Member Info for news

I have just managed to track down BUSHRANGER under ANGLO-AMERICAN.
Like most majors, they list exploration projects.
Bushranger is cited in Anglo-American*s 2017 ANNUAL REPORT.
However, the link I got is a shorten version of Country Highlights [7pgs]
https://www.anglo-american.com/~/media/Files/A/Anglo-American-Group/PLC/Investors/annual-reporting/2017/tax-economic-contribution-report-2016-appendix.pdf

Usually, in the full version they give a breakdown of the prospect and comments like Straits Resources [$972m revenue] in 2006. Not sure but I will try to find it.

Per Straits Resources:

Bushranger 1.5KM X 1KM.

From XTR : STRIKE 1KM
So, there could be more to come ie 1.5KM and not 1KM strike?

Straits: 1.5KM X 1KM
vs Havieron 1KM X 1KM

COLIN BIRD:
"1,100 metres : CONFIDENT OF BIGGER ONES: NORTH PARKE-CADIA RIDGEWAY."
Interview @Share-talk, 15.1.21 [Executive Chairman].

Just looked up North Parkes [ref: PortoGeo]
Rock chip assayed: 0. 3 % CU COPPER.

Thats for TS2.

TS2:
Yesterday, you wanted to buy at Xp.
The raise today is 4.5p.
The current price is now 5p to sell and 5.3p to buy [advertised, not live].

Not sure who is going to sell you XTR at your price cos this morning everyone that bought paid more than your price? Dont think anyone would sell at a discount to what they bought.

As a perspective, XTR *s mkt cap is £35m. On Twitter, they did a comparative of co*s and one called P with 9 projects but no discovery yet is at £30m whilst the co that John Cronford mentioned together with XTR has a mkt cap of £23m [only at the stage of taking an aerial survey]. Another co, exploring in Victoria, Australia has a mkt cap of £22m.

At XTR, we could be on to a potential DISCOVERY? PLUS the other projects?

For some balance.

At Havieron, they had a new Non-Executive Director on their journey, one Clive Latchm.He is both a Geo and Economic Geo with deal making experience from recall. Mr Latchm was Head of Copper at Rio.

Similarly, as we embark on Bushranger at XTR, Mr Jeremy Read is also a new director, ex Head of Exploration at BHP Australia.

So, appears similar trajectory.

On the other forum [XTR], someone posted that due to the angle, Bushranger [XTR] could have MISSED the LENGTH OF THE PROSPECT?

Thoughts?

COLIN BIRD & JEREMY READ PODCAST
Colin Bird said in the 15.1.20 Share-Talk interview that he and Jeremy Read will do a podcast.
Mr Read will talk about LACHLAN FOLD mines and "PATH" ? TO SUCCESS.
So, that will be from the FORMER HEAD OF EXPLORATION, BHP AUSTRALIA [& AFRICA].

If mines were built in the Lachlan Fold and BODA looks to be the potential NEXT TIER-1 per the CEO of Alkane in the 9.11.20 RNS/ANN @0.35% cu [equiv?] could we not hope for the same?
Colin Bird, Executive Chairman of XTR said in the Share-Talk interview of 12.1.21 [or 15] that "BUSHRANGER VS BODA: Pretty much the SAME, BETTER?"

For some reason, the MM will take BLOCK sell [dummy] despite the raise this morning?

Thur, 21 Jan 2021 @11:45am

Look at:
B
O
D
A
& CADIA-RIDGEWAY
Posted before the grades.

MontyBoz
I was checking "VISIBLE COPPER" grades last night.
940M OF CONTINUOUS MINERALISATION - BUSHRANGER @as at Wed, 20 Jan 2021.

CE Thank you.

MontyBoz posted a link to the New South Wales Govt Mining site wherein it shows all the prospects and their results [grades etc].

So, useful to take another look at the GRADES in the Lachlan Transfer Zone which hosts North Parkes, Cowal, Cadia-Ridgeway & Bushranger.

Interestingly, Colin Bird mentioned in his interview yesterday, Wed 20 Jan 2021 about
F
O
O
T
R
O
T
I thought it unusual that at this time of the interview relating to Bushranger*s final depth, he should bring up FOOTROT for the 2nd time.

Could Mr Bird want to extract value from Footrot, the 2nd porphyry at Bushranger via a
JV given the apparent initial drill from Racecourse? Hope he lets us know.

News, Thur 21.1.21 @10:40am

Placing at 4.5p to raise £5m.

XTR RNS @7AM
"Bushranger -demonstrated significant mineralisation PLUNGE in excess our expectations, requires more ext STRIKE drilling to PROVE-UP WIDTH and TONNAGE. Important to identify COPPER GRADES s well as establish GOLD GRADES on the various HORIZON for exp and dev."

£5M RAISE
This is more THAN for Havieron - they raised about £2.4m a time x 4 times to drill the 9 holes.
Here, XTR manages £5m at one go.

QUESTION:
With nearly 111m shares issued, where is the stock currently? The share price is 4.8p & 4.9 advertised [not live]. Have they been absorbed into the mkt?

Thur, 21.1.21

In the last few years, it is common knowledge that LITHIUM has been in a bear market.

Today, Wed, 20 Jan 2021, just imagine European Metals [EMH] which REM invested in now has a mkt cap of £112 million @65p.

Bacanora Minerals [BCN] which REM invested in and paid for the initial drills also has a mkt cap of £148m @64p.

THIS MEANS THAT REM AT NEARLY £90M MKT CAP FOR THE LITHIUM ASSETS [BCN & EMH]
could have reached 5p as D.L said.

All history now.

News, Wed 21 Jan 2021.

Just a re-visit.

Full title didnt come out verbatim from the XTR RNS:

"EARLY STAGES OF THE POTENTIAL DISCOVERY OF A NEW SUBSTANTIAL NEW PORPHYRY SYSTEM ON THE LACHLAN FOLD BELT." Wed, 20.1.21 [XTR RNS] -BUSHRANGERS.

The title is from the RNS itself, Wed 20.1.21 and recorded for history of XTR*s Bushranger that
------------HIT 944M OF CONTINUOUS MINERALISATION AT BUSHRANGER--------------.
==
For perspective:
Topshare2 @16:16 of this auspicious day:
"I will buy bucket loads at X...Y.."
2nd last post: "XTR have great prospects."

My Question:
XTR had a share price of 1.65p for yonks since XTR acquired the Bushranger licence.
Why didnt buy then?
For the history books.

Yesterday -20%
Today -30%
All on a good RNS of the "MAGICAL 1KM " mineralisation at Bushranger.
Mkt Cap now £31.6m @5.1p.

History shows if it had continued ie mineralisation, last night folks said its NOT about more depth but grades. As posted by Stocky1 today, BODA average grade 0.35% cu equiv and Bushranger*s JORC .4% cu area [not inc gold].

All the great stocks ie Solg, GGP who discovered Tier 1 discoveries, the history shows that folks said at the time, DEPTH not good enough, GRADES not good enough.

So, a record for the future. [Intra H-9]

News, Wed 20 Jan 2021 @5.30pm.

Per badger333,

"there trying hard to get the price down for some reason, theres a big buyer lurking." @16:15, Wed 20.1.21

I have just tried to test buy but cannot buy in block. Can sell in block. Block as in above normal mkt size. Kindly CHECK.

Per montyboz link:

All the prospects and their JORC shown including for Cadia. Probable for Cadia is even 0.15% cu.

So, at one go, one can see ALL THE LACHLAN FOLD grades in black & white as recorded by the NSW, Australia government.

BTW, Bushranger starts from 110m which is comparableish to BODA.

It will be block-cave per Colin Bird so no open pit or underground.

montyboz

"Copper opportunities in New South Wales." -Oct 2019 per monty*s link.

SHOWS NORTHPARKES, CADIA AND THEN BUSHRANGER.
Northparkes and Cadia has a BIG ROUND HOLE ROUND IT -key shows it means ">50 000t cu."
Northparkes has a RED RING round the it - means they are mines?

BUSHRANGER HAS A BIG ROUND DOT-SAME AS NORTH PARKES & CADIA!!!

The data is FROM THE NEW SOUTH WALES GOVT!!!

Thanks.

Isomer,
See what Shurething said below ie 3D may show whether the ZONE has changed or it HAS INDEED BOTTOM OUT OF THE ZONE?

By tonight, say possibly 9pm, Bushranger could have reached 30M MORE
and then, Hole 1 either ENDS ie bottomed out OR it was NOT yet ended?

"Colin Bird; MINERALISATION ON TOP OF IT OR BOTTOM OUT." @Share-Talk Interview today, 20.1.21 [Wed]

IWantThatOne @14:52 Wed, 20.1.21:
" WE*VE GOT A BIG ANIMAL." [CB]
-----
Colin Bird: "Mineralisation on top of it OR bottom out." [CB]

===
So, the jury is out? Mr Bird is NOT sure yet if the mineralisation is on top at 940m of continuous mineralisation OR bottomed out? INTERESTING.
Have to wait now?

News, Wed, 20.1.21 @3pm [Post RNS and Colin Bird interview]

From the little I could make out as the sound was not very good:

COLIN BIRD, EXECUTIVE CHAIRMAN, XTR -BUSHRANGER
Wed, 20 Jan 2021 [After RNS] -940m continuous.

"MINERALISATION - TOP OF IT OR BOTTOM OF SYSTEM.
159m of good gold value [?]
ANOTHER PORPHYRY - FOOTROT, BUSHRANGER CLOSE TO.
Expert to get to the concept.
Come off better.
Comprehensive analysis.
More detailed report next week?

News, Wed, 20.1.21 @2:55pm

Can anyone add to it or correct if not correct? Thanks. I couldnt hear a lot of it as the sound was off.