Member Info for Benrumpson1

MH01
So you don’t think it’s worth investing in a company that as it stands has 30% of a 20moz mine, with the financial support for mining.
Also scheduled mining for the beginning of 2024, also has an agreement in place for costs +10%!
Not forgetting earnest Giles, scally and an agreement for the Tasmania assets!
Also other assets, not bad for a start :)))

Good morning All
I am expecting it to rise before the end of January!
Why?
Because I will be getting some spare funds by then and start buying up some more!
I always end up paying more! Lol
Happy trading

With China opening up and the new age of a nuclear programme, also the developing countries eating up the precious metals!
Looks like we could be coming into the perfect storm being part of the mining sector!
Especially as the reserves are at their lowest level for a long time!
All in my opinion

Somebody mopping up, it’s going to be interesting who pops their head up!

Costains, galiford, carter’s, many different construction firms.
I hope this helps
Happy new year all and let’s hope the recession will be short and hopefully will not be too damaging!
All the best Ben

Afternoon All
Tuesday could make for an interesting day, all back to work and who knows an early Rns for the new year!
All the best Ben

Sorry for your loss Tig my condolences to you and your family!

Good morning Bamps
Good listen as always!
It’s like journey to the centre of the earth, to bring in this rig they must think it’s still financially viable to go this deep.
I wonder what or when the cut of point will be, where they say we can’t go any deeper!
I suppose with technology advancing as quickly as it does who knows!
All the best Ben

Thanks for that I will just finish cooking dinner and have a watch this evening!
Many thanks Ben

Hi Bamps
I missed last week’s podcast, can you share the link please.
Many thanks Ben

Hi Bamps
I hope you are well and had a great Christmas!
Thank you for all your hard work!
Happy new year

Good afternoon All
I hope everyone has had a great Christmas!
Should be a very interesting year ahead as the clock ticks down towards mining!
Let’s see if we get any hits in new territories, all to play for!
I wonder if any news will be dropped in the next couple of days, could catch some people out.
But not expecting anything until the new year, I think he will like to keep the institution’s on side!
All the best Ben
Happy new year all

Merry Christmas all

Oh I forgot our 30% will be costs plus 10% :)))

Evening All
I hope you are all well!
Interesting read on Wikipedia on Telfer mine on its development and decline, the cost now per ounce is very eye watering!
Also Telfer was a 20moz mine and they outlayed all that money to build a processing plant, organised power to the plant and this was worth while.
Luckily we have this all in place and there seems to be a very good chance HAV could be bigger, what a stroke of luck.
Imagine what HAV is worth, with everything laid on a plate and ready to be processed so easily!
Have a great Christmas all and remember to keep hold of those golden tickets

Hi spades
I agree Shaun said 2023 is the year to go on the attack, let’s hope we don’t try to run to quickly and do a massive cash burn and leave us open to a cheap takeover!
But I would imagine he has a better idea of what is going on behind the scenes and obviously has more experience in this than us!
All the best Ben

Afternoon All
I hope we are all well!
The new year will have an influx of news, mostly (hopefully) all good !
Thing’s to look out for!
A new MRE!
Results from earnest Giles!
A DTM!
Scally results!
And hopefully year end GOLD!
Anything else I have forgot:))
All the best Ben

Up 6.5% today.

Hi redirons
I am not saying that’s what we will get or accept, but Newcrest will put offers in just to see how the land lies!
That’s what I would have thought anyway, they will try (if) and the longer they leave it the less likely it will happen try to get it for the best price possible for their shareholders.
All in my opinion of course
And thanks for your reply

What would be interesting if an offer was forthcoming, what would the first offer be ?
20p my guess, 2nd 25p, 3rd 33p and so on!
But they will have to start soon or else it will be too late!