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To be brutally honest Andrew i really don't give a **** how it happens as long as it does and we all make a pretty packet. For me, i want to take a couple of years early retirement. CB make it happen please.
Thanks howezap but according to Sunday roast we are viable and are hung up on this 2mt as they suggest. If we need to drill four more holes to prove things up, then they should get on with it as there appears to be no plans to do so. Seems that we 're dying by 1million lashes not 1k . If this turns out to be positive then those topping up at every drop stage will be in line for a massive windfall. I still believe this will turn out to be a good story and am one of those that tread where eagles dare. Would just like to see a reprieve for once and wake up to a positive share move. This board was buzzing not so long ago and that was great to see. As i said we will probwble know a little more in the next week
I fail to understand how whetever i read the news headlines clearly indicate a big concern re copper shortage. The message is clear. Therefore surely CB has put it out there of the discovery in Australia. So why has no one bit the mans arm off. We know it's got to be viable with such a concern. It would be a bargain presently. Saving a fortune if copper price takes off anytime i might add. Further more he has decided to drill additional holes. Why i ask re his previous statements. Since the decision however, there has been no forward movement. I.e. where's the drill. Is it coming. Do we have funds or are we waiting for cash to come in. When is the planned commencement???
It's no wonder that our share is dropping day on day.
I guess we might understand a little more on the forthcoming report in the next few days. There could be a reflection from the share activity on what we migjt expect. So far, not good.
Goldman quote supercycle....
“On copper, the forward outlook is extraordinarily postive. We’ll be at the lowest observable inventories that have ever been recorded at 125,000 tonnes. We have peak supply occuring in 2024…Near term we put (the copper price) at $10,500 and longer term our price target is $15,000 a tonne.”
They would not throw more money into this if it were not viable.
They must be expecting a significant viable increased valuation for the additional outlay. Not sure why this is at low key if they were considering a raise. What direction will the finances come from. Timing might work out for the copper price expected explosion.
I reserve my judgement Howezap
CB does appear to use his power words loosely " Tier 1 world class". Surely not all his companies have world class mines being explored. That in itself would resolve the copper shortage. Best i let Chinas leader know cB has cracked it
I like your confidence.
However years ago i used to make a small fortune on AIM
That is not the case now
It seems that anything on AIM is a licence to print money
Forthe CEO and members.
I have eight companies who have promised the earth, drilled many holes, struck aledged earths riches, only for two to fall by the wayside, disapear with my hard earned money and the rest still milking it. Forgive me but will only ever trust this when i see MY books balance. Until then it all remains promises and dreams which buys nothing for us and an awful lot for CEO's and crew.
Yes Ma i get your drift lol
Been heavily involved for sometime and have followed all that you have.
We know what we have minimum at Oz however until someone buys this for the liquid stuff then we cannot apply the cash is king scenario. We know it's there but still in the ground. Probably too big of a project for a minow like us to take on board. Therefore at present this remains in the non tangible bracket ( My opinion ).
As for the rest, yes agree that is tangible but not enough for confidence and to take up the Mcap value to the levels that we are all hoping for. Perhaps undervalued at present which i would put down to the current climate conditions.( Not refering to the weather either).
Another contributer i would say is CB who consistently doesn't meet tme scales which should be easily managed by himself . Maybe if he was a little less excitable then there might not be so much disapointment on expectation. All being said, i'm happy to keep topping up at present. PS i like you too.
Hello Ma
Good to meet you
Totally agree with you
The only issue is, we don't have it to touch and feel yet.
That's where the problem lies (unconfirmed assurances )
CB is selling the dream and a nice dream
Until he makes it a reality , it will remain a dream.
Myself, i will continue to top up as the gamble is a fair one and tips in our favour.
In for a penny as they say.
Well worth investing iffff you can afford to lose it ( My wise words ) or stay as you are.
Is it not the case where we reach a final proposal and present it to them at whatever the ultimate figure will be. IT'S a case of take it or leave it for the open market. We seem to have difficulty in reaching those figures initially.
We know we have some decent tonnage.
We know it's near surface and easily accessible to cover costs. We know this is a job for majors
We know copper is on the rise
We know demand is on the increase and will only get worse.
We know this is the future.
So what's the issue
Seems we are waiting for the figures summary which has stalled or CB is playing a waiting game ( can he do that?) for reasons known to him and what we can guess at. Share price is down because of confidence and the expectation that we are still a couple of months away before anything material comes out. CB seems confident with this otherwise he would be full of BS which wouldn't bode well with all the other companies he spear heads. This has got to be a case of waiting game.
Lets try again
Seems the stars are aligning in the correct direction.
https://www.mining.com/web/tecks-mining-breakup-sets-the-scene-for-copper-takeovers/