Member Info for SonOfABoo

What's the plan for this past the LoM 2026 date? They clearly have one considering the energy / expense of taking over 100% of it? Any informed ideas? New investor here.

Reasonable view to have. They are two separate companies in their outlooks, for sure. But its also a diversification play for me too. Both are still cheap based on production alone IMHO. Both should do well.

Agree, I also own a good chuck on MTL, it's set for very aggressive growth in 2025, same as here, on a fair wind both should surge given time.

PIs might be taking some gains off the table, good luck to you if you are, but someone is loading up, they'll let you flog close to a 6 figure sum before any AT, and the volume may top 1milliin here for the first time in a long time, and on a non RNS day, someone is rolling their sleeves up and taking the plunge in a big way.

We've gotten used to PM / Juniors being so bombed out, I think we forget what a company (should) or at least has the potential to trade at.

Tamesis Partners released a new research note using a $2,600 gold price and have forecasted a year end 2025 net cash position of $54.3m and a year end 2026 net cash position of $98.4m, which is current MCAP in net cash in 24 months!

If these stocks ever go back to trading at 8 PE, or anything like that, this could 3 or 4 bag even from here.

Why can't we dream...

SP going up on every buy now...considering how bombed out the sector is / was, top earners like SRB will rocket on any sizable rotation back into the sector.

Https://events.engageinvestor.com/Engage-Investor/Serabi-Gold-Plc?bmid=a730c5b99b58

From this week. Extremely bullish. The next 2 years should be huge cash generation years, and I see this at £2 a share in 12 months. Could be more.

Https://news.sky.com/story/amp/candy-backed-metals-exploration-swoops-on-condor-gold-13264464

Looks like another AIM / LSE Gold Junior about to disappear for a song.

The Vultures circling the Condor, couldn't help...lol.

These stocks are so cheap it's bleeding obvious to take them out.

Deficit and Bond Yeilds blowing out seems to be the cause, there looks to have been central bank intervention this afternoon to take he steam out the rise?

100p probably is a psychological barrier for buying and selling, it's probably sime people's arbitrary sell / top slice point.

115p and its multi year high implications is what interests me.

Forex and AUX / GBP all going massively in our favour this morning, the USD / REAL rate now broke above 1:6, which is an all time low for the REAL and will help our AISCs.

Who said it was anything to do with production...

Q4 is the extra 13th Month payment, and I dare say, some of the production / sales from Q4 will be stockpiled and be pushed into Q1 2025 for taxation / reporting reasons for the following years numbers, even then this should still show very robust cash builds.

In another time, this would be 3 to 4times greater in PE and EBITDA Ratios and be £3 quid a share, but there we are.

Cash Build*

Recommended by the State Government and ratified unanimously by the federal minerals commission and shows all levels support for this project.

USD v Brazilian Real just hit an all time high / low of 1/5.92, that's a 20% betterment for SRB on last year, our AISCs should all things being even take a health reduction, and AU I still handsomely better than Q3s sales average.

If Q4 is a 'record' quarter as guided by the company RNS, then Q4 cash uild should also be record breaking.

And now potentially adding 10% net cash a quater at this point, with an EBITDA of sub 2...

that's my primary worry here, the controlling stakeholders take it private as its a complete no ******* brainer, let's be honest. you just have to hope they believe in their stock market listing.

Used the weakness in the book here to top up substantially today.

The Market's response to Trump's protectionist and inflationary policies are wrong IMO, and that will start to shake out when he takes office.

Beyond that even at $2500 an ounce Q4 he should be epic.

It's a strong buy on micro and macro IMO.

5:25:00 ish, then 5:48:00 ish If needed. 2.5.3 is most definitely there. You need to screenshot the page then do a manual type into Google Translate.

Mon 4/11 this week.

1920 / 1930s, not SP...