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I was interested to see mention of molybdenum:
No test work has been directed specifically at molybdenum recovery. Some nearby mines on the Lachlan Fold Belt are recovering molybdenum and, in one case a new circuit has been installed specifically for recovery of the metal. At Bushranger, molybdenum recovery will be disregarded for the concept study for now but could make a contribution to a future mining operation."
What I really meant to say was I'm fully invested and can't buy any more XTR shares!
Andrew........ 444 shares..... is that your mark? A coded message to us all?
4.5p paid at 11.47 for just 444 shares! Not me I assure you. I'm fully cashed up.
Thanks Steve
There is a single MM at 4.4p (CNKS) and tiny trades around that level. A recent 5k share trade was at 4.41p, so it looks like that MM is effectively preventing buying at the moment. Someone will probably need to put in a best price trade to break through.
40p ? mm, that would buy me a house.
One certainly casn hope and dream !
Just tried buying Circa £4K worth all the way down to £1k worth and nothing doing with Barclays. Short of stock?
One can but hope and dream!
Porv
That was a very poor deramp compared to your other work. Far too transparent.
I'm disappointed in that effort and I know you can do better :)
Bushranger Sale = 40p a share, without a doubt.
'Down with this sort of Thing', Ted
Bushranger has significant potential Full stop
I’m really not sure where you are coming from porv, there have been a very decent range assayed at +/- 0 .3cu. The modelling will take into account these mineralised trends through out the deposit and not just the spot results. You or I have no idea what that modelling shows
Have some faith it’s got to be worth a punt ;-)
http://www.rns-pdf.londonstockexchange.com/rns/9509T_5-2022-7-27.pdf
Charts looking positive again.
Very few on here or all over AIM with the virtue of patience
mostly all looking for the miracle of a quick buck
Yes, that was the only part I took issue with. I don't think the average grade will run that high, unless they simply ignore the last 18 months drilling, where virtually nothing met even those modest levels.
My friend would also be very interested.
The RC model would be a great issue now ..... coming immediately on the back of the good recovery numbers.
Any chance of us getting it before the AGM Colin? Asking for a friend :-)
slowly slowly catch the monkey.
Curiosity had the better of me to see what recovery rates Newcrest were achieving at Cadia. They have recently undergone a big expansion project due to complete late this year costing $175m for the build phase that will increase plant capacity and increase recovery rates for gold and copper by 3.5% and 2.7% respectively, with Projected recovery rate over LOM for copper will increase to 85.2% and gold to 80.3%
So initial met test results of 89-90% for Racecourse are very encouraging and potentially we are seeing the difference in geology between the two types of deposit as RC is more copper dominant and if I recall rightly from an interview many months ago, Colin predicted that there would be less issues at separation because of the reduced gold.
Will be interesting to see how much the copper recovery rate for ascot reduces in comparison as has stronger amounts of silver and gold.
We appear to be the main story on the home page. Well it looks like it to me any way??
https://www.lse.co.uk/
Forgot to add, we are the highest climber in our sector. Not bad for a low volume day and a metals update...
A good day today - back above 4p and the best close since june. Quickly recover ing back to the 6p Mark which seemed to be the kind of equilibrium before.
The rns was solid. Recovery and metal production sounds pretty boring but we need to show we can produce the commercial concentration and how we do that. The answer is very boringly and quite cheaply. The economic model when it's produced will carry more weight with this kind of info and importantly there isn't anything there that will worry or scare away any buyers.
Good day, maybe 4.5 - 5p by the agm?
Another significant milestone proving up a commercial resource.
Nice RNS today and a very decent chance for a few good news occurrences on the bounce here now, I'd hope..
In any which order:
Good Africa Gold Q2 production update (traditionally a strong Q... so hopefully ditto this time)
Positive forward view off the back of a good AGM
Good Fairbride early stage production figures for August
Positive next Bushranger Update - or two- in whatever shape/form
So hopefully the s/p wakes up from its lowly levels over the coming weeks, Please !