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Johnpwh - you may be a correct, however the last time I expressed an opinion some cloister ( an Irish expression and definitely not a term of endearment ) took exception to my views. Signing off. Will monitor the discussion board and no doubt read more infantile entries in the future.
I agree Acechaser. The lower Aquifer has not been the issue, Newmont are the problem. Once they decided they were divesting Havieron in October 2023, the work went into creep mode. SD has to be polite and grease palms so as not to upset Newmont.
In December 2020 the price of Copper was 2.60 dollars per pound, now approximately 4.5 dollars per pound. Gold was priced at 1900 dollars per ounce, now at 2353 dollars per ounce. Copper accounts for approximately 20 percent of the mine resource.
If we do achieve at least £1.00 per share I will remove myself from England and settle in the tax free haven of Gibraltar. The Conservatives have made a mess of governing the country over the last 14 years, however I fear Labour will be even worse. I suspect Mark Carney is advising the Labour Party on how to extract more taxes out of the middle to upper classes using novel methods.
Enzo if we make a cross comparison with Centamin which has the one mine Sukari in Egypt and produces between 450 and 500 thousand ounces a year then I would say 1 pound plus is a more realistic estimate. This is in recognition of the fact that it will be significantly less expensive to mine at Havieron and we don’t have an Egyptian government who take an appreciable share of the proceeds.