Ok Ladies and Gentleman just a brief insight into the company of Redbank, let's start with the management.
I want to start with one of the previous Director Mr. Daryl Henthorn (The man who helped structure the company) - Daryl/ Viridian capital help build NST from a 11.2 MC company by raising 3.5 million to acquire Northern Star's flagship Paulsens goldmine acquisition in 2010 to 11.85 Billion MC in 2020. Daryl was the Asset owner of privately held historic high grade gold mine, Bellevue Gold MC was 7 MC in 2018 and in 2020 1 Billion.
Daryl is an advisory expert with a succesful track record of major success. Daryl is a top 5 share holder, lets just say this is his next project. Daryl lured Tony Kiernan to Redbank.Tony Kiernan:Tony Kiernan is a highly experienced public company director and former solicitor, with an extensive career in the mining and
exploration sectors spanning over 35 years. Tony’s previous roles include Chairman of Saracen Mineral Holdings prior to the company’s
merger with Northern Star Resources, Chairman of Venturex Resources and Chairman of Chalice Mining. Currently, Tony serves as
Chairman of Pilbara Minerals.
Tony doesn't play with exploration hopefuls he is the driver of a strategic plan and helped bring Hugh Thomas across for growth.Michael Hannington:
Michael Hannington:
Is a geophysicist and lawyer with over 30 years’ experience managing exploration and mining projects with roles
acquiring, financing, developing and managing mining operations within North Ltd and Oxiana Ltd. Mike is the past founding director
of Talisman Mining Ltd and Alchemy Resources Ltd and has more recently acted as a technical consultant for high net worth individuals
acquiring base metal projects in North America, Africa and Asia.
Great to see him on the ground as exploration manager.Now the location and Drilling program as we know for now,Redbank will be targeting a very large 5 x 5 km conductors sitting in close proximity to the highly mineralized breccia pipes. These are very compelling targets that will be drilled in May 2022 with hopefully 4 x drilling rigs - to be confirmed. The pending results that are imminent will give a much clearer format/picture of our targets in 3 D imaging. This will finally make the market understand the significance of this project and how important it is to start an aggressive Drilling campaign. 2022 will be a very transitional period for Redbank and will bring a stream of news flow.Curtsey of the great @karmalocust thanks mate, outstanding post!
Now the copper outlook:https://do not advertise external sites/Article/5084516/Copper-all/Copper-stocks-jump-by-164-during-week-of-SHFE-base-metal-inventory-increases.htmlhttps://www.google.com.au/url?
sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwixko632YH2AhVDzTgGHZTLDNgQvOMEKAB6BAgNEAE&url=https%3A%2F%2Fstockhead.com.au%2Fexperts%2Fguy-on-rocks-theres-nothing-like-finding-copper-in-a-bull-market-for-copper%2F&usg=AOvVaw1msVSxEtRYnt_SK7KzdPR7https://www.goldmansachs.com/insights/podcasts/episodes/05-18-2021-nick-snowdon.html
Copper the top pick again
For the third straight year, our survey has picked copper to be the best-performing metal in 2022, with 31 percent saying it's set for another year of outperformance. The metal, an economic bellwether and a key material for the energy transition, hit record prices last year, breaking above US$10 thousand per ton. Minor production losses, from both COVID-19 disruptions and water issues in Chile, combined with strong industrial demand. Our respondents' enthusiasm for the metal is matched by the wider mining industry. The biggest miners remain universally bullish on its prospects, with demand expected to surge this decade and new supplies looking increasingly scarce.
The second pick is lithium, the crucial ingredient for electric vehicle batteries. The global push to electrify transport, and the need to secure long-term supply agreements, has seen consumption soar, leading to a more than tripling of prices in 2021, to a record high. While the mining industry is pushing hard to expand capacity, it hasn't been able to keep up with demand so far, and market tightness is likely to persist in the near-term. Uranium comes in third, perhaps because nuclear is beginning to displace traditional resources due to reactors generating virtually emission-free power.
Ladies and Gentleman - Copper is the commodity to be in and when the market realises this we are in the box seat. A Pilbara minerals story unfolding again, the only difference is Copper the strategic metal.
Find value and load up ( what an outstanding opportunity right now) - ground floor entry with massive upside. Transaction ready project and we haven't even started drilling the mother load. DYOR!
Good luck!
G1
(20min delay)