Member Info for Charlie156

If the deal goes through I'd expect the 30-50% FCF dividend to be right at the bottom of that range as they build the mine. Copper guidance this year 12-13 tonnes, what will it be in 5 years, 10-11,000 tonnes? Bumpy road ahead.

Stax, you come across as anything but a confident investor, sorry for touching a nerve. Those posters are always posting on here when the price ticks up, and when the clouds gather hide under the sheets. Isn't it time for your afternoon nap.

The fair weather posters are again conspicuous by their absence, when the share price takes a hit.

They don't make money out of SASA, 5 years less of not very much, won't be missed. The dividend is funded from Kounrad, a low cost gem with eye watering returns, which will probably increase for the remainder of its life. The management have been sleeping on the job, buying a turkey in SASA, wasting time and spending money as margins plummet, when they should have nailed another viable copper source years ago.

In the same way you're too lazy to look it up, I can't be bothered to to tell you.

The M&A activity since Kounrad has been abject, the lousy SASA buy and pulling out of NWR which was made for CAML. Copper averaging $3600 more per tonne in the first 5 months of 2026, compared to the same period in 2025. CAML are coining it along with a healthy zinc price, so I've been loading up, despite a management who continually disappoint.

Https://www.boardintelligence.com/blog/in-conversation-with-ben-mathews-thriving-in-times-of-adversity

Manifold was hired as an antidote to the malaise that had set in at BP. That support can't have evaporated from those behind his appointment over what has been reported. Worrying times for shareholders.

BP do come across as being a bit precious, and Manifold was just what was needed. He wouldn't have been sacked as Chairman of a US major, for his abrupt and direct way in bringing about change. Be careful what you wish for, Manifold's predecessor was a leading player in BP's share price poor performance.

TGM, there's a $60m+ infill at Stag for you to look forward to in the next couple of years. When Skua was initially costed at $62m, with Brent at $80, such was the parlous state of the balance sheet, the numbers didn't add up then. The company are being held hostage by Montara and Stag, and for the next 6-10 years will have to pour money down the drain to keep them on life support.. if oil averages $100 in that time I'll hold my hand up and say I was wrong.

TGM, if you're happy with Skua costing $100m and adding a few hundred barrels to production, you're probably ecstatic that Chaouch, Fairclough and Little pulled in $4m in pay and Benny's in 2025, Little for 7 months work. Delivering shareholder value is their job, Skua was an abject failure. Malaysia will cost less than half of that and produce three times as much oil.

All dependent on the oil price here. 2025 results proved JSE is unable to make a return for shareholders at $70 oil, even with Akatara performing well. Akatara is 30% of the portfolio, but Stag and Montara drag the company down. When Vietnam is producing in 3 years, Akatara and Vietnam will represent 70% of production, a far healthier proportion. Until then shareholders have no dividends or buybacks on the horizon, and will need oil to average over $80 to see any capital appreciation. Blakeley made a lot of money out of this business model in other parts of the world, but Australia 2026 is not the place to hold end of life assets.

19% growth after 16 weeks, 15% growth after 19 weeks, what is the growth figure for that 3 week gap?

Freddie, no I don't remember that episode. The sooner you and your amigos are back under lock and key, the safer I'll feel.

Has there been a recent escape from Broadmoor, all the fruitcakes seem to be posting together.

No one will touch JSE with a barge pole, with Stag and Montara on the books. Current production 14,200boe/d, Akatara 3500boe/d fixed and 5500 bpd hedged at $66 for Q2&3. Net debt figure is laughable with PM drill and forward revenues included. Roxi has been promising dividends for the last 2 years, hopefully he'll keep quiet in future.

Spent the buyback money in under 2 months, should have taken longer. That support is no longer there.

All time high, someone moaning. It's not the share price that's suppressed, it's you.

Coming up to my first anniversary as a GGP shareholder, and I'm chuffed at how its gone, but as a relative newbie there's a question that I should know the answer to, but don't. When they report the AISC, the stronger the copper price, the lower the AISC, but they include the copper sold in the quarterly revenue figure, so its counted twice?

I float around these forums looking for those elusive nuggets, and you notice things. Laura is toxic, stalking various forums with her sub Machiavellian modus operandi. Four years, 4500 posts a year, don't get involved, they're not worth it.

There are 1000kg in a metric tonne. The OC MRE of March 30 has 1MTU=10kg. Trying to get a figure for the APT in place.