RE: Bushranger- Icing on the cake or elephant in the room16 Mar 2025 04:45
Thing is, if you need copper in your portfolio, Bushranger has a good amount easily accessible, to cover capex, with a large amount to grind on into the future, 1.3 million tons, with proven porferies adjacent. And as a major, or progressive mid cap company, you may wish to add to your portfolio in advance of price rises, and get the project moving towards production, look at Newcrest's Cadia, (some 50 miles from Bushranger), how big that is.
Then there are the several, licences in Zambia that are as we write being progressed, 5 in north foreland, silver king, and the dumps that we have been told about. Any number of these can produce, nice little (not so little) deposits to sell on, or possibly more importantly, Silver King, Kakuya, that are aparrently joined, geological, that can get into production very easily quickly.
For that matter there could be news on other long "forgotten", licences.
Then there is Morocco.
After this past 5 years, the (by some much moaned at), expansions, there is potential between the above, to get a very nice series of RNS's lined up, and see income streams finally materialise.
And the whole, as it rolls out, drip fed via RNS, and other PR, eclipse the bushranger rise, which itself, can easily pop back into prominence as the SP rises.
I am not sure there are very many, AIM, companies around that sit with MCap, where ours is, with cash flow to progress quite so many projects, with potential for increased income flow short term, to push most of not all ahead and earn our buy ins, to increase our stakes.
It does look like finally the ground has been set for a nice long line of "ugly ducklings" to become swans, a bird, to fly high, in the blue skies, over Yorkshire, and far beyond.
2025 could be a very interesting year to be in XTR...