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>>It did change after the real situation became apparent.
Hey Andrew just banter on my part in that post. In response to the above part of your reply, can assume is in relation to BR missed targets and timelines he gave.
I am of the firm opinion that the pathway that the project has actually taken, along with the updated RC JORC where the lower peripheral grades have been added to make up the bulk tonnage, are ultimately more within the project ‘managements’ expectations when you consider what they would have known from all the available early AA data and the outcome and recommendations from the ‘preliminary’ conceptual study for phase 2, particularly where toward resource optimisation was concerned and the forecast of requiring $4/lbCu
Yes, there is always going to be some disappointment from hopeful expectation of grades. But the single most significant factor that contributes the most to the viability of a project has, and always will be the future value of copper.
What I’m getting at is that, although CB has not been completely honest ‘previously’, it doesn’t mean to say that BR hasn’t lived up, more in line to management realistic expectations. I know many have written it down off already and shouldn’t.
Peddling a porphyry project on a UK indices was always going to be difficult knowing how long and how much money is required. He would never have got away with it on ASX.
The downturn in global economy hasn’t helped his cause.
I had a pretty strong view that we'd have full/detailed q2 Manica figures by mid Oct.. unless we get them tomorrow then we won't have, alas.. (frustratingly/disappointingly/halfbakedly/a little concerningly .. etc.. )
Generally speaking, the management team of Xtract Resources needs to do a better job in sundry different ways imho.... (no sh*t sherlock ! )
20th July RNS, nowt since... Zzzzzzzzz
HZ
I have not been more critical of CB recently. Critical yes but not more so then usual. My view has been very consistent re CB over last 12 months . It did change after the real situation became apparent.
I would much rather the SP went up from these levels than went below 1p !
My bet is it is more likely to be higher in a few months than lower - hence the small top up.
Would be better to use some of the Manica profits and buy back shares ?. Unfortunately at the AGM he went the other way and spoke of issuing more shares.
CB to buy another £50K worth would do the business
Given a few 1k buys can move this s/p up somewhat decently from these ridiculously low levels .. I wonder what nett buying - there will always be a little selling into any rally - it would take to get this back to 1.5 p to 2p range ? ..
My guess is decently less than 50 k gbp nett buying would do that.
(I've added 5k ish gbp here in fairly recent times.. and I'm looking forward to even 10 fellow holders doing similar soon ! )
>>i also had a similar top up today. i will do so again if ask falls below 1p
was wondering why you had been more vociferous in ****ging cb off recently andrew.
silly me, and i thought you were just chasing likes 😉
LOL yes.. a full £1K buy... I need my AV down, and this is the intention at this fabulously low price with such a high future potential for a X 7 bagger :)
2 mins before fosters post a £1K buy went in.
I suspect Fosters post could have been the result of his £1K buy??? :)
I also had a similar top up today. I will do so again if ASK falls below 1p
MMs would take 1.6M shares today so they seem happy to keep taking our shares. That has not happened for a long time..
Do you have leaky boot news Foster or was that a lucky punt comment?
Interesting comment.
I'll take that as a compliment
I think you've been pushed to unbelievable levels already
Wanna push me to next level❓
That actually made me laugh out loud Cruella
Like COPL
NTM❓
Was that post meant for another Bulletin Board, Fosters ? :-)
F100
wot have I missed❓
JEZ
you ok❓
cruELLA❣️
Fosters 100 "Fill your boots this is gonna fly!"
????
Fill your boots this is gonna fly!
Jez
Sorry missed bit bout your bad news. Anything I can help with am here for friends and foes.
NTM
think you HIT nail on head. Did a write up on very subject when I was MaBaker
off for evening swim
see you all tomorrow
CRu ❣️
Thanks JDAU, I know like me you've been here a long time and are one of the very few that have frequently made sense of this company on this BB.
As little as it means coming from an ‘internet stranger’ - sympathies to you for whatever bad news you received Jez.
Might I suggest, especially in light of it being world mental health day today, that taking a break from the screen (and the circus that is currently the XTR bb) would probably be beneficial for you, especially when it’s almost guaranteed to wind you up further.
Certainly beats getting into a mud slinging match when you’re already peeved, for lack of a better (permissible) word.
As with investments though, ultimately it’s up to you.
With all Due respect to NO 1 poster of
INTERSELECTUAL POSTS
ME
done me BIT for humanity
Next stop CAPITULATION
then ROCKET launch to TWINKLEland
goal
To run off in SUNset with CISCO
but
he don't know that YET
yours cruelly❣️
I guess we're all a bit rattled after the latest - of seemingly endless - falls here ...and, on top, OSV turning up here when there's a fall in progress asking for all those with doubts/issues here to sell up asap is a double whammy of annoyance.
Btw: I often wonder if OSV or his 'inside' mates want this s/p as low as possible for their own reasons.... maybe to grow out a position on the cheap here .. or maybe to allow the next set of relevant staff share options to be priced incredibly lowly (to that end I note that other Directors and staff beyond CB here have little/no share holding exposure here.. and being granted options at for eg 1p might appeal to them a lot around now)