Member Info for Gixxer-600

You got to give it to Bird, he's an absolute master of stifling SP recovery! - I'm sure we'll get there in the end despite his best efforts!

Looks like it's due to another UT trade after time.

Bird on V.O.X
markets.co.uk/articles/xtract-aquire-copper-gold-project-eastinco-mining-update-and-glen-goodman-goes-long-bitcoin-9e1b7d7

It is CE. No mention of XTR.

I'd be interested to know too. Bird was bemoaning salaries on the TW podcast recently. As I recall he thought 50/60k was reasonable for an AIM CEO....

In full agreement A4444 - already been stuck here for 6 years now. Bird been promising 'shareholder value' for circa 4 of those years.

Is this really what most shareholders want? - I think not. I imagine most of us want to break even and see a decent amount of CiB at least before he starts **** like this!

Good or bad this deal just feels like groundhog day to me.....More dilution, increased expenditure and more promises of Jam tomorrow.......When will it end (i.e. when will we see 'shareholder value).

Agreed, those gold grades are shabby.....Why, Colin, Why?????

'Xtract are currently at the sweet spot now.' I hope so, finally L250, we've been in this position before as A4444 has mentioned already tho... It's imperative that Bird really knuckles down and meets these targets running up to Q4!

So, according to Birds latest timelines we are to expect the following before Q4:

- A new Alluvial ('near the river')deal to come in play in the next few weeks.
- Guy Fawkes free milling material ('discussions very advanced' with equipment already available in country). He states it shouldn't take too long to be get and running (Q3 is mentioned).
- Bird expecting to transport HR equipment mid to late June with a plan to have the HR play processing towards the end of the year.
- Kalengwa; All test work complete. Decision still not made regarding leasing equipment and running in house or outsourcing. Seems to be taking a while to reach a decision on this but claims it will be up and running by Q3.

Furthermore - Eureka; Bird excited with results to date. Mentions we've already had interest from 'trade'. Trenching underway already and drilling to start again soon. Seems he had no plans to work this mine but, if there is interest, will sell the licence in 1-2 years.

Certainly an RNS in the next week or so stating a 2nd Alluvial play underway would go a long way to keep the SP steady. Further ones stating GF is under and the HR plant is on route would really help boost the SP. I'm really quite interested to discover what grades they'll be pulling out of GF TBH!

Thanks for this CE. Looks pretty detailed, I'll have a good read after work!

I've been looking through the latest pics again - There's some interesting design features (for me anyway) Does anyone have xp with this type of plant? I was wandering why there are castellations/notches in the section in image 3? - The section looks too thin for sorting rock size, maybe for fluid flow?

I noticed that too NTMY. It's clear he's much more bullish on his copper plays. I have wondered if it's not specifically the metal or it's as he did not discover Manica. I get the impression he wants another big find before he retires.

I, personally, disagree with opinion with regards to the jump in copper price especially in the next three years. but then he has a **** load more xp in this area than I do!

It's not what's fully driving the SP though BB. It's just another piece of negative news and excuses for delay that we've been hearing for the past 6 years +.

I came across an XTR twitter post from 2017 last night, Bird was claiming back then that he was expecting $300k a month income by the end of the year.....Well, we're still waiting to see those figures and it well be 2021 before they are seen in Xtract's bank account!

- South Africa to downgrade lockdown measures to level three on June 1.
- This means a full reopening of all manufacturing, mining, construction, financial services, professional and business services, information technology, communications, government services, and media services.

Good news , hopefully this means we can start shipping HR kit out to Moz next month!

REF: https://www.cnbc.com/2020/05/26/south-africa-downgrades-lockdown-rules-sending-8-million-back-to-work.html

Yes. Can buy in too now CE , at a premuim.

I can't even buy £50 worth ATM

Can anyone else buy, any amount, using their platform ATM?

I just tried a £500 test buy - Straight to negotiated order.(is halifax though, they're not the best)

Maybe a bit of extra shares in circ due to the big sells yesterday? - We're not really down anyway IMO, that 1.35 after hrs settlement yesterday had messed up the opening SP. I'd say today was even....

I'm guessing that trade occurred earlier on in the afternoon but was settled after hrs.....