Member Info for bonker99

I don't know but this has 10x written all over it at some point - their $39-$68/lb sales price for uranium for the DFS' $5.3b NPV (12.6x the current mcap) is now at $50/lb - numbers like these have a habit of greasing wheels ...

https://www.ft.com/content/e4a7c920-a5da-4c00-8994-d2bef944e81c

I understand the Spanish aren't playing ball re the permit which strikes me as rather convenient given the massive uranium price rises we've seen these past months.

Clearly, this could fall to pieces still (4p??!!) but regardless, it's capturing my attention at this time.

GL to them ;)

this ...

BKY watch

:)

It's the new normal - get used to it.

Watch Gold track the 10-year up on tomorrow's 6% CPI print - trouble is, the 10-year likely has a ceiling of 2%, no such ceiling for Gold.

Good point.

Cheers :)

I wonder if he's still trying to convince EU leaders to "sell their Gold to Africans" pmsl

:)

There'll be more than one (out/in) I imagine but not until the boots are fully filled of course.

Interesting @ 0.20p

PREM @ 0.20 - no promises.

EU’s first green bond attracts more than €135bn of orders

https://www.ft.com/content/18039150-3048-4f67-9ece-9243fac969d1

If only there was a booming requirement for efficient green energy storage on the global horizon ...

A very good point panda :)

Yanfolila/SE expansion could still surprise to the upside of course - looking forward to those assays ...

It is nice.

6-8p here BTW.

My last (back of sofa) buy was at 15.089p ;)

It simply has to go to 30p+ IMO - same calcs as used to nail the 15p bottom - TA in the mix but these are industry standard NPV valuation metrics.

We'll get a TR1 at some point - IIs know that anything under 30p is money in the bank and that's with Gold @ $1,750.

I'm aware of all of that thanks - even though I'm an amateur ;)

Average house prices are now 9x average salaries in the UK - only inflation is covering up the reality that we're in a global recession/depression already but that illusion will likely pop next year

My post was referring to a "credit event" - the kind of event that tends to make banks pull up the drawbridge with respect to lending money to people to buy assets - the only argument against that is that banks don't want cash and boy you'd better believe they don't want cash on their balance sheets (hence their massive Gold buying over the past year or two).

No credit (and who would risk lending to you at 2% when they *know* they can get 200%+ via Gold?) means no new buyers means wobbles.

None of this is known but unprecedented 9x multiples of average salaries alone is asking for trouble at some point - the global credit card is maxed and then some. -ve rates or not, there will be wobbles ahead - timing your exit to perfection is a challenge to say the least of course.

Dominoes once the money starts pulling out of that sector.

Home owners here may wish to start thinking about what happens to comedy house valuations globally in 2022 with a major "credit event" IMO.