Member Info for Sotolo

Cowichan is more like a bee than a mosquito, it may sting occasionally (well once) but provides lovely honey and I am thankful for the info which you can disregard if you want

Depends very much on the price of gold, and if they are making any money

Mr Bond,just so

Well the rest of you seem very un excited, if it was Centamin there would be over a dozen opinions by now and dozens more coming.

Great results on ounces costs and a Pallancata news, apart from all important cash - net debt from $109m to $151m in just 3 months, debt building at just the wrong time. …and all important Inmaculada permitting that Tony mentioned is still not through. However hope the market will be impressed by the rest and overlook these big ones for a rise today

Yes it is purely hypothetical as there is no way they will be exercised, they will expire worthless and the investors who bought those share and warrants will wonder how they were hoodwinked into buying them and near halving their money. However good for us as their extra cash has postponed any liquidity problems and we (and the happily remunerated board) soldier on

3Bear are you looking at Cey, and the latest quarter? Production is much as predicted, aisc is at top end as one would expect with soaring inflation since it was predicted, and pretty good to keep it within their predicted figures imho, and with steady as she goes no dramatic change in share price which will be subject to vagaries of gold, but didn't see any tanking this am

Tornado, a bit neither here nor there, but for Centamin that is pretty good, we could do with more unexciting steady as she goes

Seingred, just so, a pleasure to read someone who actually knows what they are talking about

Thanks! What a lovely company
Cash $48m to $78m in a quarter
PGM oz produced up 13.6% 157k oz to 179.2 2023 175-185
Chrome up 5.1% from 506kt to 582, chrome concentrates fro. 1506 to 1582 2023 175-185mt
PGM price -16% chrome +35%
Vulcan fully running
We are becoming an increasingly chrome till Karo which is less than 2 years to production

Mine came in in Friday, no rise, gold has had its bounce?

The warrants won’t be excercised

In half 1 Inmaculada mined 72670 gold oz, 2816000 silver oz. At todays ratio of 82 that would be just over a third silver, at the ratio a couple of weeks ago it would have been a bit under a third silver

Yes our last major silver mine Pallancata is scheduled to close this year as costs over $30 to get each ounce out. San Jose also has some but pretty expensive and not that much and our main mine Inmaculada is mostly gold as are new developments

I rolled it over from a previous one. Over 5 years the interest is £24k. Dividends if not reduced should be £150k. Inflation should halve the repayment in real terms. So if Cey etc fall 3 fold in real terms I should be ok. Still scary…as of course it could fall more than that so I have been gently raising cash and will keep the dividends in dollars cash. As said still scary. I now have 4 years for gold to turn…

Pound temporarily back up due to B of E intervention and closing of huge profit positions. It will be on down soon. But the cost. Expected interest rates are up hugely tho despite this pound will be on down again as we are now such a weird UKIP basket case. Mortgage I got at 0.92% earlier this year was 3.56-% last week, now 5.24%. My interest payments of £399 a month if taken out now would be £2390!!! Come back Conservative Party please, but sadly most of the sensible ones gone

I am hoping so, wondered whether to get a few more today? Palladium is doing nicely above the 200 day and soon should hit a golden cross. I was wondering whether to get some more. Without sterling’s fall to help our share price would now be around 90p

What a shame Hochschild no longer has any nice juicy silver mines, now we need to count on gold….or maybe not a shame with silver collapsing far faster than gold and the market partly marking Hoc down as they think it is still a major silver miner, erroneously

Steve the majority of large pension funds are now majority in bonds, of course private pensions may well be all shares, but that is not what the bank is worried about but these huge funds highly exposed to the very derivatives that were designed by the bankers to protect them. The media is quite right both on this and the scary rise in mortgage rates - I got mine at 0.94% from hsbc less than a year ago. The same is now around 3.7% and likely to go over 4% this week. That will weigh heavy on borrowers who are already suffering from inflation, particularly in energy, and likely lead to sharply lower property prices. Don’t castigate the messenger.

42 trader, you may be right and gold has found its bottom and is bouncing on up. More likely this is a dead cat bounce to frighten out the shorters before gold pursues its journey much lower as real interest rate, 10 yr TIPS less fed interest rate, continue to rise, untile eventually the market realises they have got 10yr tip rate wrong and inflation isn’t coming back down fast. But that may take till well into next year imho