Member Info for Joeman1

I think using 20% inflation could be described as Uber Conservative when it comes to our value.... or is it uber pessimistic when it comes to the basket case that our world is becoming?

I think using 20% inflation could be described as Uber Conservative when it comes to our value.... or is it uber pessimistic when it comes to the basket case that our world is becoming?

I dont see why this has dropped. Q1 are always lower numbers. I'm not too bothered on the wording of the statement on Fairbride either.

It would be an opportunity to now start adding more Fairbride pictures to the website. The videos of the mill turning..... dirt being added to the plant....gold evidenced on the shaker..... and personally I think it would be good to repeat the photo opportunity from first Alluvials production. Namely pictures of the early Dory bars and Colin holding them.

Also modifying the project synopsis on the website to show visitors to the website that this is now in the production phase.

Cracking effort Andy

What a muppet..... thats the easiest filter decision I've ever made

Market response is very difficult to fathom here. Having just dipped my toe at the start of this week.... these couldn't have been better first & second RNSs for me.

..... with copper being the Apex commodity due to electrification revolution..... its the one that is needed in all from production/generation/transmission/storage/end user(eg EVs).

We are in the right space to take advantage imo

Should we be thankful? XTR is my only share currently still blue.
What a day on the markets

They do state them in that pdf (Gf, BE, DL), so maybe a little disingenuous to suggest there are 3 that they are looking at (since only DL isn't already being worked).

Looks like I'm wrong in expecting 3 new ones.... I'll get back in my box .....lol.

Ant, I don't disagree with any of the information you state and btw that is an excellent summary at an ideal time for everyone here. I.e. we are going to be getting quite complicated quarterly revenue reports going forward and I doubt most of us will be able to decipher them.

My point about the 3 areas referred to by Empress is that they talked about 3 areas that they were looking at with MMP. I dont think they would say that if they were talking about 2 of tge areas being worked by other contractors.

Add that to Colins statements about their being so many things to look into at Manica with nobody fully understanding the geology of the area and their agreement with MMP to explore more sites to identify more feedstock for their new plant.

I'm sticking to my "hope" that Empress were referring to 3 areas not yet stated.... and my hope that they are on the XTR licence .

Exciting times .....

He stated the lower grade dirt that is being processed first to "fill the nooks and crannies" in the equipment was identified as they stripped back Fairbride to start building a stockpile of feedstock. So it won't be from Guy Fawkes or Boa Esperanza..... they are both being worked under a separate contract by different contractors anyway. I cant see how they can now start feeding the MMP plant.
I'm hoping the 3 areas of interest are 3 new areas

Empress might have an agreement based upon the processing plant .... their funding was to get it up and running anyway......

So any further finds that the plant processes is probably their follow on revenue.... but as you say.... doesn't affect our cut.

BE and GF are already being exploited by a different contractor.... im hoping its other areas yet to be drilled..... but still under our license.

Would love to know more details though

My opinion is (and a lot is speculation) that the 2 extra Racecourse holes aren't 100% required. They will add definition im sure but I think the underlying usefulness of them is to give us a reason to delay the decision to mine by a few months. That allows us time to probe the rest of the area as well as improve understanding of Ascot. Remember as soon as that buyback is triggered, the clock is ticking so they want the story straight before negotiations start.

On the shallow drilling to pinpoint the higher grades near surface, that is to better define the CAPEX payback period, shorten it as much as possible (reducing risk) making the project as attractive as possible. It will be easier to sell a project with a lower cutoff if the buyer is sure they can payoff the the CAPEX early while PoC is high....

Just a thought.

John.... just in case there is confusion.... near surface may only be 6 or 7 years... but open pit will be the whole of the model.

It's confirmed that the interview was yesterday. The Roast guys were just busy editing it...... they suggested 8 to 9am for release today......

Can this really be Bezant rising on good news from Cyprus? Have the Avengers defeated Thanos? Has Dumbo learned to fly? Has Delia Smith burned some toast and overcooked an egg?

Whatever it is I'm glad to see it.

I think on XTR at this precise moment a Crux interview would work (assuming Colin has his timescales straight).
Matt is very good at challenging hyperbole and fluff, which is a big % of any explorer. But XTR revenue has been building in Moz, the Manica contract is undeniably "imminent "..... and the team working on Bushranger are experienced and well regarded and the buyback clause contractually tight..... so lots of hard facts for Matt to drill down to.

It's the hard facts that are build on marshmallow that Matt has an uncanny knack of dissecting....

I dont think Colin would do it though.

Not exactly Kipling..... but its got its own meter

I really like how this company is conducting itself. I'm currently a little underwater (just a smidge) but I have no doubt this will be a success.
Surprised there isn't more discussion on here about how well things are going.