focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
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Daz
Yes it really does sound wonderful ! Predictions of substantial revenue and massive sp re-rate. All we need now is it to actually happen !
Lets hope, this time, it does!
Hello Lucky,
Not at all sure, other than, perhaps, the normal LSE computer glitches.
But the 1.22p trade was definitely a buy!
Hello Daz,
Yes, agreed!
And that puts our share nicely into the £300k -£500k per month bracket that CB talked about on the podcast.
So we are all singing from the same hymn sheet.
I do like it when a plan comes together...ATB
Thanks CE and Daz
Snap!
Sorted whilst I typed...
Hello Andrew, looking back on my figures that may be a complete LOM figure in USD (about 4 years of 6000 tonnes at $6000 per tonne) without applying the 25% sales discount that I used? Of course tax and production costs would also have to be deducted, as you subsequently pointed out... But I am sure Daz will correct me if I'm wrong. ATB
AtB
Daz
Forget that. It was the copper dump value. Didn't recognise the figure as it was in £ not $.
Daz
Where did you get the £125M figure from? If it was from your calculations can you give me a breakdown of how you came to that figure?
Can anyone explain why the buys this morning are now showing as unknown?
At long last it does rather look like good things happening. I feel that the SP will move very quickly upwards from here.
Sorry about the double post - not intentional.
Looking at the buys, it seems that I was not the only one to like what CB said in the podcast...
Finally, good things could actually be happening for this share at long,long, last?
Looking at the buys, it seems that I was not the only one to like what CB said in the podcast...
Finally, good things could actually be happening for this share at long,long, last?
Ignore that, I've found it. Thanks
Where have you got this information? Has CB done a pod cast? I can't find anything. Can you send a link. Thanks
Good, solid performance by CB and answers a lot of questions.
KPZ is a conglomerate of businessmen that own a massive licence, of which our concession is only a small part. So KPZ couldn't handle production on the whole licence, even if the were interested in doing it.
The current XTR strategy is to have between £300K-£500K per month income from 4 or 5 individual operations, of which the KPZ deal is the second operation after the hard rock at Manica.
First income from this deal is expected in approximately 2 months time. We will handle the processing of the dumps material ourselves as the maths are very favourable for us to do it, but will farm out the mining of the hard rock, whilst still keeping control of the processing. The whole process will be self financing and grow organically so as not to cost anything from an XTR perspective, but will return considerable value to shareholders.
So, by March next year the plan is to have between £7M and £12M per year net income from the first two operations, and look to develop another 2-3 operations, partially financed by this income so as to get a target net annual income for the company of around £20M per year.
That would give us a new target SP of at least 25p!
We shall see...
https://*****boom.com/posts/7317330-block-energy-xtract-resources-and-cadence-minerals