Member Info for Lucky520

They have stock for once.
Can buy up to 600,000 and get a price at 4.7.
Has been a while since you could get a price that high.

4.7 to buy now.

Another good point you bring up Ella!
When prospectore was bought out by xtract for shares in xtract, I'm sure some may have been over the 3% threshold? Have to do some more digging but xtracts share price back then must have been around 1p.
I'm sure someone in prospectore had a large stake. Is it in the shareholders list on the website?

Good point brought up, Colin said they don't have to except the independent valuation. So if the 2mt is reached, of do AA get their hands on it if we don't agree with the valuation?
Maybe this should be brought up at the AGM.
What's the legal situation?

Well we have had the half year report etc. Maybe they have been a bit too busy?

Looking at the assays from holes 5 and 6, they only hit good mineralization once hitting the current inferred resource. I'm not expecting fireworks from hole 18.
19 is of interest as it's converting waste ore on the east side to economical ore. Maybe that's what 18 is doing too? Hopefully know more by the end of week.

I am interested to know why we haven't yet had holes 18, 19 when 20 and 21 are in progress?
Are they no good? Are they exceptional? Why the delay?

Really can't wait for the updated model this week!!!!!!!
I think we may get info on all holes 18-21 at the same time just before the model presentation.
Going to be a great week and I think we will see a rise in the SP by Friday.

Posting from the future lol?

Anyone else now enjoy the weekend a lot less and look forward to Monday again lol
I find watching the presentations and interviews fill in the weekend a bit but I'm like a junky on methadone..... It's nothing like the real thing haha

Going by the bushranger presentation, drilling costs are $250 a metre.
450m at say 700m depth is close to $80m!
I don't think that is viable for us.
Maybe R/C is cheaper, maybe they won't need 700m depth for each hole.
Lots of variables.

Ahh for every 100 is 450.
In my head I just half the amount, which is wrong.
450 holes, 1 per week per drill.
Would be one hell of a campaign.

Are my maths off? I must admit I'm no mathematician!

I really hope I'm very wrong lol
Every 50m would be 1800 holes

I agree, I would really like them to find all the boundaries first before infilling..... But looking at the potential size it could take a lot of drilling!
Maybe Colin's thought process is to infill and prove up an economic open pit and increase the value as well as increasing the SP before expanding the drilling campaign.
If we end up with a strike of 3km and a width of 1.5 how much infilling will be needed and how much could it cost?
I believe we would need something like a hole every 50m for a proven resource and 100m for measured.
I may be wrong on that. I'll research a bit more.

Pieroth wines*

Isomer, if you like red try kangaroo point from peiroth wines. Very nice stuff.

I can see xtracts share price mirroring GGP from Jan 2020 to Dec 2020!! I've got my tickets for the show Colin!!

In the middle of watching this and it's a shame the man got he's sums wrong talking of 200 billion contained copper value. I believe it's 20 billion. 2mt x 10,000 comes to 20 billion on my calculator.

Thanks for the reply iceberg!
I'm surprised you don't seem so upbeat with hole 17 as I and Colin was. In my layman mind I've put the saddle theory with hole 17 and assumed 17 was proof of the other half of the saddle which could mirror the western side? Where am I going wrong with my thoughts?