Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Staring us in the face
https://fortune.com/2022/11/27/mining-industry-startup-jetti-resources-solution-copper-problem-shortage-bhp-freeport/
Regardless of the merits, or not, of Steve’s paper, I think we need to wait for the mining study/ pit model to be released to determine whether or not Steve is correct. I doubt this can be brought forward, so we won’t know until Jan/Feb. In the meantime we know Manica gold revenues are ramping up, and once we get to full commercial production shortly, this will suppprt a SP of 2-3p on its own. (I don’t think Q2 Gold figures will be that encouraging, as the plant was still being charged). So, maybe a rough few weeks SP wise, but to my mind, even if Racecourse isn’t viable (and that has yet to be proven by the pit model) it has got to settle around 3p by Jan/Feb. And possibly a lot higher if the pit model proves it is commercial. So, in my opinion, the SP has limited downside from here, if I look at it over a 2 month period. Volatility May force it down in the next week or two, but I’m comfortable holding, and waiting for the pit model.
Whatever this is, Cela is most certainly in on it too, the phrase "the lady doth protest too much, methinks" comes to mind!
Steve is probably that Tom Winnifrith guy
"Steve" probably is Colin...
As an investor you have to have an open mind to every possibility good or bad but how can anybody dismiss Steve when you look how much effort he has put into his findings and basically he’s got your back if it turns out to be true but people should wait for Colin’s response before trashing this guy that might of just helped everyone on here , the ball is in Colin’s court to put the record straight he will of witnessed what has taken place today I’m sure so patiently I’m waiting for a response.
One interpretation shows that negative conclusion. That interpretation makes some false assumptions.
I thought the same Matty. Does it have to hit a certain figure over a length of time to be actioned?
Absolutely not but when it’s backed up with real figures taken of Xtract themselves and shows BR basically has no economic value at present , I then would expect a response plus -20 percent on the share price
No O worries just a lot getting the pressie cash ready for xmas
One thing he has got right though. Is trash the sp even more.
All for good of ?
Steve - In your calculation you make the assumption that "operational expenditure (opex) is pro-rata for the ore tonnage mined". But you can't assume that. For starters, all the new ore that has been discovered within that boundaries of that first conceptual open pit, is going to be recovered without any increase in the cost of digging the hole isn't it?
Without knowing exactly where the new ore is sitting and at what grade, how the pit design might change and what it all means in terms of strip ratio, how can you even begin to assess the economics? IMO you simple don't have the data, tools, experience or skills to make the claim you have. I have always respected and appreciated your contribution to this BB but I think you've got this one wrong.
Do you expect Colin to issue RNS about every single post on this board, Cela?
Oh come on… so if you only post on 1 share your a deramper. But… if you are seen to ramp the share and de ramp the share you can’t be trusted at all?
Would it not make sense to praise the share when news is good and be negative when it’s bad? I mean wow. Conspiracy theorists.
We know Colin reads these boards so why hasn’t he come out to dispute the claim that is very worrieing
Come on Colin the silence is deafening to us all .
I believe that under AIM rule 11 there should be a statement for a 'substantial movement in share price'. As we're down over 18% at the time of writing that's substantial in my view!
Anyone can search your username "Steve4077" on Google and find out your true credibility, I am just stating facts that I've found, but I'd love to know why anyone should trust someone that features on a website dedicated to outing market manipulators?
If there is no announcement today I believe it will tank tommorow, surely with a claim like this it warrants a response From Colin people are panicking and selling including me and I want some kind of response to clarify this hole saga witch is a disaster in the making for xtr if not corrected with clarity as it would be shocking if true but we all need to know !
"Blocked for spreading misinformation, to benefit from changes in share prices?"
Steve is not the boogie man here. He did his research and shared it on the BB. No one has been compelled to buy or sell.
Give the guy a break, do your own research and be comfortable with your decisions.
You know I checked your posting history, so has everyone else now.
100% posts in the past 30 days on XTR only...
Maybe you can explain why you feature on Pumped or Dumped as users not to trust?
A direct quote from PumpedorDumped:
"Do remember these folks can flip from ramping to de ramping a share. This does not remove them from the database at all, they remain. However, this should show you who is trusted or not - going from ramping one day to deramping later is a sure sign!
If they have a high post count they won't want to give up their account and go back to being a low post count #nocredibility type, however you will be much wiser..."
Congratulations on being number 151 of the list of the worst market manipulators in the world, that's some achievement!
Steve4077 has always been a trusted contributor here and if he put the work in he's entitled to use that information before he distributes it to others.
However, for the sake of the sp it may have been better to simply suggest that the finances do not look as encouraging as hoped. I, for one will be holding in the hope that Ascot changes the scenery. As suggested earlier, the gold income could be used to expand the Ascot resource as it is open in all directions. Maybe in time, Ascot could become the major resource and RC simply act as an additional source for the higher grade material.
I still think BR is a porphyry system with many sources of Cu etc. Just needs exploring in which case a local mill would have multiple sources of worthwhile ore.
Yes, a strange new poster appearing today to attack the messenger instead of the numbers - why am I not surprised :)
Blocked for spreading misinformation, to benefit from changes in share prices?
>> You can take it or leave it, but the information is there about his history of manipulating the markets, and he has a reputation for pumping and dumping which is bad enough for him to be listed in the top users not to trust on the pumped/dumped website
Suffice to say, this is entirely invented. Check my posting history.
I've been blocked from posting on Telegram by the Sunday Roast moderators. However, there has been no attempt to dispute any of the numbers. People can draw their own conclusions from that. Apologies to those people who asked about the numbers and I can't answer them.