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Arguably the BR project is much higher profile than historic projects/deals that have failed to deliver. Surely if the agenda here was to ramp this very hard with no likelihood of delivering shareholder value, then that would be Colin's reputation trashed? Maybe he sees something like AFP to be his main bet such that XTR is not as important to him as it is to XTR shareholders? He only needs one from his stable to hit the jackpot which could minimise disappointments elsewhere.
Does he think like this ? Possibly with smaller projects/deals... but I hope that BR is too high a profile for that to be the case.

It seems the next significant too good to miss once in a lifetime opportunity is commonplace in Colin World lol

....." I would be most unhappy if XTR changed strategy at this late stage in the game and started down a very long path in search of more jam tomorrow. "
I agree with this statement 100%. My concern is that we may never actually be in the loop if things get spun out here. We have been told that Colin would work towards shareholders' interests here but we won't know for sure that is the agenda here until we see evidence of that. Will the revenue from FB provide a much needed lift in the SP or will the market conclude that the cash will not be spent to the benefit of shareholders ? We just dont know. FWIW I am not one of the "SP doesn't matter" brigade.... Unless a special dividend style payment is made to shareholders the SP is all that matters.
A fair few PIs put their money here for the promised Bushranger strategy as advertised extensively by Colin. He knows that. He also knows that if things haven't gone to plan then the market will not look kindly on that. So I have no doubt we will be kept in the dark if that is unfolding. I choose to keep invested here as even if a fraction of the early assumed reward comes our way it is worth it IMHO. If Colin announced he was taking XTR into the jam sandwich business, and that lifted the SP to somewhere between 10p and 20p, I would be happy. How the SP gets its lift is irrelevant to me, but what is relevant is the belief that Colin will act in the interests of shareholders and not some fancy deal that excites the non shareholders or mining technos. Hopefully we will start to see the wood soon enough.

Thanks for replies

Steve4077... can I ask... what is your SP target here for your investment and what have you read in the RNSs that makes you conclude that target is reasonable ?

Were not all those "its big Zak" interviews designed to encourage shareholders without 30 years exploration experience that there was money to be made with Bushranger ? Or were those interviews all hot air and over excitement ? Nobody plans to invest in over promise, but the point is, over promise is not perceived as such at the time.

5. News that Joel has put the old MozGold plant up on Ebay...

SteveFrappe... I feel the chance of moving on the resource for around 20p has come and gone. The original declared "quick sale with a bow on it" and the interviews created a sense of possibility. However having been a shareholder for way too long here my gut feeling now is that the chance of doing so (along with other XTR opportunity nugget misfires) has gone. There has also been a change in tone from what seemed like nailed on confidence in the resource from Colin to something less inspiring.
I would be surprised if the spike price in the SP of around 9p is achieved tbh. Hope I'm wrong and am still a large holder here but my experience to date of Colin's XTR is now one of much reduced expectations. The lack of enthusiasm by Colin to keep telling everyone how big it is these days doesn't bode well imho. We will see but I'm not holding my breath.

No

A4444... upstart scallys :-)

"It would be independently assessed by a consulting company. And of course Anglo don’t have to accept that assessment, neither do we"
That would be an indefinite freeze situation which absolutely would not suit XTR shareholders. This idea that somehow we hold all the cards over AA is pure fantasy. If an independent valuation is arrived at, then of course Colin can say no, but it means we are trapped with no way of unleashing shareholder value. If AA put in an offer that aligns with the independant figure then we have no choice but to accept realistically. We will see I believe somewhere between 10 - 20 p. The sooner we can get that and move on the better for everyone concerned.

A reminder regarding the rules of The Alternative Investment Market... There are No Rules (from a real world perspective anyway)

"...... Colin bird has delivered where it ultimately matters..."
Until the SP reflects that view, the jury is out on who the beneficiaries of that delivery have been. Absolutely Colin is no fool... but that doesn't mean he will deliver for the benefit of shareholders.

I dreamt he told the meeting
"look guys... I know what I said about kalingwa.... and eureka..... and yea ok what I said about bushranger too... but this next opportunity really is too good to pass up... once in a lifetime"

The SP is where it is because the market doesn't rule out that in 18 months time Bushranger will have gone the way of Kalingwa and possibly Eureka.

Colin will not say anything today that will provide any clearer guidance than is already being digested with difficulty.

Its an AGM not an investor presentation.

I agree that SP will at some point be higher by xmas even if it is a manufactured spike and fall back. Should be some sort of an opportunity to get out if thats what some want.

And there is the problem... the frank insights have no value to the market.

We might get a clue to SP expectations if any further warrants are issued below the strike price of the last lot. Was that 10p ?
If any are issued below that then maybe that would indicate that expectations have fallen. Rampers please jump on my post one at a time and not all together to keep things orderly :-)