Well they should be here in the next four weeks!? Seems to have come around fast due to the incredibly late result prior. Rainy season is over by the sounds of it so 2nd quarter will be due on july along with the new production specified to start in July. Hard rock news to come and hopefully hard rock production to start somewhere between July and December. All looks promising if he can finally deliver.
RE: Colin Bird, Executive Chairman03 Apr 2020 11:01
Because there was no mention of manica or hard rock I assume Colin asked not to mention them as he cannot answer any questions due to a current deal going on. That's the only reason I believe he hasn't mentioned it! If there was no deal being made and we are going ahead with the deal we have then he could of mention the progress or something. I suspect we will hear something on the hard rock soon.
RE: Expected detailed report to be tabled01 Apr 2020 09:40
It's not going to move the SP. Just another set of drill results, you still need to get it out of the ground. That's why it's not moved. It may have moved the SP if it was unexpected good news but it wasn't it was expected to be hard rock news and that's why it's been taken so badly.
There is only a couple weeks left of the rainy season on average. I suspect there will be more news to come shortly along with the hard rock news. I think this was a smoke screen due to not releasing the news expected. Maybe they are hammering out a deal with MMP which is the reason for the delay.
RE: Expected detailed report to be tabled30 Mar 2020 11:22
I think we will as he gave such a short time deadline. It would be ridiculous to give such a short time unless he has already been working on it. I hope he doesn't miss his own deadline as the SP will drop if he does. Not that it had much further to go lol
Only good thing is they seem to be getting hoovered up. Only two days left for the news to be released on time, Mon and Tues. Gold looking strong at the moment. Ive loaded up on the basis it can only be good or average news. Hope it's good as if it's average I assume this will drop as a lot of people including myself are thinking this could be a great RNs.
I also hope this persistent seller is nearly out of shares! By my rough calculations, they have disposed of we 1% of the companies share in the last couple weeks. I'm not on premium so can't find out when they started offloading these chunks. Anyone on here have that info and the time to work out how much they have offloaded? Cheers
Also, reading back at the original kelengwa RNS. Xtract started a simple ore sorting program for a period of 8 months! We are coming up to the end of that and I'm wondering if in the detailed report we are getting soon, they will inform us on how we have performed there.
That made no sense sorry! I was thinking it and not writing it lol. KPZ were issued the share in January and have to wait 6 months to sell up to 20% of their holding, therefore it can't be them as they will have to wait until June.
No debt, revenue soon to increase and operating costs are low. Possible deal to be had too. No wonder there is no stock available. Gold also looking steady and increasing. Now is the time Colin! Release the news!