Member Info for Punter64

Bushy, why not stop posting on JLP so that we don't have to put up with this BS on here?!

Seems a strange time to be bailing out just as a 120k oz pa mine is ramping up to full production but I certainly share your frustration. GL

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Oh dear, they are also preparing you for a cut in the divi from 5.46 to 4.5p.

Oh dear they are now preparing us for a 20% drop in revenue..................................watch this space

$66 million in sales revenue and profitable despite $46 million odd capital expenditure on the new mine. Decent update and things should continue to improve from here (hopefully!).

I'm sure Big Jim would look after Onion in such a scenario

Baldmark are you Onion by any chance, lol

If you announce a sale then you should sell to the highest bidder and hope that a bidding war commences. Setting some inflated minimum price which no one is prepared to match 'because we know what this is worth' is a dangerous game. God help us if we don't get a bid.

I suspect he'll take it private for 20p or less - 'sorry chaps, we couldn't find a buyer because no one wanted to pay our inflated price for helicopter survey ounces, so no choice but to take this private now.' I always said we would get a large leek rammed up our posteriors.

Yep, I think you could be right JT. Gold up 14p to $1945 but CNR down 7% - nice one Onion you are playing an absolute blinder!

I told you that Onion would have us back in the teens and there it is.

Wake me up when we hit 20p Bushy.

Yep, hence my comment about DB always chucking water on the fuse. He needs to think about getting the sp up for a change.

I seems odd given the fact that we are very shortly due to be producing 200k oz pa with low aisc and gold at $1930 that the sp isn't rising. This is stupidly low given those facts (not to mention Dugbe too). Gets on your t*ts after a while!

With gold at $1930 I thought we would be quite a bit higher already, but then again DB always seems to manage to chuck water on the fuse just as it is starting to ignite!

Good to see Onion's blinkered email buddies still giving him their full support. What we really need now are a few of those twitter emojis to lift our spirits!

Two hopes of 60p-80p - Bob Hope and No Hope.

Yep, the 'early summer sale' has proven to be an Onion pipe dream. Trouble is Onion and Big Jim believe their own hype about the value of CNR based on helicopter surveys, modelling blah blah blah. What was needed was drilling to actually create proven ounces. Trying to sell at an inflated price based on their assumptions about potential future exploration just doesn't wash as we are now seeing. Awful strategy from an awful CEO.

Falconer, property prices are falling and probably will continue to do so for the foreseeable with a further rate rise being touted. That means the NAV here will fall - not good.