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Hi Hydro, I expect you have also been looking on the B term', can't say what I think though?
Greatland Gold Fields £5+
Afternoon folks,
Thanks for the £40 Jerry, that made my day..
Personally I think that is somewhat conservative, I might sell a couple at £50, but will obviously take a view then.
£40 a share now that is the best ramp ever , got to be the winner of all time , love it , it was all in jest wasn't it ha ha
Tymers ..I told you nothing except that gold was not $1400 .. I said the AISC "could" be lower due to the proximity of Telfer, I don't know how much transportation costs will be or any other costs, I was saying your AISC may not be correct! Your guess is as good as any one else's, I just stated facts about the gold price and a reasonable assumption about the AISC !
@@@@ siiirrr!!! Apologies siiirrr!! - I forgot. Can I bring Panama siirrr!!!. She is ready and waiting - Sorry Bamps - you are number 5 .
siiirrr!!! Tig
@@@ Speedy- ; - Yes siiirrrr !!!. ( a salute - heels clicked ) - ready and waiting, reporting for duty - siirrr !!! .
I do have a brother - ex Lt. Commander, RNVS - fluent Russian speaking.
We can pop up to Teddington Lock , have a pint at The Anglers , and get back in time for lunch .
Maybe stop off at The House of Commons for one as well.
Looking forward to £1-00 siiirrr!!! ( around September at a guess - siiiirrr!!! )
Siiirrr Tig.
Tymers, please explain what in your eyes constitutes a Genuine Holder.
Can't wait for your answer.
Baaaaaaaa Baaaaaaaa Baaaaaaaa
Tymers "Merc $2'500.00 oz profit are you serious you think the Gold carries itself out the ground and 40km to Telfer. Some of you should not be commenting. "
what? you don't think $2500 an oz profit is going to happen? $500 costs at $3000 an oz gold, or $1000 cost at $3500 oz gold. If you knew anything at all about economics and history you would know that Its definitely happening, its just a matter of when.
Did gold not go from $20 an oz to $200 at some point?
Did gold not rise 300% on the last recent crisis in 2008-2010? where does 300% from here put us???? hmmm????
History is not "Waffle" my friend..... its History!
Perhaps YOU should not be commenting if you cant be bothered to do your homework!
Personally I think both sides of the argument everyone’s been having for god knows how long are fine. People are optimists, pessimists, realists and whatever else you want to add to that.
If someone asks what the score will be at the weekend, you’ll get your 5-0s, your 0-5s and your 10-10s. Doesn’t mean it’ll happen or that person even believes it will...but I’ll tell you what, all those answers are fun!! Just relax and enjoy yourselves guys. Between this and Antipa...it’s gonna be a hell of a year in the Paterson!
T&T
Hi Tig. Not RR but Napier Deltics 6400HP 50 knots for 15 mins, 80ft x 25ft, displacement 70 tons. Built 55 years ago, boat builders find it hard today to attain that level of performance. When we hit £1 and the engines are refitted i promise you a go up the Thames. ATB Speedy
Merc $2'500.00 oz profit are you serious you think the Gold carries itself out the ground and 40km to Telfer. Some of you should not be commenting. we have the Newcrest figures the rest is just waffle, lets make it 50 m oz, lets make it $10'000.00 oz, lets make it $250.00 AISC and we have a share price of £50.00 wow are Multi Millionaires guys maybe we can set a team up and join the Superleague and call it Greatland United FC, GL Genuine Holders
Hi Jerry. Best do is i do and blank the poor thing. ATB Speedy
Jerry. my sense of humour is straight over your head fella. Just digest the Facts and you will all understand
@@@ Speedy ; - I see that 5 Russian warships have been cruising down the Channel. Any chance you could start your twin Rolls Royce diesel engines and see them off . Cheeky beggars .
Only a month till slurp time.
Tig
HI Tig. Slurp slurp. ATB Speedy
Hi Merc, but does anybody believe them especially after they found one company had dud 60 tons of the stuff, gold covered cobalt and that's the problem with China no transparency on anything. Ciao DM
mercedesman - the flaw is that the gold is recoverable over say a 20 year period (Bamps has previously reckoned 30m ozs over 30 years as this thing gets bigger) - not recoverable all at once
Tymers, let me know when you get a sense of humour.
How come you value a miner based on book value of their assets? If you look at others, they trade on revenue multiplication values
Newcrest for example - 53m ounces gold reserve x $1000 = 53b mcap. Yet they trade at 15b. Which happens to be 16 x earnings historically.
Obviously fag packet numbers. But just to make the point..
You could say we are sitting on a gold mine
; )
Don't forget the copper that Goldman Sachs and many others see at $11,000 - $15,000/t over the next few years.
That's exactly how i look at it merc, it all depends what the price of gold and in 2-3 years it could be even higher that the $2500
at $2500 an oz profit x 3m oz, = $7.5bn, Divide by 4bn shares = $1.87 share, or £1.34
its rough math, the point I was making is a lot of people here are betting on a huge 20-50m oz resource, my point was that we wont even need 10m oz if POG goes where I think it is.
And this is a conservative calculation, Some experts are projecting $12,000-43,000 and oz when the equities/bond bubbles. burst.
Surely it would be 3moz x 3000 minus 1000 per oz AISC? No?
China's CBDC is set to be launched by Feb 2022, not only will the digital currency likely be backed by gold, but Chinese citizens are likely to hoard gold and gold jewellery for financial protection.
Its rumoured that china has amassed 12x the amount of physical gold the world thinks it has, as soon as its announced, the price will moon shoot.
UK and USA also announced plans for CBDC this month too, the paper metals market is about to come to an abrupt end.
https://youtu.be/gYr4_3Tcuqg
Just this alone will get gold to $2500 and beyond