Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Or BTTS, like me, who bought over 3m shares on the back of the BR hype, and didn’t sell on the way down, convinced that Colin would deliver BR after his aggressive comments ‘ I’d tell them where to stick 10p etc’. So I’m sitting on a 70% loss. So, OSV - I’m still invested, and I find your disparaging tone towards LTHs quite insulting. Many of us have been burnt - and badly - after being taken in by Colin’s comments on the Roast podcasts. It’s not unnatural therefore that we don’t have the same sycophantic view of Colin as some others on this BB. I remain invested in the hope (rather than expectation) that the FB revenue will drive the SP up a bit, before I bail out. If by doing so, I miss out on a golden opportunity, so be it, but I’ve had enough - not just of XTR - but also of the constant disrespect shown by some on this BB to those of us who ploughed substantial sums of money into XTR.
"clearly the non invested lack the ability to understand."
The non invested understood very clearly which is why they sold at higher prices than the current sp.
This is like trying to reason with a toddler throwing tantrums. The SP does not reflect the value that is being created here by Colin and the board. Genuine shareholders will understand that but clearly the non invested lack the ability to understand.
Wot do you mean the MARKET is disagreeing with my numbers?
There are ZERO brokers covering XTR so the MARKET won't have a CLUE what has been achieved in H1 until results are announced?
That's great.
What's the SP today ?
Clue : look left.
The market seems to disagree KGB
Calm down and wait and see.
Wink
♦️Total REV H1 23♦️
£5,551,847
Up from $911K H122
Increase of 508%
Q2 gold production numbers
Mozambique Gold
Q2 23
GUESTIMATE pretty accurate. To be official when H123 announced
Fairbride Production
APR ●68KG●2186 OZ
23% SHARE XTR 502 oz
Av price gold $1997
MAY●66KG●2121 OZ
23% SHARE XTR 487 oz
Av price gold $1989
GUESTIMATE
JUN●66KG●2121OZ
23% SHARE XTR 487 oz
Av price gold $1942
GUESTIMATE SMALL OPS
XTR SHARE 200 OZ @ $1850
TOTAL XTR Gold share 1676 OZ UP 37% from Q1 (1223 OZ)
TOTAL Revenue $3,286,891 UP 47% from Q1 ($2,264,956)
TOTAL COSTS $918,949
Production tax & LSettlement @ 6.15% of revenue
$202,143
TOG
$716,806 (equal to Q123 )
COST PER OUNCE $548 ●21% Decrease from Q1 ($700)
$918,949 /1676oz)
TOTAL GROSS PROFIT Q2 $2,367,942
(Rev less costs)
Total NETT PROFIT Q2 $1,610,201 ●68% increase from Q1 ($958,098)
G PROFIT - (GP X 32% Corp Tax)
GROSS PROFIT MARGIN 72%
NETT PROFIT MARGIN 49%
Well my happy chappies do you get the picture now. What Ma been harping on about for over 2 years?
Now just imagine when Fairbride produces between 100kg to 130kg per month.
Q1 gold production
140kg Total produced FAIRBRIDE
1040 oz 23% share for XTR
Fairbride
(1040 OZ GOLD x $1859)
Plus
Other ops
(183 oz gold x $1812
Total Revenue Q123
$2,264,956
This is 267% increase compared to Q122 - revenue $617,422
Gold earnt by XTR Q123 1223 oz (1040+183)
This is an increase of 218% compared to Q122 - 384OZ
Total costs Q123
((1040+184) × $700
$856,100
Above figure includes Production tax @6% plus a much reduced land settlement tax @ 0.15% of total revenue
So Team on Ground cost for Q123
$856,100 - ($2,264,956 x 6.15%)
Total TOG $716,806
Since TOG costs are more or less the same each quarter we can use this figure when calculating Q223 figures
Gross profit Margin is 62.2%
((2,264,956 - 856,100) / (2,264,956)) ×100
Nett profit Margin is 42.3%
((2,264,956 - 958,098) / (2,264,956)) ×100
I am sure you will ALL agree the above margins are very impressive. In a later post we will see how XTR results fair against all other gold producers in the UK stock market.
What's conjecture KILL❓
Howezap giving me BALL park parameters to work out Zambia income
Or
Gold production numbers gotten from podcast with roasties and rns 6thJuly.
Would you like me to post them again
And if Labour get in they will all have to go and you will have to buy "clean" Chinese made junk. I hold copper shares but l am beginning to realise this climate agenda is nonsense.
Looks like another quiet day.
My tally, 2 Mustangs, 17 Corvettes !, 2 Rams inc SRT10 2dr, 1 SSR, 1 SRT-8 300C estate, 1 1941 Chevy truck, 1 1952 GMC truck and lots of Harleys.
Running a 1999 C5 FRC MT6 for the summer.
>>How , the question wasn’t to you
Sorry bud thought it was, I started something there and just needed to get the point across to Dani so I should get the stick really not them.
I know most stuff is common sense to many to work out but I’m sure not to all, and is good for just getting a dialogue going that might steer others in that direction to check out for themselves.
Yep yank muscle too jez, had 6 muzzies, C5 vette, couple of mopar and dodge Laramie
F150 is my daily snotter ‘coz I can’ 😎
corporate presentation on website Da. Actually from feb 23
https://xtractresources.com/wp-content/uploads/XTR-Presentation-Feb2023_v2.2.pdf
How , the question wasn’t to you. It’s was to the calculator. Without knowing this said figures would be out. We can all multiple x by y to get Z. The difficulty is knowing what x & y are made up of. which no one knows until results. It’s just conjectures
You are a very reasonable chap Howezap, I wish I was as easy going as you seem to be.
I'm not selling ATM as my ultimate goal with this investment ( amongst others I have) is to circle vulture-like as the housing market gets worse and hopefully buy a a renovation project at 25% less than it was last August in the not too distant future, 12 month from now I think.
So my window has to see copper rise by the same %age IE 25% and hopefully CB will magically get his ducks in row and turn this SP of 1.5p into something like 6 to 8p, or more, I wouldn't mind !
Meanwhile CB deserves whatever mud is slung at him as he's the only one who's got an ongoing income here. The mud will dry up as we rise from the bogs of discontent to the sunny uplands of a BR sale/JV or whatever spikes the SP.
I read somewhere on here you have an F150 so we have something else in common besides XTR, I've had around seven of them, mostly Lightnings but also 3 Harley models. I'm a life long petrolhead with a big interest in American muscle.
Lets hope we can afford to stump up for a TRX when CB sells the Ozzy business.
I’m sorry billy for not being ar5ed to answer a simple question that your friend google could have done.
Zambian regs allow max of 56 ton over seven axles. So a 30 ton was a flat guess that is within those limits.
I don’t always play the devils advocate, sometimes I like to dazzle with diamonds when not baffling with bull5hit 😉
Re post 1425hrs.
I agree with it but you really need to stop
Feeding the one person calculator. Supplying answers to
Questions that’s confusing or should be common sense. I have said before said poster leaves more questions than answers.
It’s not the way to play devils advocate!
Again all calculations are if buts and maybes.
I ask a question on Friday for example. How much can a 38ton lorry carry. Never got the answers .
Let me help it’s 20tons depending on trailer length and unladen weight.
Hi jez the first part is not ‘the’ business model but certainly the hook that got me and many more invested. It was, or is still a very complicated company to fully understand for any newbie to fully grasp.
I’m sure you were happy with your own strategy at the time, as i am with mine now still, everyone has there own level of risk aversion, understanding and expectations from their own belief in short, med or longer term outlook. So even investors with a good understanding and positive outlook can still disagree.
>> If you are still here then you are equally as smart or stupid as I am because we will both be affected by the outcome here.
Quote of the day like that 👍
Howezap said :So we should all be questioning wether the previous highs were highly inflated and not reflective of then market cap?
Think we all know the answer.
Smart investors that believe in the business model will have averaged down.
To answer the first part, we can only go on the guidance of the company, CB he wouldn't take 10p a share for it from AA at the AGM, that was the company guidance that people invested on.
He told us we had 2mt, he told us it would be a straight forward sale, he told us it would happen imminently ( two years ago) That was his guidance and the business model so please how's that worked out ?
And the second part:
I actually averaged up for a while until I averaged down again, I stupidly thought that 3.5p would be enough, if I lose the 2 pence worth of my investment from with the current SP then so be it. I'm not chucking any more cash at it.
If you are still here then you are equally as smart or stupid as I am because we will both be affected by the outcome here.
Regardless of how much was spent on averaging down.
Oh dear, back to riddles it is then !
Still have those beans if you're interested.
Hi BTTS >>Why would you think it odd, when shareholders have watched the sp fall from 8p to 1.3p and despite this "bargain" price, the directors who have far more knowledge of the company than anyone here, keep their hands firmly in their pockets.
The point is echoed by flipper 👍 in that those ‘significant’ returns, will have been based on higher copper prices.
Can all agree on that for sure, so until full studies are returned with the economic model for BR and studies from Moz and Zambia, to proceed to much larger sustainable operations with own processing abilities to take full advantage of increasing revenues to exploit those higher copper forecasts when time comes, they would not necessarily be expected to buy more shares at this point and certainly not just for the sake of trying to prop up the share price to appease insecure investors.
if anything above current market cap, particularly at the much higher levels before FB plant was commissioned, was deemed good value when purchased at that time, then with it now fully operating within its expected parameters, surely the current fundamentals just based on FB alone, makes 1.5p fantastic value?
So we should all be questioning wether the previous highs were highly inflated and not reflective of then market cap?
Think we all know the answer.
Smart investors that believe in the business model will have averaged down.
Really Jez❓
You said
"shareprice means nothing"
Explain..
Ok
Mr Newby pops over to XTR thread and is blown away by Mr Jez and company interselectual posts
8p to 1.5p SP keeps on being spouted.
1.5p says Mr Newby❓❓
Mr Newby who has heaps more grey matter than ALL of you put together says
1.5p could mean MCAP of
£12m or £60m or £120m or any other PRICE📍📍
Share price and market cap are inextricably linked. Both go up and down in unison.
Agree we need official figures in a released financial report.
"shareprice means nothing"
Explain..
"Shareprice means NOTHING"
It may not to you but those who've watched their capital decimated might disagree.
KGB,
Four letters are all that's needed to explain the fall to £12.7m
BR and BS
The two things you can't or won't accept.
You may be delusional but that's your problem.
What I don't like is the constantly made up figures paraded as projections that have the potential to cost the unwary money.
The unwary being the people who could fall for your waffle.