Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Did anyone notice CB states we are on hole 40. Therefore holes 38/9 news must arrive by tomorrow i reckon.
https://audioboom.com/posts/8019421-traders-cafe-with-zak-mir-colin-bird-executive-chairman-xtract-resources
https://www.mining.com/sibanye-stillwater-ditches-1bn-brazil-copper-and-nickel-deal/
Is Colins mention (More than once) of going it alone, the back up plan in case this doesn't appeal enough with the majors. My fear with this option is large dilution. He did make reference this would not happen in the EARLY months. Another thought ,if all goes to plan and racecourse is sold as a package successfully, then i think he could well decide to just keep Footrot and develop (mine) with XTR if viable. In terms of share price i really cannot believe the market hasn't woken up yet. The are well aware more so than us i would imagine. The realistic likelyhood is that they know we are still a few months away from proving up yet, and they have no real rush to invest as yet.
Have you noticed that three consective days have had funny large transactactions taking place...
12-Jan-22 16:22:10 5.56 210,593 Unknown* 11.71k
11-Jan-22 09:13:52 5.49 500,000 Unknown* 27.45k
11-Jan-22 09:23:12 5.40 1,000,000 Unknown* 54.00k
11-Jan-22 09:23:48 5.5999 547,152 Unknown* 30.64k
Colin is busy it seems
May come back to us soon...
Investors who take an interest in Bezant Resources Plc (LON:BZT) should definitely note that the Executive Chairman & CEO, Colin Bird, recently paid UK£0.0013 per share to buy UK£80k worth of the stock. We reckon that's a good sign, especially since the purchase boosted their holding by 67%.
Will kick in at this rate of decline to top up. We are a long way ahead from the days of 9p. Is this really that good a thing or are we all on this BB, that far behind on forthcoming info. Decisions decisions. That little saying keeps popping up in my head. " If it sounds too good to be true, it probably is".
https://www.mining.com/exploration-snapshot-eight-companies-searching-for-future-mines/
TDoubleu... If the SE hit expectation, then 40p will be a miniscure figure to what this share price could go to. Would pay all your renavations and a little more for an ice cream whilst you sit back and reflect on your handy work.
We are bang on in their backyard
South32 Ltd. bet on copper being in hot demand in an accelerating global energy transition with an investment of up to $2.05 billion in a Chilean copper mine, as big miners pivot to metals needed for electric vehicles and renewable energy infrastructure.
The Australia-based mining company—which has assets in the U.S. and Brazil, among other places—on Thursday said it would buy a 45% stake in the Sierra Gorda copper mine in the Antofagasta region of northern Chile for an upfront cost of $1.55 billion and future sum of up to...
Short-term copper contracts are once again trading at a huge premium to futures in London, in a sign that last month’s unprecedented tightness in spot supplies is far from over. While futures prices are tumbling as the outlook for demand deteriorates, surging premiums for spot contracts point to a supply shortfall on the London Metal Exchange, with inventories near a multi-decade low. Premiums for spot contracts hit record levels last month, in a condition known as backwardation that signals spot demand is far outpacing supply. The steep spot premiums and dwindling supplies of metal on the LME and other exchanges stand in stark contrast to mounting worries over demand that are dragging futures prices lower. Three-month prices have fallen about 10% from last month’s peak, fueled by a manufacturing slowdown in China and mounting debt risks in its property sector.
“It is fair to say that there is some sort of storm brewing for the metals,” Malcolm Freeman, a director at brokerage Kingdom Futures, said in an emailed note. “The key question is when will it break
There is only one possible reason why this share is dropping, particulary with the impressive news constantly being released. That is, further dilution which could well be on the horizon. Nevertheless it was an opportunity for me to top up today. Really didn't think we would see that level today
Every little helps towards pension early days