Member Info for Jezzoo

That's a very good question Billy, I've never thought of that. Other companies stop product when the viablity has gone, recently we've had Landrover stop production due to over production for instance so I suppose it's a thing.

I should imagine a copper producer wouldn't stop mining, just stop selling the copper and stock pile the pay until the price makes it viable again (hopefully) purely to keep the continuity for the workers etc.

Unlike Range Rovers the copper isn't going to suffer left in a field for a couple of years.

Plus the fact we won't be doing the mining so we don't have to worry about such things .

We will have a long wait bit that's the figure CB said would work.

And you can have all the tonnage in the world but if the copper in it is worth less than the cost of extraction it will never be viable. If he could prove up another .7mt to get us to 2mt and up the grade with a few lucky holes we'd be "off to the races Zak"

I'm generalising and taking all that into consideration as I can't be bothered to repeat it, it doesn't change the fact that ATM it's uneconomic and more drilling of the same grade won't help.

I'm praying for US$11k a tonne !

I agree with everything you say NicetoMichu, especially the Bird will do what he likes bit.

Nothing I say on this BB will make the slightest of difference but it makes me feel better to vent knowing the old git reads it to judge how easy he's getting away with it.

I got it, hence the reply !

If they don't find anything with a better grade all they will be doing is demonstrating more uneconomical resource.

Risky.

Make your mind up BTTS !

lol!

You'd think they would hold on until the General Meeting, it's only two weeks away.

I'm betting we get at least one RNS nearer the date, Bird needs to sweeten this pill in the form of a stronger SP.

Worse, now you've appeared we know we are in for a bad time.

i had a feeling oldcolbird might be watching.

hi colin, sort it out will you !

you only appear when we are in the **** again don't you, i notice you didn't appear last week crowing.

why i are we still here ?

because you've still got my money.

I said the market wouldn't like him selling our first income in about 8 years.

When it gets to .25p I'll think about averaging down.

Mind you I did that at 3p, 2.5p and 2p, if I do it will probably slip into under .10p

Why say it then ?

That's exactly why the SP has tanked.

That $16m might as well be $160m as far as the PI is concerned, we won't see any of it, it will be spunked on rainbow chasing, the higher the figure he's got to spendthe more risky the "investment" with CB.

We need evidence of direction and investment ansd if we don't get it before the 13th Feb I think we should vote against the sale. It's not what I want ideally but it's the only tool we have to get CB to do the right thing.

Sp must be taking a run up, it's going backwards ATM

Gwynwin, that's the most interesting post I've seen on here for a while, do you have any more detail ?

HereforHemo,

Yes I agree we are coming into a commodities bull market this year, did you watch the link I posted ?

https://www.youtube.com/watch?v=5qelnyR54s4&ab_channel=KitcoNEWS

Quady said "By the way Jezzoo airbus has a working jet airplane running on hydrogen, they have announced a date of 2035 to go into production."

Yes I did see that.

"not" afraid !

Whilst I won't get into an argument with you Quady as it's time consuming and non productive, I will say that Slug's overall take isn't far off what's happening.

There are increasing numbers of respected professionals and pundits who are of the opinion that we are on the cusp of long bull markets in commodities and on the back of that a shift in power from the West to the East, woke conspiracy or not.

They have more of the commodities required to be the planet's top dogs, and they are afraid of upsetting people.

This is an interesting watch for starters. Willem Middlekoop

https://www.youtube.com/watch?v=5qelnyR54s4&ab_channel=KitcoNEWS

EV has a long way to go and I don't think we will ever see long haul air travel using battery power, the physics disallow it.

I don't possess an EV but increasingly, friends who have and have enthused about them have started to come clean about the downsides of long distance travel and the time constraints when trying to combine charging and business.

My take on future travel is the need for a lot more mass transit systems, trains in a word. You don't have to take your electricity with you on a train. The burgeoning home delivery world works on a hub system, something we had many years ago in the heyday of Steam. If you look back at vehicles in the 20's 30's 40's and 50's there was a market for small engined and EV vehicles to transport short distances from the hubs. I think we should revisit that system, I'm not a 15 minute city advocate but it makes sense for commerce.

I was watching a politics programme yesterday and a speaker was explaining in the Scottish Parliament that Net Zero will never be actually zero.

Anyway, what do I know, my wife has just informed me it's Saturday and I thought it was Sunday !.

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