Member Info for TimberTrader

...$2165...

"There are six assets that we've listed for the investment, or what we call for divestment. Every single one of them are high class assets, each of them have great teams, but they are tier 2 assets, that means that their their production profile is not going to hit our T1 definition so they won't get the management time and the capital within a Newmont portfolio.

So when we look at what's best for those assets, where those assets are going to realise their full potential it's an opportunity for those assets to be cornerstone assets in another company's portfolio and those teams and those bodies can realize their full potential potential.

If you look back at Newmont's track record over time we divested .....into Northern Star and Northern Star today is a great gold mining company in the Australian context, has assets that were in the Newmont portfolio that are getting the time and attention within within Northern Stars portfolio with kcgm the super pit being their their core asset... why when it's the single asset there are many many good stories of Newmont assets finding a home in a portfolio where they can get the time and attention and deliver value for shareholders and and deliver economic livelihood for workforces and the surrounding communities."

https://www.youtube.com/watch?v=rTh-ZsKpna4

Pushing for $2150 now, got to $2149.21...

Yesterday @ 43 million trades, a 4 month high with sp U/C +/-

Today @ 39 million (so far), up 5.38%

Tomorrow....?

Today, the POG has hit another record of $2141.

Yet the WSBN sp has dropped again.

This has to be one of the cheapest, if not, actual, cheapest, gold mining explorer sp's currently, and in the Paterson IMHO!

I increasingly now believe that any, even medium hit, at Red Setter, and/or Cottesloe, would rocket the sp to multiples, very quickly, but especially with the small WSBN sp free float.

Yes, it's high risk, sure, but there's risk, and there's a 'no brainer', IMHO.

Personally I think we'll be seeing the usual, "I just wish I'd bought in at x p" soon now!

...$2140..

Onwards, and, apparently, still, upwards!

Hi Spy! Sure, that's of course true for a lot of people, and I totally understand.

Personally I'm maybe lucky, but have only, this year, been able to place all of my, many years, GGP investments, into an ISA wrapper. But, then again, GGP is now about 75% of that ISA total! Scary for some, but not for me!

With that extra £5K (T&C TBA) it allows anyone to buy in/top up, at these ludicrously cheap prices, IMHO!

GLA & DYOR! TT

Chancellor will introduce a brand new British ISA, which will allow an ADDITIONAL £5000 for investments in UK equity, each year. This will be on top of existing allowances.

Just in case anyone missed it, gold struck $2141 yesterday, before dropping back a little to $2131.

Today, we're currently at $2135....

Https://www.tradingview.com/x/Cyse49dD/

Just to follow up on that, Shaun Day stated last year, "...In addition to that, just to remind people, we have a really strong last right of refusal. We would absolutely pursue those rights under a scenario but our base case is really good too, we own 30% of a world-class asset that will develop a stream of cash flows that we can leverage..."

REVIEW OF HALF-YEAR RESULTS (unaudited)

- Closing cash position of £12.7 million (30 June 2023: £31.1 million)

- Havieron project costs capitalised of £12.3 million during the half-year (31 December 2022: £12.2 million)

- Closing debt balance of £41.1 million (30 June 2023: £41.5 million)

- Net assets of £49.9 million (30 June 2023: £52.5 million)

- Loss before share-based payments and finance items of £5.5 million (31 December 2022: £3.5 million); statutory loss of £5.5 million (31 December 2022: £13.3 million)

- Exploration expense of £2.7 million (31 December 2022: £1.7 million)

Https://polaris.brighterir.com/public/greatland_gold/news/rns/story/xljk33r

Half-Year Report

The current price of $2115 is just $20 short of the all time high gold price of $2135 from 4th December last year.

Yup, it's just hit $2100.....Where from here?

Moving up after US opening...Up to $2095...

...And in Oz Dollars...

https://www.tradingview.com/x/mcdJ0u4K/

Https://www.tradingview.com/x/GRgWYXpX/

Currently @ $2082, having hit $2087 earlier today....

https://www.tradingview.com/chart/oTBPJdKb/