Member Info for sandgrounded

Actually it is a Cyclone and not a typhoon !

Cyclone Ilsa is also expected to dump heavy rain on the region – as much as 200 to 300 millimeters, according to BOM – and vast areas of the state are under flood watch.

“Riverine flooding may significantly impact roads and access routes, with many paths becoming muddy or even inaccessible over the coming days,”

https://edition.cnn.com/2023/04/13/australia/cyclone-ilsa-western-australia-thursday-intl-hnk/index.html

What this illustrates is that mining is a risky business until the mine is up and running. No one can predict what could happen and hence the sp is where it is.
I have not sold, but I am aware of the risks!

TT referred to this yesterday ( thanks), but it has also been on this mornings BBC news programme, stating it is one of the largest to hit the Western area of Australia.
Should it get to Telfer ( as indicated by TT yesterday), could any resultant severe damage cause its owners to close it and claim the insurance on it?
Let’s hope it doesn’t happen for obvious reasons.

Panama, I hope I have not offended you. I have not had the pleasure of meeting you, but one of these meetings, I will get there and buy you a drink, when I see you, to make up for my error.
All the best.

SAS, great answer lol!
Your musical knowledge is good. ;0)

Someone may have been accumulating slowly by keeping the screw on the sp, but time is now running out with a possible decision on the Newcrest t/o at the end of this month!
Not too much time to pick up the low hanging fruit, so will have to go higher to succeed!

Great post Panama.
I am picturing you with the grandkids over Easter, watching that film and writing up your post after it!
I’m wondering where Toto fits in ? ;0)

India's central bank reports another gold purchase

https://www.kitco.com/news/2023-04-10/Bank-of-India-reports-another-gold-purchase.html

Russia, China and now India now increasing their gold reserves. How long before we have that gold backed currency to rival the dollar?

If Deltic are going to post news, then you would expect them to wait until after the Easter holidays, so that any momentum in the markets can be maintained. A good time to pick up some shares today, whilst it is quiet.

Newcrests sp has been moving up this week, which suggests that the takeover hasn’t hit any problems as yet.

It would be nice if Havieron isn’t wanted by the big boys, that Telfer is included in any sale, to lower the final purchase price of the two assets. Who knows GGP could then sell on Telfer to Wyloo!!!

Central bank gold buying update: 2023 sees the strongest start to a year in more than a decade

https://www.kitco.com/news/2023-04-04/Central-bank-gold-buying-update-2023-sees-the-strongest-start-to-a-year-in-more-than-a-decade.html

Showing presence of gold.

https://www.asx.com.au/asxpdf/20230404/pdf/45nbnzsyhsj8tg.pdf

No offence meant CP.
its good to see a sense of humour.
Good luck.

It’s those diamonds!!!!!

What do you think CP? ;0)

Comex gold futures poised for record-high monthly close
Jim Wyckoff
Jim Wyckoff
Friday March 31, 2023 10:25
(Kitco News) - If Comex gold futures prices can hold near present levels seen on Friday morning, the yellow metal would close this last trading day of the month at a record-high monthly close, basis nearby futures. The previous record-high monthly close in gold futures was recorded in July of 2020, at $1,973.30.

Weekly, monthly, quarterly and yearly high closes on the last trading day of each timeframe are considered significantly technically bullish for a market. The near-term and longer-term technical postures for gold were already bullish, and a record monthly high close today would just add fuel to that technically bullish fire.

The all-time intra-day record high in nearby gold futures came in March of 2022, at $2,078.80. Given the present very bullish chart posture in gold, that record intra-day high is well within reach in the coming weeks, or sooner.
https://www.kitco.com/news/2023-03-31/Comex-gold-futures-poised-for-record-high-monthly-close.html

Maybe it is better to be unimaginative, then I wouldn’t have to think about anything and none of us would have anything to talk about.
Anyway I wish you and all of us, good fortune.

Why’s that? Funny how it was going up very nice Ely until the US market is getting ready to open.
You have your view and I will have mine. In any case, I wish all holders good luck.

US investors ( NEM?) now putting the sells in?

For information only.

Please look at todays Rns, issued on ASX. There are some concerns by the ASX, which have had to be answered by ARV.

https://www.asx.com.au/asxpdf/20230327/pdf/45n29td3hp4pr6.pdf

I think all shareholders want to agree with that scenario and we have to trust the board to deliver it. I wish us all good luck for that.

That’s why we need to take action to get the sp up.

I suppose We could always ask Wyloo to pay for the warrants at 10p. Now that would be a positive!!!!!

(Apologies posted to wrong thread before).