Member Info for markjphennesseyg

Yep, copper getting close to a new ATH.

Sageman, it wasn’t optimism or wishful thinking.I’ve no strong feelings on dividends or how Greatland monetise O’Callaghans it was just something I thought might happen. My thoughts weren’t popular at the time. My point is and to slightly misquote and slightly misuse words from Albert Einstein…..What is right is not necessarily popular and what is popular is not necessarily right. Talk of a dividend due to the potential monetisation of O’Callaghan’s now seems more popular and by the same token that doesn’t mean it is a given.

I remember posting just over a year ago about the possibility that a special dividend could maybe come from the potential sale of O’Callaghan’s and I vaguely remember the not so complimentary responses and that those responses got plenty of recommends.The mere mention of dividends then,special or otherwise, was considered by the masses a crime punishable by being hanged,drawn and quartered. How things have changed. You gotta laugh, preferably all the way to the bank.

GLA

Copper doing very nicely.

Hmmm, adding new rules now, spoilsport. Will have to rethink my strategy then.

GLA

Yes I would sell them all for £12, however I do not see anything in the rules that states you cannot buy them all, or some of them back if it temporarily drops back later to say £10.39 and then have another crack at it.

Hi Paddy,

“Also love his inference that Telfer will become effectively a 2 mill operation with one mill filled high grade UG ore from both Telfer & Havieron and the other mill continuing to run on the lower grade open pit material.”

I did submit a question for the Town hall regarding Telfer’s 2 trains and if comments about Greatland being a single processing facility company could be allayed by the fact there are two trains and in a way he may have partly answered it there.

“Some did not cash them and all their virtual baggers disappeared when the sp crashed.”

And then as if by magic,just like Mr. Benn the multibaggers reappeared.

Https://www.ullswaterheritage.org/heritage-knowledge-bank/history-contents/history-by-theme/mining-and-quarrying/child-employment-at-greenside-lead-mine

This lot didn’t have to worry about when to sell their shares or whether they used the NHS or went private, easy life they had not having to think about inheritance tax and I’m sure their workplace pension was more than adequate, that’s if they lived to see it.

I wonder what they would think if they could see us now.

Look after yourselves everyone.

Long story but basically savings.

Hi elcobbledore,not any advice in any way and Zoros has a point but I all I would suggest is that the majority of people get by on pension pots far,far less than 750k albeit they may not be retiring in their 40’s or 50’s. I retired at 50 but don’t have any kids so can’t really compare but a 750k pot would easily meet my modest everyday living expenditure. At the present time even a safe average savings account could get you at least 4% on 750k, plenty of people without a mortgage live happily on the amount of interest you would get before even touching the 750k. Not everyone needs super yacht’s and mansions to be happy. To give you some idea and confidence on whether it’s doable search the internet for average pension pot.

The other thing with retiring early is you can always just go back to work after a few years if you think it’s not viable.

The biggest unknown problem is obviously inflation.

I know they do say where there’s muck there’s brass……so who knows?

Freddie, in more simple terms what I meant was use the cash to develop Havieron.

Never mind, have a nice day anyway.

Yes the Grand National, that time of year when Maximus (named after Havieron) the border collie, keeps running round in circles barking out “I am Maximus,I am Maximus” and wants to borrow a tenner. I wouldn’t mind but he’s done better out of GGP than me. Let’s hope our winning streak continues. Freddie,maybe SD will just bet the cash on Maximus. GLA.

You old romantic Matty

😃

Hi Spades,

Already sold some in the past for answer B and am thoroughly enjoying early retirement and having being able to move to a cottage in the Lake District which we would not have been able to afford without this investment.

Still holding some for answers A and C.

Answer D not applicable to me.

I also have an amount dare I say it that I trade when I feel the opportunities warrant it.

Enjoy, I imagine that for many here everything now is gravy.

Never mind gold, or oil, or even the dollar, how’s the price of titanium?

Only if they start making tractors again speedy. A Vantage ground clearance is no good for me.

Probably wrong but I’m having a small wager on Almonty being involved. They have the capability, knowledge and contacts to mine, process and deliver Tungsten offtake agreements etc.

https://www.mining-technology.com/news/almonty-to-acquire-tungsten-project/?cf-view

There’ll always be external world events, there’ll always be commodity price fluctuations. An increase in our resources is an increase in our resources.

Yes,also looking forward to it.