The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
You can only go by what we know just now but, by what experts are saying gold and copper price will rise making our profits even bigger. But as you say nothing is in black and white . An asteroid could wipe out human civilisation. Or a small one could wipe out Havieron . Talk about a doomsday view, Freddie you must be a bundle of fun at parties ;-)
Freddie the capex for the whole mine for years to come will be covered by the first years profit .. that’s from the horses mouth SD ! The initial capex to start production is in the region of $73m for GGP and the sale of the 5% will cover that or bank loans will ! Either way no big deal ! Have you been paying attention to what’s been posted in the past ?
Freddie .. of course it won’t include loans, but the AISC includes all mining costs to get the stuff out the ground once mining, at todays prices that gives a profit of $1100 per Oz .. go do some research instead of bumping your gums !
Zoros, in the next few years we could see 3mt per year @4g/t = 12mg = approx 400,000oz with a profit on todays gold price of $1000/oz = $4bn .. so not a lot of time to wait. Oh and remember GGP share is 25% of that = $1bn
Hydrogen - his post03 Feb 2022 22:07
Hydrogen’s post has been removed again so only one thing to do let’s all repost
hydrogen Premium Member
Posts: 9,286
Price: 15.80
No Opinion
RE: moving on upToday 13:31
Morley this is how I see it:
The JPM 18m short at 16.5p (averaged sell price was 15.10p) Whether a fund of HNW we don't know. Let's just leave that parked.
The rest are IMO in a we bit of trouble... They just cannot for whatever reason, let it go over 16p. Our analysis ( and yes there are quite a few of us working on this together, for the benefit of all holders) is that the 16p point is the current battleground. Maybe there will be a margin call somewhere just above that..? or real risk of a momentum break out?
MFU - Having decreased from a peak of 53m , on 17th Jan, down to about 38m last week... They have now increased slightly this week, by circa 4m over 3 consecutive days.... But, meanwhile the SP has risen quite nicely.
Today stands at 43.6m .. That's quite a lot to buy back. And I think the reduction from 53m has in part been part of the average SP rise on from 24th January ... we've now seen a double bottom in the chart at 12.9p. And sentiment has turned, or is turning , more positive towards GGP and the gold sector
In my humble opinion, as I say, as outlined in detail a few weeks ago, IMO they still have a bear trapped short much lower around 12-13p and are on a knife edge about what to do... The mini crash on the 24th may have helped them off the hook slightly, as there was a big drop in shorts after this.
BUT If this continues to rise. They will feel even more heat. And IMO they are are trying to exit daily, whilst minimising losses and exposure.
Now CJ. That is analytical content. Read it, or don't read it . Agree or don't agree... listen or ignore.
The choice is yours...
ReplyRecommend (30)Report Post
As SD said if they come in with an offer that covers what the profit etc, will be over the next 5 years + then it would be seriously looked at ! $6bn US. would certainly make people sit up ! That is the potential at 500,000 Oz per year from Hav.
The 5% will not determine the payment it will be part of it but, they know a lot more than we do about how much is down there, plus all the latest awaited assay drill results, ( which they will know from the on-site scanner ) also all future costs will be split 75/25 which will have an influence, there is so much that will have an effect on the 5% valuation we have no idea !