Member Info for NicetoMichu

Those two posts make me wonder if Mr WOS jus back from shoe shopping with Mrs WOS today ..and one more new trouser today Sir

And generally I wonder if mood of many posters here would benefit from shoe shopping with their wives, Sirs

Being able to use the word +uck as a noun, pronoun, adjective verb and adverb in the same sentence might get you more than a U in GCSE's? They mark them very gently generally nowadays.

I see GSCE results are out today.. Great if Beesty69 is open to sharing with us what grade he got in English .. or even better, those who want here have a guess in remaining market hours today...and Beesty does the big reveal here at 4.31 pm ?!

Xtr's share of that 8m ish gbp - total plant cost - may only be v approx three million ish Andrew.. Also some/plenty of debt funding may be optimal way to go for this plant build - across all Manica Program stakeholders minds, whether CB is 100% on board with that thinking or not - and that debt repaid out of future income .. and so xtr's upfront / short term payments for this plant build may actually be pretty small, even if they could easily have afforded - or wanted it even - it to be plenty bigger... and participation in and structuring of the expenditure on this new exploration play works well alongside that.

Maybe/hopefully he's expecting strong cash ongoingly flowing from manica to xtr to the extent of allowing funding - xtr share - of Manica sulphide plant development alongside this Investment, Andrew

Maybe Mr Master should take Mrs Master shoe shopping to help him relax mind from goings on here !

( including some shopping apart time while Mr Master search back streets alone for 'Mongolian regional / local oil production licence shops' !) ....#newtrousersir

''the two licences cover a combined 107,000 hectares area covering ground in a highly prospective part of Northwest Zambia where competition for exploration licences is acute.''

I therefore see such opportunities as hard to come by and so understand xtr has of course to pay to get involved... and xtr is getting a nice share of any potential upside too.

I'm fine with this .. It's CB's 'back garden' in terms of experience and understanding.. and it's nicely staggered Investment funded readily from that plenty of surplus cash that will ongoingly be flowing in from Manica.

And xtr is, at its core, is an exploration company. ( and fairly uniquely, now with punchy ongoing cash flowing in to pay for such exploration projects too )

So lets hope this is turns out to be a good bet with, in due course, big sell on value.

And you guys never let me down, in fairness... much appreciated...

I do feel for long term buy and holders here though.. it has being a long and generally painful journey so far, sadly

Investor33's post is my post of the day here .. this share has been a traders gift for years now.... and I'm very thankful for that.. and hoping for more spikes(ish) to come:

I guess we will get Heron regional/ local sign off later this year .. and get into production either late this year or a bit more likely in Spring 24.. I don't think bottom line from early production will be as favourable as many here are expecting .. but the company will be on a solid footing to further drill out Heron and grow incrementally thereafter..

Alas the AIM O&G game has changed much for the worse for players in recent years... and so the 'spikes' that the above gets you could be pretty timid eg what got you 5 bags a few years back gets you one to two bags nowadays....

So, after taking advantage of the last spike, I left my placeholder bet here at its lowest ever level at approx 1.5k gbp..(used be 3k ish gbp ) as I expected this to fall well back down towards that same ole 2.5p ish and not rally hugely from there on next 'spike'...but I'm wondering now if it will go as low as 2.5p ish.. as we're as advanced as we have been on the road to Heron Oil now.. so my new target for starting adding back will be around 3p... and I don't expect more than 7.5p here over next 12 months either..and think that would be a fine achievement in itself.. that may easily not happen either, alas..

IMHO & DYOR

Theoretically, I understand why he can't offer a breakeven sales volume.. although he should through forward modelling be able to give some sort of wide ball park estimate at least, I'd have guessed.. but perhaps he's currently running scared of calling something else again wrong, and so not offering an answer for this works in his mind.

(Again, Income another key aspect of this b/e calc... and the average price achieved per unit sold is a key facet therein.....and as there have been and may well be further short term sales price changes here, this adds complication to offering approx. sales volume breakeven too)

Much appreciated Jeremiah!

PS: Will we have you to thank again for buying those puppies back anywhere around 3p ... and helping this rally gain momentum? :-)

More generally, a few months back people would have said 3 to 4 p range is a steal here... all I'll say to that is that 3 to 4p buying range remains a steal here

IMHO & DYOR

I think Andrew was at the AGM.. and more than you in attendance may well have heard those two 2 weeks from CB too.. if he did say it, perhaps this might be the first time ever CB's verbally offered timeframes are 'somewhat' off :-)

I was not at the AGM .. I'm going with Andrews steer - based on previous history - of end Sept for next Manica feedback.. that's fine by me as there will be another month's data to give clearer colour on unfolding - and likely future - revenue picture from it...

Also a chance of Bushranger model update late in September too .. Whith so many here for Bushranger and not open to averaging down, so far, that's the elephant in the room.... and the market valuing it at zero currently feels extremely harsh to me.. even a penny a share for - worst case - sell on value to a small cap explorer would be reasonable, I feel

IMHO & DYOR

This s/p has been battered over recent months and so a rally is due .. let's hope it's a meaningful one !

(ideal scenario would be good rally in anticipation of government sign off... which then happens pretty soon .. and feeds a strong continuation of the rally)

PS: I'm doing my bit with another top up this morning .. if many/all long and strong's do similar then that would feed this rally nicely

IMHO & DYOR

Interesting .... and your analysis is much appreciated by me... and others too, I expect

The share price reaction tomorrow would be the fairest measure on how out of the water blowing the post is, perhaps!

Gordie not Geordie, Apols

Just looking in here again now...I'll second that so Geordie... and not just a blow you, Cruella out of the water post.. but a blow me Michu, Geordie etc out of the water post, please..

So what will I get if I ask if L'La is an abbreviation that you'd consider a goer, Cruella? :-)

I still believe strongly here ..and continue adding smallish increments as we go.. and will likely keep adding for a while yet.. especially into any further weakness, although I hope no further more for the long suffering here.

I thought I was doing ok in originally buying a few tranches of these in the 4's p.. but it continues to be a brutal market to play in generally - as it has been for a long time now, sadly - and government deal sign off taking its own good time isn't helping either.......adding in 3's and 2's more recently has helped me get my average down somewhat at least.. and I have a few more k ready to buy in low 2's p too, if it goes there.. but 2.5p ish feels very low already for me .... and hopefully government sign off soon .. and this will see a punchy rally here off the back....

Best wishes to all fellow holders!

Maybe Kiwara Resources Plc sale to First Quantum Minerals for US$260 million in November 2009 was a smoke screen for the sale of half his catalogue songs rights to Universal .. and Bushranger the smoke screen for the other half :-)

Https://www.youtube.com/watch?v=QccPUSTMriM