Today is very odd. Good news and it goes negative.
I am Reading sp for buying and selling is the same at 0.23 Weird!
I think the traders have for the moment lost interest in XTR because it is too predictable and as said by others on this bb there maybe a sell off going on from our Alluvial JV Manica partner. More good news as far as foreseeable cashflow is concerned will result in a spike and could be big!
I am glad JN is planning to take on more staff because with just 4 people things are getting too streched and apart from other benefits there could be na improvement in the quality of reporting!
Thanks for the update on the XTR presentation, looks all to be very good and the riskfactor in Alluvial mining is then the reason for what others called a bad deal!
Well there should be News this week about O"Kiep and Carolusberg copper option.
The good News about Chépica is that the not mined gold is still there, and that the new access will be more resistant to rough conditions. The focus is of course on this operation. I hope that in future reporting the JV Manica will be treated seperately from the rest of Manica because at presente I see a lot of unnnecessary confusion on this issue.
Sound strategy, de-risk, add to the portfolio and move on to locating the next project.
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