Member Info for willz94

To be fair the the lack of liquidity with the share causes dramatic ups and downs with little volume. Like today 200k shares traded 8% swing? Really lol

We did see 75p when gold was 3800, and 4300 mind and that was before having a value assigned to douta. If we get that price at 4500 gold ill liquidated some bits and buy another large batch. Assuming your trading this IBABF?

Not sure where people are seeing me say refractory within the first 4 years, ive said from year 4, or has someone filtered me and has been mentioning it?

Refractory from year 4. got to the douta production timeline 17 mins into the webinar. primary ore phase starts at 60k oz if they therefore get more oxide he states they will run in parallel giving the 160k oz from douta from year 4 onwards

100k oxide and 60k refractory

160k oz from year 4 when they start running refractory at the same time as oxide

Where are you getting 150k for 4 years with oxide, Segun said 100-110k oz a year and if they get the additional oxide it would prolong the number of years they keep up the 110-110k of oxide and on year 4 potentially run the refractory in tandem

2030*

Segun mentioned 3 jurisdictions producing by 2030. If we go to year 4 at douta where we have oxide and refractory going through it could easily look like this:

Segiola 40k

Douta 160k

Guiltry 75k

Marahui 75k

obviously the ivory coast are a shot in the dark but with a higher gold price and increased cut off, i think we could still see 40k coming out of segi.

So a finger in the air guestimation, we could see 350koz being produced.

2028? 40k segi and 110k douta so 150koz very likely, could be higher

2040 40k segi, 110k douta, 75k guiltry so 225koz

JPMorgan raised its year-end forecast, saying it expects the yellow metal to reach $6,300 a troy ounce as the longer-term investment case remains intact, supported by structural diversification into real assets.

Banks clearly still bullish

Think people need to relax abit. Gold is where it was 2 weeks ago, when gold went to 4600 previously the people crying now were beating off into socks, now they are using sandpaper. Not anyone on this forum btw, were all bulls here.

Meh week hands flee, price goes down, i buy more, sanity returns, price goes back up. Literally seen this in October and its like free money. Gold is still wildly high and our pipeline to 2030 looks great, for me, nothing has changed other than i get more shares cheaper

So your saying the problem is the spread hat we have been dealing with forever?

I sense no problem, what is the problem you sense?

I agree ISC and ill be honest everyones assessment will ultimately be decided by when they bought and how long they intend to hold, and the period they are reviewing. ISA investor regularly keep me in check when i have a wobble, albeit it he will hate to admit that sometimes i am right ;), but in the end, hes right to.

If your going to zoom into a short period, thor hit 99p on pfs day when gold was under 5k, were now on or under 99p when gold is 5500, so could that be perceived as struggling? yes. However, Zoom out, were flying, I've been in since 10-18p, are we struggling? of course we arn't.

THX almost always lag a gold price increase, to the point where people say were a good performance chasing share, People are scared gold is topping, when it stabilises at this higher level, we will push on.

Ill be honest i like to set my own expectations and while everyone is laying into bristol lover, i wouldnt completely dismiss what he is saying. Just rewind back to october where gold dropped 10% and we dropped from 76p to low 50's, despite us still making mental money. Did that drop warrent us being oversold? nope but it happens.

If gold takes a quick turn and pulls back to say 4800, i fully expect without news that we will pull back, and it wouldn't surprise me if we pulled back to mid 70s where people step in to hoover up a steal.

Am i a troll for saying this? i'm not going to sell if that happens, just ride it out, we have a cracking pipeline to 2030. Its all just noise.

Like a trip to the royal mint but you get a 1/8th oz gold coin at the end of the tour haha

Can you share the 360 location? i thought it was upped to £1.4

The gold prices now in my opinion makes the douta base case 3500 look like the bear base. not sure we are in the FOMO stage, most of the gains come during the asian session, and i wouldnt say the Chinese central bank has FOMO, they are leading the charge

PJ we currently have enough ore in stockpile and original mine plan to see us through to douta without any extension so thats not really a risk. However, I agree the extension is going to be a catalyst and bonus for us