NRZ - NeuRizer Ltd

[Plan B]

Re: MTN - Marathon Resources

Hi. Thought people had forgotten this stock! Fat prophets have a hold on it and a $400m dollar+ valuation(or around 7-8dollars), assuming $5/lb. They think the market is still undervaluing this resource. I agree.

Yes I tend to agree...

And IMHO if some other company other than "butterballs" doesnt come in and offer a higher price before the april labour conference..... Then I will eat my hat!! .. :alcohol:

 

[mmmmining]

Re: MTN - Marathon Resources

People are playing waiting game:
In a week or two: Armchair drilling results;
In a month or two resources upgrade;
Scope study results;
Revised bid again??
Counter-bid??

 

[Sean K]

Re: MTN - Marathon Resources

Considering the loc of Mt Gee tennament has anyone considered a tie up between MTN/AGS/Quasar/Heathgate. That's one serious block of U infested dirt. Just thinking out loud...perhaps they'll hear me.

 

[Plan B]

Re: MTN - Marathon Resources

Considering the loc of Mt Gee tennament has anyone considered a tie up between MTN/AGS/Quasar/Heathgate. That's one serious block of U infested dirt. Just thinking out loud...perhaps they'll hear me.

I like the way you think Kennas..... lol

 

[champ2003]

Re: MTN - Marathon Resources

Hi. Thought people had forgotten this stock! Fat prophets have a hold on it and a $400m dollar+ valuation(or around 7-8dollars), assuming $5/lb. They think the market is still undervaluing this resource. I agree.

Actually Fat prophets has a valuation much higher than 7-8 dollars. Try doubling that and you will be close.

 

[prs]

Re: MTN - Marathon Resources

Anybody tell me why it is that uranium has gone up to $95/lb and MTN has remained pretty much the same?

 

[Mousie]

Re: MTN - Marathon Resources

Anybody tell me why it is that uranium has gone up to $95/lb and MTN has remained pretty much the same?

Try asking Mr Market. No, seriously.

 

[insider]

Re: MTN - Marathon Resources

Anybody tell me why it is that uranium has gone up to $95/lb and MTN has remained pretty much the same?

There are plenty of possibilities... My assumption is market manipulation... It's short lived...

I've seen orders for 27, 1, 100, 32 shares... It's ridiculous crap... Don't worry...

 

[insider]

Re: MTN - Marathon Resources

Is Mount Gee under the Flinders Ranges Council, the pastoral zone or the rural zone... If you don't understand what I'm asking to please investigate or don't answer at all... I can't find a detailed map of South Australia that can show me which council Mount Gee is under...

 

[insider]

Re: MTN - Marathon Resources

I'm pretty sure it falls under the Flinders Ranges council which offers two planning policies. Policy A is the very strict one and applies mostly for areas south of Hawker... It's a no mining kind of policy... Policy B, although still strict allows a possibility for mining if constraints are followed... the Paralana system, (Unless somebody can hopefully prove that it is not part of the Flinders ranges) is treated as an animal sanctuary so mining there is tight...

Essentially the directors of MTN will need to offer a condition where once they have finished mining works they would remove any evidence of human impact for example plant vegetation over tracks and tunnels... MTN's mining will require tunneling to get to resources as the surface of these scenic resources mustn't be impacted...

Below are the conditions of policy B

here is the source provided as ASF policy requires: http://www.planning.sa.gov.au/edp/pdf/FLRA.PDF

This is page 44

Environmental Class B Policy Area

Objective 1: The conservation and protection of the natural environment and beauty of the
area.

Land in the area constitutes the foreground of the most prominent ranges in the region. It contains
many features of outstanding natural beauty and environmental importance.

The land should be kept free of development that is not a necessary part of pastoral activity. Any new
development should be in close proximity of existing buildings and structures.

Where there are popular tourist attractions, such as the gorges, existing sites for the parking of
caravans in informal groups, within vicinity of these sites, should be retained. No additional sites
should be established.

Stock routes should be carefully monitored and controlled to prevent over-grazing.

Objective 2: Roads which do not destroy or damage the natural environment, character and
beauty of the area.

Care should be taken to ensure that the improvement of roads in the Environmental Class B Area
does not unduly disturb landforms, vegetation, wildlife and other attributes which make the area
attractive to both tourists and scientists.

It may be necessary to adopt lower than normal design speeds for some roads, and curtail the degree
of access they provide, by having, for example, spur rather than loop roads. At creek crossings, care
should be taken to minimise damage to vegetation by roadworks. Concrete fords rather than bridges
should be used wherever possible.

New roads and improvement to existing roads should ensure access to areas of scenic importance is
available, but restricted to protect the environmental quality of the Area. In respect, access to these
areas not served by a road shown on Flinders Structure Plan, Map FlRa/1 (Overlay 1) needs to
remain difficult to discourage vehicular access.

Objective 3: The retention and protection of the landscape from mining operations, and
prospecting and exploring of new resources.

Mining activities in the Environmental Area Class B should be carried out with the minimum effect on
the scenic and natural qualities of the area.

PRINCIPLES OF DEVELOPMENT CONTROL

Form of Development

The principles of development control expressed in this zone are additional to those which apply to the
whole of the council area.

1 Development should not damage the natural scenic features of the area.

2 Native vegetation should not be cleared.

3 New roads or tracks should only be formed or constructed where the natural environment of the
area is not endangered.

4 Development should be designed and sited so as to conserve buildings, structures or sites of
natural or man-made heritage, especially those listed as State Heritage Items, or Aboriginal
heritage significance, geological monuments or on the register of the National Estate.

5 Mining activities should only take place in the Ranges Zone where:

(a) the deposits are of such paramount significance that all other environment, heritage or
conservation considerations may be over-ridden;

(b) the exploitation of the deposits is in the National or State interest;

(c) investigations have shown that alternative deposits are not available on other land in
the locality outside the zone; and

(d) the operations are subject to stringent safeguards to protect the landscape and natural
environment.

6 No buildings or structures, including transmission line towers and antennae, should be erected in
the Ranges Zone other than:

(a) simple shelters and rainwater storage for walkers and persons on horseback; or

(b) buildings which form extensions of an existing pastoral homestead and/or tourist
accommodation facilities provided that they are:

(i) essential for pastoral activities,

(ii) small scale tourist accommodation, such as .Farm Stays. and .Bed and Breakfast.
establishments associated with existing pastoral activities, and are

(iii) located within or form compact and continuous extensions of existing groups of
homestead buildings and/or tourist related buildings,

(iv) in keeping with the existing use of the land,

(v) of the same or lesser scale as existing buildings,

(vi) are ancillary and adjacent to existing buildings,

(vii) constructed of materials which blend with the landscape and the design of existing
buildings,

(viii) sited and designed to be unobtrusive, and

(ix) sited so that excavations for access roads, utilities and building construction are
minimised, or

(x) sited so as to not result in the removal or damage to native vegetation.

7 Rubbish collection points should be provided with any development associated with tourist
attractions, and regularly serviced to remove any such rubbish.

8 The provision of firewood deposits should be incorporated in development associated with tourist
accommodation where appropriate, to ensure degradation of the natural vegetation does not
occur.

Is MT Gee and Mt Painter heritage listed? - yes
Is Mt Gee and Mt Painter an animal sanctuary of the rare and endangered yellow footed rock wallaby? - yes
Is Mount Gee and Mount Painter Mineable? - Yes

 

[Halba]

Re: MTN - Marathon Resources

Anybody tell me why it is that uranium has gone up to $95/lb and MTN has remained pretty much the same?

I was right it can't mine. It's just gone up to this level due to hype. I was right all along.

 

[insider]

Re: MTN - Marathon Resources

I was right it can't mine. It's just gone up to this level due to hype. I was right all along.

read my previous post... infact read the last three sentences

 

[Halba]

Re: MTN - Marathon Resources

looks complex still . I just note that Rio's application to mine Robe river was revoked due to the prescence of troglobites. Such is the risk of mining in australia- too many barriers and this is reflected in MTN's price. The run from 80c to $4.00 was just due to it going up on uranium price, the run after here has to be on some fundamental reason i.e. mineability, and this has to come from the government, not your word insider. If Premier Rann comes out and supports Mt Gee then yes it will be fine to mine. So far he has only supported Curnamona;s mine, AGS Beverley 4 mile and Honeymoon in the public. He has yet to make a single mention of Mt Gee mine and his support of the mine. If Rann does, then this would seal the deal.

 

[insider]

Re: MTN - Marathon Resources

Ummm... I will take back what I said... The Paralana system is a Zone A as shown on the map on page 50... Zone A guidelines are shown on page 43... The summary of it all is MTN can't mine unless the rules are overiden... Sorry Halba but A simple can't mine isn't enough you need sources and research and I just provided it... Ultimately MTN directors must have researched this and have some thing up there sleeves unless they are uranium pretenders... I haven't been this nervous since the correction...

 

[mmmmining]

Re: MTN - Marathon Resources

Ummm... I will take back what I said... The Paralana system is a Zone A as shown on the map on page 50... Zone A guidelines are shown on page 43... The summary of it all is MTN can't mine unless the rules are overiden... Sorry Halba but A simple can't mine isn't enough you need sources and research and I just provided it... Ultimately MTN directors must have researched this and have some thing up there sleeves unless they are uranium pretenders... I haven't been this nervous since the correction...

Death to MTN? Come on, guys, are we MTN executives, or Coffey' specialists? or a bunch of kids are watching scary movie on Friday night?

NONE. Today is April 1, April FOUL DAY!

Considering the following is posted on 2 April.

Insider, thank you for opening this kind of worms. I cannot find any Objectives for prohibiting mining "Environmental Class A Policy Area".

ONLY land you cannot mine is the national park and natural reserve. I repeat. Any rest of land can be mined even your backyard is not safe if you can pass the EIA.

The document is dated on about Development Act 1993, dated back on 21 August 2003. I believe MTN executives have read it, Coffey's consultants have read it. I don't believe they are all EVA, try to eat a "forbidden fruit".

If you are still not sure yet, thinking about a billions of dollars, hundreds of jobs, is that significant to state and national interest? How about billions tones of CO2 saved for the planet, and reduced greenhouse gases emissions indirectly?

On Page 44 of the Plan:

Objective 3: ....
Mining activities should only occur in the Environmental Class A policy Area if the reserves of minerals are of paramount importance, ...or their exploitation is in the State or national interest......."

Still not calm down yet?

Who will against it? Of course, the so-called environmentalist, the greens. How big is their voice? And how many people will live in Mt Gee? So relax, let those environmentalist pretender eat **** and die, let the acid rain falling on the green forest turn the tree leaves into "Bob Brown"...

Still not, sell the dame MTN, and run. Don't look back, and don't regret for the rest of your life...

 

[insider]

Re: MTN - Marathon Resources

Death to MTN? Come on, guys, are we MTN executives, or Coffey' specialists? or a bunch of kids are watching scary movie on Friday night?

NONE. Today is April 1, April FOUL DAY!

Considering the following is posted on 2 April.

Insider, thank you for opening this kind of worms. I cannot find any Objectives for prohibiting mining "Environmental Class A Policy Area".

ONLY land you cannot mine is the national park and natural reserve. I repeat. Any rest of land can be mined even your backyard is not safe if you can pass the EIA.

The document is dated on about Development Act 1993, dated back on 21 August 2003. I believe MTN executives have read it, Coffey's consultants have read it. I don't believe they are all EVA, try to eat a "forbidden fruit".

If you are still not sure yet, thinking about a billions of dollars, hundreds of jobs, is that significant to state and national interest? How about billions tones of CO2 saved for the planet, and reduced greenhouse gases emissions indirectly?

On Page 44 of the Plan:

Objective 3: ....
Mining activities should only occur in the Environmental Class A policy Area if the reserves of minerals are of paramount importance, ...or their exploitation is in the State or national interest......."

Still not calm down yet?

Who will against it? Of course, the so-called environmentalist, the greens. How big is their voice? And how many people will live in Mt Gee? So relax, let those environmentalist pretender eat **** and die, let the acid rain falling on the green forest turn the tree leaves into "Bob Brown"...

Still not, sell the dame MTN, and run. Don't look back, and don't regret for the rest of your life...

I understand what you're saying but for now it's under Class A zoning, the resource is under a mountain lined with Crush Breccia and some rare crystal formations... There are endangered species in the area as it is regarded as an animal sanctuary... The paralana system is heritage listed...

Yes it all can be overridden as all the documents I've sourced and read for twelve hours today suggest but there is a huge task ahead... If another company with an equally substantial resource in South Australia turn up soon MTN won't look so hot to the premier of SA... I keep forgetting the losers name...

I don't care how good a company is but you have keep asking questions for and against it... I hate complacency...

Remember I have all my eggs in this basket... Good luck to everyone which means good luck to me too...

They won't mine without conditions...

 

[mmmmining]

Re: MTN - Marathon Resources

I understand what you're saying but for now it's under Class A zoning, the resource is under a mountain lined with Crush Breccia and some rare crystal formations... There are endangered species in the area as it is regarded as an animal sanctuary... The paralana system is heritage listed...

Yes it all can be overridden as all the documents I've sourced and read for twelve hours today suggest but there is a huge task ahead... If another company with an equally substantial resource in South Australia turn up soon MTN won't look so hot to the premier of SA... I keep forgetting the losers name...

I don't care how good a company is but you have keep asking questions for and against it... I hate complacency...

Remember I have all my eggs in this basket... Good luck to everyone which means good luck to me too...

They won't mine without conditions...

Understand your concern.
A few sleep pills for you:
Ken Tolbot own over 8% of it,
CITIC owns over 8% of it;
Directors collect owns like 15%;
Cosby want it at $3.52, and expecting to make a killing on it

Go ask yourself a simple question, are they stupid?

MTN is super cheap compare with peers, the market has discounted the environmental issues already. I repeat, I believe it is minable. Only take a bit longer, tougher, and more money to get all approvals. We have not get there yet. If not, we can sue the directors.

Relax, just wait for the Coffey's scope study. They will tell you the full story. Don't pick up a piece of old and dirty document, and scare to death. Plus Cosby has provided a floor on the share price ATM.

 

[insider]

Re: MTN - Marathon Resources

Understand your concern.
A few sleep pills for you:
Ken Tolbot own over 8% of it,
CITIC owns over 8% of it;
Directors collect owns like 15%;
Cosby want it at $3.52, and expecting to make a killing on it

Go ask yourself a simple question, are they stupid?

MTN is super cheap compare with peers, the market has discounted the environmental issues already. I repeat, I believe it is minable. Only take a bit longer, tougher, and more money to get all approvals. We have not get there yet. If not, we can sue the directors.

Relax, just wait for the Coffey's scope study. They will tell you the full story. Don't pick up a piece of old and dirty document, and scare to death. Plus Cosby has provided a floor on the share price ATM.

LOL... you're good mmmmining....Buttermere are stupid though... The thing is no one ever at ASF or HC showed sources of all that was discussed earlier and not in that depth... I just wish someone would would rip out a massive take over bid today...

when is Coffey's scope study coming?

 

[mmmmining]

Re: MTN - Marathon Resources

LOL... you're good mmmmining....Buttermere are stupid though... The thing is no one ever at ASF or HC showed sources of all that was discussed earlier and not in that depth... I just wish someone would would rip out a massive take over bid today...

when is Coffey's scope study coming?

They told me the end of May for the Scope Study. But I doubt it because they might have to released it after the resources upgrade, which might be around early June.

The scope study has been mentioned in the target statement as "Well Advanced" equal to "Looking Good", or "Being Taken Care Of..."

Before that, a lot of drilling results will be released to the market, including one of the satellite deposit, Armchair.

 

[insider]

Re: MTN - Marathon Resources

They told me the end of May for the Scope Study. But I doubt it because they might have to released it after the resources upgrade, which might be around early June.

Before that, a lot of drilling results will be released to the market, including one of the satellite deposit, Armchair.

sounds exciting