Firering Strategic Minerals: From explorer to producer. Watch the video here.
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"Well if the AGM was that good then someone would be saying it"
You could say the same if if it was not good?
My experience of AGMs is that they are largely an administrative process, and tend not to be used to make ground-breaking announcements as to the future, or whatever, of the company. As someone pointed out yesterday, any 'interesting' stuff would need to be announced to the market either in advance, concurrently with the AGM, or afterwards via RNS.
You can't announce market sensitive information exclusively to a tiny subset of shareholders who were fortunate enough to be able attend a physical meeting in person.
I just don't believe that bushranger will go that way. The only reason would be down to listening to Jeremy read, no-one else.
The SP is where it is because the market doesn't rule out that in 18 months time Bushranger will have gone the way of Kalingwa and possibly Eureka.
We're you there jezzoo?
I hate to say it but it sounds like 3.5p tomorrow
Well if the AGM was that good then someone would be saying it.
I'm sure we will all find out at 8 AM Tomorrow.
Thanks Ben, I will be interested in the explanation of Eureka... if indeed there has been a change in direction on this...
Definitely not number 2. Mixture of 3 and 4 perhaps. Good to meet Millsy and James and a couple of others. Nice to meet fellow holders.
I'm sure Steve and Millsy will have more to report. By the sounds of things we may get a full report with estimated resource for both Ascot and RC by October. Other projects in the pipeline. Not much interest in exploring Eureka much further by the sounds of things although they are actively trying to get 12 months of material out of it. By the sounds of it, Colin is OK with moving AA along or perhaps he knows they won't be too interested. Better to have more than one customer - are there some waiting in the wings?
Had a good chat afterwards and lots of questions remain - of course Colin can't go into too much detail. Retold his story of how quickly the sale of Kalumbila went through.
I'm sure others can report more / clarify my initial thoughts. Have had to write quickly as off out again.
Well the radio silence is probably down to
1. Meeting still going on
2. All down the pub celebrating
3. All have been sworn to secrecy of the fantastic news to come
4. Simply nothing to declare
I couldn't tell you which one but hope it has gone or going well
Hopefully they've dragged CB down the pub and are plying him with copious amounts of malt whiskey to get him gabbing. Loose talk, to reveal JORC!
Gixxer, looking forward to your warts and all opinion of how the AGM went, if you went?
Would be much appreciated.
Coming soon - Fair Bride attracted by Bushranger. Sounds like an old “bodice ripper” film !! :)
Apparently Alistair Ford survived re-election vote 53% to 47%
Rather dull then.
I personally doubt there will be much about Bushranger apart from generalities at the agm.
Hopefully a bit more detail on fairbride production progress and when we can expect q2 results
Have you tried Rennie's? Always work for me.
I want the jolly good news now please
F100
Colin will not say anything today that will provide any clearer guidance than is already being digested with difficulty.
An agm but we know some technical questions will be asked by shareholders.....
If a statement is made in the agm that provides new information to the market that would need to be RNSed.
Would much prefer that RNS to be ahead of the agm otherwise we are in the dark until we get feedback from attendees
Hopefully will be a bit of both :)
Its an AGM not an investor presentation.
Doesn't give us more questions than answers. Sorry at school trying to get it ready for children to come back. Still get frustrated when people think l get 6 weeks off lol.(site mamager)
Dont really want an rns now just to appease us. Bit annoyed now all the hype awhile ago now in the 3s. Hope all goes well ,the ones that are going. Hopefully bring back some sort of good news as long as it gives us .ore questions than answers.x
A final conclusion to bushranger could well be sooner than many are expecting after the announcement a phase 3 drilling campaign is ‘under consideration.’
If we actually ignore the idea that all is not well from the doomsday crew. There are quite a number of things that are pointing toward to the company pursuing an earlier conclusion.
- The objective of phase 2 was to get 2mtCuEq
- It is, and has always been the project objective to see what AA want to do once 2mt is reached.
- CB has spent since turn of the year telling the market that is the intent.
- CB mentioned October when expects or is hopefull of a recovery in global copper prices. What other relevance for a comment like this could there be?
- To ask shareholders just to have a bit more patience is certainly not indicative of going into a 3rd phase and a further 6-9 months wait.
- If they intend to hold back Q results for strategic release, why would that be necessary at all if the project is going into a further drilling campaign. Of course the first thing that will come to mind is for a further placement, but as we are led to believe, exploration will be paid for out of income. That is the whole point of growing the company to finally be self funding.
- If we do ‘not’ see any news of any significance today, which to me the idea to release something just to appease impatient shareholders in the hope of fending off some tough questions at AGM, when there is a more important near end game to consider so why waste good news. And furthermore, why hold it back now if it’s expected to be a further 6-9 months wait.
- There are the also RNS excerpt that states the project will be positioned in the global market
Ok there is some supposition there, but all these together paints a positive picture, if we try to second guess what the company are trying to do and more importantly why.
AFP's RNS is a nothing rns. It's 2 holes of xrf reading saying there is copper anomalies.
Really scampi g the barrell for that rns.
I'd rather we didn't get one than one like that.