Member Info for Lucky520

Lol bypassed it haha

Asswhole

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The tightening across copper markets caused the broker to raise its price targets for the metal to $US11,500, $US12,000 and $US13,000 a tonne on a three-, six- and 12-month basis, and implying a fresh record high by July.

"LME metal inventories plunge to critical levels" https://www.afr.com/markets/commodities/lme-metal-inventories-plunge-to-critical-levels-20220408-p5abwl

Just ignore dates given now, it's much better for your mental health. The last assays took nearly four months, granted there was the Xmas break and a couple of hole have been prioritised. So let's say 3 months for assays. We haven't had new drill pad authorisation rns'd, 3 months for assays, 1 weeks per hole or 2 holes per week with 2 rigs?
That's a minimum of 5 months work.

I can't see how Colin will stick to his timeline of April/may, possible month slippage to June!

I have learnt it will happen when it happens!

"Western Australia is world’s new top mining destination - MINING.COM" https://www.mining.com/western-australia-is-worlds-new-top-mining-destination/

https://www.mining.com/web/lme-risks-more-squeezes-as-metal-stockpiles-hit-lowest-in-decades/

https://www.mining.com/goldman-sees-new-all-time-high-for-copper-price-by-mid-year/

The raft of new investors will come when xtact sell bushranger, I'll be one of them. Bzt looks good for a year hold. Need to do some more research though. Good luck all. I'm hoping the SP doesn't rise to much before I can load up.

I see a few using the isa allowance this morning.
Havnt done mine yet, will soon.

Colin said to zak 'where calling it a day on the drilling in May'

The SP may well re-rate on an offer from AA but the actual sale could be months later. I watched it happen with Sirus Minerals. It will say something like AA have made an initial offer of 500m subject to etc etc.
It may not mean its eventually sold at that price or at all. It could always fall through or we could reject because someone's offered Colin more if we decline AA.

It's bonus time of the year for some.

CE, do you think Colin might try and keep so.e of the license around bushranger?
Or should we use the profits on eureka?

My full allowance will be used to transfer share :).
Not long now.

All is lining up for bushranger apart from the possibility of WW3. I hope we get this rapped up and sold ASAP.

Just to prove I'm not all negative ........ coppers just about to break the all time high.

Yes, but a hint isn't proof. A CEO in any company won't give you bad information unless they have no choice.

Here's a cenario that could happen........
We havnt hit the 2mt in the open pit, we have to drill the North and south to 'close it off for the model'.
Let's say fairbride income is late again (wouldn't surprise me), either a small raise will happen to finish the drilling or we wait for the funds to come in. In this period the SP doesn't rise high enough to exercise the warrants...... then we finally get drilling and guess what, we found another porphyry that we should investigate further, more drilling, more assays more drilling permission and so on!

I think it was about 18 months to 2 years ago, Andrew, CE and myself had a conversation about the fairbride mine should be up soon and we should have an Mcap of so many million etc

I will stop moaning on here (for today) because I know its not welcome and I know nobody likes anyone talking in the slightest bit negative. It's just nice to know the boss reads the board and might be reading it. Good day sir!

Actually delac he did, he couldn't of know what was in the ground before phase 2 drilling.
No shareholder would be here if they doubted the 2mt will be hit, its the transparency that's the problem.
He keeps talking of a 2mt open pit, we could already have 2mt of ore if they include the deep ore beneath the open pit. Why havnt we heard anymore information about that? Will it be included? Will they add in block caving to the financial model?