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Pleased to hear you've now inserted the lightbulb, towards having that moment CruELLA :-)
NTM
if may seem that way. Perhaps dear C🎯l could have improved on reporting to retain and add new shareholders
BUT
it ain't just that!
had a lightbulb moment which explains everything
''The only positives we could talk about are mysteriously kept from us. Which makes us even more suspicious.''
Nail on head Jezzo!!
OSV says ''Great value is being created here by Mr Bird ''
Well then please tell your mate Mr Colin Bird to get his act together and publish Q2 Manica figures in a CRYSAL CLEAR fashion ASAP (btw previous reporting on Alluvials figures were too smokey/mirrorey.. going forward Manica 'hard rock' needs to be plenty more clearly presented)
The current share price is utterly abject and - even accepting sundry strong head wind macro factors - a large portion of the blame for this 'mess' lies with Mr Colin Bird: the problem here is simple, the vast majority of existing or potentially new Investors here currently don't trust Mr Colin Bird as far as they could throw him. If he can't rebuild trust in the coming months he needs to employ a new CEO here and Mr Bird step back to some sort of high level Chairmanship role only into 2024
Hello OLD
good to see you again 😊
been thinking long and hard as to reasons WHY this is happening - value not being reflected in share price
took step back and answers CLEAR as day.
yours cruelly🌹
You admit the share price is dire then OldManSmell ?
It's not a campaign really is it though ?
It just looks like one because there aren't many if any positives to talk about.
The only positives we could talk about are mysteriously kept from us.
Which makes us even more suspicious.
I do smell a rat though what with PublicSchoolReachAround back here pumping for all he's worth.
Is it bad news you're trying to offset ??
One has to look no further than the campaign of negative posting from non shareholders and maybe small shareholders having no resilience to see what has contributed to the share price disconnect here.
Great value is being created here by Mr Bird and the board but some refuse or are unable to see that. Maybe those endlessly whining should take a good long look at themselves as to what is contributing to that share price disconnect.
He's back.... no mystery here.
Revenue and assets here 👍
This company has no value. Never had, never will. They’ll issue millions of new shares and consolidate, and catch out the next unsuspecting generation of investors with their bs. I’ve got a varicose vein worth more than this company. STOP paying for the directors lifestyle! Your choice, your money 🤷🏻♂️
L🌚VE
It JEZ📍
Can you tell the difference ?
Has CB left the building...
Oh GWIN
good to see you again do you remember me❓
Hope you like the NEW reformed me
Zap
Dear C🎯l ain't going nowhere I HOPE.
there is only one reason why he would need to bring in a CEO for a reason I would not want to disclose on here
But telling you it ain't now!
am HIS biggest fan even if he does grate on my nerves 😂
CB has the right individuals in place across all his companies with the specific capabilities, values, and experience to manage and move projects forward. If he couldn’t keep on top of his own workload across his various companies, he is astute enough to do something about it. If it were at the detriment of any those particular businesses. As an example, he stepped down from jubilee metals as at that time he felt a more suitable candidate with different set of skills would be better for them in the next phase of their evolution as a company. CB admitted his skills were more appropriate to companies which are at an earlier stage of their development.
He has vast experience needed to grow xtract into a ‘sustainable’ mining, exploration and development company, now that the company is at a pivotal point in its own development. There will be increasing, positive cash flow to sustain that growth now.
The market will catch up when investors looking for value return when interest increases finally in the sector and the company can start to push the PR again (when all the ducks are lined up) have some patience and let’s stop blaming the little fat chap. (His words)
Come on Xtr start moving this on a bit with a sale of Bushranger and Ascot .
Get the investment back and the biggest profit for the company as possible .
No point hanging on to it . .? . get rid and move on to new ground
Jez
dear C🎯l has earnt it just not reflected in SP YET📍
is HE grating on your nerves❓
HE is grating on mine COS he gives preferential TX to the couple of Roasties
fink dear C🎯l is trying to tell me somefink just don't know what❓❓
Do you fink XTR will start to rise❓
Yes if we get some new blood at the top, we need someone who will EARN their £130k pa
Agree CYG
H1
Total Revenue. £2.06m
Cost of Revenue £0.601m
Gross Profit. £1.48m
Nett Profit. £0.622m
That's on revenue for Q1 plus a tad of Q2
GROSS PROFIT MARGIN increased from 40 to 59.8%
Jez
do you fink XTR will start to rise❓
only ask cos have been walking round in same rags for couple of years - can only mend them so many times and need to buy new wardrobe 📍📍📍
Andmillsy sorry fat fingers!
You get my point.
Billy the only point of disagreement I have with your post is 1355 rather than 1335
Re post 1335hrs & 1339hrs
Your posts sum up the whole the sorry affair Colin Bird has put XTR in.
I think that shows how much damage CB has done to sentiment and how all trust has gone with him.
Replace CB with another CEO who has no historical baggage and the fundamentals here should see this rise substantially.
I do find it strange that XTR must be one of the few AIM companies making money and profitability must be good once the results are published yet nobody wants to take, a least a short term advantage. Yes, some may say the CB effect is having an influence but cash is king. Go figure....
Many thanks for the clarity through the Empress royalty Andy, it would make sense then that delay relates in some way toward operating costs and ultimately Xtracts eventual net profit share. As xtr would be the last to get paid and through MMP we would be at the mercy of their accounting for release.
There is a 3 month reporting window, but there would no doubt be a cut off period for ‘final’ payment to be received with full operational breakdown so could it be that there is not sufficient time be able to report the full quarter analysis within that window? Could be a future precedent set there for ongoing full audited results and HI. It wouldn’t affect quarterly production reporting.
Would assume payments are staggered throughout the quarter and not just one lump sum.
Just offering a less cynical alternative view with one which tallies with the comment in H1 that “…. projected figures for this second quarter on target.
Morning Andy and fellow Xtractors,
Long time no talk, as I have just taken a back seat due to all the speculative posts in the absence of news for long periods.
I think the MMP figures give a solid vlue to H1 production, but you have an interesting take as to why Big Bird is not making more of it - a suppression of share price by a greedy BOD to get away cheap options. Makes sense - Colin probably has his eyes on a new Dubai racehorse.