The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I am long term holder in BP - but now looks like we are stuck in a rut even with the buybacks - I think better short term growth value at mo in other sectors like travel and banking -so thats where i have put half my bp holding - supect the PoO will dip again then i will possibly come back in for some more. I also hold still a bit of Harbour and Shell...so not out of the black stuff yet
With SMR and composite hybrid turbofan - more good news to come....working hard in the background on H2 powered turbofans....we are over the hump and when you look at results from the airlines where flying hours are through the roof - this share price stilll has a a lot of legs
'Why would they want to let go of a Tier 1 asset!? doesnt make any sense'
Because its a business - if the money is right you take the money move on and expand the business elswhere..We shouldnt get hung up on that - we need more than just Haverion to drive the share price up
I dont think folks are reading the RNS before commenting.
""Under the terms of the farm-in and joint venture agreement which governs the Juri Joint Venture, Newcrest could elect to become the joint venture manager at any time following an initial period. Newcrest has now exercised its right to do so""
Greatland had no choice in this change of management - its was agreed when the JV was written up - so to me its neither good or bad news - its just normal business for a couple of companies with a JV - lets move on
Are you saying its reliable becuase case numbers are going up in Australia...
where as in England because case numbes are going down
https://coronavirus.data.gov.uk/
this isnt reliable?
More info on that nz gold mine - I think it was closed before my visit and re-opened becuase price of gold shot up -looks like they are now mining under the pit https://oceanagold.com/operation/waihi/ i just post this because for ages I really wanted to ask a dumb question....or two....
A . why not open cast mining....? too big too deep
B. if the ore is so great... and you want it all out - how do you stop the whole thing becoming a hole anyway...
C. in my electrical engineers mind I would mie from the bottom and let gravity do the work of letting it slowly collapse..
dumb questions I know
Hi bamps,
I wasnt trying to be thick - was assuming revenue figure you mentioned was price of gold x gold mined without any operational costs in the equation.....
I was then trying to think of operational costs ( and I have no idea - but assumed that was a lot) would be subtracted from revenue to give profit... my mistake
I walked around staring at this big hole in the ground in 2010 - https://www.newzealand.com/in/plan/business/waihi-gold-mine-tours/ and the costs jut to get dirt out the ground was huge - i was just interested what operational costs of deep mining would be,