Member Info for Tornadotony

G7 I will not be touching this share with a barge pole.

G7 I do not know how you can do what you are doing. The whole thing stinks like a pig farm.

1699 at the close in Toronto.

Https://www.hl.co.uk/shares/share-research/national-grid-on-track-for-double-digit-profit-growth?utm_campaign=E00RN_Share%20Research_Dynamic_7.11.2024&utm_source=AdobeCampaign&utm_medium=email&theSource=E00RN&e_cti=4563980&e_ct=T&Override=1&deliveryName=DM203595

Interest rate drops usually kick start utility stocks. I would expect this to be near 1020p then in the 980's.

1647 as I type. Hopefully. Endeavour make those target gold sales in Q4. New senior staff are being tested and from what was reported they are making the right decisions in tackling various issues and challenges from what was presented to us.

Https://edv-14806-s3.s3.eu-west-2.amazonaws.com/files/2417/3096/1953/EDV_Q3-24_Results_Presentation.pdf

Also bear in mind we may all have different views on the outlook for gold prices as we head into and through 2025.This includes analysts who provide predictions on share price but do not disclose any view on gold price used.

Burgeseb

Whatever anyone does with their investing is of course up to them. I find the presentation on financing quite a lot to get through. Whatever the case, they have piled a lot in for Q4. I have always assumed the 1130 ounces was the real target and never bothered with the upper range especially with delays on hitting nameplate production on the Senegal mine.

Hence my upper target is probably 5%-9% above what you are thinking. Tony

Divi was in line with what I expected. No one has commented on the results and market reaction looks neutral.

Aim999

The focus is currently on the Sabodola Massawal mine in Senegal. The other 4 mines Hounde, Ity, Mana and Lafigue are going to plan. Sabodola had SAG mill refurbishment in Q3, it has just got a new load and haul fleet commissioned and in use. The tailings in one of its two plants was reconfigured to deliver higher recoveries, a huge amount of pre stripping was completed to get to high grade ore in Q4, The nature of soe of the new ore has far better flotation qualities that again improve recoveries. When putting all these factors into account, the older mine plus the new Biox facility are expected at nameplate last month. If we take 54,000 ounces from the base we have around 15% more material coming through, a significant improvement on recovery, much higher grade on what is going in the question becomes do they hit 125,000 ounces in the last quarter. It does fall short of annual target but keeps the group overall in the target range for all 5 mines. As far as I can see it is possible but we were learn more in the upcoming presentation. If Hounde can hit 95,000 it would reduce the target on SM to 115,000 and Lafigue likewise could pull in 10,000 more to reduce it further on my previous estimates.

Burgeseb,

In my experience, whenever a gold mining company is bringing on new mines and disposing older mines in operation, it impacts on revenues at that time. Finally both those hurdles are behind the company and that growth on shareholder returns may improve. We await to see if patience is to be rewarded in 2025 with endeavour. Fingers crossed for a good Q4.

Another UK gold miner listing is soon heading for delisting. It follows Shanta, Acacia, Randgold, and now recently Centamin. Other than ETFs for North American mines there is little else than Fresnillo and HOC which are half silver.

Lafigue mine result was expected and looks set hit targets in Q4.

Ity operating as planned and above target.

Hounde ramping up but slowed down by rain. Probably 10,000 ounces less than what I was expecting but hopefully on track for annual target.

Mana expecting main outputs in Q4 to hit target.

Sab Massa mine continued to underperform but expected to get on track. probably 20,000 ounces less than what some of us may have expected.

Overall up on Q3, still forecasting on lower/bottom end of guidance on annual.

Credit revolving facility had $160M paid off and $35M extra capex funded.

Golds price sold 2342 area AISC $1287. Both may improve in Q4.

Some of us genuinely tried to help here. It was clearly at best a dog share and then Betts and company finally shot the dog. You win some and lose some. When companies do not report when expected it is usually bad news. Hoping you folks put it down to experience and find some winning shares to invest in. Getting 2-2.5p is still a result to cut losses and sometimes you do not get that as an outcome.

I hope your right but, some USA banks favoured dollar rally and gold pull back. Trump is going to win any moment now.

On a major support line. Reports tomorrow.

Drop of 0.5% and likely to fall further.

It has moved the same as Barrick Gold from about 13 September.

Trading at levels when gold prices were $500 an ounce lower and monthly production around 83,000 ounces.

Two new mines are on line. The first was hitting nameplate at the the start of Q1 with a slow ramp up in Q3 on lower ore grade. The second mine hit name plate as early as beginning of August. A worse case is production around 93,000 ounces a month, but then taken off in October to probably 110,000 plus a month.

Median share price was 1699p in Q2.