Member Info for Lucky520

Colin, if your reading this and the hole is going beyond 1000m can you get the guys to show us the drill placement on the 3d model please. I would love to see the drill going through the SE IP anomaly's. Thanks boss.

Well I'm very surprised we haven't had an update today. My head's saying either one of these holes is going to be 1000m+ and good mineralization or something went wrong and their trying to get some good drilling news to gloss over it lol!
I'm leaning more towards the mega drill hole!!

No not in Australia.

Holes will be at a minimum of 600m and a max of 900m going by the the current news stream. We would have been notified if the holes were stopped prematurely so could we have another 1000+ hole in brand new ground? That would be exceptional!
Either that or due to the bank holiday weekend they haven’t had the chance to write it up and have the geo go over it. I’m still expecting an rns today and an interview too.

Thanks Andrew. You saved me some time! I was working out kpz holding and trying to work out how much the fund bought.

For the purposes of LR 6.14.1R and LR 6.14.2R, shares are not held in public hands if they are:

(1) held, directly or indirectly by:
(a) a director of the applicant or of any of its subsidiary undertakings; or
(b) a person connected with a director of the applicant or of any of its subsidiary undertakings; or
(c) the trustees of any employees’ share scheme or pension fund established for the benefit of any directors and employees of the applicant and its subsidiary undertakings; or
(d) any person who under any agreement has a right to nominate a person to the board of directors of the applicant; or
(e) any person or persons in the same group or persons acting in concert who have an interest in 5% or more of the shares of the relevant class;
(2) subject to a lock-up period of more than 180 calendar days.
[Note: article 48 of the CARD]

Hi all, was wondering if someone could explain what this means '
For the purposes of the AIM Rules, in so far as the Company is aware, the number of shares not in public hands as at 12 May 2021 was 2.75%.'

I dont recall noticing this before. Could this be a fund building a stake? What do they mean by not in the public's hands? Could this be KPZ?

Looking forward to an update tomorrow. If the drills still turning it would be 800-900m by tomorrow. I don't think that's likely but possible. I think it's more likely they are complete and we're a couple hundred metres into the next holes. Only 23hrs to wait. Will be surprised if we don't get a 7am RNS.

For the amount that is, it's a buy. If i tried selling that amount over the last week I wouldn't of got anything like that price.

Screenlearner, when you've been here 4 years, 4 months is soon lol

I estimated the depth of the holes from when they were started and when they were reported to have been started or well underway. going by an average of 50m a day the holes were actually at an average depth of 236m before they were reported to be well underway.
So going on that bases the new hole should be somewhere around 536m. Worst case 436m,best case 650m.

The suspense is torture! I've got months of this! Lol

I genuinely think if 4/5 out of the 8 holes in the SE hit mineralization with assays that are economical and the first holes hit some good copper and gold grades we will see 15p and a fund showing their hand.
That all could happen in the next 4 months, which I think you can class as soon.

Well...... 'soon' when I speak on this xtract board means the same as imminent in Colin birds vocabulary! Lol

Dont worry dogefather, it will be worth over a 100k soon. ;)

Doing some research, I'm learning a lot as we go.
The stripping ratio is important and ours is 4.3-1
Apparently a good stripping ratio for a large low grade copper porphyry is under 3-1. So if we can start getting close to that number it would be nice.
Of course we are saving a lot on infrastructure so we could get away with a higher strip ratio.

Some nice buys coming in. this spike may be caused by Colin's buy and not a leaky drill team that I was predicting. Either way it's all good.

The two new holes In my opinion should be at a minimum of 400m. I think if they were stopped due to not hitting anything then we would have been told by now. No news is good news on this one. Hopefully don't get an rns for a few more days.

We started drilling a brand new area and colin buys 2 million shares!! I wish I had extra knowledge before I invest lol

Ive been thinking the same Andrew, I'll sell on the next spike and buy back in when it drops..... But Colin just keeps on dangling those carrots and all I can say is what's up doc?

I think if we get to 8p again it will be on substantial news so I doubt many will sell, infact I imagine we will blow past 8p. For us to get to 8p again I think it will take good assays from the first two holes and mineralization in SE extension. If they both come in I think 8p will be passed quickly.