Member Info for Seingred

Pp,

Sprott.”how much skin in the game”

“How so”

As far as I can see it was Mellon that forcast 150 k oz production for this year then turned around and stated we are not mine builders🤥

Glad I set a limit sell for 36p. Still have some left just in case. Agree e l, need to read the pump and

Simms, Omi😜. Big day elsewhere . Pan American going great nm etc. too much going up to sit like apostles in Groundhog Day for me. Good luck

Anybody who doesn’t see the last funding was awful perhaps shouldn’t be investing ! Let’s see what the next one looks like and we will have a better idea. Hopefully not 25% discount please !

Mm Surrey , obviously not the same presentation as when he predicted 150 k oz production lol. Cnr share price was 50 p 5 years ago and £2 10 years ago. Bank of condor pays pretty poor negative interest!

Still 36 p is ok sell today if you bought in the teens or even mid twenties.;)

Simms. You can’t offer sanctioned bottom of calibre as an example . I bought calibre at $1.25 a few years ago they are now around $2. In the meantime they have incorporated extra mines increased production and profitability and vastly increased their reserves . Similar with mako. Most producers are way off their 2020 /21 peak.

Constant sexing up of everything won’t make a jot of difference when the fat lady sings.

Akri, dunno but clearly a few ./.heads about.

Yep let’s all say boooom in unison that should do the trick lol £1 by chrimbo again.

Any advance on £1.30 anyone . Come on slippery u know you want to;).

Simms, can you point me to the miners that you refer to that have doubled?

Broom so perhaps just selling a some is a good compromise. Hedged both ways unless one is deep under water.

Any price sensitive info should be released pronto so the update could well be another progress is taking longer two parties yada yada. However we should be encouraged that mc apparently has moved to a tax haven ! Does anybody have a clue what his current sale incentive looks like?

As far as we know we have an asset sale, if it were to convert to a takeover I assume the takeover commission need to be involved which in turn I would imagine should be rns as with any loi etc.

https://m.youtube.com/watch?v=UXKak8AzBpg&pp=ygUhTWVtYmVycyBvZmZzaG9yZSBiYW5raW5nIGJ1c2luZXNz

So, cash burn for the last year is $2.6 m with little exploration. Last raise was $500 k less costs for 9% dilution. We can assume higher costs if any drilling is to be done . Interested to know some estimates of how much drilling will be done this year. Costs etc and how it will be financed. Looks like it all hinges on a pretty big re rate otherwise another 30% dilution just to keep the lights on this year. easy just quoting golden tickets , ggp , 2 largest majors but at the end of the day it boils down to time and money. Any delays makes next dilution closer still with no real progress in oz.

I am still adding little bits on pullbacks and will wait and see how things pan out.

Jack. My spare is going clsk and Mstr and cipher. Dyor obvs😜

Since the strategic review there has been £7 m raised and almost burnt and more options , etc added. I don’t discount another quick raise yet possibly most likely the last of mellons cheapest warrants.

Something that hit me in the recent pump piece. Mc has joined the other non dom directors in tax haven. I find it unlikely that mc holding will be in profit and he has had years to fill his isa pension etc. do we assume the undeclared nature of his bonus will put him in need of non don status?? The piece also failed to address the fact that until notified, it is an asset sale. I imagine all relevant options and warrants when cashed will could well be a nice trough for the bbod to award themselves for their sterling work in shareholder appreciation.

The problem in this country isn’t paltry support for peeps incapacitated it is the tax dodging non dom culture that runs the country and keeps its wealth offshore.

Incidentally, does anyone use Tobin hood. Interested to have any feedback. Apparently they have 24 hour trading which could be useful?

Tml, yes pretty simple. Most of my holdings are us or Canadian now and I am a simple lady builder 😜

Slippy. Yeah almost a de ramper lol. Mind you the sp did reach around £2 then and very much smaller ammount of shares in issue.

I thought it was first Cnr with the outrageous predictions.

Simms, Havnt sold any for a bit, in fact bought some back higher but getting itchy to let a few go soon if we reach 35 p.

Market certainly looks like it is expecting news.

Hi cf. reserves of over 5.5 m oz as opposed to Cnr 600 k . $1.25 b construction complete and sub $1k aisc. Also 14 yr production rather than 8. 1 m oz production not too far away for equinox. Surprised nobody sees them as possible purchaser .

I hold calibre and equinox however I still expect it to go Chinese.

888, nice run in newmont!

Hi Dukey. Anyone for a consolidation?

Simms, it is an assumption that calibre had interest. Personally I have never thought it and I hold there. Happy to admit being wrong on that one if it transpires.

Ortega is moving further away from west and democratic ideals all the time. China is the obvious desired end result and gvnt will have final say imv.

Good to see 30 p breached and hope to see it hold. Perhaps news is close ? I am getting ready to maybe let some more go soon if we move up circa 35 p. There is always the possibility of a suspension on news I imagine .

Ccc, it is common sense agreed