Member Info for fulmar29

I have wondered recently Copper if you are right and if we are not seeing drills as we have been approached by someone keen to take us out early ? I really,really hope not !

Having released the first 4 RC drills,I am surprised (as we know they are completed) that more results haven't been released yet.

Absolutely love it !!!!!!

All doom and gloom previously @2.5 and obviously done his homework here again (NOT).Probably back on the payroll somewhere again.Well when it turned up before we nearly doubled in value,so I am well chuffed to see it .How ya doin pimple ? You've been missed !

@Copper.have a look at slide 7 of last corp.pres (12/7).(focus in) historical geology (old Anglo Anglo Am data I believe)shows assessed grades Kal N 2-4% to the west over 4% and further East where we have other sites more of the 4%+.we have just started at the outer extremity and all will be revealed.GLA

The 4 DD North I have thought are going to be pretty good as that is where the SSDP is and the historical tailings pile is together with one previous drill showing 4% Cu.If this goes below 4 I will increase my stake,but I don't think it will

possibly the 2nd 250k may be a buy which shows they are selling warrants to an eager buyer.All beginning to unfold

2x 250k warrants this morning-now under 10m to go-timing is all.

So min 20moz x min $100 =$???

have been launched with a new tech.One is to be used for tracking shipping,so non compliant 2020 emission regs shipping may be one target ?.

@Jerry this was your post "Aren't other copper mines with c. 5m tonnes of Cu Eq valued at $300m to $500m?" that I quoted the figures from,and you are right ,it bears no resemblance whatsoever to your "ore in the ground" estimates.

@Jerry.They were not my original figures,but yours.I merely extrapolated what I thought you meant.I now understand what you meant and you are wrong (way out) and then I see the question you have asked Copper Your figures are wrong,and to ask a general question re copper values (or any ore).with no info. to depth. grades,strike lengths and locality is "a piece of string question"

I hope so Tommy.

Pretty sure he means we will have been sold by then,so cash will be in your account.
This week we had the first drills,in themselves steady but unspectacular.Even so ,well in line (slightly better) than local mines,and if the musings of our most pessimistic poster are correct i.e 5mt Cu mines selling $3/500m then the NVS statement that the deposit will be in excess of the initial estimate 17.5mt,so we are looking at 20/30mt min.i.e 4/6 times 3/500m.I'm looking forward to the next few weeks.GLA

Pound has already dropped in anticipation,may drop a little further on a no deal.But isn't it handy having the alleged governor of the B of E acting as a part time estate agent,and full time Remoaner.

Debt financing $5/10m what planet is he on ? we have already been told $500k in order to get to production ,upscaling would not cost anywhere near that amount.

Are you invested in Arcm.?

Sorry to butt in chaps.@Jerry.Look at the recent results.They show we are profitable,it's a technicality,but we are.As for resources in the ground you are right,but as soon as the SSP is functioning we will be at step 1.Producing cash and processing ore."a gamechanger".We have a product in the ground that the world has an increasing need for..Large copper/cobalt deposits are very rare and as we have seen recently are being snapped up at an early stage.I hope not too early in our case !.I am very mindful of the many potential negatives,but feel the "Conservative" fundamentals are right.

@ Jerry.All of the nine sites have been assessed as ore bearing, and an average of $400m would be very nice Blessyou.

$50 and $100 ? is that your estimate of the asset sale value ?