RE: Telfer31 Jan 2025 17:06
I’m lying in bed. Awake late. Having just bought in from nothing - again. In my view, the ‘ first buy ‘ is the worst, perhaps intending to hold for months, which I think I will. As I look for lee-room, before considering adding, not seeking the ‘bottom’ - you can’t, at a point in time.
I respect Bamps’s and others posts. Short term revenue seems assured. And hopefully, positive news on Telfer LOM and revenue/profit across Ggp over the longer term.
But we don’t know what it will amount to, once stockpiles exhausted, for Telfer, over maybe 3 years until Hav comes into commercial production. 2027 earliest.
I’m in, at least for the shorter term, you maybe don’t like it, or me.
That’s the way it goes. If Bamps, or preferably somebody with better knowledge, like Ggp, can gurantee, when Havieron will produce commercially, I would be pleased. Delay after delay here historically, always down to the partner.
Content, if not happy, in the shorter term, with no real update on Havieron, and the acquifer, for example. I doubt I’m alone.
Trading says punters conflicted, though generally, lately, to the upside.