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£5K buy gone through but MMs then put through a sell at 1p for 68 shares!
So now down 2.2% even though 490K buys v 68 sells
Hmmm?
Btw MM's will still happy to take 1.6M shares from me !
I listened to the podcast and it felt a pretty impressive effort from - the one and only - Mr Colin Bird to me .... and reminds me that the current 10m ish gbp market cap here is brutally harsh, even in this awful market.
The 'imminent' q2 Manica gold revenue to xtr update - hopefully with some general steer for q3 numbers in that RNS too - should see this s/p rally decently.
(To me 2p an xtr share for Manica alone is now very easily justifiable.. and so even if you want to currently value all copper assets at zero - which feels extremely harsh to me - this share is still very undervalued on Manica Gold revenue alone)
Imho & dyor
PS: the 'unknown' trade just printed here for 75,000 shares is a buy .. my latest buy..
(I continue to do my bit here.. and, including all circumstances, I'm genuinely surprised more buying is not occurring around these s/p levels around now)
I think most LTH and anyone who was a buyer TBH have bought just about all they are going to buy.
I haven't bought any more since the end of November last year when I had my final top up of 233800 shares.
I might buy another 1/4 million if it drops below 0.75p just to make my holding a round figure but that will be it.
I should imagine there will be many in the same position.
There won't be much buying until some good news comes here and yesterday, whilst it wasn't bad news, wasn't good news either.
It will be flat until Manica results are finally released and then will go one way or the other depending on the figures.
Andrew, the reason you can sell a large amount, will be because someone has a buy order in at a set price. Probably a trader.
I kinda hear you Jezzoo..
(Flat is one thing .. but the classic trickle on down if news that could be reasonably expected - eg q2 Manica - but is slow to be delivered has a punchy cumulative downward s/p effect ....... so, towards giving some impression of professionalism by you and your staff, stop your messing Mr Colin Bird and get out the Manica q2 numbers asap.... )
Despite the downward sentiment across the sector the board have been working under difficult circumstances to build real value which does not yet reflect in the SP. Trust the board and Colin Bird's experience. it seems that a few smaller holders have over stretched but they need to show some resilience if they are to benefit from the inevitable upturn. It was very much appreciated that Colin Bird found valuable time to address the concerns of those mainly small shareholders. Perhaps now is the time to support the board. The lack of trust (from some) in people that know how this works is quite baffling if they are indeed shareholders.
I'm amazed that somebody is unable to understand why there might be a lack of trust in anything Bird says but then I don't think OSV understands much at all.
Thank you backtothesoil, you saved me a job putting the idiot in his place.
He's just got buyers remorse on the £50's worth he bought at 7p
You're a very funny guy imho OSV
Happy to stand corrected on this but Ford and Thygesen hold no shares in this company and Silberstein a very small holding. I'd trust the XTR board an awful lot more if those three of its four members bought a chunk of shares here!
If you'd like to make your first worthwhile contribution on this BB OSV, how about - please - asking your board member mates this question from me and feeding back their answers here:
Given this s/p is totally, utterly and completely flat on its face currently, if Board members - bar Mr Bird- won't buy shares in the open market here around now when will they ever? (And if not, WHY NOT?)
Trust in the Board & CB!
Silberstein hands in pockets both here and GLR (FD in both)!
Ford hands in pockets!
Thygesen hands in pockets, non ex elsewhere in other CB companies!
Wonder why they have not "invested" in XTR? Lack of trust or just poorly paid by CB or they know something we don't?
Ntm the directors have been awarded 24,800,000 warrants between them exercisable at 10p as performance related bonus.
Employees get a further 8,800,000.
https://www.lse.co.uk/rns/XTR/award-of-share-options-m86nqgci5sa5gs0.html
If the directors were confident they will one day exercise the warrants at 10p, they would already have bought zillions of these.
They have bought nothing.
They have as much confidence in Bird as I have but are quite happy to sit back and collect their directors fees.
They are a performance related incentivised bonus, awarded immediately when the share price hits 10p they are not exercised at a discounted rate beforehand.
Anybody, directors or otherwise, who believes the sp will reach 10p, would already have started filling their boots.
Maybe the directors are such noble minded people that they would rather leave this opportunity to the likes of us.
Warrants have no bearing on the Directors investment in this company, they are merely an incentive that costs them nothing if not achieved and free money if it does. Free money they award themselves in the event they actually succeed, something I can understand but means if they fail it costs them nothing if they succeed they get a handsome reward.