Member Info for Digger01

I agree and have a target of 40p based on peer valuations and current POG

Don't forget old Digger who is still here from 2009 with a fist full and nightmares similar to Izstar. As Bonjovi said - keep the faith.

Yes a huge spread - Trying to shake out shares. I am more than happy with the update. With the shares in issue and maintenance of $1200 POG this should be double the SP or more as the debt drops.

From RNS 20th June: The Company has undertaken to use commercially reasonable efforts to procure a listing on NASDAQ and raise a further tranche of funding in the future. So YES there will be more dilution. - If my thinking is wrong, please correct me. We need news to get this moving, which will come. Plenty of patience required as the like of Izstar and Rhodi are well aware.

Devaluation of GBP against sales in USD as it can't be POG which is falling.

Now we have funding, I am surprised that new studies have not kicked off? Anyone have thoughts on this?

It's like a Carrot that's getting bigger and riper every year, but the cost of growing it keeps on diluting our holding and there never seems to be any whole sellers who want to pick ! One day I am sure, but the way this is continually going, we might get our money back at some point unless you have a pretty low average. I have full confidence in this getting to market at some point, just a shame how long it's taken and one heck of a roller coaster. Hopefully we are nearing the top of the Big One and its going to be on a roll. GLA

Good prediction ! I guess I didn't have enough experience to see the difference with this dilution. However, I have never doubted, having been here for 7 years and participated in every rights issue. I continue to hold and be patient.

Yes please - I will buy the company at 1p.

JC - What`s coming?

Good results, POG still increasing, weak Rand = lower cost as selling in Dollars. Stronger Dollar V GBP is also a positive.

IMHO even if POG remains around $1200, the AISC projected here means we are very under valued, even with the debt. Especially in comparison with peers like SHG, PA.

Thanks for your comments. It just seems massively overdone here. However the current markets wants Jam NOW and not tomorrow.

recently invested here at the wrong time. Broker reports looked good, news flow good, new contracts good, third party forecasts good. Can anybody give me an educated assessment of what the heck is happening here? what has changed in 7 days to completely decimate the SP. I don't believe for one minute that its just down to cash receivables or anything to do with the offshore registration as this is nothing new.

recently invested here at the wrong time. Broker reports looked good, news flow good, new contracts good, third party forecasts good. Can anybody give me an educated assessment of what the heck is happening here? what has changed in 7 days to completely decimate the SP. I don't believe for one minute that its just down to cash receivables or anything to do with the offshore registration as this is nothing new.

Surely a massive tree shake attempt. Does somebody want our shares? How can this be justified.? What`s changed other than for the good?

Nothing to talk about !

Stocktrade

On XBIO Website

Where do you get $700-$550 from ? Last RNS 23/09/14 figures below: "Produced gold (including the Government of Azerbaijan's share) at an average cash operating cost of US$1,014 per ounce of gold (H1 2013: US$564)"