Does anyone know how many shares were in circulation at superspike in march 2015. Also do we know how much debt ctr owe ie to auroch.yagm.etc. How much to pay off chepica and to whom. Also what assets do we own. Q2 results still not out
I don't want to be seen as ramper or derampet but we need clarity yo see where xtr are actually at. Also don't forget xtr still has large wage bill going out every month
Unusual to see such a large sell trade , 100 million shares , or is it . Could easily be the remnant of the overhang the ( MM's ) have worked so hard to offload over the last month . With Mr.Colin Bird now taking a full time Executive Director roll in Xtract Resources future , it makes sense he does so when there's nothing holding him back .
Nice to see the bashing mob taking an active roll too but what happened to 90% of their posts .
Jan certainly has shafted everyone. As for Colin Bird, and any ulterior motives I'm ambivalent on that one. Given the amount of fingers he has in pies elsewhere it could possibly cost him more than just his credibility to follow in Jan's footsteps in that regard.
At any rate I'm assuming we'll get wind of what was the final straw soon (that 100M sell doesn't look good), and with my optimistic hat on it would appear Colin has his work cut out for him from here.
HH. I agree JN has completely shafted SHs particuarly PIs. Every target and predicition has been missed by a mile. It does make you wonder if there is some ulterior motive, CB and JN go back a long way.
He has performed abysmally, moreover he has recklessly driven the share price here into the dirt. Whether or whether not he is competent to run a mine he is certainly not competent to run financial, diplomatic, or strategic operations. The discounts at which he has managed to secure funding, the concessions he has made to MTI with regards to the Manica sale, and his reluctance to keep us updated heavily imply the coffers are damn-near empty and the company is in a world of trouble.
The manner in which Colin Bird's appointment has been declared suggests that the general sentiment behind closed doors is "this has gone too far".
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