Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Could we be seeing $2500-$3000 in the next year or so ?
https://www.fxempire.com/forecasts/article/are-we-at-the-beginning-of-a-new-historic-supercycle-for-gold-1415097
Liam , thanks so much for this great interview with Callum 🙌 .
If anyone was in any doubt about investing in Greatland then they need to see this interview !
I love the way Callum speaks in such a considered and measured way . He's honest and thoughtful and I was hanging on his every word . Amazing 👏
Chinese property and stocks have tumbled so there is lots of buying activity from China which is boosting the gold price at the moment .
https://www.fxstreet.com/news/gold-price-forecast-xau-usd-extends-the-rally-above-2-160-investors-await-us-nfp-data-202403080644
With China strengthening its ties with Russia forming an east / west divide and with interest rates hopefully coming back down then the POG should continue to rise . China and its population are big buyers of gold . There is a definite concerted campaign to knock the dollar off it's pedestal.
It's a really informative interview with the man who discovered Hav.. It's good to look back at this now that Telfer and Hav. are up for grabs . Callum also talks about the other exciting projects in the pipeline. Sometimes it good to look back when looking forward 👌
https://youtu.be/tyjDRNi0D58?si=JQS5GF4fqhw5Ualh
If they don't then they might not be able to sell Telfer and then they would have to foot the bill for closing it down in a decade or so, they wouldn't want to be left holding the baby . Nobody would take on Telfer without the whole of Hav. IMHO .
DYOR etc.. etc...
I do think it is on the up from here 🤔 Good time to buy CTL right now . IMHO .
DYOR etc etc and good luck 👍
Https://twitter.com/RoastPR/status/1764197314883694789?t=xzHhyvtOkDsHDa7pJbmTTw&s=19
Thanks very much , Jiffy , for the video . It does look as if China wants to bring down the world dominance of the US dollar as you quite rightly suggest . You can't print gold !
It could be a possibility that gold prices double from here to $4000 . This article really does explain the reasons behind that happening. If interest rates start to come down this year and world tensions increase then expect gold to really take off . Silver too is set to really shoot up as it's undervalued compared to gold .
DYOR etc etc.. Exciting times ahead !
https://seekingalpha.com/article/4674703-gold-is-undervalued-and-may-surge-to-4000
These are the top 30 countries stockpiling gold very interesting reading !
https://uk.finance.yahoo.com/news/much-gold-does-uk-own-160100142.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAF8lDtOhRazbdUs8uj6C1nzfx-aQ-vxoCgaosXtk4s_-KJ79PdLXKwwBT0FvFWyDvzGGc-e7TiO9ClBW-qUnOxssOqU3T6n8jSuBlLlR6TAEoxTH3iOQ1dIICQjCo7tDHX_CBdwKcYmLhtIHRqiUGycT2NfDnwiImVwbrzFDkrLF&guccounter=2
Https://seekingalpha.com/article/4674703-gold-is-undervalued-and-may-surge-to-4000
It's a bit like owning a small plot of land when the developers move in . You refuse to sell until you get your price !
Of course it would be profitable. Any new buyer would want the whole of Hav. because of the huge costs attached to the closure of Telfer but spread over a ten year period it's not too painful is it 👌
If Greatland are outbid for Telfer and 70% of Hav. then GGP will surely sell up their 30% at a premium price . Any new buyer wanting both will probably want the whole of Hav. just to cover the costs of the eventual closure of Telfer which would be at least a decade away from now .
You would only buy Telfer if you could also buy Hav .. Does anyone subscribe to the Australian ? I haven't read the article (not a subscriber ) . Look at the size of that hole !
https://www.theaustralian.com.au/business/dataroom/buyers-line-up-for-newmonts-telfer-mine-stake/news-story/a3af743f8eee448a4d6af1f8379bf23b
No RNS could suggest that talks are already in full swing !
Good luck folks 👍 DYOR etc. etc..
It would be great if Wyloo could be part of it I'm hoping for a 50/50 Wyloo/Greatland Telfer+Hav.
My prediction would be Telfer and Hav. run as a 50/50 joint venture ....Wyloo and Greatland as long as they can get Telfer for a nominal fee . Only my opinion. Perhaps someone has mentioned it before but I think it's the most likely outcome. DYOR etc etc . Good luck 👍