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lol I assume you mean 700-900k rather than 700-900m?

Unlikely that someone has either bought £700m-£900m or indeed 700m-900m shares XD

Appreciated :)

Jollyspeculator - do you mean you wanted to highlight as well as recommend or have I missed your meaning of that post?

Indeed it is CE - good to have a re-listen, thanks for posting.

My frustration is that you seem to be happy to play the armchair expert giving a company valuation, lowballing all of the other projects but you're not happy providing any sound reasoning or calculations to back up your statements when challenged?

"Neither does your deemed valuation ... Just one driver for me ... SHARE PRICE"
- Share price is dictated by market cap which in turn is dictated by the valuation of the ALL of the projects within a company combined, hence my issue with you talking down the other prospects that make this company exciting.

As I said before, do what you will, it's your prerogative - it's 'your money invested'.
I'd appreciate it, however, if you don't rubbish our other prospects without knowing what you're talking about.

"I obviously value XTR in a different way to you .. Which is fine. No right and wrong answer."

I do not agree with this statement, there absolutely is a right and a wrong way to value a company, it's business!
For your to say there is a maximum value of £30m for all of the other assets XTR have progressed is the 'wrong way'.
You assign little to no value to the mcap for income from multiple projects (current + imminent + future) and seemingly little to no value for our other potentially large copper assets in a rising metals market.

Do what you will re buying and selling based on the Australian asset only, that's your prerogative as an investor, but don't post a suggested price cap for projects you clearly do not understand and cannot justify.

I'm still waiting on your valuation for the other projects to justify a sub £30m mcap.
Since you 'value it in a different way to me' and if you're to be believed (which is questionable) 'have just over 7m shares' (£450k+) in here surely you have some workings on project metrics/valuations?

Ps. I agree with you re Bushranger being the "lion's share" as you put it, but In my view you're effectively ignoring everything this company has been pushing for over the last several years prior to the Australian acquisition in the middle of last year.

This company is not a one trick pony as is the view you seem to be trying to push.

You're suggesting a maximum valuation of £30m for everything else XTR has on the table - so show me your workings.

Bitcoinbuyer, I'm confused as to how this is your 'biggest holding' yet you don't seem to understand any of our projects or their value. At it's maximum you're suggesting 3pps (an mcap of circa £22m) to 4pps (an mcap of circa £29.5m).

To give a brief overview:

Manica Fairbride hard rock: “Xtract will receive between 20% and 23% (dependent on prevailing gold price) of the hard rock after tax operating cash flow”
N.b. production will be circa 30k oz pa
Also has a buy out clause: “· An amount equal to 80% of the net present value using a discount rate of 15%; or
· US$20 million”
Ref: https://www.lse.co.uk/rns/XTR/manica-hard-rock-collaboration-agreement-ghoo8qdt7s68ji6.html

On top of that we have:
- Manica auxiliary hard rock production(Guy Fawkes/Boa/Dots luck et al) being shared 50%-50%:
“Excellent gold intercepts at Dot’s Luck include:
- 11m at 6.53g/T Au including 6m at 10.41g/T (DLD18)
-13m at 3.88g/T Au including 2m at 14.26g/T (DLD19)
Excellent gold intercepts at Guy Fawkes include:
-2m at 11.15g/T Au including 1m at 21.96g/T (GFR03)
-3m at 2.35g/T (GFR04)”
Reference: https://www.asx.com.au/asxpdf/20131127/pdf/42l5b7g6bfykxh.pdf

- Manica Alluvials (multiple contractors)
- Zambian copper assets (exploration and production)
Ref: https://xtractresources.com/projects-operations/

How you suggest this company without our Australian asset(s) is worth only £20-£30m is beyond me.

Maybe you'd care to share your workings/valuations for the various projects so we can all see you justify your statement?

It's certainly a good time to be in a small cap company with the potential for a huge copper discovery - Mcap's get blown out of the water on the right news.

Bitcoinbuyer: "With the best will in the world without Bushranger fully producing African assets we are 3 to 4p a share max"

You clearly have a very poor grasp of our other assets if you genuinely believe that statement.

.... just under a week, some would say ;)

Some of us have more than enough shares from realising the other assets made this company incredibly undervalued when the SP was between 0.5p-2p... ;)

IWantThatOne - Colin Bird has been clear from the off that the plan with the Bushranger is to drill/prove it up, ‘tie a bow around it’ and sell it.

Wouldn't be surprised to see it go either way tbh Jezzoo...

Certainly looks like we're off to the races....

Ahhhhh second time today I've jumped the gun.

It's price monitoring...

.

Indeed CE - Although for positive reasons the imminent 'threat' of RNS's have me a little twitchy atm...

ahhhhh... false alarm, Exercise of Warrants.

.