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As they say boots on ground,no substitute for being there and seeing for yourself the high % ti in a core sample,cant see clearly but would the blue drums have had a haz mat label (outline only of label removed) on the bottom? maybe a acid?
Rns ,tends to suggest that the company is very confident pitfield,ie THE GIANT TI TANTINITE SYSTEM is the jewel in the crown and everything else can wait,i assume they have already made progress on separating the ti out of the ore.they have the core samples from the first 40 holes months ago (full of mineralization up to 8% near surface from memory..) testing how to get the titanite out must of been done for them to commit to pitfield and letting the other areas(gold?) lapse as the numbers in ti % are off the scale.
Just filter people scarlet dont get drawn down to there level,a swamp always stinks,and yes manlord and others the market hasnt reacted as we all hope it will someday,because IF is a big word when it comes to money/risk,we know we have possibly the biggest ti mine/find in the world but until some processing of the ore has been done and costed in(i cant see why a lab couldnt do research on the core samples as this is available and we have many mtr so im guessing a ton would be enough?) and shown to work at least in theory nobody is sure of the value. maybe that would be the next step in the ladder to test using a very small test rig and scale from there. to put it into perspective when cosworth were designing a very high reving engine for the aston martin valkyrie6.5lt v12, they started with a single piston engine with a known bhp figure and then scaled it to a v12,rather than making many v12 engines and destroying them in testing to get the revs and bhp required. i dont know how they will use the acid to separate the titanite out but there must be existing machines/examples in use, per all the documented previous mines of titanite.(scientific papers from russia from memory,as disgussed previously)once they have all of the results maybe they will use any money to make a small one or maybe they already have and are keeping quiet?? a processing plant will be a easy build on our land as we are close to everything,water and acid and recycling of said acid for enviromental reasons would be my best guess,once proven the sky is the limit,, hopefully.
WOW, 18 holes of 40 tested and per the last 40 hole tests this is the same 5.5 to 6.5% ti mineralisation through out, thats 17,035 meters tested so far FULL of minerals another 22 holes to be tested,if they are the same that will be 80 holes drilled and tested and 100% run rate this is huge. if 2% is $65 per ton then are we looking at circa $360 per ton in 2 areas 2km by 7km by 150 mtr deep only and we know its been tested to 400mtr in places,, thats over 4 billion tons of ore, the numbers are off the scale,, $65 x 4 b is $260b and 400mtr deep is $693 BILLION. IN THE GROUND ,JUST IN 2 small AREAS, we have 40km under liscence. time to build a test plant with the aussie gov. free grants then,,,,,,,
Same here , easy just scroll past the green lines, shame as this was a highly informative bb with many knowledgeable people, generously giving there lifetimes knowledge for FREE. thankyou, you know who you are. i even google most of my spellings before i post to look more intelligent than i am... why do people need to disrupt with total fud/cr*p, we all know the risks of investing,im here for the possible 50 bagger... gas and oil are still globally needed for many years,a find this big is life changing, for all who are invested in it, the others look on with jealousy.
Think they went down to 400 mtr last time,by drilling to 150mt speeds up the process of discovery,more holes to cover a bigger area ,we already know its gonna take 40 yrs to dig this out why go down 400mtr when its under yer feet at near surface,no problems with cave in,s from the side if just scraping it from 2 mtr of top soil,the crystal ball is spinning crazily with huge numbers,if this is easily processed, IF, then we are a multi biliion pound company on just these 2 small areas,at a basic price of $65 per ton.high quality could be a lot higher and we are not short of tonnage or areas to be tested,remember we only own 70% of this but 70% of the biggest ti find in the world is worth digging up...
When the government loose the tax from petrol and diesel they will simply tax the electricity,someone has already told me the technology to trace how many kw are use by a car charger is available and prices will be adjusted to suit, motorists are a cash cow to the government,they will probably come up with a car tax for heavey ev,s for damaging the highways on a pay per mile scheme as they are now 3 tonns...
As i posted earlier, we will eventually see powered by pareta drive on billboards and adverts as it is 20% more efficient,californians wont be able to sue tesla over range claims if he uses it,200miles is now 240 and a claimed...320 is (295..) is 354 actual.... volvo should be a candidate with there cold climate,sodium should go down well with pareta drive. and what about mayor khan in london,another greeny looking to clear out ice powered vehicles.
News article just released,our loss,s are 3.9m compared to last year at 8.2m,with deals and income starting to come in,the last 3 months have been a game changer.entering into 2024 in a strong position,with opportunities in our grasp.
Keith that is terrible news, such high emissions,get greta thunberg on the case straight away how can they spoil the inviroment with such HIGH emissions from importing gas from england, im trully disgusted, what they need is local gas, where they will find it i do not know.. p.s. ask greta if she knows how to spell predator? there is no arguing with the maths is there, home grown gas rules.... mr. biden has made a fortune for usa exporting cng to us and europe since the fu****g r uSSian cut off the gas to europe, but just think of all those emissons getting the overly priced gas from america.maybe someone can copy and paste to social media the high emissions caused by not using local gas,,,
Share price should rerate to 12p or more,if the same ground/area tested yields the same results as last time with high % titanite /minerals on all holes,this is looking very good,cant wait for core sample tests to come back,was it 2 weeks last time? maybe they will push for the pilot plant to be constructed early with the free aussie gov. grants available for critical minerals.
JAMES, i also have some shares from the company i worked for, they were also a bonus at a reduced price and are locked in for 5 yrs so i dont pay the tax,these are not options as such as they were payed every quarter,only top management get the options at a price to reflect doing a good job and also paying less tax... if in 10 yrs they have doubled or trebled its just a way to pay them more without the public getting too upset at how many millions extra they can get .... and then blame the renumeration committee,for there 40% wage rise when the average worker got 2.1% with 5% inflation at the time,,i was shocked to find out when the high level chairman(multi billion pound company) was sacked but still payed,as he had a 5 yr contract so got payed 14mths pay for 3 weeks work, approx 3million inc bonus,s even though the company had been making huge loss,s for the last 3 yrs,,mmm. since then the share price has risen 45% so the millions in shares are now worth 5million,funnny enough after he was sacked he was able to retire.!
Does A.V. know anything? all the negative crap and he is wrong again if you no longer work for a company the bonus,s in shares lapse simples,if you are not invested why are you here with the negative agenda? also why only 3 red flags,, if you read to the bottom of the rns there is a list of ALL the share options and lapsed options,its more than 3 mate.......