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There has been some decent volume of late with the talk recently elsewhere that, the usual 50% or so of placing shares usually forward sold have likely been cleared now with some warrants next at 1.20, although not as many. So once volume picks up again, if any of those are forward sold in any real volume, we should break free into blue sky. That’s all that has been holding it back, just as we had seen earlier on with Bzt.

With blasting at SK already underway and a ‘firm yes’ from cb when asked again if production will be with 3months, am more confident it will be delivered on time simply down to mine planning and scheduling to deliver first ore to the Rom pad to have feed blended to coincide with final jobs to be done on the plant that he said, such as “filling with reagents and putting the balls into the mill”.

Unless you still don’t believe a word of what cb says or even what is stated in RNS 🙄

Not the actual case though, the grades returned were in line with what optimal mining consultants expected in the early BR conceptual mining study.

“Optimal believe that the economic recovery and processing of ore with low grades between 0.1 - 0.2% Cu is pivotal for the economic viability of the Racecourse project”

Did CB over egg it, yes but it’s not about grades it never really has been it’s about economy of scale and what can be economically extracted.

Interesting fact- Cadia Ridgeway went through numerous studies before it became economically viable! Look at it now, cited as one of the most efficient mines in the world.

Or Amaroq, Cavendish have initiated coverage on AMRQ with 204p Target Price!!!

You have never been positive or negative just realistic based on facts or what you think are the facts”.

So not based on facts then where SK is concerned. It is your opinion and your opinion is based on your own negative sentiment still, but that is fine.

Andrew today- I'm cautiously optimist that we will get silver king production some time this year, but not convinced it will start when CB or the roast boys said it would.

Andrew last week- IF production happens as stated in the RNS then that would see a shift in sentiment IMHO as we may be able to finally start believing what CB says!! Imagine that !

Fingers crossed my friend, be good to get you back onside if that is the case. This board is a better place with you on it and being positive once again??

Bob - Colin says this could be the 3rd largest Rare earth project in the world ✅

3card - He also said that about the Bushranger copper deposit ❌

It’s likely now CB will be proven right on both. Would you bet against him now, taken time but his long term strategy is starting to pay off with early mover advantage in the copper space, silver, gold and now into REE projects across the group.

Kendrick attracting some attention. I’m sure there is a good value early investment to be had at £6m market cap even though has no income or any significant cash in bank to advance.

Just goes to highlight the value there is in xtract in comparison. Currently under £9m mc, millions due in income over next couple of years to cover operating costs and further their exploration commitments with cash flow, raised funds recently to advance small mines strategy in Zambia and Morocco to start generating early cash flow, the list goes on with geo teams basically picking and choosing the best options to put forward and we are also sitting on BR that we can now afford to wait until interested parties come to us in light of our strong cash position

Not saying Kendrick is not worth a punt, but seriously, go figure!

Was posted on GLR, is maybe of more relevance here with positioning already with Wildstone and current cash position.

Africa.businessinsider.com/local/markets/morocco-targets-gold-and-copper-investors-with-13000-sq-km-mining-exploration/gc596yq

If nothing else it shows there is heightening interest in the region toward giving XTr/wildstone some much needed exposure.

XTr recently aquired 80% of a Moroccan mining and development company, so already has his foot in the door with regulatory and environmental framework in place that could provide an advantage if any of the CB group were to move on applying for exploration licenses.

Why Archer considers BR to be the bigger catalyst with potential of likely, an Oz party buying into, or taking over the ProspectOre subsidiary that holds BR (being the assumption.)

A ‘factual’ reminder of why that is and why BR is still a very important asset and will be investable.

Once the economic performance is finally updated from the optimisations it will hopefully now be the deciding factor that will heighten interest in the project along with sustainably higher copper and gold prices.

As for BR potential beyond just the defined resource of what is also in Colin’s ‘sweetie bag.’

There is Ascot, higher gold content with Molybdenum that could even go on to be the starter mine for BR.

There is the western anomaly next to Ascot identified in the historic geophysics. https://www.rns-pdf.londonstockexchange.com/rns/8649O_3-2021-10-12.pdf

The solitary borehole 33 drilled into a seperate, eastern outlying gold anomaly that assayed 15.5g/t of gold over 2m

Holes 38&39 also identified 2 near vertical mineralised gold structures with indications they increase in width and grade at depth.

Early assayed indications of deeper, multiple porphyry under Racecourse.

Geophysics identified two ‘new areas’ of interest, significantly a fault up to the north east of RC , this a known mineralised corridor that RC JORC could be increased with high grades.

The evidence clearly indicates that bushranger is a multi-mineralised copper gold porphry system like cadia ridgeway (gold copper)

Safe jurisdiction, high voltage power line crosses the license, water abstraction from nearby dam, major road and rail networks nearby, large city with port and towns nearby that will be supportive of a workforce with their expertise and experience in a mining nation with no indigenous disputes over land rights.

Hi FS not saying price points and targets are not free of manipulation but low level liquidity stocks are not overseen by human market makers on a day to day basis constantly moving the bid and ask to create liquidity. Algorithms are far more efficient at generating their profits than a human could ever be.

They make an easy villain. When a share doesn’t move how people expect, it’s simpler to blame MM “games” than admit the market just isn’t buying into the story presently.

Most don’t understand how market making actually works. It’s mostly automated liquidity provision and hedging not someone deliberately pushing prices around.

Low-liquidity shares create weird price action. Wide spreads, small trades moving the price, and thin order books look like manipulation but are usually just normal microstructure.

Human psychology loves patterns. Random moves get interpreted as hidden intent: “tree shakes”, “walkdowns”, “loading up”, etc.

It protects the ego. Blaming MMs is easier than accepting bad timing or overestimating a stock.

Forum culture amplifies myths. One person posts a conspiracy, others repeat it, and it becomes accepted lore.

Misunderstanding of price discovery. People assume buys should push price up and sells down, when spreads, limits, off-book trades, and order-book imbalance actually drive movement.

Most “MM manipulation” is just low-liquidity behaviour, automated systems matching orders, continually moving the spread around to create liquidity to make their profits on the spread.

As investors we like to project some kind of meaning onto random price noise when things are not going as expected, but quality assets will usually come through.

Re. AMRQ Current selling likely down to TSX holders selling on recent announcement of intent to delist with also moving from their AIM listing to main uk market.

Nothing to fret about

If you haven’t yet sold just hang on, end of the day it’s the same pool of shares traded through cross listing. So the price across the various exchanges will remain similar subject to exchange rates . The company will later release the necessary information on when and what can be done. On delisting, you won’t be able to trade them, but they can be transferred to another broker. Your ownership rights remain, you will not lose out.

If you hastily sell now you may end up having to buy back at a much higher premium, but that works both ways of course. Best advice is as icebreaker states for peace of mind.

I would agree with you there, ‘on its own’ it could mean anything, particularly where operating in Africa is concerned, where everything seems to take longer.

Would add this from Oval’s Lakonde in the same RNS that would add a bit of weight behind ‘either’ of those comments if within 3 months.

“Progress on the Silverking Mining project promises early production of copper concentrate and with the technical and financial contribution from our partners, a successful operation.”

Would imply much sooner than your earlier prediction of “at some point in the future. Hopefully this year”

Depends what paragraph you read. I notice you skipped past this quote and chose the next 😉

What’s wrong with this one?

“The operation is within three months of production commencement and thereafter ramp up.”

I think this one trumps yours regarding making forward looking statements.

Let’s not split hairs, just keep appendages crossed that oval don’t fu@@ this up and we see some of that shareholder value always mentioned.

Perfectly valid questions. Many have run the numbers, Archer, Kev Hornsby also James run them too, but of course until the plant is fully commissioned cannot be confident as this has been fast tracked without a feasibility study. So they must have a very good understanding of what they can run through the plant and what feed rate and head grade they can supply to it from the general subsurface. I think for it to be RNS’d that production will be within 3 months is a solid and very confident timeframe.

There have been two videos uploaded now of the new SK plant by someone from Oval mining. It appears legit with the most recent one you can see the flotation cells whirring away as the guy filming says, some water testing to be done and then it’s ready for material.

@Ipad Hi a very good synopsis on their primary asset Hope and Gorob mine which they are concentrating efforts on currently to start mining first ore and developing the processing plant.

https://open.substack.com/pub/thatstocksguy/p/bezant-resources-929?utm_campaign=post&utm_medium=email