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Nice rise for a Friday...leaky Monday news?
Anyone heard anything?
;-)
SP responding to the real value that board have been working so hard to deliver here. Despite the best attempts of the few bashers, genuine shareholders can see what is about to unfold here.
I like how the price ticked up when mr jezzoo said he was going to the pub ;)
"I like how the price ticked up when mr jezzoo said he was going to the pub ;)"
Mr Jezzoo !
MY quick 500,000 on the cheap
Who say bashing doesn't pay ?
As if nobbers !
LMAO
Colin just remind us again the size of bushranger potential against existing mines , in top 10 ,with copper demand expecting to accelerate with electrification , this is a simple supply and demand play
I don't OSV works weekends.
I don't THINK OSV works weekends !
Jeez must get some new readinfg grlassses !
>>I don't THINK OSV works weekends !
24-7-365 is no limit for an AI chatbot
OSV is just another pump and dumper.
I don't think it's a pump n dumper, I actually believe it's a poor attempt by CB or someone in the company, to try and reduce the heat at the agm. Unfortunately, its not going to work unless the SP magically goes upwards of 5p!.
See you at the AGM!
Should be interesting !
Had the same with another share recently. Turned out the guy was operating a scam. Always best to keep an open mind and not be intimidated by what someone writes on a bulletin board. Hope the AGM goes well in a positive sense regardless.
Just an observation but two weeks ago people on here were talking about an XTR shareholder group, and asking CB some difficult questions. Three days later up pops OSV telling people how hard the XTR board work, and what a wonderful job they've been doing creating value, all while the share price has fallen to a 2 year low.
The same person said, the XTR board can't control the share price, but then blames people on here for negative posts, putting off new investors, and that's why the price has fallen. OK nothing to do with all the missed deadlines then, wonder if 10p a share and stuff it, is still valid.
I think Howezap has got it right. If you read OSV's posts they are as I said before, monotone and repetitive.
I agree with him, it's an AI chatbot.
I'm going to ignore it from now on.
The market is much less forgiving in general of junior mining companies anyway, between 50-100billion as been wiped off AIM company values since the down turn, most or certainly a vast amount of those companies in AIM that have suffered the most losses those do not have earnings or any other type of incomes to underpin their market caps.
Xtract would have likely seen ‘less’ of a rerating if fairbride plant was at full production 18months before it was.
Not denying there has been an element of disappointment in not reaching some ‘targets’ that were set, but cannot recall any deadlines baz. Those missed targets have been while the company still has plenty of optionality to advance in the best and most economic way forward and ‘not’ that it has come up against a brick wall.
Wrong again Dani!! The full production of manica would have stopped massive dilution, if it was on time.
i'll put the subject to bed when i sell my shares and no longer have to read you f=ing ****e
Jezzoo - AI chatbox makes sense. Recently seem to get a more " intellectual " type of ramping/deramping on the bulletin boards.
That’s a fair one Lucky, took 5+yrs in the end, half that time may have seen non dilutive exploration funding of BR from the offset. And with no financing overhang to have held the share price back since we would certainly not be sitting at £14m market cap. CB would not have needed to dangle the 2mt carrot and set targets that the after effects of have played some part in the rerate down.
Dani too has a fair point in that he hasn’t had an influence in any way toward the development of new plant and it’s commissioning though.
There are way too many ifs and buts to go drown that road, we could go on all day. It is what it is now, but for sure there would have been a far different outcome you can imagine.
Howezap... thats the whole point though. Colin felt the need to do something which caused the rerate down. He chose to dangle the 2mt carrot, not because he believed that shareholders would end up with the value of a 2mT resource but because he knew they would be gullible enough to swallow his guff. He believed that dangling of the carrot would pump the SP spiking it to 9p regardless of who got burnt in the process. Honestly tell me who actually benefitted from that "management" ?
Well that’s easy LW……. We ‘all’ did, with a reduced amount of dilution than what would have likely seen without the intense PR drive dangly carrot etc. The continuation after that was to again to attempt to keep as high a share price, possibly with intent of driving it up toward the outstanding warrants that could have potentially gained a few million.
There were no guarantees after all that fairbride was going to have a trouble free commissioning as we have seen.
But, after all there was just too much of an economic head wind. I think overall that’s a fair reflection in my opinion of what has transpired.
It does appear now to have reduced that risk of further cash calls considerably. It certainly hasn’t been straight forward.
Does CB have a responsibility to ‘all’ shareholders ?
I would say no, not particularly. Certainly not toward the traders, but genuine investors will have ultimately benefitted yes, that believe in the company growth strategy and that have a longer term outlook and are willing to wait for an outcome for BR.
And have had the fortune to have significantly averaged down as part of any sensible investment strategy supported by improving company fundamentals.
Fully appreciate that this is not what most signed up for, but in this climate they had no choice but to go into semi care and maintenance mode that has also had an effect on share price.
Look at it this way, if an investor believed a £50m market cap was good value over a year ago after doing their research and DD then how much more value has been added since the current asset developments now with a £14m MC?