Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Zap ⚡
£50m may seem to have been high but had a clear path of high profit margins been laid out from the onset then it would have been bought into.
Flip
You miss Ma? Me too. Had heavy heart in killing her off for reason I would rather not disclose. Hope you come to like the devil 👿 cruELLA ❓❣️
NTM
After yesterday's performance I would N🚫 T push CRu
Were you at AGM? dear C🎯l made me crumble at knees the A*SE.
I fink he needs to come off HIGH horse . Shetland pony I have in mind for him
Jokes aside dear C🎯l ain't stupid. He is playing a game and I'm trying to figure him out.
A good leader knows when it is right to step aside and let someone take co to next level BUT FFS not this level.
Perhaps a team meeting with shareholders might be in order?!
I know it's not reflected in share price or EFFING financial reports but he has achieved the impossible.
As for BR downfall so far is its sheer size. His job was to outline porphyry. Grades comparable with
Cadia I believe there is still a deal to be done but perhaps with new CEO❓
Whatever he decides I want him to remain Chairman
cruella ❣️
Yes .. breakdown on Q2 Manica - Fairbride- production / xtr share / income ..etc.. should be RNS'd in days not weeks .. I'm expecting/hoping
Are we likely to get anything positive here in the short term to push this SP North?
I don't think that value was wrong at the time. A 2 m/t copper resource, about to be monetised had value. Plus a gold mine on the way. The problem was the grades let us down at BR.
Agreed Howzap.
Re Cruella's : ''There are some companies that have ZERO value at any price and this is one of them.''
I think your being a bit Cruel(la) to your buddy 'Col' by saying that ! :-)
(I know you mean HZM)
Generally, in playing this AIM game I more and more come to understand that a good basis assumption is that large sleuths of AIM companies are readily potentially worth Zero.. BUT with Manica revenue now and going forward, xtr.l is categorically not one of them.... indeed, based on Manica alone, this share is clearly undervalued even by tough criteria now.... And Mr Colin Bird needs to focus seriously on publicising/elaborating on the value of Manica the market over the coming months.. If he's not prepared or able to do that then he should employ a new CEO here by mid 2024.
Looks a lot worse with xtr share price demise as it was from the spike with a 50-£60m market cap!
Which was really stretching it if were being honest.
That demise doesn’t look as bad using a longer range moving average.
Just trying to gloss it up a bit 🙄
NTM
Sad to see any company collapse and shareholders get wiped out.
There are some companies that have ZERO value at any price and this is one of them.
Risk comes at when you DON'T understand what you are doing IE don't understand fundamentals.
The difference in share collapse between HZM and XTR is XTR share price went is going down whilst forward value goes UP.
would love to have a one to one with dear C🎯l but I fink feeling not mutual cos I ain't got no fancy letters after me name ❓🙏🌹
Ma, would love to have shorted it but that is way beyond me. My investments look good at the time of buying and invariably end up in the bottom draw. The typical long term investor !. Still hope Colin can do what he said in the podcast and pull a couple of rabbits out of the bag.
Sad to see HZM collapse .. one I've never been near fortunately .... but I've had my fair share of other 'mishaps' I assure you
PS: just looking at the chart there and see 18 months ago of approx 160 p and today approx 30p.. big ouch, sadly ..A co-incidental look at the xtr chart 18 months ago to today shows approx 7p to approx 1.2 p .. which is a bit worse again even ! That's 'some going' here, in fairness !!
(Ladies and gentlemen I give you the one and only Mr Colin Bird)
Zap
Very good topic to discuss. Been looking at ALL CB companies and looking at current and ongoing cash position.
Not sure if right to post my analysis on here. Also cos I have information gaps and NO ONE to help me.
Yours cruelly
💙💙💙
Almost feels like there’s an agenda at play and through the roasties are encouraging the lemmings to jump across to other companies in the CB stable. Maybe to nudge up market caps there to drop a fund raise or two. How do those other companies shape up financially do they need cash to progress their assets.
New money is certainly not coming from the market in general until there is a change in the economic climate.
Prob stuff and nonsense but just a thought.
With 1p looming can't you post one of your blue sky waffles for us UNREAL investors ?
1.1p on bid spike thru 1p❓
Duck me FLIP
HZM
£134m MCAP. (was £750m a couple of months ago)
ZERO REVENUE
$12m LOSS TTM estimate FY £23m LOSS
$139 m cash
But
$472 NETT DEBT
🤕 OUCH
did you short it❓
Ma - looking at AIM and the markets these days then humour is all we have left. Thankfully I am not in HZM.
Oh flippety FLIP🙃
Bitta humour whilst being MANICA to HILT!
Joel could have written
Co made £1.46m gross profit on £2.06 revenue!
Plus gold bars on effing balance sheet
And the list goes on ......
Think no one likes cruella anymore
How effing CRUEL of them❣️❣️❣️
I wonder what numbers Stockopedia would give me if I sold one of my kidneys ...
Whilst I wage my WAR on CLARITY NTM
stockopedia just updated
Official
XTR gross profit margin UP from 40 to 59.4% - would have been high 60's if Q2 gold sold in H1
SALES GROWTH 127%
STicks out like SORE THUMB even more.
cash position as at enda H1 will not earn brown 🟤🟤🟤
In H1 report dear Joel could have given market cash position as at date of report cos NOW next official update til effing JUN24❣️
J🌱Z
Need bitty of advice
Wanna get on same page as N🚫T so dear C,🎯l
Do I have for dinner
Porky pies
or
Toad in the HOVEL
.Yours cruelly 💙
Positively cuckoo yu
Somebody is definitely Manic a today.
Is now same value as the price we paid for Manica ($12.5m) BEFORE there was one ounce of Gold being mined so zero profit and when POG was substantially less than now.
And MC is just 70% of sale price that was agreed for it, again with zero profit and no mine built (although we didnt sell)
After what has happened its understandable sp has fallen sharply (rightly so) but negative sentiment has now taken hold and there is a massive mismatch between fundamentals and valuation IMHO.
That will correct its self , but not to sure when?
Maybe 5 mins after CB retires !
I honestly believe CB's legacy and previous misdirection is now holding SP back.
https://www.lse.co.uk/rns/XTR/disposal-of-manica-gold-project-for-us175m-e2l0lbeow2nube4.html
NTMU.
And he's also way over the hill. As regards Manica, whilst it's nice to see income coming in, I'm not sure that it, on it's own, will provide anything more than a comfortable lifestyle for CB and the board.
FFS NTM
WHY CANT YOU ANSWER SIMPLE QUESTION ⁉️
You say autumn winter. Does thing change in spring.
Why did NOT so dear C🎯l say in NUMEROUS podcasts and the cost to XTR is £50kna month
Will this agreement resume in spring 🌱?
If not why?
🔸Says who and at what copper sale price?
🔸Pre concentration is the key to unlocking the low grade bill tonnages at BR that will bring them into play. If plant size can be reduced so is mining only half the amount of ore then CapEx and Significant OpEx reductions will also impact the NPV model. But yes copper price affects model considerably.
Not an essay 🙂