focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Just to add to the situation...lol
..... if we were now to declare talks with AA, like Colin had suggested.....would the SP be where it is now even with all the other economic and geopolitical problems?
I believe that it would be substantially higher but not as high as it would be without all the problems.
So i believe the majority of the drop is down to Colin.
Was the 10% drop the other day due to the world problems.... or the news release.
Agree gixxer, I know I have been angry lately and it's not that I don't believe In the company or bushranger or even Colin getting us a fantastic deal when selling BR. I think we will all make substantial gains but for God sake stop telling us its soon or next month etc
If it's going to take a year then say that, if its going g to take 2 years then tell us that!!!! And if you do t know Colin.......then don't say anything!!!!!!
https://m.youtube.com/watch?v=h0nLuf8KREQ
Actually, if you listen to the Alistair ford interview with the benefit of hindsight, he's spoken more truth in that video than Colin had to date.
Remember, commodity prices were not as high then as they are now.
He said any meaningful revenue from manica would not come for quite some time..... he was correct. He said manica revenue wouldn't fund extensive exploration...... correct again it hasn't and only with the commodity prices increasing will it now help fund bushranger.
It didn't fund the nearly ten million spent to date!!
I vote to have aliater ford be interviewed from now on!!! Why? Because you won't like what he tells you but he will be honest!!
Don't worry guys, we are all in the same boat. Non of us can sell any quantity of shares.
Turn up at the AGM in 3 Weeks, there's no security there either BTW. We can find out how many lashes the board are willing to take?
The good thing I keep telling myself is, it must be worth drilling if we are going to spend our millions from fairbride on it!! Because if bushranger doesn't turn out to be all that, then we will have no value for shareholders.
Colin must be going for one last whorahh, but I warn you and everyone else, tomorrow is promised to no-one....... so don't take too long as some of us might not see the value!!
· A Phase Three drilling programme is under consideration, with aims to;
o define the shallow, high-grade crown in the centre of the Racecourse Prospect;
o identify the extents of the Ascot Prospect;
o target the higher-grade gold intersections at both prospects, especially at shallower depths;
o drill test satellite IP/geochemical anomalies
I point out the last one, looks like I will be seeing a few of you at next year's AGM too.
Now is it because we have a cadia? Or we have to keep looking for more to make this actually sellable? I suppose we will find out when the new model arrives. I've felt a long time anything under 1.5MT from racecourse will be seen as a negative.
Not a very inspirational read. There's a a fair few weak and moderate words used. It also says they will sit back and take some time to evaluate lol that to me says we arnt getting the new model before the AGM.
Let's hope it's just all delay tactics because Steve is right and we can't declare 2mt as we will lose our potential cafia......I really hope your right Steve.
No-one here actually knows what's going to happen. As far as I see it, as a layman, it seems extremely unfair to sell some licenses to another explorer to then limit to amount of resource they can achieve. Like someone said before, we can declare we think we have more than 2mt but will that trigger the clause if it's not in a jorc?
It says greater than 2mt and doesn't state a time limit.
Anglo have a time limit once we trigger the clause, doesn't say when we reach 2mt.
Maybe let's ask Colin at the AGM to give us a copy of the contract so we can all find out!!
Steve,
At the AGM last year, Colin said that AA cannot approach us, we have to go to them. I don't believe declaring 2mt will mean we have to stop exploring and approach AA. All the clause means is we can't sell to anyone else or start mining it without given AA the chance to buy at fair market value. (Simple as that....... I think)
So let's declare 2mt, get the share price to 15p, keep drilling ascot and footrot. That gives people like myself a chance to take out so much needed money out and then we can be patient shareholders again. :)
Filling thier reserves while prices are low even though they are in a "covid" lockdown.
It's called 'market manipulation' and its on a massive scale, only capable with a dictatorship controlling the largest population in one nation.
I have no problem Steve I have been here a long time and am sick to death of people telling me everything is OK, just be more patient, don't worry etc etc.
What do you mean by the sale of Xtract?
Do you know something we don't?
Are you close to Colin?
I thoughtwe were selling bushranger, not the whole company?
Naughty gordie, yes I too think it's great to have his investment company involved but.......... are they still invested? The SP rose up to 9p when they initially invested, it slowly dropped afterwards. Was it them selling?
We do not know!