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Connect1, I think we can lose the exclamation marks, it seems like 18xx, 19xx etc. will be history soon (!!!!!!!!)
...and "+19% NPV for every 10% increase above 1600 $/oz" (although I couldn't match that statement with the numbers in their table in the report which seem to me to suggest even higher % NPV gain per % of POG)
= ~ 140 p/share @1850 $/oz.
...applying a 60% discount to NPV ....but..."as the project construction proceeds, we expect the value of the project to move closer to the underlying NPV which should, theoretically, be crystallised in full on commencement of commercial production".
= ~ 350 p/share
CSR for PIs.
...it was a condition of the cash raise that the buyer sold immediately in order to allow shares into PI hands. When the selling started they immediately dropped the price like a stone which seemed unnecessary...plenty of willing buyers at higher levels.
It’s like the small jump in the TDX was an intentional and agreed signal that selling was coming to an end.
It’s likeJim is signalling to us that it’s game on.
I think we’re all cool here.
There is no way anyone other than a specifically motivated seller can be selling into this.
https://masterinvestor.co.uk/economics/jim-mellon-a-crash-is-coming-in-the-us/
Mark Child presenting at mines and money on the first July. Registration link on the company twitter page.
I bought at 36.88 and it looks like pretty much all buys today. 2 sells as was stated earlier. I’m expecting 400k of sales to appear later then hopefully we are near done.
Appointment of a COO must surely be coming soon. Hopefully a respected big gun.
Thanks 99 for that link. Very similar sort of analysis to the ingoldwetrust report except making a possibly clearer link between money supply and gold. Mellon / Beaty et al all and likely all of us here in the same basic camp.
Gold price does feel to me like its stable and only going to rise.
https://m.youtube.com/watch?v=gei5Wp12nPk
Jim Mellon still seeing 2500/oz by end of year and very little downside.
I mean they added Nic Milling (9.8 Mio...existing) and Randy Martin (1.6 Mio...new)
They added Nic Milling (11.5 Mio) and Randy Martin (1.6 Mio...new)
From 28th to 1st?
Nicaragua Milling +1.6million. So took part in placing?
Ross Beaty -280k?
1 June.
Name Number of Shares Percentage of issued share capital
Jim Mellon (1,2) 18,026,963 15.4%
Nicaragua Milling Company Limited(3) 11,482,940 9.8%
Ross Beaty 6,836,656 5.8%
Oracle Investment Ltd 4,961,969 4.2%
Mark Child (1) 4,179,897 3.6%
28th May
Jim Mellon (1,2) 16,985,297 15.00%
Nicaragua Milling Company Limited 9,842,520 8.70%
Ross Beaty 7,118,323 6.30%
Oracle Investment Ltd 4,761,969 4.20%
Mark Child (1) 4,171,564 3.70%
20th March
Jim Mellon 1, 2 14,738,147 15.50%
Nicaragua Milling Company Ltd 9,842,520 10.30%
Ross Beaty 6,556,903 6.80%
Oracle Investments Ltd 4,077,038 4.30%
Mark Child1 4,144,167 4.40%
And especially since the big selling started the day before the RNS. Some actor who was hip to what was about to happen.
Still, if you had cash available a good opportunity to take part at near placing conditions, and it looks like a good deal of PIs have done just that. Probably a few lopsided portfolios now!
Sorry, I see I just repeated what was said earlier.