RE: Chancery Gold20 Jan 2026 07:47
Morning EL,
7 - 8p may sound like a lot, but it's not when you consider our assets, the gold and critical metals bull market outlook and where we currently sit on the Lassonde curve.
At a gold price of $5k/oz Tulu Kapi alone will be generating circa $700m distributable profit per year !!!!! That's a NPV of circa £3bn (30p ish) our share.
We will head towards that sort of figure during construction (Text Book Lassonde), however, we know that producers have more cash than they know what to do with (even more with higher gold prices), so am expecting offers and a takeover along the way.