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XTR not in the list despite being pushed a little by the Sunday Roast interviews last year. Not exactly a vote of confidence.
The roast boys were as disappointed as any to now see a potential sale date slip further away than was implied. Being pushed back has nowt to do with the current economic climate, that’s not an excuse. I believe we were always going to see the latest anticipated timescale as they were clearly persuing the decision to mine at RC, targeting what was only open pittable. There was indications from some assays that deeper porphyry were underlying (without checking back can’t recall which holes) so was there a genuine expectation that 2mt could have been reached from just open pittable depths? It was clearly Colin being hopeful on that trigger point, using it to rally the market and consequently, when 2mt didn’t materialise, the negative market reaction followed.
So it’s expected really that the roast boys have dropped xtract as they too, probably feel they have been led on as there were keen to get it sold comments. So to promote it for 23 against the markets reaction would show bias and smack of partiality. Not great for their credibility.
Have you a link to their 2023 tips please?
The guy Kevin posted this on telegram yesterday
Not lost interest at all gentlemen, we had decisions to make, there maybe a twist wait till Friday ? (PS we have many more than 12 clients) but not all the 12 are clients !
So think we can probably expect a interview tomorrow, let’s see
>>So think we can probably expect a interview tomorrow, let’s see
I don't think it will be an interview with CB. Kevin also stated: 'No it’s our twist don’t get to excited !' With reference to someone expecting news inc
Gixxer
If anyone had inside info in Oz I suspect they would have sold much sooner and at a higher price before collapse. Volume very low and really not many sells. I suspect its a panic sell by PI who has lost their bottle or needs to pay bills.
Even if you discount Bushranger and give it zero value its doesnt make sense to sell now (unless you need the money) as FB income will be worth more than current MC.
True enough Andrew - I guess is it that time of year that the taxman comes calling too! (if you're self employed)
Precisely. I’ve had to sell 15% of my XTR holding in the last 2 days, at a 65% loss, as I had to cash in to pay bills. It was tough to do. That will teach me to have been substantially overweight in XTR. Though, to be fair, my other investments are showing big losses over the year too. Hoping for a better 2023.
....if Carlsberg did quarterly gold income updates..
...they would probably be on time...
Apparently there's a complimentary series being produced, " Turkeys for '23" , ;)
Howezap ... "So it’s expected really that the roast boys have dropped xtract as they too, probably feel they have been led on as there were keen to get it sold comments. So to promote it for 23 against the markets reaction would show bias and smack of partiality. Not great for their credibility."
surely your are aware that the Sunday Roast (Roast PR) is a PR company and it has clients for whom it issues PR. XTR is such a client. Bias and hints of partiality are integral to the PR agent/client relationship!!
Hi ZM I’m no doubt being really naive in thinking the roast boys have any professional integrity to uphold lol
Cheers
https://www.listennotes.com/podcasts/the-sunday-roast/s4-ep140-12-stocks-for-the-xTADE6N9l1I/?_gl=1*13vh0mz*_ga*bHBIcjNjRmp6Uk5hUXYzejBIbWZZbE5yYjFuLXJCb2IxYU1JdE5DY3pmUWZldmdpU01tTEVESi1FMUhRdWZmTw..
It's frightening to think that the very next RNS could literally make or break the future of the company and with it our hopes and dreams. I think I need to lie down for a few hours or even weeks. The stress and strains of last year are beginning to tell. Will this year be any better?
"It's frightening to think that the very next RNS could literally make or break the future of the company"
I may have got this wrong, but I don't see it that way - well not news that will break the future of the company. Even if the economic model shows that copper has to be say $9K or $10K a tonne, I believe that will happen within the next 6 to 12 months. For clarity, I don't expect the model to show POC needing to be higher than $8.5K
Worst case imho, we may need to park the buy-out for a year or maybe 2, and wait until copper price goes up.
As others have pointed out, the near surface 0.6mt (191mt x 0.33%) just from RC will pay off all capex and leave a good profit.
It was for those reasons, that I have added another 500K shares over last month (100k x 5) and will keep buying 100k batches up to total addition of 1m by March - assuming sp stays sub 2p for that long.
Previously I said I would not buy anymore as I've already got multiple millions but I didn't expect the shares to be this cheap ever gain !
January sales are still on... but for how long? :)
DYOR I may have got this all wrong - but I doubt it.. FB profits alone, should see sp substantially increase
Andrew. I'm encouraged and impressed by your confidence. I have also been topping up at these low sp levels. So just have to keep teeth gritted and fingers crossed for however longer a resolution takes. I now need the sp to recover to 4p to break even. Am I asking too much? Hopefully not!