Member Info for Kat-079

Yes, that is an enormous cut of Mineros earnings in Nic. Ballpark reckoning almost a third of the profits there? Perhaps someone else has better figures.

Worth understanding how this difference in understanding the tax happened. I've been assuming a simple 30% onENITA. But there is also Ad Valorem tax of about 3% on gross value of gold sold (treated as a deductible expense from profit). This has much more significant contribution when the margin between POG and AISC is narrow, as it was historically before 2025, less so now. Part of the dispute appears to be over this tax.

Hi Auinspired. There might have been some sarcasm in my post re Capt Briggs 😉

Ahoy there Sakura. Yes indeed, Halcyon Days 😎Miss old Briggsy and his daily commentary.

Hi pj70. Yes, 140-180koz per year from La India and Dupax on top of that. Could be considerably higher than 200koz per year within 3 years..

SP based only on La India is over 50p for a P/E of 5. So Dupax could push us towards £1. Or am I being over optimistic?

... so no Dupax

Hi Pj70. The projections are from the MTL presentation released in November. Includes both La India and Runruno. Value for 2026 is 71koz.

Punter - was interesting to see that the predictions for production in the November presentation were 126koz, 132koz and 154koz for 2027-2029. So looks like they are planning a ramp up towards an average of 140koz over a number of years.

However, your point that we'll end up higher at 170-180koz still holds given what we know from DB interviews.

And POG gone mental too! So, yeah, bullish 😆

Just bounced off CA$5.21 on the TSX which is equivalent to £2.82. Currently, CA$5.18 which is till a good 6.3% gain.

Hopefully, SP in UK will follow suit tomorrow.

Condor Forever - Thanks, but its fine as it's for charity no matter who wins

Oops, just realised I got that back to front 😆 Doh! Still, a bet is a bet, so will pay up if it stays under 30p.

Condor Forever - Thanks 🙏 I hooe you win!

Condor Forever - that's a brave bet at 30p. Are you accepting more takers? If so, count me in for £100 too.

I know its way in the future, and subject to exploration, but anyone got thoughts the main output from Abra?

Based on the MTL presentation material it looks mainly like Copper with extremely high grades. There is also mention of Zinc, Lead and Gold too, but with less emphasis.

In which case our future gold prouction in the Philippines will be mainly dependant on Dupax?

The people over the other side of the Atlantic seem to like the results. Currently trading at CA$5.43 on TSX, equivalent to 293.8p in UK.

You have to ask yourself:

Why would someone spend 2 years plus posting the same info, over and over again, on a BB where they don't own shares. Are they a white Knight or someone with an alternate agenda?

Fantastic results, but some sad old troll feels the need to turn up and fill the BB with the same old old garbage.. Best not to engage.

These are great results. Q3 earnings of $16m which is within $0.2m of what I was estimating. Puts on course for a record breaking full year of over $57m net profit if POG holds for another month..

II - Haha, good call, I must of forgot that 😎 Nice to hear Segun confirm this though. 2 years from PFS to commercial operation would be an impressive achievement.

Great listen, and thanks for posting.

Very exciting to hear the plans for the future and timelines from Segun. My favourite bit at about 18:00 mins in:

"... we would hope to be pouring gold commercially [at Douta] in Q1 2028"

This is much sooner than I was expecting and nicely overlaps with Segilola production, even without the LOM extension (which will surely happen).