Member Info for bonker99

This could be THE move from Copper - no promises.

Yup, flying on the back of the latest US numbers. 2x adds by moi @ 2.099p.

Nice to see the actual asset - no wonder Beaufort were never involved here ;)

Rude not too mate :)

Heavy manipulation & BS "trades" :)

Nice "spread" BTW lol

Still feeding the beast then :)

Well like any other call you've got to weigh up the headwinds vs tailwinds and imo the tailwinds have it and then some in terms of copper supply/demand and pricing for the forseeable - supply is going sideways, at best, and demand is near-vertical for the next decade+. Lots of geo-political risk to weigh up too as almost all of it (in big mines) is concentrated in South America and if you're anyone but the Yanks then you *really* don't like that. China produces lots of copper but uses nearly twice what they produce so they *will* be going to market again for more along with everyone else. A sub $1.50 AISC as at our first PFS is very competitive against other mines and nets a tasty payback at c$3 Copper with an ROI of under three years to boot as our early grades are top-drawer along with the metallurgy. The current poitical tariff talk is nonsense and merely a means to an end imo (kill the Dollar - boost inflation) and when that plays out and meets its (real) objective, all commods will see strengthened pricing because of that. That's my take anyway - none of us know for sure how it will all play out until it actually happens but copper looks as good a play as any right now.

The problem with many PIs (if they actually are PIs - the thousand pros on this site will p**s on anything decent given half a chance of course cos a quid put in here is a quid less for their latest Beaufort-esque P&D ramps) is that they equate pivotal news to meaning that an SP will instantly fly up and that's not always the case of course - just cos you can't see it (yet) in the SP doesn't mean it's not there in front of your very eyes, if you've enough nouse/experience to see beyond the 6" in front of your nose ... I'll add this - what happens on the LSE in terms of price/timing isn't bound inextricably to what happens on the ASX. We're joined at the hip with MOD on the JV but that's their new money - what happens with new money over here is an entirely different matter and some people tend to like arbitrage opps when they're gifted to them ...

See the my notes on last night's chart update Mate, I can't make my TA view any clearer - this is how I nailed oil from $44 to $70 ...

There's some nervous thumbs out there mate .........

I'd strongly suggest that sitting in and waiting is very on topic in here right now mate :)

Read through some of the HC comments last night about the funding - some proper pros at work there throwing their toys cos it was done at the "discounted" price of 4.7c when the price has been at 5c for months lol, ya gorra lol Odd about the non-Australian address thing - I noted the Hong Kong underwriter myself - like a bit of Copper the Chinese ........... It all bodes well :)

2.4s is/one of the big pivots mate so I'm not surprised to see her need multiple attempts to break it but we'll be in no doubt when it's gone and it'll be the new support line/low SP when it happens though, depending on news, it may fly through it so fast and far that we'll never see 2s again - it's entirely possible, some would suggest expected even. You are nowhere near the worst trader on AIM mate cos you're still alive and in the game :) Many aren't and blow up completely within a few months so hang in there - there's no ropey Beaufort carp going to occur here and as I noted earlier, we've just come through a pretty stiff market test untouched and we're loaded to the gills with even more cash to protect us from any further shakes with ALL of the value here yet to be realised. NOTHING is priced in yet to the upside but it will be, it just takes time and "sentiment" here could turn on a sixpence such is our cash/asset positioning now. I can't help you with the Tesco baggies mate but it could still be worse - Villa here :) For the record, I've got another �50 hat to eat for charity if we don't see 5s+ this year and that doesn't have to mean Xmas either - anything could drop as early as next week ...

It could indeed be worse - my virtual PF took a -15% hammering across 80+ shares during the market downturn but one of the better performers was MTR which barely budged an inch so yes, it could have been worse, you could have been in almost anything else these past two months ...

I feel ya dude but we've all gotta fight that inner muppet telling us to walk away or just slice a little out to play elsewhere :) We've done the hard waiting, I'm as convinced as I can be that the easy winning is within our grasp :)

+1 It does indeed all come down to perspective mate - I pushed back at someone on Twitter the other day when they proferred up a 12p target here cos for all we know it could be 22p, there's no way to even begin to measure that upside because of the scale of the land and targets and that's now being matched by money up-front to go chase it - HARD. We've got a NPV of c$700m already on the expansion case with copper "only" going up by another half a buck - whos to say that we can't 4x that with copper at $4+ possibly netting MTR �200m in the process for a full 10x bagger from here? Less than 1% of the acreage drilled ffs and we've already got a quality PFS to put many other "mature" producers to shame! It *is* possible, we've got the land and we've got the money to do it and if it's there we'll find it ...

Well I'm afraid that the expectation levels of many PIs are, well, somewhat simplistic. The trading halt was called because of the influx of new money and the size of that money and quite rightly so. All that money will have done though is to seal the bottom in at the current price and, possibly/probably, oil the wheels of other developing news items. Moving the price substantially requires the subsequent +ve newsflow to feed through after the position taking is over and that'll be real soon here. Everyone needs to relax and not lose their nerve - the monster on the bid is just dying for you to to invoke your inner muppet and gift them your shares right now :) It'll come.

Not before the ex date mate.

on lads, you're not trying hard enough, it's a bit pitiful tbh. Tick, tock :)