focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Gold kilo = golf ball in size
Always thought a kilo of gold was the size of a gold ball, abt 20x heavier than water by volume, but they have ways to xtract it anyway, no matter how tiny.
I echo the LTH greeting from our stalwarts, welcoming too all newcomers to the XTR family, I think we look forward to the weeks and months ahead, so much news to come from all projects, and bushranger certainly seems to be the cherry on the top.
Well done and good luck all.
Lets hope we can get together one fine day.
locked tight
Hmm... add Manica and Zambian projects into equation once they come on line through the year, and our position may look even rosier....
Being offered a few minutes back 5.455 to sell a block of 500,000, so someone is looking to buy larger amounts.
Having a sub 1.6p average in SIPP's and Isa's does look good for a long hold.
Hopefully no Icebergs in Kara sea thursday, will be plenty of Ice though.
Liberalisation = auto corrected from mineralisation
Should the decision to mine be made, another point is that once the processing plant is in place, it is fairly easy to utilise for the other nearby porfery's, large capacity conveyor belts etc are relatively easy to construct, and tunnelling from one deposit to another is common when using Block Caving type mining.
There really is blue sky as potential here.
We are still drilling, and maybe we can pop out the other side.
Somewhere I saw comparison to a tooth also, in through the enamel, we are passing the core, but will we come out the other side ore pass into the bone below, and just how far can we go, and what liberalisation is there, assays will tell, one day?
Jtb,
News has been lacking here over the years, so for us long term holders, hodlers, collectors, it is refreshing to see our leader being chirpy and keeping us so well informed.
You will have noted many comments re lack of news on Manica and Zambian projects, and we continue to wait.
Some of which have the potential in their own right to propel the mcap well beyond its present level. Very little is priced in here at all.
foot rot,
hi di hi
in d bin
Personally, I suspect we might go for the mining option, it was and presumably still is on the table regarding Zambia assets, so why not in NSW, where our new board member has long experience.
I know he even considered possibility of developing the alluvial terraces in Manica ourselves when talking with him a couple of years back. On meeting him he always had a sincere determination to restore the shareholder value, never did I expect quite such a step as Bushranger.
Thank you Colin.
GLA
Pear shaped sounds even better
If it is any consolation, I can get live quote to sell 1M shares, should I so wish, not often possible to see that, and to me it is a good sign.
No expert, but there can certainly be other minerals down there, (supposed to be zinc in the mix) it can be like an ants nest, with different intrusions, extensions , ore deposits etc, as it formed from the original, magma bubble, very interesting when you read about them.
Mineralisation increasing with depth, after assey results we will know more, the last photo of the new ones on the website was interesting.
I would hope for some news mid morning, it would be nice to get update on Manica and Zambia projects too, has drilling started in Eureka etc?
I wonder how long the trades will remain in chronological order today? Been all over the shop for a couple of days now?
One day soon maybe
Should be some Zn there as well, and mineralisation, there can be more than just those three.
Once set up, Block caving mining uses conveyors, along long tunnels to take the ore to surface, often such mines then continue to tunnel from this deposit to next from the original tunnel, the set up costs are big, 500m and up, these mines often process 60 to 120,000 tons of ore per day, and are set up to extract the minerals that are present, be it Copper, Au, Ag, Mb, Pb, or whatever, and the different spurs beneath ground can target different minerals dependent on the what minerals the ore mass contains.
But once set up the extraction costs are low compared to other underground mining techniques.
And so clusters can be mined very efficiently too.
DYOR and good luck all.