Member Info for eastern_investor

He is probably an intern who is trying to impress his bosses with his ramps

Mr T, it's okay. Back on the 18th December Irish stated very clearly the ECC would be granted in January. Cutting it fine ? Yes, but we still have a few hours left.

I do not think gathering 5% of shareholders together to force an SGM will bring any meaningful change. Forgive my lack of knowledge of Corporate Governance but do we need 50% of shareholders to come together as a block to compel changes such as to pay and governance?

Prickly. Thank you an interesting view from AI which makes sense. I am counting on Irish being correct when he stated it would be granted this month so we only have days to wait.

Well no strategic update has materialised and even the ultra risky drilling venture in Chilibwe has produced no update some two months later.

Given the lack of reports on Bushranger and the attempts to come up with economical methods of extraction can we assume that it is to be written off ?

Similarly, it is clear that Kankyu and Silverking are going nowhere and no work has taken place on the 5 licences Xtract do hold in Zambia despite an expectation of drilling to commence months ago.

Are we to be treated to a new 'Hey look over here' venture ?

We have half a mining licence

Irish has stated we will get the full licence by the end of Jan ( See post 18th Dec).

Irish has stated finance is sorted.

A supply chain has been created and LOI have been signed with various logistics firms.

Colin is so confident he awarded himself shares instead of salary and even paid his wife some for services rendered.

Mr T, thanks, that will be one angry I.I though unless Irish is correct and the ECC is issued in the next two weeks.

What will happen to the Kamino Minerals warrants that are due on the 31st January given how low the share price is ?

Mr T. Irish has stated we will get the ECC element of the licence this month so only another couple of weeks to wait. They have also assured us that the finance is in place so we should be okay.

Now the new year has started, how about a nice strategic update on all the projects in terms of current status and planned activity over the next 6 months?

Irish, I also look forward to the granting of the environmental licence which you have stated will occur in January so this should be an exciting month.

Vulcan, so was mine. There is no way you can buy a coffee for £1.90. This would need to 20 bag for our new investor to be able to buy a nice latte.

I suspect they are using Etoro or some other similar commission free platform that quotes the maximum Ask to generate upticks on the likes of Google that report the last trade.

Vulcan, the said investor will be laughing all the way to the coffee shop, when this 10 bags, the joke will be on us !

Nice to CB and the Finance Director buying shares but what is Lion Mining Finance (CB is a director) and what on earth have they done for BZT ? I wonder what consultancy services his wife provided ?

Boudica, I do not see the link between New world and Chilibwe though, only that this chap Lukonde Makungo is a director of both. One thing is striking is the role of the Roast PR directors in this venture.

CB does need to fully explain what is going on here and how much the drilling is costing XTR.

I think the Governor has believed CB's timescales. Does anyone want to tell him ?

I will add my 500k to the pot. Thank you. “In for a Penny, in for a Pound” as they say in Dubai

Sadly, I agree with Boudica. Now is the time for action by shareholders. If we are not making money or benefiting from 'value creation' ( OSV take note), then neither should CB or the rest of the board. Even the most ardent of his supporters, if they are not employed by him or retained under some agreement, must have lost money on their investments. The question now is, where do I sign up?

Stop The Slide. CB can do it !

This can be achieved if our leader,

1. Updates the market on what progress has been made since July on the five Zambian licences bearing in mind we are nearing the end of the 4th Quarter. ( Did someone say drill by the end of the 3rd quarter?)

2. Updates the market on drilling at Chilibwe, are we in breach of our joint-venture due to a lack of action.

3. Updates the market on Silverhill and Kankuyu.

4. Provides an update on Bushranger and the new optimisation and conceptual studies,

Just like the Bonnie Tyler song, I would actually settle for 3 out of 4 of the above. Come on CB, make XTR great again !

Kamino minerals will be hoping for weeks rather then months if they want to make any money on their warrants. It could get a bit awkward if nothing happens in the next eight weeks to shift the share price.