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ZM - It is just a shame they didn't repeat the second paragraph you quote from the 15th Dec RNS in this one. Many investors won't remember what was said or go back through old RNS's. AIM investors are always wary of dilution and therefore the message needs to be repeated regularly or speculation about a pending placing is inevitable.
It is a shame CB hasn't employed a comm's professional to manage the messaging across all of his companies. A small cost per company but it would help to avoid PR blunders or missing PR opportunities and therefore look after the SP better. There was no need for the SP to take a hit on this news.
Dibs - I’m just wondering in what form your guarantee is going to take, as I may take you up on your offer. What are you offering?
Looks like games as spread has been 10%. Wouldn't suprised if we see a late trade reported. Theres no panic, just too much for average investor & MM to digest and realise the potential. Now we know why CB topped up himself.
Looks like there are several who are scared the price may go up too soon?
And Yes there most certainly IS a placing on the way! I guarantee it.
Don’t let talk of ‘JV’s’ put you off the scent. ;)
"Even for XTR a fall of over 4% in the sp does seem overdone as a response to a positive RNS!"
The drop was caused by a sell of 500,000 which took out one or two MMs who were offering the opening bid price of 2.1p. That is how it works. If we get some buying the SP may creep back up for the same reason ... buying what MMs are offering at 2.2p and they will relist their offers a little higher. Without volume the movements mean very little.
And, as if by magic, Birdy presents another juicy jar of jam tomorrow folks! Oh my goodness you have to hand it to him. Lounging back in his armchair somewhere in the lifestyle Arab state he resides in, cigar in hand….Rinse, repeat, easy.
You beat me to it Howezap. Here is a snippet ...
"Xtract has undertaken to prepare internally as soon as possible a project feasibility study providing guidance on the potential of the Kakuyu Project along with estimations of the extent of planned future exploration.
Xtract will fund its commitments pursuant to the Agreement from existing resources and cash flow from its existing projects."
Sometimes I think the placing fanatics just like to type the word placing as they feel it makes them sound wise. Sadly some people fall for it. The RNS on Dec 15 was not ambiguous, and today's RNS was equally informative and consistent with the statements in the Dec 15 one.
Bird is master of disaster . Don’t get sucked in .
New drilling ? Money needed ? New placing = NO
Read agreement 15th Dec
New drilling = Money needed= New placing ?
Even for XTR a fall of over 4% in the sp does seem overdone as a response to a positive RNS!
There’s the reason for increase over the last few days. Obviously will need to read RNS several times to understand the impact of increased life of project to 5 years etc.
Nice to see are not one trick pony and relying on one asset!!!
>>Let’s test it . Send money once share price gets to 3.5 and issue at 2.75 .?Need more remuneration .
At least make an effort to read the the JV agreement and understand how initial financing is structured.
To say CB is happy with progress at Kakuyu is an understatement. To go from a projected couple of year initial run to considerations of a processing plant as LOM is looking positive on early analysis to extend beyond 5 years is very reassuring for this new JV partnership and the project.
They have certainly been busy.
Good job
Here we go again , seen it all before . More ****, same day .
Found a pile of old dung .
Need to find another drill .
Let’s test it . Send money once share price gets to 3.5 and issue at 2.75 .
Need more remuneration .
Hate to burst your bubble chaps but Russiangirls posts come across very British. In fact ****ney London. Nothing mysterious or exotic. May well be a man.
25th restart for me ! hic !
russiangirl
Just out of interest, what do you think the monthly profit will be at Fairbride ...and what do you reckon are the monthly costs.........
You beat me to it Howzap !
I imagine more of an Italian accent strangely ;-)
russiangirl... I promise you, there is no hidden meaning in my post.
Sadly, I genuinely caught myself reading your post with a Russia accent. I am genuinely on day 3 of Dry January after 5 starts. And there is every chance I am not going to make it to the end of the month (the day even) without at least one more restart! Don't have sugar though, so not all bad.
Tell the truth now. Has anyone else caught themselves reading russiangirl's posts in their head but with a Russian accent?!?! Maybe it is vodka withdrawal as I'm on day 3 of a Dry January restart. It's the 5th restart. Time for a 6th yet.
Hiya no of course not bad, works both ways. But we have had over a year now of what is perceived at the time of any given previous dip as fantastic buying opportunities.
It’s no wonder there are so many holders that consider themselves to be a tad over exposed ;-))
It’s funny, I consider myself to be fairly well researched, but nowhere did I read it takes ••••••• years to prove up as big a resource as BR
Good luck to you
Eye spy with my little eye, someone that has maybe missed their target entry price.
Sounding bit desperate now tbh