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The cumulative fundamentals here seem clearly significantly better than the current market capitalisation.. and even including AIM on its knees and this sector therein more or less the same and allowing a discount for the 'Bird effect' on top too, this would be more fairly priced if it were currently somewhere in the 1.5p to 2p range
IMHO & DYOR
I’ll take that to be ‘You Gent ‘ Cruella.. thanks 😉
I love the ‘topple with Copl’ line btw ..fortunately, in the round - thru range trading the arris off it - that was a morsel at 1.5 k down .. you should have picked Bowleven instead of it .. or better again, any of the 11 that have gone to zero !
( O&G is my thing btw.. kept me smiling roundly through sundry other sector misery .. fortunately.. on the cesspit that is AIM )
I went a smidgeon further than that earlier Mr Bals .. but we’re very much in the same ballpark ..
Again, this is worth at least 1 Egyptian pound a share imho
Good speak Mr Zap... good speak
Speaking of activists; no fear of Mr WOS ever stopping - extremely - actively talking Matd.l s/p up to double digits, Sir .. and thereafter the moon, Sir !
There are more than a few out there that agree with ''Birdie is a waste of time as are all of his minnow largely African-based exploration companies'' Mr Art... BUT
Mr Zap and Mr OSV are not among those more than a few, clearly...
Me, I used be undecided.... now I'm not quite sure..
While I do 'ave a soft spot for the 'ave a go 'ero that is the one and only Mr Colin Bird; the s/p is the benchmark.. and Mr Bird's Co's share prices speak for themselves.
Damn, you once again beat me to the I wouldn't want to be out of this over the w/e, Ben 'owell ..
Its only Wednesday lunchtime... you're a hard man to get ahead of !!
I expecting a new Cruella pricing model is in being worked on as I type this.. steam coming off her laptop with all those macros cogitating / firing out bombshells .. ...
..not to mind the rest of the assets and current / forward cash of xtr.l ........ 5p for this latest RNS alone anyone :-)
This share is worth at least 1 - Egyptian - Pound imho
Only 5p.. you need to get past page one of that Penguin book quickly, Jezzoo, please !!
Gordon Bennett to Gordon Bennett's ramping here :-)
All the same, here's to Gordon's 2p+ by mid April so..
note i'm not offering a year for that April ramp mind :-)
As a shareholder and believer in a half decent turnaround happening here in 2024 my q1 guess might be a bit too bullish I'll offer back to you now, Smalleyus.. I first got to 7,000 odd tonnes q1 24 Invoiced sales and then, on reflection, revised up to 8,000....
Sub 9000 tonnes Invoiced sales may reasonably be defined as disappointing by you, I get.. but from where this co. was at in 23 - in a total mess - any decent turnaround here will be incremental and over years more than months..
PS: The market cap here is still decently under 3 m gbp as I type.. and, in the round, even in a half baked turn around scenario, that feels low to me.. and at 3 to 4 p s/p range I'm looking forward to it's still 7 m ish market cap only.. ( This versus two years ago here when the m/c rallied hard up to 30m gbp plus, which some thought was still too low then, for comparison)
Accepting Invoiced sales will always be at least decently lower in whatever period than placed orders at hmi.l; I'm hoping that a significant amount of the approx 6000 tonnes that were placed orders last year but yet to be invoiced at year end will be invoiced in q1 2024 .. say approx 4500 tonnes of that 6000 tonnes .... and I'll also guess that approx 13000 tonnes of placed order will occur in q1 of which approx 3500 tonnes will actually be invoiced in this quarter...
So Invoiced Sales of approx. 8000 tonnes in total in q1 is my guess Smalleyus
(PS; Accepting q3 as the busiest quarter here as a rule, and that by a good distance too, I'll further GUESS at approx 45,000 Tonnes invoiced in total in 2024.. which, while no more than semi decent in my mind, will be very progressive from - a dire granted - 27,000 ish invoiced sales in 2023 and could under pin a very good s/p rally here from .75p on Jan 1 - when this company going under in 2024 was a distinct possibility - to v approx 3.75p by year end 2024.. a year when this company turns itself semi decently around)
When Mr WOS say 35 ish is his eventual target price here.. maybe he talking 35 Satang, Sir?
100 Satang in 1 Baht, Sir ....and 45 Baht in 1 pound sterling, Sir ?!
I'm in a happier mood on this share today...... and very hopefully I'll be staying in said happier mood after:
''The Company will provide a more detailed update regarding the ongoing process to complete the transaction during the course of next week.''
Happy Easter All
''35p price level will be hit again am (almost) 💯 sure of this - all do own research.''
Are you expecting a 10 times share consolidation here Mr WOS.. perhaps because there are so many shares in issue?
If yes, header not say it all, Sir
If no, header say it all, Sir
'' he will not have a glut of ‘lock down’ newbie traders this time to bedazzle 🤩 and separate them from their savings.''
Perhaps you'll have to step up more again so this time round Mr Zap.....I'm wondering if you've got - another - 50k ish gbp lined up to grease the wheels here in drilling season 2024 ?!
Timely professional manner my drill 'ole..
Ee ba gum, the one and only Mr Colin Bird would be very open to ramming it down their throats.. imho
:-)
'' If Xtract gets a good result assayed from one drill hole, they might argue that its impact, relative to the overall operation is minimal.''
Towards balance to above Mr Zap, I'll offer back that If Xtract gets a good result assayed from one drill 'ole, I'd be gutted if Mr Colin Bird didn't shout about it from the rooftops.
''Do you think they've each been provided with a pick and shovel or are they shared?''
That, from Ella yesterday, is my post of the week here, hands down.
I couldn't stop laughing - out loud - for approx 15 seconds on that one.
For it only to get two tick ups, so far, is a travesty imho
(This time next year Rodney....You know it makes sense)
Happy Easter All