Member Info for Lucky520

It's somewhere to vent for shareholders. Agree, that person just has a vendetta and is either a trader or ex shareholder. It is also nice to know colin reads the board and maybe it too will be sick of the moaning and deliver something....or stop over promising.

1.3mt of copper is great news but it wasn't because we thought we had 2mt in the bag and a sale last year making 20p minimum, that is why the share price is where it is now.

The whinging is likely not because we have to wait 6 months like other companies....its likely the normal quarterly statements have changed and this brings suspicion, as all trust has now gone.
Like someone else said, it's likely not to look more professional but to give themselves longer to deliver what they keep promising.

People keep moaning about the moaners....Well maybe if something gets delivered!!!! They will stop!!! What's really annoying is the defenders, defending colin and the company when nothing gets delivered as promised or on time.

Colin is the only person who can stop the moaning!

Colin was saying something about the cost to process is now down to about $10 per tonne.
At 0.1 cut off you are breaking even.
Better to process the ore and break even than spend $5 to remove waste and dump it.

This brings back to the consultants saying bushranger is dependent on processing this ore.
Look at the images on the latest jorc and see the amount of mass 0.1 and above.

I'm convinced the guys have managed to get bushranger economical to mine and we will see an NPV over 500m.

Just my opinion.

Sorry... that should say Opex over life of mine.

Anyone here know if capex reduces with length of mining?
Major costs for capex and opex is equipment....this equipment is maintenance and replaced but most of this equipment has a expected life of more than 9/10/11 years.

On multiple readings of the rns it does feel like they already have an idea and they are trying to show you. It may be that the deeper stuff isn't as lucrative but with a capex already paid for and a banked profit after 4/5 years!! I think we could be onto a saleable deposit.

· The copper-gold mineralisation at the Ascot Prospect comes to surface and contains a higher-grade section of 34Mt @ 0.33% CuEq, reported at a cut-off of 0.2% CuEq

· When combined with the shallower higher grade zone previously reported for Racecourse, this gives a total of 225Mt @ 0.33% CuEq of potentially open pittable mineralisation for the Bushranger Project

Above is taken from the latest RNS.

The 26th of July pit study had an opex and capex of approximately 6 billion aus dollars which is approximately 4 billion usd......the shallow open pitable area is approximately 7.5 billion usd worth of copper at $10,000 a tonne.

So just the shallow area can pay off capex and run at a profit of approximately 3.5 billion.

....if Carlsberg did quarterly gold income updates..
...they would probably be on time...

1000km tunnel conveyors....saves on capex of another mine!

Hydrogen will be best placed for HGV, trains and large ships....possibly planes too.
Batteries are currently just to bulky and heavy.

Lets hope the DD was done correctly this time........

Well put! I'm kinda intrigued as to whether or not you intentionally worded the last sentence that way lmao it genious. Was Santa's cookies soggy?

If we have money to spend on Projects and building small scale mines.....why are the team taking shares in instead of wages?.....
It's another form of dilution and also give thier pals for votes to control the company.
Maybe they didn't like of close the last vote was.

Don't care......look over here another project........forget bushranger blah blah blah

Not got your buy back in price yet steve?

Must admit steve, your the best Ive seen yet.

For someone so incredibly smart.... you only post about some rubbish company called xtract.

Steve, your no longer invested. Why are you still here?

Guidance *

Based on your quidwnce steve.... xtract will receive 10.4 million Dollars a year.
You said dani was right and it's a royalty well......3.375% @1.5m is 44killion and xtracts share is 10.4.