Member Info for Carribean2029

Morning Richy
Good question
BCB and I discussed this last week, off board; I did not want to appear to be ramping.
I think Rupert made a massive statement in respect of Clarke in the context of Barnes. Barnes is a 400m strike length, but Clarke is 1,100m. Given he stated 200k ozs at Barnes, he allowed the listener and practically encouraged the listener to infer a neat 3 times resource from the Clarke area.
With that in mind, yes, your estimate is as good a guess as my guess and we are in the same ball park.
It’s not that the finish line is in sight, but in Ironman Triathlon terms, the swim is done and we are 3/4 through the bike….all the hard work, however, is behind you - the race is not the hard bit - it’s the months of training that got you there.

Morning BCB
Coming together nicely; Rupert and the board are on track, to schedule, with 65% ownership now under our belt, plus 100% on additional areas.
My spade has been digging fox-holes; I’m well and truly dug-in and sitting it out.
A five bagger was mentioned last week…..yes, of course it’s a five bagger. The journey to 1m ozs, when there, naturally equals a five fold increase in resources. But that’s only stage 1. With Rupert’s interview and presentation last week, there are some very clear inferences that Clarke represents a significant uplift to The JORC all on its own - dwarfing Barnes’ resource….and we have over 20 more areas to explore. Oh….and that’s not forgetting 6 IOCG targets which have already shown to be promising at the Regional scale and even at Geo-chem.
five bagger? Yes….and partly because they’re so few holders. My shares are all in SIPP and SSAS; can’t touch it for about seven years anyway, so ain’t budging or letting my grip loosen.
The future path and direction of travel has been well documented of late - so sitting in my fox-hole awaiting a very relaxed retirement.
Have a good day all.

And 40km is nothing in Oz; my brother in law often drives 400 mile round day trips just to service a tractor in the outback for his clients. 40k is the same postcode, practically. Skills are on the ground already. And Wudinna is a developed area and cattle station. Loads of infrastructure…..

Classic BCB! Rupert the bear! :-)))

Some really nice and juicy soundbites in Rupert’s interview on Proactive. Listen in and take your own opinion from it….don’t cry if you don’t take action, in hindsight….we are all clever looking backwards!

I’m very pleased with Rupert’s natural style - he shows himself to be an unscripted expert. Great skills.
ATB everyone

Morning Richy
You say ‘dream’?
I’m not really sure that it’s a dream, but more accurately, it’s actually the plan.
If we re-visit the history…..LAM holders Sell into IPO on main market on LSE - rather than AIM….it’s a significant statement of intent. There’s a clear path for their holdings to increase as we approach 75% ownership of the tenements. None have sold out a bean. They’re here for the monster return. If they just wanted a few quid, they’d have taken the AIM and enjoyed the ride for the last few years….but that’s not the intent.
Some holders come and go here, but the majority of shares are in sticky hands….for good reason. It’s only the committed and the patient (like the Lam holders) whom will truly see the returns here.
Holding, as ever.

All good Michael; thanks for asking. Hope you are too?
Craig has now left the building, and returned his uniform.
Great presentation from Rupert; mostly buys today….looks like it’s long term holders are settling in for the duration now. I don’t expect huge gains in the near term, but could be surprised by a whiff of success if just one IOCG deposit gets through the gravs…
If you haven’t watched the presentation, then you’re missing out on some seriously nice data and superlatives. Rupert just says it how it is, but his enthusiasm is vivid and apparent. In the immortal words of Gary Cinnamon, cobra ‘she’s a belter’

I seem to remember that I was slated last Christmas when it hit 1.8! Go figure….

Brilliant Wraith! Class act - that’s the way to do it….I, on the other hand, was in the bath whilst listening!
A big shot in the snakes tail today - it just underlines my own conviction on this.
Good luck all.

Good shout Wraith
That presentation is superb. I love the phrase ‘unconstrained opportunities…..’

Richy
I thought it was just under 9m, but I may be wrong. I know he was awarded 6m….I seem to remember.

DND….6 targets! I know…..great isn’t it?:-))

Good post BCB

I think we know who the seller is….
It’ll be all over in about a week or so

The key takeaways from the presentation for me are towards the end….
1. There are SIX IOCG targets, not 4.
2. The slide which shows the current resource map against the overall tenement area….
3. Ruperts enthusiasm

Given my timescale on this share, which is no secret, I am ever more comfortable that the first milestone of 1m + ozs (which is different to the previous goal of 1m ozs - an interesting gentle shift) is not very far away now….and that’s without the IOCG in the mix.
Holding, obviously.

Worth spending 23 minutes watching it….

https://secure.emincote.com/client/cobra/cobra002

Patience pays off….

I’ve nudged Charlie Stephenson this morning to organise a call with Rupert - I’d asked for this 3-4 weeks ago.
Topped up a little today. Only another 80k, but every little helps….

Same here old man
Hope you’re well?
Stay safe
Caribs

Morning BCB and Burleigh
Indeed, thanks BCB; it’s been quiet here for some time, but I think that’s not surprising - the lack of regular progress updates is still seeing this sit in many people’s bottom drawers.
That said, I’ve still got my growing holding - anticipating holding 1% ad Infinitum, no matter what the raises are to take us to 75% ownership and into production.
We’ve got 65% on the horizon this year, or early 2022, so not really stressing. I might be if the situation is still the same in 2027….but There’s a long way to go….one only has to remember the Ggp early holders and the number of people that lost patience.
Sat….on hands…waiting….and strangely, enjoying the rarified sun in October….no fuel down here in the Dorset sticks….which is great as the MCT’s from London can’t travel here this weekend! Happy days!
Have a great weekend all
Caribs

Another great post BCB
Thanks for the update
Caribs

Good post BCB,
You know where I sit with this, as does everyone. Holding. Long and strong. Just the million Ozs is a great big fat return, plus the definitive statement of 65% interest.
Keeping the faith, and I promise not to be smug when it eventually comes good. It’s likely to be a rocky road, but it’ll get there.
Hopefully Rupert will begin marketing this business more pro-actively…..but not too soon as I want to keep accumulating. :-))

Ok, nice one Richy
That goes with my thoughts last week that the aerials have given us the targets, but a land based gravity survey is now underway to define it…..crikey!
Holding, naturally!