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Dani how many shares do you hold ?
Just a tad lol
"Only thing it cost XTR was extra time before they started earning 23% of 123kg gold at AIC of $ 700 oz in Q123."
No Dani, it has cost XTR shareholders a lot more than just time as the market knows your statement is just not true. You really should stop confusing what you would like to be fact with actual fact.
Dani... I know nobody has mentioned this before but we don't know any figures for what we are earning. MMP are controlling the production and we are to get a share of the profit (not production) that they chose to declare. I believe the delay in us being told what we are actually earning is down to a difference of opinion between Joel and what MMP people are saying is profit. Clever accounting on their behalf would easily transfer some of that plant cost onto the operating cost leaving less profit to share with us while still owning the plant.
I think Dani is hoping that one day Colin will pay out regular large dividends. I just don't ever see that happening tbh leaving a SP increase as the only way out for a lot of underwater investors.
I can see the headlines now.... "Team Dani Share Small Fortune Secret"
... the inside pages explain that you start off with a big fortune and stick it on XTR lol.
Dani, to what purpose is this close knit team being assembled for ?
Dani will know the situation better than Jeffreys Henry LLP.... why should she ask them ? Get with the program Jezzo....
Andmillsy... I think that too. I hope this is not yet another "celebrated" Colin deal that does less than we were led to believe for shareholders while third parties benefit. That seems to be a pattern with his deals.
The suggestion that a chairman's guidance should play no part in the decision to buy, sell or hold shares in a public quoted company is quite bizarre.
BizzyLizzy... do you hold XTR shares ?
Dani... the problem is the market has not reacted as it is waiting for results to match what Colin has been saying they would be. The SP is indicating that what Colin has been saying (100kg/month) has yet to be shown by fact. We dont know what that supposed production will actually be or what that 100kg is based on or what the derived £ will be. Colin seems unable to give figures that are not opaque. I do get that he chooses to be opaque to paint better pictures but the market needs solid factual figures.
Dani... yes totally agree. Its the lack of said results which is of concern.
How come you picked BizzyLizzy Colin ?
For me, the fact that Colin tried to blame the shareholders for not understanding what BR was in terms of tonnage and grades, highlighted the reality that he blatantly misled us from the off. The fact he continued to do so shows he was never interested in getting a decent return for shareholders (except the few in the know who forward sold maybe).
Howezap... can I ask... did you invest in XTR because you thought BR was a 2m ton economic resource or some other reason ?
Howeap... If by "failed PR strategy" you mean the company is unwilling to publish by RNS the true position regarding BR and the Zambia projects, then you have to ask yourself why is that ?
Imagine if it was reality that BR was actually an economically viable Tier 1 copper project and not Bird Figment, or that it was reality that Manica was generating $12m revenue for XTR and that too wasn't just a cheap sales pitch. Imagine too if Kalengwa actually gave shareholders something and Eureka was worth something to shareholders. Imagine if after 4 years+ of all the diversified deals the SP actually increased to give shareholders something to cheers about. Imagine if the company had actually managed to strike a deal which actually gave shareholders a return.
Diversify the picking of duds ? You can hardly call the fails as a successful diversifying strategy.
All the deals have amounted to a SP of sub 2p... quite a lot to do with current wouldn't you say ?
Your kidding right ?