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I guess you havnt heard of XRP then
Soon to be the new financial currency for all transactions
Their ODL on demand liquidity eliminates all banks to hold funds all around the world tied up and XRP is used to satisfy all transactions it has more use case than many stocks and shares and has been compared to getting into google when it was at its infancy and without doubt will become the new world currency for transactions, unfortunately the banks and the SEC in the US are trying to delay the inevitable with a court case but when that is concluded mark my words XRP will exsplode, watch and see the outcome. But not financial advice !
Looking at the movement of most stocks it’s painful watching the movement I tend to look every few days and nothing hardly moves and if it does it’s rarely more than a few percent
And yet I trade crypto as well and can make 30 to 40 percent
In a couple of days which isn’t unusual I just wish I could trade crypto through my sipp which you cannot but if you could I would dump all these and just trade crypto far better returns and this is why pensions are in trouble because there is not a lot of opportunities out there with stocks to make decent returns and it’s only getting worse crypto all the way hopefully one day , have held xtr for years and made more on crypto than with AIM stocks but sipp regulations need to change .
I would say a placement has been done at 4 p let’s see if I’m right might take a few weeks to come through so it doesn’t look too suspicious the price riseing for no aparant reason so sit and wait and we shal see.
Strange how RP mentioned raising funds and hey presto the price jumps I would be very cautious here as it’s typical to inflate the price when you want to get a placeing raised the timeing seems perfect ,
From listening to the Sunday roast podcast Colin clearly said there will be plenty of News flow comeing out for AFP regarding drills assays and progress but disappointing that we are nearing February and heard nothing what is going on please Colin .
Your completely wrong there I had high hopes and was in for the long term with a substantial 5 figure investment until I lost all trust in the management, so I wouldn’t go makeing assumptions like that , and I lost a lot of money here but like I say I do believe this could come good but not with the present management and will even purchase more when it hits 1p as I might be able to recoup some loses at that price as then the only way is up
I feel the magic number is 1.7 mt of contained copper to get the interest of a major 1.3 currently is still great but a fair way of 2 mt contained hopefully phase 3 should get us up to the required amount to trigger the AA option we must not forget Colin has close ties with 2 majors allready 1) Sandfire and the secondly first quantum minerals I’m sure especially Sandfire who operate allready in Australia would be very interested in purchasing this Copper discovery Xtract has even at the current Number of 1.3 mt contained knowing that could seriously increase with phase 3
With racecourse and ascot nearly at 1.4 mt of copper
Present and Zambia comeing on line shortly
And fairbride possibly bringing in 3 to 4 million a year to Xtract why would you just purchase racecourse, you would simply purchase Xtract the income from fairbride and Zambia will give whoever purchased Xtract almost a free ride for the Australia assets , but that is my worry now as the price is so cheap possibility a hostile takeover at this price couldn’t be counted out but look at what they would be getting
Fairbride income
Zambia income (shortly)
Australia racecourse and ascot income ,possibly open pit
And the market cap is a silly 16 million
Very cleverly worded as he wouldn’t say we havnt made any real discovery, instead he just dangles the carot of hope for long suffering investors and he mentioned 7 years it took Newcrest so maybe that’s his timeliness as well for a successful discovery the seed has been planted 7 years it is then for a nice yearly salary and warrants and bonuses
Luvly jubly Del
This time next year we will all be millionaires I mean skint !
Let’s hope Colin can fast track this to production it’s all very well saying how short the world is for copper but unless you produce it I’m afraid it all means nothing catching a cycle is what we do not want to miss months go by then years then that opportunity disappears.
Yes he just just needs to assure people that Xtract can self support operations now as this is why people are reluctant to invest let’s get the Zambia mine up and running and with 2 income streams from fairbride and Zambia let’s then get the open pit in Australia going 3 great income streams and we’re up up and away and flying
I don’t believe a placeing is comeing my gut feeling is the new copper mine Xtract has in Zambia is now operational and reading the RNS it is funded with cash from ongoing projects so no placement needed so all exciting and Xtract will be a copper producer
1daymaybe are you sure your not RP in disguise here
After that presentation you still think this is a good investment,you have something in common with Jim Crammer as they say do the complete opposite of whatever he’s recommending.