Member Info for jwoz

at a guess COPL

No idea doog but would make sense they go a bit further away and use a median angle... so maybe 500 meteres or so and 60-70 degrees. issue with the 3rd, 4th, 5th is that you have to go around the houses a bit as the mineralisation my not spread as far east than west, for example, so if drill 3 goes east it may have poor result and people may cry for no reason, whereas if it goes west everyone will wet themselves sooner than later. so now its about getting multiple drills round a birds-eye compass point view attack back across the same strike point...... I think.

happy to be corrected on that though

Its a long time since my A level maths but i just had a little dabble with the triangulation.

Starting with 1000m downward @ 45 degree angle followed by a 900m downward hole @80 degrees starting c 300m horizontally from hole 1. I get the adjacent of the triangle at c707m for the 100m hole and therefore the 300m gap isn't even half way along the horizontal plane to where hole 1 effectively finished. 900m down from there @ 80 degrees gets further down than hole 1 by some way and intersects the hypotenuse very early on..... meaning the two end points for hole 1 and 2 are now miles away from each other (well, not miles but a long way...) almost the full 700m of the horizontal plane i make it. and this is just 2D. we havent applied an effective 3D z axis drill to this yet.

trying to get my head around how huge this is. A visual would be awesome if anyone's had a go.

OOPS https://www.londonstockexchange.com/news-article/XTR/bushranger-drilling-programme-progress-update/14853497

when the assays land from hole 1 I suspect.... which shouldnt be long

It really is starting to seem very impressive and exciting. One of few in this space that you cant really find fault with. I know the SP has suffered and investors have been scratching heads... but aside from that it looks like its been shaping up an dgetting poised for an almighty lift off. Probably not that steep or erratic either, more constant and gradual (which is always better).

Wonder if the GH chatter is true. Seems a bit hopefully but can also make it make sense very easily given the acceleration this is probs about to see.

IRR are probably best bet , given they have Lithium and Gold. the slew of impressive RNS in 2021 so far is showing the company is going through a hugely positive point of pivot/inflection.

SAV are de risked and further forward but a slower burn

KOD are frustrating. Still no license and still no result from the Chinese 'review'. No question their Mali prospect has Lithium and China are in Mali for Lithium but it is dragging massively and up to 12bn shares now i think (starting to smell like VAST). If you like the look of KOD you may as well buy RGO as they are funding providers who own a chunk of KOD is things do come to pass and they also have other investments/assets across AIM.

To be honest RGOs story (and rise) over past 12 months is incredicly impressive and has gone massively under radar probably because they sit behind the scenes and provide the funds rather than trying to find whats in the ground. They are 000's of % up though and already generating income / paying dividends.

So personally would say IRR and RGO short term. SAV if you are patient

O&W i agree. Surely that goes to show that XTR is succeeding at what explorers seek to achieve... find a phenomenal discovery. Which isn’t always done at the first attempt. And when its done all others pale into insignificance. Your view of the Arica assets is both harsh and fair. They seem fine. OK. could help the company to a modest place. But by comparison to Racecourse/Bushranger they aren’t seemingly in the same league.
Which goes back to ST's comment and my honest view by reply. CB has been a chair/exec chair and CEO and he is one person. Seems to me he has been trying to find ground-breaking discoveries in metals he is clearly passionate about. Which is a treasure hunt and doesn’t always pay off (risk of AIM) but when it does it goes one of two ways... either a good climb on a good discovery. Let’s call that B grade treasure. Or meteoric rise on A* discovery. An A* defecates on a B from a great height when the two are compared. But a B is still a B and worth money. Much more than the tiny MCap of the sub £10m explorers.. so they remain valid and serve a purpose.
Obviously the 'time to find' matters and dilution plays a big part (see the VAST sh*t show for that or even KOD) so it relies on connections, relationships, and reputation.
Bar having a few chat board groaners it seems to be that CB is respected in the industry and thats why his outfits are on their respective climbs now they have shored up the location of the treasure they wanted (all affiliated or same metals too might i add - to reduce confusion or conflict).
So yes Bushranger is the A*. The company maker. The meteoric rise chance. But Africa would have been fine to get XTR to a better place than is was in 2020 and previous.
Both BZT and GLR are going to do well from Africa based discoveries too. BZT also has the Mankayan prospect which is another example of CB clearly just looking for Treasure as no one denies the potential there – could be A* - but the practical side of getting the stuff out the ground can defeat.
Looks like XTR and Bushranger is CB swansong. And the 2020-2025 EV metals rush is perfectly time for the end of his career and to see all his projects climb, multiply and culminate through growth phases having dwindled previously while the market in general struggled.
Seems a good story to me and def not worth raking over CBs tribulations (ST) when its all now past tense and the pain / hard work is starting to all come good on many fronts.

If thats referring to a tough period between 2014 and 2019 where there was lots of funding rounds and not a huge amount of progress then CB is most def not on his own. Not blame free but in amongst many who stuggled.
He is a chairman and has interests in a few places, which could be seem as a conflict / distraction but tbh it seems mostly about here GLR BZT and Jubilee

All of which seem to be shifting gear now the market is ready for them.

My comment is more about the now, taking all factors into consideration..

To find a reason to be sceptical, pessimistic or anything but excited. Trawling info from all sources, looking for a crack or anomaly to suggest where this could be a house of cards or a typical ‘its the AIM afterall’ risk.

Alas i quite literally cant find anything.

All i get is more and more informative evidence and fact based insight to suggest that the current MCap at 5p is a ‘new’ rock bottom base of what is pretty much a guaranteed moderately impressive rise in the near term; and what could be a truly meteoric climb over next year or so

Anyone want to tell me (or better yet show me) otherwise please do......

https://www.londonstockexchange.com/news-article/XTR/bushranger-drilling-programme-progress-update/14851595

After a busted drill RNS i cant imagine CB decides to miss a day and adjust the 'daily updates' mantra. HE had a day off from Zak too so i'd say a 2nd RNS for Bush and a sharetalk interview should both be on the cards today.

doesnt make s difference to anything really if they dont happen... but past performance would suggest it to be likely.

738m so far id guess, having lost a few metres from busteddrillitis... getting up to 946 total, as stab in the copper filled underground dark

Just in case anyone had forgotten about the scale of the other projects / assets in amidst the racecourse / bushranger excitement
https://www.londonstockexchange.com/news-article/XTR/eureka-copper-project-drilling-and-bulk-sampling/14850545

The board buying moderate chunks at incrementally higher price points says a lot more about them, their intentions, about the business as a growth asset and is far more helpful to shareholders than him trying to land grab and hoover up too many too early.

Also, we all saw what happened with EUA yesterday when a board member messed around with big numbers. whether its going in or coming out - no one wants that.

https://www.londonstockexchange.com/news-article/OMI/director-dealings/14843305

I think everyone involved likes XTR and wants good things. Seems minds arent meeting on items which are currently speculative.
Lots of capital letters and random spacing are probably antagonising one camp.
Unnecessary scepticism and lack of implicit belief effecting the other.
Solid rationale and base case assessment is flavour of the day which is pleasing from a spectator view; in respecting the parties involved on their intellectual merit... but its all a little flirtatious

Lets just say we would have lost Eddie Hearn a long time ago with this level of bants

https://www.londonstockexchange.com/news-article/OMI/colombia-update/14838142

This is the best post ive read in such a long time
Whoever you are mercman.... salute

Berts - smart move bring GGP here.
There is a truck load of RNS, press, historic data and interviews to trawl through
this board was very good until recent
unfortunately as the drill descended into the ground this board descended in to chaos and vultures started preying/spouting/doing whatever else they do

BTC speaks wisely to avoid reading here much
unless you find it all a source of amusement and can leave emotion at the front door.
Can be hard at times

News's posts are sensible and JDAU seems on it too - if looking to trust any content

what about if at c11.58 today another RNS lands saying 'hang fire - it was just a break after all, we've gone 30m deeper to check and we are back on'.... which is still possible.
However it isnt necessary. Results from the experts view, with subsequent assays and horizontal drilling to establish 3D scope are all happening imminently. within days.
6p feels low given how that was reached originally, even with the added MCAP of new share issue