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This will get sold no doubt but I believe as others have mentioned this could be 1 ,2 or 3 years away as they really need the copper price to spike well above 11000 which will happen but not while countries are exsperienceing down turns and even going into recessions but it’s all about time now and how long do investors want to wait personally I have just sold my last xtr stake and put it in AFP which I believe could be the big winner here first .
This to me speaks volumes as to why the big players havnt shown any or much interest in takeing it on and this RNS sums it up really we do have something but not big enough to excite them which tells me this will not be getting sold any time soon unless there is a massive spike in copper prices and I believe Colin knows this which is why he is mentioning the open pit quite often and us doing it I really do like Colin and admire the man but feel this was over egged from the start
I don’t think the message delivered was very hopeful I did not get the feeling that this is absolutely commercial to mine but pushing the pre concentration angle to bring it up to a more commercial product does ring alarm bells for me if that has to be done
So basically it needs pre concentration to make it viable
That’s the message I’m seeing from reading this which I have to say isn’t very promising if you need to do this , only when the copper price substantially increases will bushranger be a viable prospect I can understand why colin doesn’t want to actually say it’s not a commercial prospect as he’s been so excited with it for a long time but I guess the chap on here who brought this to light was right after all
The chart of CDL from 13 down to less than 1 p is beyond shocking and reminds you that you can make a lot of money if you time it correctly but you can lose massively and very quickly
So basically if I had been offered a discount and then free shares I’m sure every investor in Artemis would of taken that up but no they say they have offered them to exsperienced investors so we get screwed over they will basically sell that 170 million over the 3 years possibly less and just take up the free warrant shares with no risk to them unless they have a bumper find which I really doubt it with their track record stewed and screwed again
So basically all the money they received from sale of assets has all but gone and failure to find anything of real value after all the drilling taken place what a complete disaster this company has turned out to be
Colin needs to pull a rabbit out of the hat here to show the market makers they are wrong to keep dropping the prices for all of his companies and prove they are exciting prospects
As it’s clear for whatever reason they just keep dropping the prices we need a stonker RNS of one of their partners to show the market this is serious
Let’s hope Sanfire have discovered something and they can give us a jorc reserve on their liscence which triggers
A success payment from 10 to 80 million provided there is minimum 200,000t of contained copper .
Colin did say these companies do not mess about so let’s hope he’s right .
Quite surprised by lack of any real news here on the Sunday roast Colin mentioned lots of news to come in the new year and we are soon to be in March and we havnt had much at all Sandfire and first quantum must. Surely have some results by now he did mention these 2 companies do not mess about but the proof is in the pudding let’s have some news please
With 2.7 billion shares in circulation and they couldn’t of put some of that to a standby system knowing how energy in Zambia can be intermittent is pretty poor especially when it’s damaged some of the plant ,Leon doesn’t seem to be able to think ahead and that is quite worrying .
If power outages are this bad wouldn’t you use your head to think wind or solar with large storage batteries like Tesla supply we know jubilee can afford it so why do nothing and just wait for it to happen again I just don’t get it
So with what I just read is Eureka a no go for Xtract does anybody know please they did put out drilling resin September 21 so figured it must still be progressing but not had any more news on it .
I was sceptical and I am cautious and personally the only crypto that I trust is XRP in the not too distant future every transaction will run on the Ripple ledger leverage of the XRP token as a digital currency instant transactions across all boarders no failure rate unlike swift and will usher in the new banking system if you see any news on CBDC from the Bank of England this is the technology that is going to be used throughout the world when you think or hear of digital cross border payments you now know of XRP .
Hi Ripple is the company behind the XRP token it is their technology that allows for cross border payments and any other type of payments that are to be made with the on demand liquidity that is the XRP token and what it was designed for , the Bank of England
Is soon to start CBDC transactions and Will harbour Ripples technology that has to use XRP as every transaction will have to go through ripples ledger each currency is converted into XRP and as it is instant and costs less than a penny to send there is no currency slippage this frees up the trillions bank have at hand and parked up in other countries to cover cross boarder payments and the beauty is ther is zero failure unlike swift system,the ECB is also going to start useing it ,all roads lead to Ripple and the XRP token being used I purchased XRP through EToro its well publicised that for XRP to facilitate all transactions worldwide it has to have a high value , a price of 10.000 dollars per token has been well reported in order to cover the liquidity needed , ODL is the future of Banking ,not financial advice