Member Info for speedymeadie

Hi Lenz. "it looks too good to be true" The rise from 0.05p to 23p is also too good to be true but it turned out to be real. ATB Speedy

Hi Bamps. If all those other metals are added to the mix where would our SP be today? More CU than Winu and $bil cobalt will that put us around 70p. Why has the market not noticed this? ATB Speedy

Hi Paddy. Newcrests ROI as you say will be significantly less, so with that metric they will want to pay less for the inground gold. I suggested 15% but they may only want to pay 10%. I am not trying to put a dampner on GGP as i am heavily invested here but i do like to keep my feet on the ground. Our bargaining power will be greater with other goodies to offer Newcrest. With so many other assets i feel they will want to keep us sweet just in case we hit it big some where else. To repeat myself, i would be highly delighted to JV into mining HAV as that is where the real profit is made,selling the gold to the Perth mint. ATB Speedy

Hi Lenz/ Bamps. I am all for holding on to the 30%/25% but will Newcrest want us as a partner with nothing to add to the party, maybe a deal will be done if one of our other assets come good. I have not forgotten the CU and suggested that Newcrest will offer us a premium over the inground gold price for it. What is the in ground value for CU? ATB Speedy

Hi All. Wind and solar is OK if used at source and immediately storing the energy for future use either in batteries, pumping water or creating Hydrogen. I hope that plastics will be phased out as soon as pos. Most developing countries will bypass ICE and go EV. Large scale transportation systems, aircraft, trains, heavy haulage and buses will almost certainly be hydro. 2030 no new ICE to be manufactured so by 2040 very few ICE on the roads. So where is the future for oil? BP is at best a short to medium term punt. For long term growth BP will need to move away from oil and into the new world. ATB Speedy

Hi Tallchap. Very briefly. if Hav 10mil ozs ggp 5%share is 500k ozs. Using in ground value say 15% at $2k/oz is $150mil. How the BODs choose to pass this on to SHs is anyones guess. The remaining 25% using the same figs is approx $750mil giving a total $900mil. Hence our current SP. There are other metals in the ground at HAV and i should imagine Newcrest would be willing to pay a premium but not much. Further gains for our SP relies in our other assets coming up trumps, that is the gamble and my money is on further finds. If anyone can see a mistake in my calcs please feel free to pull it apart. ATB Speedy

Hi Busman. Is there any truth on a BB? Reading some rubbish on here. What will drive the SP? more oil use. What chance is there of more oil being used in the future? None, use is in a decline and will continue to decline. At best i see a gradual rise as more and more punters get on board and then a gradual decline as reality kicks in. BP needs to diversify into new tech for transport. ATB Speedy

Hi SAS. With all your worldly knowledge and declared wealth please explain to us lesser mortals the reason for the buys being disguised as sells. The very fact you said it means you believe in conspiracy. The last GDXJ purchase was front run by traders who offloaded to GDXJ @27p, why do you think this is not being repeated and traders are not bagging shares to offload again. Speedy

Hi Nige. Better to pump the water from Telfer to Hav than the ore from Hav to Telfer. ATB Speedy

Hi The Doors. MMs suppressing the SP whilst gathering stock to then raise it to sell on to GDXJ. Not rocket science. ATB Speedy

Hi TomE. Yes, lots of dosh to refit but main problem is skilled workers to do the job, any offers. ATB Speedy

Hi TomE. I visited the David Brown works as a young man and was astounded by the level of craftsmanship, watching men shape wings with hammers, dollys and shrinkers. Maybe once my MTB has her engines refitted the new carbon volante will be on the shopping list. ATB Speedy

Hi Stout. On a serious note, all the pointers are for a much higher POG. Global debt, money printing on an unprecedented scale, very good chance of a run on banks, digital coins needing a standard (gold), central banks net buyers of gold, over priced equity markets, negative yielding bond market. I could go on but i think you get the message. ATB Speedy

Hi Stout. I am just a golds fool. ATB Speedy

Hi Paddy. My bucket is not full of patience it is full of gold. ATB Speedy

Hi JJ. I agree with your thoughts. To me it is blatantly obvious that there is no news to release. The BODs have done a great job in looking after SHs. When they are ready to release news, they will. Sit back, chill and have some patience all will come good. ATB Speedy

Hi Showme. If our BODs lead the way and use BPs massive wealth and huge infrastructure to find new ways of producing Hydrogen and then distributing it throughout the globe thereby creating a hydrogen based transport system then BP will be around for a long time. Big if though. ATB Speedy

Hi TMT. Good post, so many unknowns, AISC, grades,POG, asset size. One thing is certain,the BODs are doing a great job and this will be reflected in a higher SP. ATB Speedy

Hi all. When (not if) POG hits $3k/oz EG will be back in play. ATB Speedy

Hi Dillon. That is why in my many years on BBs i have never filtered out anyone. It is an open chat site for all including bigots, racists, left wing looneys and right wing know it alls and some posters do make me larff. ATB Speedy