I never comment when any of the great posters on here analyse the market as I don't have the knowledge to add anything useful. But what I do know is that XTR stated that they knew the market was due an update but Jan and team were very busy. They found time to issue the RNS today that is likely to spook investors. To release an RNS stating the mine is in profit by X amount would have not taken any longer so what the F??k is going on. We want news.
As we near the half year results , usually last week in September if the MM's take the brakes off I'm sure we'll get a few traders writing on this ( bb ) . Hence just a reminder it's always worth keeping your notes for reference .Over the last 6 months either through RNS or " Affe " and " 4d4d " excellent review of the AGM every question that any genuine investor has had has been answered . I've been able to monitor buy / sell trades over the last six months hence last Thursdays change in MM's practice came as a complete surprise . I won't be able to monitor the SP movement tomorrow morning hence hope someone's got time and understanding enough to post some comments . There may be no change in MM restricted buy stance but if there is I'd love to read about them when I get home . Sincere regards , Space .
Hi Spaceman, oh im hanging in here, little to heavy invested for a company that is not communicating in a favorably more confortable manner. Im holding on a while for the big Rns before I move some out for other projects.
Looking back over " Affe " excellent notes at the AGM , 26th June 21014 there's a sentence in there that would be of interest to you . Last 3 months, small profit., spent money on capital expenditure so far upgrading plant . In exess $2-400k profit per months from August .
Alas throughput , grades attained , Yorkville current percentage holding in XTR and the all important current XTR percentage ownership of the Chepica project are far more important than a profit showing in the half yearly results . Since we've already been told profits have been used to upgrade the plant . P.S. ........ hope you don't mind me adding to your conversation with Drif bit naughty really I got him of filter .... lol ..... oh well , you can't get on with everyone .... lol
Hang in there, we know news should come this month, only then can we really make a call. Monday puts us halfway through with only 12 trading days left, not much longer to wait. Could be wrong here, and sure if i am someone will correct it. I think the thing to note here is that the report will only have two months of Gold profit accounted for (May June). This will contain to June so we know we were eeking profit in may, just not sure what that level is. July, August, September exist so we have three months extra in the bag, unless they announce that in some form of wording and an amount to wet the taste buds additional to the update. Either way 12 days is what we have, fingers crossed its a touchpaper ignite on the SP.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.