Member Info for LittleWing

TBTT... 1% in the Lachlan Fold ? Really ? Misleading at best or totally unresearched about what you are spouting.

Not only did we crack open a double yolker but we have the whole carton of them :-)

FWIW my take from the interview is that we are putting in place a program to prove up what looks like way beyond the "AA amount" of 2mT CuEqnbefore broadcasting that we have that 2mT. We will have to wait a bit longer maybe but the total worth to XTR is I believe way more having listened to that. Our 3% x 2mT @ $9000/T can be regarded as a minimum now imo. 12 month target of 50p + now is my expectation.

Father Ted... "you're generally looking at 1%?Cu to be a go-er with high volume block caving,"
Ermmmmm... Name anywhere in the lachlan fold that has 1%Cu. You clearly missed the whole module on lachlan fold porphorys. Resit of the entire class needed.

GZ... I believe those other planets are the place where todays sellers reside ? :-)

I expect we will see some hefty delayed buys from today published on Monday...

.... "The next 600m or so is no use to anybody, however."
I think the EV revolution will prove the opposite !

I believe the 3 years was an initial period for Empress but extensions to that 3 year deal will be negotiated ? That 3 years is something between them and MMP and doesn't reflect the life of mine.
Someone with more knowledge will no doubt comment further.

Rather than rush to broadcast that we have circa 2mT CuEq, would it not be better to wait a little longer so that we dont go selling say 3mT for 2mT ?

... which with a smattering of gold puts us somewhere over 0.3 ?

So... 0.2 to 0.25 then ?

investor12... no that would be 10%. the norm seems to be anywhere between 1.5% and 5% depending on geographical risks and difficulty of extracting the copper.

Im with JDAU on where a target could be. I suppose i was looking at around 5-10p before Bushranger came along. That acquisition has completely reset any previous targets as the prospects now are so much more tantalising than anything we had before. i dont have a target as i just feel this will be way bigger than what I was holding out for before Bushranger appeared. Several multiples from where we are now is the best I can come up with.

IWTO.. I also heard CB say the ultimate aim was to increase the JORC by x2 or x3. I did think we were ultimately hoping to achieve a JORC that AA would be interested in ? ie x6 so not sure what to make of "our monster" now tbh.

Why is xtr better than other junior miners?
Because the current SP is not even reflected in the Manica gold operations... then there is the Zambia operations. The Ozzy monster is in for free even after the SP rerates on the African operations. Thats why.

demark,,, the drilling update RNS gives the technical version. CB gets that the market as a whole probs needs that info in the way he has been presenting it. A little spoon feeding is ok,

From the current JORC thingy we have approx 0.3m tons of contained copper or equivalent from 70m tons of ore. If we wanted to say 6x that we only need to increase each dimension of our oniony carrot (or cigar avocado whatever) by approx 1.8 I think.
As original 70m tons is from say 1 unit x 1unit x 1unit volume to make 1 unit cube.
1.8 x 1.8 x1.8 is almost x6 bigger. So what I'm getting at is we only have to increase each dimension of our porphory by just over 1.8 to get to 6x 70m tons and so 2m tons of contained copper (at 0.4% or equivalent Copper). Is that right or have I totally got it wrong ?

Not only have we found a golden egg... but it might be a double yoker !

Very comfortable with this. Clearly those not understanding what CB is lining up here will be unimpressed but not so those prepared to be patient.

I wonder if CB would consider a Joint Venture approach ?