Member Info for Punter64

No idea where you are getting that notion from. We are already producing and will be continuously for years to come (accidents aside). At current gold rates there id $200m free cash flow to come from Runrunno with more revenue to be added when La India starts in Q4, We are NOT an explorer.

One of the dangers of a higher gold price is that the mid tier producers are sloshing in money and we may well get taken out. There are very few new builds that have our resource and resource potential (5m+oz) and an aisc of around $1000. It wouldn't surprise me at all if we get a bid soon after we get into production.

Seems fairly measured to me copter! Looking at the average forecasts for 2026 at Runrunno we can expect around 55k oz at an aisc of around $1500. So, at todays gold prices that comes to roughly $200m of free cash flow. These sort of numbers were a pipe dream a year or two ago. All this cash, hopefully flowing in, debt free, and La India progressing ahead of schedule with production hopefully starting in Q4 and then ramping up to 180k oz pa. Bargain?!!

How is it 'less risk' exactly? What do you think can stop la India coming in to production this year? THX is just as 'risky' if not more so

140m ?! I wish.

Particularly as we already have a mine built and up and running nearby. I will be interesting to see whether DB mentions it on Monday.

Yeah, but at $5000 gold it will certainly be profitable to mine if the resource is considered big enough.

2027 not 2007, lol

And so it should be with gold up $170! Dupax would have been a nice addition but wouldn't have come on line until second half of 2027. Plenty of time for DB to pull a rabbit from his hat. The main thing is we are churning out record profits from Runrunno until early 2007, by which time the real story (la India) will be heading up to 145koz+ at an aisc of $1000.

Simms, don't forget the La India design has already been changed to increase production to more than 145k oz.

Simms did you needle the person who sold, lol

Tititaki, I totally agree Nic seems to be a much more mining friendly country than the Philippines. If we can find another concession there that has been drilled already by a major that would be great. We do have Rio Luna which had some very encouraging drill results done many years ago but I am not sure of the full potential there.

Simms Dupax will not be done at La India? I thought Runrunno had a lab? Forget about Dupax. Part of me is relieved not to have to hear about the protests non stop, lol

Blue finish anyone?|

Hopefully he can pick up another area In Nicaragua (he mentioned some that have already been drill tested by one of the majors) and get the Runrunno plant out there once the mine life ends.

Sorry, but what is the'lot of risk' exactly. La India will come on line this year, with very little risk of it not happening. Meanwhile Runrunno will do about 55koz and at today's gold price, even at the higher aisc will bring in over $100m this year.

Gold up $205 how long until we see $6000? Two weeks!

I am also retired, have been for seven years.

I don'y know why you are banking on this. It will take six months to repurpose Runrunno so no need for this news until around August time given that Runrunno keeps on going with the current ore body until a few months into 2027. Of far more imprtance is the successful commissioning of La India and also the increase of the La India resource. The lab will be up and running next month and we should then start seeing the results of all the drilling that has already been done there.

Yeah, way too much focus on Dupax protests on here. You would be more surprised if there we no protests! Just all part of the process. Meanwhile, Runruno carries on coining it into early next year by when La India will be coining it on a much larger scale.