Member Info for Sumoskier

Is anyone able to put a value on these?

Is this significantly higher than Friday?

Assets in the ground get you nowhere? They need to mine? By the time they get going Zinc could easily have lowered in price again?

Are you sure!

To get a true P/E rating we should be targeting growth and long term surety of earnings. If you look at the stock market at the moment growth stocks are trouncing value? Dividend payers after the pandemic will be like gold dust!

True!

Just keep that helicopter in the air!

Moneyhawk, thanks for the clarity. Even so at 70k ounces and a margin touching $1,000 an ounce, good business to be in?

Would this then take us to near to 100k PGM ounces a year? I thought we were heading for 60k before this deal?

Provides sustainability in earnings ongoing which will feed into results in due course. I was thinking 3.5k of PGMs per month at a $1,000 margin per ounce isn’t bad?

More good news!

As long as Galileo do something with it? Galileo-Many assets, lots of rumours, Nothing to drive the SP!

What they should publish is movement on Glenover! It’s been in the waiting room for a deal for months!

HG, surely the point is, if Tjate is sold, then it increases JLP value, at the moment nothing is in the SP for it?

Can’t see the Tjate deal with the Chinese? South Africa would be very wary of this?

Moneyhawk, couldn’t agree more. Leon has millions in options. He is correctly focused on creating value in the company which will make these pay out rather than buying a few shares! With plenty of news to come further value will become transparent !

Earnings wise is this another $10m+ a year minimum?

I’d have thought the opposite was true. Big investors generally work on a longer horizon and wait for plans to be delivered unlike most private investors who want the return in a couple of days?

Apologies, I meant rare earths?

How much does GLR have and how long could it last?