AIM, you have to take your profit and slice while you can. I have a mixed bag and its all over at any given time, its just a waiting game. (I'm still waiting) but confident that wait will pay off in a few areas, its just time, nothing more. Here in XTR the big reassurance is, since May we have been eeking a profit quietly. Not many AIM miners can say that. With the sell last week that also means more cash in the bank at this point in time.
Is the market cap. There is a Million Dept, and a million in cash, there is also cash profit of upwards of 250£k per month x at present 3 years, thats it - we are worth about 9 million on paper today, thats cash, the market cap is 7.5million and. 21 to buy shares, not for long, soon with a bit of news that will pass. 30, Pepemartinez seems feel about. 40 I will say more, problem in YVA selling into rises and killing the SP, however I think they have stopped, either way its a good looking company.
Its nice to hear about the stories of what we have done and where we would like to be, Australia sure sounds great Spacey! I see our spanish connection Mr Pepe has got his million, very well done, well timed. Polar star is an interesting one, JN and XtR have cash in the bank, over a million, cash is expensive to borrow and XTR have about a million GBP of dept and I assume that is around 10% pa interest, thats 100£k per year potential savings if JN pays it down now. I cant see Polar Star giving a better deal than 26xmore guaranteed payments as is, that deal is done. The best deal for us is a paydown of some dept, some not all, keep the balance sheet with cash banked, cash is king after all, let chepica give us a september profit and that still gives us flexibility to spend but a bit further down the line. I still recon the tailings will be the next expediture as we will get cashflow back from it. I say the most likely suprise news is not another project but after September results for half year will be a JV on meijilliones, I think it will be phosphates next, afterall we own that, 100%, we only own 15% of chepica.
but I suspect someone is waiting for 0,19 or 0,20p with a big order not?
put my little order this morning let see If I get some more cheap and complete my first million shares here
when is XTR to really move? in september or end's year? 0,40p target for the moment? I like the 2p sell order that I was reading about, but for the moment I don't see this touching more than 0,45 or 0,50p max (for the moment I say) in two years more who know it?
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