Member Info for Shedulike

Brickz I copied one of his Tweets from the 4th Jan which is definitely libellous towards the Directors. I'll email it to you, I would recommend sending them on to CB rather than LR who is likely working on the mets.

Sorry hadn't seen that Oil while I was tapping away. You have a slightly different take on it from me, do you think they will only move the valuation on more JORC? I thought from their flashnote comments that they will likely upgrade on successful second phase mets.

I'm not defending TP as I think an upgrade was definitely justified on first phase mets. The core results today were stunning but I suppose in the worst-case scenario that we're swimming in Cadmium then we've got a problem, so I suppose there is a certain logic in them holding off until the second phase metallurgy comes in. Judging by LR's jocular demeanour when talking about imminent mets and flagging the demand for "low contaminant" projects I am speculating that he knows we're okay. I also noticed that he was really pushing the Zinc today so I think we can expect those recoveries to have been improved.

Newbie I was more surprised that they didn't upgrade it after the first phase mets, as that was a bigger step on the de-risking path. The stonking assay results prove there's even more at stake but I guess they're waiting for the full de-risking confirmation of second phase metallurgy, as long as it's all as good as LR's demeanour suggests I reckon it's unthinkable that they won't substantially upgrade the valuation after 2nd mets.

RoT - I really liked the way that sounded in that the operator is certain to be someone else. Copper has not done well recently but is set for a huge increase in demand as governments are forced to ramp up wind turbines to meet carbon targets. This from Mining dot com.......
“In order to generate, transmit and distribute the energy, copper is required due to its low electrical resistivity, high conductivity, malleability and durability. As a result of the intensity of copper within wind farm projects and the increasing demand for wind energy, consumption of copper is substantial and forecast to grow significantly over the next decade.”

I'm not sure Milnrow - they're paying nearer 0.019 on NEX.

"Demonstrates that copper's in the system... denotes at some point the operator of the mine will be looking for copper". That interests me not so much for the copper but the strong implication that we will not be mining. Never seen him so confident - the highest detection limit at ALS Labs was set too low for this core!!!!!!! Where's that piggy bank?

Craigy - Just opened it via Vox - just repeats what we know really.
Cjen I had wondered if there could be a financing arrangement along those lines, funds do seem to be going a long way. The problem with the theory is that any financial agreement would have to be RNS'd and as yet it hasn't.

Turner Pope has a flashnote out on us but frustratingly I can't open it - anyone?

It's really worth looking around at other Pb-Zn explorers and miners to get a handle on how excellent these results are. I know it's the headline act and just a 4.3m section but 25.6% mineralisation is extraordinary, the wider industry is going to notice that.

I can confirm he's around - anyone heard about likely media today?

Cobra many PI's are seduced by rampy AIM companies. I'm not knocking GGP as I'm not researched there but I see they titled an RNS today "Further Outstanding Drill Results", we don't do that as it won't impress the industry and I'm all the more reassured for it. As I said I'm not running GGP down I don't know anything about it except gold is certainly a good place to be.

Brikz - good news re. funding but I still can't see it in the RNS. If it is there I might have to email an apology over to HQ! Will re-read slower.

Obviously global issues aren't helping Newbie and I suspect everyone is waiting for reassurance that the third phase mets are funded, I'm hearing that they are but maybe that should have been in the RNS.

But we don't need a leak to know that there are possible buyers, there are NDA's and we have been told they are talking to industry. They aren't engaging with us for fun but I would agree that if and when someone makes a decisive move on us it is likely to leak. For once I'm not surprised at the market today for wider reasons but also if they announce additional work it's natural that we have to hear about funding.

Well spotted Brikz I think that's the first time - check that detail of the core as well, wow!

I think there will have to be an announcement on funding the third phase metallurgy whether current funds will cover it or maybe we'll hear something on the 'non-dilutive funding optionality'.

Okay Arada - thanks and apologies for being a bit blunt, EUZ does things to you :)

We won't hear anything until some sort of exclusive agreement is signed until then we know there are people viewing the 'house' as you describe it Bobby, there have been site visits going back years and NDA's in place so why you don't think there is a 'possible' buyer I really don't know. I'm 100% certain that there is a possible buyer based on those indications, what I don't know is whether they will go forward and buy it and at what price.

Arada our purpose is to prove to someone with the clout that this is an economically mineable asset, everything we have done to date has been positive towards that. Our payday will not be from mining. Oh just do some flamin research I give up.