Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I could do with some shares issued to me too.
Have to live on something CB.
Fosters
You're missing the point.
It doesnt matter what we think POC will do next year or what we would prefer CB to do, its about what CB's thinks will happen (rightly or wrongly) to POC and is an explanation why there may be a delay in any buy-out.
CB has said many times what he thinks will happen to POC in 2023.
I'd be happy to take 20p now...but thats not the point.
If we reached 20p for the sale based on current pricing of copper (forward view included) would you be looking back in two years time saying I wish CB hadnt sold and held for a higher price?
Very in-depth look at future copper situation
https://orocoresourcecorp.com/_resources/blog/Future-of-Copper.pdf
Nowt interesting.
Why wait, POC may fall, massive recession ahead, least cost is first cost.
PS I dont wanna wait!
I’m with Fidelity for my ISA. I have holdings in a number of shares. If I don’t have sufficient cash in my ISA balance, Fidelity sell a small number of shares to pay for my management fees. These are often in the 10-50 share range, depending on the price of the particular stock held. So my assumption has always been that share sales of 1-50 on most shares are management fee transactions. I may be wrong, but it’s my theory anyway.
Easy lie to spot there, you can't get milk for sub £1
The sub £1 sell was me.
I've just ran out of Milk and had to buy some quickly.
Why would anyone sell 24 or 25 shares valued at less than £1, even if they happen to be dealing costs free? This waiting for news is really getting to me. Really hope will come by end of this month.
The pessimistic view is that AA or anyone else is not interested in what we have at current POC, so we have to wait for a higher POC. Some doubters may think that If what we have is substantial then why not release the MRE and model? It must be completed by now.
The optimistic view is that CB knows what we have, MRE completed but he wants the buy-out as high as possible and is sure POC will increase in 2023 so will wait until then.
It really wouldn't surprise me if any buy-out wasn't until Q4 2023 - when POC should be much higher?.
Confirmation of FB commercial production and RNS of income, should move the SP back to at least 5p IMHO, well before any buy-out news.
That'll be when we announce 2MT....
... in November 2023.
I jest.
Losing patience at the moment but won't ever sell until the full picture is revealed. Frustrating as Quinton and the team can't realistically be this slow to put the assays together to form a resource estimate. Understandable why they're taking their time though with the copper price.
Oooo thought I might have seen 10p this morning :) oh well back to bed..
Copper futures fell to $3.7 per pound from the five-month high of $4 hit on November 11th, as signs of weaker demand and a rebound for the US dollar outweighed looming concerns of supply shortages. Data from top consumer China showed that industrial production slowed more than expected in October, while house prices declined for the sixth consecutive month. Meanwhile, China reported the first Covid deaths in six months as Beijing cases rise increasing the possibility of economic restrictions. Still, copper prices remain 6% higher since the start of November on looming supply concerns. Commodity trader Trafigura warned that global copper stocks have fallen to record lows, with current inventories enough to supply world consumption for just 4.9 days. Freeport-McMoran was also vocal about shortage risks, stating that low prices do not reflect the tightness of the physical market.
• tradingeconomics. Com
Off topic but that BSF sounds interesting. Now that really is a case of jam or rather meat tomorrow !
https://audioboom.com/posts/8199623-sunday-roast-featuring-che-connon-ceo-of-3d-bio-tissues-and-geoff-baker-director-of-bsf-enterpr
Xtr at 40m 15 seconds
He didn’t endorse his cycling!
I also recall that they meet up with the AA guys… I thought it was running though! Either way, it is obvious AA have all the inside info and, by return, the Xtract guys will have a good feel for whether they’d want it back and when they’ve done enough drilling to get a fair price.
Hopefully not long to wait now!
Fully agree with what you saying cardo, was simply bringing up footrot as I believe this was largely missed and I know results have been asked about recently. But then also to ‘add’ that it should not been seen as the holes were complete duffers as they were successful in what they were, reconnaissance holes.
howezap,
Absolutely not arguing the content of any RNS(s).
It is speculation of how and when that content is turned into shareholder value.
We are all here with the intention of making money, sell for more than we bought, we just have no idea of how much and when.
Just to add.
Footrot analysis reports
The core analysis from
Bushranger asssys and update RNS from 7th July stated.
>> Two exploratory drillholes completed at the Footrot prospect 7km to the southeast of Racecourse (FTDD-22-001 and FTDD-22-002) encountered weak copper mineralisation along with much disseminated to semi-massive pyrite and pyrrhotite within porphyritic intrusives, providing encouragement that the Bushranger project area contains potential for multiple porphyry copper-gold targets
Then in half year report was confirmation they were sent for assays
>> Two drill holes, for 804.4m, were completed at the Footrot Prospect, approximately 5 kilometres to the south of the Racecourse, to test a combined soil geochemical and MIMDAS anomaly. The results from these two holes will be available during the next reporting period.
Lastly from final assays of ascot 6th oct RNS in summary down bottom
>> In addition to the Ascot drilling, two exploration drill holes, FTDD-22-001 and 002 completed at the Footrot prospect, about 7km south-southeast of Racecourse, intersected lengthy intervals of alteration and iron sulphide mineralisation along with traces of copper and possible gold indicator minerals. This could suggest proximity to a mineralised porphyry - further modelling of the geophysical results here will be required.
This would certainly confirm footrot assays are back and probably not worth releasing on their individual merit. But they were still successfull in adding further credence to the geophysics that the anomaly there is mineralised.
Hey cardo you are so right of course, I think the only one that we do have a good idea of is Footrot as although both exploratory boreholes hit traces of copper they were sub optimal, that only showed they were in proximity to a mineralised porphyry :-((
What today's posts have told me is that no one, and I include myself, has a clue about what is going on with Ascot, BR, FootRot etc etc. Mine, sell who, when, how much!
CB spends an inordinate amount of time with the Roast, sometimes Sunday and Mid Week in the same week.
But nothing he says is market sensitive, it can't be. I'm sure the Roast guys are good honest fellows but their questioning is hardly forensic!
The ONLY thing to do is to wait for an RNS or two because that is when the market sensitive factual stuff gets released. And that is when we will all find out exactly what is happening and when.
Continue with the speculation, mine, sell, who, when, how, but that is what it is.
Lol
I think there's a bunch of them that go cycling together?
Can't recall when the source of that was...
I may be connecting dots that don't mean much but...
David Wood, who is the Discovery Manager for AA in Australia, has provided several skills endorsements on LinkedIn for Quinton Hills, who is our Exploration Manager/Geologist at Bushranger. Wonder how they know each other?