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Yea Spacemonkey, I'm missing Iceburg and Andrew4444 as well.
But if you don't go you'll never know , will you ?
Gixxer.... I dont think so. I really should but I honestly dont feel that me being there in person will change anything.
Jezz
We want XTR to do well no matter what. How it’s done will always be questionable.
However those that live by Google die by Google I say. CEO’s use social media platforms for their ramps , excitement stretching the truth. Then when same media is used to go negative as shareholders only have this as a direct venting option what do they expect. Then they have to deploy antibodies to kill negative talk.
I hope CEOs do read bb’s . As they now mud sticks.
GL news soon I hope.
LW - Are you going to the AGM?
In fairness, The Lycee Francais is indeed right by Kendrick Mews .. so best close the window next to your office desk to shut that noise out Oldschoolview ? :-)
It's getting louder though isn't OSV ?
Hoisted by your own Petard !
Do you feel OldSchoolView as well as CB should leave the xtr management team Backtothesoil?
(CB isn't going anywhere is my strong guess.. but he does look in here.. and might easily soon be open to firing Oldschoolview, I'll further guess)
Like Johnswan1, I still hold but at a much reduced level. I believe it is undervalued and will rerate but I also believe no matter whatever success at FB or BR might transpire, it will always be undervalued while CB is in charge. There is no doubt in my mind that, in exactly the same position as we are in now, the share price would be higher under different management.
Clearly involved with the BoD in some way Jezz - Just ignore it....
"Genuine" lol.
OSV how very democratic of you.
What about shareholding bashers ? Not allowed ?
I'll bring proof on my shareholding, will you ?
The more you post, the more obvious it is that you haven't got a clue.
You have a very skewed, entitled view of the world Mr Stooge
It is hoped that the few who persist in talking down the board stay away from the AGM. Genuine shareholders will want to listen carefully to those speaking on behalf of the company about all the value being created. They certainly will not want the valuable time taken up by interruptions and whining. Hopefully the non shareholding bashers will not gain access.
Https://markets.businessinsider.com/commodities/copper-price
Im hoping once they publish the study results and we have all the info, that Iceberg will prepare another blog covering this.
I miss Icebergs insight on here...has anyone seen them around?
My previous post is from an Empress newsletter, you can sign up for these if anyone is interested.
Any royalty payments due to any third parties (such as royalty and streaming payments) are for the account of MMP and will be settled from its entitlement under the Collaboration Agreement.
From 21-07-22 RNS
It was confirmed in an RNS that the royalty is on MMP account
I image we are but it's worthy of clarification...
It would be nice to have clarification at the AGM that we are not subsidising those royalty payments.
MANICA GOLD ROYALTY UPDATE - Operations steadily improving
In June 2023, Empress completed a site visit of the Manica mine (“Manica”), located in Mozambique, and operated by Mutapa Mining & Processing Limitada (“MMP“). The site visit was technical in-nature with discussions ranging from the open pit operations and plant recovery, to the tailings facility, and resource estimation techniques. The Empress team spent time discussing optimization opportunities in geology, resource estimation, mine engineering and planning, plant processing, the elution circuit, and the assaying lab with the site operators.
Empress was overall impressed with the site team, which is reflected in the operational ramp-up and now the site operating at near steady-state operations. Since production started in July 2022, ore throughput has grown by 11% per month, grades have averaged 1.6 g/t, metallurgical recovery has risen to ~90%, and gold recovered has increased by 17% per month. Further, since the start of the year, internal guidance on production has either met or exceeded budget. The local communities supply the majority of the local work force, including women making up ~5% of the work force. ESG initiatives have been implemented and further plans for the local communities were discussed.
On July 12, 2023, Empress amended the Manica Royalty Agreement to reflect that Manica royalty payor MMP successfully obtaining its own gold export licence. This has allowed Empress and MMP to significantly simplify the mechanics of how Empress receives its Manica royalty payments and the monthly reporting of sales and royalty payment information to Empress. The royalty payable to Empress under the amended royalty agreement is unchanged and Empress will continue to receive a monthly payment of 3.375% on gold sales until MMP has sold 95,000 troy ounces of gold, after which the payment shall be reduced to 1.125% of gold sales. Empress looks forward to continuing to receive payments from MMP under the new simplified royalty agreement.
I don't love any share John Swan.
I have been/am in lots of those other 'similar' shares and Manica generating strong nett revenue for many years to come here at this market cap is a gem find in this sector imho (worth in the 2p to 5p range alone I believe...I purposefully picked the lowest valuation as this brutal game has though me to default to/wards lowest valuations..)
NTM, I don’t know of any small cap share where the price reflects what its investors think it’s worth. For me it’s all about potential upside and it does not look huge to me here. In my view there needs to be a reasonably clear path to multi bag potential, which is something I’m not seeing here. It’s all about let’s wait and see. Maybe POC goes up and Bushranger becomes worth something. Maybe Manica revenues can be used to find a new project with decent upside potential. If you all love this then keep buying and I can release some more shares into the market for you.
Thanks for that feedback John Swan. I often learn more from listening to posters with different opinions to mine than ones with similar, but less so in this instance.
I think Bushranger has been progressed decently but not strongly via drilling and other activites xtr has undertaken there to date.. and as I value Manica at an absolute minimum of 2p per share now, I can't get my head around valuing Bushranger and other non Manica assets cumulatively at a minus figure ...... and hence the current 1.5 p s/p is just too low in my mind.... and I expect s/p upticking here in the coming months.. ..so I'm a buyer far more than a seller at these s/p levels.. but each to their own and I bid you good luck in your alternative bets.
I thought in the last podcast he was surprisingly contrite and acknowledged the fact. However, going forward what matters is the current valuation and whether Colin can increase it. I don't believe most of us are investing to save the world from a copper shortage. In fact the bigger the better !.