Member Info for DealsBoy

Based on a 12-hour shift (7:00 AM – 7:00 PM), 7 days a week with 3 active rigs cuts the expected timeline down to 7 to 11 months of continuous active drilling.

Operating every single Saturday and Sunday removes all weekend downtime, accelerating the project significantly.

The Core Math BreakdownAssuming an average hole depth of 450 metres (consistent with hole CRD042 targeting the full thickness of the Redmoor Sheeted Vein System), a 44-hole campaign totals roughly 19,800 to 20,000 metres of core drilling.Daily Rig Advance Rate:

A surface diamond rig in this geology typically advances 20 to 30 metres per 12-hour shift.Total Daily Team Progress: With 3 rigs running simultaneously, the site achieves 60 to 90 metres of progress per day.Total Days Required: Completing ~20,000 metres requires 222 to 333 active drilling days.

Recalculated Campaign MilestonesActive Drilling Phase: 7.5 to 11 months from the day planning is approved and the remaining two rigs mobilize.

This is their view of fair value / what the share price should be now! And it’s a very conservative number.

I think they would have been over 3% with the final allocation this month. But following JP’s recent take up of options / increased shares in issue it would put them just below 3%. I’m confident they are still holding all of their shares though. They know the value in LCCM and it’s not this share price!!!

Nice to put 2 blue days back 2 back. I feel an overdue move north is coming!!

Sounds viable to me. Quick look at the website and sounds exactly what AB was talking about.

Link attached but LSE may asterisk it out.
"John Peters posted a squawk on #SML @voxmarkets **************************************/activity/105775"

6:30pm 23rd October @ Rutland Arms 15 Lower Mall Hammersmith.

Hopefully is 2% W or could be more. Grades increasing at depth. You seem very knowledgeable re Cornwall / mining / Redmoor. Your other comment about the darkness of the cores was very interesting, they definitely looked dark so fingers crossed for exceptional grades. Any dark core reading you can recommend? / would be good to benchmark against other images where the grade is known. Cheers.

Better volume going through now 1.5M just gone through. This is a gift of a price. Easy treble up from here within 12 months. Maybe not exciting enough for some rainbow chasers though!!

JD completely agree with your 1 year target. Once the very experienced team get LC up and running and sending the copper cement “just down the road” to our already contracted customer (@ 85% of LME) this will be worth over 3p on its own (projection provided by our nomad SP Angel). DR Gole is on the case @ CARE and whilst your 5 year target may seem toppy to some if we hit the nickel sulphide that we are closing in on then 50p may well be on the cards. (For those that haven’t researched the Nova discovery @ the next door tenements it’s well worth a look!!). GLA.

Not showing on my feed. I remember it being a good first post though. Long time lurker and first post or new ID? Looks like we are blue on no volume!! IDKWTFIGO. GLA.

Full ask being paid. Only a matter of time before we are back over 2p!!

Cost of the cobre move was c$100k

Great purchase. Code 500 yesterday. I’ve checked my RNS handbook and it states that it means company is way undervalued following the purchase of a copper JORC resource for less than $100 a ton!! Where is my calculator 24,000 x $7000 = (minus expenses and extraction costs blah blah blah) good luck all.

Blue!!! Hopefully bottoms in!!!