Member Info for Farquar

Yes you are covered, as there is no CGT or income tax if held within an ISA.

Newcrest currently have
$1.54b cash and $2b in debt facilities. just saying

You Don't Buy 500,000 shares if you haven't got confidence.

This is looking like it will end up as Several Superpits.

There is a good chance for gold to even reach $3,000 an ounce during this bull run, according to Bloomberg Intelligence charts.

“Our graphic depicts the potential upside in spot gold toward $3,000 an ounce vs. about $1,770 on June 26, if simply following the trajectory of the G4 central-bank balance sheet as a percent of GDP. Central banks essentially printing money to spur inflation is a solid foundation for the benchmark store of value,” McGlone said. “Gold bottomed at about $700 in 2008 and peaked near $1,900 in 2011. A similar-velocity 2.7x advance from this year's low-close near $1,470 would approach $4,000 by 2023.”

I am hearing that there a naughty little short in at the moment not too far from where we are now. I think it’s going to get interesting as we know that there’s one out there and let’s see if we can squeeze them a little. That’s what’s stopped us moving forward. AIMO

Good to see that we are not calling on the warrants till at least 2021. We have enough cash in the bank and as Vincent said “ We are cashed up” Now let’s see how big the Monster is. 2/3/4 Superpits??

https://stockhead.com.au/resources/major-miners-are-running-out-of-gold-and-thats-good-news-for-explorers/

Good Call Mike, Didn't see that...... interesting

If it is the warrants and I think they are. then no they have already been converted and sold into the market.

Looks like the warrants that was RNS'd over the past week have gone through.

Good Point Dean and lots of the Warrants are held by the BOD and long term investors like me and others. I wont be cashing them in. its tax relief day by the way

Gold back over $2000 now at $2007

Buffett bought 20.9m shares, or 1.2% of the company. Based on the closing price at the end of last week, this amounts to a stake worth $564m

Well that puts the cat amongst the pigeons. Massive news coming out this morning. Never seen grades like that before. I thought it would be massive but these grades are out of this world. Drill it Len and “THEY WILL COME”

This is so obviously being held to let someone accumulate big time.

If you do the figures with worst case scenario then it’s 10’s X of current SP, and that’s from one of the multiple targets. The story hasn’t even started yet. We have Not turned to page one.

It just gets bigger and bigger. Fantastic grades from surface and open at depth

Lol, I was saying that people will be kicking themselves and they won’t wake up until gold hits $2000. This is so undervalued at present it’s criminal imho.

When Gold hits $2000 an ounce people will start buying, just think what a 2/3/4/5 initial multi million million ounce resource will look like