Member Info for bonker99

Presumably $2,001 because of their form - Kouroussa a bit more than disappointing, makes you wonder what the reality is and what's happening to the gold - again.

Am also interested but struggling to find DFS for the various projects - can anyone link those for me or provide the NPV/rate/Cu/Ag price and sensitivity analysis if possible?

· The Company is implementing a near term revenue protection strategy over a portion of the Company's production for the first three quarters of FY-2024 in the order of 60,000 oz, as the Company materially deleverages its balance sheet in FY-2024, with c.44,500 oz of gold now protected through forward pricing and cost collars, averaging above US$2,000 per oz

As clear as mud as usual then - they've, presumably, hedged at $2,001, some $35 below the current Gold price - most definitely mate's rates for someone ...

Morning.

The Kouroussa performance is indescribable, there's no way that I could commit funds to this on that basis and why I walked - eventually.

The NED $1m take is interesting - presumably he has a different view to everyone else because unless I missed it, nobody else seems interested in this at 11p and that's not a surprise.

Sad times - I wish it wasn't the way it is but it is what it is ...

Good shout :)

I'm sure we've all noticed the imminent Golden Cross on the daily at 10p too - look out for that print if they go for it ...

Morning - yes, my overnight oil long did very nicely for me and I shouted the S&P hit a few hours before it happened yesterday and nabbed 75 pts from that too :)

So far, so great here - oil still looking bouncy, I expect $76+ presently - I'm not sure if this goes below 240s again but there's always hope.

Feeling it too - also took a few earlier.

WTI gunning for the magic $76 number ...

It's confiscation of assets, including shares, property etc - possibly tied into debt cancellation/swap for your assets.

I haven't watched it as I've assumed there'll be a grab/bail-in of some kind anyway - hence why I have so much physical Gold/Silver which are likely to 10x in those circumstances, maybe Bitcoin too.

:)

Another gap-up open ...

Morning - thoughts on The Great Taking?

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 2.1 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR), bringing the total to 3 million barrels for delivery to the Big Hill site. These contracts to deliver crude oil in February follow the Request for Proposal (RFP) that was announced on December 1, 2023.

I was off on the $73.42 but there she goes ...

Clowns - Brent is at $79 right now already ...

Yup - good shout - but look out for v shallow but still whopping IH&S from $73.42.

I'll still be holding in three years time mate - don't push yourself :)

Orf we go ...

https://x.com/bonker_99/status/1737121434915270830?s=20

Added.

They need to do what they need to do but don't sweat it :)