Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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This should do 100% from here plus!! cash is king as they say!
Over 50% held by TOP savvy investors Bill
So voting against not an issue❓
Blooming marvellous
Asked for icing on cake
Hey presto $15m
Love it 😍
Has to be voted on etc. However we now know the game plan
Totally blindsided MM's here!! caught short
I think this is terrible. Gold is forcast to go up towards $3000. Our profit at today's price is still $15M over 3 years.
Looks like Colin has another two birds somewhere he wants to grab.
MMP are rubbing thier hands. Over 6 years I've been waiting for the manica provides. Absolute joke.
WTF
NICE ONE dear C🎯l
A terrible business decision. The amount of money shareholders have pumped into Manica and they are receiving a poxy 15 Mil.
What a car crash of a company. Terrible business.
While this RNS surprises me, it probably shouldn't.. and explains a lot on Mr Bird not marketing Manica in recent months when I expected he absolutely should be doing so...
It also gives clarity to the company strategy going forward.. Mr Bird is going for it as a pure play copper explorer ...which is where his true interests lie..
I feel the deal/price achieved is average to decent.
Here's hoping the POC rises in 24 and 25 .. and some good exploration grades are readily found in Zambia drilling.. which could readily get people with 4p or 5 p etc averages their money back, in fairness
Buyers for a consideration of up to US$15 million in cash in regular staged payments
Sale agreed with bells on top !
BOOM
Good to see that Colin is still capable of getting deals done
Finally...well done holders. Should see the SP over 2p on this deal IMO.
DYOR
The one sale a third more than our current market cap ! Says it all really.
Q3 results is old news thanks to Empress
Hoping to get indication of Q4 Plus how we are doing 1 month into Q124⁉️
Plus cash position would be icing on 🍰
There will be Q3 production update by the end of next week, we’ll be holding above 1.5 after that.
Nowt since, apart from SP decline, although the 1.1p seems to be holding up give or take.
All very ZZZZzzzzzzzz
Found some detals of my trades on home channel ( D.L )
Starts with a sale on ( D ) 4th July 2017 ? then 10 trades most buys .
Then a complete sell out with a buy 15 months later in ISA
That was because this site shows false information it was actually over 2% down .
https://www.google.com/finance/quote/XTR:LON
Have not looked since Buy ( Wi ) 2/10/20 @ 1.12p ( more then the ( D ) all out sale 15 months earlier and shares cheaper )
Must have sold at a loss bought 3 times got back approx 80 % of one tranche size.
They must of continued to fall , and I bought some back in ISA , looks like blocked from buying on ( D )
Might be about even there .
Don’t see why there wouldn’t be some sort of update re Zambia licenses to follow. Their focus appears to have shifted there so you would assume there has been an urgency to get going.
They are in the rainy months now from Dec through to feb so that would affect throughput by around 20-30% down at fb.
MMP agreement runs for 10 years with option to extend but it would still then continue at the current 23% of after tax cash flow.
If they were to contribute toward any new plant or plant extension to accept ‘all’ other ore types, it would see an amendment or a new agreement with improved terms. Unclear if will be greater share of profit or of gold produced though
Anyone ?
Earning extra pennies zap❓
Am intrigued
OUTTA interest will we also get plans for Zambia copper licence next door to AFP's ones
Do you reckon MMP milling min 100t per month
We still on nett profit share if so how many more months before we change to 23% gold produced
cru
Im not ignoring you Dani, been busy earning more pennies.
Buyers should start returning to the resource sector soon so xtr should now have much news to come across all its projects to stimulate some interest again from investors old and new.
Well my friends on here have moved up high echolon society
AND
they just ignore me cos am OUTTA their league ❣️
Not really just popping by. I do keep eyes on here but usually just lurking🤓
I tend to find that when I start posting I just end up in arguments🤣🤣
so generally do not post too much nowadays