Member Info for LittleWing

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 ?

No reasons apart from the MozGold deal, Eureka, Kalengwa, XTR's share of Manica not as promised, BR being Tier1 not actually being Tier 1 .... ermmmmm, ermmmm, apart from those problemets no reasons for us not to be confident that there isn't any can kicking going on or for us not be confident in share holder value actually being delivered.

Its looking like the "separation study" was nothing more than can kicking. I feel its ever more likely that Colin will be hoping BR will slowly fade away along with the all the other tier 1 dreams he promised.

Could it be that the much predicted increase in price of copper just isn't going to happen ? It has been explained that it will be the shortage that will lift the price. Despite the experts' views, there doesn't seem to be that shortage evident yet. Of course if by 2030 everyone had no choice but to drive around in EVs then there would be a shortage (unless another technology came along). Maybe there will just not be the seismic shift to copper usage as the shortage (and price lift that would cause) is not considered worth while. At $15000/ton, maybe the figures just don't make good reading to those with the big money to plan ahead like that. Its possibly a bit of a catch 22.... at todays prices the EV /green movement will see copper usage balloon, but at the prices the shortage would create maybe not so ? It could just be that the unavailability of copper in the amounts required will see that it just wont happen any time soon... if at all.

Dani.... we wont be able to know what revenue (£/$ not ozs) we will be getting from FB until MMP announce their profit from FB. We are on a profit share not a share of production as are Empress.

"Just wondering when the markets will realise the real position at Xtract through the Manica income"
In interviews CB claimed the monthly share to XTR would be 80-100kg. Empress figures show around 40kg (from Q1 2023 production). The markets have probably already realised the "real" position.

XTR's decision to mine only has to be based on economics that work for XTR. Those economics may well not be what AA would consider attractive. Nothing says our decision to mine has to be based on economics that they as a major would only consider if they owned the site. XTR may well show that the economics work even though AA may not find the margins large enough for them.

If the pre-concentration study is having the desired effect on the economics, do you not think that information should be made available to shareholders ?

He also said the decision to mine and the 2 mT was one and the same thing. People invested on the back of his ramping.

That explains a lot. I see a big onion. Now its a carrot. Whoa... its turned into a big cigar...

MaBaker... could you point me to any rns or media presentation that gives us 30kg gold monthly ?

MaBaker... do you still believe FB will give us £12m annually ?

When Colin has been vague it usually means the correct interpretation is the one that least suits the shareholders.

Its the trashed SP that people have got hung up on.

When will it be a tier 1 ?

There's a plan ?

We are almost in Q2 and its 2023. Colin still wont tell us what revenue we are getting from FB. I will consider it a positive when we are told in an RNS that we are receiving the revenue that we were led to believe.

Listen again at 9:59 mins. Clearly can hear "towards".

Re FB...
"producing gold towards the rate we expected"
That word towards tells me we are not getting what we hoped for.
RE BR...
"I'm sure we will see copper at 10,000"
Looks like we need it at 10000.