Member Info for Tiggrrr

I personally just think news flow is going to be a bit slow in the next few weeks. Bill isn't going to be very chatty any more and I get the feeling (just my opinion) that given we haven't heard a peep from Rod yet that he has to be fully on boarded as a director before he can talk to us as the CEO. I don't know how long that piece of string is, particularly over summer months, anybody else have more knowledge on that and point I'd welcome factual input, factual though please.

As far as hanc0ck, all the last communications do talk about the camp location, haul road location etc. From what I can glean between the lines, permits need to be in place before you can put a shiny portacabin in. Having lived in Oz for 5 years I know what they're like about permits and health and safety. They wont be able to dig a dunny (bush toilet) without a permit but also won't be able to have permanent boots on ground without the dunnys in place for the team. The heritage surveys for native land rights are massively important over there and nothing can move before that's all done. Now that Bill's workload has been made a bit lighter he'll be 100% on that work... this is a good thing!!

So, like I said, I think newsflow will be light for a few weeks, plenty of pretty pictures of Hanc0ck coming through which points to activity on site, sit tight Steviom, all will come good in my opinion! DSO at Hanc0ck is what caught me with UFO , EH and MM are a huge bonus that has evolved after I started buying in but the DSO is a complete no brainer....patience!!!

Steviom, Onslow is the port they're building where they load the iron ore, not the mine, We were originally told Hanc0ck will truck to port headland. Min Res are building Onslow which will be closer for us to Brockman and Vivash. Building an enclosed ore storage and offshore loading facility is a much bigger proposition than us digging DSO at surface, grading and trucking to a different facility that's already shipping. That's how Q1 for us at Hanc0ck when onslow is later

Nice volume early on this morning, bit of a ruse before the weekend would be good

Also Steviom, we're talking about march next year, that's still 7 months away from now, a lot can be achieved in that time, plenty of time to see this beast come to life yet

Absolutely DRB, Dec to Feb is cyclone season, 40'+ everyday, sometime 50+, drenching humidity, it's rough out there man! I lived in Oz for 5 years and have a pretty good idea of what the climate they're dealing with is like. At this time of year it's still hotter than us in a heat wave but now is when you want to be doing any heavy work unless you're in an aircon cab all the time.

On a slightly more positive version of 'Lets Guess', when do we think we'll get the first interviews with Rod? Stockbox etc. thought we would have heard from him by now or does he have to be fully onboarded as a director first? if that is the case does anyone know how long that process runs for, summer holidays slowing the process down?

They're a higher tech version of a geiger counter. Gamma rays are given off by the nuclei of radioactive materials as they decay, Geiger counters give a count per second whereas a gamma ray spectromneter can give you the part per million (ppm) reading and more insight into the material

https://www.tp.physique.usherbrooke.ca/experiences_fichiers/Gamma-Tomographie/Sites%20Web%20de%20reference/Gamma_spectroscopy.html#:~:text=While%20a%20Geiger%20counter%20or,photons%20emitted%20by%20the%20source.

there's not going to be placement at these prices with cash in the bank. They'll forward sell DSO before that

''Programme will utilise a handheld gamma-ray field spectrometer '',,, well that's going to take a long time to complete.??
Ragingcow, for a phase 1 survey a hand held spectrometer is going to give an instant result as opposed to drilling cores and sending off to labs for assays. Not just quicker but way way cheaper and also gives the results at surface. I must be missing your point here?

Although, this was December 21 and quoted

'Once in place, the cleaning and making safe of the underground workings will be possible. Work has commenced to get the equipment to site and installed and it is hoped that this will be completed and a safe and open underground access by the end of 1Q22.'

We're now at the end of Q2, lets hope 'Shovel Ready at Hanc0ck in Q123 is a little more on track than this, either the newsflow from EH is slow or we're not back underground

I'm with smiller, Rod getting a chunk before being officially on boarded makes perfect sense

Silver 4.2% up today now, good to see it getting back up there! A slow climb but it's moving in the right direction

Silver, however, is up 2.4% today, thought you'd be more excited about that Max ;)

I feel this is a very positive move, even just £10k cash for the transaction covers our costs to date from reading through and we then hold a significant percentage plus the smelting royalties if they get this into production or en-route to production/JV

It's all adding to the balance sheet. Explore some ourselves and crystallise others to add into our balance sheets. all very positive IMO

I've still got old meters, my friend down in the village has and they're going backwards now he has some solar, need to get an ev an plug it in at his house lol

Energy's way to expensive in the UK to make a serious volume. My business uses a lot of glass jars which are 40% up this year. The gov't has to raise taxes from somewhere now they've reduced tobacco consumption so much. Our fuel is over 40% duty in the UK, no way we'll ever be a major producer again with that stance. The fuel in US and Oz is so much lower on duty and they are therefore way more industrial in manufacturing. As we switch to electric vehicles expect duty to increase there. Do you remember how diesel used to be 20% cheaper than petrol (if you're old enough) as it was perceived less polluting a couple of decades ago, now that's flipped.

Anyway, Saturday rant!

DSO will always have a market, I really don't feel we need to worry too much on that front. The Chinese gov't could create downward buying pressure a bit but if they want it they need to pay, others will if they won't. I can see they may well stockpile and then use that to manipulate the markets though so that might be something to watch. To stockpile enough to do that though would probably be as much as we have in Hanc0ck

The bottom ..please!!!

Thanks Max!

I had a look back at the rns from 22/03 where it was announced that we had a 100% interest in Munni Munni. Artemis got 358.6m shares, Platina got 138.7m shares leaving Artemis with a 7.55% interest in UFO and Platina with a 2.94% interest. I'm getting the impression that there may have been pressure from the former Munni Munni parties to get someone in who can get the project up and running quickly...... Thoughts?

Roger doesn't seem to get that though, he really should go NS&I, might get more but would always have his base line