Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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- Ann: Drill Results Confirm Major HMS Discovery at Rosewood
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Ann: Drill Results Confirm Major HMS Discovery at Rosewood, page-32
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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Metals & Mining SECTOR NEWS
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18 Jun 2025 LITHIUM UNIVERSE LIMITEDLU7 acquires global rights to transformative PV recycling technology from Macquarie University, targeting higher material recoveries from solar waste and backed by $1.7M in investor commitments. The technology... Read more
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
---
Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
---
Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
---
Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
---
These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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IMO. DYOR. Let me know if anything is wrong/incorrect/or if I have missed something.
1. Resource and Reserve AssessmentGrade of Resource:
- Highlights of Grade Data (presented in a table for clarity):
Zone
Drill Hole
Thickness (m)
HM Grade (%)
TiO2 Grade (%)
Other Highlights
1 Upper Zone
CAR 38
4
12.48
63.4
Low slime content (16.68%)
2 Upper Zone
CAR 39
4
12.01
65.0
High TiO2 concentration
3 Lower Zone
CAR 37
4 (beneficiated)
31.90
64.5
Significant Vanadium (0.35% V2O5)
4 Lower Zone
CAR 39
2
7.24
64.5
Higher slime content (77.31%) affects recovery
Parameter
Zone
Value/Observation
1 Heavy Mineral (HM) Grade
Upper Zone
12.48% (CAR 38), 12.01% (CAR 39)
2 HM Grade (Beneficiated)
Lower Zone
31.90% (CAR 37, slimes removed)
3 TiO2 Concentration
Upper & Lower
63.4% to 65%
4 Rutile Content
All Zones
19-21%
5 Pseudo-Rutile Content
All Zones
68-70%
6 Vanadium Content (V2O5)
Lower Zone
0.35%
7 Slime Content
Upper Zone
16.68% (low, favourable for processing)
8 Slime Content
Lower Zone
77.31% (higher, may increase processing costs)
- Significance:
- High-Grade Zones:
- Rutile content: 19-21% (a high-value titanium mineral).
- Pseudo-rutile and anatase: Account for 68-70% and 4-7%, respectively, contributing to market value.
- These grades significantly exceed typical benchmarks for HMS deposits (10-15% HM) globally.
- High-Grade Zones:
Resource Size and Classification:
- Size and Scope:
- Initial exploration covers 8km x 2km, with high-grade mineralization over multiple zones.
- Historical drilling results (CAR series):
- Coverage: 2.5km strike length.
- Composite sample results align with recent findings.
- Classification:
- No official delineation of Measured, Indicated, or Inferred Resources yet.
- Initial results suggest substantial potential to move into high-confidence categories with further exploration.
Reserves and Mine Life:
- Reserves:
- Not established, resource development underway.
- Mine Life:
- With high grades and scalable mineralization, a potential multi-decade operation is feasible pending reserve estimation.
- Expansion Potential:
- Encouraging results from adjacent exploration zones like Claypan suggest the resource could grow significantly.
Limitations and Inconsistencies:
- Early-Stage Data:
- Relies on limited samples and historical data.
- Large slime content in the lower zone requires further metallurgical testing.
2. Feasibility and Costs
Feasibility Study:
- Current Status:
- No PFS or FS completed, exploration focus.
- Results from recent drilling are expected to guide feasibility.
Capital Expenditure (CapEx):
- Estimate: N/A.
- Potential Drivers:
- Infrastructure development for remote location likely to influence CapEx.
- Beneficiation facilities for TiO2 extraction.
Operating Costs (OpEx):
- Key Considerations:
- High-grade ores can reduce OpEx due to efficient recovery.
- Slime content in certain zones could increase processing costs.
Breakeven Price:
- Not Reported:
- Likely competitive due to high TiO2 concentrations.
Limitations and Inconsistencies:
- Cost Transparency:
- Requires more granular data from feasibility stages.
3. Revenue and Profitability
Financial Metrics:
- NPV and IRR: Not calculated yet.
- Projected Revenue:
- TiO2 market price (approx. USD $3,200/ton for rutile-grade material) suggests significant revenue potential.
Assumptions:
- Price Sensitivity:
- Stable demand from industries like EVs, pigments, and alloys.
- Market reliance on TiO2 and vanadium forecasts.
Hedging Strategies:
- Likely to be explored as part of feasibility planning.
Limitations and Inconsistencies:
- Over-dependence on optimistic commodity pricing could pose risks.
4. Timeline and Milestones
Development Schedule:
- Current Milestones:
- Assay results from remaining 45 drill holes expected by early 2025.
- Additional infill drilling planned for Q2 2025.
Risks of Delays:
- Permitting and Regulatory:
- Woomera Prohibited Area could slow progress.
- Lab Processing:
- Heavy reliance on timely laboratory outputs.
Milestone
Expected Date
Details
1 Completion of Initial Assays
December 2024/Jan 2025
Results from initial batch of 90 samples
2 Infill Drilling Campaign
Q2 2025
Focus on expanding and defining resources
3 Completion of Metallurgical Tests
Q3 2025
Includes HM recovery and processing tests
4 Feasibility Study Initiation
Late 2025
Pending resource classification
Limitations and Inconsistencies:
- Dependencies:
- External factors like financing and community engagement remain critical.
5. Geological and Technical Risks
Geological Models:
- Deposit Understanding:
- Placer-style mineralization with clear zonation.
- Inconsistencies:
- None evident; models align with HMS characteristics.
Mining Method:
- Planned Method:
- Likely open-pit mining, efficient for near-surface deposits.
Metallurgical Challenges:
- Recovery Rates:
- High-grade TiO2 suggests efficient recovery, but slime content in certain zones may need further beneficiation strategies.
6. Infrastructure and Logistics
Proximity to Infrastructure:
- Location:
- 120km southwest of Coober Pedy, accessible via established routes.
- Key Highlights:
- Remote site requires transport upgrades for long-term operations.
Development Requirements:
- Infrastructure Needs:
- Possible investment in roads and processing facilities.
- Availability of water for processing could be a limiting factor.
Infrastructure Component
Current Status
Development Needs
Potential Challenges
1 Roads and Transport
Established roads nearby
Upgrades for heavy vehicle usage
Increased transport costs in remote areas
2 Water Supply
Not specified
Sufficient supply needed for processing
Scarcity in arid terrain
3 Power
Likely remote sources
Investment in renewable or grid infrastructure
Cost and logistical feasibility
4 Processing Facilities
Not yet established
Onsite or regional beneficiation plant required
High initial capital expenditure
Limitations and Inconsistencies:
- Infrastructure costs could escalate, impacting overall project viability.
7. Environmental, Social, and Governance (ESG) Factors
ESG Factor
Details
Risks/Challenges
1 Environmental Permits
Required for exploration and development
Located in the Woomera Prohibited Area
2 Community Engagement
Native Title Claims acknowledged
Need proactive communication strategies
3 Environmental Impact
Low to moderate, with potential land disturbance
Requires clear land rehabilitation plans
4 Governance Requirements
High due to sensitive jurisdiction
Compliance with strict regulatory standards
- Environmental:
- Detailed strategies for land rehabilitation and water use mitigation needed.
- Social:
- Community agreements with local Indigenous groups must be prioritized.
- Governance:
- Operating in a high-regulation jurisdiction requires robust compliance.
8. Management and Team
Experience:
- Key Highlights:
- Leadership experienced in critical mineral exploration, particularly in South Australia.
- CEO Peter Reid is a Competent Person under JORC standards, indicating robust technical knowledge.
- Familiarity with Commodity and Jurisdiction:
- Extensive local knowledge demonstrated through the successful delineation of high-grade HMS deposits.
Track Record:
- Similar Projects:
- Petratherm has a history of discovering significant mineral resources in South Australia, including copper-gold prospects.
- Successfully advanced multiple projects to early-stage resource estimation.
Limitations and Inconsistencies:
- Team Composition:
- The document does not provide detailed credentials for other team members, which may require further scrutiny.
- Challenges:
- No major setbacks reported, but limited information on handling large-scale project complexities.
9. Financing and Ownership
Funding Status:
- Highlights:
- Exploration activities currently funded, with no immediate financial constraints reported.
- Development-phase funding not yet secured, presenting a critical gap.
Ownership and Partnerships:
- Tenements:
- Petratherm holds 100% ownership of key tenements (e.g., EL6815, EL6855, EL7007).
- Joint ventures provide flexibility in expanding equity stakes, with provisions to reach 100% in key areas.
- Partnerships:
- Collaboration with Narryer Metals and G4 Metals strengthens resource access and exploration capabilities.
Capital Structure:
- Debt-to-Equity:
- Not explicitly detailed, though early-stage exploration suggests low debt levels.
- Dilution Risks:
- Future equity financing may dilute shareholder value if large-scale investments are required.
Limitations and Inconsistencies:
- Funding Gaps:
- Lack of clarity on how development-phase costs will be financed.
- Potential Risks:
- Financing terms, if unfavourable, could reduce project profitability.
10. Market and Economic Context
Economic Parameter
Value/Observation
1 TiO2 Market Price
Approx. USD $3,200/ton (Rutile-grade)
2 Vanadium Market Potential
$7-10 per pound, depending on market fluctuations
3 Potential Revenue Streams
High-value titanium, vanadium credits
4 Commodity Demand Drivers
Electric vehicles, renewable technology, pigment markets
Commodity Market:
- Current Market Prices:
- TiO2: Approximately USD $3,200/ton (Rutile-grade).
- Demand driven by critical applications in pigments, alloys, and renewable technologies.
- Market Alignment:
- Project benefits from titanium’s inclusion on Australia, US, and EU critical minerals lists.
Supply-Demand Dynamics:
- Positive Forecasts:
- Rising demand from electric vehicles, wind technology, and battery storage.
- Limited global supply of high-grade titanium minerals bolsters long-term market potential.
- Oversupply Risks:
- Low, given titanium’s diverse applications and strategic importance.
Geopolitical Risks:
- Jurisdiction:
- South Australia offers a stable mining environment.
- Operating within the Woomera Prohibited Area introduces added regulatory oversight but ensures orderly resource development.
Limitations and Inconsistencies:
- Market Forecasts:
- While aligned with global trends, reliance on sustained TiO2 demand remains speculative.
- Regulatory Complexity:
- Detailed plans to navigate Woomera-specific challenges are not yet outlined.
11. Competitive Position
Factor
Project
Industry Average
Comparison
1 TiO2 Grade
63.4% - 65%
50%-60% (typical)
Above average
2 HM Grade
12.01% - 12.48%
10%-15% (typical)
Competitive or better
3 Distance to Infrastructure
120km from Coober Pedy
Varies
Moderate distance
4 Development Stage
Early exploration
Variable
Lags established competitors
Benchmarking:
- Comparative Advantages:
- High-grade HMS deposit with exceptional TiO2 concentrations.
- Favourable location near key infrastructure (roads and rail links to ports).
- Competitive Weaknesses:
- Early-stage development lags behind established HMS producers.
Competitive Strategy:
- Future Plans:
- Expansion through infill drilling and metallurgical testing.
- Potential for downstream processing to add value.
Limitations and Inconsistencies:
- Sustainability of Cost Advantages:
- Long-term operational cost competitiveness remains unproven.
- Industry Position:
- The project needs to secure strong offtake agreements to solidify market presence.
12. Exit Strategy
Path to Monetization:
- Monetization Plans:
- No clear exit strategy defined yet (e.g., dividends, asset sale, or joint venture expansion).
- Revenue Opportunities:
- High-value TiO2 minerals and vanadium credits could attract buyers or strategic partners.
Long-Term Vision:
- Expansion Potential:
- Adjacent deposits and underexplored areas suggest significant upside for production growth.
- Corporate Goals:
- Positioned as a critical minerals supplier, aligning with global sustainability goals.
Limitations and Inconsistencies:
- Defined Strategy:
- Exit plans need further articulation to ensure alignment with investor expectations.
- External Factors:
- Market conditions, commodity prices, and geopolitical risks could delay or complicate exit options.
Conclusion
This project shows strong potential as a valuable mining opportunity, particularly due to its high-grade titanium sands, which are well above industry benchmarks. The minerals identified, including rutile and pseudo-rutile, are in high demand for renewable technologies, electric vehicles, and industrial applications. The project is in its early stages, so while initial results are promising, there’s still work to be done in confirming the full scale and quality of the resource, as well as securing funding for development.
Challenges include its remote location, which could increase costs, and operating in a regulated zone that might slow down progress. However, with its strategic alignment to the growing demand for critical minerals and a favourable jurisdiction in South Australia, this project could become a significant player in the titanium market if its potential is fully realized. It’s a high-potential opportunity but requires careful management to address its risks and limitations.
Last edited by Lacan: 04/12/24 -
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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