Member Info for LittleWing

"Was fairly obvious to me"

yea me too :-)

Howzap... thats not the first time Dani has tried to claim FB would be giving XTR 12m a year profit and the heading XTR example is quite clearly implying "here is an example from XTR".

Sometimes howezap you try to defend the indefensible but this time you are stuck in the hole with Dani.

Dani... you know what you did and I know what you did. You didn't say it was an "EXAMPLE TO KEEP MATHS EASY".

You posted as if it was a real example of the growth forecast that you were wishing for.

After you were pulled up on it you came up with the "EXAMPLE TO KEEP MATHS EASY" to try and dig yourself out of the hole you dug for yourself. Problem is Dani you have nowhere left to stand in that middle of the field as you have dug holes all over it.

Dani.... that was a shameless ramp and you know it. You have previously claimed XTR would be making £12m a year profit from FB. Now you are not only sticking to that claim but you are trying to claim that Kukuyu (?) will soon be making the same ! You even state it is an "XTR example"

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XTR EXAMPLE

MCAP £12m

Currently making £1m profit per month

So Rolling 12 month Yield is 100%.

In 2 months time Kukaya brings in £1m a month profit

Now forward rolling yield is 200%.

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You really have to stop plucking imaginary figures out of the air and then trying to design a forecast around that wishful thinking. You are not doing shareholders here a favour by doing that.

I would take 5p now tbh

Dani... "Nett profit Margin is 42.3%"

How much of that reaches the XTR bank account ? We hold shares in XTR not the subsidiary.

Howezap... are you OSV ?

Is that what we should be saying OSV ??

Gold revenues flowing from our Manica operations. Over 1 million tons of contained copper at Bushranger. An experienced hard working board delivering value for shareholders.

Howezap... what I'm saying is I believe Colin "precisely lowered the cutoff to increase the resource size" !

Howezap... The original resource was 0.3mT. How is 1.3mT x8 the original ?

OK let me ask another way... The original resource was 0.3mT at 0.3 cutoff. What size would that have been increased to if 0.1 cutoff was applied. The original data was and is available. If no further drilling was done (at a cost of £10m) the original resource would not be far short of the current 1.1mT (0.2mT is from Ascot). I suspect we spent £10m on drilling looking for something that was not found and further suspect that the cut off to obtained the new JORC was published to cover the failure of finding whatever it was that Prospect ore convinced Colin was there.

Howezap.... What did that £10m cash raise achieve at BR that applying a 0.1% cutoff to the original JORC resource couldn't achieve ? What is the extra value that has been added ?

Howezap... thats the whole point though. Colin felt the need to do something which caused the rerate down. He chose to dangle the 2mt carrot, not because he believed that shareholders would end up with the value of a 2mT resource but because he knew they would be gullible enough to swallow his guff. He believed that dangling of the carrot would pump the SP spiking it to 9p regardless of who got burnt in the process. Honestly tell me who actually benefitted from that "management" ?

Gixxer.... I dont think so. I really should but I honestly dont feel that me being there in person will change anything.

It would be nice to have clarification at the AGM that we are not subsidising those royalty payments.

The "possibilities" given were circa 100kg + for FB. Im fairly sure 100 -120 Kg but I will try to find that podcast.

He definitely did not say 50-65kg a month which is what it looks like we will be getting.

What revenue xtr's bank account will see god only knows. Colin has not been transparent and the "he can do no wrong" crew on here know it.

Colin must give clear guidance at the AGM as to what shareholders can expect now with BR. How can anyone invest here with the uncertainty of BR overriding anything else XTR does ? Kakyyeowee or whatever its called is all well and good but not what people will come to XTR to invest in. manica is now providing revenue at last which is good but it is NOT at the level we were told to expect. So some honesty at the AGM is required now.

A realist howezap... a realist. A realist with a good holding ;-)

A4444 that comment was not aimed at you !

Its the rampers who claim to be buying that I would be wary of tbh