Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
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Alex Terry increases shareholding to 6.1% from 5.3%
52,250,000
So while a lot were selling he was buying.
He is either a HNWI or corporate
Ether way he is obviously confident for a positive conclusion
Think we went through this some time back, Iceberg mentioned he follows him on twitter?!
https://www.linkedin.com/in/alex-terry-045114123/
Chief Investment OfficerChief Investment Officer
IFC - International Finance CorporationIFC - International Finance Corporation
May 2005 - Present · 17 yrs 8 mosMay 2005 - Present · 17 yrs 8 mos
Washington D.C.Washington D.C.
Expertise in formulating global strategies to enhance growth and profitability by strengthening international competitiveness. Leadership in risk management and mobilizing the most appropriate financial resources -equity, quasi-equity, debt, sub-debt- for corporations and projects, from US$10 million to US$ 9.3 billion.
IFC's own account new debt & equity investments in the Petrochem-Fertilizer industry in FY2012-13 was about US$820 mi with another $650 mi mobilized.
Think you are looking at the wrong Alex Terry , Barclays Wealth are a major share holder , guess who Alex Terry works for ?Barclays and has done for 12 years
Seems like too much of a coincidence Barclays wealth and Alex Terry who works for Barclays Wealth !cant believe Xtract on the radar of an American
So it looks like plenty of research was done before that big investment was made. Worth noting that Alex Terry has continued to add for some time now and also during the recent sp fall when some had a "wobble"
The holding was always in round blocks and increasing, so it implies it was a investment and not a market maker imho
Can somebody in the know find out when he personally started buying in and had to declare a 3% holding , obs the Xtract site doesnt show that , old RNS ? I suppose answered my own question
"Can somebody in the know find out when he personally started buying"
I don't know when he made the first buy but I have kept a record of previous shareholder holdings when updated on website
For Alex Terry
Nov 2019 20m
Nov 2020 30m
May 2021 37.5m
Dec 2021 45M
June 2022 46.5M
Dec 2022 52.25M
So started buying well before Bushranger purchase and has continued to increase many times each year.
He must be confident of a good conclusion :)
As Andrew had stated he notably continued to, or increased his holding when the threshold was crossed or reached on the 5th Dec, ‘after’ the Racecourse JORC was released on 23rd Nov
Thank you , very serious investment there , thought i had a lot at 2 million shares and still holding my nerve somehow , good to see that TR1
No idea which Alex Terry it is. When discussion this came up previously I highlighted that IFC were involved in Kiwara.
Whichever Alex Terry it is isn't the point.
The point is he had 46.5M in June 2022
He now has 52.25M in Dec 2022.
Whoever he is, he's confident of making a profit here.
Follow the money.
Ella10's post (when the sp was 5.35) who'd take that now!?
RE: Josemaria project28 Jan '22
Andy,
I would have a small bet on it being him - although I have no idea what he's worth. IFC took a significant chunk in Kiwara - I can't remember the numbers but they didn't hold for that long before it was sold so I think they would have done quite well out if it. I assume he would know CB from then.
So there is a link. Doubt it's his personal wealth buying shares but could be.
Alex Terry IFC LinkedIn check him out
So first mention of BR mid 2020. Andrew's table showing AT @10m circa 6m before that. wonder how long negotiations were going on before it was mentioned by RNS.
Probably all conjecture but it passes the time while we wait for the next bombshell.
If Alex Terry is working on behalf of an investment company then I'm sure they must have done a lot of research and analysis before repeatedly increasing their holding.
Its also very encouraging they they still decided to increase very recently after the drop and panic recently.
Anyone got a link for the midweek podcast please.
Here’s all 3 since JORC was released
29/11 response to steve4077
https://audioboom.com/posts/8204540-midweek-takeaway-with-colin-bird-executive-chairman-of-xtract-resources-aim-xtr
24/11 Sunday roast RC 1.1mt & decision to mine
https://audioboom.com/posts/8201622-midweek-takeaway-with-colin-bird-executive-chairman-of-xtract-resources-aim-xtr
23/11 Racecourse JORC Zak Mir
https://podcasts.google.com?feed=aHR0cHM6Ly9hdWRpb2Jvb20uY29tL2NoYW5uZWxzLzUwNTExMzMucnNz&episode=dGFnOmF1ZGlvYm9vbS5jb20sMjAyMi0xMS0yMzovcG9zdHMvODIwMTMxOQ%3D%3D
I thought there was a midweek podcast all about AA and next April 22nd. Cheeers.
Maybe the 7th Dec.
>>>I thought there was a midweek podcast all about AA and next April 22nd.
That was a tongue in cheek post. Referring to a podcast that was actually from 18th Jan this year.
Here it is anyway
18/01/22 midweek takeaway and target for talks with AA
https://podcasts.google.com?feed=aHR0cHM6Ly9hdWRpb2Jvb20uY29tL2NoYW5uZWxzLzUwNjQ0MzcucnNz&episode=dGFnOmF1ZGlvYm9vbS5jb20sMjAyMi0wMS0xODovcG9zdHMvODAxNDc1Mg%3D%3D
I thought there may be a bit more interest in XTR today following the last RNS.
Still sitting on my hands.....
That's one way to keep warm :)
Another copper/gold deal struck.
https://www.mining.com/cordoba-sells-50-stake-in-alacran-project-in-colombia-to-jchx-for-100m/
I think it's about £3e9 in copper
So out of the top 5 copper mines in Australia, only the top 2 have a life beyond 2039.
https://www.mining-technology.com/marketdata/five-largest-copper-mines-australia-2021/