Member Info for Dustyslay

Here:

"I guess the moral is that it's best to have experience of how the price action of these types of microcaps tends to behave during the exploration/production transition before jumping into anything head first. Otherwise Dunning Kruger probably comes into play ie it's so simple - the company simply starts production and the share price goes into orbit. Guaranteed. Except it's not..."

Senatorprime

Read investor33 post, last paragraph that pertaining the "Dunning Kruger" comment directed at Hamm for my rebuttal and stay off the Google

Tenbag you really are a Tard ain't ye??

I mentioned the word, because investor33 has used it at least 3 times since ive been here.

Try reading FFS, no wonder you spout junk

And their only missing it, because they await Manlord to spell it out for them. Unfortunately, his Geography exam got a C- from Ageos yesterday so back to the drawing board.

I picture him fretting on the office floor now, looking through all his notes sweating the dreaded Averaging conversation with the other half because he is in denial an Orphan period existed.

Ill get you all a Copy of the Lassonde Curve, ill probably send him The Dunning Kruger Conundrum, signed from DustySlay

Kongo,

Thats why I wrote ". Drill hole 9 was by far my favourite, 10.13% of 9.2m drilled from 26.2% which also struck 7m worth of 9.88% from 3m deep so ill be looking at future drill points in the circumference spot"

For that exact reason

Ah, the Classic Dunning Kruger cliché comment

Misunderstanding the Term: In an ironic twist, people often misuse the term to criticize someone else's intelligence, which in itself is an example of the Dunning-Kruger effect—lacking the insight to properly apply the concept.

Munchkins

Im fine with interacting with people, im not a lunatic or weirdo im capable of having a genuine, intelligent conversation when the opportunity arises. So I appreciate the Name, "Conductor" its far better from the Liar, Human Skid mark and Rubber Doll user im accustomed too. But I can only interact with whats infront of me mate, not a lot is polite or respectful so you just get this Dusty. I get on with all people, im very easy to get on with. But I have a low threshold for Bullies, jerks and insulting behaviour from intellectually incapable idiots who fester these forums offering nothing but hate and stupidity

Yes Gemrusty, but they are not doing that. Pitfield by large would take that long, but the Thomas location isnt Pitfield its about 10 to 15% and the AIM is to have that measured/indicated upgrades.

And the Cosgrove further expanded on indicated and upgrade inferred parts.

What a Ramper!!! Fantasist figures!! Zero hypothesis on reaching said valuations, i think the more sensible analyst would be 6 to 8p. 20p!! smoking that good 5hit this one

"Private Messaging is now available to all verified members on the website"

Fantastic, more options for creepy fooking stalkers to harrass people on LSE. Nothing good will come of that for sure, douche bags with an Axe to grind spamming

Tenbag

"Your 1p entry doesn’t look realistic at this point imo:

Im happy to concur with that, which in turn increases the risk for me to make an initial investment. The price of Oil, is maintaining a fragile SP in wait of impending agreements. A 1p entry, gives me leeway. A 1.29p Average, leaves me in a precarious position and a potential bag holder. Obviously in the other foot, everything you guys are expecting and potentially occurs its a smart investment. But im not a gambler

But don't listen to me, im an illiterate narcissist obviously

Hamm

Ive been impressed with the SP over the past week, as you know I said 1p would be a target entry and I should be there already, but its shown admirable strength and a good support level that has consistently pushed it North producing higher buys throughout the day (yesterday) and i do wonder if the Oil prices are whats prepping it up so far, so interested in a lower Oil price. But as for trades, a large spread is offputting amd discourages trading and anyone looking to invest now and im speaking for myself will remain cautious. As a Farm in, from this strong position would have serious amounts of upside, but on the opposite side it doesnt materialise even given your strong position could be disastrous. Hence my reluctance, its a true gamble in every sense.

Its a bit bizzare really, you can't deny the potential. And you can dismiss the notion you will ever have the Chinese over a Barrel, they will make sure the shoe is on the other foot and technically it is currently but you both have something the other wants so i think an agreement is there to be made

Hamm

"I hope you’re right and we finally get an RNS confirming the farm-out is sorted, but honestly, we’ve been waiting way too long. It all feels so vague and drawn out"

Sometimes putting what went on in the past aside, you couldn't be in a stronger position regarding a Farm out agreement.

What i will add Cev, is the Thomas location will still have indicated parts of the MRE and the plan is to produce a measured part, specifically from the centralised zone where the high recovery drills I mentioned occurred. The lower (Drill 13/14/15) will remain indicated but more accurate indication given the varying recovery rates further a field from the centralised zone, which within itself is pretty massive.

Also, Q3 can still be achieved but perhaps not the start. Thats taking into account the delay on these Drills, (January) its now March but now all 5 Drills are on site they will account more accurately but its not ideal to go off previous deadlines, or times met. I know ML will be like SB said this, and has met every deadline. Its not wise to go off previous, and a continuation you can only hope and know he will hope to achieve it. And it wouldnt be wise to say "it may land in Q3, but could be next year Q4 etc.

Cev,

I wouldnt worry about that, it will provide an Estimated for Thomas as this is where the focus on Upgrade is commencing. The centralised zone, of Drills 9 to 13 are consistent with the indicated resource estimate, some sections far higher in grade quality (10%) plus, Drill 15/16 albeit lower quantity still process high grades within the indicated calculations so its so far so good, they will have accounted for this already through previous drill campaigns. *See MRE RNS, specifically map of already drilled locations so its not surprising and why they have concentrated this drill programme on the central core. As for Cosgrove, that will remain indicated regardless as the drill programme is the expand the boundaries not measure the known area.

But Thomas is large, enough for 3 generations of mine.

Too early to say if they can meet the Q3 target for upgrade, so i wouldnt bank on it which is wise to say as this isnt early exploration buzz, these samples, independent assessment have to be spot on and thorough not just "we reckon" early days stuff. And there is a lot of drilling. But we live and hope eh

*15.8m to 20.8m (5m) of 8.11%

So a almost 50% reduction from Drill 10 results

For example read table 1:

Drill 15

101.2m Depth

From 2.6m depth start

Total drill lengh 98.6m

Retrieved Tio2 36.1mm @ 5.43%

Inclusive of 5m from 15.8 to 2.8m of 8.11% Tio2

What im taking, from Drill 14 and 15, and of course 13 is a reduced Tio2 content, of 101.2mm drilled only 30 something graded Tio2 contained. Ranging from 4.5% to 5.5% the map shows them further a field to main conglomerate of drill targets, Drill 9 being the most southern Drill of that target area but the highest concentrates. So plus and minus, a continuation of high grades in the target areas but a reduction in overall retrieval outside the main conglomerate of targets. Maybe muted response, is due to there being futher targets farther out that potentially could only have 20m of a 100m plus Drill hole

"Never trust Google is the big takeaway today Ageos"

Google, its just sat there in the RNS under Table 1 of the main intercepts. Highest being 61.3m from 2.2m start depth at 6.64% Tio2 but all close in terms of %, all within the Thomas indicated measurements bar 1, Drill hole 14 showed weaker results, and sandstone etc. Drill hole 9 was by far my favourite, 10.13% of 9.2m drilled from 26.2% which also struck 7m worth of 9.88% from 3m deep so ill be looking at future drill points in the circumference spot.

And I think "R" could be Radial, or diameter as it briefly mentions a wider, once deeper drilled showing of the Tio2 contents So 0.8" to 1.5" perhaps? But that's just a hypothesis