Member Info for Egg1000

The recent gravity survey also highlighted discrete high dense zones and empire have previously stated that they think the copper came in later to the system and would most likely be found in discreet and separate areas of the system. There is no doubt in my mind that the bigger RC drilling campaign due later this year will be targeting copper as well as the sweet spot of the titanium. The RNS isn't detailed enough for me to understand where all these discreet gravity areas are, but it is mentioned. I am also in no doubt that this resource will be hundreds of millions of dollars in value. I'm just hoping that we can minimise dilution to the share price while we quantify what we've got, or even better a major coming on board to fund the exploration. Any softening in the share price it's just an opportunity to buy. The way to win in the AIM market is to buy when nobody else is buying and to sell when the herd arrives and stays like GGP. That's what I'm going to be doing. Good luck all

Early days to be talking about what they’re gonna do with the resource - literally they’ve just put a few holes in hence why the market cap is only £23 mil. It’s so massive, they just need to start quantifying what they’ve got.

Great opportunity for a top up . I got a chunk at 4.65p . I can’t wait for them to get back to drilling!

Copper is twice as dense as titanium. That’s why these highly dense new zones could be copper. Pure speculation of course, but it was mentioned in the latest RNS

The gravity survey could highlight the district scale discovery on a huge scale. the titanium is close to the surface, high grade, easily extractable in soft rocks. T1 jurisdiction not too far from infrastructure. This is just waiting for major to come on board. Most of the aim stocks are rubbish a few have prospects. Good luck all, exciting times ahead.

I think it will be the results of the gravity survey highlighting where the titanium is and targets for other metals, copper all positive. Can’t believe it’s still only worth 20 mil could easily be worth 30/40 mill on next update.Egg

EEE have a 70% stake in outfield. What’s the situation with the remaining 30%? Anyone know - thanks

I like your commentary DNP . a shortage of shares is good news.

I got stitched up on XTR and need to recover some loses . EEE has been a good ride though.

Just give me the funding - share price doubles and I am out - sorry just being honest

We knew it was district scale, significant grades, soft rocks and in the right jurisdiction The latest update confirming the economic value of the minerals has significantly de-risked now. Glad to have got in early but now Stake building. I don’t really care about the odd fluctuations now. This is going to be one of the most desirable projects for a major and should be worth hundreds of millions, once it can be better quantified, but could be worth £40-60m on speculative value quite soon, given how hot EEE is now and the attention it is getting. We now just got to trust bunny and co to get the best value for us over the coming years. This is the biggest risk now in my eyes.

Sorry for off topic, but I often pick up tips from other posters, so I believe there is another gem in FRG. . I won’t say anymore DYOR!

No games - it’s very complicated ground, difficult to access with a tricky local community to manage. I believe they didn’t want to share much details of their work as it attracts unpleasant illegal mining.

I buy AIM shares when they are well out of favour and this one fits the bill. Only way to make money on the AIM. It will need a fund raise at some point, so I have kept some cash back to top up - but happy with entry price / market cap

i am glad the directors HR issues with pay has been settled. Onwards and upwards.

Still worth a lot more than the existing share price. Buts it’s not worth hundreds of millions, that dream went for me

This is what they stated in the notes section of the ascot update. So it gives u an insight in their own assessments. The problem is that a more conservative copper price will probably be used for any buyout, therefore I can see the ore down to 0.1% being disregarded - it’s all about tte high grade element in imho and we need to finish off finding all of the ascot high grade element.

‘’’’’A cut-off grade of 0.1% CuEq has been used applying a copper price of US$8,800/t, a gold price of US$1,800/Oz and a silver price of US$24/Oz’’’’

Doesn’t need a placing for day to day expenses, only if embarking on drilling program which CB says he not going to do.

https://www.mining.com/copper-price-rises-above-9000-fueled-by-optimism-about-china/

its always been said we have tomorrows copper , not todays. this is sorth alot more than £16m

It would be good to hear the thoughts on this topic from the better informed on here as I believe it’s key to the value of the whole thing.

https://www.youtube.com/watch?v=AEIwR_0S7SEJust reminding myself why I invested and looking back at this presentation from a year ago. When comparing the original open pit with the new resource it looks to me they were successful in converting waste rock into ore especially around the SW and north. This was one of their objectives of phase 2 drilling. I just can’t see this team sending off the data to a 3rd party for an economic model only to be told it doesn’t work? I think the market has got this wrong.