Member Info for Madpunter

Erazzel - My guess would be that SN has used some or all of the 1.7,bn shares that the company has authority to issue, to pay Lawyers in shares. This would explain why the company has lasted so long with all the court cases and no income.

Chileone - If that is true, why does SH want shares from SN and ZM under the guarantees and why don't they just give him the shares, instead of money?

I'm thinking about India as a possibility for retirement. It's one of the BRICS and is therefore less likely to adhere to the WEF'S New World Order. It has laws to protect the elderly and they have to be cared for by their family. The Hindu religion frowns upon those who don't respect the elderly. Plus, as the country doesn't have an old age pension ( there are pensions for government employees and benefits for those in poverty), the government doesn't have the same incentive as in the West to change the demographics. In the UK we're allowing millions of younger people to come to the UK. At the same time we're reducing the older population. Under the Liverpool Pathway we starved the elderly to death with 'Nil by mouth' until it was banned ( this happened to all my aunties and uncles and my mother was told off for giving a drink of water to her sister. If we treated our pets like this we would get a prison sentence ). Now my cousin who recently retired from the NHS tells me it's still happening and now called 'Dying with dignity.' When I went to hospital for a minor operation with local anaesthetic they put DNR on my notes. I asked why and was told it was compulsory for anyone over 60. I told them it was only for the terminally ill and even then required the approval of the patient and also a close relative. I made them write out another sheet and ripped up the one with DNR. In Scotland they recently asked people if they could update their medical records by adding DNACPR. They even asked one deaf person over the phone.

The elderly are still being targeted with the COVID jab and people are now aware of the excess deaths and are declining the jab. This has resulted in the Flu jab now containing the COVID vaccine as well, to try and force people who are worried about catching influenza to have the COVID vaccine (remember Andrew Bridgen was invited to number 10 and asked what he wanted not to make the speech about the COVID jab). Now the government is removing the Winter Fuel Allowance of £300 and looking at removing the single person Council Tax reduction. Add the increase in energy bills of around £150 and pensioners could be looking at £1000 less in their pockets. Many will starve or freeze. All I need is a good payout from SOLG, followed by a decent rise in Gold after I put all the money from here in Gold producers.

$2501.1/oz.

Therefore, when Gold rises another $315/oz, the profit for the Gold at Cascabel will be 4 fold. The price of Gold used in the PFS was $1700/oz and the median costs for large miners is $1328/oz, which gave a profit of $372/oz. The payback for the mine at Cascabel was 4 years, therefore, when the price rises another $315/oz the payback is only one year. IMHO as the price of Gold rises, the higher the price the majors will bid, as they won't want to lose to a rival.

Coggy - Sense of humour is still intact, even if everything else is falling apart.

I'm ever the optimist, but with all the can kicking down the road and the death of the high street, the biggest problem will be finding a Woolworths still open for Coggy to do his mooning.

Yes RK, but while I think most thought that BHP would benefit from DC, due to his previous employment, I find his current employment interesting. Will his knowledge of SOLG encourage a bid from Gina? Gina has the adjoining prospects and now employs DC as well.

The question is who benefits from his governance, SOLG, his previous employer or future employer? His sacking probably rules out SOLG.

DC getting funding for Arafura which is backed by Australia's richest person isn't news. If they didn't get funding it would be news.

SJN1 - As I posted earlier today, the profit trebles with the today's Gold price.

The median costs for large Gold producer's is $1328/oz, which equates to $372/oz profit when Gold was $1700/oz.

Therefore, with today's Gold price of $2460/oz the profit increases to $1132/oz, which is treble. Hence, the 4 year payback becomes 1 year and 4 months. If some analysts are right and the Gold price rises to $5-6000/oz, then the payback drops to 4-5 months!

The median price $1328/oz for Gold producers, equated to a profit of $372/oz using the figure of $1700/oz inthe previous Hannam report. The current price of $2472/oz equates to a profit of $1144/oz which is more than treble the previous profit.

Hannam have only increased the Gold price by $50 to $1750/oz. The current price results in almost treble the profit from the earlier $1700/oz figure.

****nal - why do you think sn makes nearly all his donations to the republican party and why do you think frr gave back the dolphin field? imho trump will negotiate a peace deal between putin and zelensky. putin will get the crimea and the dolphin field and the usa, eu and uk will get to develop block 12.

Increased acidity is what kills the coral. The IPCC tried to blame the increased acidity on the extra few ppm of CO2 in the atmosphere. However, it's colder ocean temperatures which increases the amount of CO2 that becomes Carbonic Acid. If you warm up the ocean the Carbonic Acid turns back into Carbon Dioxide. You can demonstrate this process in your own home. Take a chilled 2L PET of pop from the fridge. Pour a quarter of it out and squeeze the plastic bottle until there's no airspace, then replace the cap. As it warms up to room temperature the bottle expands and the space above the pop fills with CO2. Now there's a saturated CO2 layer above the pop. Yet the CO2 is still separating from the pop and pushing the bottle back to it's original shape. It's not a few ppm, yet it's still not going into the pop. Place it back in the fridge and the CO2 goes back into the pop and the bottle shrinks back onwards.

An extra few degrees would give a third crop in some parts of the World and a second crop in many, by extending the growing season. It would also increase the number of species on coral reefs. The coral triangle is the warmest part of the oceans and has the most species.

1984 - Unfortunately, the climate emergency cultist's have been brainwashed into thinking that a few degrees of temperature rise (it actually fell in the run up to the millennium, until they changed 15°C to 14°C) will be catastrophic for the human race. I think they forgot that we're a tropical species that evolved in East Africa. Our blood temperature needs to be between 36.5°C and 37.5°C. If it fall below 35.0°C, hypothermia begins. Therefore, even in areas where the temperature is a pleasant 21°C, without clothes, shelter and adequate food we succumb to hypothermia in a few days. If it rains then without clothes and shelter hypothermia can begin within hours.

Andrew Bridgen was right. All that's happened is a baton change. All the parties with MP's except Reform are the same on the four main issues :-

1) The push for Carbon Zero (except it will speed up under Labour).

2) COVID lockdown (it would have happened sooner under Labour and lasted longer).

3) Illegal immigration (it will increase under Labour).

4) Funding the war in Ukraine ( it will only stop when Trump forces them to agree a deal).

Goit - While you may be right there's the Geopolitics to consider. IMHO Ukraine will be forced by Uncle Sam into a deal where Putin will retain Crimea and the areas already taken over. Russia will then develop the offshore gas and supply the East (India and China). Georgia will then be free to supply the West (the EU with Hydrogen converted from Block 12's gas). Think back to FRR giving up the Dolphin field because we were awarded it in an unfair manner. Name me another business that has ever given back such a valuable asset? When this new tender process resulted in an American company with Russian backing winning, FRR took the Ukraine Government to court for not carrying out the tender process properly. A few years later and there's war in the region. IMHO this is all about regional power and control through energy security. FRR, Ukraine and Georgia are just pawns in a massive game of chess. The GG could have taken the asset after the arbitration, the transfer to Green Capital, the fields left contaminated the local environment and by not extending the PSA. Name another company that has survived so many court cases, especially when virtually insolvent? IMHO when looking at all the facts, due to the Geopolitics, we're still in the game.

Current not cut

$228bn in ground value was recently posted.

1 - 5% typical take over values.

I'm going with 2.5% = 144p (I calculated this at the time of the $228bn valuation). Although the cut metal prices are lower, they're expected to rise considerably in the near future and this mine will have decades of production.