Member Info for itsaduster

Would your wife ask for the keys ??

Yes its good ...... but pity to sacrifice all sense of style and street cred to aerodynamics. !!! It will be a serious impediment to success but it does indicate an alarming stubbornness in the founder which could go one of either ways.

Does MTR potentially represent better exposure to the Kalahari prospect than MODDA. ?? ie are we likely to have better gearing. ??

Coincidental with Bonkers theory about dodgy trading on Friday. Shorters are notorious sly movers ..... almost by definition. I think that's a really relevant and interesting bit of news. Thx for sharing.

Samsung Electronics components made this amount of money. How many won to a dollar. Is that a shed load of dough. ?? This brings to mind the new Companies Drew has set up with the Universities. I believe their purpose is to develop applications and exploit ways in to existing products as well as new uses for our products. So IQE Electronics Products contributing to the bottom line. These Companies were the inspiration which began the latest shorters raid. They accused us of double booking profits. Rasmussen disposed of their poison pen letters smartly. So future site of their business will be interesting to say the least ........ yet more profit centres as we increase and enhance our product applications. Still hoping for Terrestrial Solar Power applications. Even a huge solar panel running along the Mexican Boarder in Texas

A good strong confident approach needed coming from a clear idea of the way ahead and the goals to be achieved to get market dominance. Always good to have some insurance and this can be in the form of a very supportive Government Policy and committed Investors. So far IQE isn't a bad example ....... and they have managed to get support from Welsh assembly as well as local Govt and Universities. Years ago I decided to back Drew and never regretted.

Still the backbone of the way we live. We get the French and Germans to build our ships and cars and the Americans to build our Planes (excepting a small slice in an AngloFrench effort at building a plane) But yeh a good perspective. Engineering is the way to go

I have been kicking around shares in small start out miners for quite a while. Made some lost some. Usually the big '' wait for it '' has been the drill sample grade results.whilst in the expo stage. You all know that long intersection with grades indicating huge amounts of metal. Ie SolGold. Once that is in the bag the sp rockets, hovers and then slowly slowly dithers down. The SolGold example is probably a bad comparison cos the logistics and need for such huge expensive drill programs in order to find the most economic way in;; make the reality of metal in hand a somewhat distant prospect for all concerned;; PI and Institutions. Whilst the SolGold find will have them mining for more than 100 years and see generations of miners come and go (As with the Rand);; our find I believe will turn out to be comparable in that there will still be mining on our Kalahari Copper Belts for many generations. The difference is our mining will be significantly easier and cheeper and our route to product comparatively immediate. So why do I say this. With SolGold the long rich holes gave the light bulb moment. With MTR/MOD our light bulb moment was the Geophys on the Greater T3 Dome to reveal at least 7 structures that are remarkably similar to the Geophys determination on the initial T3 structure against which a very significant ore reserve has been worked up. The trick is extrapolation then the future can be guessed at with much more confidence than a tip on a horse in the 3.30 at Aintree and if you have relevant scientific background you might judge it better than that. So for me the huge drill program isn't the driver here ....... its the Geophys and so confident are the Boffins they went to market for many millions ....... and other Boffins were also convinced so they gave the money ........ millions. I go with Bonkers in his assessment that the trading last week was dubious and confirmed by the closing price. So it might seem somefolks with loads of dough are setting the scene to get their snouts into the trough. I say '' Me Too ''. When I saw the Geophys I was happy to up my stake ....... a lot ......... and I am in at a very decent price taking advantage of all that dodgy stuff Bonkers is on about

Nexus effectively own 60% XTR only have 40 of any wealth produced by contractors. We need someone who can work our alluvials .......... anyone !! You get to keep a shed load of gold. THREE problems though :- 1) You have to finf where the gold is 2) You have to separate it from all the millions of tons of rock 3) You have to work outdoors in the rain. Please send CB a letter of enquiry. When you meet him ....... talk about horses.

My understanding this current campaign will only go for 400,000 oz The rest will be for other years. If go for the full 1.5 then all that money we spent drilling is just sitting there not benefiting us. Better we use it paying off debt or on buy backs maybe to make fsj . Not saying I am right !!

are going the same way as Omnia. They have also been with us for months and produced nought. Who pays for all this fruitless effort !! Weird !!

Thank you. I think I agree all most all your posts. In the past I have expressed annoyance at the lack of any Scientific Culture in our government. We don't value excellence either but prefer celebrate the arrival of an uneducated child to one of our governing councils. Sort of using '' democracy '' to cock a snoot at knowledge skill and experience. Its ultimate expression of course is your example of Mr Brown. If our legislature is filled with Arts and English graduates and trouble Makers (Shamless chakrobati) then our place at the bottom is confirmed and we will reap the rewards. Your closing point at 14.02 is the bottom line. We no longer make anything of consequence. Every major industry we have has been crushed repeatedly by changing government. H Wilsons white hot technology was Civil service speak for '' You should think I am clever '' The EU already are sucking every thing worth while out of UK even before we have left. Our smug self satisfaction with diversity will re run the Dark Ages me thinks (an up to date version) We need our own trump. AIMHO of course and not as eloquent or knowledgeable as Bilbo I conceed

Mmmmm not my preferred Geopolitical location.

at 9M its okay but if we get a barn stormer RNS next week then it is likely to be stronger ........ remember our lowly price.

Is it looking for Cu ?? Yes a huge drill program under way guided by state of the art well calibrated geophys applicable by experience to this domain or local geographic region. Cross referenced to good grade in situ copper. Or are we declaring a mineable resource. Well yes that too but this time it is an enhanced and upgraded mining resource and that will be released within days. Result ......... possibly / probably demonstrate a regional Cu emplacement likely to eventually give rise to many Copper Mines. Although Institutions and Private Investors arnt putting money into small Mining enterprises at the moment Mining Companies are paying attention to the small Cap miners. By extrapolation news flow is expected to be strong starting maybe next week and going thru to end of the year. Hence many think this to be a worthy investment short term and long term. Hence a break out and up from a long persistent wedge is a decent prospect for chartists The hoped for break out last week fell back at the end of the week but this week on second try the end of the week is a strong lift towards COP. The expected good news next week should then establish the break out. IMHO to all that. Actually not been that long a journey excluding the Discovery Mining time.

Break out of wedge today then ?? and confirmed next week. ??

Raco ........ We have had months on being told and led to believe Omnia were competent and experienced contractors. They have been linked to both alluvials and hard rock. Now a full 6mths later they have not produced any product. We have been shown big plant pics and heard how they have been doing the engineering and mods. Then we heard they have given up and left site ?? to go and work their own site. So it is clear there is something wrong with our alluvials. We cant find anyone who can work them !! That means our cash pile will dwindle paying CB and Joel (remember his massive pay increase)

Thx link ........ very provocative and neet science Whats your point about ITM ??

Looks like an expression of intention and implementation could be over a number of years

Ni price gone 11k to 15k and sp still wiggling at 4 ish. The flagpole is there but I know the flag is scruffy but it is there and might just be turning up ........... or its clocked the Ni price rise and is just waiting for the feaso in a week or so and then it will acknowledge. with a nice little re rate on sp .........maybe !! I am well up but will wait a 10x from here......... at least.