The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
ZAP
're BR
I am right in saying once financial models are out then dear C🎯l will approach AA.
If AS say no then they want to be cut into deal with whichever Major buys BR?
At the moment market pricing in NO DEAL for XTR/AA?
Will dear C🎯l release above news to market as and when we have it or will there be no news til DEAL done?
Thanks
Jez
stop putting words in my mouth. BIFTA ? wot the hell is that?
Anything processed is FULL of sugar be it savoury or sweet. SWEETNERS are poison.
perhaps dear C🎯l into taking dose of cinnamon to create fat burning inferno!
Yep wanna do road trip to Russia to get to know my roots.
Sure me and Putin would get on house on fire if we ever met.
Jez
You are grating on my nerves.
This is what I do. UNDERSTAND every aspect of the investment I bought into.
Now Zambia Copper is coming into play I need to study so I can project earnings which will then add to forward value of share NOT YET PRICED IN.
If I had to do risk/reward on
Alcohol (22k) deaths this year
V
Charlie 804 deaths this year
V
SUGAR tens of thousands deaths
I know which I would choose
As it happens I dabble hardly ever as am on a NATURAL high📍♦️✅
You are a numpty GUY.
Good job am sharp as a knife!
So if $90k is cost for stripping and producing 3.5% copper from 2000 T rock that = $45k a tonne or less if more CU recovered.
So
30O0T @ 4% = $1020m
Less 95k costs
= $925k profit
X 60% for XTR
=$555 k
No further recovery will be done until big fat chunks of CU found otherwise they will be wasting their $ earnt
Yes or NO
JEEZ the BIRD WRANGLED another 10% profit from additional strike 1km ❓
I say TIGHT is alRIGHT✅
Guy
Me again
In addition to questions below an Old style deal could look like this?
£1m to acquire land
£1m drill and get 1st cash flow
XTR Gets 100% profit or 100% loss if no goer
Risk capital £2m v £65k on new style deal
Profit 100% v 60%
Is this roughly about right?
Guy
This is how I understand deal. Correct me if I'm wrong.
Jv deal KAKUYU
Risk capital to.XTR $65k
Plus
$680k in copper from (2000 x 4%) x $8500
$90k costs to strip and process the above.
Above paid through stockpile? With XTR profit share being reduced from 60% to 20%
750k tonnes estimated ore was for original strike length 380m?? Now strike length 2.4km WOW
You say stockpile is 3ft high. Means diddleysquat without knowing length and depth.
Is stockpile being sent to processing for cash flow? So the profit share to XTR is now 60%
Please correct anything I got wrong
Thanks as always
dani
Hi MetalHead
Scrolling down to suss out real investors here.
Currently hold a large position in XTR
Looking to invest % of BR DEAL or topslice once we break out of flat line consolidation.
If CB strategy of creating shareholder value is the same across all his companies then this is where I will invest.
So
If you don't mind me picking your notes on AFP
Please explain investment case
Relationship with FQM & SANDFIRE
Timeline to monetisation
Cost to AFP SHAREHOLDERS = are likely raises needed.
Thanks in advance
CruELLA
Thanks GUY
ok so this is just a rough guesstimate of maiden revenue from KAKUYU.
I learnt that higher grades go through mill 1st to pay for costs.
So out of 250 tonne stockpile
200 t @ 3.75% = 7.5T CU
50 t @ 20% = 10T CU
Total 17.5T
Av price of CU Q2 = $8500
17.5T x $8500 = $148750
📍is formula I used correct
📍what % of revenue is used for costs
📍what taxes are to be applied for copper production in ZAMBIA
Just perhaps copper income from KAKUYU will part pay for drilling of new prospects announced yesterday.
Relistened to roast podcasts. Well worth It, amazing how much info you forget.
NOW is the time to acquire as many viable add on licenses as possible before copper price shoots up
Dani
Fulmar
Get your facts right
My name is dani.
I posted as bauhouse then russiangirl until KILL got all my threads deleted.
Then I was mabaker and for reasons I wish not to disclose Igot all my threads deleted
I am now cruELLA
I am here to fish for information from a few respected posters. That's what I do to join dots up.
If I'm ruining your existence then I admit it is very CRUEL of me
Get over it
ZAP
KAKUYU you wrote
♦️They mentioned some production from Kakuyu that could add to Q2. Some decent in pit ultra high grades of 15-25% Cu evident they may have targeted to draw some initial income from, to get the ball rolling.♦️
Wow! Any idea of tonnage put through?
Can then calculate rough income
It just gets better
CruELLA