Sharetalk interview2 Mar 2021 17:33
Evening all, just thought I'd transcribe some of the key points from todays interview:
@4.30 mins: “lets just simply Imagine a cube, 1000x1000x1000, turn that to cubic meters and multiply by the specific gravity of around about 2.7 - that’s a whopping great piece of rock, so I think we’re past ‘is it big / isn’t it big’….”
@5.45 “These things aren’t cubes, these things are generally cylindrical, I see on the board they’re talking about multi porphorys, I can’t help but agree with them - we’ve seen several different types of apparent cores, so if you get different types of apparent cores by definition you’re probably talking about multi porphyry systems, so, Zac, it’s certainly big…”
@ 6.50 mins "Interestingly this is looking big enough to be able to fly on copper, so you can imagine, if the gold, when, lets all say when (chuckles) , when we prove that the gold is present in sufficient quantities then that's going to enhance..."
@ 8.28 mins “we’ve got a nice portfolio.. good lord when that Manica Project comes in it’s going to be producing nice earnings, as is the the associated alluvials and smaller hard rock situations, as is Zambia with its’ copper projects, so it is a kind of conglomerate.
@ 9.00 “(Laughs at Zac) I wouldn’t say there’s 4p for bushranger, you’ve only got to go across the road(?) and look at Boda who’s our next door neighbour - and our geologists are convinced we’ve got a better subject than them - they’ve got a market cap of 400m (corrects himself) 500m Australian dollars.”
@9.35 re bushranger “Recognise that it would transform any company, in Toronto, In London, in Australia - What we’re talking about here is not just another discovery, we’re talking when we talk bushranger, we’re talking about, like I say, this is the Melbourne cup, and we’ve got a front runner Zac.”
Ref: https://www.share-talk.com/colin-bird-executive-chairman-xtract-resources-plc-xtr-l-interview-10/#gs.uzeudv
Sign In
Follow the stocks
