Member Info for Punter64

'Allinspired' - You are certainly going for it!!

DB's schedule always stated end of September for the mill to arrive at La India, so we remain firmly on track.

Good to see gold back over $3400. A rise to $3500+ would be handy and help to offset the slight reduction in production.

Fair point Sakura. In my defence I hadn't anticipated MTL saying nothing about an issue for four weeks

Blimey Aulnspired, you are certainly going for it! Well done.

Production forecast to be back to normal in two weeks., so four weeks has passed since the stoppage occurred. I think this could have been made public some time ago.

The main thing is production guidance remains unaltered but will be towards the lower end. Just a blip really. Been scratching my head regarding the recent selling but now we know the reason!

Meanwhile gold having another crack at the $3400 level.

Probably just waiting for a berth to become free.

Thanks aulnspired, good to know it has arrived safely. Looking forward to it arriving safely at La India. One of the priorities is to set up the excellent laboratory that came with the mill, so that we can start analysing all of the drilling that has been going on. We should get a steady stream of results once the lab is up and running.

That interview is well worth watching/re-watching. What a prospect this is. Hold and prosper has to be the best strategy here. As DB says, he just needs to execute the plan. Very exciting times ahead IMO.

With gold prices where they are currently the last quarter result is likely to be replicated. So, if MTL continue to throw off $47m per quarter that is ample to fund the La India build. La India will then fund the Dupax build. Quite simple. Only when Runrunno ceases current operations around the end of next year can the plant be repurposed to take Dupax ore.

Yep, exactly CFC, no need for any funding here.

Thanks Aulnspired. You certainly went for it this morning, picking up cheap shares after yesterday's drop. GL

Well done. Where is Titus?

It is very likely 'the answer'. Why did you sell your shares? People need to sell for all sorts of reasons, or maybe they are just happy to bank profits. It is highly unlikely to be company based. There has been nothing but good news recently and everything is proceeding to plan. Interesting that you are trying to sow seeds of doubt.

Err the sp did drop significantly when you sold Sakura, I remember it well. The drop today is due to somebody selling a significant holding, it really is as simple as that.

Sakura, have a look two posts down.

I don't think there is any mystery. Somebody seems to be selling a large holding, looking at the 100k and 250k sells. It wouldn't surprise me if Jim Mellon is still selling what was left of his holding but it could be anyone.

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