RE: A very happy Magic9 Sep 2021 12:28
Well said Magic,
Really enjoyed your insight last night. Thanks again to you and bottle . I couldn’t be happier with these results
As I said on the podcast, if carlsberg did ore bodies!!! It’s designed just beautifully for us to get the highest value gold fastest and up front to then fund the block cave and have a decades long operation. Once the pfs is out, this will move away from is it 20moz? Who cares, telfer is 27moz but it took a long time to get there, it’s the 14moz they have actually extracted that counts. The pfs and Dfs will allow a proper dcf and totally derisk the growth and block cave capex considerations, whilst confirming “officially” our economic viability. I would argue II’s will have most of what they need at pfs stage, and they don’t care about that headline figure ultimately nearly as much as they do about PE and cash flow how quickly and for how long, the risks that typically will be faced for companies like us at the bottom of the first hump of the lassondre curve are numerous and I think we are going to be Tier 1 …world class. our ore body, partner, jurisdiction,macro climate, surrounding land are going to pay dividends for decades. Once that’s officially on paper In the Dfs, we will know fair value as will they. We will rerate significantly, but we have to front run the ii’s on this one as we want multi bagger returns whereas they are happy over 20 years with 7 compound. Don’t bother yourself with share price. If you are in. You are exactly where you need to be. Your patience will be rewarded very handsomely for a long time to come And the giving of knowledge and collective collaboration I’ve experience with ggp investors old and new over the years is nothing short of phenomenal. Why buy anything else.
Ducks Ducks Ducks
“We are still just scratching the surface”
“Ore bodies like this tend to just keep giving and giving”