Member Info for bonker99

A lorra US data out at 13:30 today - initial/continuing job claims / Q4 GDP numbers / durable goods orders etc.

Chocks away!

Nice drop on Gold right now ahead of the Fed's BS later on today - popcorn required later I suspect.

Drilling is done (across three projects), extended LoM is done, these things cost money, yes?

Lowball offers for Dugbe + Kouroussa would be well north of £100m / 20p - sometimes you don't know how good you've got it at 12s huh? ;)

Anyway, crack on - I still have dry powder here up until April ;)

Profits have been shoved into (very successful) exploration which we'll begin to reap the rewards from in Q2 as we all know but which the naysayers refuse to acknowledge - those profits have/will take this from a 100k pa producer to a 300k pa producer in the years ahead so that's what's on offers to buyers today.

I am, of course, hoping you lot can talk it down another penny though obviously ;)

Morning.

Nice drop this - will be picking some up for sure.

Well everything is a gamble but I'll play along ...

1/ Not for me it isn't because I've already written Yanfolila off at £0 - as has the market.

2/ Same anywhere

3/ Again, same anywhere but re my earlier post about a modest $200 of profit from each of the c3.5m oz of Gold they currently have across three different projects, in three different jurisdictions, netting them something like £500m (Pounds) of FCF over the next decade they only need an average AISC (currently) of c$1,650 across all three projects to achieve that - that's exactly 10x the current mcap

Real fireworks if it beats $1,860s IMO so let's assume it doesn't :)

Gold flying @ $1,852 ...

;)

Just to flesh that out - put the case that HUM manage to yield just $200 per oz of profit from that c3.5m oz of Gold and that's your 10x from right here.

Ultimately, c3.5m oz of Gold at less than $20 per oz isn't going to last ...

The rate hikes narrative is falling to pieces already.

All it took was a couple of per cent more off the S&P lol

So bloody readable this game.

If they drop ****e "jobs" numbers again Friday next week then most will be writing off any hike for H1 and I highly doubt they'll risk hiking in H2, pre November midterms at least.

So far, so good.

@kaiser - your patter comes across like a 12 year old wrote it but if it helps drop the SP here then crack on mate!

JUST IN - Biden administration is writing up military orders for units to be sent to Eastern Europe (CNN)

Are we having fun yet? :)

Here we go

*BETS ON 10BPS ECB HIKE PUSHED BACK TO DECEMBER FROM OCTOBER

Blood on the streets everywhere else - come on drop her ...

Everything above $1,720 is fine to my eye - would be reasonable to expect some downward action in the short-term I think - whopping gap-ups on the daily at $1,799 which may require filling for instance - be very interesting if it keeps moving away from that though :)

THE GERMAN ECONOMY SHRANK IN THE FOURTH QUARTER, AND INFLATION WILL STAY EXTRAORDINARILY HIGH IN EARLY 2022, ACCORDING TO THE BUNDESBANK.

Predictable games from the buyers ;)

I only just noticed the well-worn "novice" stuff below - it did make me laugh :)