Member Info for Lucky520

Shall we talk about due diligence!!!! Did Colin and the team not think about where to put the extension lead before spending 200k of our money on kelengwa?
Would power not be the first thing you check?

A lot of ifs,buts and maybes!! Satisfactory is used a few times. Ascot is now not being described as a porphyry but lots of mineralization and a possible real porphyry deep underneath.

Can someone with rose tinted glasses show me the positives please! I'm struggling to see them.

To put it in perspective, i owned just over 1% of the company when we got kelengwa. That means kelengwa cost me 2k lol

Current reading through the accou ts and what stands out to me is the obvious BS we LTH talk about. Kelengwa is a dead duck that cost us how much?!!!

I also believe he mentioned that he wanted to be in discussions with AA by May!

It may be good enough for the new comers but not for the LTH. Show me the bar of gold in my hand.
And I won't be surprised if In a few months time the revenue is not as expected because the plant needs adjusting due to unforseen circumstances......

Where's the jorc that was due in January?

What about some jorc predictions? Want some more of them? Mine still has some possibility of coming true, I said September a long long time ago.

Steve, it's not impatience. It's talking about the same old !@#£ time and time again. We have talked about all of that already.
You want to talk about manica?!!!!
We have been talking of manica for 5 years and every time we talk about it, it nearly in production.....it still isn't now! It's now pre production lol

Ben, I think everyone is just a bit deflated! The storm was supposed to be April/May possibly at a push, June. Now we don't know how long we have to wait, no new news, nothing new to talk about etc....

Unless someone wants to start a new chat about the AA buy back clause lmao hahaha

Joeman, the problem is spending the profits on exploration doesn't guarantee shareholder value. That's why the SP doesn't move. That's probably why the SP might only move up a small amount when revenue starts coming in.

If we keep spending all our money on the next big thing, when will we see a return?

Colin is very wealthy, this is a fun treasure hunt for him.

We will all see what happens! Colin was banging the 2mt drum, Saying 20/25/30p. That was before ascot discovery and drilling footrot. Now it's......we don't want to give away a cadia!
Well......if we don't get upwards of 50p a share after all this we know for sure, colins been chatting *!$€.

Me personally! I could do with the price getting to 11/12 so I can sell 10% of my Holding as it is going to be needed in the next 6 months.

Sq52, I was thinking similar thoughts. Ideally we would of had a high copper price at point of negotiation and no recession on the cards.
I think it could be a dark road ahead for most people financially, whether that's a short road or long, who knows.

At least if we do hold off on selling due to market conditions, we can carry on drilling with the revenue from fairbride. Maybe to find the possible next Cadia?

Rns out!

Nice to get confirmation of mine starting.
Revenue to be less than previous quater which was expected.

I don't know if it's already been mentioned but some time ago, probably a couple of years or more, Colin mention the possibility of other contractors in the area using our plant from the surrounding areas.
Don't know if this was a serious discussion or a throw away comment? I suspect that would be after we are finished with it.

Depends on how far back they can go. When was manica acquired and how much losses have we made since then. Uk I thinks 7 years.

Andrew, don't forget we have lots of losses over the years to offset some tax.

Can I just get my 5k a month straight transfer?

Thanks millsy, it's been bothering me for ages.
Don't understand why it has not been mentioned regardless of how small it is.

I think sometimes it's better to continue working so you have something to get up for!

Sometimes people stop and they drop!