Member Info for TimberTrader

Https://x.com/shaun_day_

Old thread, I know, but interested to see Shaun Day's 'X' repost from yesterday....I wonder what he's thinking about?!

"More than 50 European factories have stopped production this summer because China was not providing rare earth metals. Intentional coercion against Europe. We need a plan:

Mine, refine, and define our own future"

https://x.com/bgroothuis/status/1993568286337122696

Drilling reporting good-looking results, feasibility results awaited

The arguably undervalued Greatland Resources is promoting a potential second sub-surface mine at the Telfer operation as drilling and feasibility work on the West Dome Underground target continues..." (Sub)

https://www.miningnews.net/exploration-development/news-analysis/4523824/greatland-promoting-underground-telfer

Arguably undervalued? Well, I think most of us know that's ridiculous. Surely, the very fact that they use the word "undervalued" at all is because so many people believe that to be the case, IMHO.

As I've been saying for many months now, we have "A (new) Mine Within a Mine"!

A reiteration, but where we are today - We will be 2/3rds of the way through Q2 FY26 in just 2 days time...

We achieved an average gold price of A$5,277/oz in Q1 FY26 (1st July - 30th September 2025) which generated net revenue of A$476 million (including Copper) and an operating cash flow of A$284 million for the quarter, delivering a closing cash balance of A$750 million (from A$575 million at 30 June 2025), debt free.

The Gold price, so far in Q2 FY26, hasn't dropped below A$5,880/oz, which was the price at the start, on the 2nd October!

The Gold price, so far in Q2 FY26, has reached as high as A$6,765/oz!

The Gold price today is still +/- A$6,400/oz, around 3-4% up from just last week!

And don't forget the Copper. Up +/- 5% since the end of Q1 FY26.

The oil price is also down around 5% so far in Q2 FY26, compared to Q1 FY26, which should help the AISC too.

Also, don't forget that we started the 2025 calendar year with a Gold price of only A$4,250/oz, and look at the Free Cash Flow we achieved in Q3 FY25 at that price alone.

The free cash printing presses are now running even more overtime!

GLA

Yes, the usual drop off on ASX.

The GGP sp range today was A$7.72 (£3.80) - A$8.06 (£3.96), closing at A$7.84 (£3.86).

Well done Bamps! A 'new mine within a mine', as I've said for some time now.

Https://www.londonstockexchange.com/news-article/CDL/additional-option-exercise-at-darlot-west/17340079

So, that really only leaves tomorrow, as I can't see it being released on AIM only today.

Hi Bg2025! Thursday is Thanksgiving Day in the US, so markets are closed, as well as only a half day trading on Friday. IMHO, I can't see it being this week unless today or tomorrow, as a lot of companies in the US close early on Wednesday too.

Nice one! Cheers Dip!

sorry, forgot the link (for what it's worth):

https://www.theaustralian.com.au/subscribe/news/1/?sourcecode=taweb_wre170_a_ggl&dest=https%3a%2f%2fwww.theaustralian.com.au%2fbusiness%2fdataroom%2***nico-eagle-circles-northern-star-as-high-gold-price-fuels-massive-takeover-speculation%2fnews-story%2f38c8692be289690169847dfd20a2f917&memtype=anonymous&mode=premium&v21=groupa-segment-2-noscore&v21spcbehaviour=append

Jury’s out on whether Agnico Eagle will swoop on Northern Star

The Australian 23rd November 2025

Jury’s out on whether Agnico Eagle will swoop on Northern Star

"As the price of gold continues to trade above $US4000 an ounce, the appeal of Australia’s gold mining champion, Northern Star, continues to remain a talking point...." (Subscription)

Does anyone have access? Greatland Resources also mentioned in the piece too.

From previous posts like this I remember on the forum, over the years, including the heady days rising to 38p, it rarely actually happens as planned with P/I's, unless they are absolutely 100% firmly set on the targets, with no deviation allowed, whatsoever. Invariably, if there's a sustained rise, as there was in the past, over a week. or so, taking you to your target price(s) one day, or above I'd venture a guess that most will hang on that 'little bit longer' before selling the percentage that they planned to do. Just my personal view.

Crazy really, especially for Greatland, as most are now running printing presses 24/7 for free cash!

The gold price in Oz today is still over 8% higher than it was at its highest level during the last quarter!

Unfortunately not quite that good, A$7.48 (£3.69)

Https://dondurrett.substack.com/p/a-concentrated-investing-strategy

Still that resistance (manipulation?) to breach the A$8/£4 levels sustainably. It got to A$ 7.995 today, before dropping off a bit. Should see another push towards £4 hopefully.

I'm just getting old!

https://www.youtube.com/watch?v=t6T6KPamjho

Hi Rotherby! The only real doubt I have about November, unless it's this week, or early next, is the Thanksgiving holiday in the US. I believe the markets are closed on Thursday, 27th and part closed on the Friday, 28th. From my experience, a lot of companies close early Wednesday and return on the following Tuesday, 2nd. That's why I went for the 9th December myself. It'll be interesting to see what actually happens.