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LS... was just being nosey really. Thanks btw for sharing your research it is much appreciated. Hopefully we will be getting our long awaited rewards here now.
Not connected at all other than being a share holder of some 12 years and a lot invested. Lot of time on my hands at the mo due to Covid so I've been doing a lot of research into Xtract and many other junior mining stocks.
LS are you connected in any way with this acquisition that is on the table ?
The El5574 asset: north/eastern periphery starts 3 km west of Black Springs, rad access is great as Colin said.
https://apps.sentinel-hub.com/sentinel-playground/?source=S2&lat=-33.894129329306416&lng=149.60247804410756&zoom=12&preset=3_FALSE_COLOR__URBAN_&layers=B01,B02,B03&maxcc=20&gain=1.0&gamma=1.0&time=2019-12-01%7C2020-06-02&atmFilter=&showDates=false
El8305 El8306 El8585 are Anglo's licences
LS
Impressed with your ability to find info. Thanks
Do you work for MI6 :)
Also, do you know where my car keys are?
Found it!!
https://search.geoscience.nsw.gov.au/report/R17000441
Document number D41
Instrument of Renewal
I, Dr Kevin Ruming, Director Strategic Resource Assessment and Advice, pursuant to section 114 of the Mining Act 1992, determine to renew Exploration Licence No. 5574 (Act 1992) held by ProspectOre Limited, ACN 619 426 952:
In respect of Group One (1) minerals;
(a) For the further term ending on 4 June 2021; and
(b) Over the exploration area described in Schedule 1; and
(c) Subject to the conditions set out in Schedule 2 and Schedule 3; and
(d) In compliance with any Activity Approvals in Schedule 4; and
(e) In accordance with the approved work program referenced in Schedule 5.
Signed this 21st day of November 2018
Dr Kevin Ruming
Director Strategic Resource Assessment and Advice
As delegate for the Minister for Resources
Delegation dated: 14 May 2018
But maybe bad timing because of 2008 banking fiasco
So in 2007 it went for A$1.25m, think copper prices were good in 2007, so must have been some good results in proving it out the last 13 years ,one to look into today thanks LS
For the record:
https://lachlanstar.com/projects/bushranger-copper/
For the record:
https://www.asx.com.au/asxpdf/20070809/pdf/313wk004jpnzsk.pdf
There is no new director, the whole deal is currently hypothetical. But could in theory open up a direct deal with Anglo or nothing at all...
"From the date of signing the agreement, a 30 day due diligence period enabling Xtract, to verify that ProspectOre is the legal and beneficial owner of the Tenements or, in respect of the Anglo Exploration Tenements, has a legally binding right to acquire such. In the event that the above condition is not satisfied, Xtract will have the right to terminate the agreement."
I was surprised this part of the acquisition wasn't bought up it the interview a new director on board
So what is this guy going to do? LW.as the trolls say more Jan tomorrow ffs no thank you
Don't even joke about it!
Maybe Jan Nelson will be brought back to run our Chilean arm of operations.
So what happens, if PO don't sell shares ,how does CB react to having staff who own 10 fold the number of shares in the he company than he does.Any one think this guy will take over the helm of XTR..or will he just takeover the running of the Australian acquisition? any thoughts