Member Info for Shorn

@CaveatEmptor
Also , say the avg diameter is 300m @ 0.9% => 1.8m, and no AA buy back triggered - what does that mean ?
A great asset worth a lot to the wider market ?
ATB Shorn

@CaveatEmptor,
So as i understand it the AA buy back is based on an independent fair value.
Taking an arbitrary 350m avg diameter @ say 0.75% => 2m what does that mean to the SP (i realise there are many variables) - but as a novice i am trying to link the potential physical reality to the likely business outcome filtering through to SP value.
ATB Shorn

I believe LSE admin will catch-up and sort this idiot out. i have reported him and he's been reported on another board too.
ATB Shorn

Yep - i can't get my head around this behaviour but having only been involved in LSE for a few months it does seem happen fairly regular, particularly at weekends.
ATB Shorn

@CaveatEmptor
copy his name and paste into the filter bar above
ATB Shorn

@Shiner75
Thanks that's interesting.
I can only see this list growing.
ATB Shorn

@gshivers
I think i saw a post on the GGP board where someone posted a list of GGP- II's on "morning star "?? platform - if my memory serves me right...
Is it a site that needs an account for such data ?
ATB Shorn

@gshivers
Was it "Miton" or are they not Blue Chip ?? - ignorance kicking in again - but i do know they were really keen to buy more...
ATB Shorn

@gshivers
If they are building a bigger position - would that explain the static SP at c13p for the last week ?
ATB Shorn

@CaveatEmptor
So that's XXBR-002, assuming all is pointing the right way then they would start drilling XXBR-003 intersecting further down the cigar to see if it the width continues down the cigar at depth, taking more time than 002 to drill (say c5-7 days?).
Would a 3D updated image be possible from old and new drillings together with whatever imagery they have ?
Forgive my ignorance in geology, hoping more knowledgeable people than my self can take my point further...
ATB Shorn

@Ella10
I am no geologist but wouldn't they drill XXBR-002 from an alternate angle to add a 3rd dimension to the cigar.
The drilling diagram we have is 2 dimensional, and i would want to get the width of the cigar from the opposing side to BRD009. How much imagery and drilling is required to map / model the cigar in 3D ?
I remember looking at the developing model of the crescent find at Havieron over a number of months.
ATB Shorn

@Sumoskier
Do we know for a fact a TR1 is arriving next week ?
Why do they delay these announcements unlike when an RNS comes out ??
ATB Shorn

@3cardbrag
Could the additional "blue chip" investor be more than just a cash investor ?
Meaning is it possible that the company could be an operator in the mining industry dipping their toes in so to speak, with longer term objectives operationally...?
ATB Shorn

@Blantyreboy
In his last Zac M recording (when he announced of the end of the first drilling hole) he did say it was also the end of daily updates. The sound quality wasn't great as the signal was dropping in and out.
ATB Shorn

Sorry posted mine at the same time as LUFC1111
ATB Shorn

Now i am confused - what do we believe the SP range should be for JLP using an appropriate PE range for a materials recovery business in growth mode operating in the mining sector, that is not mining (with their associated risks) ?
Realising of course there are varying views on likely revenue and ultimate profit.
ATB Shorn

@Chrismar
"With 15 being industry average I would tentatively suggest a PE of 20-25 for such a high growth company"
Where are you getting this info from - you got any examples ?
Forgive my ignorance on company stats and values.
ATB Shorn

@News
A very interesting point made there.
Additionally, did we all forget we heard Zac Mir say in his weekly update that he expected the XTR share price to retract to c4.5p (although he was wrong about his timing...)
ATB Shorn

@Major-Tom @montyboz
Thanks both that clarifies how to verify depth and width (though i realise we have a lot more to drilling to do, and lab results too).
Let's assume we hit final depth with first drill by this weekend...
Not having any experience in mining - how long to drill the next two holes of phase 1 given drill set up times etc, another 3-4 weeks from next Monday sound reasonable, with initial lab results from early sections of this 1st drill back ??
ATB Shorn

@Morningsun, anybody...
Hi do we know if there are any diagrams showing the same drilling data but in a plan view to show how the next two holes (XXBR-002 & 3) will expose and increase in width from 250m due to drill angle, as suspected ?
Do we have any imagery, (alternate / previous AA) data supporting increasing widths at depth ?
ATB Shorn