The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Makes sense bob, save a packet on trucks and diesel , wear and tear on the local roads etc .
Actuallt Colin mentioned the sulphides plant may well be built closer to or in the pit, and could wirk concurrently with the present plant.
NTM, exactly, may take a bit of time for xtr to prove itself , but the longevity will be obvious to all .
Interesting how other companies spin differently,
https://www.lse.co.uk/rns/TYM/uk-government-press-release-supports-zambia-growth-lgop5ju0wlj7o8f.html
Much there could be relevent here.
Is Manica not still in ramp up mode Cyberiaches.... so monthly revenues will be growing out still .. and the annual run rate increasing off the back?
(I'm hoping xtr's income will soon get into the $5m to $6m dollars per annum run rate range.. when this reaches full optimised production .. and sulphides mining will be added on top too, in due course.. that due course hopefully sometime in second half 24 onward, after plant enhancements build out)
Yes good to hear that “we expect it to run a lot longer “ re manica - she’s forecasting $1.6m for the year which equates to $47.5 million total revenue @ 3.375% royalty - about 24,000 ounces
47.5m x (800/1950) x 23% = $ 4.482m to xtr or £3.5million per annum
Ounces could/should increase - target is 30,000 plus ounces per annum .
6m 30 onwards re: Manica, note last second mine life correction https://youtu.be/rUcraGITOHQ
I should have added JDAU that the XTR issued to `counter` the official response you referred to regarding news from Zambia had no mention of Bird`s involvement/links with Shawi Fazaz and its significant implications.
As with other RNSs from Bird`s companies over the years, they say what Bird wants you to hear. From time to time, I have looked at `historical` RNSs of XTR , GLR, et al and wondered - so how has this particular RNS `affected the price of fish` !
The SP of Bird`s companies invariably indicate the truth. How many of Bird`s investors these days have actually made money in the last few years. Moreover, if the halcyon days are just around the corner, why aren`t Bird and his Directors jumping in now with big wads? No sign of him in GLR for 2-3 years - although his timing here a few months ago wasn`t too good!
I see a lot of posts have been removed. Probably makes sense because there was a lot of nonsense.
NtM, irrespective of BR, the fundamentals re gold production at Manica support a much higher Mcap (imo), the market just doesn’t believe/see it yet, it requires certainty and/or molly coddling.
As always, value will out when it’s spoon fed to the market, speculation on the mcap gap between that point and where we sit today is how I plan to make money.
https://www.lse.co.uk/rns/XTR/manica-q1-2023-gold-production-update-6j1hf2jkaktvc3m.html
It’s all there guys, you’ve been told what to expect, some really basic calculations based on the linked info should tell you what’s going to be on the aforementioned spoon.
‘Here comes the aeroplane…’
VulcanBob, maybe it disappeared because you’re effectively aiming to be as disruptive / downbeat as possible by posting 3 year old borderline defamatory “News” articles that’ve already been dealt with officially via RNS by the company?
Fair play JDAU.. the fundamentals here are very compelling versus the s/p by most any AIM definition I've seen.... and I have been in and out of a hell of a lot AIM shares in the last 10 ish years..
IMHO & DYOR
How strange that ALL the comments this morning regarding TRUST, not just from me, but others have all disappeared. I wonder who used his influence to do that? I suspect that this input will go too. Certainly, Bird would not like anyone commenting on his integrity, or his involvement with Shawi Fazaz!
Apologies if I’ve scuppered your plans at all chaps, I’ve been a buyer for circa 1m shares since the AGM at what I deem to be unreasonably cheap prices, most recently today- circa 500k at sub 1.4p.
Let’s see where we’re at when Manica results are RNS’d, I’d say “I bet it’ll be a much higher SP than where we are now” - but in effect (and echoing Andrew’s earlier point re income) I’m doing exactly that.
NtM
Likewise.
I was ready at 1.25 p ASK - then every 0.05p drop
It may still happen but not too sure now. Nearer we get to Q2 results the more unlikely it is that some will sell IMHO
Not sells. Bed 'n ISA
Erm...my plan to buy my next trance at 1.25p and one after that at 1.15p might be seriously compromised....
But I'm wondering if there's still time for a few irate big size holders here to set aside fundamentals logic and instead go further down the anger driven dumping path.... and me still get to do those planned top ups...?
And because it looks to have been deleted , that was vulcanbob and no other bobs ! lol
A couple of big sells. Hopefully can go up now.
You’re welcome Andrew, I’m doing some chores today, mainly hoovering.
Bashers need to work harder....
now 1.44p to buy
sell 1m at 1.30p
It would be a good story bob , just missing the facts , it was then and it is now !
Intetesting request, so where should I send true investors? Sorry never got to say hi at the AGM.
Just been looking at that original link from NG, and see within XTR 'emotional cycle', a position similar to, but actually far better position than March, April 2020.