The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yesterday RNS says "The Company has received the final draft of a revised mineral resource statement in relation to the Hope and Gorob project from Addison Mining Services and is working with Addison Mining Services on an announcement regarding the revised mineral resource statement which it anticipates announcing shortly." So something coming 'shortly'
Query, but the Bushranger resource and CuEq has not taken into account Molybedenum as I read it. Was there any indication of how much there is in Racecourse and Bushranger? Noting that price of this has doubled since Nov and sits I believe at around 70k dollar a tonne. Moly typically associated with Cu porphyries. Is there value also still to be attributed to this? DYOR.
I am invested here and underwater. Not as big as some. My observation is that I am surprised a single poster can bring down the share price so much. To me some of this drop has to clearly reflect poor market and investor sentiment already in XTR and CB promises and the potted history of XTR ( my holding goes back many years as far as oil exploration and false dawns there too). Recent comments by Steve simply spooked what was already weakish sentiment. However I remain invested here for what I see as the potential and reflecting real world demand for copper. I think the assets XTR will eventually drive the right share price and investor confidence, but it needs more balanced messaging by CB. Also independent economic verification and of course that's what they are now preparing. So sitting here and will see the outcome good or bad. My risk and my decision only.
Interesting take on the week by Zak Mir and that the interview with RP was a humdinger. Suggestion that investors have missed the bigger picture on the obvious demand for acreage in this part of Australia which could be positive for WSBN and investors too focused on any timing for assays which will come when they come. Interesting times but DYOR.
As an investor I don't post often, but amazes me how much a post can say about a person and their values. I want to make some money, but I have no intention of just trying to talk a share down for the sake of it or because somehow it makes me feel superior or can say told you so. It's not who I am and glad for it. I see many posters who I can see similar decent values as my own. Many others the opposite with their insincere posts. Look in a mirror, step back and just think for a second
Market down copper up, all sentiment due to Russia crisis. The west won't want to be dragged into military war but heavy sanctions will trigger economic war and need for Europe to adjust to less reliance on Russian gas. Significant as Europe will need to speed up green energy and energy storage (fuel cell) likely hiking further pressure on metal prices like copper and other metals like manganese in my opinion. So no one wants war and no one wants to lives destroyed. But a significant event likely to change attitudes to gas reliance on the west and trigger upwards demand for copper and metals significant to the Western economy. Imho
Steve4077 - agree. Guilty but I couldn't resist.
I have to say that I've been invested in XTR since the old days of drilling for oil. Such progress since but I feel like XTR is the pupil in the school who has been naughty, made plenty of mistakes and now trying to show that they have changed. XTR has landed some great news and some major finds, but the teacher (market) won't give the A grade until they are sure the pupil has changed. It's going to come and XTR 'sum of all parts' is significantly greater than current market value imho. We just need XTR to keep increasing the overall resource, be transparent in communication and the market will catch up.
Thisgoesdownigo - on another share post you said you were going on a cruise the day before yesterday! Did you really miss the boat like you did with XTR? Poor you, may be you should go and see if it's still there? Apparently the captain is looking for a missing 'anchor'. I think he said that or someone who missed the boat Thisgoesdownigo
Thisgoesdownigo - why don't you follow what your posting name goes by?
I am sorry to see that covid has again caught up with you having more time to work from home. I appreciate that children's parties no longer need you to bend balloons into funny shapes or you to wear big funny shoes and make up. Don't worry, times will get better and you'll be able to get back to that job you were clearly born to do.
Meepmeep - there is a filter tab and you can select the person to remove from viewing.
You'll see from my posting I am more a watcher than poster - but occasionally you get fed up reading rubbish when we have all invested money and wish to see a return for different reasons - e.g. put something in the piggy bank for my children etc. Lot of very selfish posters out there.
Thisgoesdownigo - no body wants to hear this so I have reported. The XTR forum is largely good natured and informative. Telling other investors they are Muppets and other derogatory comments is not something I want to read. I could filter but think actually you should be reported. I want to read informative comments based on facts or opinion, not dribble.
I'm a long term holder and well down (90p average). I think the drop is probably sentiment now about Chinese intent to be carbon neutral 2060 and limit coal from outside China. Tanzania likely to lose out on this. Frustrating as Edenville too slow. Will I get my investment back? Don't know.
Hi Jezzoo I've been in since Xtract Energy days and seen lots of up and downs. I like the way CB talks very knowledgeable. To get this wrong would challenge his own credibility.
Am I nervous? Yes. Will things go in a straight line? No. Is this the best position we've been in since I invested? I would say yes.