Member Info for Lucky520

Makes sense, but I think the market would respond better to news of cash in the bank over a loan.

Depends on the tax regulations from asset sale. It may not be worth selling all of them?

Hopefully news selling them may cause an increase in Mcap. Along with news of finance sorted.

These are the only two things that will increase share price now.

From my experience at xtract, there won't be any mining at hope for at least another year or 2.

Mining is a slow game and getting fianace in these markets won't be easy. I hope colin doesn't give away too much to the financiers aswell.

The deal he struck xtract for manica was awful!!

Sometimes I think a case of gold must be sent to dubai after these deals.

No gixxer, Colin has the time to read these boards whilst running multiple companies and reply to any negative post, sitting in one of his many properties, paid by us sad people......instead of doing his job! And creating shareholder value, as he keeps banging on about.

Yet while, OSV keeps banging on about shareholders value, all his companies are at near al time lows.

Oh yeah, and slipping himself and his buddies bonuses for selling our gold producing asset, just before gold sky rocketed, as was predicted by many. That was sold to MMP because we didn't have funds to contribute to a sulphide addition which won't happen for many years. Instead we effectively gave MMP the full gold percentage and now there buying our licenses from us with the gold that would have been ours.

I think it's probably one of the worst financial decisions I've ever seen made. Who was negotiating it from xtract? I suspect their family must have been taken hostage beforehand.

Opinion......you work for Colin lol 😆

From past experience bob, I'll believe them when I see them. Unfortunately, no one believes Colin anymore and it's not hard to understand why.

Discounted cash flow would only work with a revenue stream that doesn't have a limited end date.

27p would value us at 230M. We're only due less than 15Million and that is being spent on our employees salaries and exploration.

The only thing that will get this SP up, will be a good discovery, or BR becoming economical and sold.

9m Mcap I think is cheap. Hence why I'm holding out to sell at 1x/1.5x. At that price I see fair value in our current situation. BR becoming economical or silver king hitting larger discoveries, may change my opinion.

I based mine on telling AA to stick their 10p!

How about an incentive to keep their job if they don't get the share price up!!!!!

O yeah, we don't have that leverage, as the board and his chums hold too much voting power.

Your right, stuff the 3p and uppers. Once we get above 2p ill be selling. The rest can sit and hope for more. As it stands, I have 0 trust in the board and 0 belief they care about shareholders.

The only good thing, they all need the share price to rise for them to gain. Just try and sell before them! Which will be hard, considering they have all the inside information!!

I would love to have a list of employee and roast PR share trading over the last 5 years. I imagine, the authorities may find some questionable timely trades.

If it's the first option, then the employees who haven't invested, due to not believing in the company, now have new infomation and want to profit from it.

If the employees want incentive, why not buy in now? They would make more profit. It shows either they can't, due to inside information or just want a risk free option the gain profit from no risk at the exspense of shareholders. I believe it's the latter. The xtract board and employees treat shareholders with complete contempt. Go sit at an AGM and look at their faces. The only one that looks like he has a thread of guilt or conscience is Joel. I suppose he does all Colins dirty transactions.

Another leak? More assays come back? Roast PR getting inside info before the news again lol

Someone having fun? Lol

666,666

Jezzo, I think bushrangers worth at least 20 million. These result are massive and may grab the attention of larger investors. You may see 5p this year. Up to you what you do. I've learnt my lesson and will not make the same mistakes.

$450 per tonne rock.....nice! 100% rise today?

Great results. Long summer of continued news. Should see us up towards a fair value range between 3-4p. Well done Colin and team.

Copper on the up again. Back to 4.8. Time to start the rns machine again! Lots of projects! Bring it on!

Nice buying today. Copper high. Time to get finance sorted and start building a mine. $80M revenue per year. This will muti bag over the next year if this get moving!!! Come on Colin!!