Member Info for JDAU

…and there we have it, playing the man not the ball again.

Grow up Jez, this is an adult environment for adult discussion about a mining company some of us own a part of - though you seem to think it’s some sort of schoolyard where you very, very wrongly think you can bully me into not challenging your incorrect statements by providing factual information such as excerpts from company news releases through a FCA approved regulated channel.

I’m not trying to stop you posting, I will however highlight the absolute waffle that regularly comes out of your mouth for what it is.

Ahhh, much like last time you were clearly proven to be posting absolute trash about the company and then you ‘couldn’t be bothered’ (after being shown to be posting nonsense) and ‘filtered me’ then spent the next few days trying to encourage others to do the same?

“And calm down man, nothing posted on here will change things one iota.” - completely disagree, misrepresenting the company effects it’s public image.

“Trying to force your view onto people” - the only thing I’m ‘forcing’ onto people is FCA regulated information that they can read with their own eyes to see how many people are posting absolute bs here.

If you don’t like it Jez, you can pretend to filter me again (and try to get others to follow suit so I don’t trick them with my evil hyperlinks to regulated information), or perhaps just stop posting lazy, repetitive, negative rhetoric which is easily proven to be as dishonest as a 6 year old with chocolate round their mouth saying they definitely didn’t eat the chocolate.

If you’d ‘adequately covered’ why you hold such a ridiculous stance on demanding an update / moaning on a nearly daily basis about being kept in the dark when there is clearly nothing to update on at present then we wouldn’t be having this discussion, would we.

You’re avoiding a direct question because it’s clear you’re holding an indefensible position.

Strange that whilst we both have access to the same information, as is published by the company through official channels such as RNS’s (and unofficial channels such as podcasts) you’re pushing the agenda that no-one has a clue what’s going on as the company are keeping shareholders in the dark (oh and that’s probably because something bad is about to happen…).

On the other side of the coin, I’m content with company communications as information is released in a timely manner that I’d expect from a company in this sector, I know what’s going on with most projects and feel generally well informed as to company operations.

Arguably this seems to be an issue with your understanding of the most recent news releases, not an issue with how much the company tells us about what’s going on.

You disagree? How?!

A company can only give an update when something happens to give an update on. If there is no further information to give as nothing has yet happened, then there is no further information other than what we have already been told.

I.e no update

What are you suggesting? XTR pay to put out an RNS saying, yep, as we stated in our last update, we’re still waiting on government approval.

It’s your right to “disagree” but then please tell me, what would you expect this proposed update you’re chasing to contain when we have already been informed about the current state of play?

*obtain said government approval.

I'm repeating myself Jezzoo, because it doesn't seem to be sinking in. This was discussed yesterday and yet here we are, again, going over the very same reasoning as to why a 'more current update' hasn't been issued yet.

As a for instance, let's look at Morocco (again):

“In Morrocco, exploration will continue while Government approval is obtained to redevelop the Amghas mine and construct a floatation plant”

Reference: https://www.lse.co.uk/rns/XTR/fundraising-for-1632000000-r13pf1l7vjv9fpn.html

As I said yesterday, I don’t understand what else you’re expecting them to tell you at this point in time when clear guidance has been issued.

In a nutshell re Morocco: We have funds, exploration continues, awaiting government approval for mine construction.

Once government approval is given, mine construction will be next and THAT will be the news.

You can "want an update" as much as you clearly do, but when we've received clear guidance up to this point, as previously referenced, and we've been told what the intention is, you're asking for information that isn't in the companies hands yet.

To be clear, in this instance, the reason I keep asking the same question is because it's going unanswered: what are XTR supposed to announce that hasn't been said already - we are waiting for government approval, further action will be taken when we obtain said government approval comes.

I'm not disputing that Ben so I'm not sure what your point is.

You're acting like I'm not aware of the the date of the last operational update when I've been quoting and referencing it over the last couple of days during bb discussions...?

This update covers operational progress across all the projects for the 6 month period ending June 2025, it also details operational updates on projects for anything that happened post period (i.e. between June 2025 and when this update was released to market September 2025) and then covers next steps for each project so you should know roughly where we are and what to expect over the coming months.

https://www.lse.co.uk/rns/XTR/half-year-report-i9cu219e4y9ou39.html

I don't know what else you're expecting when plenty of information has been given across the stable of projects and timescales have been given, where appropriate/available.

Directly quoting company RNS’s verbatim and including the reference/source to show very blatantly that several posters regularly post absolute nonsense isn’t me trying to pitch a ‘credible opinion’.

Colin posted a mining risk heat map on X a couple of days ago for anyone who missed it… a useful quick look guide for investors: https://sprott.com/media/fwqjsku5/sprott-mining-risk-heat-map.pdf

The irony of you saying that a post is about nothing much at all is almost too much to start my day Jezzoo..

I know you don't like long words or indeed having to read a whole paragraph (which explains why you know so little about the company or indeed its RNS's) so let me summarise for you:

- You consistently get caught out either lying or misrepresenting the company

- You play the man, not the ball in order to try to defend opinion you state as fact about the company even when proven wrong through quotes about operations taken directly from company comms

- You never add value conversationally about XTR - just repetitive, negative, emotive rhetoric about CB or incorrect assertions about company operations

- It's ridiculous to me that you think the equivalent of "likes" somehow gives credence to an inaccurate post

- There's plenty of high quality posters I've had good discussion with over the years, you are not one of them

- Feel free to filter me - just remember to shout it from the rooftops so everyone knows about the 'big bad JDAU' who twists verbatim quotes for his own pleasure and tricks people by using excerpts from company news releases and showing them exactly where the info I'm quoting comes from...

Does that help...?

Anyway… I thought you’d filtered me Jez?

You weren’t lying about that too were you?!

You made such a song and dance about it telling anyone who’d listen, (on multiple occasions) presumably because it’s easier to try to discredit me as “a poster who should be filtered”, hoping you’ll get people to stop reading the posts that clearly show you to be a dishonest poster with an agenda - rather than have an adult discussion about how you were wrong when something you’ve written in order to persuade readers doesn’t align with FACTUAL INFORMATION from the company.

Maybe you’d like to filter me and tell everyone I’m a laughing stock, that I twist things and I’m clearly upto no good… and… Colin Bird is too old for this job… and… I’m just a patronising mean person and… the company isn’t making progress… and… CB has too many companies… and… why is no-one listening to me.. and… if only we had a CEO… and…

You’re like a broken record and I’m bored of conversing with you as you quite literally add nothing of value conversationally re Xtract.

I genuinely don’t think you’ve ever written a post that I’d deem as insightful or useful.

Do us both a favour and if you don’t like my posts, press that filter button again. Just remember to tell anyone who’ll listen.

“Maybe they are negative and emotive but they are factual I make sure of that.” - no, you don’t, I have a problem with the negative emotive writing you use because you seem to use it in place of facts, I’ve had to correct you countless times and it’s gotten incredibly boring having to dig through RNS’s to prove you wrong.

“I don't bang on about shareholder value when there patently isn't any” - correct, you constantly bleat about how bad the company is doing irrespective of tangible progress, as you are doing now. Even when trying to prove a point you can’t help yourself but add in a dig at the company as you have here.

“I don't make shyt up to suit my agenda, I don't pick the good bits out and forget the rest” - yes, you do, that’s one of my issues with you and why I end up correcting you so much by showing the facts from company releases.

“You pick and choose your facts, ignore the one that don't fit and twist the ones that can't be hidden” - I “pick and choose” the direct quotes that I use to disprove some of the nonsense some of the posters, including yourself, write.

How can I twist information I’ve quoted verbatim whilst include a reference so readers can see the excerpt in the original context?!

“At least I aren't patronising, sarcastic and condescending to others.” - yes, you are, and for the record, if someone tells me 2 + 3 = 4, I explain that’s not correct, then they double down and tell me that it’s definitely 4, then I show them the math, provide a link to a calculator showing them they’re wrong and they still tell me it’s 4 and I must be an idiot for believing what the maths professor said then yes, I will probably be condescending, patronising and sarcastic towards that person. I don’t think that’s unreasonable.

“You're not a problem, you're a laughing stock on here, as I keep saying, when it comes to who people believe on here just check the recommends.”

Are you seriously saying that an incorrect statement you make must be correct regardless of evidence provided to the contrary just because it has 4 tick ups from anonymous sources that could just as easily be stooge accounts?!?

Not exactly an academic peer review is it mate.

There are plenty of posters here I’ve had solid communication with over the years and most readers here can clearly see I’m positive about the company because I’m invested in it and want it to succeed. If I was negative about the company, I would have sold my shares, invested elsewhere and wouldn’t hang around here posting negative waffle daily as though I were paid to do so.

I’m directly quoting exerts from company news and providing links so the reader can - with their own eyes - see where I’m getting my information from.

Most of the posters I take issue with, including yourself, post negative, emotive, factually incorrect statements about company operations - that I am actively showing, with evidence, to be incorrect.

Sure though Jezzoo, the poster who provides evidence is the problem, not the other guys who play it fast and loose, they can say what they want regardless of the facts…

Forget about the evidence, I guess as long as they recommend each others post then we can all see who’s telling the truth… right?

“In Morrocco, exploration will continue while Government approval is obtained to redevelop the Amghas mine and construct a floatation plant”

Reference: https://www.lse.co.uk/rns/XTR/fundraising-for-1632000000-r13pf1l7vjv9fpn.html

I don’t understand what else you’re expecting them to tell you at this point in time when clear guidance has been issued.

In a nutshell re Morocco: We have funds, exploration continues, awaiting government approval for mine construction.

Once government approval is given, mine construction will be next and THAT will be the news.

It shouldn’t take a ‘dear diary, today I looked at my emails and just to confirm, nothing back from the gov mining office today’ every single day from Colin Bird so you don’t forget all other previous company communications and just start making up your own rhetoric as to what’s happening?!?

Again, it’s not that hard to get your head around.

Placing has been (imo) well received by the market demonstrated by the circa 50% rise - post announcement -back to pre placing levels, some of those funds are going to be used to develop Silver King, some will be used to develop Morocco. Rough timelines have been given. Some timelines can’t be given as there are factors beyond XTR’s control that are a part of said timeline I.e government approval.

Pretty straightforward and it’s beginning to feel like some of the posters here are deliberately misrepresenting what’s been communicated from the company to its shareholders.

Microcap suggested there are no timelines and seemed exasperated about the lack of knowledge about what’s going on with the project(s).

I showed them the exert from an RNS that explains what’s going on with the project.

I’m not sure what’s so hard to grasp Jezzoo.

Microcap: “There is of course the possibility that literally nothing has been done to advance any of our assets - and that would be a plausible reason for no news.

Given there are no definitive timelines for either Silverking production or Antimony circuit creation, the silence only stands to be further amplified. Can anyone seriously suggest that after a £2m fundraise nothing of any material nature has been achieved on any of the portfolio at all?”

If you look at the RNS, perhaps you wouldn’t feel like you were being “kept in the dark” as it quite clearly explains what is going on with the project(s) and gives guidance on rough timelines:

XTR: “Executive Chairman Colin Bird commented: "This fundraising has been initiated in order to enable us to continue to develop our mine project in Morocco and invest in our joint venture with our partners in Silverking in Zambia and in particular, to complete construction of a processing plant at Silverking whilst continuing with exploration on the general licence area. The Board expects that the Silverking plant will be commissioned and mining start in 2026 to take advantage of current copper prices. In Morrocco, exploration will continue while Government approval is obtained to redevelop the Amghas mine and construct a floatation plant."

Ref: https://www.lse.co.uk/rns/XTR/fundraising-for-1632000000-r13pf1l7vjv9fpn.html

Microcap, for clarity, when I said it was a “well supported placing” - the SP dipped to placing price and then was bought up by the market to a point where the SP is now around pre placing levels - a rise (admittedly after a fall) of around 50% from circa 0.6pps back upto current levels circa 0.9pps.

I.e. well supported.

I said this in response to another posted stating that the share price was “flatlining” and the market has shown it’s not interested - which is clearly not the case otherwise we’d still be hanging around at placing levels at 0.6pps.

Don't let the easily verifiable facts get in the way of you "giving all the potentially new investors the real deal" though...

"Judging by the SP (flat lining Haha) the market isn't on the same page and buying into this imminent multi bagger."

...flatlining at only a circa 50% rise in the SP back to pre placing levels since the clearly very well supported placing back in November.

If only the company had communicated what that money was going into instead of keeping us in the dark...

"The net proceeds from the Placing will be principally utilised by the Company to advance its Silverking copper project in Zambia and the Amghas antimony project in Morocco with the objective being to create small production units to start the generation of cash flow to help scale both assets in the future."

Ref: https://www.lse.co.uk/rns/XTR/fundraising-for-1632000000-r13pf1l7vjv9fpn.html

Ben, between this: https://www.lse.co.uk/rns/XTR/half-year-report-i9cu219e4y9ou39.html This: https://www.lse.co.uk/rns/XTR/silverking-project-phase-2-drilling-update-6n167evqb771cue.html and this: https://open.substack.com/pub/thatstocksguy/p/xtract-resources-349?utm_campaign=post&utm_medium=email

I'd argue we have A) clear company communication outlining the state of play of operations including various timelines and B) a sector 'expert' giving a reasonable overview of the company, clearly written from digesting the very same RNS's you or I have access to.

I'd suggest that if you've read the links attached which include direct comms from the company and professional insight then you would understand the company timelines. The 'lack of news' does not equate to lack of progress, as you are suggesting.