Member Info for theiceberg

The license has probably been renewed already, those sites can take a while to update..

Difficult buying this morning and frustrating.
1000 chunks at most and my last chunk was at 3.32. It really was annoying !

There will be tomorrow...ideally I don't want it to go up any more today. Then tomorrow or the next few days a 10-20% rise will see i t on the boards and more will buy with momentum.

The stock should recover nicely as the US comes out of covid, with the infrastructure spending. It's now nice and lean on the cost side with new management wanting to make their mark.

Appallingly run previously but it's a good opportunity

Because the annual results didn't justify a 30% drop....I brought a few between 5 and 6p as it's a screaming 20-30% gain before selling and having a free ride.

I know we all have our favourite bits.
"We will drill to extend the oxide open pit and we will drill deeper to test the continuity of the body into sulphides. It has been postulated that Eureka may well be an IOCG deposit, and we will investigate that prognosis. At the time of writing, we are moving drilling equipment to further test the extension of strike."
Is one of mine. surely looks like a very shallow profitable copper mine that will be produced pretty quickly.
The deep target is the real jewel though....

Agree Steve a simple 2D diagram cannot show drills in different locations ...I make it that it intersected drill 1 at maybe 400m depth and mineralization was at about 450m depth. I massive fag packet triangulation would give a min 250m diameter cigar down there. But if hole 6 didn't go through the widest point of the circle -which would be a miracle if it did, then it could be 300-350m.

I wish xtr would improve their rns writting ability.
Hole 6 ended nearly a quarter of a km from hole 1. That makes for a big underground system. It's unlikely we've found the edge.
The size of the likely open pit would give an already made incline to 500m depth for any addition block caving.an
It's interesting the height above hole 1 that hole 6 hit mineralisation and intersected.

I still have my holding. But i have been having a very strongly worded communication with our Nomad.
The company needs to put in place a few changes.
BZT - has an outstanding overdue action on companies house. The rules of AIM trading are such that a company MUST obey all filling deadlines. Its quite insane that as a Nomad Cornish have not enforced this.
For XTR: The company secretary is Lion mining finance - this has a single director which is Colin Bird. Again rules of AIM trading is that the company secretary should be different to the the Chairman/CEO. Again this is just an oversight but Lion mining finance should not be the secretary of XTR.

The secretary for both companies is simply failing to submit fillings and paperwork. Even if an exemption is called for. This should have been submitted and RNS's. Not leaving it to the final few days.

I don't think there is anything underhanded here, but Colin needs to be forced by the Nomad, to get the house in order. To professionalise things.

We don't have any control as to when the news is released, although I am still perplexed about the EOY statement etc.
I trust in my judgement and investment reasons, so i hold (i don't expect others to trust mine they should trust there own reasons).
There hasn't been any negative news so onwards we go!

I said awhile ago about talking to a few labs - which confirmed how snowed under they are, not just in Australia but pretty much globally now.showed
I also found this going through my mails, which folks might find interesting. It's the ALS labs price list for 2021. How much they charge in EUR per metre for core prep, metal assay and the different types of assay they can do.
https://cdn-als.dataweavers.io/-/media/als/resources/services-and-products/geochemistry/fee-schedules/als-geochemistry-fee-schedule-eur.pdf?la=en&rev=3f8869e062a44da7b64c8dcc648c44a7&hash=968DFD31F0E529319A18D361F4B422E8

I am looking forward to the deeper drilling at Eureka to examine for sulphide at depth. Anything below the known layer, below 50-100m would be incredible.

It was a bit weird it wasn't delayed timestamp.
There does seem to be a someone/ people happy to wait for shares to build up on the ask(L3 actual quantities that market makers are offering) and then they take it out.

Unofficial- but official ie you can view them on things like the Bloomberg terminal.

Quite strange MM behaviour today. I can sell currently for 4.3p, which is higher than many of todays buys.
It kind of indicates that at least some of the MM's want shares. This is turn indicates that level 3 (the big shadow orders that the Market makers can see, but we can't), probably has no or very little quantity of shares available to buy at these levels. (unless of course folks start selling again).

Want to own up to the 1m in 100k buy s. That has just moved the price .

Shorn, a few places had that as an estimated date, but that's all it is..An agm has to be RNS.I am not really concerned just confused.

So, the accounts need to be submitted to companies house by the 30th of June.
We need an AGM to sign them off before they are submitted and an AGM needs 21 days notice.
Conclusion the accounts will not be submitted on time. I thought they would be and was wrong.
So the confusion is why?
Is it because they need time as the accounts are really complicated? Or maybe due to covid?
I personally don't buy either of them. As far as we know the accounts are not more complicated than previous ones. Covid has not particularly affected things, we have directors and experts on the ground is Australia able to cover Bushranger.
So what is Colin playing at?
- It could be projects are more complicated than we thought, maybe due to the stage of development in Manica.
-It could be that Colin is retiring and he wants to get his replacement in?
-It could be that Colin is desperately waiting on news which he thinks is really important to include in the results.
To be honest it could be anything and I am confused. But it will be interesting. Here's hoping its not simply because he's dropped the ball.

Steve, I am not frustrated at all. Bushranger is doing exactly what we want to start drilling phase 2 next month.
We've always know that the African assets are, a little well , african i.e it happens when it happens, partly because nearly everything is 3rd party.
Volume is tiny and I see no evidence that people will look at the annual results and decide to sell a few weeks before phase 2 is due to start, a phase which is due to have twice the number of rigs and 4x the amount of drilling.
Just imo

It has to be Tuesday or Wednesday..

Chance of the end of year results tomorrow...with a summery of all the projects I hope.