Giyani Metals CEO on huge market demand for manganese
July 4, 2018 – “The market is very strong at the moment. I do not know if you noticed, but CATL listed in Hong Kong raising over a billion dollars. They are going to be the largest battery manufacturer. Demand is just going to be huge for the manganese units going forward.” states Robin Birchall, CEO & Director of Giyani Metals Corp. (TSXV: WDG), in an interview with InvestorIntel’s Peter Clausi.
Peter Clausi: We are here to talk about Gyiani Metals and manganese. You have 3 properties in Botswana.
Robin Birchall: That is correct. We have the K. Hill, Otse, and Lobatse.
Peter Clausi: Which is your favorite?
Robin Birchall: I would say my favorite is K. Hill. It is the most advanced of all of them.
Peter Clausi: Did you buy that in advanced stage or were you the ones who moved it along?
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Robin Birchall: No, we have moved everything along. We have done all the drilling this year. We have done that in a very short period of time, about 4 months, completed our drilling at K. Hill. We are now drilling at Otse, which is our second property. Because we are under budget, cash and meters wise we are even going to drill at Lobatse.
Peter Clausi: Nice. You do not hear that too often. How many holes did you drill at K. Hill?
Robin Birchall: We drilled 18 holes there. One of which was a metallurgical hole. We have drilled now 4 holes at Otse, a good 3 holes left to do there. We plan probably about 6 at Lobatse.
Peter Clausi: Where do you assay those? Is it in country or do you ship them out?
Robin Birchall: No. They go to SGS, Randfontein in South Africa. All the samples have gone from K. Hill to SGS, Randfontein and we are waiting for them to come back. They will be back in the next 10 days.
Peter Clausi: It takes what, about a week for you to compile those into a press release?
Robin Birchall: Yeah, I am hoping to have some initial results. Yeah, that is our next press release will be something on the grades we are seeing in the holes.
Peter Clausi: That is often a major catalyst; looking forward to seeing that. Will that include the second drill program as well or just K. Hill?
Robin Birchall: No, K. Hill is for resource and Otse is where it is not quite exploration, but it is not quite enough to be a resource. It is really for us to understand that deposit a little bit better.
Peter Clausi: If I remember your press releases correctly, you were counting on premium pricing for your manganese given its quality.
Robin Birchall: That is correct. From the visual inspection we are pretty happy with what we have got there, but obviously the assays have to come back.
Peter Clausi: What do you see happening in the manganese market?
Robin Birchall: That is a really good question. The market is very strong at the moment. I do not know if you noticed, but CATL listed in Hong Kong raising over a billion dollars. They are going to be the largest battery manufacturer. Demand is just going to be huge for the manganese units going forward…to access the complete interview, click here
Disclaimer: Giyani Metals Corp. is an advertorial member of InvestorIntel Corp.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>