Member Info for bonker99

:)

Yup - I've got Evergrande defaulting in Q1 2022 - look at their January thru April 2022 payment obligations.

If that doesn't send Gold to $2.4k nothing will - the LBMA are aware of this I suspect ;)

BMN only a problem if it can't beat 11s IMO, obviously could keep dropping but very oversold on the daily - looks unlikely right now.

Morning.

Looking very interesting at c9p here.

Tee hee - it's starting to pay well though - nothing compared to what's coming next year and forward from there though, I do hope you chaps are hitting the likes of CEY/FRES/HOC/PAF/HUM/POLY/PUR/(COBR??) at current levels.

In other news - that BMN chart - https://twitter.com/bonker_99/status/1447851375602380804?s=20

Yup - that full term total isn't even one decent quarter of cash build from Yanfolila.

Better :)

Yup - except that some of them won't be able to buy below that 25p/£100m mcap I mentioned the other day - they could of course drive buying from 20p through 30p for a 25p average ;)

That's the "missing" +10p to get back to the prior 40p top BTW - a year's worth of cash from Yanfolila ...

Top line: c£37m pa @ 100k oz @ $1,250 AISC/$1,750 Gold - hence the likely/hoped-for +£9m cash on the balance sheet in Monday's upcoming Q3 production update.

That seems to have slipped my mind but I've hardly woken up yet ;)

Forward-read on any Yanfolila/SE drill assays/LOM extension yet to come plus, y'know, the Gold price moving up also moves up the NPV of these projects substantially at just $2k - I'll get to the revalued NPV/mcap numbers on these projects when I get time.

Jamie Dimon is slaughtering BTC right now - if that isn't the green light then I don't know what is.

So far, so good :)

Comedy 50k print after market at 17p - who knows what that's about but I dare say we've cropped up on a few more radars after today :)

Kouroussa is amazing on paper - the $10 we have to pay for each ounce of gold > discovered above 400k oz is gobsmacking :)

@Swamp - indeed, my understanding too - just wondering how IIs get themselves in the game here, if they're not already - no way are they overlooking the FCF being thrown off here ...

I'm wondering how much cash is required to get production going at kouroussa - for all we know they'll place in the 20s/mcap >=£100m to let the IIs in - if they did that then that extra 100k oz pa @ c$1k AISC is going to have to be marked to market as genuine forward FCF as it's still priced at zero now.

BTC @ $57.5k - perhaps protesting too much on this drop here but WTF knows - it's either 50p or 300p to my eye :)

Nice move but small beer in the greater scheme of things while still at teens - for all we know it's threatening 30s by next week.

PS: Some IIs won't be able to buy below that £100m/c25p mcap of course - different story once it makes it though ...

Hey Panda.

I've mentioned the c25p price as it's a technical pivot.

Also, when I referred to the +2-5p per quarter earlier I was of course only factoring in Yanfolila production, not Kourassa which, on paper at least, should double that SP floor raise going forward as and when production kicks off.

There's some costs to come off those numbers too of course but the Gold price going up to $2k+ will more than take care of those.

That's +2p/+3-5p to the SP floor by the way - the market pricing in a forward-looking read is something else entirely - Dugbe DFS alone @c$1,800 is worth upper 20s here.