Member Info for Jambo813

Merc, you are so transparent LOL but good luck with your trades anyway.

Guys
About 30 m shares sold more than buys give or take errors which work both ways for sells & buys.
Complete tosh that IIs jumping in now cos of one date given unless the cat is out the bag .
More likely the exasperating ( for some ) game played out over weeks & months and the RNS was the opportunity to move the SP flush out the sellers ahead of Tuesday.
The 30 odd million will be offloaded on a spike next week, sigh & relax.

Let’s not forget what news on other licences could do if positive. Reaching that 144p is becoming a reality.

Think about it,
Is it near completion- Yes
Would the BOD know the relevant details ahead of completion - Yes
If they judged the report would be disappointing- would they give notice of pending completion- no
Patience

I don’t respond to so called derampers as some do make potential valid points.
Stupidity however is another thing altogether and this one has got to be the all time winner, taking it to another level.
LTL your prize is secure, nobody can take that from you but if you want to keep this up please wait until Tuesday, read the NCM report and then come back with your thoughts once your brain has engaged with your communication tools.

@Texlas30
What do you mean by
“ What I saw today was a huge amount of strategic sells at various resistance levels (in part, and as the day progressed, to allow shorts to cover). ”
How can a sale cover ( or close ? ) a short ?

Lovely comment Schlemiel, you always were a good read on here.

That is one of the most common misunderstandings that there has to be a buyer for every sale, in the context you exclude the market makers and exclude any borrow to facilitate a sale.

When there is a net 10m buys and the price falls.
Today net 10m sales and no moans about the price rise.
It’s easy to work out why LOL

PFS was expected and still only thing that counts at the moment.
MMs finding PI sellers and buyers, churning till the buyers dry up. Sp irrelevant

Good point and as far as Haverion is concerned although there is a focus on the high grade to supply Telfer asap there must be a second priority to establish the rest of the resource to the point it can be put on their (and ours) balance sheet.

Yep me too, its going to be interesting

They most certainly are.

Is there potential fir GGP to get into a situation where the upgraded MRE is not that much before they sit down to begin and cost out the actual mining? Putting a squeeze on GGP to put up funds.
Any bank lender is likely to go on our share of MRE FIGURES and not the potential we all know is there.
Just covering bases

Another entertaining & informative film for that saga was titled ‘ The big short’

Again IMO
The jorc will come when ready the hype around this is greatly exaggerated in the context of what it will do to SP expectations.
Yes it will be good news and yes it will be progress and on to the next milestone in the strategy which will be more time. Perhaps another RNS to say they have non binding offers which they are considering.
Before then the MMs will be playing on the sentiment.
And that really is not rocket science.

The jorc will come when ready the hype around this is greatly exaggerated in the context of what it will do to SP expectations.
Yes it will be good news and yes it will be progress and on to the next milestone in the strategy which will be more time. Perhaps another RNS to say they have non binding offers which they are considering.
Before then the MMs will be playing on the sentiment.
And that really is not rocket science.

Bergs
What do you mean out of my depth or did you not understand the contradiction that begged my question.
The question wasn’t put to you anyway so let Mac answer it, if he wishes.

Mac
Are you suggesting the SP is going to fall back to 14p, of course your not as that would be deramping.
If it did you would buy more as in your words
“ The more you have the more you will benefit from JORC news and asset sale news, it isn't rocket science “
So out of curiosity on how your mind works, why are you not buying at today’s price ?

So Cadia PFS in summary 3.5m oz over 17 years
About usd 0.9 b all in cost and 21% return after taxe etc should yield approx US$ 66m annual profit
Notice they used $1500 as the gold price, think this used to be $1400 in recent years