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At 3pm. The other agms out of the way earlier. Plenty of time for questions.
23 August Great Queens Street
Speaks volumes…
https://www.bloomberg.com/news/articles/2022-07-28/anglo-american-s-new-boss-sounds-warning-on-future-copper-supply
Not just BZT, but AFP and Kendrick. 9.30am, 11am and 1pm on 23rd August.
Bezant just released AGM calling notice
Surely we will get an RNS soon?
Today ?
Imminently? :)
"In the Zak team interview from December there was a lot of weight put on visuals from drill core 36, with mineralization from 11mtrs for 100s of metres, but no assays have been released for it."
Yes, 36 looked very promising.
Another example of a news void which could be interpreted in one of two ways. Either CB is keeping this result "close to his chest" as it will reveal too much good news , or despite the high hopes of the visuals, assay results are very disappointing?
The AGM is going to be very interesting and CB will surely have to give some clarity on a number of issues. That's unless we are soon to get that clarity before the AGM?
I think this is a big problem, people taking what Colin said nearly 12 months ago as still being true.
In the Zak team interview from December there was a lot of weight put on visuals from drill core 36, with mineralization from 11mtrs for 100s of metres, but no assays have been released for it.
Would Colin still tell AA where to go if they offered 10p a share today? Next week should see the AGM announced, so we might get some answers.
Looks like Biden is going to get his climate bill passed. Good for copper!
"The bill aims to tackle global warming by using billions of dollars in tax incentives to ramp up wind, solar, geothermal, battery and other clean energy industries over the next decade. "
https://www.nytimes.com/2022/07/28/climate/climate-change-deal-manchin.html
Lucky I look at the investors list every other day to see if there are any new purchases or sales, the last update was about a month ago and only change was Alex Terry he had purchased another 1,450,00 leaving him with a total of 46,450,000, I don't think there has been enough selling over the last month to create panic.
I remember him on the video. I'm just more sceptical because they bought in on only the length of the mineralisation, they didn't know the grades at the time.
Luckily, refurbisment of house completed last month, I was fortunate, and can now sit and wait, still holding 80% of my original holding, others may have shorter term needs and be frustrated at current prices, at these levels, I can now afford to resume accumulating.
lucky, he mentioned at the time he likes to invest in small-cap discoveries because of the potential to become £1billion market-cap , so i just assume he would have more foresight than to bale out at 9p. thats what i tell myself anyway but yes your right, wtfdik . ;}
Thanks,
Nice to start the day on a high............
I have no problem Steve I have been here a long time and am sick to death of people telling me everything is OK, just be more patient, don't worry etc etc.
What do you mean by the sale of Xtract?
Do you know something we don't?
Are you close to Colin?
I thoughtwe were selling bushranger, not the whole company?
https://www.facebook.com/mohammad.hajat.5/videos/754700062242532
Naughty gordie, yes I too think it's great to have his investment company involved but.......... are they still invested? The SP rose up to 9p when they initially invested, it slowly dropped afterwards. Was it them selling?
We do not know!
Jezoo, have you accounted for inflation over them years? You lost £500 this year haha
steve, you mention smart people being invested, one name i like to remind myself of when the seeds of negativity are being sown is willem middlekoop , if xtr is good enough for his discovery fund then i,m not in bad company .
>> can’t understand the market sentiment.
99%+ of investors will not have researched XTR, so won't know about the gold. Its not just about having a good story - you need people to find out about it.
I discovered XTR because I check the LSE RNS list most days for the mining sector and read any that sound interesting. You need investors to not only do that, but then have enough interest to do the research necessary to understand what we have - or have a forum that will pique their interest if they start reading. If I see intelligent debate on a stock forum, I am interested because it means smart people are invested in the stock. A forum with a high noise-to-signal ratio would probably deflect interest from more casual potential investors.
The company can also do PR - interviews or presentations and try to them noticed, but there are so many companies doing that, you need to stand out in some way to even get someone to read or listen. Twitter can help too, if people with a lot of followers become interested, they will spread the word.
Its one reason I am not too bothered at the current share price meanderings. At some point, the story will be big enough to spread by itself as investors become excited. In the meantime, I just need to have faith in my own research plus patience in very difficult market conditions.
We have all this money pouring in from Africa,we are literally sitting on a gold mine so why does the market not see this to. I have been invested here for a good few years and still think it will come good.but can’t understand the market sentiment.
this would probably be an opportune time to put a couple of deep holes into eureka and find out if we are looking at an iocg or not .
Lucky520. I'm mid 50's so around 10 years
How much has he made me ? If I hadn't been greedy £25k
Because I was greedy - £5k
lol !
Currently slightly underwater................
>> Okay Steve, you are right. The reason fairbride was so late is due to covid and putin. Sorry Colin, my mistake!!!! Covid and putin cost us 50% dilution in our shareholding.
Not really sure what your problem is. Unless you think Colin has been in Mozambique deliberately sabotaging the efforts of MMP in order extend his salary or then the worst he seems to be guilty of is being over-optimistic on dates. Its Africa - everything always take longer than anyone expects, which makes it doubly true for Colin.
If you can manage to get past the dates issues, then consider what Colin has actually achieved. He got someone else to build a mine and a processing plant and then give XTR 23% of the profit - in fact 23% of revenue for the alluvials. We have a steady income stream with no need for capital expenditure or operational costs. Its a great deal for XTR that puts us in an enviable position in the current market and that is Colin's strength - making deals - which bodes well for the eventual sale of XTR. In exchange, I am happy to accept his consistent optimism on dates and make the necessary allowances.
That is a seriously heartening article for us. I do suspect that whatever the eventual number at racecourse a bid will come in from AA. Whether its half decent though is another matter altogether
https://www.bloomberg.com/news/articles/2022-07-28/anglo-american-s-new-boss-sounds-warning-on-future-copper-supply
“I genuinely don’t see where all of this copper is going to come from at this point in time,” Anglo Chief Executive Officer Duncan Wanblad said in an interview in London on Thursday.
Err.... Bushranger? Come on CB, they are begging for the next opportunity!