Member Info for bonker99

We're laughing our heads off at the "trading" here :)

That would be MOD's very own project-lead JJvR ;)

T20 dome complex around August - if we get that far ;)

Before I forget - let me add a note on that underground potential:

Those who've been keeping themselves appraised of what's going on in the wider Copper space will be aware that some of the biggest Copper mines in the world (Chile) are seeing their grades plummet as the low hanging fruit has been hoovered up over recent years. They have recently published plans for capex spending in the many $billions range to go after their own big 0.5% Copper underground potential because it's all they have left.

Just bear that in mind because as time goes by and the low hanging Copper fruit disappears on a global scale (and it already is/has) then that sort of capex spending/grades recovery may well become the new normal in this space.

If you're able to show you may have massive amounts of "low" grade 0.50%+ Copper underground then you could be competing with those global giants right off the bat.

Now I've typed that, I suspect that may be the best/most portentous post I've ever made here lol

That's a brilliant question :)

AFAIK, we skipped into the Tier 2 category with the resource upgrade to 60mt @ c1% the other day.

Rick Rule is here, however, because of the Tier 1/District Scale potential.

Quite what the threshold may be for Tier 1/District Scale is unknown to me at the present time but my assumption would be that threshold is a lot fluffier than the lower tiers. Many 100s mt of n % resource at least I would think and if you're a major looking for that kind of overall size for a big T/O then Cupric Canyon (c500mt) plus our adjacent land/resource(s) may well fit the bill all-told.

Ultimately, I guess you have to be looking for the T3 Dome(s) Complex to shape up much akin to how Cupric did with an initial decent find ballooning on further exploration (both size and grades as they continued to understand the geo better over time) because then you're talking about as many as a dozen significant discoveries within 50 miles or so of each other.

When you have that concentration (be it that the holes/finds are miles apart!) then you've probably already defined a "district" and you'd also have to speculate on how much more may be discovered in/under all the (big!) gaps inbetween the defined resources - especially underground.

I probably haven't answered your question there but that's as far as my thinking/knowledge takes me as of now :)

Yup, as and when district scale is proven here then all the numbers will multiply by a very hefty factor, both in terms of up-front lead-item costs and, of course, the revenue coming in off the back of that investment.

Find multiple T3-alike resources here and that revenue could well be in the 11-digit arena ($10b+) as the current PFS Expansion Case (which looks nailed already) on just the existing T3 pit (not inc underground) is already north of $2b @ $3 Copper.

I suspect but cannot know, that those costs won't be falling on MTR's shoulders and perhaps only on MOD's shoulders in part by then as there's just no way on God's green earth that MOD/MTR will be making the District Scale production calls imo - someone, somewhere will take over for sure imo.

I've said it before and I'll say it again, FWIW and imo, we may well see this North Eastern ground (comprising T3/T1/new T3 Complex domes being drilled right now) adjacent to Cjupric Canyon's more advanced project(s) taken out in one fell swoop (maybe even including Cupric Canyon themselves) leaving MOD/MTR drowning in cash and still with massive exploration acreage to go and exploit going forward via the remaining MOD/MTR JV (T20 Dome Complex to the South specifically - it's twice the size of T3 Dome Complex!) and MTR's new up-to-50% JV with KML ground on the other side of Cupric Canyon and to the West South West of T3.

Lots of options but the major thrust here I would humbly suggest is that district scale production is way beyond both MOD and MTR and I would expect deal(s) to be forthcoming forthwith if that's proven to be the case in this super exciting drill campaign.

Who knows on the very short-term peeps but multiple auctions this morning suggest something's going to move one way or the other pretty soon.

You really shouldn't be getting NTd at 3p, MMs "should be" falling over themselves to offload to PIs here and yet .........

I'm still hoping to be able to slide yet-another salary cheque into here in a fortnight's time at/under 3p too but I doubt I'll get that chance.

I can't recall the last opening auction here - anyone??

Some L2 shenanighans at the mo?

Presumably, if there's no good news down there then Terry Grammer wouldn't be blocked from buying more shares - he's our lead Geo so I would assume he's privy to what's going on - he may even be on site :)

+4.65% I'm seeing.

MOD should have that local/on-site assay lab up and running so turnaround time on current drill assays should be days not weeks - can't be more than a week or so away now I wouldn't have thought but it depends on how many they want to drop in one go, I'm sure they'd like to drop decent assays on more than one dome if they can :)

RNS more boot filling ...

Or skip over it entirely ;)

Tigers :)

I love the smell of a vertically rising MA20 @ 2.80p in the morning, smells like don't-blink-to-me :)

It may never hit 3p again mate ;)

Guess what?

I took one for the team - I went and stood in the back bedroom with the shower pump on so I couldn't hear anything before the first penalty.

I've just come downstairs again :D :D :D

I have no idea why Lingard and Ali are on the pitch ahead of Cheek and Rashford. Sterling at least worked hard for an hour this time before starting to trot around but I've not see the other two do anything all game.

Kane is amazing - here's to a Vardy winner.

Let's settle for millions of pennies first and we''ll take it from there :)

That's fighting talk :)

Cos we're not crooks and some (much) money in this game are Black Hat plays only mate.

I can't see the posts cos of my filters but I can imagine the content :)

There's some unhappy peeps about who didn't see this coming a couple of months back and aren't fully-loaded I'm afraid ;)

Shame really.