The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It’s my view that there’ll be more news to paint that more rounded picture and foundation upon which to decide on a vote.
Let’s wait and see. There’ll be a reason SD hasn’t come over as yet. If the past is anything to go by , I expect he’s working hard on other things. Hopefully exciting ones that will add to solid foundations.
Now for this glorious sunshine. Enjoy it while you can.
GLA!
Hi lobby. It’s not a direct quote from Newmont.
However Alistair ( who we most of us have a lot of time for ) is basically saying that Newmont on,y acquire for accretive purposes , tier 1 assets. Or portfolios. It would seem , by default , we fall into that category !:-)
ATB
Loft I don’t normally address people directly however in this case if you are a genuine holder then I respect your losses if there are any currently. If it makes you feel even a tiny bit let alone , currently I and many others on here are also down on our investment as it has slipped below my average.
Is it comfortable; no not really , but as an investor I look to the realities of actions. GH had his day but he went as far as he could go and hired an excellent operator in Shaun.
Shaun inherited a poor legacy. In time though he’s making it his business to build hi,self and SH riches.
Either stay and moan or go and be done with it.
Please choose a course. But moaning will gain nothing at all even if we all feel the pain currently.
GLA
Let’s see what the next chess moves are before we all dwell on current macro factors & poor sentiment .
SD is not the Messiah however rather than relying on things outside his control , he has with each step taken us a step forwards in foundation and fundamentals , if not the SP!
I’d rather an active MD at the hr,m surrounded by experts than a showman who talks a good story.
These people know how to mine.
Mining will eventually bring long term rewards.
AIM is the Wild West. But this is beginning to feel like a real company with prospects.
DYOR but do think ahead !
Hi All
Expect all covered but been away and just watched. Bear in mind I’ve used my thoughts & so some poetic licence on interpretation!
Thanks Liam. Another great and reassuring I/v from Shaun who continues to engage with pis in an extraordinary way imho!
- EB & SE crescent link zone emerging still - fab! A continuation of high grade ore.
- decline on course if not even a bit ahead. - all set for early 2024 production & so cash flow:-)
- re juri chane of moment - my view…’yay! Cos we’re too busy hatching new wholly owned possibilities!
- fact fyi- the Paterson can strike from anywhere between 20m - 500+ m!
-the Rio targets are stand out as they’re shallower targets.
- re skin in the game - think he’s bored by this but be content imho with the fact that whilst little director equity buys it means they’re busy hatching future possibilities!their buys will come !
- re his commitment - ‘I’m all in. This is it’- good news I’d say ! His commitment speaks volumes to me !plus imho he saved us from a 3 p sale and ignominity !
-tier 1 or 2- well I feel he knows it’s a tier 1. Plus he later says we are likely to mine at Telfer and with decades of minelife. A sure thing imho
- re future jvs - ‘ the days of sharing our best assets are behind us ‘- ie. I’m not content with just being the prince of the Paterson. I’m looking to be crowned king !
- is this a multi billion potential Co - my take YES! SO THERE!,
So this is in haste so forgive typos. But honestly what else can he say right now. This is a good holding reassuring interview. I’m looking forward to what comes next !
GLA
-
Nobody loves an overdone drop on the share price. Least of all me !
However if anyone thinks SD leaving now when things are hitting up needs their heads read !
No one is a ‘ messiah’! However GH was encouraging SH to buy whilst selling close to 100 m shares at the same time ! He aided the phenomenal drop from 22 p downwards !
Imo the Co was on its knees financially with just $4 m in the bank. We now have closer to $220m plus leeway and time. No interest till we spend. More land to grab in elephant country. Potential accretive acquisition and a board that wouldn’t waste their time peeing off retail investors for the sake of it. They’re here to build.
I’m waiting and watching and doing a Buffet whilst the sentiment is on its knees. Suggest those who spout and cry daily sell and save themselves.
We all have choices and if I’m wrong. It’s my fault
GLA
Whilst awaiting SD’s announcement of arrival in London one wonders what’s going on in the background ?……
Nothing would surprise me currently as Rio jv was a welcome bonus and there’s so much to play for here ?
Cmon Shaun pull another rabbit out !
I’d like to see this over the 8 p mark at the very least right now !
GLA!
Ok so along with many others I don’t normally do predictions as it’s AIM it’s dependent on macro, sentiment , leadership , acquisitions, organic & inorganic accretion, leadership and Board direction and influence and a sprinkle of magic fairy dust plus luck & timing.
With all those caveats aside and putting consolidation aside for a minute , and IMHO only; here’s my madness with the methods behind it :
Now to 12 months - up to 20 p if all toddles along as is with ASX onboard plus good drilling results plus build up to DTM DFS & MRE for Hav and good prospects for EG Juri and Scally
12-24 months - up to 50 p if the above are favourable and EG starts it’s drilling campaign ( as we know that has a few m oz in it already potentially)
12-24 months - Tymers 88 p - if all of the above & Rio jv strikes
Now to 3 years - (Wild Card ) -Panamas Pound !- if all of the above plus SD bags Telfer & Hav
Now to 5 years - Mickeys £1.44 - if all of the above and SD elevates from Prince of the Paterson to being crowned King with other jvs under our jurisdiction : then happy days for those of us who are still here !
Time will tell !
GLA!
Well !
What a plethora of positive news moves & fabulous future prospects currently !
-Income upcoming via royalties.
-new listing coming imminently with upcoming investment possibilities
- a hook up and a bunch of new exploration potential with another serious major!
- who knows what potentially post merger talks ?!
Whoever said SD was positively ‘fizzing ‘ during that incredibly positive Sunday Roast podcast wasn’t kidding !
The SP is below the significance of these actions.
The only way is up….!
GLA! Here’s to the next bit of news …..we’re on a roll!