Member Info for luckyorange

It was a very good point on the landowner court cases max , we were aware of the land and lease grab but to be honest I hadn't given much thought to the landowners wanting a more generous slice of the pie and becoming more difficult as the 'gold rush' in Victoria has developed.
Nothing at all priced in with ECR now , hopefully it has bottomed out /sellers have finished .

A direct link to the chat https://twitter.com/StockBoxMedia/status/1456709105045934094

Alan does outline what ECR has , which is quite a lot really . They have found gold in those shoots as he mentions about Adam's interview previously and lots of news to come.

Be 20 years at least before alternatives can be identified messi , everyone saying that they will exit coal means that the ones staying will be premium players .
I do wonder over time how valuable CGO will become £400 mill?

Thanks left leg , first time I have seen thermal coal mentioned in this respect

"At over 2.6bn tonnes — Lubu is one of the largest coal resources in Southern Africa and the large size of the Lubu Resource will enable Contango to look at additional markets and develop expansion scenarios for its production.

In the longer term, the company may expand operations to fully develop the coal field to exploit thermal coal opportunities.

The Contango Holdings board is also currently evaluating a number of gold opportunities which are in line with these key investment principles and which have the potential to provide material value to shareholders in the near term."

Ideal guy Hawkspear but we have no sway over that decision and he may not be available in that respect.

I do agree that one of them needs to break cover and settle the market , I don't know anything about Trevor in the public speaking /promotion role and Adam does need a confidence boost in that respect, hopefully they are on the case.

Well LW , two out of those three were on the previous journeys with him and Graeme Noble of course . https://mercatorgold.com.au/directors/

They did say in the short release

"Current directors David Tang, Trevor Davenport & Adam Jones will continue to run the Company & ensure drilling programs continue on timetable"
and I'm sure that they will .

Tried to buy some on HL a couple of times couple of hours apart but won't even deal 25k .. order filling at this level perhaps?

I agree park , just posting it as someone mentioned the price drop.
Impact on negotiations should be minimal whatever the price is , however there will be adjustment factors in any deal or should be.

Agree Loch , but we can't blame the mm's as it may be the final warrants or the automatic response some have for an emotionless trade.
What I would like to see is the Directors (or one as representative ) step up to the mark now and not let everything drift . Jody has said similar so it would not be disrespectful , quite the opposite in fact as the plan was laid out in full by Craig.

One question for Jody , if you feel you can answer , what happened ? It was a shock for all of us but we only know him as a CEO .
I have bought more a couple of times , the sp is too low (as well as a mark of respect) and hopefully this is the turning point.

BEIJING/MANILA, Nov 3 (Reuters) - Chinese coking coal futures rose for the first time in six trading sessions on Wednesday, surging more than 14% on big backwardation amid tight supplies, while coke prices also jumped.

"Steel production costs are very high now. Mills and coking plants are gaming how much room is there left for further adjustment between spot and futures prices," said Wang Yingwu, analyst with Huatai Futures in Beijing, adding that profits at coking plants are also thin now.

Current coke prices are around 1,100 yuan ($171.90) per tonne higher than the January futures contract, while spot coking coal prices are also several hundreds yuan higher, according to a Huatai Futures note.

The most actively traded coking coal futures on the Dalian Commodity Exchange soared as much as 14.1% to 2,507 yuan ($391.80) per tonne, the biggest percentage change since Nov.22, 2016. They ended up 12.7% at 2,477 yuan a tonne. https://www.reuters.com/business/cop/china-coking-coal-futures-track-spot-prices-higher-snap-five-day-losing-trail-2021-11-03/

Well , Craig saw a certain urgency in getting those drills bought , properties purchased , teams formed , fencing up, licences applied for , he certainly set the ball rolling for others to deliver on and they have a lot to keep them busy.
What is very very sad is that he won't be sat there in an interview if it all comes to fruition as he has envisaged with a great big smirk on his face

Michael Fisher Director at Mercator gold will help steady the ship , Graeme Noble drilling Manager , Kristy Plieger and many others must have had absolutely gut wrenching experiences when they had the phone call , Michael is well placed and experienced enough to keep it all moving forward https://mercatorgold.com.au/directors/ .
There is a team there that have specific roles , biggest short term risk I suppose is that a predator pops up but we will see.

We did HH, very very sad to hear. In some ways with his rush to put everything in place you would think that he knew bless him.

To find the next and the next , the enigma is that Blue Moon appears to be a sweet spot and yet...... ?

Resident troll now cashking but half term will soon be over ;)

Heap leach is a cost effective way to start earning capital whilst they develop the indicated resource then they will bring in a partner to share costs once identified , they clearly laid out the plans and are following them through.... good that the aero survey proved up what was expected just the work on the ground to do now and then they are on their way once the resource report is completed.

I would be happy if you would stop bloody whingeing , fund raise is history .

Oh go away with your persistent calling it down Hll , you are coming at it from as many different angles as you can and are spouting rubbish now.
They have been very forthcoming throughout and keeping investors informed as everything arises , got a chip on your shoulder for some reason and getting annoying now.