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XTR Share Chat - RSS Feed

Xtract Share Chat (XTR)



Share Price: 0.355Bid: 0.35Ask: 0.36Change: 0.00 (0.00%)No Movement on Xtract
Spread: 0.01Spread as %: 2.86%Open: 0.355High: 0.355Low: 0.34Yesterday’s Close: 0.355


Share Discussion for Xtract (XTR)


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Goldenratio
Posts: 6,106
Off Topic
Opinion:No Opinion
Price:0.36
View Thread (2)
Advfn post Fyi
Thu 14:55
Yep lol aren't we all

The only thing I know is that this will be moving a lot higher over the coming weeks.

wassapper - 21 May 2015 - 14:48 - 3293 of 3293 - 3

@ Cash - I have dug up my posts 847 and 942 on this. See below. A very important point is that Jan said yesterday that the current resource estimates were based upon what Jan said was 0.15% (??) Cu in the tailings. On the company website it varies a little higher (0.23%). However, yesterday he said that in the past there was talk of something like 0.5% Cu - that is a major upgrade if true of in excess of 100%. Was the $400m based upon 0.15%? If so it could be 3 times that. At least 2 times 0.23%. And they are looking for other projects.

I've been in this game too long to get carried away, but my view (as I replied to you below) is that Chepika will be the cash cow to fund the main event which is South Africa and copper. Colin Bird describes himself as a copper bull.

These guys will not be content until they have created at least a £100m company. See my comments below re CAML and its value (which is now higher).

Post 847 ....

I did a bit more of a dig into this last night, comparing XTR with my favourite copper stock, CAML.

Both are looking at tailings recovery. In the O'Kiep Project XTR has about 10% of the contained copper of CAML, but XTR has much better grades. The market cap of CAML is well below what it should be but is about £140m at the moment. XTR has a long way to go to get projects with the same amount of contained copper as CAML at Kounrad but given the stated targets that assets have to meet profit criteria of between $10-$30m pa, and that CAML’s 2014 Operating Profit was $38m we can hope that XTR should achieve a value at least 5 x current. This does not include anything for Chepica or other projects that may come to the table.

CAML have proved that a low cost tailings operation is the way to go; they even pay a 7% divi. They do more value add than XTR plan with their SX-EW plant (XTR plan a 25% concentrate) but what is to say that XTR won’t try to replicate this model if they can get a larger tailings resource?

Post 942 ...

Cash - a fair point but the growth will come from tailings. I see Chepica as a cash cow. If it is more then that is fine. To get an idea of the potential in tailings have a glance at the latest CAML presentation. Bear in mind they go through the full value chain with SX-EW production, but they probably pay a project discount due to location. Chepica mining will always bring its own problems. Mining is notorious for this and although they have added extra capacity and duplicated processes, there are still many single points of failure which can hold things back. Jan knows better than most how to minimise this risk so I am confident, but one to bear in mind once the dumpers have gone.

hxxp://www.centralasiametals.com/publication/view/2014-results-presentation-4
 
BrokeNovice.Com
Posts: 11,612
Off Topic
Opinion:No Opinion
Price:0.36
View Thread (4)
RE: Xtr
Thu 14:49
guess someone's a little keen on XTR ;o]
year1970
Posts: 1,460
Observation
Opinion:No Opinion
Price:0.36
View Thread (4)
RE: Xtr
Thu 14:47
On your screen he got 7 posts but on mine it is a lot more than that, maybe I have bigger screen than yours...lol
Mirror
Posts: 4,646
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.36
We've
Thu 14:40
Had constant news flow,wonder when the next rns lands and what for ;)
Goldenratio
Posts: 6,106
Off Topic
Opinion:No Opinion
Price:0.37
O'Kiep
Thu 14:37
Alone is conservatively $400m alone and yes more new major company makers due TBA
biffbaffboff
Posts: 1,359
Off Topic
Opinion:No Opinion
Price:0.36
View Thread (2)
RE: more curious
Thu 14:29
I think we've got an option to purchase Rio Tinto or BHP Biliton, LOL - Company Maker
krugerland
Posts: 75
Observation
Opinion:Strong Buy
Price:0.36
View Thread (2)
more curious
Thu 14:23
On the major acquisition planned,we may have $400m with copper and gold at chepica,but what would trump these to,i would imagine it is something in south africa,deffo looking at mid tier.
JAS123456
Posts: 360
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.36
Rich
Thu 14:18
Ritalin haha
Goldenratio
Posts: 6,106
Off Topic
Opinion:No Opinion
Price:0.36
Rich
Thu 14:17
Wow. Carried away lol
Richie_
Posts: 1,639
Off Topic
Opinion:No Opinion
Price:0.36
View Thread (4)
RE: Xtr
Thu 14:14
Golden - you've got 7 post on this one page. Maybe have a tea & a kit kat? :)





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