Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Agree with a lot of the posts!
My concern with talk of higher copper price is, you have to also consider the cost of capex, opex and inflation. Its all well and good saying that at $10,000 copper price, BR puts out great profit (Colins words at AGM) but at what price of extraction have the calculations been made.
Once we get to a sustained copper price of $10,000, that the majors accept as a base to evaluate a project....what will be the opex and capex, and said time!
$10,000 copper may not mean the project is sustainable at future capex and opex cost when $10k copper is considered the norm.
This is my main concern and until the official reports have been made public, we can not make an informed investment decision.
Andrew4444 Said I was a weak holder for selling, doesn't look like a weak decision. Actually after holding for so long it's quite a brave decision to sell. Looks like I was right. Could buy back in what I sold, think I'll wait.
Recession coming, copper inventory increasing, copper price tanking. Experts sailing a 3 million surplus in copper in 2024.
Looks like xtract chance was missed by many of us. Maybe it will come good in 2025. Hopefully us real xtract investors will be paid for the long suffering years!!
If you would like to see what is really happening, how about working out what share of the company colin bird amassed over the last 6 years and then correlate that to how my share of the company used to be around 1% and before I sold some after the agm it was closer to .5%.
Over the last 6 years of creating no value, colin has slowly gained more and more of this company.
And it's not just this company, all his companies are the same.
Bushranger will be sold on for good profit when colin has slowly gained as much of the company as possible and then he'll retire and take his pay day.
I spent some time reporting her posts last week. That's what got her removed, it was at her request i assure you.
Just spend some time reporting her and she will be removed again. I found it is best to leave a comment on the report.