Member Info for Lukee

OUTLOOK UNCHANGED

· 2021 gold production of 400,000 to 430,000 oz, at cash costs of US$800-900/oz produced and AISC of US$1,150- 1,250/oz sold

From final results

Hopefully saving all the news for tomorrow! GLA all. Not a bad close.

Centamin also down? The market makes no sense sometimes.

Cowichan, I know you question why we have no news on this, I did message you on Twitter.

Maybe no news has been released currently as we are waiting for an extension on exploitation licenses as currently only valid until November 2021.

Future reduction in costs of production at Sukari and the possibility of another takeover bid at these levels, couldn't not. GLA

Great find Siko... RNS 7am tomorrow hopefully with more info

On HL it gives me a cash value for the dividends which isn't available to reinvest yet, strange

Maybe because of debt?

Imperial Brands had UK£11.7b of debt in September 2020, down from UK£13.7b, one year before. On the flip side, it has UK£1.67b in cash leading to net debt of about UK£10.0b.15 Jan 2021

P/E below 6
10% dividend which is covered 1.8

Apart from smoking becoming more and more unpopular in the West, this seems very undervalued.

Hopefully we can get some good news to counter the decreasing gold from BOD/ FED start buying up more bonds!

Topped up too. At these levels talk of a takeover will become more loud.

Thinking about what CEO Martin Horgan spoke about with regards to the terms of the new areas being discussed, it did seem he wanted terms where we could use current processing equipment at Sukari but have better profits from such than the current profit sharing agreement. If the new concession is close to it, it would save a lot of expenditure to running and faster with what is at Sukari next to it. Exciting times, GLA.

Janet Yellen becoming Treasury secretary who while chair of the FED she seemed to not mind the idea of negative interest rates and shes already talking about huge spending with low rates currently.

Gold down again after open. Not what we wanted to start the week with. GLA

It was down before close in UK, since then 10y treasury bonds gone negative and as such gold has increased. Hopefully a good day tomorrow! GLA

It isn't being reintroduced though as the petition states. If it was, I would be outraged also. It has been given emergency authorisation to be used to fight yellow virus outbreak on sugar beet, a non flowering crop.

"Along with the UK, 10 EU countries including Belgium, Denmark and Spain - countries with significant sugar production - have granted emergency authorisations."
https://www.bbc.co.uk/news/newsbeat-55566438

I'm in my 20s Mrtibbles, I'd like the bees to be around for much longer.

But this isn't a Brexit/ EU issue which you make it out to be. Even in the Guardian article - "The UK, however, has now joined EU countries including Belgium, Denmark and Spain in signing emergency authorisations for its use, according to the Department for Environment, Food and Rural Affairs (Defra)."

Its an emergency use of it, it isn't allowing them to use it for fun. Its to ONLY be used on beet leaf infected with yellows virus - which is a non flowering crop as the article also states in the Guardian.

Its been allowed with an emergency authorisation, The EU also does the same in the current circumstances. The UK voted for the ban while a member and Tory government.

"However, an Unearthed investigation has found that in the two years since the ban was agreed, EU countries have issued at least 67 different “emergency authorisations” for outdoor use of these chemicals."
https://unearthed.greenpeace.org/2020/07/08/bees-neonicotinoids-bayer-syngenta-eu-ban-loophole/

Non story, would of happened if we were still an EU member.

More US treasury debt, more FED printing to lower yields and also more likely to go negative (not so likely shorter/medium term, but BoE is now expected to do such, like ECB and BoJ) . More USD usually means a higher gold price.

Hopefully overnight it will go back up. With the Dems taking both the House and Senate... and of course they will have the Presidency they will have nothing stopping them with massive stimulus. Already saying they will be giving everyone the $2000 checks. Gold looks good from here, GLA.