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Netflix getting hammered with a loss of 2 million subscribers. This is proof of falling disposable incomes and is surely a precursor to a fully fledged recession. I can't see things getting better for this year at least. All positive for gold and hum in the long run.
Bring on the dugbe news.
GLA
I have written off my holding here. One I've got horribly wrong but that's life. Wouldn't it have been better to do a placing in the 40s? This looks like it may go to zero
For those that haven't seen the latest pasofino presentation, it's on YouTube, and well worth viewing. Can't insert links here but you can search for 'pasofino gold red cloud 2022 pre pdac mining showcase'
Dugbe DFS is 80% complete as of 8th March, and on track for completion by mid April. They have also negotiated fuel duty which has been reduced by 50%. Of course, still a long way to go before production.
GLA
Almost impossible to predict so I'll leave it there.
Of note is the new plant at Goedehoop south, which is supposed to add 1 Mt per annum. It should be in operation now. That's what I'm looking forward to on Tuesday.
Also, looking at the chart, there are a couple of gaps at low 700s and 680 or so. Good top up area if it goes there.
GLA
Hey bonker. Almost at the magical 2k mark.
Loving your optimism on gold as always.
I've got a good feeling for next week.
Just out of interest, does anyone actually think we'll get 4 interest rate hikes this year? Personally, think it's almost impossible with inflation running riot + Russian invasion.
Commodities are back in favour. GLA
Excellent grades again, koroussa will be a beast. It looks like I won't get my final 12/13p top up. Minimum target of 30p here.
One thing to remember is that yanfolila was built on time and on budget.
Bring on 2023!
Very tempted to grab some here. Sub £4 would be amazing.
It's risky of course, but any signs of a ceasefire, and it'll be back to £7+
Hi bonker,
I too was pleasantly surprised by the reduced AISC. This is how a company should be run.
Nice to see it hold above 20p. Can see it moving to 25 if gold continues to surge. I wonder when the buybacks will commence - I seem to remember this was mentioned in a previous RNS
Someone posted the link to the form on the PAF board. My brokers were very unhelpful, effectively leaving it up to me to sort it. One thing to bear in mind is that the price usually drops by the dividend amount pre tax.