Member Info for Gixxer-600

BHP is looking at investing in additional early-stage development projects as the company aims to grow its copper and nickel portfolio.

BHP chief executive officer Mike Henry spoke at the company’s annual general meeting on Thursday, suggesting the success of its current copper and nickel projects should inspire more developments to follow.

Ref: https://www.australianmining.com.au/news/bhp-hungry-for-more-nickel-copper/

I'm guessing the calculations are pretty much done. We do have one drill still currently running in the open pit. if that's the last I imagine they could release data on open pit rock volume, with a range of potential grades, in about two weeks.

Interesting overview of processes involved in looking for commercial metals/minerals. From initial rock sampling to drilling to logging through to the assay process...

https://www.youtube.com/watch?v=KdzygajAlmk&ab_channel=bpichannel

Not sold any yet A4444. In fact I bought £20k worth on recent dips which would have bought that V4S!

'He actually has 20m options.' - So at a possible ~35e6 shares @40p sale....Nice, could buy a few Horses to add to his stable. Me? I got my eye on a Streetfighter V4S...

Been some time since H11-12 were completed, the info from the visual inspection appears to highlight that these two could yield quite impressive results.

I wonder are the team holding these back until they feel the overhang has cleared or have they directed the assay company to focus on other holes?

19-Aug-2021
· Hole BRDD-21-011 was completed at 673.3m, having intersected 512m of visible copper mineralisation from 110m, including two intervals of stronger mineralisation over 43m and 162m lengths in the main (western) zone and one stronger mineralised interval in the eastern zone over a 49m length.

· Hole BRDD-21-012 was completed at 498.4m after intersecting a 187m interval of visible copper mineralisation from 204m-391m, with a stronger 74m zone of mineralisation intercepted from 204m to 278m.

*current share price

@shorteverthing- not sure if your trying to deramp to get a cheaper buy in however, to a degree, the current is irrelevant. Make no mistake the open pit and surrounding anomalies with be sold at a premium. Its oy after that the sp will matter should anyone choose to sell.

https://www.**********.co.uk/articles/traders-cafe-with-zak-mir-colin-bird-executive-chairman-xtract-resources-ce58d41

H26 is south of H8

Some thing like that - I guess it depends how keen AA are to get the licence back and if they wanted to go head-to-head with BHP.

Either way, if a company like BHP saw a way to get hold of BR via a purchase of XTR in it's entirety it would no longer be our problem. Well, unless we went cheaply as IB mentioned last night...

@BH - You missed my point - 'I'm sure such a major have the resources to circumvent the AA buyout deal.'

Anyone ponder a scenario where a company like BHP buy out the whole of XTR? - I'm sure such a major have the resources to circumvent the AA buyout deal......

News, FFS enough now.

>>I don't believe AA care whether they buy Bushranger for a billion or 200 mil, what a major is concerned with is a viable project.

I think they care very much and will want to get BR back as cheap as possible - You don't get as big as they have playing fair!

Agreed, Didn't he back it up with reference to the company he sold previously? As I recall he stated they bought the company based on CB, & teams, in house evaluation?

AA Monday morning Board meeting - 'So what do you reckon to Bushranger then, looking good eh, let's chuck in a cheeky 10p offer and see what old Bird comes back with'

AA Tuesday morning Board meeting - 'Hmmm, let's rethink that plan then....'

News: re 'Gixxer-600 Re: what the XTR Chairman said about Valmin code as above, why didnt you mention it when the 5p error was mentioned?'

I assume you are referring to the calcs carried out by theiceberg? - If so I think you are incorrect calling it an error. IMO it seems it was an attempt by Mr.ice at using the valmin method to come up with a valuation. Yes, it felt very 'lowball' but his attempt was more than anyone else seems to have done to date...

It hasn't News, there seems to be quite a bit of opposition to it. Still that does not detract from the valuation comparison.

https://www.bizjournals.com/phoenix/news/2021/09/05/rosemont-mine-held-up-jaguar-habitat.html

Final statement: 'if the offer is big enough and tempting enough, that's us history'

25p min then, based on comments from those that attended the AGM