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Is the date on which the rebalance figure for GDXJ is calculated likely to be before or after the release of the next drill results?
Thanks in advance C

@JAdam
I would like to express my thanks to you for taking the time to share your insights into the company. Most interesting and very much appreciated.

I don't believe there are significant shorts to be squeezed on this...

Good point Droverman re US market. So they'll be looking at a drop c. 10+%...

Relistened to Lee Cronin's TED Talk from 2012 (!!) (scientific founder of Cronin Group, which became DeepMatter, sits on advisory board). Interesting if you haven't seen it yet IMO. Not sure if the link will be included (they sometimes get removed), but if not it can be found by searching on the title.

Lee Cronin: Print your own medicine
http://go.ted.com/OdbRvQ

"If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes"
Warren Buffett

I think it has changed somewhat due to the proliferation of disingenuous posts designed to plant a seed of doubt and negativity in people's minds. This can at times be quite subtle.

I'm sure if anyone had done any research they would be fully aware of the loan RNS and available cash imo. If you check the OPs post history you will see that all 6 of their GGP related posts have a negative slant... to varying degrees.

Interesting article, with some input from DeepMatter. Apologies if previously posted.

https://www.chemistryworld.com/careers/automation-in-the-chemistry-lab/4012832.article

Nice video. Reinforces the fact that we're going mining at Havieron. It'll be interesting to watch progress over the coming weeks and months.

Actions speak louder than words IMO.

Hi Bamps.
Great post - always good to see some calcs. A question if I may. The volume was calculated as a cylinder rather than an ovoid, and I was curious as to why. I've done similar calcs using ovoid volumes and would like to correct this if it is incorrect / less accurate. I suspect the true volume is likely somewhere between the 2 perhaps?
Thanks C.

Corrected link

https://www.ii.co.uk/analysis-commentary/new-commodities-supercycle-mining-stocks-demand-ii515067

https://www.ii.co.uk/analysis-commentary/new-commodities-supercycle-mining-stocks-demand-ii515067Interesting read i thought, apologies if already posted. Copper 8 year high, high prices and demand for cobalt, 6 of top 10 biggest risers in FTSE100 today were miners...

Yes... very impressive figures.
"Underlying profit of the country's largest listed gold miner rose to $553 million for the half year ended Dec. 31 from $280 million in the same period a year earlier."

There is no Scallywag JV. The LSE YouTube description is somewhat misleading (and perhaps ought to be corrected):

YouTube - "We were already drilling some of those tenements when we entered the Scallywag J/V, so it probably makes sense for us to keep them separate"

Interview
"...and particularly the Scallywag project, when we were entering that [Juri] joint venture with Newcrest we were actually already drilling some of those tenements so it probably made sense for us to keep that internal and as I said..."

It's now working for me

A good point Sungam about the 30th Nov presentation. The SP now is around the same as it was prior to that presentation (ie. the SP on 27th Nov). I then imagine I could go back to that point in time having full foresight of all subsequent announcements (secured funding, drilling results, CEO change, broker notes, etc.) from GGP, NCM and Berenberg that occurred after that date - and yes that does include the "disappointing" SWAG results - and ask myself would I invest...?

Hi MidgeFodder. Yes it can be frustrating. It may be worth considering making purchases over time (pound-cost averaging) given the current volatility, and another possible dip after the next SWAG results...! Also worth keeping a little powder dry for opportunities perhaps? Not intending to preach, just my view.

Hopefully it goes smoothly for you OilMonkey and not too long to wait. These prices are very attractive IMO.

I was told it would be around to 3-4 weeks

The results inspire confidence and were exceptional, and IMO now is a great opportunity to invest. The inferred MRE has not changed.... yet, but...

"Approximately 65,000m of growth-related drilling is planned over the next two quarters. Further drilling of the Northern Breccia Zone is ongoing to support the potential expansion of the existing Inferred Mineral Resource.". This is a huge amount of drilling over 2 quarters....

"A total of 18 new drill holes have been reported since the last release (10 December 2020) and relate to ongoing infill drilling of the South East Crescent and Breccia Zone. This infill drilling is to support the potential delivery of an Indicated Mineral Resource and associated studies." A move to indicated from inferred....

"The Inferred Mineral Resource estimate assumes mining by a bulk extractable underground operation..." Reiterated here after 10 December 2020 report. Bulk mining has a low AISC (look at Cadia in the same report...negative AISC).

So hopefully looking at a bigger inferred resource (more value), a move for some resource from inferred to indicated (more value), and a higher EV / oz due to low AISC (more value)... all at some stage this year. So expecting higher broker valuations and an even more attractive investment proposition for the institutions. I've added this morning.
All IMO
GLA C