Member Info for elgordo83

$1.9bn but who's counting haha

I shall inform the alligators haha

Lol so are you sticking around or wanting to hit 46?

Fun week

Tell you what - all the BB posters complaining about MC being quiet... clearly had a number of these interviews lined up once permitting announced - notice how they all build/iterate from one another rather than simply repeat. Cleverly done to build additional interest and momentum.

No wonder he's smiling

Permit shows that Government is open for business
Extremely high grade for open pit
"$310 value at previous study with $55 costs"
111k ounces = $150m cashflow.. "pays for the whole project"
PFS AISC $690... $120m free cashflow a year @ 120k p/a production
Expect another pit announcement within a few weeks...
2nd feeder pit... 100k oz gold @ 4g = $200 value v $55 costs...

Overall - 1.1m oz @ 120k p/a for 7 years, PLUS 1.2oz underground
"do underground out of cashflow once the mine is built"
LAND - ALL plant and Metiza land owned... $500k spent on 60Ha a few weeks ago... 70% of land bought...

Fantastic.

Back to normal volume after yesterday - small trades, medium movement
Half the time it's PIs on this board trying to trade a little I'm sure :)

if only back to feb would make a fortune!

Never known such an unlucky share in terms of elements outside of MC control impacting SP

B2Gold must have a voodoo doll

I’ve been here so long I’m worried about positive movement... hope this continues meaningfully...

Mind boggling yet here we all are :/

Politics to a point, depressed sector - but mostly cashflow and a route to it being the biggest hurdle. I do feel like some of the B2 stuff has been a red herring and it isn't the first time MC has alluded to 'jam tomorrow' without any fruit-ion (sorry couldn't resist!)

That said with POG back up to where it is there is life again and we must be close to an end-game in some way, shape of form. Good luck all. I'll be buying FTSE trackers should we make it out in one piece with any profit :)

“Note the very positive economics of La India are based on $1250 pog. Anything above that is pure profit. So even for conservative 2m oz resource that's $200m extra profit for doing nothing from the rise in pog over last few months. And that on its own (without the huge profits at $1250 pog) is about 10x CNR current market cap!”

Ridiculous isn’t it

Painful day.

Fair enough then. Probs somwhere in the middle in reality.

All I know is paying iii to watch CNR stagnate is no good for anybody

Am in the same boat but both those platforms have crap reviews unfortunately

haha bloody hell - the man, the myth, the legend - welcome back Fener and hope you and your crocodiles are in good health

this makes me feel like the CNR journey is even longer!

A good read thanks

China owning US debt yet Trunp trying to bully them. Of course.

28 month $2200 target - god knows what state the world will be in shoukd that be the case

"we are permitted to extract $750m" - based on PFS case of open-pit only and $1250/oz gold.

600k oz @$700/oz cost = $550/oz profit = $330m total for this minimum case along (no feeders, expansion etc)

"we are permitted to extract $750m" - based on PFS case of open-pit only and $1250/oz gold.

My thoughts for a while - why wait - JV, cashflow, less need for funding etc etc

Clearly easy for us to type rather than do but seems obvious

disappointing...