Member Info for captainbob

We shall see on Saturday, he must talk about Manica though, too much going on.

On the production side of things, Sino are/were working the river, the rains will have a major impact going forward if Sino did not take the initiative and get their portable plant out of the way in time!
In my job we always look at the weather days ahead and take necessary precautions, question is did Sino?

Guys I think communications will be a problem, hopefully we will hear something, but the whole region is suffering very heavy rains.

NGUP, fully agree with all you say there.

Thanks for posting that, juicy one, guess that's how we can suddenly get them cheap, maybe very good for us indeed.
No Kat calling on this, I think Colin might just have pulled a blinder, of course he knows the tax situation so eill be looking for the bigger picture.

It will be interesting if Colin mentions this in three weeks from now.

I am here for the long haul, not looking for a quick buck, patience is very important.

As you please, get and see Colin yourself, try to talk to people on the ground, read between the lines. Plans have gone skew wiff rather a lot, but overall the necessary progress IS being made.

Not wishing to sound negative, but I heard somewhere that Omnia used some of the tail end of the HR plant for their own Alluvial plant, I believe it is that that needs replacing, installing so don't get your hopes up too much for immefiate HR production, as it could take a few months to get up and running, with comissioning, necessary tailings dams etc.

They will probably rework the tailiings at a later stage is my take on the pod cast remarks.

Good things come to those thst wait.

GLA

Fact is Q4 is just around the corner in the big world, Sino are for now working the river, the terraces have not been touched.
We are talking guyfawkes dots luck and fairbride hard rock, plus plenty of room for news elsewhere.

Looking very nice to me.

H50 will you be at investor show also this year, I believe we met there last year?

Good day CE, in XTR case "Shares Not in Public Hands" means, shares held by Directors, and people within the company. Also if any individual held over 10% of the shares they would also count as "Shares not in Public hands".

Good day CE it looks like LSE has mistakenly put the director buy in twice, when in fact he has only received once, try looking at the Xtract Resources web page, there only shows once? The Director dealing rns of 28 dec 2017 does not say he received them but only that yhey woukd be issued once it was approved and co was out if closed period.

The website looks in need of an update. Projects contractor agreements etc.

Investors show 4 weeks away we will have news in time for that at very latest. I plan to be there and will be asking a fewquestionsifthe answers have not arrived first.

Nice to see everyone enjoying their weekends, long time has passed with no posts, may this week bring a snippet of good news.

Hmm... progress is slow and steady, as I have said before, Moz, Omnia are entities that had contracts agreements but failed to deliver. Colin 9n other hand has now renegotiated sino to work more of the alluvials, we ate waiting to see whst they have achieved, no lie, just time. He promised to explore high leverage options surrounding moz, he has in my opinin found a good one in Zambia and from whst he days, there may be othrr opportunities also, low cost, low risk easy terms, a promice kept, hard rock we are guessing, your guess negative, and full of mis trust, mine rather more optomistic. I have a good holding, I am down on paper, I am around 60% down, but I gaveup being impatient a long long time ago, because I have great conviction tjat Colin does have the wherewithall to reap shareholder value in the mid to long term.
There is no point bashing on about it night andday it won't make any difference.

Actually if he has price sensitive info i think he is obliged to report it within a few days. Presumably then if he got new news regsrdng things he has already mooted in RNS's he would still be obliged to release it, hmm.... net entirely sure of the closed period thing.

LW it would seem Logical as they have plant in situ, ok it might have needed some bits replaced that they took to enhance their alluvial operation, and some big electric cables before finally ready to go, hopefully that is in hand, but to be honest I know no more than you regarding when it will finally spring into action, we can just hope that it will, otherwise I am pretty sure Sino would go for that too given half a chance.
I like reading between the lines, but if nothing has been heard will be asking Colin directly next month.
It would be nice if he gave a pod cast, but i th8nk after last weeks RNS he cannot release price sensitive news for 30 days?

GLA

Maybe Sino will be allowed to do Fairbride, but only taking the easiest to extract gold, cheaper quicker option, faster income, an option they had proposed, Colin however preferring to try to aim at full extraction, with more sophisticated plant.
Just a thought as also at the time they wanted more of the alluvial action too.

Imagine effect on SP if he tried buying 10 million shares on open market, to do that there is no positive financial gain for the company, however if they have to buy new shares then one way or other the company will gain, of course the price also needs to rise, and the more it does, the more they can gain, us share holders too would gain from that too.
It therefore puts onus on them to deliver. To simply buy when price at nadir, would ultimately be less beneficial to company and therefore us?
Hypothetically if they now push SP up to 5p and exercise all their options in lieu of wages, would you begrudge them the benefit?
Personally I do not see it as a bad thing in any way.
Lets see what can now be achieved, the potential is massive compared to current MCAP.

So you did, somehow I missed your post. I feel Zambia is a good move considering what sits nearby lets see what happens next.