Member Info for Lucky520

*and if its not that

Colin said the majors want 25% over Lif of mine.

And I imagine they won't use more than $4 LB copper. So that's what I'm looking for in the new economical model and if it is that, then I expect more drilling.

Don't know what NPV will be, but I am looking for approximately $500m with a sale price of a third.

That should read copper equivalent down to 0.1cut off.

Howzap, yes, the ore sorting is worling well on the lower grades according to colin......no proof in black and white......yet and we still don't know if its profitable. I am praying it is and we can sell it ASAP.

We have to remember that the jorc is 0.1, not all copper. We are yet to hear how the ore sorting is working on the gold/silver/molybdenum, are we even going to look at the molybdenum?

Hi gixxer, I meant get the new economic model to work with the ore as low as 0.1 cutoff, which the jorc is.

We might have 1.3mt, but if we can't run the stuff down to 0.1 cut off.......how much will be have.

It will be interesting to see the reducing in cut off grade. Could they possible get it to 0.1?

Https://news.metal.com/newscontent/102278272/LME-Will-Reduce-Daily-Limit-of-Aluminium-and-Copper-to-12-from-July-24/

Quite often there are spikes prior to news releases but maybe this time, the market was closed before they received it.

They turned up yesterday. Probably the person with access the the RNS before it is released to the market. Maybe report them ASAP so they can be caught!

Unless they start talking about L2

But also L2 could mean Line 2, in which case I have another incline. 🤔

I've got a matrix feeling 😎

Hmmmm I wonder who this person is?

Https://www.mining.com/web/chile-copper-output-falls-14-in-may/

I don't think there are many LTH who will sell.

Most are under water significantly and the rest are unlikely in profit. Might aswell wait for the BR study.

The tone in Colins voice was a bit of a give away.

He's now emplying that shareholders were fixated on the 2mt due to the AA agreement.......no Colin! It was you that implied we were pretty much there, with the 2mt and decision to mine. Sale by april/may 2022!!!

Maybe your just good at poker?

Sorry Andrew, no it didn't. But your history of being a well balanced poster and very diplomatic made me belive your falling for his BS again.

I actually started thinking you are Colin or employed by him.

I definitely think howzap is receiving some of our company funds lol knowonder thier happy xtract and Colin keep going. And when you mention shareholder revolt......."now,now let's not get to hasty" ......really?

Apologies for what?

He's talking about building a new plant and going to the bank for 5 million.....at these intrest rates?

He said hoping for good news at BR.

Looking to raise for new projects etc etc etc

Heard it all before, time and time again.

Asking for more patience!! Fck off!

Maybe CB can release updated revenue, expenses and profit to spell it out to the market.

The FB income won't be seen as great news when you compare it to our current expenses or 3 Million a year. We know it should be less now but the market doesn't.

Or post it on the xtract telegram.