Member Info for LUCAIN

Spoke too soon!

Say goodbye to the nineties.

I get the impression Segun is a bit nervous about a takeover approach, which might be difficult to repel while the company is between mines, so to speak,. Hence the double dividend and so on.

Worth reading element1's post on the GGP board @ 17.39.

He's talking specifically about GGP, but also more generally about a major shift towards the better gold-mining shares. Of which THX is certainly one.

Not even a pause.

Somebody certainly wanted the double dividend.

Now wait for the dip t'moro ...

Last chance!

Bit of buying, in anticipation of Friday's bumper dividend I suppose.

Of course there will be a corresponding dip to follow.

Never mind, the outlook remains excellent.

But where will we all be by 2030? I wonder ...

One also has to consider the possibility of a takeover approach, once the Douta PFS and Segilola extension are on the record.

This is clearly a very effective unit, which might be attractive to larger entity, both for its assets and for its management team -- especiially perhaps the latter.

Today's figures are for production and sales in Q4, not the net profit.

Nevertheless, on reasonable assumptions based on previous outcomes, profit for 2025 may look something like this:

H1 86 m.d.

Q3 43 m.d.

Q4 50 m.d. estimated:

giving a full year profit of circa 180 million dollars, against today's MCAP of a shade under 500 milliion, P/E less than 3.

A P/E of 4, on these figures, would imply share price circa 110; P/E of 6 would put the shares over 150.

Clearly it is not going to happen until the outlook for the next year or two is clearer - hence the crucial importance of the life-of-mine figures:

but all going well, that iS where we are headed. I.M.O.

A query. You seem to have a good grasp of the company's business.

It is now over 3 months since we were notified of clearance to commence dose escalation and pediatric recruitment.

That seems a long time for nothing to happen, even given the Christmas season.

Can you suggest any reason why there might have been a delay?

I am not suggesting you have inside info, but what do you think?

Just as a matter of interest, Thor is capitalised today at about £475 million - almost exactly the same as Amaroq, a company with which some of you may be familiar.

Thor's annual profits appear to be running at something like £150 million - we will have a better idea in a week or two.

Amaroq's annual profits? well, actually, nothing yet. But hopes are high for the future.

Is that a high price for hope? Your guess is as good as mine - or Donald Trump's.

If Trump goes for the double in Greenland, what happens to Amaroq?

He already has a US base there, he could fly in a couple of armoured brigades and some B-24s, with orders to improve security in cooperation with Denmark. The Danes could scarcely resist - or could they?

Remember this was over 60 a few years ago.

Long way to go still.

60s NOT 600s!

Re. PXC, current price is nowhere near ATH. It was in the 60os a few years ago. Long way to go!

Sure.

So where's the ten top tips?|

Two months now since clearance for (1) dose escalation to adult cohort and (2) recruitment of pediatric cohort.

No news yet on either, can't be long delayed.

Come on Vlad, tell us what is happening.