Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
check out the endeavour press release...
https://s21.q4cdn.com/954147562/files/doc_news/2019/12/2019-12-03_Endeavour-Press-release-_vf.pdf
I think your right Mr Booth, I could make a better offer than that! Do they think we are desperate? or are they trying to get in before we, and all the other goldies start to report strong quarters with gold circa $1500 for the last 6 months
Good article Tiger, I read those all the time, even so central banks are increasing money flow as they dont have strength to normalise moneytarisation, in the meantime our miners and GP go down. Worlds going completely mad.
Check out the fed borrowing in this link, increased by $180bn in four weeks...
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
I hope your right, I would like to see some more evidence of this gold bullmarket soon!
I’m starting to think we can’t win in short n medium term against QE, they keep printing money, earnings remain high n no one cares about fundamentals, the markets guaranteed to go up, if it’s kicks up a fuss they adjust monetary policy to accommodate.
Am I missing something or shouldn't we have final results last Friday?
4 Days ago by the Alrosa Boss:
Evgeny Agureev, Director of the United Selling Organization ALROSA, said: “The diamond market is still experiencing headwinds from both macroeconomic and industry specific factors, which have an adverse impact on the midstream. There is also a seasonal slowdown weighing on the summer sales. Meanwhile, for the first time since 2010, August sales were higher than in July – mainly due to the replenishment of stock by diamond cutters and polishers. Besides, a regular trade session in August started later than usual, so that some sales recognition were moved to September. It is still too early to come to firm conclusions based upon it. However, we are still expecting that after a significant decrease in rough diamond supply by major diamond producers since the beginning of the year, the excess stock in the system is decreasing. This will help to restore supply and demand balance which should not take too long”.
Personally, (unless economies tank) I think there will be a recovery in Diamond prices from early to mid 20. Argyle is set to close late 20 and they will be reducing sales as this happens, by their own forecasts. Ive read there is already a marginal improvement in prices and stock in the middle is slowly being cleared. in addition some other companies including DeBeers have reduced production and sales, marginally.
We have $26m, this is enough for 9-12 months. We need debt adjusted and a couple of good finds with some improvement in market ROM prices and a Argyle mine closure date which I google for every week. I bought another ÂŁ5k a few days ago(half a million shares) its all bit of a gamble, but my average is now super low and im on for ÂŁ25k a penny movement with my holding. Its a gamble.
Have to agree, very good and I shoudnt tempt fate but looking super for 2020. AISC should fall much further IMHO from current levels. Down to gold n the dollar but first half will be looking strong come Christmas and should be in the bag.
I think we've discussed buy outs many times and until the court case is settled there is little chance, if it weren't for the court case I agree, and I think we would have been bought already.
Presentation not taken well. I think investors are cautious after last years shenanigans, they are bailing after reading between the lines. Disappointing re production, but I think the company are also being disingenuous saying cost rises are 17% in line with targets, what bull****, 17% is unsustainable. Finally progress in solar farm, Africa, court case all look bogged down, management cannot perform on any level.