Member Info for captainbob

Who ever they sell to, I feel sure there will be a Royalty clause also, any amount down to 0.75% being my understanding as a minimum with the AA buyback clause? So if resource does prove to be far bigger, long term there could be some steady income.

Imagine plant 100,000 tons a day ore processing, with 0.25% copper extracted, retaining the minimum 0.75% would give @ 500k income a month, that churning for 20 years, and at higher copper prices. That is basis the 2MT contained, and a single line of processing. These sort of 'district' deposits can however work several separate ore sources at once.

It would seem reasonable for Colin to negotiate some sort of (no cost to us) Royalty deal with any potential purchaser?

Any thoughts?

Imaging a cow, lying on its back, we are drilling 1 udder, and there are udder udders yet to be found, and then the sack full of copper and gold beneath, but it does sound like our floppy udder as anudder udder beside it.
Hopefully it is one big lucky cow.

The Alluvials have allowed Xtract to reduce dilution to a degree, it is only 1 fraction compared to the other projects in Manica Zambia, Covid and weather, Alluvials, against te hard rock deposits not yet producing, by end of year the comments regarding Africa from the nay sayers, may just be different.
GLA

Some I feel need to relax, resist looking at this bb, resist even more commenting, and come back in a few weeks time.

Results will appear when they do.
Objective discussion can then commence.
Till then it is guesswork, the core 'beautiful' or not.

No news is Good news.

Something like tomorrow, that never comes either.

The longer we wait the better, then it will be good news, judging by radio silence it is not bad news.

Hopefully we will get news on Manica too, if I was not mistaken Colin said that income streams from African projects should support this share price, even without bushranger and that we are very undervalued still.

As they hit it at 45 meters, things do look good a week on :)

This is not the first time either, doggy wag tail, overall trend is going in the right direction.

Some news on Guy Fawkes where some ore already going to the plant, thw other Manica peojects, and Eureka, where drilling depths are near surface should on their own merit give the SP a leg up, the ability to drill bushranger without further dilution will be extremely beneficial in terms of derisking the program and progress from here. Though I feel that last raise fast track some, and buy the time needed, but to see some hard figures will be better still.
I bought in on firm conviction for for African assets being a spur to mid cap, so Bushranger is a very sweet cherry on the top.
GLA

It would be nice to get some confirmation regarding Manica and Zambia, current situation report, current and projected income flows, as these will pave way to proving BR up without and need for any further funding..

Try listening to the last podcast, I think you may get better understanding of situation, certainly in mineralisation

Whenever I have met Colin he has come across as a warm and humble guy, who despite what others may say, think or believe, does want the best for the shareholders, and now you see his excitement, and it leads me to believe, he believes he may in xtr at least achieve this goal.
May his dream come true.
GLA

Beginning to think it will be pear shaped, a big enormous juicy Bartlet pear, an avocado pear may fit the bill better, requiring a Churchillian Cigar. (Pear shaped on this occasion is not a deramp, oh no, certainly not a deramp)

As they say 'a Bird in the hand, is worth two in the bush'
Plus we have foot rot, wonder what name he will come up with for that?

7.5m tight here too.

Gixxer,
To me if by stepping out by 200m and still finding a 500m intersect, that could suggest had they not done so the intersect may have been much bigger, and that yes it extends at least 200 m in that direction from first hole, defining volume ultimate shape being the goal?

There have been questions asked regarding funding, how we coukd finance mine etc., I think it is fair to suggest listening to the GGP podcast i see at top of the page here, as it gives a good idea of what is possible, with these types of assets, along with time scales, remembering alao we can expect to have income circa 1m month from other projects within the next few months.

https://m.youtube.com/watch?v=ac3RhaamyMM&feature=youtu.be

Davy,

A reminder please of your promise to shut up regarding XTR on ADVFN thread, and leave XTR billboards alone, you wear me down enough on a private chat, but this is now seriously over the top.

On behalf of everyone here STOP IT please.

Thank you

Bob

To all here, just ignore his crap on the other thread, he likes to play mind games, that is all it is.

Daily meanderings of price are only to be expected, when the proper news comes, the price will move accordingly, why is everyone so impatient?