Member Info for LittleWing

Anything for shareholders in all this ?

XTR not in the list despite being pushed a little by the Sunday Roast interviews last year. Not exactly a vote of confidence.

It reflects badly on them. Just so long as they get that when money is lost due to Colin over promising on their platform.

Since they have more background information than most it will certainly send out a big message if they have felt it appropriate to not include XTR at around 2p considering they were more than happy to tip XTR at much higher SP only a few months ago.

The resource announcements are a "where we are up to" amount... a what we have so far. It can only get better. The pit study will be a "look what is possible here" study. It isn't going to be a grand total (so whats it worth) paper. Encircling with a JORC what we have so far was I believe meant to prove to anyone interested a factual amount of whats in there. As to why the market isn't getting it is beyond me and obviously leads to doubts but i still believe we will see a SP rerate sooner rather than later.

ZM it seems jumps to several incorrect conclusions. He needs to grasp that everything that Colin says will happen may not actually happen. To label anyone who points this basic truth out as mere salary fodder unable to survive in the world without ZM's heroic entrepreneurs, is possibly the most rudest post I have had the misfortune of opening in my time as an XTR shareholder (well lets leave Spacemen out of it for now lol). If XTR shareholders eventually see a return maybe it can be said that expertise has been used for their benefit. So far that hasn't really happened has it, unless you only consider the few given the nod to forward sell on spikes at cash raise time as worthy of Colin's expertise. I remain a holder as I fully believe somewhere down the line a new spike will be "created" which I'm sure many LTHs will see as a gladly taken exit point. I will leave the glorious failed ventures to our heroic entrepreneur loving ZM.

A4444 thank you for getting that down in words in a way that I was too annoyed to last night :-)

ZM... you nothing about the people you have resorted to personally attack. When you have been invested in XTR as long as I have you may just see that there have been a few to many deals which have not been a benefit to shareholders. Its called experience which sees things for what they are. Passing off Kalengwa as a venture that didnt come good after what was said at the time shows you are not as well read regarding XTR as you think you are.

How rude !

I will take the silence as a clue that maybe a good answer is not imminently available :-)

no go on... try me. What advantage has there been for shareholders with the acquisition of Kalengwa and Eureka. You are probably correct though in that I'm beyond explanation for the MozGold deal so just stick with Kalengwa and Eureka for now ;-)

Perhaps ZM could enlighten us all with what advantage there has been to shareholders by acquiring Kalengwa and Eureka ?

"Has anyone ever asked Colin what is the advantage of having lots of small projects in Zambia spread across his various companies ?"
Lots of carrots to dangle are harder to keep track of by those pesky shareholders ?

I'm not even bothering to learn the name of the new acquisition. I'm assuming Eureka has gone the way of Kalengwa too. Does Colin seriously think that shareholders are to be excited about something which in all probability will be thrown on the rubbish dump pile in a few months ? It seems Colin is still driven by the excitement of acquiring opportunities regardless of whether or not that translates into shareholder delivery. XTR is the mining licence equivalent of the garden rubbish removal outfits at the mo where Zambia is concerned. I still hope Bushranger is not a branching out of that operation.

I've promised myself that I really shouldn't get too excited with these announcements after Kalengwa. Having said that I suppose I should wait and see if it delivers anything.

andmillsy... the transparency provided in the RNS is I think going to be another trust issue here. It seems to be the preferred way of reporting things that leaves it unclear what has been achieved. It irritated me that for example with regards to the alluvial figures XTR and Xplorator were exchanged in the reporting. Or the way the less valuable GF and BE deals were reported as gold produced rather than revenue for XTR. The lack of transparency needs addressing for when FB is finally reported. The market is no mood to give Colin the benefit of any "purposely built in" doubt.

Jezzo... "He seems to think there is some kind of disconnect between the consequences of his actions and the real world.
There isn't."
The gambling world can do that I'm told.

The OP asked for the thoughts of the better informed on here. One of those replies this morning does not qualify.

I get the feeling that Colin pulled rank on this and insisted that those drills were done.

Dani... was the ha ha LW aimed at me ?