Member Info for mattlilly

It would greatly help if Junior Miners took off...

Its not the contrarians I'm concerned about...its the nasty, mindless, argumentative distractors that people keep responding to...

NAL isn't a contrarian, he's a waste of spoce...

Between 40 and 100p+ depending on when the bidding starts and how many involved...

Because of the scale of this resource I'm expecting at least a Noront repeat...

Updated holding

Bought another 489,000...now up to 2.2 million between us...10.2 average...

I had to pay 7.15+ for the first 200k which moved the Offer from 7.12 to 7.25 And I had to pay 7.15+

So all we3 need is steady and concerted buying, as happened in late December, because this market is wafer thin and dominated by the Autobots...

As I men tioned before, it was closed in December 2022 not long after it was opened. It was an arbitrage buying CGP and matching with a SOLG short.

FCA far too slow to catch up

Well done guys for resisting the temptation...

Many more green stripes but at least I don't have to scroll through pages of pointless argument...

Thanks!

If you look at the total contained metal for all projects, this is more relevant to the Share Price:

12.6MT @ 9,000 = $113.4bn

26.7Moz @ 2000 = $53.4bn

92.2Moz @ 22 = $2.0bn

Total in the ground = c$168bn...

Unreal

Once again the Board is clogged with green stripes and totally pointless insults and arguments.

What I cant understand is why so many intelligent sensible posters are responding to the idiots and are too lazy to filter them...

Dont you realise that you are giving people like NAI the oxygen they crave...?

There is no other BB or Social Media page that I come across that is remotely as bad as this one.

And it's the sensible people who are just as much to blame.

What is the point in ticking me up when I post these pleas if you do nothing about it.

OK we are al, frustrated at the wait for monetization, but much of the general posting on here is more dispiriting than the Share Price...

PLEASE STOP

PFS3...

Think about it...

PFS2 assumptions:

Copper 3.70 now 3.85 and forecast 6.67 by 2025

Gold 1300 now 2025 and forecast 3000 by 2025

Silver 19.00 now 22.50

The clock is running...tick tock...

From PFS2

Mrs. Cecilia Artica, SME Registered Member, Principal Geology Consultant of Mining Plus, is responsible for this Mineral Resource statement and is an "independent Qualified Person" as such term is defined in NI 43-101.

Qualified Persons

The Qualified Persons for the "Cascabel Project, Ecuador, NI43-101 Technical Report on Pre-Feasibility Study", that has an effective date of 31 March 2022, are detailed in the table below.

Category

Name

Company

Mineral Resource Estimate

Cecilia Artica, BSc MSc RMSME

(formerly) Mining Plus

Mineral Reserve Estimate

Aaron Spong, BEng FAusIMM CP (Min)

Mining Plus

Environment, Social, Tailings & Water

Tim Rowles, BSc MSc FAusIMM CP RPEQ

Knight Piésold Pty Ltd

Metallurgy

Peter Gron, BSc FAusIMM

Wood plc

Process Plant & Infrastructure

Steve Klose, BEng MSc FAusIMM

Wood plc

Financial Evaluation

Kirk Hanson, MBA PE

Wood plc

Marketing

Christopher Heath, BSc Hons PhD FAusIMM

Wood Mackenzie

Paddyboy...a MRE, PEA or PFS are "certified as true and fair etc by an independent 3rd party"

Why would MMs be holding this below 45...?

Https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/major-miners-targeting-early-stage-projects-in-m-a-strategy-76870708

In value terms, M&A activity increased by 137% in Q3 2023 compared with the previous quarter’s total of $5.9bn and rose by 34% as compared to Q3 2022.

https://www.mining-technology.com/deals-dashboards/global-ma-activity-mining-industry/?cf-view

The rise in M&A activity across the mining industry over the past year is likely to continue into 2024. Fitch Ratings expects that strategic repositioning of commodity portfolios to service new demand patterns required by the energy transition and an increasingly challenging environment for the development of new mining projects will drive ongoing corporate activity among miners.

https://www.fitchratings.com/research/corporate-finance/global-mining-m-a-here-to-stay-15-09-2023

A flurry of copper mining deals are being lined up for the next six to 12 months, industry sources said, as producers seek to spread the soaring cost of new projects for the metal key to the energy transition.

https://www.reuters.com/markets/deals/miners-seek-partners-copper-assets-ma-heats-up-2023-10-11/

"Cash is king, the saying goes. In the current environment, that may well be true. Companies that have access to capital without needing to finance are well-positioned to take advantage of the current market. For them, strategic acquisitions are actually a part of the business strategy. They can buy up partners when competition is low and gain a strategic advantage within their sector...."

BHP, Newmont, Jiangxi...?

https://www.dfinsolutions.com/knowledge-hub/thought-leadership/knowledge-resources/m-and-a-industry-trends

Not to mention GDX and GDXJ...

Dollar falling...

Gold though 2052

Copper through $3.95

Could be the last chance to buy at these levels...

Thats it...topped up to 4 million at .69 average...drawn stumps...now just a matter of waiting...

XIB's short was closed in 2022...they shorted SOLG and bought CGP...then matched out the short with the issued SOLG shares on conversion...

So sorry guys...FCA failure again...

Somebody else's margins Bozi...and it might just pique a bid from one of the big three...

Copper up 2% since yesterday am

And 6% since 18 January...9 trading days...

Needs to break big resistance at c%3.95 then c$4.10...