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Winstanley, I actually watch GB news, even though I'd class myself as left wing in most areas.
It's partly because I'm sick to death of BBC news not chiming with me in the slightest.
I also read the online version of the Daily Mail, because of the comments, which can be pure comedy gold.
I hate this classification of left or right wing, because while I'd never vote tory, I actually want immigration massively reduced or even cancelled totally, as much as I know that's impossible.
I don't know where you live, but here in Birmingham, the integration thing is just a non starter. In my immediate area, you can see it grieves certain sorts to say hello when you say it to them. And trust me, I'm a very friendly person.
I love the idea of full integration but my experience is it's just totally not realistic because there are too many divides down to well... we all know what the issue is.
Frankly, I think the UK is totally finished and I want out of here, which should make me a right winger. Yet, I'm really not. In an economic sense, anyway.
And if it was the fifth century (I missed that comment) it's even more certain he would have been white.
I emphasise the point, that it's just not realistic.
Then again, we might as well be talking about angels or fairies, because they didn't exist either.
Janus1, leaving aside the fact that Merlin never even existed, what chance is there that he would have been white?
It's more reality in that it seems black people were incredibly rare until the 1400's, when Merlin was supposed to have lived in the 1200's.
I think it's this twisting of realism that winds people up, combined with it just doesn't sit right with how Merlin has been portrayed for probably a thousand years.
It certainly isn't rac ist to my mind and some people might even think your attempt at cancelling the comment might be seen to be just as offensive.
And I say that as someone who wouldn't be even remotely interested in watching the programme.
https://www.historytoday.com/archive/history-black-people-britain
Agreed. It's difficult to see what's worse than a war in the middle east to get the markets worrying, apart from the yanks poking their nose in somewhere again.
2k is proving a very strong resistance and I would normally say reality will kick in soon.
The trouble is I've been saying that for years now.
The good thing is "they" can't blag it forever.
Wildcamper, don't get me wrong I'm very bullish here. I have to be, because I've got about 15% of my PF in this, with a view to adding if I can get my average down and that's frankly a stupid amount for me.
It's just that I also try and stay realistic, which is why you'll see me slate it as well as praise it.
I agree he's stating facts.
But he's stated "facts" before and been miles off his targets.
The point is, good management means not raising expectations and then dashing them. It's disastrous for the sp in a company this size, as we've witnessed.
It's why I keep putting the emphasis on "he needs to back up what he says" for a change.
As for me saying he looked arrogant and disinterested, I'm hoping that's because he knows he's got it right this time.
Fingers crossed!
Well, that's the risk isn't it?
As has been well discussed, we just need to get that debt paid down asap.
If things go well and we become pretty much debt free, this should easily be worth multiples of what it is now.
And that's why the price is so low: the fairly high chance that Betts gets it wrong again.
As an aside, I thought Betts did look arrogant and disinterested this time. You can almost see him thinking "I don't know why I'm having to explain things here" imo.
It's easy Dan. The market doesn't trust or believe you, that's why.
I can't work out exactly where they've started or which precise area, as opposed to drill holes to make any estimates.
Something else I've seen as well. The plant is designed to process 1 millions tons a year, which is 2,740 tons a day.
Or decidedly slower than what they can move.
Say 1/10th of what I suggested below.
Or much more realistically, around 1058 oz a day. Or 95,000 oz a quarter.
What can I do to massacre that number down to 30k ozs?
"-- 55m at 35.72 g/t from 77m ( KRCD1729A )
-- Including an interval zone of 20.75m at 91.98 g/t "
They'll be producing some gold when they hit that!
At least I've cheered myself up a bit in the last couple of hours :-)
Bushy, that's a big bench! :-)
"The drill intercepts showed plus 10g per tonne from 50-60 meters down"
So, just for fun, Google tells me that a cubic meter of moist earth weighs 1.44 tons.
We'll assume it's dry, so lighter, say 1.2 tons per bcm.
25,000 bcms * 1.2 tons = 30,000 tons per day(!?)
30,000 tons * 10g = 300,000g = 300Kg per day.
Or 10,582 oz. Per day!
How deep was that stretch at 10g, Bushy? lol
Of course, there's no way that's going to happen, but when you look at it like that, the predicted numbers might be very achievable, very quickly.
Having thought about it, it may be because we're in the soft stuff at the moment and it gets slower as we get deeper?
Whatever, I'm a bit more inclined to believe DB when he says we'll be on target at the start of 24 Q1
I really don't think the SOLG sp is remotely linked to gold or copper prices.
If it was, there's no way it would be this low regardless of Berry.
You need to be pulling the stuff out of the ground to make prices relevant, imo.
This is low because of no news and nothing in the offing, simple as, again imo.
Oh yes, there is an AGM coming up, but personally I couldn't give a stuff who stays or gets kicked off the board.
I want to see action and I just don't see it coming in the short term at least.
It's why nobody gives a toss.
Very encouraging. 25-27k cubic metres being shifted daily, that's some overburden being shifted.
I wonder how long it will take us to hit the goodies?
There's one thing that confuses me a bit though and it's where Dan said "there's a fourth fleet that should be in operation next week."
Whereas, in the latest presentation it said "All four mining fleets are on site, with a fifth additional fleet operational to further accelerate ramp-up."
Which is correct?
Or is it just poor wording again, where he meant four are on site and the fifth is ready to run, but not yet delivered?
It matters because if we're shifting the contracted rate already with 3 fleets, with a 4th and maybe 5th to come, there's going to be a major step up in those cubes.
Something else I noticed is that 25000 bcms * 365 days a year = 9,125,000 bcms at the current run rate.
Whereas at Yanfolila, they shifted about 3,925,876 bcms in the year to Q3- 23 (as in the latest trading update).
And it may be stepped up, big time?
That suggests miles above the contracted rates. Have HUM actually been conservative with their numbers this time?
I really hope so.