Member Info for NicetoMichu

assay results for ole's 2 and 3 could be somewhat lower than overall .33 % Cueq and still be readily acceptable imho.... eg .275% CuEQ....The overall scale of the porphyry(S) is a key driver too

As i've previously stated, my GUESS is if 'ole 2 assay results were better than 'ole one we'd have had them by early/mid April ( towards pushing up the s/p and facilitating the placing he had in mind at a higher level than 5.6p) or if 'ole 2 assay results were about the same as 'ole 1 we'd also have them by now too (towards halting the slow creep down from 7p + and facilitating the placing he had in mind at a higher level than 5.6p) Therefore I'm ok with today's placing price, including the warrants too ( and understand that such a placing needed doing now to pregress this exercise quickly and to the extent required )

I remain reasonably confident that, in the end, we'll get an altogether Racecourse find that will get a buyer for at least plenty of 10's of milions. ( eg open pit small/mid scale discovery/commercial development ) and I'm mildly confident it could be 100's of millions instead of 10's ( eg a tier 1 ish type discovery/commercial development)

Again too, I also GUESS we'll get 'ole 2 and 3 assay results together.. which hopefully, on average, together may give a better market reaction outcome than 'ole 2 on its own might have.

When you look at phase 1 drilling in total and post that geo physical analysis/ouptut and pre phase 2 modelling and phase 2 drilling in total and everything else up thereafter up to and including JORC, how material on a grand scheme of things would ole 2 and 3 of phase 1 drilling being notified together or seperately be ? If he wanted to, I'd guess CB could easily argue, not particularily....

Also for those who don't like volatility it could be argued that phase1 'ole assay batching together in whatever shape or form might be more useful than one by one 'ole assay reporting ( and inded ditto for phase 2 'oles.. etc)

Altogether: How long is a piece of string?

Good luck to all fellow holders with their BETS 'ere.. and the next place.. etc

Touche on alluvials updates here Andrew.

AIM is what it is and as they say: 'it's not for everybody.'

As long as an executive is not visibly looking to make short term financial gain from timing of sensitive info. release etc then all things AIM just go on as they do.... and I believe that CB has not done and would not do such a thing.

Generally there are plenty of things I admire about CB eg his sector big picture understandings / strategic orientation is brilliant imho ..... his experience and shrewdness are excellent too.. I also think that altogether he tries hard to do well by his shareholders and for the stuff that really counts has good integrity... which is more than I could offer for a a fair few other AIM executives whose companies I've held shares in :-)

Thanks for taking the time to write that howezap.

Altogether, I reckon I've held very aprox. 250 AIM stocks for some period of time over the last 10 years, and if I could bottle and sell each instance of what may or may not have been price sensitive info. that may or may not have been withheld for some period of time for say 100 gbp a bottle I believe I'd easily already have made plenty more than the 100k gbp I eventually cumulatively hope to make from my altogether bets on xtr over the years.

The idea of intermittent updates spaced apart in broadly similarly is a good one.. and things seemed neatly set up for that by the natural scheme of things.. and should have seen 'ole two update on it's own decently before mid April, imho... and then 'ole three later in April.. etc.. That's a pity.... and - again - my guess from much previous experience in holding Xtr.l is therefore that 'ole 2 assay results are a little/somewhat underwhelming versus 'ole one.. but great if i'm wrong and only time will tell.. and the bigger picture 'ere is a different paradigm to one 'ole assay results anyway.
PS; I'm also disappointed we have not had a Manica revenue progress update by now.. again my guess is if there good news to be given out it would be given out quickly.. if average/poor/bad news, CB does what CB does

getting close to my earlier .20p buy back in target I see.. but I think I'll now revise that down to .17p and would only buy small around there, with a view to hopefully buying plenty more lower again ... eg anything under .15p would represent a good buying opportunity, I feel.. and under .13p would represent a very good buying opportunity... if either were to happen... they may not of course... much chance involved and place your BETS as - only - you see fit etc..

'Carry on Regardless' would aptly capture the one and only Mr Colin Bird imho

(If 'ole two assay results are awful, I reserve the right to change that to another Carry On that i'll not mention 'ere/now.. I don't expect them to be btw, but I'd be meaningfully surprised if they're better than 'ole one for eg .. and somewhat surprised if they're as good as 'ole one for another eg... and I do expect them to be batched with 'ole three now too.. so it's the combined picture that would be key in that case)

A pear shaped bear is perhaps what he's referring to ?

There are, I think, 8 bear types on earth and the sun bear is the most pear shaped imho.

If a sun bear shape was his indeed his intended reference, which sub species - H. m. malayanus and the H. m. euryspilus - is perhaps more for an Iceberg or News pay grade than mine?

and topped up recently.. if the 12 months from start q2 2021 - higher grade wake up time and selling into a strong and likely further strengthening market - to start q2 2022 is not 'our time' then I'll be left wondering when will we have our time (again.. accepting 1000p ish previously)

(Again, I firmly believe 500p + readily doable in coming few months here.. and meaningfully higher again in second half of this year .. and hopefuly higher again in 2022)

''The trouble is there is not much going wrong at the moment, even de-rampers are finding it hard pressed to say something negative.''

Or alternatively Florida:

''The trouble is there is not much going on at the moment, even de-rampers are finding it hard pressed to bother saying something negative.'' :-)

There are lots of other shares that are doing well in this sector and other sectors too at the time.. so a few taking small tranches of funds out of here to bet elsewhere with a view to getting back in here as approriate 'in due course' I'd guess is whats happening currently..
and hopefully this s/p will stabilize soon.

(It's not be selling around now btw...I have not taken any - more - out since I last said I'd taken a third out and hoped to leave the rest in and patiently wait and hope... there is clearly strong potential here imho.. but achieveing anything in Africa generally takes ages imho (and I say that having been in my fair share of African oilers and mineral plays over the years.. indeed my biggest bet currently is save.l )

..as of recently I'm slowly building out a position here.. a few grand bet only so far and timing at least a reasonable amount off, as my average is currently .11p ( generally, would be unlikely to ever get to even 10k bet size here as very risky )

I understand that the financials are currently dire and a raise somewhere in single pence levels may well be required soon and so I'm accepting that there could be further short term pain off the back of any such raise - eg 7 p ish - and I do also understand that I could even lose the whole of my bet here.... but I feel that if I can get an average into single figures pence and this starts to deliver better by increment from early summer onwards I could still do well in the end, even in as little as a 1 year time horizon.

Ps: Sorry to see so many suffering badly here, but you don't actually realise a loss or gain until you sell....so hopefully we're close to the bottom now and things can turn around decently over time.

about time this has started to wake up.. I've got a good holding here now but am tempted to top up again today and or tomorrow ..

I'll have a go at that one George: Not only are huge orders not recently/currently being filled in the background, but large orders are not either.. But yours being a rethorical question, you knew that already :-)
(II/very high worth PI involvement is key here, and that's been, at best, small altogether so far.. if/when it happens even to a semi meaningful extent it will be transformational for the s/p imho)

If ben 'owell's explanation is correct - I haven't investigated and so have no clue.. but he seems to have and so I'd like to think his post is correct - then that would make sense to me and I'm good with that.

Africa assets do interest me considerably as I think there's significant potential there altoegther. ( and my bets here have been all about those Africa assets until recently)

However, right now Bushranger 'ole 2 interests me most, by far. And as last week ended and this week progresses with no news, I'm now more getting the idea recently previously menitioned that we me may get 'ole two and three together. My first instinct to that end was annoyance, my second slight concern, but on reflection my ovewr riding instinct is I'd be ok with that .. and would add that while I don't have a much of a view on what either 'ole outcome will be, I'm now mediumly leaning towards thinking that CB knows 'ole 2 results by now - even if informally communicated only - and they might not be better than 'ole one and may even be a little weaker than 'ole 1 and so he'd reasonably thinks that, on balance, best give a clearer picture all at once by giving 'oles two and three together.

Plenty of punchy twists and turns to come here yet I expect; that simply a function of us being still reasonably early in the total Racecourse journey here.. and indeed the Africa assets journey too.

Great if this BET is a slam dunk win in the end .. but to think it's a nailed on slam dunker from what we know already is premature or even very premature imho.

And this s/p can of course still go decently down from here as well as decently up.. for eg if hole 2 assay results are between .2% and .3% my guess is the s/p comes off to a reasonable extent.. if higher than .33% then I guess it pushes on up decently.... and further hole assay results will have, one by one, whatever s/p effect on top too.... and each piece of news released thereafter could of course have a meaningful effect from there forward too.. again, one way or other...

Altogether, for what's known/where we're at across all the Xtr assets so far, the s/p is not unreasonable level currently imho.

that’s all that matters

I would want to be out of this over the weekend (and am)

to see if this pushes my post of earlier thru ( even says 2 messages posted.. but only one showing .. )
2.50p would be a nice round finsihing number today btw.. here's hoping :-)

per my prediction of yesterday has a small chance only of being right now, I accept.. maybe closer to .25p finish today than .20p I'd now guess.. (2 Turkish lira : .18 p ish approx)
Sold all mine in .30's yesterday in the hope of buying back in around .20p later in April.. possible clearly but much chance involved of course..