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Cheers Grim - good weekend to you mate

But what a good feeling compared to just a few short weeks back - madness to sell at this level - great weekend all especially those that held steady through darker days

Interesting stuff - Tipsa, Tuju, Rich, thanks for your thoughts. if its Yen or Dollar thats offered it matters not to me...the more interest the better. Understood your comment and thought process Rich when you added in the Bornite context.

he also talks about 'coping for any further dilution at the corporate level' - which i take to mean not being detrimentall to PI's - towards the end of the presentation last 4 minutes or so. I'd need our esteemed posters with a more commercial mind to listen in to the presentation as id love to garner their thoughts on NM comments.

sumitomo mitsui financial group (SMFG) - $56b market cap - maybe NM is referring to this Sumitomo Richy

Sumitomo Mitsui Financial Group, Inc. is a holding company for Sumitomo Mitsui Banking Corporation (the Bank) and its subsidiaries. The Company operates through four segments: Commercial Banking, Leasing, Securities and Consumer Finance. The Company and its subsidiaries offer a range of financial services, including commercial banking, leasing, securities, consumer finance and other services. The Company offers commercial banking services to a range of customers, including corporations, mid-sized companies, small-sized companies, individuals, governments and governmental entities mainly through the Bank. The Bank has equity interest in Sumitomo Mitsui Finance and Leasing Company, Limited, which provides a range of leasing services, including equipment lease, operating lease, leveraged lease and aircraft operating lease. The Bank's subsidiary, SMBC Nikko Securities Inc., offers a range of financial products, and investment consultation and administrative services.

My thoughts - now why would NM mention getting Sumitomo frothing - if he was referring to Sumitomo in respect of buying us - I mean he didnt mention RIO or BHP frothing. I think he mentioned Sumitomo as a way of telling prospective suitors that if they dont make a move and pay top dollar he could turn to Sumitomo to finance us through to production - so his frothing statement was a signal that we have a relationship in place and they will happily fund us and would be frothing (happy to stump up the cash - and more so due to the additional 3% grades we find)

Just my thoughts - more than happy to be corrected if im barking up the wrong tree

Just listened to the presentation - excellent - 'Sumitomo frothing at the 3.0% grade stuff - and thats what we like (or words to that effect. ' I always thought Japanese and or Chinese companies could well be interested in us.

Really keen to know how his presentation develops now BHP onboard

This is going to hot up very quickly

My belief is he will sell it lock stock, whole lot. my preference would be that we sell off partly and receive a hefty dividend and move on to other areas. Just can’t see NM wanting to go to production - little too much risk as politics could change and then there is the timescale to consider , potentially retirement will be at the back of his mind ? Anyhow whichever option or path he goes down, I only see it as win win for the PI’s. My one niggle is will he do a cash raise - maybe if we get the rerate after release of the revised MRE ? Time will tell on all of our ‘guesses’ but for me this is an easy hold

hopefully the year of declines is well past us now - onwards and upwards - keeping myself in check as still a way to go to reach the targets I have in mind - but last few weeks have been a great start - out of 1st gear now and nudging up to second gear - when the turbo kicks in things will become explosive...come on the woosh !

Lotto / Sean / Ronin - are you boys lurking - hope your all well and making good progress with you holdings here

Records are the best mate - drove a Capri myself until I crashed it ! (loved that car) - glad to know that me and the Mrs not alone in tapeing on sky ! Yep tomorrow will indeed be a rollercoaster, but one we only have to get off of when we feel ready to exit - act in haste repent at leisure (ill leave the trading to those of that inclination) - i'll be sitting tight whatever the outcome (with maybe a little skimmed off the top if my short term target is met)

Cascabel romped home the winner ! good day all round

Haha Yrabsmurruc - im only 46, but that said im quite partial to a babycham - the Betamax has been binned for many a year - but i still often say to the Mrs what have you been 'tapeing' now on Sky ! kids look at me as if im crazy when i tell them i used to have to wait until 'world of sport - wrestling' finished in the hope that a cartoon or two would come on - instant gratification world we live in now. Now come on Vast give me my riches tomorrow ! ;o)

Day 71 today isnt it ? (matters not) news will come when it comes - pretty tight ship here though as no major sell off or surge which one often expects. good luck to those who have waited patiently here, im ready to jump in buy more should the news be dissapointing ready for the next drill - if at first you dont succeede and all that.....my gut feel though is good news in the morning

Any sniff of a sell off and im loading up - BHP could well be delayed (it usually is) - I just hope AP is ready with some news flow to act as a counter balance should things not play out in the short term. He must be as frustrated as the rest of us sitting at the fax machine.....(sorry showing my age !)

We must be due news soon - we have a whole truckload of information coming our way - and if i know it the big fish investor community are sure to know it too ! not long until we move into the final qtr of the year, if nothing happens to set this thing alight by xmas ill be very suprised indeed, and if it doesnt come then 2019 is sure to be a blockbuster. Buying now into a heavily derisked situation for PI's is a gift (in my humble opinion)

Suprised yrly financials havent been released yet though - would like to see how the cash is holding up

Is frustrating the hell out of me - takes an age to load on my pc and hardly works at now on my iphone - fails to refresh pages - doesnt open properly if at all, its been like it since the weekend and has been very frustrating. Anyone know how i report this to the LSE technical team ?

Good solid day for Solg - also up 8.7% on TSX - bet they dont get a cent or two nicked off them at the closing bell like we seem too.

Lets get 30p smashed this week and really say goodbye to the 20's for the last time ever

Cheers Ham - 4/5 Firm favourite to win - I've just backed it - so will no doubt lose now !

You seem to be calling this very well Filthy - knocked on the door of 29.25 again then dropped back - getting ready for the next surge up into the 30’s and a settle at 31p before Sept is out - that will do me. Good base to build momentum from, of course Columbo is also correct one big RNS and mid 30’s here we come (music to Jim’s ears) - if everything was normal we would expect an RNS around now, but with potential corporate moneuvers afoot who knows when the next piece of news will hit - all good though engines just warming up still believe the wooosh effect could take over at any time and send us up and beyond the highs of last yr and into a whole new territory. Hold for gold - as they say !

Anyone else had problems with Lse on mobile phone devices today / over the weekend

If it was to be a joint Newcrest / BHP venture how would that play out for us investors - would it be better for them both to compete for it and drive up the price or would a joint partnership still reap full value for us investors ?

http://www.alphaminingblog.com/2018/09/everybody-loves-copper-rio-tinto-should.html Solgold mentioned in the article