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BTTS
Sorry if you thought my post was insulting I didnt mean it that way.
I assumed you were not at the meeting so I apologise
MB, A mess ?, thought we were all doing ok till you got here ! :)
I think they both did gordie, or emplied it. Anyway, doesn't matter, its my investment that matters not words on a BB.
Back to soil, thanks, good luck with your future.
Lucky, i don't think it was andrew , maybe blue brazilian ?
Lucky. I am Gwyn on telegram. Your remarks re the AGM were interesting but did not influence my decision to sell.
Andrew. I normally find your postings interesting. This one I find condescending and insulting.
I repeat. For me it's about trust, not other people's opinions. You clearly are prepared to believe cb will take this forward. I don't.
Andrew, I still hold 2 million shares. So for you to say I'm trying to get the price down, it's a bit insulting. As you know, trying to sell in volume, is difficult. If I try selling the rest this week, I imagine I'll get an average of 1.3 for them? Maybe less?
I can't help venting my frustration on here, even if it means the risk of costing me money!
Lucky
I'm sure BTTS is Gwyn on TG.
You did not tell anyone to sell.
You gave your own interpterion of what you heard and stated your views.
Up to everyone to make their own minds up and be responsible for their own decisions.
Me and col was flying back to algarve , busy, busy :)
Back to the soil, are you Gwyn on telegram?
If you have sold on my opinion, I would like to offer you the chance to make your own opinion.
Recommend.
3hundred @17:54pm, Sun, 30 July 2023
Thank you for your notes of the Xtract Resources AGM 2023:
"6-9 years- high grade stuff, Bushranger."
"24/25."
"3 other co's looking at Bushranger."
BTTS
Your decision to sell of course but what I find strange is that you were not at the AGM, as far as I can tell from reading your posts.
This means you're basing your decision on third hand reports, that lack the nuance required and may be wrong or have a different interpretation than if you heard what was said.
I can understand lucky selling up as he was there so he had first hand experience of what was said, but your info could be distorted. You said you sold 750K Friday and will do another 250K tomorrow so thats about £15K sold on nothing more than what an anonymous poster said on a bulletin board?
Not picking on Lucky but he was the only poster who was negative on what he heard at the AGM so I doubt you're selling because of what anyone else said - if so then the same point applies..
Whatever you do I wish you good luck in your next investment.
Gixxer, who are you on telegram?
Fancy a private chat?
Maybe I need a second opinion on the AGM.
I went in being disappointed, the agm just confirmed my gut feeling. Want to check my emotion going into the meeting didn't cloud my judgement. Same to you Jezzo.
I say share it !
Been looking into the law about recording AGMs.
If you get enough shareholders, you can request the AGMs to be recorded, and maybe video recorded. As a shareholder who missed a couple, I would like to have access if I can't attend.
Maybe I should share it? Apparently reporters record secretly and realse to the public for public intrest without lawsuits.
I would constitute it as shareholder intrest.
Btts, ultimately your cash , your decision , but would seem prudent to me to at least see the year out with some shares till we get some hard results .
Nothing I've read today has given me second thoughts about leaving. My remaining 250k (out of an original 1.8m) will go tomorrow.
For me, any relationship has to based on trust. I have zero trust for cb which makes my exit inevitable.
Lucky, totally respect your opinion.
If it's 10p for BR in 2024/25 then that'll do for me, with production from Manica expanding.
I've got to be patient, been here nearly ten years, but the Company has never been as near profitable as it is now, so in my opinion would be wrong time to exit.
Good luck.
I'd be happy with 100-200m. Colin said we were all hoping to get 150-400m. He said we're disappointed. So to me, we won't even get 150 m.
I would take 10p for BR, I don't believe we would get that, currently.
Colin said the numbers are great at $10k copper, i thought that's good. That was until I done the maths and it's over $4.5 per LB.
No one is using thise figures.
That's why we are waiting for 24/25.
The copper price might not be good enough by then.
It just proves colins been living through his teeth.
I'll stop posting the negative stuff as I've been a very invested xtract holder over the years and know what it's like to have faith in a share and for people to post negatively about it.
Yes andrew your right, when i read it back after i posted i realised i should have said "some" . It's all relative isn't it, i have gone through all the emotions that everyone else has, twist or hold .Someone mentioned eternal optimism, at times i feel like the metal detectorist who just keeps turning up ring pulls . what i would like to see earlier rather than later is some deep holes drilled at manica and some indication what there may be at depth .
A444
I wouldn’t be surprised if we turn blue tomorrow. All investors ever wanted was communication and updates. The silence killed and SP dropped. CB got out the gates last year with constant updates and RNS’s. He either should have controlled and limited news flow if he could maintain it.
3hundred, if I shared the meeting recording, you would see a drop in the SP.
It's quite obvious that some are blinded by rose tinted glasses. I've seen it in AFC energy. I was invested there before the spike and I popped over there to see the same faces talking the same positive potential now. Some people fall in love with a share and never sell. I realised I become one of them in xtract.
I went into the meeting for clarification on BR.
When it might be sold, and how much.
We got the Answer, 24/25 and it will be more than we put in, and a bit more. How people come out of the meeting thinking, 100-200m is beyond me.
Maybe someone else recorded the meeting and will release it. That way people can make up their own minds.
"I would understand the sentiment around throwing the towel in that many may have at the moment "
Is it really "many" though?
Apart from one attendee, every AGM summary, from those that were there was either neutral outlook or slightly more on the positive side.
As I said on Friday it looks that only 2 sold on Friday after AGM (from their comments) . Majority seemed at least OK with what they heard and no reason to sell up?
No reason to expect a big sell off tomorrow but IF it happens then I suspect many will take the opportunity to add?
AIMHO
Thanks for the affirmation Pinnochio.
I would also say, that of the people I spoke to both before and after the meeting, few posted their thoughts, and although not happy about the current share price, understood the various headwinds and challenges facing CB and the team.
Colin did accept that being an eternal optimist, the 1.3mt left him and others feeling disappointed.
The positive take for me is that although BR isn't considered Blue sky or Tier one, it's still a big asset, not priced in, and the Company has decent cashflow, soon to be recognised by the market.
Patience required, I'm going nowhere.
So the takeaway from everyone’s posts today it’s game on with BR. Just need to bowl out AA or retire them.
FB & Monica hold the the fort for now. It always takes a few days for news to be digested and todays posts don’t seem to deviate too much from what was said at AGM.