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Yttrium-barium-copper oxide walks into a bar
The bartender tells him, "We don't serve superconductors here."
He leaves without resistance.
Dead DUCK like this forum
L🎈L
DOC
📍For BR. Well where are we with this first. My guess is 700 lashes so far.📍
does that mean BR is dead DUCK❓
Quack Quack
CRUELla
Exactly PP if you ask me..
Death by a thousand lashes won't happen, quoted by CB
For BR. Well where are we with this first. My guess is 700 lashes so far. CB should tell us what's going on with BR before he starts punting and making hopes for the shareholders.
Https://twitter.com/ColinBirdMining/status/1700587185869619660?s=20
So no chance of the study making an appearance anytime soon I shouldn't think.
You mean the more they put through the mill they lesser the cost?
Next question would be if 5/6/7 T virgin rock per month costs $2.60 lb then
How much more is needed to go thru mill to get leg down in cost per lb
I hope the BIRD will give a concise trading update on copper. production - targets and strategy
Ma
un peu mechant se soir
Economies of scale ?
Hi FLIP
You mentioned yesterday Sandfire announced AISC for Kalahari GLR of $1.47 Lb
I now GUY gave ball park figure of $2.60 for KAKUYA - why the big difference? especially since it is coming from stockpile?
Thanks Ma !!
Thanks Bob
That has been in place a while for XTR selling in Dubai - Land settlement tax of 1% gone down to around 0.15% . Another saving in coffers
Heard similar predictions many a times! https://www.kitco.com/news/2023-09-06/The-gold-market-could-hit-2-600-as-U-S-dollar-index-falls-below-104-DeCarley-Trading-s-Carley-Garner.html
Ot restricted to selling the dore bars in Moz, can sell in Dubai etc
Totally agree FLIP.
Grow the business using profits from gold and copper income. Since business model is capex SUPER light then earnings will grow fast.
I use term profit, Sales growth and Gross profit margin to compare like for like with other companies performance. I am not expecting any dividends from XTR apart from a special one for BR whenever that is sold.
BR no more drilling and will become a mine says Dear C🎯l at AGM.
Reading up on Empress today . Like the royalty business model alot. It said that MMP have now got export license for gold - anyone knows the advantages to us?
dear C
MA - In a previous podcast Colin stated that he will use the small projects to fund larger exploration projects to avoid further dilution. If we take him at his word, we now know his focus is on "the best copper hunting ground on the planet". The revenue from the gold/copper isn't going to be paid to shareholders any time soon.
That is what value investors do NTM
Number crunch to see what share price should be as fair value.
With growing companies such as XTR you revise every time there is a change in income.
Ok you don't like my new name . bTW there is only one L in daniela!
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