Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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Fair play for all the time and effort you expend on the number crunching here Ma DaniElla Baker.... The one and only Ma DaniElla Baker even ! (or should that be the three and only Ma DaniElla Baker :-) )
Thanks Flip
I think you will find SANDFIRE scalling back on their operations as they over exposed themselves after $1.4b acquisition copper mine in Spain. It was mentioned at AGM.
Re BR deal if no deal to be had then why is Kjeld still working as NED he has no pay and not even allowed to buy shares in XTR
Think it's high time we work out a forward value for Mozambique Gold based on Q2 results and then target production of 100kg a month. Once we see maiden income from KAKUYU we can add that to mix to.
Guy
I know you've written So much on BR what is your take on what to expect.
I thought DTM when copperprice is low then if dear C🎯l thinks best to wait for higher copper price to do the deal then I think that would be a good POA to maximise returns for shareholders
Correcting my earlier post, the RNS states they will be targeting the deeper higher grade copper and the lower grade near surface material.
MA - Until we have updated figures then it is all speculation on BR. But Sandfire were giving all in costs of $1.47 a lb for their Kalahari project last week and have given up with Western Oz as not cost effective. I am expecting to get our money back and a bit extra as that is what has been quoted. I am expecting all effort and money to now be focussed on NW Zambia. IMHO etc
Wise strategy FLIP in investing in a number of companies . That is my plan too when BR is sold.
Talking of BR you think NO sale to a MAJOR?
I thought we are waiting for financial models to be released after which XTR will approach AA with DTM.
I remember at AGM dear C🎯l wanted to approach AA when copper price is low.
What is your take ?
MA - l am a fan of copper and Zambia. But exploration is very high risk. And after BR I have learnt even the "dead certs" can go very wrong. So now l spread my risk across various companies even if most belong to Colin. The problem with that region is that there isn't much historical data to work on. From what l gather the Kalahari sands have made exploration more problematic. Also grades tend to be lower than the copperbelt (happy for better informed to tell me otherwise ). And the acreage XTR has taken is big so will be interesting. I see the the world bank funded study notes there are targets of interest worth following up.
C:\Users\homeboy\Pictures\xtr REV v Gross Profit H1 22.png
In case file wont open
REV H1 £983K
G Profit £268K
Screenshot taken fromSTOCKOPEDIA
Just thought I would post REVENUE v GROSS profits figures for H1 - highlighted for your ease of reading JEZ!!!
Note numbers are converted to GBP
C:\Users\homeboy\Documents\DearColco\xtr REV v Gross Profit H1 22.PNG
Imagine the EARNING surprise when compared with:
H1 22
$5,551,847 Revenue
$3,776,798 Gross Profit.
Just thinking of a scenario whereby my figures are widely out.
6th April Podcast dear C🎯l gave $700 AISC.
for me AISC is sum of all costs including PTAX ,Land Sett, & Team on Ground costs.
Will be interesting to see how it will be delivered - With PR or Without??
Thanks Andrew
In recent years H1 results have always been released 30 September . That is a saturday so I would expect them to be released Monday 2 October??
I would also expect the sp to be over 2p a few days after they are released and after the market starts to see, with some certainty, what the FB income / profit is
AIMHO
Q2 and H1 results should be soon, we are in week 13 from the end of Q2.
Morning FLIP
Read the super long fulmer post on ARCM. Very interesting .
Not sure I understand the badblood bit with dear C🎯l though.
Isn't ARCM cash position of £611k a concern going into a JV? I ask cos i note zero revenue snd estimated loss this year of £8.5m for year ending 22 and reported loss of £5.5m for 2021.
Stockopedia gives it a value rating of 1 out of 100 - XTR has a value rating of 43.
However ARlM momentum indicator is 41 up 10 points last 30 days so it looks like it could be on the move.
XTR also up on momentum but lagging behind ARCM on 26
Their MCAP is £30m .
With a Mca
Strange how an old username suddenly comes up totally unexpected. Chrome has a better memory than me !. At least Colin knows north western Zambia very well and clearly something is interesting him. Good luck in your research.
Hi MAD
Thanks for getting the BLUE sky winnings we have at Manica.
Blue sky winnings based on 66kg of gold a month with current POG at $1946 an ounce.
Next target is 100kg a month - need to see if we have an uplift in production Q3.
Let's not forget their are BIG uplifts in revenue at Manica too.
Hoping next leg up will be revealed when H1 results are announced
Clearly a blue sky punt. Taking our slot machine winnings at Manica and investing them on the big boys poker decks. But a prospective region and plenty of support coming from western governments and Japan.
Yes I saw licenses held by AFP.
Could the end game be FQM buys back licenses from XTR GLR and AFP to increase mine KUMBALA bought from KIW?
ARC isnt that a JV with ANGLO?
certainly got lots of studying to do!
For anyone interested in NW Zambia, check out Fulmar29 7.28 post today on the ARCM bb ( I apprecaite there is a lot of bad blood between certain parties but the info interesting all the same)
Ma, yes. Plus the AFP licences.
More info
https://cooperlemon.com/developing-exploration-projects-greenfield-to-mine-development-stage/
Re GLR announcement.
Simular deal to announcement XTR
- CooperLemon
Do the licenses adjoin to XTR's ones?
Wonder what end game will be.
Who is the expert for GLR thread
started studying dear C🎯l companies. Makes sense if he uses same strategy as for XTR
MA - did you see the GLR RNS. I think I own NW Zambia given my shares in XTR, GLR, AFP and ARC !. Will be an interesting ride going forward across the companies. Blue sky here we come - full on ramping mode !!!. As a shareholder do we get free access to the game parks ?
Pleasure FLIP.
ok so by taking latest figures for Q2 lets project this forward and see what Gross Profit for a year looks like. Note this is worse case scenario i.e not taking into account any INCREASE in production from Fairbride.
Q2
$3,286,891 Total Revenue
-$ 918,949 Total Costs
$2,367,942 Gross Profit
Times above by 4 quarters
$13,147564 Revenue
$9,471,768 Gross Profit
Now lets look at how these figures compare with CAPEX HEAVEY miners -
Year ending 2022
SHG
MCAP £106m
$114m Rev
$6m Gross profit
HUM
$68m - NOTE EV is £213 so they have a whopping £145m debt on bal sheet OUCH
$151m Rev
-$33m Gross LOSS
CGS
MCAP £147m
$1.49m Rev
$12m Gross profit
Now when MR Market wakes up to earnings don't you all think it will be bought into?
The above does not include any income from KAKUYA either.
Now my friends be EXCITED and stop MOANING
"Given that 6th APR podcast was 6 days after the end of Q1
"I can't imagine dear C🎯l getting his numbers widely wrong CAN YOU?"
What on earth has the date got to do with it ?"
And CB doesn't get his numbers wrong ??
There's no hope for you Dani, desperate or brainwashed.
Ma - thanks.
Given that 6th APR podcast was 6 days after the end of Q1
I can't imagine dear C🎯l getting his numbers widely wrong CAN YOU?
I felt that sentiment
GL lets hope we get back to somewhere near 10p