Member Info for pj70

Appears to me that January we either get confirmation on the financing OR not after the DD is completed and then full steam ahead implementing the report to get a producing mine. Do we have an operational mine manager that has done this producing set up before?

Too much newsflow in Q1 for this one Smooth and could go either way mind you but if it goes the way people expect and the trading volumes today are anything to go by then something is in the wind

Alot of interest today in the christmas week a notorious low traded week!

Lets hope Dupax is not far away from information being released?

For those that have been invested in here for awhile has MTL leaky pre announcement in the past?

Element well posted and was about to say the same thing that a poster on LSE forum does not drive the price of a £3.5bn market company unless they are Twiggy Forrest and somehow i doubt he would be on an online forum.

If the results had been bad there are hundreds of workers on the telfer site and at perth HQ that would have blabbed a week or two weeks ago and we would have seen the ASX dive as a result. We did not see any of that price action and as Element stated this is now in the hands of the big boys and not PIs that drive this price and they are buying with a longer term hat on at a significantly higher target price than £5!

Last 2 trading days seems to be alot of interest in GMET - anyone have thoughts as to why?

Thanks Prickly will do on the report and thanks triumph. So effectively we have about 21bn shares on issue but the key thing is circa 13m market cap. Be interesting what the EBITDA is on that 25m revenue.

Very new to Bezant and been trying to read the company website but nothing on there as far as presentations etc. Just tried to read RNS and listened to a couple of very boring youtube videos. Can anyone enlighten me why one should invest in BEZ for 2026?

Well done Bamps and good on you for taking a profit when you decided you wanted too. I too sold only 2500 shares on friday as wanted to buy more MTL which i have done as another gold producer with legs and a relatively new aussie CEO that reminds me of SD.

Still hold a large position in pension and ISA in GGP and will continue as think £10-£15 in the next 2-3 years is feasible with a 4000+ gold price.

Also just wanted to say thanks Bamps for the information you have shared on here and your knowledge and have a great christmas.

Yes that was the video i saw but there was also another one where he gave dimensions of size of deposit at surface etc.

Anyways lets hope for a sign off from the locals and they can start drilling - fingers crossed

Yes Punter he did and if that is the case will make the majors if the deposit if of size will make La India the pennies under the sofa cushions.

The lab in February i alluded to earlier is a big one as well as then the drill results for the various licenses and greater la india area will be coming thick and fast

My understanding was that the porphyr zone is not 400m underground eg Haveiron at GGP. This is surface level copper mineralisation and therefore alot cheaper to mine and when they DO drill below surface rather than surface sampling it could be very very promising for a very very large as quoted by DB a 1bn tonnes target from just one deposit and there are several on the license!

What i would say was that GGP was down 3% today at open and i wonder what Bamps is saying is what the market in oz knew but the the larger plays are looking at this as a longer term play and brought the price back up and beyond with a rising gold price.

Fair play Bamps and do what you need or want to do as it is your money.

I would be surprised with 45k ozs or effectively a halving of prior qtr output in 13 weeks. You mentioned 5-6 weeks out of action due to maintenance but i was under the impression it was 2-3 weeks but if not then let us know as interested to hear.

So it seems they are backing that interest levels will reduce so backing themselves to buy in a low risk Tier 1 jurisdiction that is business friendly unlike the UK and the north sea. As a a longer term play this looks ok to me and from a strategy perspective.

Trump is not anti business so he is not going to impact anything to do with a mine in the jungle away from the capital where if there was ever going to be an issue it would be there. The mine is made up of locals as well mainly and IF something was to happen it is unlikely production would stop at la india. I just dont even see where this risk comment about Trump and Nicaragua has come from as the current regime is effectively installed by the US govt. Now back to reality.

Gold price pushing forward we are 8 weeks from a lab at La india being in place and the commencement of full scale drilling operations across the patches of land we have. Dupax news must be only weeks away as a potential additional mine or not - so hoping that it comes up positive as this will be the short term kicker in SP alongside gold price until we get further drill results. The other key point for me in Q1 is getting the sign off from the locals to drill Manikbel copper deposit - the fact there are several porphyr deposits on the license is huge and hoping that the main one that DB has mentioned a couple times is as good at surface as below as we could have a tier 1 mine size wise with copper!! This for me is the big prize with MTL

Not sure why people are negative on the RNS.

Firstly there was news and there has been a delay but we are talking weeks nor months for first production as all equipment will be on site shortly and then once producing the off take agreements can be signed. Looking like 2026 could be a good year and expect this price to bounce back in January and head north on first revenues.

Surprised by rain this time of year as temperatures are normally 40/45 + in northern wa. Hopefully telfer not impacted badly

The corporate tax rate in Nicaragua is 30% but only relates to tax income that relates to Nicaragua and not overseas income. The 3% levy will be on the good sales so rudely speaking 33% on taxable income which is after costs and without going into detail probably no depreciation or amortisation added to it which are chunky values for the plant and machinery.

Nothing to worry about it / Oz corp tax rate is 30%

Vic be great to get more movement upwards in 2026 and just by banking 700-800m aud we should alongside the MRE, further drill results and hopefully an idea on when the WDU will commence hoisting out ore. Lots to look forward too.

Have loved hearing the stories and how it has impacted peoples lifes for the positive. I just hope that the next 2 years are as positive for everyone and we keep that slow and steady climb in SP as production starts to climb especially in 26/27 year when we start putting some higher grade Telfer ore through the mills - thats my hope!

Been a great end to the year for GGP and the shareholders on this chat and the information from many known posters has been fantastic and wishing you all a wonderful christmas with you family and friends.