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Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


Xtract Share Chat (XTR)



Share Price: 0.0175Bid: 0.015Ask: 0.02Change: 0.00 (0.00%)No Movement on Xtract
Spread: 0.005Spread as %: 33.33%Open: 0.0175High: 0.0175Low: 0.015Yesterday’s Close: 0.0175


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Costello
Posts: 363
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Opinion:No Opinion
Price:0.0175
RE: WITH VOLUME
Wed 19:24
Hear hear! About time someone cut through the bullsh*t morons and told the facts.
 
RichTheNewbie
Posts: 15,728
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Price:0.0175
RE: Sid and sax
Wed 19:00
Finder=funder
Flipping autocorrect!
RichTheNewbie
Posts: 15,728
Observation
Opinion:No Opinion
Price:0.0175
RE: Sid and sax
Wed 18:52
All of that may be true but it will still require a ton of money even if they cut costs and even if they get some alluvial money.
So it'll hardly be a position of strength but it'll help a bit. They're still at the mercy of the potential finder/partner and best case they have competing bids.
What matters is what they have to give away for funding and nobody can easily predict that whether they're positive, negative, or anything else. I personally doubt they're going to get all the money without giving away a big chunk of the project/company/revenues.
saxonway20
Posts: 6,547
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Price:0.0175
RE: Sid and sax
Wed 18:49
That is why I am happy waiting for the Master of mining.

Do you think all of us as good as CB & his connection in mining, I never claimed to be part of team Chepico. Lol
I am very sure they can provide the drivel. Enjoy it, if it is your cup of tea, sir, as for me I love filtered coffee. Lol
G luck
Saxon
captainbob
Posts: 248
Premium Chat Member
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Opinion:No Opinion
Price:0.0175
RE: Sid and sax
Wed 18:42
I believe from presentation at Investor Show, that the idea is that further optimisation of capex requirements and removal with potential income from alluvials can pave way for reduced capital costs, and in process put co into a position of strength in negotiating any JV, acquisition, merger, one step at a time.
Patience is a virtue.
Batfink666
Posts: 1,451
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Opinion:No Opinion
Price:0.0175
Sid and sax
Wed 17:31
Does the silence mean you have no answers for the power issue or the 44m capital costs?
saxonway20
Posts: 6,547
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Price:0.0175
View Thread (3)
Shake & roll
Wed 17:23
I do hope you have enjoyed the glorious sunshine.
Best volume for a while total Volume 327,385,595.
Thanks to the MM shake.

Gold holding $1251.

Enjoy the evening sunshine & don't let the trolls bite.
Saxon
C you
redbike
Posts: 4,986
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Opinion:No Opinion
Price:0.0175
RE: WITH VOLUME
Wed 17:13
Batfink, won't be long before some dangly carrot gets waved again about potential, returning shareholder value, the re use of the "company maker" and "game changer" statements to get people fizzing with excitement.
The one that strikes me is the "short term pain for long term gain" who's pain were they referring to, not a chance it could have been shareholders, they have been in more pain than the staff at the tower of London dished out for prisoners....with no gain I might add.
redbike
Posts: 4,986
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Price:0.0175
RE: Lights are on?
Wed 17:07
For a plot that's been in the making since 2006 I think, you just have to take a peep at Google earth.
CEO says its a brownfield site, and isn't wrong, no updates on power or permits or the new roads that go from scuffing areas to the processing plant or even from the highway to the brownfield site.
The website is still awaiting images (along with that update noted in December, warrants seem to have been issued without a hitch and all other give away's but the website has slipped). Yes I have mailed them and they remain more silent than the welsh wonder in his new cyber residence. the good news for folks is

Manica Gold Project at a Glance
• Targeting production in April 2016 – currently building plant (4 months to complete)

Yes that's right folks, April 2016, I think the plant they refer to is a pot plant with the emphasis on pot.
Batfink666
Posts: 1,451
Off Topic
Opinion:No Opinion
Price:0.0175
RE: WITH VOLUME
Wed 16:37
cautioussid where are xtr going to get the mines 44m capital costs from?




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