Member Info for CaveatEmptor

Many thanks for the 'recommend, Colin. I'll take that as a 'yes' then...

Even allowing for CB's vagaries and over-optimistic time scales we should hear news this week on the pending contract and the additional income expected from them. Otherwise the chances of realising significant additional income by the end of Q3 will be severely compromised.
Please, CB, keep your eye in the ball for a change and just make it happen. Apart from anything else it would do wonders for market sentiment and would help to kick-start a significant re-rate in the SP, IMO - which could only be good for all concerned.

If you are reading this board, Colin, the time is ripe...

Hello H5O,

I guess that many people think that with the current POG even a half-wit could make money out of a gold mine?

Hang on a minute though, things may not be that simple - after all, CB is involved...

LSE really doesn't likthat name!

Ignore the gaps:

sh are proph ets

'*************' to replace the *s

It makes more sense when copied in full:

https://www.*************.com/views/49804/july-18-mineprophets-online-conference-book-your-seat-now

Plus there will be up to 20 listed PLCs presenting at CEO level. Each CEO will present, be grilled by Tom Winnifrith and has agreed to spend two hours on July 18 in a chatroom dedicated to his or her company. You want to quiz the CEOs in a very public forum where they can’t hide? Now is your unique chance. Among those PLCs presenting are:

Cora Gold, Kefi Minerals, Red Rock Resources, Jubilee Metals, Bezant Resources, Xtract Resources, Galileo Resources, Fox Marble, BlueBird Merchant Ventures, Ferro Alloy Resources

You can buy your ticket for a unique chance to quiz the mining bosses for just £2.99 HERE

I think he must be:

"Cora Gold, Kefi Minerals, Red Rock Resources, Jubilee Metals, Bezant Resources, Xtract Resources, Galileo Resources, Fox Marble, BlueBird Merchant Ventures, Ferro Alloy Resources

You can buy your ticket for a unique chance to quiz the mining bosses for just £2.99 HERE"

Do you think CB has planned the TW interview to discuss the detail of the new contracts that he mentioned were about to be signed in his last interview?

Well, its 1.2566p to buy even small quantities of shares at the moment so there's a good chance of another tick-up before close...

Without any income between now and then, yes, I think the CIB would start to run out around then. But with current alluvial production and the two new streams of revenue due to come on board by the end of September, I think the risk is minimal - I only mentioned it for the sake of balance in my post.

Incidentley, great to see such a rush to buy XTR now that the POG has broken the $1,800 threshold ...not!

I would think that the new contractors will be champing at the bit to get production started with the current POG so the next main SP mover will be news of the award of the new contracts IMO - should be any day now...

I am working on the assumption, gleaned from recent podcasts etc, that we should have a relatively stable monthly income of $400,000 per month from November onward. If this does not happen then I will start to become uncomfortable as cash will start to run out, but until then I have the patience to sit on my hands and wait - that sort of income should see the SP up to around 2.5p-3.0p so IMO it is worth giving CB his head and seeing where we get to...

Hello H5O.

Hope you are well

CB told me we got about $500,000 from the alluvials and about $90,000 worth of gold accumulated on site when we spoke a month or so ago, so that will keep us going for a while - also production will be better now that it is back to full capacity and POG is on a spike so I am content to accept CB's word that there will be no fundraising for the foreseeable future.

Of course, I could be wrong...

I guess the most pertinent thing said was that we will have three sources of significant income within 2-3 months from Manica - 2 x Alluvial operations and the free milling. Both new contracts in advanced stages of negotiation and about to be awarded.
Income from all three sources of production will be "much better" than at present.

Big delays on Moz border, even though theoretically open to commercial traffic - If equipment can be delivered by September then production before year-end.

Once Manica is up and running then focus will be 100% on the copper plays...

It will be good to get more details of the new Manica contracts, and hopefully confirmation that they have been signed, in early July.

I have registered, am at work today so will have to see if i can make the time - but i certainly hope to tune in...

Will anybody be tuning in this afternoon?

See latest research note, posted earlier this morning... Says it all, really!

I noticed that the Bid appeared to steadily increase to 3p during the 10 minute auction prior to close of play yesterday, then stayed there for the last 5 minutes or so of trading. This being the case, a gap-up is indicated at opening today. We shall see...

With a 117% increase today it would not seem unreasonable to expect another 50% tomorrow, and as the 4.5P that would result , it will still be well below the predicted 5.5p value of the RNS - so also plenty to go for on Wednesday.

Alternatively the price could collapse and return to 1p - however that would seem to be much less likely...

2.85p close - so ending on a high...

Price monitoring extensions needed for the MMs to sort out their books - should be good for the SP...