Member Info for Helpful

Https://x.com/TaviCosta/status/1847666000872792120?t=yEdDyI4_HIZreuGL9196ZA&s=19

DYOR

And how many have you read?

Dukey, for me to know and you to waste your time on things that are irrelevant to your well being.

Put the beers away, get back on the wagon, find someone interested in talking to you who doesn't have mental issues and go do something useful.

Go find the mineral in which the next bull market is coming or learn to speak another language or read something.

The History of Western Philosophy Bertrand Russell; Atlas Shrugged Ayn Rand; A History of the English-Speaking Peoples Winston Churchill; And Quiet Flows the Don Mikhail Sholokov; A day in the Life of Ivan Denisovich Alekandr Solzhenitsyn.

A fun list. Help you with a sense of perspective.

DYOR

*$2,721.41

🤪

$2,72.41

Very good but $3,000 is better..

DYOR

I am going to keep this post. It will be fun.

$2,717. 🤪😁

None.

How about you?

Https://x.com/RRR_RedRock/status/1847219083487379705?t=YyyniHPzkxWtnIHgLbQr1w&s=19

DYOR

Https://x.com/RRR_RedRock/status/1846191491867140287?t=aJM-3XmJPY0dVDz-Vnx5Ug&s=19

DYOR

I hate to be picky Doggie old bean but you don't mean what you have written. What you mean is "produced gold" not gold it can sell. RRR has plenty of gold it can sell. Next on the agenda is produced gold.

Anyway, I won't mention your gold shorts in a gold bull market: let's keep it between us.

You were right on one thing earlier but I am not going to tell you what it is.

DYOR

Https://www.fxstreet.com/amp/news/gold-price-hits-fresh-record-high-climbs-above-2-700-mark-202410180158

DYOR

$2,712.

How long before $3,000? The margin improvement for gold assets has been huge this year.

DYOR

$2,690

No comments from the trolls, I see.. Takeaways:

1. Very significant premium to the Mako share price.

2. Another deal done in CDI.

3. Mako has sold out early compared to its declared plan.

4. But the shareholders can rise along with the Aurum shareholding.

5. Mako executive team moving on: third exit by them.

It shows that the market mis-prices these types of companies.

All good for us.

DYOR

Https://makogold.com.au/wp-content/uploads/2024/10/2024.10.16-Recommended-Takeover-of-Mako-Gold-by-Aurum-Resources-.pdf

DYOR

PS Gold currently $2,678.

DYOR

Ors, Soma says it will be in production at El Limon in Q4.

https://x.com/SomaGoldCorp/status/1836415693694341261

https://x.com/SomaGoldCorp/status/1843661155329569276

https://x.com/SomaGoldCorp/status/1814326822022287867

https://somagoldcorp.com/assets/el-limon/

These things move around but Soma's plan was for El Limon was 8k oz in 2024, 12k oz in 2025 and 16k oz in 2026. The NSR is 3% on the first $2mil. So 8k oz on costs of $800/oz gives circa $450k in year one to RRR. No doubt when it comes out with its announcement, the plan will have been updated. The royalties are paid quarterly in arrears and so if production is started in Q4 then we should receive some payment (small) in February 2025.

NB for rusty accountants and super accountants NSR Royalty calcs don't use AISC. Soma has said that costs are about $950 and AISC between $1,300 and $1,500. NSR and AISC are grade dependent and subject to recovery efficiency.

Anyway, I am surprised Boring Boy is still posting here when you could be over at Zephyr bleating about their debt.

DYOR

Https://www.proactiveinvestors.co.uk/companies/news/1058456/auag-funds-raises-gold-price-target-as-it-approaches-new-highs-silver-bullet-fund-tops-100m-1058456.html?viewSource=TwitterUK

DYOR

Morning Trolls,

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02866980-3A653122&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400

DYOR