Member Info for Rebess

Hi dazah

Thanks for that. So, what sort of patterns have emerged today in relation to individual purchases/sells that would form your opinion. - Is there anything that stands-out?

Hi dazah - £50k - that's not liquidity for bots, That's pocket-money not worth bothering about stuff. - My comment was in the context of high-volume, high-value, high liquidity algo-trading and not the constraints that a mid 250 might impose. - Just my opinion of course and you're right I don't have L1 or L2. So far I haven't needed it, however, it's lacking might be the flaw in my argument.

I would question that there's sufficient liquidity in this share for it to be a serious target for algo/bot interest.

Hi dj - That would be good. - We'll be dusting the 'Golden-flip-flops' off under those circumstances. - Of course the fundamentals here have always supported such a scenario. But, for one reason or another, they haven't been able to achieve such status. - Let's hope that all changes.

Hi djryan - Hope you're right. - I want you to be right. - But you'll forgive me if I express doubts as to whether we've had all the bad news. There's just something about the way they have gone about delivering news that doesn't sit right with me. - To put it simply, I do not trust them and the way they communicate and before anybody says 'Why don't you sell then' - all I'll say to that is 'That's my business'.

Hi mizolgit - If it has anything to do with bad-news from the mine, we probably won't know til Friday. - That is their usual modus for delivery. RNS after close-of-play on a Friday, giving the closed-period weekend to take some of the sting out of it. - If there's recovery in the meanwhile, it's most unlikely to be the case. - IMO

Substantial rise in POG. - NY Fire-brigade will be on red-alert I should think. - IMO

Hi Goldnome - Well, that's the theory. - Good luck if you're going into bat to prove it. - Boy, you'll need it. ;-)

Hi Tibbs - I agree. - A chat in the pub where we all attempt to put the world to rights. - Amazing that technology exists that allows us to communicate in this way. - Also,so far as I'm concerned, it's a say anything you like chat. There wouldn't be half the entertainment if we all shared the same view. A few verbals every now and again adds spice.

On a new note: Not long to go now before the end of the 2018 story. - The facts will speak for themselves. - We all know what we've been told. What we've been led to believe. - Let's see how the facts match-up to the rhetoric. - Will trust be restored or will the facts only lead to bigger questions? - Who knows.

Farting should be banned - that would help.

Well, demand for physical delivery does not relate to the paper-price, a non-delivery instrument, and those who influence the fake paper-market price are filling their coffers as fast as they can. - So you can apply all the fancy arithmetic and logic you like because they exist outside of the facts. - It is a fact however, that the false paper-price is a key component of control and that fact more than any other underlies the current state of play. IMO

Hi Herbie

So what! - When did they last get it right? - Recently, either Junker or Barnier, I can't remember which, stated, disparagingly, that there was a Farage in every state in Europe. - Well, I don't know, he might be right. - There's one thing that is for sure, there's a Goldman Sachs man in every central bank in Europe and Carney at the BOE is one of them.

Hi dazah - No!

Hi Cowichan

I wonder what is meant by complexes? - I think partly he must be referring to Refining and Vaulting facilities. - If I was the Egyptian Gov. the idea of vaulting would have a massive appeal.

Hi carlywarly - There is so much now outside of supply and demand metrics that controls/influences the market as we know it. - Conventional economic-wisdom is side-lined in todays manic market-place. Stuff is happening that isn't even taught in the 'Science' of economics. - Algo-bots are responsible for much of market-momentum.. Even the 'Law', put in place as a protective measure, stands aside, turns a blind-eye, whatever, as part of the phenomenon/equation that has become 'Economics' controlled by a handful of elites. - Forget conventional-wisdom in trying to make your calculations, it's no longer an entity IMO. - Where does that leave us? - Frankly, I don't have an answer. All I know is that we can't do any thing about it.

https://www.abc.net.au/news/2018-11-22/engineering-firm-rcr-tomlinson-goes-into-administration/10544980?fbclid=IwAR371-sscg2xSHIb2ivFUzzJeEe4av_Qcf0S7FBRLJxPWQ7yFJ_4JzmvJn0

Everything hunky-dory after cash-raising rights issue. - Within a few weeks, guess what? - Now where have I come across this 180degree news before?

It would be nice to know what Oct. production figures were.

Cracked it :-)

Gold @ $1200 per oz. - AISC of $775 per oz - Profit of $425 per oz x 48000 = $20.4m
= $9m to them (45%) $11m to us (55%) - near enough.

I've got it I think. - There must be a month lagging in payment. - So, the Oct. payment must be profit on Sept. output.
It's gotta be don' yer think?

Hi siko - Many thanks for your post giving us an overall insight.
Regarding us doing the maths in relation to your figures :
In Sept. $4m was paid to EMRA on the back of a production of 48,511 oz
Oct. $9m was paid.to EMRA - Pro rata this would equate to production of 109,150oz - Extrapolated to annual output at this rate would = over 1.3m oz - I think I must be looking at it from the wrong perspective of production/profit. - Any thoughts anyone.