Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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- Ann: Drilling Confirms Potential for World-Class Titanium Project
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Ann: Drilling Confirms Potential for World-Class Titanium Project, page-151
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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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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
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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.......
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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.
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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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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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IMO. DYOR. If anything is wrong, let me know.
1. Resource andReserve Assessment1.1 Grade of Resource
- Average Heavy Mineral (HM) Grade:
- Across all drilling intersections, average grades range from 7.1% to 13.6% HM, with exceptionally high-grade zones reaching 26.3% HM (Hole 24RW019 at 29m depth).
- The mineralization is dominated by valuable titanium-bearing minerals, exceeding 95% Valuable Heavy Mineral (VHM), primarily consisting of rutile, leucoxene, and pseudorutile.
- New intersections (from the latest announcement) confirm exceptional continuity, with results such as:
- 24RW005: 25m @ 7.1% HM from 8m, including 5m @ 16.6% HM from 28m.
- 24RW019: 28m @ 13.6% HM from 10m, including 8m @ 26.3% HM from 29m.
- 24RW036: 16m @ 12.1% HM from 14m, including 8m @ 19.6% HM from 15m.
- 24RW031: 19m @ 9.0% HM from 5m, including 3m @ 19.5% HM from 6m.
- Comparison to Industry Benchmarks:
- Economic titanium deposits typically require at least 5% HM to be viable—Rosewood significantly exceeds this benchmark.
- The project’s titanium dioxide (TiO₂) content is above 93%, reinforcing its economic potential.
- High-Grade Zones Offering Economic Advantages:
- Several thick, high-grade intercepts indicate a potentially low-cost mining operation due to shallow depth and concentration of valuable minerals.
- Mineralization is continuous over a 15 km² area and remains open in multiple directions, indicating expansion potential.
1.2 Resource Size andClassification
- Current Resource Extent:
- The known mineralized area extends 15 km² with an 8km east-west extent and widths between 500m to 2.2km.
- Open mineralization to the north, west, and east, with strong indications from historical drilling that mineralized sediments extend at least 3 km further north.
- Classification Breakdown:
- No JORC-compliant Measured, Indicated, or Inferred Resource has been disclosed yet.
- Early drill results suggest a significant deposit, requiring further infill drilling to confirm resource categories.
1.3 Reserves and MineLife
- No Proven or Probable Reserves yet due to the early stage of exploration.
- Potential mine life:
- If the 15 km² area proves economically minable, it could support a long-term mining operation.
- Future drilling is expected to expand the resource base, potentially increasing the scale and longevity of the project.
1.4 Limitations andInconsistencies
- Key limitations:
- No formal JORC-compliant resource or reserve statement yet.
- The project currently relies on Inferred Resources, necessitating further drilling to confirm deposit size and quality.
2. Feasibility andCosts
2.1 Feasibility Study
- No Pre-Feasibility Study (PFS) or Definitive Feasibility Study (DFS) completed yet.
- Next steps:
- Collection of bulk heavy mineral samples for trial mineral separation.
- Processing using standard ore separation techniques to confirm recovery rates.
2.2 CapitalExpenditure (CapEx)
- No official CapEx estimate, but key cost considerations include:
- Processing facilities for titanium mineral separation.
- Infrastructure investments (road access, power, water).
- Exploration and development drilling.
2.3 Operating Costs(OpEx)
- No disclosed cost estimates yet.
- Given the high-grade, shallow mineralization, OpEx could be competitive compared to industry peers.
2.4 Breakeven Price
- No official breakeven price yet.
- Market prices for rutile (~US$2,500/t) and leucoxene (~US$1,500/t) suggest strong revenue potential.
2.5 Limitations andInconsistencies
- No economic model released yet.
- Inflationary cost pressures and permitting costs remain unknown.
3. Revenue andProfitability
3.1 Financial Metrics
- No official Net Present Value (NPV), Internal Rate of Return (IRR), or payback period has been disclosed yet.
- Early indications suggest that the high-grade nature of the deposit and strong titanium market demand could contribute to high profitability, but this is not confirmed by feasibility studies yet.
- Revenue Potential (based on grade and market prices):
- Rutile price: ~US$2,500/t
- Leucoxene price: ~US$1,500/t
- Given the high TiO₂ content (>93%), the project has the potential to yield premium-priced products.
3.2 Assumptions
- No formal financial assumptions have been provided yet.
- However, market analysis suggests:
- Titanium dioxide (TiO₂) demand is increasing due to its use in aerospace, coatings, and pigments.
- Supply constraints globally may provide pricing support over the long term.
- Inflation risks and production costs remain unknown, as no feasibility study has been completed.
3.3 HedgingStrategies
- No disclosed hedging strategies yet.
- Future potential strategies could include:
- Offtake agreements with pigment or aerospace manufacturers.
- Long-term contracts with industrial consumers to stabilize cash flow.
3.4 Limitations andInconsistencies
- Key limitations:
- No formal revenue projections or cost estimates yet.
- The profitability depends on market conditions and the ability to produce high-value TiO₂ concentrate efficiently.
4. Timeline andMilestones
4.1 DevelopmentSchedule
- Next 4 Weeks:
- Infill and step-out drilling to further delineate the deposit.
- Additional metallurgical test work to refine processing and recovery models.
- Next 6 Months:
- Potential initial resource estimate (JORC-compliant).
- Bulk sampling program (500+ kg of material) to confirm heavy mineral separation efficiency.
- Beyond 12 Months:
- If results are favorable, a Scoping Study / Pre-Feasibility Study (PFS) could be initiated.
4.2 Past Performance
- Petratherm has met exploration milestones efficiently.
- The company has consistently expanded drilling programs based on successful results.
4.3 Limitations andInconsistencies
- Regulatory and permitting timelines remain uncertain.
- Financing for the next phase of development is not yet secured.
5. Geological andTechnical Risks
5.1 Geological Models
- The mineralization model is well-defined, based on a fluvio-deltaic marine placer system.
- The deposit is relatively shallow and laterally extensive.
5.2 Mining Method
- Open-pit mining is expected due to:
- Shallow depth of mineralization (~0m to 14m depth).
- High-grade zones concentrated near the surface.
5.3 MetallurgicalChallenges
- Preliminary metallurgical testing suggests that over 95% of the heavy minerals are valuable (VHM).
- Key considerations:
- Heavy mineral separation trials ongoing to confirm concentrate recoveries.
- Processing plant requirements are still unknown.
5.4 Limitations andInconsistencies
- Metallurgical recovery rates have not been formally established.
- Potential contaminants in the orebody are not yet identified.
6. Infrastructure andLogistics
6.1 Proximity toInfrastructure
- Located ~120 km from Coober Pedy.
- No existing on-site infrastructure (water, power, roads will need development).
6.2 DevelopmentRequirements
- Road access must be constructed for bulk transport.
- Power and water sources need assessment before scaling up operations.
6.3 Limitations andInconsistencies
- Infrastructure cost estimates are unavailable.
- Project viability depends on cost-effective infrastructure solutions.
7. Environmental,Social, and Governance (ESG) Factors
7.1 Permitting andCompliance
- Located within the Woomera Prohibited Area (Green Zone), requiring additional regulatory approvals.
- Native Title considerations:
- The SCD2011/001 Antakirinja Matu-Yankunytjatjara claim applies to this region.
7.2 CommunityEngagement
- No formal agreements with local Indigenous groups or communities have been disclosed yet.
7.3 EnvironmentalImpact
- Key considerations:
- Land disturbance due to mining and infrastructure.
- Potential water usage for processing.
- No disclosed environmental mitigation strategies yet.
7.4 Limitations andInconsistencies
- No environmental impact assessment has been completed.
- Community consultation status is unclear.
8. Management andTeam
8.1 Experience
- CEO Peter Reid has a strong mineral exploration background but limited experience in large-scale titanium mining.
8.2 Track Record
- Successfully expanded the project through multiple drilling campaigns.
8.3 Limitations andInconsistencies
- Lack of experience in titanium project execution.
9. Financing andOwnership
9.1 Funding Status
- No secured funding for feasibility studies or project development yet.
9.2 Ownership andPartnerships
- Petratherm holds 100% ownership of the Rosewood Prospect.
- JV partners: Narryer Metals (EL6715), G4 Metals (EL6873).
9.3 Limitations andInconsistencies
- Funding strategy is unclear.
10. Market andEconomic Context
10.1 Commodity Market
- Rutile prices (~US$2,500/t) and leucoxene (~US$1,500/t) are strong.
- Global TiO₂ demand is increasing, particularly in aerospace and coatings.
10.2 Supply-DemandDynamics
- Limited supply of high-grade titanium globally.
10.3 GeopoliticalRisks
- Australia is a stable mining jurisdiction with strong regulatory oversight.
10.4 Limitations andInconsistencies
- No disclosed market strategy.
11. CompetitivePosition
11.1 Benchmarking
- Rosewood has higher-than-average heavy mineral grade compared to peers.
- Competition: Iluka Resources (ASX: ILU), Tronox (NYSE: TROX).
11.2 CompetitiveStrategy
- Expansion drilling planned to confirm large-scale deposit.
11.3 Limitations andInconsistencies
- No disclosed cost advantage analysis.
12. Exit Strategy
12.1 Path toMonetization
- No defined exit strategy yet.
12.2 Long-Term Vision
- Potential for large-scale production expansion.
12.3 Limitations andInconsistencies
- No defined long-term business plan.
Final InvestmentRating: (Strong Potential, Requires Further De-Risking)
✅ Strengths:
- High-grade titanium mineralization.
- Significant exploration upside.
- Strong market demand.
⚠️ Risks:
- No feasibility study completed.
- Financing and permitting uncertain.
Final Verdict:Promisingearly-stage project with strong fundamentals but requires feasibility andfunding clarity.
- Average Heavy Mineral (HM) Grade:
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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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28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $98.50M |
Open | High | Low | Value | Volume |
29.0¢ | 29.0¢ | 28.5¢ | $43.99K | 153.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 260000 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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29.0¢ | 70189 | 3 |
View Market Depth
No. | Vol. | Price($) |
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4 | 260000 | 0.280 |
1 | 50088 | 0.275 |
3 | 22414 | 0.270 |
1 | 500 | 0.265 |
1 | 10000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 70189 | 3 |
0.295 | 6000 | 1 |
0.300 | 213060 | 5 |
0.305 | 10000 | 1 |
0.320 | 140044 | 3 |
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