Member Info for bonker99

Sorry, I only just spotted this :)

Did you spot who MOD share an office address with by any chance?

Just asking ;)

https://www.telegraph.co.uk/business/2018/07/29/private-equity-fund-appian-raise-1bn-snap-mining-assets/

Time will tell mate :)

Chart updated dropped - Google "MTR Blog".

Hey.

For clarity, I distinguish between what may be available by now and what they may release now :)

I'm pretty darn sure they'll be sitting on at least one assayed hole by now but whether they choose to bunch them all up for a big splash or drop them as they arrive is unknowable of course but as I said, I'm virtually certain we'll see assayS within a fortnight or so unless they've been on the pop for the last month lol :)

Re "significant" - I totally agree and, yes, you're right, both MOD and MTR massively understate and massively over-deliver - contrast that with your average BOD - it's called being professional ...

The fascinating thing about 162's fundy shouts and my TA shouts are how well correlated they are with each other despite the methodology being deployed to arrive at those numbers being chalk and cheese re our respective skill sets :) That should be an eye opener to anyone who thinks that charts and fundamentals aren't related - it's utter nonsense, they're exactly the same thing, charts just add timing info :)

@ Dakad - Likely as not it'll just be Copper here but many/most Copper deposits are associated with lots of other stuff like gold, zinc (which we AEM off) and lead of course so it's always possible. We are in diamond country too of course so that'd be a nice sparkly surprise - I've got a fiver on T23 delivering the goods in that respect lol

Afternoon BWM :)

I've already been back through the T3 discovery ANNs in 2016 recently and posted the screenshot in here and on Twitter. While I take note of your point on specific Trading Halt wording, I would draw your attention to the timescale between the drill hole visibility and the assays arriving. I'm pretty sure it was 3-4 weeks from one to the other so that maps nicely onto something arriving very pronto here re assays for at least one hole.

You may well be right of course and it'll only be further hole news, hopefully also showing good visible mineralisation. Ultimately, however, it's neither here nor there for me as I'm sure the assays will rock up within a fortnight or so, if not on Sunday, to give us what I think will be that promised amazing Summer here and August is the hottest month of the year of course :)

I'm rather partial to an Indian Summer too so for my own part, let the chips/SP go where they may, I'm eyeing the Autumn for a proper payday here.

Morning :)

Yup, I would expect them to have at least one assay by now on hole #2 and, presumably, some kind of read on additional holes since then with further assays in a couple of weeks time perhaps.

Totally agree about the 1%+ shout. The T3 pit is very economically viable at just 1% Copper as we all know (NPV $400m+ at $3 Copper, IRR at 38%+ but that NPV doubles at $4 Copper, gawd only knows where the IRR could end up).

Yes, on further "t3" discoveries it's not just a simple matter of saying T3 x2 to get to a valuation because there's huge synergies at play and the more new resources they find, the higher the synergy level on basic economic terms.

In short, the valution won't be linear on multiple discoveries, it will be exponential - that's not ramp talk, that's basic math.

Who knows dude, let the news do the talking :)

3.35p U/T close

Round 2 lol

Fisticuffs after market auction

Well that went pretty well - let's see what happens when we get some actual news lol

Some volume!

Well this is looking rather strong :)

3.25p is the most significant number between here and 6s but I'd be putting the Sunday night news ahead of any TA shouts right now mate so wotevs really :)

3.19p jesus my eyes :)

If there's ever one weekend when you don't wanna be out then this is it - I couldn't see anything better than this so I've just cleared out the rest of my ISA PF and added +£10k and +£15k at 3.21p

Bring on those Sunday night Copper assays

Blimey, that's a fat one.

I don't doubt it :)

Aye - somewhat curious trading again today, like what we had the other day but at a slightly higher price.