Member Info for oilmanmike

got fed up at 0.45p odd when it became clear covid was a significant delaying factor.
Now that Omicron will 'wash the world' and oil looks very strong I figure the Cameroon drill in finally about to start. I noticed the drop on the placing having watched it move on the Shell Namibia drill along with GBP and so 'mopped' a few on Friday at 0.28p, I will buy some more next week. I think I had 4m here before so that's a start and I look forward to Marine Traffic observations once we know the name of the rig

so you sunk £10k into a speculative oil driller on a massive spike as a gamble.?
Hopefully you learnt what must have been a very hard lesson. The sp is in a reverse spike and therefore all things being equal it must be worth a grand to get back half your loses.
IMO this will be over a penny very soon as soon as the JV is completed.
I have invested here twice before from low levels (never this low) and made money on both occasions. TRP moves on next to nothing and so when the drill bit finally starts turning I expect the sp to recover rapidly.

started planning the diversion in 2005 before copperhead wad acquired, now that is forward thinking

stockbox interview on youtube is far better.

Prospector I can go further and say the market has been surprised by the first hole.
It was the weakest mineralised of the historic holes as demonstrated by one of the slides in the last two presentations. The next hole should be 0.35% if it matches historic results as hole one did. I have a telegram chat if you want to join. We are all shareholders, mostly investors, in it to win it!

Something like that if you want
OR
Join telegram and let me know your user
name. Not difficult really

Very quite in here today.
Pity some have failed to read the RNS.

If anyone else wants to join download telegram and let me know your user name.
A very easy process. Ask Sniffer78

Sniffer you got tele yes.
If you tell me your username I will send a fresh link
Or if you prefer DM me at The Mandolorian

This is the stars

t. me / joinchat /
Without the spaces

Well that did not work.
Blocked.

https
://
**************
NEtmri0TdWkwYmY0

The above link is for 1 new member.
First come first served

download the telegraph app and search for user name The Mandolorian and DM me for a link to join. Big or small all are welcome, you just have to prove it

Sniffer I guess you are holding.
Fancy joining my Tele chat to get
to a much higher level of understanding
as to what is going down here. this is way
way more than a couple of bags AND I have
the proof

The proof of the pudding, as I think we all agree is in the eating. Top quality ingredients have been used here and IMO are baked in.
The market will decide. The market is forward looking.
The market is never wrong. Opinions often are

Yes it will help you a lot.as I said look at the magnetics for an idea of scale 3km x 2Km.
The 500m was for the vein mineralised portion above the main porphyry ore deposit.
If you go back to my doubling post you will see that.
The main porphyry ore deposit extends 500m to 800m beyond that.
The strike length here is around 2Km as you will see if you bother to look and the deposit extends to 1000m depth at 0.4%.
This by your own definition makes it world class, way bigger than racecourse and bigger than the other 2.
Now it this point if I didn’t know better I would say you were deramping.
Hope that helps

Look at the size of the footprint. Streams, soils and Helimag survey and you will soon see with a little gcse maths that this has the makings of a world class deposit

News those are historic pre Jorc figs incl the moly upgrade to 0.35%.
You need to look at the 2018 slide for copperhead where DP confirms the 200Mt to 300Mt is from the five historic drill holes.
An area 500m by 500m is 250,000 sq m.
500 deep is a volume of 125M cubic meters at a weight of 2.35 tons per meter gives 293Mt of ore.

Now either you are way behind the curve in which case I am happy to discuss. Or a long standing share holder who is understandably weary having heard it all before, also happy to discuss.
But if you playing games I will not enlighten you

Fair enough News.
I think you will find that the market will start to discount the news flow before the final
Confirmation RNS.
Also porphyry coppers are very large deposits.
It is no great leap to assume 0.4% down to 500m as we have seen these cores.
My assumptions for the porphyry ore are mid range of typical grades for the smaller high grade and majority lower grade bulk ore.

Regarding conceptual models have a look at the Dec 2018 presentation and you will see the 5 historic holes were for 200Mt to 300Mt.
From the horses mouth

News the porphyry lies below the current depth of 500m. Above that is vein hosted mineralisation. This is what we have seen in the cores to date.
Below 500m is the main porphyry ore body which could extend another 800m.
This comprises 10% vol of high grade ‘jacket’ of c2% and the balance is low grade ore around 0.22%.
Added it comes out at 0.4% about the same of the first 500m.
So you can see current drilling below 500m will double the resource. What else can it be given the geological detail we now have.
This is very very significant. Is I said my tele chat is significantly ahead of the market on this.
Market sleeping here still