Member Info for Lucky520

Vaughan that's an old Rns dated the 15th.

O yeah and I have changed my target price!! I did change it recently to 7.5 but I've thrown that out the window lol I'm looking at the 20's now!

The link below is boda's recent discovery. Their length is 1000m, depth is 1100m and width is 400m.
If we get anything like this then there's our 400mt needed. Just depends on the grades.

https://stockhead.com.au/resources/alkanes-boda-gold-copper-porphyry-discovery-just-doubled-in-size/

Ella it could take weeks or maybe a couple of months.
The assays I want to see is the bore holes were drilling now. Apparently it looks really good and we've got the start of something hopefully high grade.

That should read drill hole! The one we are currently drilling. Spell check keeps turning it into holes.

JDAU, yes I'm aware of the image. That's what I'm basing my imagination on. If you imagine a carrot with the thin end at the start of the current drill holes and it goes down the drill holes getting wider at the end.

CE, I thought we were drilling the length of the carrot at the moment. The way I look at it the carrot is at a 45 degree angle with the thin tip at the surface and the wider end at the bottom of the drill holes?? I may be wrong.

What would help is to know the angle of the drill holes.
That would help with working out the strike length and depth.

So based on the weight of rock, we need 400mt. At 3tons per cubic metre we only need 133,333,333 cubic metres of mineralization.

Iwantthatone, I'm not mathematician and would not try to work it all out but one cubic metre of rock weighs between 2.5-3 tons. I don't know if that will make a difference to your calculations.

I know it's early days but bushranger could end up being valued at 200-300 million., Maybe more. We will know more the more we drill but I would rather be in now than wait.

If you exclude bushranger, once the current revenue streams come online then the SP should be in the region of 8-10p. That's not including eureka and kelengwa.

All in all, xtracts SP in my opinion still has a long way to go and I for one will not be selling a single share till we know how much bushranger is really going to be worth!!!

You were robbed CE lol

News, I expect an RNS once we get the targeted 815m. The RNS will read we've stopped at the targeted depth or we have reached it and are continuing. I don't expect xtract to keep us in the dark and then come out with an RNS stating were at 1000+. So going by the estimated drilling depths I expect an RNS Friday.

QW, I've yet to filter anyone on this board yet but you are getting close. The only reason I haven't is your comments are currently amusing and quite see through. Good luck with your holding, you can't lose a penny when you've just imagined them lol

I liked the part of the interview where Colin mentioned getting more Australian attention. I wonder what his plan is?? Will we be listing over there?

Nice interview, looks like bushranger could be up there with boda. Very excited at the moment. Looks like we're in for an exciting few weeks and months once the assays come back. Well done Colin for getting hold of this project! A few on here were not happy with Colin when he got bushranger saying yet another project and more dilution but I think we can all see he's done well getting it. GLA

Just checked out some info on the alkanes boda project, their first phase drill program was 5 holes and their second phase was for 30,000 metres to scope shape etc. That puts it into perspective!

Good question OW, looking at the current information there's been 5 holes drilled so far. Don't know if there in a line or weather width has been tested. I assume we will need quite a bit more drilling but first let's get the main hole done and see how deep the mineralization goes.

Get to that valuation and it's nearly a 17 bagger from here!! I'm patient, I can wait lol