Member Info for CaveatEmptor

Sorry, should read $3,600,000 - too many zeros.

.

Assuming 80% of zinc in ground will end up in concentrate, I make that a low ball figure of $36,000,000 to XTR over LOM.

Not a bad deal IMO.

This is how CB grew XTR with minimal dilution compared to many AIM companies - get a small but significant ongoing income for zero cost to help fund ongoing projects.
I doubt the SP will stay at the current level for long.

Hello Ella,
I am not sure that any individual shareholder is in any position to 'require' or 'expect' the company to do anything, particularly if, by complying, it may be detrimental to the interests of the company and the majority of its shareholders?

Hello Ella,

How does that equate to CB's statement in his interview of Feb 6th that a 'perfect model' was due to be finalised after about 6 weeks using the new drill data?

That would put publication of the 'perfect model' around the end of March/ early April allowing for the inevitable covid delays...

I have to say that I am quite enjoying the calm before the storm, this has always been the time in a share cycle that i concentrate on accumulation at a leisurely rate - and this is no exception.
Once it is announced that we are in production and will actually be earning hard cash I think I may have to switch off for a few days because it will be a full time job just keeping up with the posts on this BB.
- Although I may not be able to contain myself when we break 3p!

Agreed, MFM

With our current market cap it only takes one of our projects to take off in order to give a significant increase in SP - so the odds are certainly on our side...

Many thanks for the re-post, JDAU

You can never get too much of a good thing...

Sounds like the earlier interview to me?

Hello Andrew,

Does your calculation allow for the fact that there will be an 80% buyout and that we will then be responsible for 20% of the capex?

7.5p close - sounds fair, based on the day's trading.

Can we have some assay results this week, please Colin?

Many thanks, ATB.

Hole 1 was down plunge so should theoretically pass through all the intersections - so should representative of the overall grades achievable...

Those first lab assays are so close now, i can smell them... I was also listening carefully during the interview :-)

Snap JDAU! LOL

Almost 2 Australian Dollars to the Pound...

Don't forget there were a lot of AA drills too. From memory, AA proved up 1,000m strike length. We found over 900m down-plunge and the width is currently proving to be there or there abouts - so with strike open to length and depth, Colin will not be far off with his simple cube model...

Hello News,

Live Cu price is $9,195 - Businees Insider is a rubbish pricing site - try DailyFX - they show live trades.

I don't think he would have mentioned specific values for the Cu equivalent grades if he hadn't had some advance information on the imminent lab assay results. I think he knows the grades are safe!

We will see...

Sounds to me that we have now proven up enough copper mineralisation to get us over the winning line and whatever else we find - including gold - will be bonus.

This might just be world-class...

https://audioboom.com/posts/7813573-colin-bird-executive-chairman-xtract-resources-plc-xtr-l-interview