Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://twitter.com/Osinttechnical/status/1779344109993418771?t=hoP7ltGMhVBjwebMD3aymw&s=19
So what does Israel do now? Eye for an eye.....
I think they hit the manufacturing facilities.
DYOR
FAFO
https://twitter.com/UKikaski/status/1779259104432726171?t=v4fxR4w0GUkqgfqVufEg7g&s=19
DYOR
Yep. I saw the crash earlier.
Was just about to post this
https://twitter.com/GoldSilverHQ/status/1779250419065041105?t=mrJ-fJRxpab_0sQblLsAlQ&s=19
Snoozies shortly.
DYOR
Https://twitter.com/BabakTaghvaee1/status/1779249408887959642?t=e3Uh1O53_sF_momIeek9pA&s=19
Https://twitter.com/visegrad24/status/1779252459484959200?t=vzU8O0jWrtek32sjkAlSGA&s=19
This guy is not always 100%. It may mean that Israel and Iran are now at war. First thing I would do is take out the Command and Control and then the drone factories.
DYOR
Https://twitter.com/BabakTaghvaee1/status/1779240856899211380?t=wNFMB8nJ9-lZLe-FUurXaA&s=19
I follow this guy. I largely agree but no plan of battle survives contact with the enemy.
DYOR
Https://twitter.com/PeterSchiff/status/1778878390453276776?t=5Llzl5R3U7Xqe36wTTQy6A&s=19
DYOR
Goldman Sachs updated gold forecast
https://twitter.com/zerohedge/status/1778812604934181243?t=S2GUoHT1OIyHMmYl9ZKJ3g&s=19
Says gold going to $2,700. GS bringing its view more into line with those saying $3,000 is incoming.
Whichever way you cut it $2,300/2,400/2,700/3,000 is a long way from $1,900. Anyone with gold assets is sitting pretty: in six months gold companies have gone from the wallflower to the hottest girl in the room.
PS new DRC Cabinet with ministers sworn in this weekend. Say goodbye to Peter Kazadi boys and girls.
DYOR
Https://twitter.com/zerohedge/status/1778812604934181243?t=S2GUoHT1OIyHMmYl9ZKJ3g&s=19
Jodrell.
Https://twitter.com/goldseek/status/1778844885384122614?t=2S3jW8MuhDOoCKOp3bSa2A&s=19
DYOR
You need to do a course of cost and management accounting you might understand it a bit better. You until marginal cost equals marginal revenue, even if it doesn't cover overhead.
If you take a look at the pretty piccies on Twitter, you will see that there is already mined material sat at the pond waiting to be processed.
Given no finance costs, leasing costs etc the main cost will be labour: in Burkina Faso de minimis.
DYOR
It doesn't matter Maid, it is done and can't be undone..
I agree that there have clearly been people who have forward sold who wanted the SP lower thinking they could either get back in on a placing or buy cheaper in the market.
We should be in production sometime next week, assuming all the bits of paper can't be dealt with in a timely fashion, if not the week after. The issue is importation paperwork for the wash plant, VAT and import duties and all that good stuff.
On a reasonable basis, the wash plant should generate something like $255k pm of free cash flow. Once they have that on site and producing, they can start the other wash plants moving.
The big thing is getting a production licence to produce at volume; again, with a following wind and bit of efficiency that could be September/October. There are wash plants out there that do 220 tph that don't cost very much. Get four of them rocking and rolling and we are talking serious money.
DYOR
If this happens, oil and gold go bonkers....
https://x.com/EretzIsrael/status/1778757083258638838
DYOR
Https://x.com/pauljohnson9691/status/1778793980777341223
DYOR
Yep. We China trading nearly $100 higher it should keep going up.
I remember not so long we had people on here sneering that gold would go over $2,000, then $2,100 and so on. Now it looks that $2,400 has properly fallen in London (already well fallen in China) and it is still going higher.
The margin on production just gets higher and higher.
DYOR