Member Info for ZaphodBeeblebrox

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What do you base your 2p target on?
Just wondering if there is any substance behind your wild ramping.

Thankyou.

Sorry, l should have written 71 Mt at 0.44% Cu!

Good summary Cygnus. We know the next Racecourse JORC resource will be way above 71 Mt @0.39%. We know we will be way above the previous 270000 tons of contained copper but with currently uncertain tonnage and grades. The 2 million tons target is a risk, and some may be disappointed if we miss that, although as has been said that would still leave a very viable project.
With multiple porphyries there is a chance of considerable upside to the 2m tonnes target too, given proper evaluation, and a risk of selling too early and not getting full value.
With African production coming along, there doesn't appear to be too much downside risk to XTR. I do hope that our very own "Hannibal " Bird stays healthy long enough to see his plan come together!

Thankyou for maintaining your engagement. Thanks to you, irishmouse, petroleum and others there has been an excellent level of info maintained in this board.
As for dodgiest of the dodgy end of AIM, that's an accurate assessment. More smoke and daggers than a spy novel.....

Oofy: "The building of the plant is miles behind schedule, they haven’t got planning permission for large parts of it, nor EA or HSE approval of their plans and they’re probably short of the money they'll need, even with the recent £1.4mm placing. "
Doesnt sound like ANGS have a hope in hell of being ready in 2022, would you agree?
Luckily I've never been tempted into buying any Anguish shares! :-)

andymillsy.
Was interested to find out that Brian Cox got a D at A-level maths.
There's hope for everyone!

https://www.discovermagazine.com/planet-earth/earths-magnetic-north-pole-has-begun-racing-towards-siberia?mc_cid=6aabf1fdc5&mc_eid=9684fc266f

Looks like the Earths magnetic north has packed its bags and left North America and headed over to Siberia.
Probably fed up of warmongering Washington DC neocons looking for their next country or two to bring death and destruction to.....Yemen obviously isnt bring in enough moolah for the Military Industrial Complex.

The main risk is not geological or commercial but political/military and it comes in the shape of China. If things kick off in Taiwan or elsewhere things could get messy quick and Australia will be on the receiving end. That's my main risk for this project this year.
We are overdue a switch in the Earth's magnetic poles too, but that's a lower risk in my book.

The extras will be ready in June but the new Racecourse JORC and open pit model update should be ready by end April.

Bhargav
Thankyou for listing out Brads strategy for the next couple of months. Let's see if they pan out.
I would be as happy as you if they do.

He seems to have a lot of time to chat to investors for a busy CEO? Not that it's not appreciated but it sounds a bit odd that before a flight he's happy to entertain P.I.s?

Saltfleetby has got options. If the field is well compartmentalized by faults that does make competent geological planning of future work essential. The field can be monetized for gas storage as well as gas production, and l wonder if anyone has looked at enhanced gas recovery options using injected carbon dioxide, thus getting paid for sequestration while producing. Just mulling what l would do with the field if l were running the show.
Maybe Paul Forrest's backers, and l am sure he has them, have their own plans, and he is literally just "caretaking" for them. Sorry, l just have a suspicious mind around all the shenanigans with AAOG. 2022 does look to be the year when hands may need to be shown.

Thanks petroleum1, will take a look. The next six months, or even weeks, will be pivotal for the future of Saltfleetby. I wonder if our resident Sherlock Holmes has turned out any connections between the hedgefund lending to Lucan and the incompetent man himself, but as OofyProsser has said, it is a weirdly exploitative arrangement made for the loan.

Yep NtM it certainly needs a thick skin to deal with blatant rampers and derampers, but also some of the company executives on AIM who are just plain gaming the system or downright corrupt. Luckily, after 5 painful years, l hope l can say that Colin is not one those.

Hopefully seen as a non issue.

That's true Oofy. Am a bit behind on Anguishs progress under it's blue blood figurehead Lucan, hard-bitten oilman that he is not.
So reservoir is presumably repressurised,
borehole conditions assumed good, hopefully they can produce the necessary 3-5 mmscf/d needed.
If not, who wants to bet that Paul Forrest's shadowy backers will be willing to step in and pick up ANGS for a firesale price later this year?

NtM it goes to show no one is beyond redemption.
A bit of humour goes a long way....

This drilling in different directions is to establish the dip (perpendicular to main structural orientation) versus strike (parallel to main structural orientation). Vein emplacement would have been controlled by structural stresses at time of emplacement. The Geos will use the early drill data to work out the direction of those stresses and resulting veins, and aim for an optimum dip direction for drilled holes to (hopefully) intersect as many veins as possible.

The 16:27 trade for 100,000 shares is listed as a "Sell" but is most definitely a BUY, by me.
That's my weekend gargle blaster and movie ticket money gone. The missus will have mixed feelings :-)

RNS tomorrow?

Very convincing sales pitch for Looner Mining , Steven, although l confess l thought l was reading a Poor Venereal disease sufferer posting tbh! Lol