focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
LW, Ella, my apologies, and good to hear your side, all will come out in the wash, like yourself and several others here collecting for a few years now. I may talk about patience a lot seeing the obvious frustration among many that post. I believe that in holding is what will see us all come good in due cours, no hard feelings I hope.
ATB & GLA
Patience, time will tell, I take it you have spare cash again?
It seems the general malaise here, no news and downward drift on low volumes.
CB's "No news is good news", message still holds as I see it, lets say bad news, the rains and, drill rig stopping were enough for an RNS, and pod cast update for that matter, time to sit on hands, news will come one day, and I see price re-rating upwards the most likely scenario, Africa too has many fronts where news should be forthcoming soon.
GLA
He also said in an interview, he thought AA may have got it wrong drilling Footrot, and that we will drill there too, actually I gathered that other potential targets within concession would also be explored further.
Would also be good to see/hear who our new Geologists and logistics team are, there is a lot more to joining all these dots together than simply providing details of hole two Assays.
Some time in the garden looking possible today, so that is where I will go now.
GLA
If we are lucky, if there were no delays at asay lab then the hope mudt be thst all holes will be released together with survey and modelling...
And Mcap is only 42M, still a long way from Colin's aspiration to Midcap, 5x from here looks more and more achievable, I feel dilution is pretty well done with latest placing, we now look well funded into African cash flows and for the next leg up.
GLA
That GLR podcast, again said a lot for XTR, I particularly liked the Eureka small pit hope, (250,000 tons ore 3 year plan) now becoming large, and the >20% intersect being much higher and being cause to investigate further with deeper drilling, and that old pit probably never hit the main ore body.
We really are due some very tasty updates meantime i will play with meccano, crypto, or go for walks to pass the time...
Errm,
I really do not know where your numbers come from, if it cost 6283 usd to extract 1 ton of copper from 1 ton of copper ore, (100%?) then god help us? At 20% you need 5 tons of ore to get 1 ton copper at 2% 50 tons of ore etc, 250,000 tons of ore will give at say average grade 2%, 5,000 tons copper per year, which is $50 million minus costs, which in itself is a nice number, and should help fund everything else.
But by the RNS this morning, it looks like Eureka will be much much better than the 250k tons per year, three year requirement.
Wrong tree
Maybe we will be enlightened in the probable Eureks podcast
Just tried a small top up but not getting quotes hl nor ig, though can get quotes for any sell i tried
Hi CE, The share issue itself had a longer lead time, and to now I don't notice trading activity as with previous issues over the years, so do wonder whether more sticky fingers may involved, we may find out more next week.
There seems no real justification in issuing the warrants to me especially if they were purely for flipping purposes, and agree about placing itself being a bargain price, as I see 10p being surpassed and being well below the floor of what I see as level of next re-rate and once details of GM are known utilise my 8m votes as needed.
Hi CE, Fine here, been away a few days, fully intend to be at the AGM hopefully it can be a proper meeting, should be a few more attend this year, though it will likely be via team viewer or the like.
Hi Andrew, perfect for Ella's agenda that one, :)
Good things come to those who wait, but better things come to those who are patient.
But have they been collated, no time frame for that part?
And fair do's on Colin buying on market, and not taking the options, he could have had nearly 8M shares for the same money, triggering options.
I think someone would make a good opposition politician, those remarks were made in days when XTR was recovering, and he was doing what was necessary, at that time, and as a result we now have diversified into Zambia and Australia, the pain was necessary then, presented nice buying opportunities, and now we are where we are.
His comments now seem to be more along the lines of I don't know why the SP is where it is, and our shareholders are in a good position etc.
Make of it whatever suits your purpose, but this is an entirely different entity now compared to 2015/16/17/18/19.
Finjam, I believe putting in place 650k-1m+ a month income to further financing in Australia, is more than just a little bit useful, especially as several of the projects are just about to bloom, and though late may pay a fraction more than original estimations....
It takes time to collate, and you cannot really collate information data from just by a single hole, you need results of several holes, batch say, to do that.
Just read what Andrew said below, even Boris Johnston changes his mind, maybe after release he was advised a different approach would be better, but for now I agree we are in the dark, on all fronts.
All will be revealed at some point.