ongoing discussions regarding the potential exercise of options, signaling healthy interest and confidence in the company’s trajectory.

One of the most anticipated updates concerned Capital Metals’ drilling program within the northern EL168 area, focusing on the Initial Mining Area of the existing 17.2 million tonnes mineral resource. Greg reported the completion of the first phase with 170 holes drilled, totaling just over 1,500 meters. This drilling effort marks a substantial increase in depth compared to the 2016 resource calculations, which averaged only 1.6 meters, whereas the recent drilling averaged about 9 meters per hole, with some extending as far as 15 meters.

What stands out in this phase is the continuation of mineralization down to the basement rock in certain locations. While this extended mineralization is not uniform across all holes, the encouraging results point to the potential for a more substantial resource than previously understood. Assay results are expected shortly, which will provide further clarity on the resource’s quality and extent.

Greg highlighted the initiation of research coverage by Hannam & Partners, a respected name in mining research known for their rigorous analysis. This development represents a significant endorsement for Capital Metals, often seen as a “gold standard” in the sector. The research team’s detailed review of Capital Metals’ financial models has already led to improvements in the Net Present Value (NPV) calculations, with an updated model currently being finalized.

The company’s relatively low capital expenditure (capex) requirements further enhance its appeal. As mineralization increases, the economics of the project improve, making it more cost-effective to extract the resources. This combination of low capex and growing resource size is a powerful advantage as Capital Metals moves toward its investment decision.

Discussing the broader market context, Greg noted that the project’s sector is largely insulated from the ongoing tariffs and export restrictions affecting other industries, particularly Sri Lanka’s garment sector. While the garment industry faces uncertainty, the resource sector is gaining increasing importance for foreign investment in Sri Lanka. This shift benefits Capital Metals by positioning it favorably in the eyes of investors and policymakers alike.

Despite the complexities of the market, Capital Metals’ shares have shown remarkable strength, rising nearly 80% so far this year. Greg acknowledged that while the market can be volatile with limited sellers, the goal is to attract more professional investors. The backing of Hannam & Partners is expected to bring in this new wave of buyers, helping to stabilize and potentially increase the share price further.

Looking ahead, Greg remains optimistic about ticking all the necessary boxes leading up to a final investment decision by the end of the year. The company is focused on continued progress and delivering results that will pave the way for mine development.

Capital Metals is clearly on an exciting path as it advances the Taprobane Minerals Project. With strong drilling results, strategic partnerships, and a favorable investment climate, the company is building momentum toward its goal of becoming a significant player in Sri Lanka’s resource sector. Stakeholders and observers alike will be watching closely as Capital Metals moves through the next critical phases of development.

For more updates and in-depth interviews on mining and resource projects, follow Zak Mir’s ongoing coverage and insights.

In a recent conversation with renowned investor Jim Mellon, Zak Mir delved deep into the state of the financial markets as we reach the midpoint of 2025. Jim, known as one of the UK’s largest and most astute investors, shared his candid views on the evolving global economic landscape, highlighting key opportunities and risks for investors today. 

So far this year, the markets have experienced significant turbulence, exemplified by what Jim refers to as the “tariff dip” — a sharp market decline triggered by renewed tariff tensions and geopolitical uncertainties. However, rather than retreating, Jim and his team saw this as a buying opportunity, particularly focusing on regions outside the United States.

While many investors were fixated on the US market, Jim emphasized that his portfolio strategy deliberately concentrated on Europe, the UK, and Asia, with a selective approach to US stocks. This regional focus has paid off well, as these markets have demonstrated resilience amid global headwinds.

One of the major themes Jim highlighted was the precarious fiscal position of the United States. He pointed out that the US economy is taxed at approximately 30%, but government spending sits at 38%, creating a widening fiscal gap that poses serious risks. This imbalance, he warned, could trigger severe disruptions in the US bond market and a significant depreciation of the US dollar over the next year.

Given these risks, Jim advises investors to generally avoid the US market, except for a few select stocks. Instead, he advocates for increased exposure to the UK, Europe, Asia, and emerging markets, which he believes will be the primary beneficiaries of the challenges facing the US economy.

Read More https://www.share-talk.com/interview-with-jim-mellon-insights-on-the-2025-market-landscape-and-investment-strategies/

Great Southern Copper plc (LSE: GSCU) continues to make exciting strides at its Cerro Negro project in Chile, particularly at the Mustasa Mine. The recent Phase 2 drilling campaign has delivered spectacular assay results, confirming the presence of high-grade copper and silver mineralization and setting the stage for an ambitious Phase 3 drilling program.

As we delve deeper into the findings, it becomes clear that this project holds tremendous promise, driven by a combination of thorough exploration, advanced geophysical surveys, and a dedicated on-site team committed to unlocking the full potential of the deposit.

The Mustasa Mine, a core asset within the Cerro Negro project, has been the focus of Great Southern Copper’s exploration efforts. The Phase 2 drilling program, recently completed, has yielded impressive results that have energized both the on-site team and shareholders alike. One of the standout drill holes, CNG25-DD013, intersected a 5-meter zone grading 3.04% copper (Cu) and a remarkable 322.4 grams per tonne (g/t) silver (Ag) within a broader 13.9-meter interval averaging 1.74% Cu and 153.4 g/t Ag. These numbers are not just encouraging—they are spectacular and underscore the high-grade nature of the mineralization at Mustasa.

Additionally, drillhole DD012 confirmed mineralization located 500 meters south of the mine, extending the known footprint of the deposit and highlighting the potential for further discoveries beyond the immediate mining area. This southern extension is particularly exciting as it suggests that the mineralized system is more extensive than initially thought, offering a larger resource base to explore and develop.

https://www.share-talk.com/sam-garrett-chief-executive-officer-of-great-southern-copper-talking-with-andrew-scott/

Zak Mir talks to Howard White, Chairman of Hydrogen Utopia, a company specialising in turning non-recyclable mixed waste plastic into hydrogen. 

This interview with Howard White, Chairman of Hydrogen Utopia, sheds light on the company’s groundbreaking partnership with InEnTec Inc., a firm renowned for its advanced waste-to-hydrogen plasma technology. Together, they aim to revolutionise the Middle East and North Africa (MENA) region’s approach to sustainable energy and waste management.

Howard White begins by expressing his heartfelt condolences over the loss of Simon Mann, a former chairman and a close friend, acknowledging the impact this has had on the company. Yet, amidst this sombre note, there is a palpable sense of optimism as Hydrogen Utopia announces a significant breakthrough. The company has signed heads of terms with InEnTec Inc. for exclusive access to ten licences of InEnTec’s TRL9 (Technology Readiness Level 9) plasma technology, marking a pivotal moment in their mission to convert waste into clean hydrogen.

This development is the culmination of relentless effort, particularly by the company’s CEO Alexandra, whose tireless work helped rekindle the connection with InEnTec, a technology that Howard first encountered back in 2008 during his tenure at AFC Energy. This plasma technology, initially designed for hazardous waste disposal, has evolved into an efficient method for producing clean syngas and subsequently hydrogen, providing a robust foundation for Hydrogen Utopia’s ambitious plans.

Plasma technology, often referred to as the fourth state of matter alongside solids, liquids, and gases, is essentially a controlled, continuous lightning bolt generated between two electrodes. This process breaks down waste materials at a molecular level, converting them into syngas—a mixture rich in hydrogen and carbon monoxide. Howard’s extensive experience with plasma projects, including collaborations in Thailand and with notable figures like Roman Abramovich, lends deep credibility to the technology’s potential.

What makes InEnTec’s plasma system particularly compelling is its ability to handle virtually any form of waste, including mixed plastics, tyres, and even turbine blades, transforming these materials into valuable outputs with minimal environmental impact. Initially, the technology operated on high gate fees for waste destruction, but advancements such as integrating a gas water shift process have doubled hydrogen production and generated food-grade CO2 as a byproduct.

https://www.share-talk.com/zak-mir-talks-to-howard-white-non-executive-chairman-of-hydrogen-utopia-intl/

Zak Mir talks to Greg Martyr, Executive Chairman, Capital Metals as the mineral sands company approaching mine development stage at the high-grade Taprobane Minerals Project in Sri Lanka, announces a strategic investment of US$2 million by Ambeon Capital PLC together with an option for a period of 45 days for it or its nominated investors to invest up to a further US$2 million.

In this detailed article, we delve into an insightful conversation with Greg Martr, the Executive Chairman of Capital Metals, a mineral sands company on the verge of mine development at the high-grade Taprobane Minerals Project in Sri Lanka.

This interview reveals exciting news about a strategic investment and the subsequent project development that is set to propel Capital Metals forward. Drawing from our discussion, I explore the significance of this investment, the partnership with a local fund group, the company's funding strategy, and the promising outlook for the project and its share price.

Capital Metals recently announced a strategic investment of US$2 million by Ambeon Capital PLC, a well-established fund group based in Sri Lanka, with an option to invest an additional US$2 million within 45 days. This development is a major milestone for Capital Metals as it nears the final investment decision (FID) stage for the Taprobane Minerals Project. The investment not only provides crucial funding but also brings on board a valuable local partner with deep commercial and mining sector experience.

Greg Martr shared that the relationship with Ambeon Capital was established through an interesting and somewhat serendipitous introduction last October. The three key principals of Ambeon were educated in Australia, have extensive funds under management, and returned to Sri Lanka about 15 years ago to establish their fund group. Their understanding of mining in Sri Lanka, though somewhat rare, made them an ideal partner for Capital Metals. Greg emphasised the smooth collaboration and mutual understanding that developed quickly between the two parties, which is critical for the joint venture’s success.

https://www.share-talk.com/greg-martr-the-executive-chairman-of-capital-metals-talks-to-zak-mir/

In a recent engaging conversation with Zak Mir, CEO of Roadside Real Estate, Charles Dixon shared valuable insights ahead of the company’s Annual General Meeting scheduled for mid-June. This interview provides a comprehensive look into Roadside Real Estate’s strategic direction, recent financial achievements, and plans to reward shareholders, including a significant share buyback proposal.

Last year marked a remarkable milestone for Roadside Real Estate, with its shares appreciating more than threefold. This achievement not only reflects the company’s robust business model but also the strategic decisions made by its leadership. Charles Dixon expressed his satisfaction with this performance and highlighted the potential for further share price appreciation.

Central to the company’s plans is a proposed share buyback, which was subtly included in the recent AGM notice. This buyback allows the company to repurchase up to 10% of its ordinary share capital, a move that has already garnered shareholder support. The buyback strategy is driven by the proceeds from the company’s divestment activities, particularly from its stake in Cambridge Sleep Sciences (CSS).

“We wanted to be able to reward our shareholders but also provide liquidity to them,” Charles explained. This buyback not only signals confidence in the company’s future prospects but also offers shareholders a direct benefit, enhancing shareholder value without dilution.

https://www.share-talk.com/interview-roadside-real-estate-insights-from-ceo-charles-dixon/

In today’s feature, we delve deep into the exciting developments at Fulcrum Metals, a technology-led company focused on recovering precious metals from mine tailings in Canada. An insightful discussion inspires this article with Ryan Mee, CEO of Fulcrum Metals, hosted by Zak Mir.

Together, they explore a groundbreaking Master Licence Agreement signed with Extrakt Process Solutions LLC, positioning Fulcrum Metals at the forefront of tailings processing in some of Canada’s richest gold mining regions.

Mining tailings, often overlooked, represent a significant opportunity for precious metals recovery. These tailings are essentially mine waste left on the surface after primary extraction processes. Fulcrum Metals has identified a unique niche in processing these tailings, particularly in the prolific gold camps of Kirkland Lake and Timmins, Ontario.

Ryan Mee shared that the company’s recent exclusivity agreement with Extrakt Process Solutions is nothing short of a gamechanger. After a year and a half of negotiations, Fulcrum Metals secured exclusive licensing rights to Extrakt’s breakthrough technology for tailings processing. This exclusive partnership covers Canada’s top two gold camps—Kirkland Lake and Timmins—both renowned for their rich mining history and extensive tailings sites.

What makes this deal truly unique is its exclusivity. According to Ryan, “No one anywhere in the world has this type of deal with Extrakt.” This exclusivity provides Fulcrum Metals with a clear pathway to production and growth, leveraging over 700 million US dollars in situ estimated value across their projects. Considering the company’s market cap of just 2.5 million, this represents an extraordinary value proposition, especially when factoring in additional exploration assets and monetised portfolios such as uranium and the recently announced Tully deal.

https://www.share-talk.com/interview-fulcrum-metals-revolutionising-precious-metals-recovery-from-tailings-in-canada/

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.

·      | 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.”

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.

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.

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 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/

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.

· 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

“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/