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Personally Dani no, their posting history shows one of being very anti CB ‘beyond’ the few recent copy pasted onto GLR! There is an ‘apparent’ dispute in ownership of Kalengwa but maybe one that xtr felt was worth getting a foot in the door with KPZ for. Geordie would maybe be in a better position to comment I think but to start speculating and writing Kalengwa and Eureka off by trying to read between the lines is foolish until an update is released.
Adrenalin rush you say! Definitely not an adrenalin junkie, scared of heights, speed, wasps, wife,…..but my reputation for being over optimistic does precede me…apparently
Relating to the deal with KPZ and the ‘legitimacy’ of the disputed ownership. Will see what comes next month when the exploration license is up for renewal. 1st April
Could by why Kalengwa was subordinated
https://www.lse.co.uk/rns/XTR/comment-regarding-zambia-media-reports-ydfyagthppx9udd.html
Btw Vulcan bob is likely one of the same as pops/kwak multiple disruptive accounts. His history is in exact same copy pasting style and content
Shame on you.
Vulcan bob it’s a sponsored article so biased it’s blatant
For Kwadoko: https://www.lusakatimes.com/2019/08/02/you-are-the-company-you-keep-a-tale-of-two-mining-companies/
I share your views on Bird Kwadoko! However, he is beloved on the GLR`s BB - he can do no wrong. As it happens, for the last 2 days there have been no entries on the GLR Board. Accordingly, I couldn`t resist copying some of your inputs from today`s XTR. Hopefully, it will generate `food for thought`.
Further on the subject of Bird, on the GLR BB I highlighted some articles from the Lusaka Times which showed him involved with a high-grade villan of the first order in Zambia. The articles covered in some depth how Bird was involved with the villain in question in taking over a mine. Surprisingly, much of the press coverage has now disappeared - I wonder why, and with the influence of whom??? That said, I have still managed to retrieve a much `sanitised` version from the Lusaka Times today. Disappointingly, a lot of the finer (aka juicy!) detail is missing!Zambia : You are the company you keep: A tale of two mining companies (lusakatimes.com)
I reserve my judgement Howezap
CB does appear to use his power words loosely " Tier 1 world class". Surely not all his companies have world class mines being explored. That in itself would resolve the copper shortage. Best i let Chinas leader know cB has cracked it
Good news for some then Docit another step forward.
Colin still managed to squeeze in a word for the oz team intentional or not.
It seems going on CB comment in the above they also have Tier 1 world class copper gold project.
I have them also like the rest of CB children
New podcasts out, unfortunately it’s for BZT
Whilst on the subject of First quantum’s Panama operation. It had $10billion spent overall with $6.5b of that spent by them, and the panama government decided to close it down because First Quantum wouldn’t agree to pay them extra 375m a year in royalty and taxes. This a prime example of the risks from being in geo politically sensitive country or region.
Places such as Australia, North America and Canada are prime examples of places with more stable governments and policies that are supportive of mining. However, there is still the social and environmental factors to consider that are so much more prevalent now within a good jurisdiction. Being in an an environmentally sensitive region poses it own risks too. The Pebble ‘proposed’mine in North America is the second largest ore deposit of its type in the world, it has a measured and indicated resource of 6.46 billion tonnes of ore grading 0.40% copper, plus good gold, silver and moly values drilled over ten years with permitting ongoing for over 15 years now. Unfortunately, as Pebble is located in the pristine Alaskan Tundra, due to major environmental concerns over its waste discharge plan and the catastrophic effect the 50billion gallons+ of toxic waste water from this potentially destructive mine will have , if it ever polluted the many rivers and streams. This is why Pebble will ‘never’ be a mine and rightly so.
No such issues in NSW on both fronts. Jurisdiction is of paramount importance if a potential sale is to be agreed down the line.
The strongest indicator yet that Chinese economy will grow, leading the way for a shift toward an increase in demand.
Chinas influential contribution toward futures cannot be underestimated.
>>>Copper futures jumped above $4.15 per pound, rebounding sharply from the near-two-month low of $3.95 touched on February 27th as strong economic data for China pointed to a sharp recovery in the country’s industrial sector. The latest PMI reading revealed that China’s manufacturing expanded at its fastest pace in multiple years in February, opening the way for higher output in the coming months and suggesting the economic reopening had a profound impact on activity. Persistently tight supply also supported copper prices, as production halts in major South and Central American regions compounded concerns about low inventories in the US and Europe, adding to views that copper markets could be heading into a deficit. Besides mining deferments in Peru caused by political unrest, ore processing operations in Panama have been recently put on break due to government tax and royalty payments issues from Canada’s First Quantum Minerals.
• Tradingeconomics.com
His previous other company podcasts have just been general operational updates. Could be similar as Manica and Kakuyu have seen lots happening. Can’t see any worthy news from oz if there is not a preceding updated study RNS
Hopefully some meaningful questions have been asked.
According to the Telegram page a roast has been recorded and the posting of it is "imminent"
Maybe waiting until after an RNS has been released ?
MaBaker - No worries!
The claim by Steve4077 that BR was not viable did have a bad impact on the SP but I don't blame him for selling his shares before making the claim... who wouldn't? I think he is wrong though. The problem wasn't with his calculation (the maths was sound) but with the numbers used in the calculation for the capex and opex costs... he guessed them and you simply can't do that when tiny differences make a huge difference when calculating the viability of a project. His calculations also didn't include the yet-to-be-JORC'ed resource found by the phase 2 drilling, which will be included by the company doing the modelling (XTR will seek to formally add that resource to the JORC later with infill drilling). All in all, way too much room for error to make the claim he did IMO.
The way I see it, the African assets alone are now worth more than the current SP suggests and I therefore have little to lose by holding the approx 2m shares I still own. I now eagerly await the updated modelling due 'early 2023'.
GLA
Dani
I think you are getting your Steve's mixed up.
I think you mean Steve4077 and not stevemocal
Docit. Agreed. In over 25 years the AIM index has gone nowhere - actually down. The investment banks just used it to pump shares for quick profit and the Company CEO's were happy to oblige. Never ending share placings and warrants have destroyed any value for long term holders. Worse, l still keep hoping this time will be different !. I remain invested in Colin's companies but AIM is a frustrating market at the moment. And the over enthusiastic comments regarding RC last year hasn't helped anyone.
I like your confidence.
However years ago i used to make a small fortune on AIM
That is not the case now
It seems that anything on AIM is a licence to print money
Forthe CEO and members.
I have eight companies who have promised the earth, drilled many holes, struck aledged earths riches, only for two to fall by the wayside, disapear with my hard earned money and the rest still milking it. Forgive me but will only ever trust this when i see MY books balance. Until then it all remains promises and dreams which buys nothing for us and an awful lot for CEO's and crew.
>>>BTW a good way of ridding the emotion FEAR is by having a laugh.....
Could not agree more Ma.
Others would disagree I’m sure by saying, “it’s no laughing matter when people’s money is at stake.”
However just had this from Kwadoku formerly Pops1980
>>>I doubt any of us will ever see our money back
And there it is!
And yet still invested in Colin Bird companies. Why not just sell up and put what you have in one of the ‘better’ opportunities out there? A paper loss is ‘not’ an excuse to cling onto hope that one day it will come good. “Oh well another one to go in the bottom drawer” Investing strategy madness.
Kwak is just another typical AIM investor
https://youtu.be/61Q6wWu5ziY
I remember it first time around, did you know Boney M were chosen for their looks not their singing acumen.
They never sang, just mimed to a soundtrack.
Make of that what you will.
Wink
Jezzoo
So I take it you don’t like Colin Bird?
Pmsl
Happy to see all the comments on here. The tide has really turned against Colin. He has been running his dubious model on AIM for years without any recourse.
5 companies, on AIM, all the same- promises, slick slick interviews on Sunday Roast, baseless ramps about production and selling on to other companies.
Nothing happens- sidesteps, or one step forward and one step back.
Only thing that you can be sure of, every year- they hand over a chunk of [tax free] money to Colin Bird. I havent calculated how much it is all together. Maybe 300k in total?
What does he spend it on? We know he likes his prolonged summer vacations where we don’t hear anything from him for a while while he escapes the fierce UAE heat. We know he spends money on racehorses. If you want to see where your money is...dont go to a mine, visit Ascot!
So Colin Bird is like a modern Robin Hood in reverse- poor PIs give their money to a rich Yorkshire man who resides in tax free UAE.
I doubt any of us will ever see our money back, the least we can do is report him to AIM. The more people who complain, the more chance that AIM will investigate. I think AIM is at the situation now that so many people have reported Colin Bird- that is he is finally done in future- there will be a long paper trail that they did nothing. So lets add the pressure on them..contact AIM regulation.
Dont be a helpless victim
I've said it many times, these share shows arent like Newsnight with Jeremy Paxman- they arent supposed to probe- or people wouldnt come on it. I sometimes wonder if companies even PAY to come on them- because they give such good PR. Colin Bird doesnt give results- he gives car salesman -like interviews replete with jargon and numbers to try and impress people.
Colin Bird’s AIM record (as of Feb 23):
Time he became CEO of BZT- SP 0.5….now 0.06
Time he became CEO of XTR- SP 10...now 1.9
Time he became CEO of Galileo 7.38...now 1.1
Its great to see the comments, i see the tide of opinion has turned against CB and he has very little room to manouvre. He has been doing the same thing for so long and finally noone has any faith in him. But for sure he knew this time would come and has probably funnelled enough cash away for this moment.
Colin Bird’s AIM record (as of Feb 23):
Time he became CEO of BZT- SP 0.5….now 0.06
Time he became CEO of XTR- SP 10...now 1.9
Time he became CEO of Galileo 7.38...now 1.1