Member Info for sire_frugalman

Note, from many years ago, but could still have some relevance

Chief executive Reza Vaziri told investors: "Following record gold production in 2015 when we produced 72,032 ounces of gold, the first quarter of 2016 has unfortunately seen a slow-down in production.

"Ordinarily, the first quarter of the year has always had lower production due to the difficult winter weather conditions.

"However, the harder rock that has been encountered together with its lower grade has also further lowered production compared to the previous quarter."

Is Q1 not historically the weakest quarter here? I thought this had been commented on before, winter weather not supportive of productive ops compared to the rest of the year. Happy to be corrected, DYOR.

Arok, Samson, sand grove and qube are exposed via swaps. They do not hold shares and cannot vote.

All good rodney

No way the yanks (jpm) have bid for the chinese in todays world, imho

No it doesn't

How much is an arb trader gonna make at these prices once you account for JPM's cut?

Yes I expect TR-1 from the buyer by Friday at the latest. Quite possibly with a counter-bid too.

You think they bought it for the chinese or to make 0.1%?

Neither, I'd expect.

Why would somoene else bid if they're just watching someone else get bids rejected? It wouldn't appear solg or its assets are going anywhere if that were the case.

The short is already closed

Surely a surprise to absolutely no one

At the current rate they won't get past 2% in december... not exactly kingmaker stuff vs mather, maxit, bhp etc

Are you getting paid to post these or what?

Alexandra1 is just spewing AI slop. Best ignored.

But I wouldn't want to be out of this one over the weekend

Fund*

How would they find this? Market cap is almost the same as AAZ

Really? Surely the folks in Azerbaijan wouldn't be keen on this being taken over?

In 2023, the Group shipped all its gold doré to Switzerland for

refining by MKS Finance SA. The logistics of transport and sale

are well established and gold doré shipped from Gedabek

arrives in Switzerland within three to five days. The proceeds

of the estimated 90 per cent. of the gold content of the doré

can be settled within one to two days of receipt of the doré.

The Group, at its discretion, can sell the resulting refined gold

bullion to the refiner. The Group shipped all its gold doré to

Switzerland in 2023 by scheduled airflights.