Member Info for xtra

Funky beats about half as bad as your loss. I'm sorry to hear it, world of pain and plenty of us in a hole I'm sure, very nearly sold up at 14p got distracted that week, bad move. The company has been selling tantalum for over 18 months ffs, communications were appalling last year - seems intentional and good to see that has been put right with regular stuff coming out Give your punchbag/Larry a hoof in the nuts from me will u please ! If u can throw him out the window that would also be good too

I won't buy more until its back in the ones, this share has hit me bad, Larry is about a year late with his comms record, if he'd managed to update us once in 2017 then there would be a far higher bank of a share price for us to play with. Saddening and maddening. I like fortitude's analysis and I believe there are strong times ahead but it stinks the way the share price has been allowed to wilt. Looking to the future, I reckon we might just squeak a few bags in before the inevitable Brexit BS, hope so as thats what I need to get out of my hole on this one. Anyone buying now is getting something of a bargain if Giles/Fortitude is correct.

Good luck knowsalot I truly hope your small stake spikes and allows you to increase holding in due time

Yes well said both of u - George roach is a salesman not a miner far as I can see

I too appreciate your views CF73 and strongman not that I agree What chippy is expressing is very fair XRT was commissioned at massive expense in xmas 2016 to concentrate W ore, brilliant one would think - production, profit predicted throw some money behind that definitely buyin prem. And then nothing except dilution for new assets rather than drive on to a realisable goal now 20 months on Time is a risk factor on aim and roach has used plenty in building his cabinet collection of fine assets Prem must monetise rather than dilute - hopefully it will be soon as u say

CF73 and strongman Some people like chippyjo are just honest with any agenda put to one side - CJ has always been incredibly fair, its not shooting oneself in the foot to state in a non abusive way that Roach is a bit of an odd collector - prem needs to MONETISE these assets FAST they are not to be cabineted for show like daft old cups

Great info pranchalee, I had it as six shipments of 3-4tonnes so low twenties (tonnes) - Looking at around £4m+ revenue from that I guess - JORC to come, this share should start to brighten our days soon, the JORC alone will make this price look laughable as we know the Li and tant grades are great - extent of mineralisation will determine if its very good or excellent IRR territory

What is the holding in circum ? From memory it's 6.25% or did it increase recently ? Should be a great asset esp with CF73 good notes re funding.

Thanks I hope we all do good on this and I'm very sorry to hear about your cousin Ivey, absolutely we need to clear the scourge of cancer from the world And really sorry if I called you out wrongly TF it seems you may be a target if Ivey is right, you are clearly not unfriendly! Good to chat and really good luck to you both, will catch up in a month which could well give a new inflexion point with the CRUK news Cheers ATB

Yeah him too, wherever he's skulking! Interest in the science yes and a long term holder most of my holding was bought in the 33-36p zone so u know I mean long term, nice to be averaging down now average is £.157 I was meaning to say you make good points but why hyperanalyse each other to this extent If I did not have a holding my point would be even more valid - why would I want to read ? Cheers I will post more but I'm caring for a relative who has multiple myeloma so I just drop in to update every month or so You are all helpful and positive and so knowledgeable i hope you all do well on the share, I hope the CRUK grand challenge goes our way - I'm guessing the artificial intelligence groups may have an edge but fingers crossed could double the share price

Your continual dingdong ruins what is otherwise a good board Dudes tone it down with the tit for tat - sometimes it's like kindergarten

No he always does it mate GEORGE stop doing it !!

Micro and chippy, you make such good points and I'm not trying to be smart but wouldn't it be nice for once to see Mr Roach allow the share price to reach a higher bank before he diluted. For example I thought this could reach .4 this week if not tampered with, that would have cost far less - 1/15th of share cap to raise same monies - just wait a bleedin day or two ffs! It gives the impression of mates rates

This has got legs in it to get back to £30m market cap on this news alone Time for the monthly top up

No point in being optimistic eh elf Loser

9.II.18 The Company has cash and cash equivalents of £364,000 at the end of the period compared to £60,000 in 2016 and has net assets of £3,537,000 compared to £1,405,000 in 2016. The group recorded a loss before tax of £1,098,000 compared to £788,000 in 2016. The Company does not plan to pay a dividend for the twelve months to 30 June 2017. Post Period, the Company completed an additional fundraise, raising gross proceeds of £3.75 million in July 2017 which are being used for further plant upgrades and execution of a new drilling program.
Cash burn was ca£30k/week but has probably dropped significantly since stopping production and the layoffs
The obvious missing information is the cash income from the tant shipments
The above information was six months ago, so can consider there should be little of the cash balance but a good bit of the cash raise left.
I don't have any particular thoughts but one might conclude they had no choice in stopping production for a while so that per unit costs for tant (per lb) would decrease once the improvements are done, and working capital requirement would drop in the interim.
I would guess a raise in the region of 15%-30% of the share capital is not out of the question to fund working capital requirement if they have gone through the raised monies but the income from tant shipments may have prevented that need.

I don't care either way, Im well in the hole, long as it gets the asset to the promised land - the literally promised land (GC PROMISED two years ago!)

Anyone want to hazard a guess?

Its nice to see some fun on the board gmed's underwater joke and the mentals with no funds from DTN, as well as Fort's good positivity. By way of discussion, by fundamentals I agree with fort, that the notion of being able to sell tantalite at very high margin when the lithium asset is up and running is very strong, the other fundamentals are - very high purity tantalite asset - and tantalum prices and usage are ramping upwards - so better to hold on for now. Most mines which yield above 20% Tant in the whole world are depleted now, this one is yielding double that and seems to have endless supply. Namibia is stable. The fact that LJ has posted once a month steady over the last 4 mths hope that continues. I think LJ has learned that saying nothing gets no one anywhere, so now he says very little, once per month instead... Lets see, I hope this time next year we will all be saying what a great opportunity it was to buy this asset at a fraction of its true worth, I hope/think thats what fort means, please correct me if I am wrong fort and good luck to all of you.

Well said mal, why are these jokers hassling us who just want some positive reading material

At this price the company is silly buy. Juste u have the anger of someone who lost a lot of money with prem - hope you make it up soon. The posts on this board divide about 19:1 - a few posters say useful stuff, most want to rant about George roach. Lets say he's playing a long game and many I asked some time ago does anyone want to list the assets this company owns or has shares in - katete is worth more than the market cap. Once RHA ownership settled will all fall into place.