Member Info for Jerryspaniel

Paddy does that mean the first three stages were min spends but the fourth isn’t? Or have I got it all wrong?

I am sure I heard SB say that the results they are getting at Hav are 'turning heads'. Well given that they have Telfer nearby, which has/had I think 27million ozs, does this mean that Hav is more than that? I mean why would 27myn 'turn heads' cos they already have one of those?
Something to keep me awake at night.........

I thought I read that this was a 'minimum' spend to get to various milestones? So in theory if I am right then any overspend is for NCs account.

I think some of us have bought a few recently, to the extent that the MMs are v short atm. Thats why they are trying to hold it down and wont have many on the offer. Either more buying will force them to raise the price and accept their losses, or some poor fool will sell to them and save their bacon. Lets hope its the former!

Absolutely Talatum, couldnt agree more!

From my cursory analysis I like GGP (obviously), ORCP and Ariana. Based on these plus KEFI, Cora and Alba I get to about 10p of value. Not sure whether there are any other quoted investments, buy a half price sale is pretty compelling.

It absolutely wont be an issue.
a) GGP almost certainly wont own Hav in 2-3 yrs time, and may not even exist as an entity.
b) They have 5% they may be selling at a fair price by the end of this year
c) GGP have many other assets which will be very marketable if Au keeps trucking higher
d) I suspect banks, instos and maybe even NC will be falling over themselves to give them money.

There are always plenty of things to worry about, but GGP in 2-3 years isnt one of them. All IMHO naturally!

17.5myn????

I suspect the difference can be explained by either the market doesn’t like his plans or that the market doesn’t trust the slippery eel.

Seems to me that we ran out of sellers last night and continued with same today. That may have been caused by (as addicknt said) a new mining policy being discussed. But I think that the price move created the rumours about BHP, not the other way round, and this site can talk itself into a frenzy when stocks rally.
Clearly as every day passes we are one day closer to knowing NMs master plan (at least I hope so). Maybe its BHP coming up with an agreed deal, maybe its a financing package - which could include an equity component. I wont add to my position until I see what the plan is, because unfortunately I have lost trust in NM and the board, and for me that is the most important issue when investing. Still got a big position, still not a seller, still hoping, but would rather pay 25p when I know something than 22p when I dont.

My assumption is either there are no orders, or as its half term the junior mms are running the show. Nice to have a bit less volatility and probably looks better on the charts for all that.

Buster if you look at the chart you will see that there is no ‘trend’ whatsoever.
You have as much idea as anyone else as whether this is bottomed. We are, and have been for months, waiting on news with no idea when this will come. Safe to say it will come later than expected.
If you think gold is going to $2000 I suggest you buy a gold ETC not an explorer that won’t be producing any metal for years, if at all.

I think it was Jonathan Guy who said that Aussie gold miners trade at 2.5 times that of other countries.

It was a sell, as it was mine. This offset a purchase of an almost identical amount earlier in the day as I switched between accounts. I have a bit more to do, so do I sell before buy or buy before sell?

Thats why they have 'independent experts'.

I am assuming that if GH didnt think it was fair he wouldnt sell, so the likelihood is that it will be more than fair.

3 years ago. Is that how out of date Mkx007 is? I know its virtually impossible to find out what the holdings are, and Gemma is no help at all at SVE, but surely we can find data more recent than 3 yrs ago.

Surely it should depend on the newsflow, not just the amount any price might mean? As an investor I will sell either when GH cashes out (obviously) or when the price has reached a level that changes the risk/reward against holding.
If its purely about the sum of money one can miss the excess profits of the opportunity.

On the news front maybe David knows something about Goliath???

Any non traditional funding might require some hedges to be put in place, so the nice rise in Au will help the economics. Sadly Cu and Au often move in opposite directions so we wouldnt particularly want to have to hedge the Cu at the moment.

I cant see where there has been a share consolidation in Kefi. In fact quite the opposite. A couple of years ago there was about 640million shares in issue and now there appears 1.2 billion.