Affe .......... with XTR issuing 21 RNS's within the last year I'm glad your signing off . Well from my view anyway since your going on filter .
Observation ...... XTR share price being taken down on very low to no volume much better than high volume ........ hey . With revenue and profits rolling in every month and the price of gold in our favour , $1,230 / oz as I type XTR unlike many AIM listed companies XTR has an awful lot going for it . We are paid for silver , cooper etc with regards to our concentrate tonnage sale to Enami ( Government Refinery ) hence that's something else worth considering when investing in XTR . No amount of ramping or de-ramping will effect the share price but does and will cause newbies to lose money . Hence I must add please do your own research before pressing that button .
Affe ............ you have avoided my two questions . That is you privilege hence your carrots must be dud . The information is there if you look but you chose not to . I'm investor in XTR and have the answers to my two questions in my past posts with links attached . Now that research was done without your carrots too it was done because I'm invested .
With all the information available ......... throughput at Chepica mill , percentage concentrate recovery , payment from Enami ( Government Refinery ) for the concentrate sent to them what kind off revenue per month have you worked out XTR to be receiving ? Second question with already known cost to producing 1 ton of concentrate how much profit from Chepica do you equate XTR to be turning over per month ? All the figures are available I just want to see how well them carrots are allowing you to see
I got a feeling Jan Nelson doesn't like traders hence long gaps between RNS's . The Xtract Resources web site does get updated and with the information presented revenue , profits can be fairly accurately estimated . The new ball mill which is expected to increase ore throughput from 6500 tons/month to 9000 tons/month is only part of the equation . With concentrate recovery now up to 85% from our present throughput ore , revenue is obviously greatly increased . It's a question of digging out the current available information and making something of it rather than expecting a monthly update where traders can buy and sell on the swings ........
Dear all. I have just sent this. Thought it was a fair and balanced request. Just sharing.
Good morning Jan & John,
I represent the views of many holders who, between us, own many tens, if not hundreds, of millions of shares.
Many of us 'lowly retail shareholders' are concerned about the continuing slide in the Share Price.I would like to request that the communications schedule 'promised' at the AGM, namely 3 monthly updates' is formally delivered to wrt the company
It is hard to remain positive regarding the company when you look at ever increasing Red numbers every day, whilst we are sure that this is nothing to be overly concerned about, we cannot be 100% comfortable as our only source of information is.. you!!. and..Currently our next update is due in April/June 2015 - 6 months away!!
Obviously it does take a genius to think "Would our money be better off somewhere else and we'll just buy back in in March 2015"? I'd rather not, and it would be best for the company if we didn't. Thus we do not feel that the 6 monthly update cycle required by AIM is sufficient for such a thinly traded share.
We understand that there is a cost associated with RNS's etc, but it is small in the grand scale of things. We are not requesting detailed financials every 3 months, just a general 'update' on how things are running. Tonnages, mill status & grades, payments to Polar etc
Would this be something that you can please deliver? A formal update cycle, come rain or shine on the 30th of Sep/Dec/Mar/June or similar?
The market is tough right now and newsless thinly traded Jnr miners are not faring at all well. And by extension neither are we shareholders.
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