Member Info for Punter64

I certainly didn't! If MTL do 20k oz this quarter then we should see about $60m of free cash flow, if gold maintains these levels.

$4200

The only likely delay to La India (as stated by DB) is the wiring from the main grid (2km away) to the site being installed. The likelihood is that the construction will be completed quite a bit ahead of schedule and then it is a matter of when the power is connected. Hopefully that will happen early enough to allow operations to commence ahead of schedule but it may not!

Yeah, the decks have been cleared now ready to move up sharply IMO, particularly if Dupax results are positive. I am fully loaded for now but if Dupax is a goer I will be selling other holdings to move more in here.

$4100. I thought someone on here was saying that peace in the Middle East would lower the gold price, lol

Dupax news could drop any day now. If positive the sp should surge. Hopefully the bad news is out of the way now and the decks have been cleared for a serious rerate upwards.

Agreed, Q4 should be the best ever assuming no unexpected hold ups.

Surely China restricting rare earth mineral access is a boost for this project? The EU should be more focused on getting this project prioritised.

Awful as expected, so good to get them out earlier than last year and move on once the dust settles. Annoying to read that the first two dupax holes were not done over the main ore body (according to the ip survey)?!! May have been best to wait until the ip survey was completed before drilling!

Quite simply the Q3 results will be poor due to an 8 week stoppage, so some people are selling up hoping to get back in cheaper. That may or may not work because the market is already fully aware of the stoppage and Darren has said that the results will be bad.

Not to mention Abra which should be a massive copper/gold porphery.

Crazy to think we were 16p back in early July when gold was $3300! Now $700 higher and we are 15p, lol

Seems to be still around. One 250k trade went through earlier this morning. Augers well for the week if he/she continues.

Gold up $61 and looks likely to break $4000. $61 adds $4.3m pa at 70k oz production.

It all depends on whether Mr 250k continues to buy in the coming week/weeks. If so then I could easily see 17p+ this week. Let's see.

The handbrake is coming off finally. Up she goes!

Possibly, there certainly was a seller (Jim Mellon I believed) but the positive price rises in the last week suggest maybe whoever it was has ceased (at least for now). You can't be sure about these things with all the unnamed trades that have been going through in the last few weeks but the direction of travel in the sp would seem to be a fair guide.

I noticed earlier that four further 250k trades were reported late yesterday. Someone is definitely accumulating in 250k lumps. Will it continue today?

Yep, that forecast La India aisc is amazing.

Dupax results could land any day now. If have to be in to win! If results show Dupax is a goer then that will be a game changer.