Member Info for flipper56

Gixxer -interesting point you make about electric cars, same here. People seem to be getting rid of them.

I haven't bothered to pay much attention to copper demand recently as my copper plays are mainly CB companies and production is always....... . But have to admit l wrote of BR a long time ago in my head. Until the AA clause is removed and copper prices increase then imho the value of XTR remains in Manica.

The Roasties are on their summer holidays so don't expect any interviews - (according to their last podcast).

CB has issued an RNS about ore sorting at his XTR Bushranger project. Given the higher grades at Luansobe it doesn't sound as if it offers much here unless a different method works better.

Iky - maybe you should add a trigger warning to your posts !.

Hopefully news won't be far away. No one can accuse the Zambian Government of rushing. Whether here, JLP, or ARC its the same waiting story. At least cricket starts soon.

Pricey - off topic - l can't remember if you own GLR shares - but in the case of GLR, is there an argument in buying back shares in the Company rather than this never ending pursuit of new projects and further dilution ?. Or even combining GLR and BZT ?.

HZ - thanks

HZ - can't sleep so apologies if l have got this wrong. But basically you are saying that the XTR drill programme proved up what AA had already concluded, ie this is a very low grade resource that is uneconomic to produce at current copper prices. Hence the market is valuing at zero.

Gixxer - According to their last podcast they are taking their summer holidays.

Brasstack 1 has some good posts. Apologies for not posting links but not on my pc.

Analytical - the Hot Copper bulletin board has some good posts regarding this. Just Google Cobre Resources and follow the relevant thread. Early days but looks interesting.

Jezzoo - AI chatbox makes sense. Recently seem to get a more " intellectual " type of ramping/deramping on the bulletin boards.

Had the same with another share recently. Turned out the guy was operating a scam. Always best to keep an open mind and not be intimidated by what someone writes on a bulletin board. Hope the AGM goes well in a positive sense regardless.

OSV is just another pump and dumper.

Agreed. I had this with PMG. Stayed about a penny for years. Then shot up to 3p, then 6p and l finally sold my last shares at 10p. A few weeks later it was 36p !. And nothing significant had changed !. But like others plenty of dogs as well. So hope this works for all of us and await the license news with anticipation. And thanks to others for the updates.

I am not sure if l am a holder or a genuine holder but l have invitations to the XTR and AFP AGMs. Sadly cannot make either but look forward to news of future plans.

I thought in the last podcast he was surprisingly contrite and acknowledged the fact. However, going forward what matters is the current valuation and whether Colin can increase it. I don't believe most of us are investing to save the world from a copper shortage. In fact the bigger the better !.

Ma - OK, thanks

Ma, just had a quick look. It's $1250 and not $1350 and varies once the gold price goes below that. The Agreement in May 2019 explains it better than l can.

CHRI5P - you make a very good point at the end about no one being interested in GLR. I remember mentioning it to my brother and he said he used to own it - pre CB - and had bad memories of it so wasn't interested.

Ma - bit late at night but are you sure ?. I thought it was 23% of profit after $1350 an ounce.