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Oh dear, back to riddles it is then !
Still have those beans if you're interested.
Hi BTTS >>Why would you think it odd, when shareholders have watched the sp fall from 8p to 1.3p and despite this "bargain" price, the directors who have far more knowledge of the company than anyone here, keep their hands firmly in their pockets.
The point is echoed by flipper 👍 in that those ‘significant’ returns, will have been based on higher copper prices.
Can all agree on that for sure, so until full studies are returned with the economic model for BR and studies from Moz and Zambia, to proceed to much larger sustainable operations with own processing abilities to take full advantage of increasing revenues to exploit those higher copper forecasts when time comes, they would not necessarily be expected to buy more shares at this point and certainly not just for the sake of trying to prop up the share price to appease insecure investors.
if anything above current market cap, particularly at the much higher levels before FB plant was commissioned, was deemed good value when purchased at that time, then with it now fully operating within its expected parameters, surely the current fundamentals just based on FB alone, makes 1.5p fantastic value?
So we should all be questioning wether the previous highs were highly inflated and not reflective of then market cap?
Think we all know the answer.
Smart investors that believe in the business model will have averaged down.
Really Jez❓
You said
"shareprice means nothing"
Explain..
Ok
Mr Newby pops over to XTR thread and is blown away by Mr Jez and company interselectual posts
8p to 1.5p SP keeps on being spouted.
1.5p says Mr Newby❓❓
Mr Newby who has heaps more grey matter than ALL of you put together says
1.5p could mean MCAP of
£12m or £60m or £120m or any other PRICE📍📍
Share price and market cap are inextricably linked. Both go up and down in unison.
Agree we need official figures in a released financial report.
"shareprice means nothing"
Explain..
"Shareprice means NOTHING"
It may not to you but those who've watched their capital decimated might disagree.
KGB,
Four letters are all that's needed to explain the fall to £12.7m
BR and BS
The two things you can't or won't accept.
You may be delusional but that's your problem.
What I don't like is the constantly made up figures paraded as projections that have the potential to cost the unwary money.
The unwary being the people who could fall for your waffle.
BACK
Shareprice means NOTHING - talk MCAP from now on
MCAP from £68m to £12.7m is it because
📍3rd year ZERO placings
📍Gross profit margin for gold sales at at 31DEC22 is 40%
📍Sales growth as at 31DEC22 219%
📍ZERO debt
📍BR - NO more Drilling - awaiting financial models - dear c🎯l saying BR will be a mine
📍Maiden copper income from Zambia - risk capital $65K
📍H1 results to show $5.5m Gold sales up 458% from H122
go on BACK give it a BASH from list above tell ME which of above caused MCAP to fall to £12.75m FROM £68m
CRUELla
Exactly firmly in their pockets I don’t see them topping up?
I hold 6mil
OLD
Good to see you!
You say the same ones here bullying and putting DOUBTS to genuine shareholders - one person said to me last week they felt awful for all the comments made about me - good job I have nerves of STEEL!
Would really like for genuine shareholders to post their questions on here - they don't for fear of being ridiculed
"I do think what is odd is the inability for many to believe that the company they are supposedly invest in, doesn’t have the ability to return any kind of value from the mission that they have essentially backed it to do."
Why would you think it odd, when shareholders have watched the sp fall from 8p to 1.3p and despite this "bargain" price, the directors who have far more knowledge of the company than anyone here, keep their hands firmly in their pockets.
Look out, there's a chatbot stooge about !
Thanks Guy
I get it calcs below are just ball park figures.
I need to get un understanding of HOW income is generated and HOW much XTR has left to GROW the business ORGANICALLY.
At the end of the day XTR only risked $65K to achieve this income with NEWSTYLE way of doing deals.
OTHER COMPANIES
Capex
Workforce
Equipment
Question
At what point would it be economically viable to build own plant?
How many tons of virgin rock would be needed on monthly basis at what minimum grade - i.e would 1% be profitable if we didnt have to truck it 70km down the road to KABWE?
You keep on mentioning MARCH PRESENTATION - not sure i have seen this can you send me a link.
Any idea on when H1 results are released?
thanks as always
The answer is quite simple. They are not invested but post lies to bully the genuine shareholders.
HZ - l think it must be remembered that Colin/us are betting on higher copper prices. As he has stated many times on the podcasts, the year of the small miner will come. But that year keeps getting pushed back. At a low copper price none of his projects are economic, at a high copper price then they will be very profitable. Same with gold.
Thanks Dani got there although my guesstimates are simply that , and not reliable so figures could be way more or far less.
There is the statement to take into consideration, on understanding how the extra costs incurred by hauling off site 70km or so and cost of any deal for services to process and sell may impact early returns. There is low grade ore up to 1%cu that has been stockpiled for upgrading through blending with higher grades and also can be processed on site later that is considered non commercial to be sent for processing.
With 1% not being economical enough for a positive return from sending off site solely, then it puts into perspective the perceived relatively low returns from sending the average grades of 3.5%cu once “all costs” are considered.
I do think what is odd is the inability for many to believe that the company they are supposedly invest in, doesn’t have the ability to return any kind of value from the mission that they have essentially backed it to do.
You can’t make it up 😉
You couldn't make it up..
.....
...........
OH WAIT !!!!
Yawn
KAKUYA income Final followed from post 3SEP 0945
Hallelujah just realised these are MONTHLY FIGURES🐞
SCROLL down for Quarterly 🐯
♣️Below total income figures using AISC of $2.60LB & current copper price of $3.84 LB
♣️Haulage calculated at $500 per 30T rock
monthly
📍5 T
$478,401 (385,808 X $1.24)
➖ $83,000
TOT $395,068
📍6T
$574,082 (462,970 X $1.24)
➖ $100,000
TOT $474,082
📍7T
$669,763 (540,132 X $1.24)
➖ $116,000
TOT $553,763
Of which XTR 60% PROFIT SHARE per Quarter is
(Above totals x 3 months) x 60%. N
✅5 T
$711,122
✅6T
$853,347
✅7T
$996,773
From the above to be deducted 30% corp tax to be paid JUN24 when finals released.
Wanna know if Joel will earn interest on corp tax and at what rate.
To achieve above XTR only risked $65k capital.
Eat your ARTS OUT
CruELLA
♦️♦️♦️♦️
Yeah I know sorry was mine to confuse
>>>go again from this below as sorry, maybe I confused it with calling it AISC as doesn’t account for the extra haulage. Below based on running ore to Kabwe for processing
So please pretty please once more as per my post 17.56 🤗
Guy
You said AISC of $2.60 lb which means ALL costs
Where is my error,?
.
Hi Dani not disputing your calcs, I’m sure they are fine but flawed as all other costs associated should be included as per correction.
I’ll steer clear of the math.
Cheers
Guy 😉
JEZ
Gold production as per rns 6th July
Q1 140kg
APR 68kg
MAY 66Kg
JUN 70kg this was announced in a podcast
No guidance for Q3 wether production has increased or stayed the same for Q2
Guy
Please SCROLL down to this AM Posts and tell me if calculations for KAKUYU are now correct
Thanks
>>Guy is the above correct?
I would consider that a fair assumption from mining rates but based on having own plant. But if that was the case then we are looking at couple or few years down the line and hopefully by then getting into the newly identified resource giving xtract 70% net profit share. But don’t take into account how it will be paid for.
That really stretches the imagination of our many critics here and rightly so , so for now maybe go again from this below as sorry, maybe I confused it with calling it AISC as doesn’t account for the extra haulage. Below based on running ore to Kabwe for processing
•Between 5-7k tonnes per month @3.5%Cu ( rates specified in March presentation which also states that it will be a sustainable operation btw based on pit extensions and new discovery. )
•$500 per 30ton load haulage fees. (Wild guess not researched)
•All in mining and processing costs if $2.60/lb (based on basic search result of a higher end figure that includes mining rates too)
•Deduct 5-10% loss of copper concentrate from metallurgical recovery losses at processing.
Jubilee ‘charges’ for processing and selling our ore ?? ( no idea there but some sort of figure should be included in any guesstimate)
60% net profit share to Xtr (until initial mining from current pit depleated)
30% corp tax
Think are mostly reasonable assumptions based on what company have put out, so fair game to throw some numbers about to fill in the gaps I’d say.
Rns said 60 to 80.
He also said 2mt for BR in roasties podcast didn't he ?
Ironically the ratios of exaggeration are similar
Remember that ?
Paid podcasts are exactly that, you don't see Maccy advertising their salt and sugar content in their paid for ads do you.
I have some beans for sale.
Interested ?