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As of 1st June 2023 Alex Terry still holds 56,500,000
Hargreaves Lansdown Asset Management
Interactive Investor
Halifax Share Dealing
Mr Alex Terry
Barclays Wealth
A J Bell Securities
158,911,274
96,282,946
66,330,433
56,500,000
51,986,679
46,850,331
Lucky - l hope it turns out to be your greatest success given l have a fair few. But more importantly spreading risk makes sense. One might hit the jackpot, we live in hope.
Not ment as a cross ramp but I've just invested some in GLR. Reason being, it's like a replay of xtract. I'm expecting a pump there. He's reported the first hole of many. So I imagine he won't go mad like he did with xtract lol, but if they start getting daily RNS's, dive in!!
Just remembered to exit this time!
Travelling today to the Algarve so just checked in here whilst reclining with a vodka and tonic.
Judging by the posts Ma Twinklebaker is getting more “out there “ than ever before. Lots of green boxes interspersed with puzzled replies.
What what wINk
Coppers down, going into a recession soon. Can't see BR being sold for some time. Lucky we have dani to entertain us!
"When should we expect Q2 results please?"
Last few have been announced just over 3 months after period end, so that would mean early Oct if its the same time period.
CB said at the AGM Q2 would be announced in a couple of weeks.
If CB is correct and can be trusted, then they should be announced anytime now to end of this month.
So I'm going for early October :)
MM's will currently take 1.5m at 1.36p
been a long time since they would take that many in a block.
When should we expect Q2 results please?
I think I'll believe any Kakuyu income when its declared in an RNS !
I thought that was my point Andrew
When you say "They mentioned" I assume you mean CB.
I remember CB saying in November (years ago) we would soon be betting $200K a month income from Eureka by early next year.
I think I'll believe any Kakuyu income when its declared in an RNS !
I'm only believing what I read in an RNS from now on.
I just don't believe a word CB says anymore (outside of an RNS).
They mentioned some production from Kakuyu that could add to Q2. Some decent in pit ultra high grades of 15-25% Cu evident they may have targeted to draw some initial income from, to get the ball rolling. Half year report will be very welcome to get a better update from across all the projects, but no disputing Manica income will be the one everyone is looking to.
Https://www.lse.co.uk/rns/XTR/manica-q1-2023-gold-production-update-6j1hf2jkaktvc3m.html
Just had another look at Q1 results and there were a few clues in there on what we could expect for Q2.
Plant throughput
"Clear indications are that post the heavy rains, results are improving significantly and Q2 2023 is showing a marked improvement with plant throughput increasing from 30,000 tonnes per month in Q1 2023 to current nameplate capacity of more than 40,000 tonnes per month
May 2023 throughput was 43,200 tonnes per month
Grade
"A significant amount of additional close-spaced drilling was completed during Q1 2023 specifically to improve grade control and the ability to better predict the Run of Mine grade that could be anticipated by the processing plant. This work had an almost immediate impact on improvement in the run of mine grade with the average rising from 1.2g/t Au in February Q1 2023 to a current reported grade for May Q2 2023 of approximately 1.8g/t Au"
So for month of May 1.8g/t at 43,200 tpm = 77.76KG = 2500 troy ounces = 575 oz for Xtract for May
Assuming $1900 POG and $900 Cost that's $575K Pre tax profit. Boa Esperanza and Guy Fawkes usually add about another $50K a month so that's circa $625K a month. Obviously that's assuming April and June will be the same as May and they may not be, but that gives an indication of the pre tax profit.
If April and June are similar to May, that would mean Q2 results would be circa 66% better than Q1's. Q3 Results are usually the best quarter due to the very dry period, so we should at least equal or better Q2 results.
I think when we get Q2 results the sp will start to appreciate and continue to do so as we get Q3 results.
I just don't know if that SP appreciation means 2p or 3p.....or higher???
AIMHO
DYOR
XRP is a crypto coin popping up in many ads here on LSE...... So could be some sort of cross ramp?
Makes sense 👍
I mean he probably typed in XRT into lse search instead of XRP and then posted not realising he is on the wrong board
I thought so, but the mistake was done twice, once on subject and second in post.
A share that has too many similar letters to XTR
A mistake I think
Interesting article. Where would BR sit within this? Apparently BR is the 4th or so largest find in recent years, so that’s a positive but it is from a standing start.
Would it be exciting enough for the bigger players?
I know we’re waiting on the model but surely these experienced companies would have a sense on the cost, time needed versus potential profitability. I wonder if it fits with their strategy?
Whats XRP?
For the last hour XRP shares are unable to be bought /sold without going to market, odd?
Newcrest operations are managing Haverion, it’s into DFS , which was already due but are waiting to optimise further.
Wouldn’t say no other major is interested as they couldn’t compete with Newcrest as their Telfer mine is local to “potentially leverage Telfer’s existing infrastructure and processing plant”
I notice no one is that interested in Haveiron and the other big oz mines after the newcrest merger - maybe they're just talking the price down but doesn't bode that well for our poorfree
Https://www.mining.com/an-inconvenient-truth-theres-not-enough-critical-metals-to-reach-net-zero/
Hi ma no offence was taken, have been busy.
Bit premature to go ‘into’ royalties but not unusual to see a bolt on for selling on, or in resolution toward any number of stumbling blocks all the way up to DFS. Was just saying that it is a possibility.