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Its all just waffle until we get a Rig Contract signed.

Look at these two sentences:

Company remains on target for civil engineering access and site works anticipated to commence in Q2, 2026

The civil engineering works required to enable the drill testing of this prospect remains on track for Q3, 2026

Nonsense!!!

Plus the Stockbox interview with Nick Tullock is due soon - probably today - so I'll include the link provided by mickey1122 yesterday.

https://x.com/StockBoxMedia/status/2031758515946053660

5.4p paid in the meantime - 4.4p to sell (for qty 50,000)

Yes, this is going better BUT I wish they would complete the acquisition of M3 Helium instead of just talking about it with the usual caveat. They could also have been on AIM ages ago if they just got on with it instead of just talking about it. And are they going to get any local funding for the new Rost well? or will they have to use their own cash?

And there is still a 42% spread slowing everything down which doesn't help.

The schedule is for a rig contract to be signed by the end of Q1 (end of March). I did think from the previous wording that the meeting was with the owners of the Minres Explorer rig but today's RNS says they are 'in discussions with Ensign Energy regarding its Ensign 970 rig'. It doesn't really matter which rig is contracted as long as it is done soon.

While the heading says 'Visible gold intersected' the pictures further down the RNS are headed 'visible gold grains' and compared to the size and width of the core they are almost microscopic. I think that too much excitement is probably a bit premature.

Perspnally I would assume that the Mining Licence can be approved and issued anytime now there are no outstanding objections. It doesn't need a meeting just the stamp of approval from the relevant office. We have been told "in the coming weeks" from 17th Feb.

No, £10M is XTR's m/cap. KEN's is just over £7.5M.

Mr Birdie owns 20% of Kendrick so he's had a good year so far .

Mr Birdie is busy with his Kendrick Resources these days. It's 10 bagged already this year and still has a m/cap of only £10M. A dream share that I wish I had come across at the start of the rise.

Https://audioboom.com/posts/8856431-midweek-takeaway-with-colin-bird-executive-chairman-of-xtract-resources-aim-xtr-xtr

This is still worth a listen, or a re-listen, despite being a month or more old as it deals extensively with both the Silverking mining plans as well as the antimony, which incidentally is present in high copper-style grades but valued currently at 3 times the price of even the fast-rising copper price.

Looking like the rise is going to continue - currently 1.195p to buy.

ATB

Quick question please - are we still heading for a maiden Mineral Resource Estimate for the Northern Zone project? and if so when is it due? Cheers in advance.

Underwritten gross £85m (net c.£78.9m) Firm Placing (96%), Placing and Open Offer (4%) at an Offer Price of 270 pence per New Ordinary Share (equivalent to a pre-Consolidation issue price of 1.35 pence per ordinary share).The new shares are worth 1.35p if that is any help and despite opening a lot higher I expect the share price will find its way to around that level.

Quick question please - are we still heading for a maiden Mineral Resource Estimate for the Northern Zone project? and if so when is it due? Cheers in advance.

17th Feb 2026: "We anticipate that the Mining Lease will be granted in the coming weeks, which will prove to be a major milestone for our Kalgoorlie Gold Project plans with MEGA Resources.

That is now 3 weeks ago so I would assume that the issuing of the Mining Lease is now imminent.

New RNS out today. Not showing on here. AEG are obviously not thinking that their business is likely to be affected negatively by the goings on in the Middle East.

https://www.investegate.co.uk/announcement/rns/active-energy-group--aeg/proposed-acquisition-of-ghummud-asset-/9465876

That's all right. I was going to ask what 500,000 scfd's was worth but now it turns out that it is only 50,000 scfd's. Fortunately the oil is still flowing at 195 bopd and that may well be on the increase. It looks like the new well - C-78 - may be a game changer for the gas.

5,802,720 - another sell from an earlier buy and this time they only held the share they had bought for £638.30 for 12 minutes before selling at £522.24 for a £116.06 loss. You couldn't make it up. Maybe bought in error. And all that while the share price is steadily ticking up.

3,233,057 - another sell from an earlier buy - albeit on £290's worth. Just needs some bigger buys to start going through - ie. in the £1000's and this will be racing up.

Another tick up. Slowly, slowly catchee .........

This really does need a consolidation - or for the share price to rise considerably - as buyers are a bit put off by the sheer number of shares that a relatively nominal sum of cash can buy. I certainly thought twice when I made my big purchase on opening - but then it was only £4K's worth.

Thought this would be rising more with the price of oil going up so quickly. After it is oil they are going to be drilling for.