Member Info for Gixxer-600

I'm not so sure, there's no mention of XTR on the actual .mineprophets.c0m/ website...

'news of the award of the new contracts IMO - should be any day now...' I wouldn't hold your breath CE. Bird told TW the deal was done 5/6 weeks ago! - Same old story eh!

Gold just gone through $1800 - And Bird fecking around with Copper!?

Well, if there are long queues then its practical from many other transportation companies!

So, we know that at least one border is open (and has been for a while actually) - We also know , from Bird, that he anticipates long queues/delays.....What I don't understand is If we have equipment/plant that's complete and ready for transportation then get it on the way at least!

So what if if we have to pay for the lads (ladies)to have relevant safety equipment, to sit at the border for a few days and maybe then for a couple of weeks quarantine. Even if that cost 50k it would be worth it!

Just feels to me that with a little planning, and a can do attitude, this problem of transportation can be overcome.

KK - Tnx again. I'm still somewhat pi@@ed at the Auz deal, we had enough blue sky IMO and I'd have much rather the focus be on developing Manica to it's full potential. There's still a load of work to do uncovering the full extent of what we have there and I'd rather we were focusing on that.

Good to know it's still in the mix then; potentially two extra revenue stream coming online in the near term should boost the SP and, hopefully, negate the need for a cash call - Thanks for the info!

Was looking at the cost of drilling in Auz, it appears to be actually cheaper than Moz. (only a quick google search) With a bit more $ in the bank than expected I wonder will Bird begin drilling before the HR revenue stream starts flowing....?

o/

CE - In your conversation with CB did he touch on the subject of the new alluvial's & gravity-processed HR deals being negotiated? - When he discussed them 5 weeks or so ago, can't recall which interview, it seemed like the deal was about to be done. Well, for the alluvial's at least

Also against point 5. I recall TW gave Bird some stick, in his recent, interview regarding CEO's not involving PI in cash raises. I mean to go through it again but as I recall Bird was in agreement....We'll see!

It's not always a good option anyway SOLG just carried out a discounted raise that was open to all. The SP is now below the discounted price...

My preferred option would be for Bird to hold fire on these 'blue-sky' copper plays until we have income from HR, or indeed from the new alluvial deal he's talked about. About a month ago he gave the impression that was a done deal so maybe news on that shortly...(I wouldn't hold your breath tho)

BttS, I went back and looked to see who first came across Manica as I assumed it was JN. It seems it was Nelson and Bird but more interestingly:

Colin Bird, Chairman of Xtract, added: "Jan and I first started exploration at Fair Bride as part of Pan African's development programme, a company that is now worth more than £200 million in market capitalization. We rate the asset highly and it fits into Xtract's strategy in all ways. We believe this is one of the few high-grade, low-cost, low-risk, open pitable gold opportunities in Africa. Infrastructure around the project is excellent and the project is 18 months from production. This acquisition will progress Xtract towards becoming a mid- tier gold producer with all the benefits that will bring to the company and ultimately growth for shareholder.

Specifically:

' project is excellent and the project is 18 months from production.' This statement, from Bird, is from back in 2015! And he wanders why the SP remains so low. Its because you never ever meet a deliverable Colin!

L250
https://xtractresources.com/eureka-copper-project/.

They do look tasty so far....

Due to Bird's systemic destruction of the SP over the last 4 years its impossible for many investors to get out, without a loss, if you don;t like the way the company is being run. It's a massive frustration for me ATM, I was so close to breaking even and finally escaping the idiot Bird!

(I'm the idiot too I supposed for believing him, initially, and sticking more £ into this company)

Once again spot on A4444 - I've also convinced myself he's trying to recreate what he did with the 200 bagger many years ago before he retires.

If I'm right this could be extremely dangerous for holders as who knows what risks he will to take to achieve this goal.

ofc, I could have it completely wrong and he genuinely has the interests of shareholders at heart. I'm just not feeling that at all!

A F2F for this year is out of the question BB - 'shareholders will not be permitted to attend the AGM in person but instead are being asked to cast their votes by proxy in advance of the meeting.' I doubt very much Bird will answer q's online far too many difficult questions to answer.

been trying to find the interview with Bird where he discuses taking on the copper projects. I'm, almost, certain he states that he is happy working on the African continent and will not look elsewhere (anyone else recall that?). Anyway, that interview was not that long ago which leads me to think this Oz deal was not thought about too deeply, Birds been caged up in SA and got bored perhaps.

As a side thought, it's interesting that TW has not made comment with regard to the new OZ project, any thoughts why?

With HR close to producing I doubt there would have been need to raise funds had Bird not elected to purchase this Australian albatross. It's going to suck funds out of this company for the next 3 years at least.

Fundraising RNS showing on VOX markets?! £16e6 @2 1.5p

And there you go - Promised nowt - Delivered nowt......

You're right BB - I do apologise for not having more faith in Bird. Looking back, I can;t think of a single instance where he's not done what he said he would, or indeed missed a deliverable......Silly me...

L250, yea, I read that on UK Gov website. There are/could be ways around that though surely. Eg: SA driver drops the equipment off at the border and a local driver picks it up and takes it to site?

https://mz.usembassy.gov/covid-19-information-2/

- The Ressano-Garcia / Lebombo post near Komatipoort is the only open land border between South Africa and Mozambique, for cargo only.

This border is close to the coast but only adds 3hrs (from the closer border to Manica) to the journey