Member Info for C1p2D

Trump = risk on assets are back in business = gold down.

Long term doesn't matter, trajectory will be Au up.

US still has 40trn at interest and there's still the little matter of 2+ quadrillion in derivatives floating around out there...

*imo...

The tax loss is potentially a huge shot in the arm, no doubt, but here's my rampy comment for the year - even if that didn't get over the line, they can still take BM to production.

Tax loss is a one-off, while BM will be the real catalyst for starting the sustainable step change.

Unless Mike & Nick suddenly loss the plot completely, we should have a nice little safety net.

Calm down fella - We can tell your excited, but let's be honest, there's zero suggestion right now of any "outright takeover".

Let's just let the sp tick up as milestones get achieved in a nice timely fashion.

Move swiftly to becoming a producer would be my 2p worth.

If it gets over the line the term " fully funded" would actually mean "fully funded"

Imagine that...

Floor under the sp?

A long time ago.

Good to see im now 99.5% down on when I got in at 0.7

What a company

Agreed Max.

My belief is it will come good -but I think it's going to do it's usual thing until things are signed off and gold is coming out of the ground. BM is the first chance for this and personally I'd like to see them focus on this above all else.

Steady on max, flirting with heresy there.

Can someone post a nice long list of things which we hope will happen to get max away from the wrong-think please?

;)

Yes please Jace -

@c1p2d3

Cheers

One of the criticisms I've had in the past has been the priority of different projects and the "scattergun" approach they seemed to b be taking.

Last interview, they said BM has moved up the priority list - this is what we've been asking for, focusing on the quickest option to generate a return.

If they make revenue, actual new money into the business that's not just from raising, that's a big tick.

*QL Geos...

The part that is moving me from long suffering skeptic to (cautious) optimist is the fact they can mine the 1000 tons without drilling and move to a permit.

Crucially, this can be verified by anyone who takes the time to look it up.

The QL gets being involved is also significant - if you keep up to speed with geopolitical situation is clear that governments are looking for strategic mineral resources, this could be more significant than anything else if it pans out.

Jfc, maybe I need a lie down...

Ok.

That was very encouraging.

Able to get a resource without drilling

Something about cats and cream?

Looks like this is used after scans - so bucks spent already.

Ours is pre-scan

I hope so TS.

If this is the opportunity we hope it is then let's have a solid plan with due diligence, i's dotted and t's crossed.

The chance to make revenue should be all we are focused on.

That was the poster IKnownuffin, I just ran the rough numbers

QL look to be lighter than WA

WA the requirements for a JORC are pretty front and centre.

Let's see.

So, assuming circa 90g/t in every one of those 1000 tonnes

That's 2900oz, current price $2640ish - $7.6m before costs.

Open question - is that viable?

Maybe it is too fund further production.

Will still need to drill.

Will still need a plan.

To clarify - that quote is from Aus.gov guidelines on applications for mining leases in QL