Member Info for CRK22

Topped up 25k shares at 5.84p today but it’s showing red. Just interesting is all. Spread a little tight for them to be getting it right I guess

Worth questioning whether POC used in any calculation of value would be mitigated by the spiking energy costs used to transform the metal from its ore to final sellable product ie a portion of the final POC is attributable to efforts downstream of what Xtr would be selling.

I have no idea how this would be accounted for if at all

I guess it would depend on what entity is stated as the beneficial owner of the licenses in question. If that is prospectore then sale of that entity would transfer beneficial ownership of the licenses in question so XTR buy a company, sell it for more and work out the tax. Thats not a profit generated within an Australian tax jurisdiction as such imo, when the copper is mined then that's another issue as royalties etc would apply and conditions of exploitation may inlude requirement for the miner to be registered within Australian tax jurisdiction.

I wonder whether any majors are looking to build a presence in Aus, maybe even in the process of listing there....

Hmmn, interesting things to consider within the bigger picture

nice thread guys and gals

george, I've been looking at daily volumes as % of daily average volumes since april (column 2), column three is a 5 day rolling average of that . Data below

May be useless in predicting anything but charting column 3 shows a graph of higher highs and higher lows on volume as described. Only looked from April in order to prevent massive skews from January ie gave it some settling time to a 3.6p low before trying to gauge uptick FWII
DATE
19/08/2021 18%
20/08/2021 90%
23/08/2021 40%
24/08/2021 114%
25/08/2021 129%
26/08/2021 157% 106%
27/08/2021 103% 109%
31/08/2021 62% 113%
01/09/2021 48% 100%
02/09/2021 36% 81%
03/09/2021 80% 66%
06/09/2021 75% 60%
07/09/2021 37% 55%
08/09/2021 42% 54%
09/09/2021 10% 49%
10/09/2021 25% 38%
13/09/2021 11% 25%
14/09/2021 2% 18%
15/09/2021 89% 27%
16/09/2021 87% 43%
17/09/2021 85% 55%
20/09/2021 14% 55%
21/09/2021 53% 65%
22/09/2021 43% 56%
23/09/2021 76% 54%
24/09/2021 78% 53%
27/09/2021 90% 68%
28/09/2021 58% 69%
29/09/2021 198% 100%
30/09/2021 90% 103%
01/10/2021 188% 125%
04/10/2021 94% 126%
05/10/2021 157% 146%
06/10/2021 74% 121%
07/10/2021 66% 116%
08/10/2021 55% 89%
11/10/2021 235% 118%
12/10/2021 169% 120%
13/10/2021 113% 128%
14/10/2021 91% 133%
15/10/2021 217% 165%
18/10/2021 158% 150%
19/10/2021 126% 141%
20/10/2021 56% 129%
21/10/2021 86% 129%
22/10/2021 128% 111%
22/10/2021 238% 127%

Hi Cakes,

XTR is LSE listed so I'm not sure Australian tax law is involved. In UK law the UK listed entity will declare its gains and offset any applicable losses over the allowed period.

What is clear however imo is there will be a number of measures taken to mitigate tax bill where possible as discussed in the thread above which may include inward investment to other XTR licenses or projects.

That’s a long term hold there and I sincerely hope your patience is rewarded.

Thoughts on impact of major miners with O&g and coal exposure going “green”

Interesting factoids, BHP new CEO Mike Henry has stated intent to decarbonise BHP production profile. To date BHP production of coal and O&G accounts for 13% and 21% respectively by revenue that’s a 34% hole in their revenue to fill as they switch off. 40% is iron ore and 27% “the others” of which copper accounts for 24% and nickel 3%. BHPs easiest route to fill the 34% revenue drop would be by boosting an existing stream in a metal they already produce as a key item in their portfolio in a thematic indicating an impending supply deficit moving forward. Do we know anyone with a 30 yr mine life of copper resource knocking about?…

The above may read very rampy and that’s not my intent, I simply observe that any of the majors actively shedding O&g and/or coal producing assets or projects will need to fill that gap. BHP is one giant example , AA is another, Glencore while not shedding the assets have gone into “harvest” mode in terms of running down existing assets.

This points strongly imo towards m&a on large long life predictable assets particularly if it’s in a large volume metal market that a major has a foothold in already.

It really is time for diamond hands here I feel

Drawing a comparison in style between Keith wrt promotion (or perceived lack thereof) and John Borshoff (Uranium industry), in my opinion the projected market supply deficit will cause end users to look upstream and start identifying available deals that can be made and it will result in a better deal if its one EMH can discuss when approached rather than doing their best Baldrick impression with a homemade sign saying "Get it here" and standing outside OEM offices looking desperate.

There's some patience required here I think

https://uk.finance.yahoo.com/quote/HG%3DF?p=HG%3DF

Good info Steve, thanks

Thanks foiks, watching with interest. May look at a small long term punt and leave it in the long grass for a few years

Which Brokers have this stock available? Interactive investor don’t seem to have it listed.

Thanks in advance

Grouchy board is a sign of folk sitting on losses. I'm just holding and waiting

Doesn't feel like that sort of operation to be frank.

In the spirit of the periodic table and the investment in mineral exploration I himbly suggest

Ella-mental

Took another top up yesterday. We are clearly creeping towards market realisation. I’m in the red at the moment but not too much and when the point of realisation hits the market this will prove to have been a good time to accumulate I’m sure.

Great news. Grades exceeded my expectations/hopes. XTR are doing a great job and we are entering a good news flow period

Question peggy - you are aware the phrase "massive sulphide" refers to the nauture of the sulphide rather than any potential volume of deposit? Asking for a friend

Drilling>>JORC increase>>Offers

Ella has already clearly taken a mental position on arcm. Combination of cognitive dissonance when share price surges plus confirmation bias when some twerp claims a two Bob court case is floating round will hamper ability to make a confident decision.

I for one at looking forward to a good day here. It’s about time