Member Info for Seingred

Bd ,yes polkadot .
Having some success with grt and aave atm but eth is my banker been in and out a few times recently .
Kasama looks good too linked with polkadot .

Bd, yes .this should be the big year ,halfway ,hopefully but of course like everything it may prove not to run to form. Expecting eth to have a good couple of weeks prior to eth futures listing .
I am adding some ksm link and dot .Any thoughts ?.

https://www.coindesk.com/goldman-sachs-to-enter-crypto-market-soon-with-custody-play-source

Frenchie ,bitcoin crashed after its previous peak at the end of 2017 . Bitcoin cycle seems to revolve around the halvings . I started buying eth on the way down in 2018 from $500 down to $100 . It has taken 3 years to see real profit . Of course some will get caught out when cryptos crash just like peeps in cnr have been locked in cnr for 10 or 14 years without seeing profit and many have been wiped out with dodgy aim lifestyle companies diluting them to death .

Uk saw 10 years of growth during those years , unprecedented in the prewar period . The global banking crisis brought it to an end primarily from us sub prime . I dont think holding more gold would have made any difference .
As regards gold I dont see it as any different to any other commodity .They all have their cycles and bubbles . Not many saw the end of the last gold cycle till it was too late and probably the same will happen again . Easy to ignore the 25 year gold bear market as a reference . Lets Hope cnr are getting it out of the ground and debt free by then .

https://www.ft.com/content/5788dbac-7680-11e0-b05b-00144feabdc0

Reallranger , you could argue that the tories holding on to gold during a twenty year
Downturn was a far bigger mistake . They could have invested in progressing this country rather creating mass unemployment , selling off council housing and privatisations that created a spiv economy and the french owning most of our utilities . Hindsight eh .

Cheers cambells .of course its not profit till banked .dropping back a bit now but I am hopeful for more to come . About time ,I had a few from ortac days .

Not saying it will but thats my buy price . Been loading in arcm recently .

Set a limit buy for around my favourite 40 p .

Jt , yes itm doing well .ceres too . Noticing over us there are some stellar performers in the green energy sector .

Jt , keep an eye on arcm . More to come there hopefully . Dyor obvs but aa looking at a deal .

E l ,cannot imagine why mark wouldnt want calibre owning a percentage .personally I would see that as a big positive .I would rather see calibre buy in than a heavily discounted raise again with nice cheap warrants .
Personally I dont see $50 for 75 k oz . I wonder if they are combining a toll and 40 k oz production .
Cambells recent example shows a similar construction @$75 m . I am staying on caution side and going for 40 per cent on $70 m giving 28 m shares plus any outstanding warrants .
Mc did mention a figure I believe of around 70 m in presentation for 40-50 oz I think not too long ago .
It is also possible that calibre want a fixed ore price . I remember mc stating that calibre could do what they wanted with the ore . They could mix it with lower grade ore of their own I guess . Could be barking up the wrong tree with that one . Mc has been pretty tight lipped about toll detail apart from that comment as far as I have seen .
More waiting for confirmation . All will become clear in the next 6 months hopefully .time to sit tight or add .

Cf . I would say £200 m m cap if we were producing 60 k oz near our projected aisc is fair reasoning . That will be a couple of years away unless a toll deal transpires . What we dont know is the amount of shares to divide by to give a share price . £200 m is about 3.6x present m cap . You definitely cannot multiply the share price 3.6 x . As you say ,this is the start and further down the line if gold continues to rise we should expect a share price above £2.00 providing there are no problems imo . But these figures dont show how we are multibagging this year ,unless a toll deal does happen.
What you are not taking into account is calibre are debt free with further capacity , some impressive grades in drilling and a lot of free cash which has to be taken into account in their m cap and their proven management team .
I havnt been keeping up recently ,I was under the impression that we are likely looking at 40-50 k oz pa but thats a specific figure that I have obviously not seen .was it in a presentation cf ?

Lets have the toll deal please , asap ,then we will see some proper sp action .I dont think that there will be a massive re rate for confirmation of the land personally .

Ha ha , steve .what the americans that cant agree which one of two geriatrics won their election so have violent coup attempt in parliament . President pardoning all his bent cronies and trying to pardon himself .

Nero ,cnr has dropped nearly as much in the last week percentage wise ,only difference is cnr hasnt risen 1000 per cent since march .
Personally I have sold most crypto for now and looking to buy back lower as it has been feeling a bit toppy but 20 per cent drops and rises arnt really much in bitcoin .
Erdles ,lol who needs uk banks ,particularly hsbc . Paypal uses bitcoin anyhow most most will be hanging on ,lth .
Anyone that wants to start small and free you can open a coinbase acc and do some simple quizzes and earn a little bit of crypto .my kids got themselves about $40 worth of free crypto yesterday .

https://medium.com/in-bitcoin-we-trust/what-will-be-the-first-central-bank-in-the-world-to-dare-buying-bitcoin-321114072080

nero ,you work in open source . You have posted that you hope to buy mrs nero a house if gold and cnr multi bag as you expect . You have ignored an opportunity in your sphere to buy mrs nero a mansion and are most likely sitting on a loss in cnr . How ridiculous does that sound ?

People know there will be a finite ammount of bth .

over what timeframe cambells ? Longterm ,bth for me .

Cambells , good comparison example . A finance deal similar would be great but I am still expecting. a 70/30 Or there abouts .
Similar plant costing $ 76.5 m .
Construction starting feb 2021 and ramp up q3 2022 .
My guess is that that probably means ramp up for cnr q 4 2021 or quite possibly q1 2023 .
Thats the figure for construction . If a toll deal doesnt happen cnr will have to also cover running costs ,exploration and financing repayments until production revenue in 2023 .
A toll deal certainly will make life easier . I still cannot see why if 40 /50 oz is $75 m why we are not going 120 k oz at $120 m considering 80-120 was the deal being forcast when gold was $1250 years ago .

395 , you could well be right . Would be good to see sustained run above 60 p .