Watch the full video from focusIR/London South December Webinar with TRR, KAV, ACF. View here.
See chart within. https://twitter.com/stebottaioli/status/1732811322637668572
Forgot to share the link regarding my post https://www.kitco.com/news/2023-12-04/Rio-Tinto-approves-77M-PFS-for-one-of-the-best-undeveloped-iron-ore-deposits.html
This is not related to Winu, but came up on my Google search ref: RIO. I am sharing because the figures are massive, but for RIO they are not, which shows what a powerhouse the company is.
They are spending US$77 million for a pre-feasibility study (PFS) for a project of theirs..... and they're also planning to spend more than US$265 million on exploration over five years from 2024 to 2028 as part of the ongoing study phases for the project. That is serious spending power.
Perhaps provide the RNS next time? https://wishbonegold.com/wp-content/uploads/2023/12/WSBN-RNS-231204-Mineralisation-over-3km-strike-at-Red-Setter-kmw2.pdf
I think $2,132 was the high https://goldprice.org/spot-gold.html
Https://twitter.com/MikeCristo8/status/1731485386168467679
Looks like the next 12 months could be mental for GGP of gold 🚀🚀 like this
Crikey gold is finally been let loose after being manipulated by JPM (aka USA govt) forever. What’s this mean for money flows into the precious metal sector? Will we see the wall of money finally invest into the goldies? Shaun and co. must be thinking about that ASX listing sooner than later now? All that Aussie pension monies willing to find a new investment. Hopefully someone asks about the ASX listing at the AGM. It feels like H1 2024 could be good timing.
Click the YouTube video I shared this morning. He has a target of $2900 but expects a lot of selling when the gold price hits $3000, profit taking. From the various video interviews I have watched I suspect the gold moves in 2024 will be very pleasing for all goldies. I am hopeful the share price for GGP will be back in the 20s once again.
He is really bullish on Australia and the mining sector. Australia pension funds do invest into miners so this is all really positive for GGP once ASX listed.