Member Info for captainbob

Hi Ella, no, basically once a done deal and sold, those involved directly stand to lose the ones that brokered it, getting an agents fee, that bit gets percentage of that bit, it is a system to give reward to those that generate value for shareholders, nothing sinister, all open and transparent..

Takeaways.
1. The Incentive is to incentivise the guys on the ground in case, as said below, there is a sale, and they lose their jobs, hard graft deserves a reward, it is now on table, and approved, so no bickering down the line.
2. The placing in April was to ensure we have enough funds for phase 2, and a sweetner, that may bring 4m into our coffers, with unliked but necessary dilution, to turn round and vote them down would be to break a promise, again these people need to see value for their investment.
3. Chinese are hoping for 10kg gold a month from Boa esporansza.
4. Hopefully ph 2 will demonstrate 2mt without need for a phase 3, with the outlying drill holes teasing AA as to what there might be.
5. Following logic, system runs all the wsy to footrot 7 km SE.
6. More drilling to be done in Manica
7. Possible buy into fairbride to increase from 23 to 30%.
8. If loose change we will likely rework alluvials, which should completed by chinese next year.
9. Lots of small projects in Zambia require funding, buy ins 50/50 or 60/40 are being looked into, not going to commit big sums only from income.
10 it takes 22 minutes to walk to Euston from the pub next door, which left me 5 minutes to have a pee and find my seat.
It was good meeting those that were there, charles prickly et al

Will take a stroll round covent garden, anyone else around and about?

Chester station now

Who else is intending to go to AGM on Monday, I guess we can seek some further clarifications on a few matters, I would expect, hope we will get an update of sorts between now and then.

When did prospect ore buy it off AA, surely the 3 years is from then, not from when XTR bought prospect ore?

https://www.mining.com/charts-chinese-investment-in-overseas-copper-projects-just-beginning/

I asked HL, and they confirmed also asked if I wanted them to pre vote on the resolutions on my behalf, 7.7m votes to use as I wish

Thanks Charles, look forward to seeing you and Colin again too, I really never expected to get home, chance came completely out of the blue earlier today..

So disappointed not to be able to get home for 14th, but looks like will actually make the AGM on 25th, so I may, even a bit jet lagged, catch up with a few of you then.

Interesting he said, "every time we get a new Minealisation type" we are modeling it, I too am beginning to think this really can make the tier 1 size, from surface, which has to be good. Also he has mentioned strong and very strong mineralisation on some holes, the assays should hold some very nice surprises.

And lets get into thr new deposit, sounded like they were just waiting for the go ahead tonput new drill pads in place for that..

I read somewhere they just approved a doubling in size of an open pit coal mine extending life a further 20 years, Australia is cerainly a good place to be.

Interesting he said, "every time we get a new Minealisation type" we are modeling it, I too am beginning to think this really can make the tier 1 size, from surface, which has to be good. Also he has mentioned strong and very strong mineralisation on some holes, the assays should hold some very nice surprises.

And lets get into thr new deposit, sounded like they were just waiting for the go ahead tonput new drill pads in place for that..

I read somewhere they just approved a doubling in size of an open pit coal mine extending life a further 20 years, Australia is cerainly a good place to be.

Last couple of AGM I attended therer were very few shareholders present, will be interesting to see how many attend this year, always liked the otr discussions afterwards, will probably be good also.

Can someone ask, what the small open pit at Boa Esperanza is about, and ask for clarification what areas are being targetted for the alluvials, and which if any of these are being done by our 'boys', as that bit will give bigger return oz gold wise.

Once met Roger Moore in Dubrovnik, wearing bright red trousers and a frilly white shirt...

You need to put the Alluvials into perspective, firstly, covid and rainy season will as usual have affected things, and from podcast earlier in year he had only anticipated 1 kg a month, with three lots going, (or is it now 5?) During 2nd half things will likely inrease substantially as other years. Then add to that mini open pit at Boe Esperanza, Guy fawkes, even only 1-2 kg each a month, or 5 kg a month would not seem unreasonable, that would see $250k a month before Fairbride kicks in, not to mention the copper in Zambia. Small fry but hopefully it will be a case of under promising.

GLA

I look at a toblerone, 650 m deep 45 degree sides so 1300m wide, at least 3,000 m long, so a box
650x650x3,000x2.6x0.003/4.3
Or 2.3 million tons contained copper.

If I could, I certainly would attend, unfortunately I must miss the chance to meet those that can get there, and the opportunity for another chat with Colin. Unfortunately I find myself sailing in more tropical climes than normal, so missing the ice and polar bears, on what may be my last trip at sea before retirement.

It seems quite odd that XTR are not in the portfolio?

20 billion is be quite a lot anyway, and only i bit of the whole, mind blowing, upwards of 3 km long 650m deep, and what is in the second anomoly, why is the gold there, he really is a tease