Member Info for mikebassetts

slowly creeping back up.
at present the NPV is over $1bn and a market cap around £20m..

agree Richy but we could do with TM coming back on a podcast and just summarizing our plans for the year..

PB just seems to rehash the same stuff

We need Tony to tell us (again)the plans for Beutong...

"The Beutong porphyry and skarn system(s) remains open to the east, west and at depth. The deepest drilling completed to date has intersected porphyry mineralisation to around 800 metres below surface and approximately 200-300 metres below the depth of Resource delineation drilling completed to date. "

· 34Mt @ 0.67% Cu, 0.13g/t Au, 1.68g/t Ag and 90ppm Mo in the Measured category

· 56Mt @ 0.58% Cu, 0.12g/t Au, 2.07/t Ag and 104ppm Mo in the Indicated category

· 419Mt @ 0.45% Cu, 0.13g/t Au, 1.14/t Ag and 125ppm Mo in the Inferred category

Are they looking to push some of that inferred resouced into measured status?
The resource looks huge but surely there going to need a partner to drill deeper..

Some economies in Europe may contract but the likes of India,china are going to still lots and lots of copper.
Not enough new supply of high grade copper coming online so i see copper price eventually moving to $3.50+

This report from last year
https://www.reuters.com/article/china-copper-birla-copper/birla-copper-sees-indian-copper-demand-doubling-by-2026-idUSL4N1XQ1DS

If India copper demand is set to double in just 5 years, where's all the copper going to come from?

weird the way these things work,no one seemed interested early in the week and now it keeps getting hit with buyers on a small pull back..

all of a sudden you can't buy any online..

from memory REM rose on hype but this has substance.
Guess the people selling don't believe the contract?

still see these are going higher later today

maybe 0.4p at the close?

expecting this to go higher tomorrow morning.
just one years revenues is still under the current market cap..

if there going to be making $40m in revs for 10 years then what's a realistic market cap?

what price for the opening tomorrow?

wonder if this will continue it's rise tomorrow-difficult to buy online

-- The Agreement is currently valued at approximately US$4bn in revenue over the first 10-year term ensuring Macarthur long term revenue and consistent sales per year.

and market cap is £15m

i'm missing something???

very positive today..

Richyf3-hope you don't use the word"shortly" the same way as the ARS team!

"couple of years left on the block and certainly not a write off"

very positive news

sorry mate i wasn't trying to be snappy-ARS have to start delivering on there own timescales.

Not sure when BKM will get into production so in the meantime i think we need something on Bario or Beutong..

not sure what connection MATD has with ARS.

This a longer term hold ,not based only on a BFS - i would have liked some update on a potential Beutong partnership and Bario permitt..

keep getting good news but share price doesn't really respond..