Member Info for Firwood

So the company says when copper was at c8k per tonne we could sell for half price and still make a profit….
With Increased prices and lower recover rates this could well be the best bet we have ever been involved in,
The next trading day is another month closer to the updates I’m sitting pretty here now with 1mln shares in the bag, patience will prevail IMO,
Great weekend all,
F

Onaplate, 376 reactive posts, not 1 of any value.
Phhh

This share as of yesterday hit the pocket pivot buy point, a buy point observed by Dr. Chris Kacher when the sideways choppy markets of 2004-2005 were making base breakouts fail. The pocket pivot concept is, in essence, a favorable early-entry buy point in a stock. Buying pocket pivots are to our advantage because they get us into a stock early often before it breaks out of its base. It also enables us to add to a position in a winning stock as such stocks often have multiple pocket pivot points as they move higher.

They are paying above mid price so expect some sells to be blue trades.

And mm’s will take way more today than any time in recent weeks, quoted on 300k just now…. In the words of buzz, not today sir….

Demand for copper is set to outstrip supply in the coming years, with the second half of the current decade accounting for most of that growth. The report mentions that global copper demand will grow by 3.8% in 2022 to about 25 million tonnes. This will need to be offset by new discoveries, higher production, and most importantly, new mines. Some companies are already racing to fill the gap.

And we are set to become one of the lowest cost producers worldwide…….

Tj67,
hopefully we’re good to go now, Thr recent leak shows the wash plant is running, also having the guts of 300 miners ferreting away can only be seen as a plus,
We’ll just have to sit tight and wait for the update buddy.
in the mean time……
No news is no bad news….
Best
F

I would have thought staying afloat now is not an issue at all Sandy, Many of the development hurdles are cleared, unforeseen problems dealt with, (sure there most likely be more as with as my business) we are mining, producing, storing, selling,
Making money, actual profit as from this month so looking forward to the coming months,
This is the quiet period, quiet but busy and there’s a few months to wait until we get the news,
I’m lucky I do not have a timeframe with this and patience is something that will pay off here massively IMO,
I have my quota now, with some dry set aside so sitting this one out and watching the shenanigans of the BB unfold. I expect all the usual spacemen and their followers will be back here soon enough filling the place with nonsense, on the plus side the few that are here now will be long gone,
Happy Sunday
F

Sandy ‘Whatever is wrong with Vast, which is plenty, neither the asset itself nor the price paid for it are on the list, IMO’
Surrey this is the top and bottom of it bud ?

Fantasy and Sandy thanks for your input here, Plenty to follow up on, I do think Fantasy some of the points you make in your post are only to be expected within the development, I was sidetracked when following up as I came across some recent articles on Euro Sun and the eye watering costs they are expecting on their gold-copper asset in the area,
But they have put the figures out there, I am assuming investors here feel buttered up in times gone by, but benefit of doubt I am giving and not doubting my own decision to get in as I do not see much to make me think otherwise, things do come up and do not always go smoothly, best laid plans and all that,
Oh and also anyone who has ever had people under them (most of us I am sure) has told only what needed telling at the time for the greater good, that’s business eh….
So Yeah, Thanks guys, I appreciate your replies.

Was the value put on the mine back when AP took charge in comparison to the value today ?
Grown up answers only please….

Sandy,
‘But fortunately, I think Marcus Brewster, Ruben Fernandez and Edward Hollings are much more important for BPPM’’
Jesus……

Most likely not the drill but I see Vehicle translating more to car than generator myself bud, and the drill is really a vehicle and it runs on both electric and diesel…..
BUT that said If you check the Aramine Facebook page you will see they do add posts such as ‘boomer off to Asia’ etc, Nothing to Romania has been posted but this obvs doesn’t mean nothing has been sent.
It’s just an observation….

Thanks Jay, I was looking at them myself last night, They do look to be the candidate, with depots not too far away, I did email them but am not expecting anything back.

Pecten/Sandy
I have listened to the v0x interview with management again and Marcus B does say the rig is multi functional, also the Aramine web page does mention vertical drilling with one of the products and it is the one on p20 of the presentation, Also the Aramine site says ‘during this time our stock and service policy enable us to guarantee the full availability of our products’ so the drill should be with us and working ( unless they sent it via the Suez Canal of course) but without confirmation in the form of tweet/RNS I do not believe it yet is.
I am still of the mindset VAST will not be doing the exploring, I cannot yet find this ‘local drilling company’ although I am still following up on this.
(I’m not turning into a number 4 am I ?)
Off to sweat in bed, up early….
F

Before I go searching any idea who the ‘local drilling company’ might be ?

Sandy, pecten,
Thanks for this info,
There looks to be options with some of the rigs but as I see no mention of these options in the RNS’s I too take the view the rig is for mining only and not exploration,
If this is the case then I see it logical that a contractor will now be brought in to do exploration. If this is the case then why now go to the extra expense of hiring in contractors when additional workforce has been recently employed… This coupled with the extra expense linked to the external JORC confirmation makes me wonder if this is now being funded from cash flows or from cash reserve from the late 2020 raise.
Thanks again for your input guys.

Sandy I am looking at a machine that can be used for mining and or exploration, so to my mind as the exploration is not due to start until 22 is this machinery just fitted for mining at present ? do we have a full spec somewhere as I cannot find one,
(I hope I don’t get accused of being a number 4 here now like 8008 lol)
Onaplate i am trying bud, but please don’t expect a full turnaround in one Sunday evening…

Sandy
‘Your attempt to rule out questions you don't like suggests an inability to engage with ideas or views that you're not comfortable with’
Well my parole officer said exactly that same thing and as I doubt you are him then I must take that one on board although I think more of it as a refusal than an inability…. :-) please take that light heartedly, I’m not really on parole, honest.

Sorry about the last post Sandy, your reply wasn’t displayed to me when I posted just now,

I was trying to enter into a discussion which may have gotten legs and been a bit more beneficial to the BB than the recent posts by both us and others,
I did direct my initial question at you in the hope of it getting us somewhere as I thought I’d just get a daft one liner had I chosen someone else to begin with.

So to carry on, Let’s assume the new machinery has not arrived, then the recent appointments are to do with mining rather than exploring, and although this must be a positive move forward there is now the issue of machinery…
I have looked at the jumbo and it appears to do multiple tasks am I right in that ?

(Now there is another 2 posts I cannot see as I am typing, I’ll end this one here)