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[chris cat] 12/4/2023 15:19

Anyone got any idea how long it takes to produce an NPV model, I would have thought it would be fairly easy if you have the model already set up, Surely you just enter the key parameters and it spits out the NPV. i.e. X amount of tonnes of which X amount is X grade etc.

[the diddymen] 12/4/2023 13:42

Avsome - it looks a bit oversold. The broad narrative has not changed, and the news that XTR are starting to generate cash from the hard rock at Manica appears to be the recent price driver.

There should be further upside on the value of Manica implicit in the future productivity/cash flow statements. Maybe an interim update in the 31/12/22 results (May 23?).

Internal drivers will be updates on Bushranger's NPV, while externally the market seems to expect gold/copper to strengthen.

Hopefully the pin is back in the grenade and we can tend toward a normal valuation!

[denjon] 11/4/2023 08:47

And not before time!

[avsome1968] 11/4/2023 08:38

Back in here think we are on the turn.

[tryharderr] 06/4/2023 09:51

yes, they've gained roughly 900k profit from it since March 22

[chris cat] 06/4/2023 09:17

Must admit I find it hard ro understand exactly what is going on with the Gold production. Are we the "explorator"? Certainly seems to have given volume a bit of a kickstart this morning.

[the diddymen] 05/4/2023 09:43

Over the last 20 years copper has increased by 535% to its current price of $8870/Ton. Subject to normal economic conditions demand should continue to drive prices to increase exploration and supply. XTR are parked on Bushranger for this reason and at the moment the strategy appears to be sound.

The company now need to reassure shareholders by setting out their strategy to align with the market, using capital raise only to ensure synchronisation in a well planned strategy. The sooner the company clarify their strategy the better.

[the bull] 30/3/2023 09:43

Has this guy got a hard on for colin, he posts on all his stocks

[goforgold1] 29/3/2023 22:08

DRILL .FUNDING REPEAT .DRILL .FUNDING REPEAT .DRILL .FUNDING REPEAT .DRILL .FUNDING REPEAT

[the diddymen] 29/3/2023 21:03

The price should resort tomorrow. Today's movement looks like a correction to the over selling which was getting a little daft; could however also herald an update.

If Colin Bird raises more cash on the markets then investors should be after his head.

[papillon] 29/3/2023 18:45

Yes. A tiny UT trade of 600 @ 1.3p. The closing spread was in fact 1.40p-1.60p so the closing mid price was in fact 1.50p.
However there was a later O trade reported after 5pm for 115k @ 1.30p.

[ifc2] 29/3/2023 18:01

So lets sell Manica save some cash for the Ascot drills and the a divi. With therest. Are you reading this Xtr employees.

[kwizza] 29/3/2023 17:38

was it the UT trade that caused the drop at the end

[papillon] 29/3/2023 17:31

free stock charts from uk.advfn.com


Well today's bounce didn't last long! The 14 day RSI is back in oversold territory!

[the diddymen] 29/3/2023 13:57

If you take the current value of net gold receipts from Manica and offset a discount rate against perceived future demand for gold, the current value of Manica would be c£45-50m. This looks oversold with an asset value substantially greater than the market cap. The threat of a CB placing seems to be holding the price back. Time to change the A of As?

[the count of monte_cristo] 29/3/2023 13:51

Copper price to surge to record high this year, Trafigura forecasts
Rebound in Chinese demand has pushed up cost faster than any other industrial metal

[the count of monte_cristo] 29/3/2023 13:19

Nice move up. Bottomed out, value investing at these levels.