Member Info for Shedulike

On the Jorc it was guided as 4 weeks from assays, so that's one gone by tomorrow. LR also said the 4-day workshop with AMS could have saved a couple of weeks so there's a case for back-end of next week. I've noticed a lot of people still saying 4 weeks so are you reading that differently?

Interesting run of substantial buys at 12-11

Thanks chaps - I'll digest when I have some proper time. Best

That's an interesting issue Gam. I was wondering (assuming we get indicated) what sort of % inferred - indicated would be considered a result? Anyone experienced a similar situation of an explorer getting their first indicated and where any data can be seen?

Bobby I wish you all the best but after all that time couldn't you have waited a couple of weeks for our first indicated?

Crikey the board is awful today, why do some people lose all trace of dignity when the pressure comes on?

For what it's worth I don't think he did dodge the presentation for devious reasons, once it was apparent that we were drilling on it makes much more sense to have an event after JORC and when there is a new drilling strategy to talk about. He would have just been going through the assays and reiterating that we have to wait for the independent assessment. Although his presentation style is a little idiosyncratic he clearly enjoys them. Personally I think he's genuinely off his feet, I sent an email to info@ because I thought the company secretary or someone else could handle the question but Laurence replied despite being between interviews.

I believe the mets will take longer. The JORC will definitely come first and if the workshop with AMS really has saved a couple of weeks then it should be less than two weeks for them to land.

He's better on radio isn't he (no offence LR). Seriously though more clarity than the Proactive interview.

Fair enough 10BaggerT - good luck elsewhere but I would have waited for LR's presentation. When bad news hits it's tough to remember what we have. Anyway hope it works out for everyone and well done on bowing out without twisting the knife on holders which seems to be the trend so often.

Bricks not a put down but I think that's a bit far fetched. The drilling campaign went well and JORC is round the corner I admit I'm a little confused at the new strategy but LR has pledged to post what was meant to be his TP presentation this evening, hopefully that will provide more clarity.

Yep that's a possible bonus. I do think sentiment will change with the JORC but I do wish he'd put a bit more energy into these interviews to help in the meantime!!

Deez - assays in and JORC under could be less than 3 weeks.

I thought it was interesting, but I put my hands up I called this completely wrong. They are raising their sights, talk of 3rd party groups / off-take groups - they want to mine it with partners.

Yes no more for me, I loaded my ISA at 0.47 and am furious that I could have done this so much cheaper. Still confident of seeing a good return and if the next drills give us further indicated to justify the dilution then we'll ultimately benefit from this news. LR & MC should have made preparations to address PI's this morning, it's scandalous we'll left guessing about the strategy.

TicoR we don't need the money for admin through to a sale. The money is for another round of drilling so either we won't have enough indicated in the JORC or the maybe the copper is just too big a prize not to go after. According to LR the JORC should come much sooner than previously guided. I do think the Directors owe us a conference call.

I was also wondering if the copper has ironically caused us some short term pain here. We know that discovering it at depth was a surprise and they're trying to establish the link to the copper previously found in the shallow drilling. Really need some clarification from the Directors now because everything was pointing towards a swift conclusion to this story.

Well yes B1LL and I've taken my humble pie this morning, I thought the last campaign was the last drill and the warrant cash would see us through. Bit of gallows humour but at least you can take part in the placing price now!

On a more trivial note that's nice for anyone who might have bought train tickets.

I'm not pretending to be anything but livid but I guess LR could argue the last campaign has delivered a 150% platform in terms of the last placing level. Maybe the copper was just too good not to go after. One comfort is that EUZ are different from most AIM companies in that this money won't disappear in salaries and will be 100% targetted at building the proven resource. I just can't see how anyone could make a case that PI's have been treated on a level playing field to the institutions - yes we know that's the case in all FTSE markets but has it ever been laid more bare?