Member Info for bonker99

Zhang Jun, China's Permanent Representative to the UN, has accused NATO of expanding its boundaries and provoking confrontation, and slammed the alliance as the "real troublemaker."

Morning.

Nice bit of volume - I know there's more eyes on this than most would realise - just like HUM at 7p.

£1 is some way off I would think but with Gold $500 higher than here and Yani + Kouroussssa pulling in c200k oz pa - it could be a different story.

Shell suspends loadings of Nigeria's Forcados crude oil

https://www.reuters.com/article/nigeria-oil-forcados-idUSL1N38Z2TO

Must..have..inflation..

Https://www.bloomberg.com/news/articles/2023-07-13/libya-s-second-largest-oil-field-sharara-halted-by-protests

FWIW - my shouts were based on the mine and nothing else - I've no idea how to value the recycling stuff although it's clearly the most exciting part of this and would add to the valuation.

20p / 35p (80p if China shafts everyone re rare earths)

£15k?

That's what you're hanging your bear hat on?

Pension maker - genuinely - even if you're 20 years old right now.

Worst tree shake ever lol

240p ;) ;)

Big move lining up on PMs chaps - no promises.

Shocker :)

Silver is shaping up for a move to $35 IMO chaps ...

#OOTT | #OPEC MOMR:

WORLD OIL DEMAND IN 2023 TO RISE BY 2.44 MILLION BPD, UP FROM 2.35 MBPD PREV. FORECAST.

FORECAST WORLD OIL DEMAND WILL GROW BY 2.25 MBPD IN 2024.

FORECAST 2024 GLOBAL ECONOMIC GROWTH OF 2.5%, LEAVE 2023 VIEW UNCHANGED AT 2.6%.

Quite - they are somewhat accomplished.

I just see this as the "market" doing what it does - taking advantage of a, likely meaningless, delay to pummel the SP when they know full well that this thing could end up 10x bagging in a few short months with the right macro/micro news - if China lift the rare earths drawbridge again in a meaningful way then you can forget about targets in the 40s here, it could be 2x that ...

8p looks pretty decent in the here/now to my eyes - I doubt they'll get/keep her below there for any amount of time.

https://twitter.com/bonker_99/status/1679449126910533633?s=20

Indeed - I'm more patient and with a broader PF than most so I'm more than happy to keep picking these up at single digits and wait it out.

Must..have..inflation..

Once you print a DFS NPV with gold price sensitivity then it matters a great deal.

I can't value anything else here but the project with the published NPV is worth 0.70s here on its own at the current gold price - that will ratchet up significantly when gold breaks $2k for the final time.