Member Info for Andrew4444

"Why would you go through that when there is a clear alternative"

Because there is not a clear alternative and you believe the travel pain will be worth it in the end when you get to your destination?

When CB sold manica you were very critical of him. If anyone asked you why are you still invested in a company when you disagree with the CEO's strategic plan, I am sure you would have said you are looking at the big picture.

It appears you are allowed to be critical of CB and still think its worth being invested here, but others can't.

JDAU

Yes, we have had the conversation before and I only repeat it because you still don't understand that two things can be true at the same time. Sorry if you think that's offensive.

Nothing you have said in your post changes the fact that many may agree with the potential here but are not happy with CB's management style .

I'll give you you an analogy to simplify it. The passenger can be confident the driver will take them to the right destination eventually but is not happy about the convoluted route they are taking , the many dead ends they keep driving down, the slow speed or many stops.

Sorry but I can't explain it any simpler than that.

JDAU

I've never understood why you can't grasp a simple concept that two things can be true at the same time.

1. There is potential here and a reasonable chance that sp will go higher over next 12 months so many are still invested.

2. Many are very p off with CB's constant missed time lines or production forward guidance, hence they are annoyed with CB.

Honestly JDAU, it really isn't that difficult to understand.

Https://www.youtube.com/watch?v=YC4R8VbMkEs

XTR 56m 40 secs

In short, CB says its all going great :)

Q. Do you anticipate you will have Antimony and Copper concentrate by the end of the year?

A. CB. YES. A lot will have to go wrong for us not to meet those two objectives.

It's pleasing to know that not a lot has ever gone wrong with meeting CB's objectives in the past, so I'm sure nothing will go wrong re meeting those two objectives by end of the year :)

If CB wants to stop all the criticism and judgement he needs to stop the talk and now simply deliver.

I've said many times over the years, CB doesnt seem to realise that the short term benefit of giving an optimistic forward guidance is paid for, with interest, when he fails to deliver. Its not just disappointing and frustrating for shareholders , its counter productive in the medium to long term and not the way to run a business.

I wonder where the sp would be now if the delivery had been the same over the last 6 years but the forward guidance had not been so misaligned from reality?

I really hope Martyn Churchhouse has leant this lesson when he takes over Exec control, in probably 2 years or less. (Hopefully less).

"We are now going to find out whether Colin can adhere to basic principles of Corporate Governance in a public company and deliver to timelines."

Yes, I wonder what the answer will be? :)

"I strongly believe GDR gets NICE approval for both tests and national NHS funding through a “single GMS” pathway by July 2027, this is all about patience."

"EC , Come back in 2027 or 28 for your 2p."

If the first statement is correct, then the second statement re sp wont be. 5p min .

I agree this product is all about patience ...and also patients :)

IMHO

Https://www.lse.co.uk/rns/XTR/silverking-mining-licence-joint-venture-n9riurrufnawgqm.html

3 Feb RNS

"The operation is within three months of production commencement and thereafter ramp up."

As stated in the RNS and unequivocally a few times in pod casts by CB, production will be within 3 months of 3 Feb.

Just sit tight and wait for the RNS in next 10 days confirming production has started. As stated in Pod cast and in RNS

I mean, what could possibly go wrong ...............

Slacker

If you think that, and you maybe right, why are you still here?

Are you so clairvoyant and altruistic that you feel the need to constantly inform random strangers of their impending doom?

Or do you have another motivation and objective?

Hmm? I wonder which one it is?

We are still back to the same question. Will funds run out before income, in reasonable levels, starts to come in?

I am slowly increasing my holding on the dibs but will not be going in heavily until I believe the crossover of income v expenditure will occur.

This is still high risk imho as time lines could slip and then its another raise to give us more time

GLA

I don't think we will get any news for a couple of months and that news will be, something like, "we are nearing production". I'm still sticking by my Q4 timescale for actual production to start.

I suspect my scepticism of the "May production start time" stated by CB is going to be proved correct..... again.

"Just trying to offer a more tangible reason to be more confident in their timeframe than just ‘because of legacy issues"

HZ

I guess this is where many differ with you. Your view seems to be that just because CB has failed in meeting his own timescales say 20 times out of the last 20, that is no reason to think he wont meet his 21st timescale.

That's your right to have that view but I suspect many think its much more likely that things wont be different for number 21 timescale.

You clearly have a head on your shoulders and as a LTH I honestly don't know if you really think things will be different or are just holding on to the hope that things will be different this time?

I hope your view is right. We'll see in a few months.

"so may be SK will be in production later then Q4 2027 "

correction

"so may be SK will be in production later then Q4 2026 "

HZ

"Is the basis of your expected time for first production , particularly so for SK from CB’s past performances "

YES !!

I now always ask myself two questions with any of CB's projects.

1. Is it likely to happen?

2. If so, when is it realistically likely to happen?

For SK I see no reason why the mine will not go into production. There is too much info to assume it will now fail so the next question is when is it realistically likely to happen. All previous timescales have failed to occur when CB said they would and its therefore sensible to add on 6 months (at least) to any of CB's time scale, so hence my Q4 prediction. That may not be very scientific but I think 6 months + is much more likely to be more accurate then going with the official timescale. I've said many times before that my supposed pessimistic timescales have often, later on, proved to be very optimistic so may be SK will be in production later then Q4 2027. No doubt CB can fined many excuses to explain why there has been delays ie War, interest rates, rain, two many spotted red breasted eagles nesting in the area etc

I'm still not 100% convinced about point 1 re antinomy mine. Maybe 75% convinced it will happen. The timescale is more unpredictable with a wide window imho of q1 to q4 2027 so I'll go in the middle of q2 2027.

If both mines are in production this year, as per current timescales then you are more than welcome to remind me of my ridiculous pessimistic view as I suspect my current 14.1M holding (soon to be 15M after new ISA allowance ) will be worth a lot more by end of the year than it is now !

And if this does hit 3p, 5p, 7p, I wont be forgiving CB for his utter BS and misguided forward guidance over the many years. His BS (10p and they can stick it) stopped me selling and making a substantial amount of money when this was 6P+. I was a fool to trust him then so I will not be making the same mistake again.

HZ

I think you can believe what is an RNS more so than what is said in the interviews - but I don't believe aspirations that are stated in an RNS

"Let’s wait to see if the language changes in the upcoming full year report to give any kind of indication of their plans."

I wouldn't give any credence to the language that is uses as we have seen countless times that what is written or said never matches reality.

I will only be interested in the actual results, delivery and performance.

I'm expecting SK to be in production by Q4 and not in June as implied. Antinomy production by mid 2027.

The potential here is looking good but I doubt the pathway will be anything like the company forward guidance. Lets hope the potential does turn into reality and not fade away like so many other projects.

"I don't think I'm going to get my sub 0.8p top up next week.."

Likewise. I had plans of 900K top up with new ISA allowance.

That said, I am hearing that the manica money has now stopped and that silver king will be delayed by a year so it could be a good idea for many to sell all their holding now :)

MIKODX

I'm not too sure what motivated that snidy comment.

All I have done is just cut and pasted what you actually posted. I can't be held responsible if you did not correctly explain your view in the first place and forgot to mention that you were only referring to LTH rather than relatively new investors.

You said you have been invested here a long time, so I'm sorry for you loss here. I hope you do better with your other investments.

I think it best we leave it there.

All the best

Baznick

Agreed. And I have already made this point a month ago.

>>>>>>>>>>>>>>>>>>>>>>>>>>

"For people just coming onboard, they have a real good opportunity of getting a great return on their investments."

If anyone thinks that, then why not invest now, irrespective of what they maybe down from any previous investment??

Surely they could ameliorate their loses or even turn the loss into a profit?

The past is the past.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

I didn't mention that to MIKODX as he may have thought I was just being provocative and disagreeable for the sake of it.

Btw, I don't think this will go above 10p for what its worth.

3p to 8p would by my analysis. So I guess I'm saying I think this will 3 to 8 bag ...which will do me and the reason why I see this as a good investment at this price.

We;ll see.