Member Info for Dunston

Quality - squeaky bum time for the major shareholders. They have the most to lose of all the parties involved.

Fire size was 5 hectares at the time of this morning's RNS and has since increased to 420 hectares and wind conditions remain challenging. Hoping for a positive update tomorrow morning

Some new joiners to the action group today so holdings are well in excess of 25%

Those are reasonable guesses cowboy. Adam did portray it as a way of rewarding the shareholders so lets see how it plays out.

One other thing from the interview, when he was asked howmuch of the product the off-taker would be interested in - he said "all of it" and referenced the full nickel reserve and copper etc.. I was thinking the off-take agreement was for the copper stream only initially

Ya this is surprising to me also. Is it a normal strategy for an explorer at this stage in the mining life-cycle? Would be interested to hear of any other examples if they exist. Would also raise to the question as to why this wasn't done earlier if it will lead to less dilution compared to the death spiral fund raising of the past. It sounds like these investments in "multiple assets" was a very important part of the share issue. So is this completely separate from the off-taker? Or would other assets be more willing to take investment from us with the binding off-taker on board? It does sound a bit optimistic that we will be getting cashflow from month 1 and this will be contributing to the BFS bill. Adds risk if anything. Interesting few months ahead anyway.

When is the first drilling update expected here?

when you say it's a TEO requirement- does that mean the TEO wouldn't be complete without a non-binding offtake signed?

I also have a small holding. Will send in my details now

Have any of you gentlemen come across Metals Exploration (MTL) in your travels? Would be interested in your views.
Have started building a position here too ahead of first gold pour in Q4.

What are people's thoughts on the deal the Candy brothers will put together once they own the debt? Are their interests fully aligned with private investor once they own the debt? Why did they charge crazy interest even by mezzanine standards in the past? Contemplating adding to my position here.

ShinFalls - take a breath, bizzare string of messages from yourself today.
Nothing left to do at this point only wait for news.

Interesting to see peoples predictions for Q4 figures here and I hope they're correct. The current production issues highlighted in the last RNS haven't been discussed though.
We were told that October has seen maintenance reliability fall due to unplanned downtime (power transformer failure and pump issues).
We were also told that BIOX oxidation performance will take a hit in Q4 due to design air levels not being achieved and the blower being bought to remedy this doesn't arrive until Q1 2020.
I would have expected the predictions for Q4 figures to be less given the above or are other improvements expected to offset these setbacks? Would be good to hear some thoughts on this.