Member Info for JungleBabbler

Just to reiterate, many great comments on this board.

Many thanks to all - I'm properly encouraged!

JB

Good news............

I thought Argonaut came in at £6.20 ?

https://pbs.twimg.com/media/G7Cq3mLXAAApnZ2.jpg

Institutional investors such as Blackrock et al don't pony up a shed of notes just for a 10 or 20 % rise. They are in it for 100% 200% etc.

My personal view is that the insti investor base is sufficiently wide that unless they are buying big time behind the scenes any speculative bid would be very, very difficult to pull off. IMHO. PS don't forget Newmont still own near 10% - they know what this is (now) worth and it ain't £4.50

Sit back and enjoy the ride. My own view is that this time next year anyone who bought recently at around £3.50 will be looking at doubling their money. In other words, given what we know - both published and unpublished I'm thinking £7 is on the cards come Dec '26.

GLA both LTH and STH

JB

Given that SD is doing a Town Hall in the UK on the 11th Dec he must surely leave AUS on the 8th latest to allow for unscheduled stops in the Maldives or wherever.

Also bear in mind he'll want to do some chit-chat in AUS in the days after the FS is released so it seems to me the HAV FS has to drop in the next day or 2. We're literally now just hours away from some exciting news!

q. What am I missing ?

JB

I added 150,000......

looking good I think.

JB

Same on HL. My Dec shares have vanished/stolen, perhaps Rach has been at work a say early...

I'd normally pick the 4th for personal reasons and it does seem quite an obvious choice but I'm going to plump for the 7th.

The metrics of this Havieron project are going to be extremely interesting; besides obvious ones of no of oz and mine life keep a look out for the IRR (internal rate of return) which indicates how long the project takes to pay for itself. My understanding is that an irr of 33% means the project takes 3 years to pay for itself 50% 2 years etc etc. So anything above that would be mightily impressive.

Can we dream of an IRR above 100.....

JB

Zoros,

Michael Burry seems to think so. He's just taken a $1BN short against Palantir and Nvidia.

In £ note terms £700m Palantir and £145m Nvidia

Palantir chief executive Alex Karp said a bet against chips and AI was ‘bats**t crazy’.

You pays your money and you takes your chance.

JB

Someone still loves this share having paid £100k for a bunch.

Tidy as they say in these parts.

It's actually easy to understand. Share Prices are FORWARD looking, not backward looking. What we did yesterday doesn't matter pre se, although obviously things like Cash in the bank might help with things you want to do tomorrow. But the bottom line is how much cash are you going to ake in the next year and the year after that. And that is what determines the share price (oh and maybe a dash of sentiment - if you're lukcy).

Transcript is here..........

https://www.investing.com/news/transcripts/earnings-call-transcript-greatland-resources-q1-2025-sees-strong-cash-flow-gold-recovery-93CH-4309331

I bought 5000 at 62.5 @ 08:04 showing as unknown but def. a buy. Tried to get some at 08:00 but trade failed to go through at 60.7......

But who is doing ALL this selling?

...must the some more UK PI's

Shame - the party has only just got started.

New rns

Says who ?

Only our favourite Canadian Pierre Lassonde.....

https://youtu.be/JpjLPYxlny8?si=oUv6K9jiG33_ifvv

(originally posted by dickie3times on the MILA board)

Incredible, but his logic sounds good to em.

.... a chart which shows the gold price as a percentage of average annual US household disposable income.

When gold peaked north of $800 an ounce at the end of the inflation-wracked, war-torn and oil-price-shocked 1970s, that figure was nearer to 9.5pc. Right now, an ounce of gold represents less than 6pc, which suggests gold could hit $6,000 an ounce before it becomes too expensive for the average (American) pocket, should history repeat itself.

... this is from the Questor article "Gold has never been more expensive yet nobody knows what it’s worth " in the Telegraph dated 6th October

I've got a lot of time for Mr Lassonde so if thinks $17,250 then flipping heck.

$7.45 just now

- but the ASX fares are lit better

Really. So no big dip since on the ASX then.

I must have imagined it.