Member Info for SurreyNot123

Right! Anyone would think DB built the mill with his bear hands whilst fighting off thr local wildlife!

Truth is - i think Jim just wanted shot of mining, period. Hes no longer the sping chicken he once was. The deal deffo rubbed him up the wrong was as well so just wanted out.

...about his credibility.

I could have "worked with" Microsoft, Google, Amazon and Oracle, but it doesn't really tell you anything of value about me as a leader.

Appreciate the comments on debt refinancing and blocking any funny business out of Candy, but still. More talking about his credibility versus his linkedin.

Have to agree with Sakura as well. Id appreciate any source material on his top five status!

We can all Google (thanks for that) but there are nuances way beyond a Google search that id expect LTHs to have about their leadership team - that's all it was

Yea appreciate the copy-pasta from google but it doesn't really say a lot

Has anyone here followed DB for long enough to comment on his credibility concerning such statements?

I'm talking FTSE, Mcap comments etc..

Is he truthful? I can only take him at face value post acquisition. Other than the dupax fumble (comms were poor and unclear, surrounding the.severity of the situation out there), he seems to have a.decent amount of honesty and credibility

Doesn't mean I can't be pi55ed off with the retraces in the mean time.

I hope to see a collective middle finger to AIM in unison, over the next couple of years. And honestly, the day La India pours will be a remarkable milestone in a long and frustrating journey.

I've just bought another 10.7k. Should show up any minute. Any loose change I'm just going to start piling in, now. In answer to someone's question yesterday I wouldnt start topslicing a penny until 25p+.

6bn gold in the ground, anything between 2 and 4bn valuation depending on a developing pipeline.

Continues to be a no brainer.

In terms of over exposure here - you betcha.

But fortune favours the brave, and after 10+ years and plenty of FS's that have been corroborated and then somw during that timeframe - La India will print money.

2.2 average is wild - congratulations! No wonder you won't stop yapping!

Waiting for LMA's comments on "hOw ThIs Is A gOoD tHiNg!"

Ridiculous

Pedro - so many words but you never actually "SAY" anything. Ramblings of self assurance.

My whole point is that any cashflow now is being baton passed straight to La India so really we're in a state of net even versus good performance. I then went on to say that La India was clearly an absolite lifeline for Darren - he couldn't have pulled a better timed deal out of his hat if he tried.

I think there was much more luck involved there, than he's credited for.

Also - sadly - I'm not longer considering the rocketing gold.price to be material in our valuation. If it retraces it'll absolutely have a greater than proportional negative impact to our share price.

We seem to get nominally rewarded - if at all - for macro circumstances in our favour, but hammered for nominal circumstances that might introduce tiny amounts of risk.

They certainly seem to be gearing up for reqarding themselves - so let's hope there's something deserving.

I will say my confidence in DB is wobbling.

I think he got INCREDIBLY lucky on the La India deal. Be interested to know what his contingency plan was - if any - if that deal didn't go through.

Would they have just wound metals up? The timing seems way too tight.

Can't write this stuff.

Mark Childs has sneezed somewhere. It's a sign, he's still about keeping a lid on this thing.

I'd rather be selling 150k under these current conditions.

Runruno is just paying for La India at this stage with a few m left over. It's not an impressive case study..

Comms*

*producers up double digits this morning whilst we're struggling to clear 3% is absolutely infuriating.

With such a low aisc in nica I continue to be absolutely fine with the economics of our situation - but to have missed out on what looks like it could be 6k p/oz this year is very frustrating..

We'll be online just in time for the retrace I imagine. Such is the plight of the Condorian.

Also - where is DB's Feb update that was promised?

Two for two on the poor comma.since the new year.

What is wouldnt give to have had La India online 12 months earlier. Watching other gold p

I know I am!!

A bizarre point to make it think - not sure what the closing point was. Perhaps your point is valid if you were invested in the Ukrainian stock exchange.

I can't imagine if you ask Darren for a few sovereigns in return for your shares, he'd likely do so. All the stock market is is a proxy to facilitate paper ownership of an asset - often those assets are "intangible" simply as a result of where they are. An ETF's no different in that regard.

Holding physical doesn't benefit from the compounding growth / potential that a stock has. Assuming 2m ozs for MTL right now, our current mcap gives us a 240-280 USD cost per oz which is absolutely mental. If you've got a single gold bar, any price deltas will be limited by it's own weight because it's values already completely baked in. Zero compounding potential.

Short term we're considering 2bn to be fair, i personally think it should be closer to 4bn.

15p seems to be the new platform, I think we're due another rocket. The slightest whiff of update from DB should really send is flying.

Agree..we also hold physical - certainly nothing wrong with that - but nowhere near to the extent of.invested capital. I'll be honest it was a bit of a novelty purchase. I see it as just a rainy day / zombies apocalypse fund.

Lee, sorry but that's absolute nonsense. ETFs are just portfolios in their own right..it might be indirect ownership (via the fund) but you no less own a slice of the end companies the same as if you invested in them directly.

Your logic doesn't track.

For what it's worth (and as much as I don't like people talking about other shares here), I own Vaneck Gold ETF and wisdom tree silver ETC. +275.22%, +294.75% respectively in my portfolio.