Member Info for Joeman1

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Hopefully that works.

1st December Sneakerking...... and the report that held up the DFS and the DFS are supposed to now be in Q4 of this year.... that means fairly explosive news should be coming in the next 4 weeks......

I will be disappointed is this goes to the 4 weeks and on the last day suggests another extension... but I dont think that they will. It is my hope that the radio silence is due to the significant amount of actual work going on this background...from lining up the Trial Processing plant, and preparing the site for it..... to the release of a transformative DFS.....

Ducks on the water look like lazy buggers ..... but underneath the water they are paddling furiously. ....

Thats my hope anyway.

GLA

I agree Steve, I think we will have a technical review of the updated model like we did earlier in the year that will do 2 things.

1. Will give us an idea of the mass of mineralised rock they have evaluated so far (still open NW), which im hoping will give us a warm fuzzy feeling that we are at the 2MT there already, and
2. A technical evaluation of what they believe they are seeing from the SE anomaly and how they plan to prove it up from here, rather than getting individual hole results, which sound good but mean not a lot to me and having to rely on Icebergs posts to second guess the strategy.

Thats why so many holes drilled without an RNS, they need to build their own picture and plan before they tell us all in one go...... If I was Colin though..... and I wanted to keep the sparks going, id release one more assay result and in the follow up interview with Zak, give us PIs a date for the technical review of the model.....

Ive opened door 1 of my advent calendar, the official countdown to christmas..... Give us a date for the technical review and ill start another (shorter one) to the real christmas....... Call it christmas as calculated using the Birdian calendar.....
GLA

Remember, we are now expecting them to provide us with an updated model in the near future...... that might slow the reporting of assays. Its obvious from recent RNSs that they now do a bit of presentation work together before issuing the results from the lab.

If im honest id me happier if they spent the time on the model update and rolled a few Assays into this.... rather than keep issuing them as they arrive ..... into a market that doesnt seem to be that interested in the individual holes.

The rights dispute around Kalengwa came up over a year ago im sure and was put to bed in terms of which company has the right to exploit it.
I didn't think it was an issue any longer.... I cant see how it would affect either Manica or Bushranger that are in different countries and those are the concessions 95% of people are invested for imo.

Me too lucky...... seems like Santa Claus might be answering letters from big boys too. I sent it up the chimney last week.

Thats great Andy, so a bit of an improvement on what was stated in their last video....where they thought Q1 for production.... Andrea is now saying that they have had a great amount of discussion with MMP on their construction progress and they are expecting to get into production by year end (only 5 weeks guys)...... with revenues in Q1.

So it looks like they have managed to pull this in a little.

Shame we need to hear it via Empress but I suppose in terms of the priorities for MMP....... money talks, we just hold the licence.

How far back are you looking Ella.... ive gone back to the end of last month and the EOH value is 498.4m, and the 19th August RNS for hole 12 supports this.

On that basis Chris, I think the next revision of the model will help anyone put numbers against the current understood size of the deposit.... which is likely to be significantly more than 500mt (Colin drew a line at 1billion on the investor presentation and that was before the first drills in the South East came back showing visible mineralisation).

XTR wont have enough assays to calculate the contained copper.... but we will be able to estimate what this will be in contained copper based on 0.15, 0.2,0.25, 0.3, 0.35 ....etc..... Hopefully that will be enough for new investors as im expecting this will show the company value of Bushranger to be a lot higher than 5p

The % of copper being returned might not be high at between 0.2 and 0.4, but the results are consistent and that is a positive in it own right.

just my opinion of course GLA

Maybe another investor podcast with the technical team will move this shareprice, going through what the model currently looks like..... if its just the estimate of mass of mineralisation would they even need to RNS it first? Without the assays they need to avoid making forward statements of course.... but can they do it ?

Over to you Colin

Steve, ive always been interested in hole 17 and the IP results registered to the east .... with the apparent bridge in the IP signatures right where hole 17 is....
The lack of any mention of this from the company after that initial model was put out there and then discussed in the technical call makes me think that they are less hopeful of this giving us anything.... so they are focusing on Southeast and South/ Southwest signatures and these seem to be returning positive visuals.

I do hope i am wrong with this, as it would be yet another area of mineralisation ..... and yet another area not to sight the processing plant

Who would vote for 15p? The Manica hard rock and associated concerns are worth 5p easily. And Eureka could be easily worth the same again.

I'm sorry I can't see the votes coming in for a 5p Bushranger.... Colins literal words..... "This (BR) is not a 5p mine..... "

Reasonable terms. Its usually much more Draconian conversions for CLNs. Perhaps that is because Sanderson are already an investor, and so see the benefit of protecting their investment from less scrupulous financing options.

My understanding is that the locations identified for the remaining phase 2 drill map have been approved.

Before they gained approval for these, they had already finished the last hole from the previous round of drillling. However they kept drilling, just going back to previous pad locations and drilling in a different direction or at a different angle.

My point being...... I think the license or permit covers the drill pad locations and not so much the length of the drilled hole or number of entries from same location. Happy to be corrected, but thats the way it seemed to me.

So we might actually get 3 or even 4 holes...... depending on the EOH on each.

exciting times

Another great RNS.... I have to admit though, ever since Colin mentioned it.... ive been forward gazing towards the model update. I wonder if they will give us something next week on that.

Totally agree with the comments....

i'd be happy not to get any results this week, even if that meant a small retrace..... but then drill results, assays and updated model next week. We might just get a good movement on the back of that.

Well before my time George.... but there has been a failed South American mine since then.... but as well as that, be careful not to confuse share price with Market Cap.

Not sure how many shares were in issue at that stage.

Since the last interview where Colin talked XTR he mentioned the updated model that will at least give us an idea of where we are in terms of tonnes of mineralised rock..... Im wondering when that will be released as I think that it will spark a good bit of debate and analysis.
If it is enough dirt to make the 2mt if the avg Cu% is say 0.3 to 0.4 then I think that will really fire things up.... most of the jigsaw pieces will be out of the box then..... its just a case of starting to put them together.

We hope so......