Member Info for BushyTailed

*FED adding 25bps

Follow the market and sell. Fed at 25pbs in a couple of weeks, which means dollar up and gold down.

Buy again once the 3 month t bill tops out, in around 8 weeks

Gap up above 50ma is interesting though, especially as SLP price is currently doing naff all

100% torno...

Some people use a knife to butter their toast, some a spoon.
Others are open-minded enough think, "hmm I never realised that was an option, let's give it a go."

;-)

Cey has hit 2 billion before for 500k and they have a 50% net profit share.

Half a bill here is nailed on, eventually.

It:s cute when they get excited but did anyone check what what the 50 day MA is or what the trading volume is?

Still not sold again Sotolo.. You must be up to 8 times now for watching it go up and down without doing anything? Well done you absolute winner.

And now you've got something else to perpetually moan about I see. Never mind it might work out well for some of us in the end then after all.

And what happened at JLP Elprofessor???

I'll tell you ElProfessionalLoser, exactly what I said it would. Like a stone.

96p to 85p is my range for adding here, GL the rest of you sensible people. The few who know who they are..I'll be back to say "Ha ha"

You're either missing the point or choosing to ignore it for for a reason that I don't care about.

It's simple .. If cash and liquid assets fall, whilst spending and debt increases then that increases the ev ratio which lowers the value of the company as the purchase cost is valued against mcap plus debt minus cash and liquid assets

This is not an opinion it's basic book keeping... Anyway, we'll see where this is by July, GL in the meantime.

That is a very long winded way of saying capex is up and production is down.

Cash is the only thing that matters, the less of it there is and higher the costs the more likely dilution is.

Debt revolver will kill anyone paying more than a £1, I reckon this is going to 60p but we'll see.

25bps coming from the fed in a couple of weeks. Risk on buyers are buying and hoping for a pause that isn't going to happen.

Steve, you're filtered but good luck

It's a grade problem and they're chucking cash at it to try and fix it. If you process twice as much material and don t get twice as much production then there's something wrong... Cash was 37 mill at 2021 EOY, 20 million By 2022 and now 10 million just three months after that. Debt revolver will be getting drawn down from June onwards at this rate.

From Q1 update...
49 per cent. year-on-year increase in copper production to 847 tonnes (Q1 2022: 568 tonnes)

o Ore processed by the expanded flotation plant increased to 193,000 tonnes (Q1 2022: 104,000 tonnes)

· Gold production of 6,741 ounces (Q1 2022: 10,040 ounces)

o Agitation leaching plant idle from 11 February to 24 March as ore now processed on a campaign basis

· Silver production of 22,566 ounces (Q1 2022: 50,674 ounces)

Sorry Steve, if you're still asking that then there's a knowledge gap that I just can't be bothered to fill.

That said... I sold but that doesn't mean I'll be right though, we'll just have to see how it plays out.

Remember gold is a currency, ergo watch the dollar for additional confluence.

Sell everything

Steve...Fridays was a bearish all engulfing full body. Text book sell signal for a reversal after a directional run. Watch where we close today if it's lower than Fridays close then that usually serves as confirmation.

Let's see if I get another chance at 96.5p Steve ;-P

I'm out Fridays action was a sell signal.

Shaun, I saw my first TV commercial for gold bullion the other day in circa a decade. It was on the Sky Arts channel so not exactly mainstream or prime time but it's a first none the less.

Thank Tornado...

Cash position is the problem for me even if production numbers where expected...

You can't half your year on year cash at hand and then half your production over the previous quarter.

Cash in lags cash out... Regardless of reserves etc, cash flow is king and on a balance sheet basis this is looking like it's in serious trouble.

Number one rule.. Cash leaves before it's received.