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Chateau Neuf de Pape, you cheapskate 😂, I’ll be opening a case of Chateau Lafite Rothschild 2009, one of two I purchased as an investment back in 2010.
As you say, if it 10 bags from here, then I might just be tempted to pay the excise duty, to get it out from the bonded warehouse were it currently resides.
It’ll be like the scene from “Silence of the Lambs”, were Hannibal quaffs his Chianti Sfffffffffffffffffft 😂 🍷
Evening Ben, you say you weren’t meaning the large trades, but all everyone else is seeing are the large trades. Almost 20 million of em again after hours.
How many’s that now, just this week alone ?
It’s a guessing game at the moment as to where all these shares are coming from, buys, sells, being passed around to distort the real volume, who knows 🤷♂️, but one things for sure, it ain’t half making it interesting.
I’m just sat here patiently waiting to see just how all this pans out. One thing I’ve stopped doing, is to try and guess what the heck is going on, because I think most of us have failed miserably at that. I’m just sticking to the same thoughts I had when I first invested here which were,
Cheap shares ✅
Millions of ounces of gold ✅
Someone’s going to dig it up ✅
Make a tidy profit ✅
Those same goals are still there as they were in 2019, only five years closer to achieving them.
ATB
Ben, don’t be daft, the isa amount each year is £20k, which would only amount to someone transferring upto 286,000 shares @ £0.07p each.
Definitely not the amount of 5 million shares traded at a time that we’ve all witnessed.
I don’t mind you thinking outside the box, but I think your way off this time.
No idea what our AISC will be come production at Havieron. But can you just imagine if the POG stays around the $2250 mark, and our AISC can be minimised to around $850, that would be a massive PA profit of around $420,000,000 based on an extraction rate of 300,000 ounces.
No wonder Shaun wants Tel/Hav all for himself.
I just wanna be in the room when he’s shouting down the phone
“SHOW ME DA MONAAAAAAAAAAAAY” !
Never mind goodbye, Good Riddance would be more appreciated !
freddie, the bs i was referring to was your incessant posting of negativity, not shinybits synopsis.
as mh01 clearly states, grow up !
for someone who states they are invested, i find it really strange that all you want to do is pour cold water on anything positive, whilst trying to promote anything negative.
anyone with any brains can see there are still a few more hurdles to overcome and that there are still many a question to be answered, but we don’t need *********s like you reminding us of them 24/7.
just get yourself a more enjoyable hobby, like fishing. at least that might give some here a break from your constant whinging.
Real stuff I certainly don’t mind !
BS on the other hand, Mmmmmm now let me think 🤔
Nope definitely not !
You keep digging Fred, you never know you might just get to the Gold quicker than GGP.
Outclassed 😂😂😂. Try looking in the mirror to see who’s outclassed every time you post !
Ultracrepidarian springs to mind, and if you don’t know what that means, then try looking it up, as it’ll probably be the first bit of research you will have ever undertaken.
Bamps, your friend could be correct, but the only three words that need posting are “It’s a Ripper”
Hi Speedie you probably have already watched this, but for those that haven’t, this is another very interesting interview with what is happening in the precious metal market than what we are being led to believe.
https://youtu.be/c17oJx4Q6FU?si=47TZpr6Ok9fLc3kl
If you want to know what the Great Disconnect between the POG & the miners, then look no further than this video from the guys at “Money of mine” and “Rick Rule”, where Rick simply tells em the reason why juniors especially have been hammered on price. He says, because if you invested in the juniors, on a very good year at best, the sector would lose $2B, and at worse, far far more, and that’s why he only ever buys into this market when the sector is so unloved.
The problem is, most Pi’s bought into GGP and other Goldies in 2020, when the sector was red hot. As he’s often stated, that’s the time to get out. Unfortunately like many here, I didn’t. So I’ve just got to be patient and wait until the next opportunity to do so, and hopefully that’ll show itself once the Tel/Hav situation sorts itself out.
Watch & enjoy !
https://youtu.be/THyCUvUwMMI?si=xppz4EgBMYcv6Aba
Barna, just what is the point in regurgitating old news, and especially old news that has nothing to do with GGP, it ain’t gonna shift our position northwards until we get through that lower aquifer.
It’s new news we seek, and until that arrives, we are just in a holding pattern.
What was it again Delboy used to say ?
“Speculate to accumulate my son, He who dare’s, he who dare’s!”
1 Bn share buyback. I’ve always said by Newmont issuing shares & not cash, they will in effect have paid nothing for Newcrest.
Newmont shares now half what they where, and by proceeding with a buyback scheme, it’s the shareholders that will have funded the purchase.
Just wait until that buyback has been completed and watch their SP soar.
Can’t believe most didn’t see it coming.
Does anyone else think it’s strange that Newmont do not show any photos of the developing Havieron mine on their website.
It’s as if they don’t want their own shareholders to know exactly how far along the journey Havieron is in becoming a producing asset.
Just a couple of photos of a drill rig & a bulldozer in the middle of the desert scratching the surface. Not one photo of the boxcut or evaporation ponds.
https://www.newcrest.com/our-assets/havieron
MH01, That’s correct, but if we bought the lot, and forgetting Telfer’s ore for a minute, just the 300,000 oz’s predicted to be mined at Havieron based on an AISC of $1000, would be a saving of $30,000,000 pa, multiply that by 10 years and you’ve saved yourself $300M.
Not bad if you can purchase the whole kit & caboodle for say $600M
Tolling charge was agreed at costs plus 10%.
So it doesn’t matter if it was 10, 30 or 99%.
If the AISC was say $1000 per oz as you say, then the tolling charge would of been $100, no !
So just depends on how much throughout went through the mill.
Speedy I’m not impartial to masses of bubbly, but it does need paying for, unless you like being thrown out onto the street by your collar 🥂🤪
Forgot to mention that I was going off MH01’s figures of 400/450 thousand ounces @ AISC of $1000. Which would be a saving of $45,000,000 pa
Quick question, if we were to buy Telfer and the remaining 70% of Havieron, would the saving of the 10% tolling charge, be enough to pay off the interest of any debt raised for the purchase. I know it wouldn’t be enough to service the debt, but if it at least pays the interest, then surely that’s another win win scenario.