London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I don't understand, all these people bulling up this company? I've been in this share for years and look where the share price is?? What on earth is happening? I used to read a guy called Iceburg who was a very clever guy who said this was going to fly, so who can tell me what's going on.
Pedro surely being a long term invester by your own admission, you should understand AIM start up companies and how they function. Particulary in mining exploration. The race is still running and not over yet. Either your ticket comes in or you bin it. Decisions have not been finalised, the risk / stakes are very high and the share price will remain depressed up until negotiations have concluded either way. Market will not gain confidence until this has been done. I'm afraid that maybe you should consider something a little safer as going by your comment, it seems you may have over exposed your investment if you can call it that. All being said there are expectations of fruition in more than one asset. Therefore we are in with a chance. Big risk big gains or big losses. Better odds than the lottery.
Hang in there as i would hazard a guess that you are holding onto big losses on paper like the rest of us. Lifes a risk bud
The ups and downs are typical of exploration mining co in Aim.
I think this could miror SolGold volatility . A few years ago the sp 10 bagged over a year on a good discovery. It then went down by 90% over the next 18 months as many had started to realise that the time scales were going to be longer than they thought - so many sold.
Over the next 12 to 18 months the sp 15 bagged as progressed was made and the end game became more realistic and nearer.
The fundamentals of Xtract havnt changed but the anticipated time lines have changed , which explains why many may have sold. We may need to wait another year before there is a buy out but i expect the sp to start to rise in Q2 as we start to get more news and clarity.
Whether it stops rising at 8p or 10p or 20p or even 30p is another question :)
Pedro - If you wish to get up to speed on the company's strategy, you would be better off spending your time reading the most recent company RNS releases, rather than relying on opinions from anonymous posters on here. The company's strategy is quite clearly outlined in the last couple of updates.
As for Iceberg, I've not noticed them post for a while. I'm not sure they were as clever as you make out though. I have nothing against this particular poster, but their standard of written English wasn't great, which is always a red flag for me. You know, simple things like not knowing which there/their/they're to use, and the like.
What I like about this stock is we have potential top ten copper mine in low risk jurisdiction easily accessible and have income coming in as well from gold. Copper is and will be in even more demand so just a matter of when not if a deal is done
"which there/their/they're to use, and the like." oh come on, I think you need to readdress how you assign intelligence; for one if you use this site via your phone it's awful, adverts everywhere, very hard to check what your auto correct has deemed the best fit. I would judge more on how accurate someone has been with predictions and at this point he has been better than most but we won't know until the song is sung
Agreed - It's been uncanny at times how close Iceberg has been with his predictions re:RC - I think most on this board hold him/his knowledge of porphyry systems in high regard.
Agree with that totally gixxer, personally his commenting has given me the direction in which to steer my own research to substantiate and further understand.
OK, it was just an observation. I note what you say and it wasn't my intention to cause offence. I don't deny that Iceberg has been an enthusiastic poster. Even caught the attention of CB, who name-dropped them in one of his interviews.
Thanks all for your comments, I agree with what you are all saying, just a little frustrated with the current position, I have been in Solgold , Savannah resources etc etc for years they all just seem the same , I will be holding.
16k buy gone through?
1.8p is a rather good price IMHO!
1.8p is a rather good price IMHO
Not when yer average is over 5p
Mrs S has been concerning herself once again with my apparent risky investment strategy of having all our capital in just the one company. I have no doubt time after time tried to give my reasoning and reassurance that although we are sitting on a paper loss at present, it’s nothing to worry about and am very confident that Xtract will come good.
Unfortunately, she is not having any of it, saying that it is not a good strategy and insisting I diversify or find an alternative!
Julie 36 from Salisbury looks alright.
"I would not sell at these levels. There is no downside"
Really Pinocchio? No downside?
A month ago you said....
"believe me but I am not going to say why !! You can speculate if you wish. It is really very sad. If you only knew CB and what will happen in 2023".
howezap... that was a classic!
I'm not quite a one-trick-investment-pony but no far off it and getting similar grief. You may you have some love interest competition for Julie in Salisbury!
>>> I will match of course ( and can be verified)
That’s ok Pinocchio we believe you, there’s no need to bother your mum. Grow up!
Pinnoc
The context of your original post a month ago was that something bad was going to happen but now you seem to think the opposite and there is no downside.
My point is that you have changed your view not that your current view us now is wrong.
You've obviously just bought in.
If only a bulletin board was a get together in a pub. certain posters would not return for the second get together.
pin-nose, when's easter ?
Hey Pinocchio I can see retrospectively, that you were actually being positive all along. I too maybe, wrongly felt you were being negative before. We are all with you in hoping the share price will see some recovery by Easter. Certainly with the economic assessment of BR before then along with anticipated increased revenue from Africa.
It’s posts like this one you made in Dec that plants a seed of doubt.
>>> 'Ive run the Fairbride figures through my super spreadsheet and I've calculate income will be £3.86p a month at $2000 POG.
Although was no doubt with a previous poster in mind that sold up and trashed the company, sarcasm rarely comes across on a BB.
So an overdue ‘welcome’ to the xtract board .
gnocci , lol, yes i know what it is , what i asked was when it is ? ;)
thats ok then, i saw some chocolate bunnies in the shop earlier and thought i was in danger of missing something , ;)
News waiting on…..
Updated conceptual mining study with economic evaluation.
Potential, and or hopeful news……
A firm JV agreement announced for small scale Chongwe mining project where there were positive findings from earlier trial mining with surplus cash flow over cost. Earlier work was more exploratory than a deal, to see if potential existed and any benefits could be shared with the project owners.
(Courtesy Andmillsy email response from company)
At the newly acquired Kakuyu mine JV, ‘results,’ of geochemical surveys and mapping across the license conducted by exploration teams that are currently if still on site. Also any follow up news of drill testing program of any targets identified expected early in ‘23.
Confirmation that mining has commenced at Kakuyu
Further JV’s for small scale mining opportunities in accordance with the companies ongoing strategy.
Eureka- any further developments on the project or wether or not the relationship with JV partner KPZ has soured after Kalengwa being binned.
Back in late ‘20 there was a reported dispute of legal ownership of the kalengwa license but was debunked by the company. Following this though, there has only been the follow up of results of earlier reconnaissance drilling 29/03/21. But then saw no further developments ‘reported’ on ground after that.
Coincidence?
Sounds a bit iffy and quite honestly IMO more plausible than to go through a period beforehand of their due diligence process to decide to exercise their option to enter into the agreement for kalengwa in the first place. You would think haulage costings and power to site capabilities would be paramount importance. (Ultimately the reason CB commented on as reasons for withdrawing.)
https://www.lse.co.uk/rns/XTR/comment-regarding-zambia-media-reports-ydfyagthppx9udd.html
Any thoughts or comments?
Imagine being a new investor having a look at xtr, then arriving at the company website and trying to work your way through the projects to find out that the listings are so out of date it's ridiculous , then just deciding to give it a miss 'cos it's easier . :(
And then finding out there's a mining journalist and media expert on the board of directors !?