Member Info for lmlom

Nice, but what did the Romans ever do for us?
That said, I do have a very good frwend in Wome,,,, who's name escapes me :-)

So for the last 9 days they've averaged 3.9grams per ton, from the last RNS mill efficiency is currently at 75%, so circa 2.95grams a ton recovery, currently putting 360 tones a day through the mill gets them 1061 grams a day, 9 days running is 9550 grams, that equates to 337oz.
At todays spot price of 1964usd/oz that's 660,000 usd for the last 9 days, and would, if achievable for the next 21 days equate to a rate 1,100oz a month, this high grade seem has come at the right time, not out of the woods yet but looking a lot brighter a head.

USA defence budget for 2023 is just shy of 800 billion USD, not even sure how may zero's that is, under pecurment is the list below, I would say if your an American steel manufacturer you will need a steady supply of good quality met coal, that's before the infrastructure bill. I'd say one thing about the Americans, they keep it in house, especially defence spending. Typically circa 760kgs of met coal per ton of steel, that's in its coal form, not once processed into coke, wonder what a battle ship or nuclear sub weights?

Nuclear Enterprise Modernization to recapitalize all three legs of the nuclear triad ($34.4 billion). Investments Include:

COLUMBIA Class Ballistic Missile Submarine - $6.3 billion
B-21 Long Range Strike Bomber - $5 billion
Ground Based Strategic Deterrent (GBSD) - $3.6 billion
Long-Range Stand-Off (LRSO) Missile - $1 billion
Lethal Air Forces ($56.5 billion). Investments include:

61 F-35 Joint Strike Fighter - $11 billion
24 F-15EX - $2.8 billion
15 KC-46 Pegasus - $2.9 billion
NGAD (Air Force) $1.7 billion
Modernized Naval Forces ($40.8 billion). Investments include:

2 DDG-51 ARLEIGH BURKE Class Destroyers - $5.6 billion
1 Frigate (FFG(X)) - $1.3 billion
2 VIRGINIA class Submarines - $7.3 billion
Combat Effective Ground Forces ($12.6 billion). Investments include:

72 Armored Multi-Purpose Vehicles - $381 million
74 Amphibious Combat Vehicles - $631 million
3,721 Joint Light Tactical Vehicles - $1.1 billion
Missile Defeat and Defense ($24.7 billion). Investments include:

Ground-Based Midcourse (GMD) and Improved Homeland Defense/Next Generation Interceptors (NGI) - $2.6 billion
Terminal High Altitude Area Defense (THAAD) Ballistic Missile Defense - $335 million
PATRIOT Advanced Capability (PAC-3) Missile Segment Enhancement - $1 billion
Long Range Fires ($7.2 billion). Investments include:

Funds to procure highly-survivable, precision-strike, and long-range fires—from hypersonic to subsonic – across the joint force
Space and Space-Based Systems ($27.6 billion). Investments include:

Space Based Overhead Persistent Infrared (OPIR) Systems - $4.7 billion
2 Global Positioning System (GPS) Enterprise - $1.8 billion
6 Launch Vehicles - National Security Space Launch (NSSL) and Rocket System Launch Program (RSLP) - $1.6 billion

https://twitter.com/ReallyBensCreek/status/1639222823771074560?t=Kba1QLMTWlSYGAXOyrBFrg&s=19
35,000 tones by the 24th of the month would appear to be inline with current production rates, if there was no slowing down in Feb can we surmise the bulk of Febs production has been shipped? Best wait for the first quarterly production update I guess, stick to facts.
Update on the 2nd HWM being in position and fully commissioned should land later this week.

The other interviews over 8 month old, he's directly asked about the rest of 2023s order book, in reply he states already forward sold circa 70% of the higher monthly production with the 2nd HWM running. Think we'll leave it there, the true picture will hopefully become clearer once the quarterly production updates kick in.

https://audioboom.com/posts/8263752-midweek-takeaway-featuring-adam-wilson-ceo-of-bens-creek-aim-ben
Last weeks interview, 6.35min, Addam says already sold circa 70% of this years higher production, wants to be able to sell the rest into the spot price market.

Ha, read his post history, the guy needs to take a chill pill, I'd start with valium.

Think they are delayed trades from last Thursday, 16th, from memory I think that was the price to buy, though at the time they were reported as sells, I purchased 1,000,000 at 0.3088 from memory

Gold upto 2, 008 usd/oz today

US steel market sees strong growth,
https://www.barrons.com/articles/us-steel-stock-steelmakers-guidance-4f914438
Circa 770kgs of met coal per ton of steel.
https://www.bhp.com/what-we-do/products/metallurgical-coal
Looks like if your a USA based steel manufacturer you'll be looking for a reliable, high quality local supplier?
I think Adams new phrase is "building the brand"
Circa 70% of 2023s aggressive production is pre-sold, ships booked.
Steady away, all moving in the right direction, maybe not as fast as some would like, but as long as we get there.

Just picked up 1,000,000 showing as a sell at 0. 3044

https://youtu.be/oo_N9u8s050

Yep, bigger pour than the 1st one, it's overflowed into the 2nd mould, guessing it will be from the milled high grade material? To soon to be ex leach pad? Either way good start to the week

I thought the OCIM deal fell through because their last minute requirement of having the rights to the mining licence was not currently allowable under Kenyan law?

If that's a standard gold bar mould, it looks close to a full bar, so circa 400oz, at todays spot price that's around 700k/usd, best guesstimate

Milked share holders, he purchased £56k worth with his own money last year, let him milk away i say

Looks like Mohammed Iqbal is on site and doing his bit to get us to 55kt this month, do like it when the CEO rolls his sleeves up and gets stuck in. Perhaps he's there to see the 2nd HWM arrive, must be due any day.
https://youtu.be/IDtRJznZ-mE

JC, well said, and with that I'm of out on a big walk, time for fresh air, it's free, currently ha, best post of the day GL

FW nail, hammer and head hit the

Their current JORC compliant resource is 1,300,000oz, if over the next ten years they only manage to extract 20% of that, at today price for gold that's equates to 501,800,000 us/d