Member Info for andmillsy

Howezap that made me laugh out loud. Thank you. My view - XTR is too good/risky for friends, relatives and neighbours!
I've had similar discussions in the pub where in addition to copper I'm also advocating uranium which possibly appears an even wilder proposal.
I'm currently reading Our Planet and there is a danger I'll become evangelical about the desperate need for clean energy despite my scepticism about how we can make the transformation. Copper has a massive part to play.
Cheers

Maybe make a cuppa first
https://www.segracapital.com/commentary/you-say-you-want-a-revolution?s=09

Thanks Iceberg I did think it was very positive
- Lots more tonnage
- grades are good (enough)
- great drilling progress
- length of "unannounced" holes completed seem long so were probably of promise

Market makes me question my judgement but as you say it's a complex story and you need to join many threads.

I'm very intrigued by the whereabouts of hole 12 assays

Xtr just tweeted the following - courting Chinese interest???
https://twitter.com/ResourcesXtract/status/1461747924455637003?t=t_sFPTCBv3DlLP6eU_BzkQ&s=19

SP Angel on copper this morning China's copper premium spikes to highest in six years as inventories plummet

. The premium for spot copper over futures jumped to 2,200 yuan ($345)/t on Friday, the highest since SMM began tracking the data in 2015.

. The spike came as inventory level have sank to their lowest since 2009 this month, currently at 35,000t vs 230,000t in May 2021.

• Investors are betting on a shortage of industrial metals due to supply chain issues and strong demand.

• Positive news from Chinese media outlets that several cities have eased rules for land sales has breathed optimism into China's property sector - a key consumer of industrial metals such as copper.

Ella/Andrew
RNS of 29 April stated 20,000m
We are from 7 to 30 at 16,647m I believe.

"Following the successful Phase One drilling programme, the Company has decided to accelerate the next stage of exploration drilling at Bushranger by undertaking an approximately 20,000 metre drilling programme. The objective is to delineate the necessary 2 million tonnes of contained copper which is the trigger point for the Anglo American buy back option."

https://twitter.com/andmillsy/status/1461670591380041728?s=20

and fortunately with this share, unlike too many others, the use of bullish isn't a typo

Well what the hell was that all about - ridiculously easy 10% - however I will be holding.

That is great functionality to update live info e.g. share price and exchange rate.
Plugging manually into my excel I get
$50/lb = £3.90 NAV (Snooz £3.89)
$55/lb = £4.21 NAV (Snooz £4.19)
Today with spot @$47 NAV = £3.68 - sp @ £3.60 at 10.14 - top up time ;)

Blimey Snooz great job!
I'll compare to my rough scribbles tomorrow.
Very impressive.
Cheers

Any hunch on the later monster one 500k volume
tradeTime price volume tradeValue
2021-11-17T14:07:48.020 59 500000 295000

https://youtu.be/iDVzoj-vXD0

Ella
Good spot.
You have now earned the accolade of "eagle eyes" !
:)

Ella please explain the discrepancy ?
Thanks

A little Ella with help from CE at investor meeting but they've not really taken the offer.
Correction on NW / NE was a result of contact I made with them.

I would agree Noel based on todays price action and it certainly has had a rocket up it !

Bit of data on this - today is day 84 since 11 and 12 completed by my reckoning.
Other holes from reported completion to assays again from my calcs
7 = 66 days
8 = 61 days
9 = 70 days
10 = 78 days
13 = 57 days
Incidentally 14 also in the queue is at 70 days

From a Bushranger perspective I would go next RNS likelihood
1. 11 and 12 59%
2. 14 20%
3. Updated resource model (maybe an RNS) 20%
4. Offer from AA 1%

Of course Colin could have a different rabbit to pull out of the hat e.g different hole completion etc.

Hole Complete Length Assays Duration
BRDD-21-007 02/08/2021 846.9 07/10/2021 66
BRDD-21-008 29/07/2021 591.4 28/09/2021 61
BRDD-21-009 12/08/2021 735.4 21/10/2021 70
BRDD-21-010 12/08/2021 769 29/10/2021 78
BRDD-21-011 19/08/2021 673.3 3 11-Nov 84
BRDD-21-012 19/08/2021 498.4 11-Nov 84
BRDD-21-013 02/09/2021 855.5 29/10/2021 57

Don't worry SQ52 you could still write the RNS for XTR with the same level of accuracy ;)

Cygnus you aren't going mad. It was very clear from plan and cross section it was NE
I spotted the same and asked XTR about it and got the following:

>>>Good Afternoon Andy,
>>>Thank you for your e-mail and your sharp eyes! You are correct. As the plan and section accompanying the RNS are accurate our Nomad has advised that there is no need to issue a correction to the text for now. We will fix the typo in the next drilling update.

Hi Mojolse
Please can you explain your thinking on why XTR Bushranger will help BZT share price ?
I hold both and hope you are right !
Is it just the Colin Bird factor or are you seeing more than that ?
Thanks