Member Info for Xhita

Eric on my experience they tend to report those delayed trades after they have cleared the market. I suspect many of the reds were actually buys. I bought 4 chunks but didn't see any printed. I know the fundamentals page on LSE showing trades can't be trusted

I think the threat of a Harry Adams "unnecessary" places is total BS.

You can't tell me the last placing was unnecessary. Clearly necessary as the only showstopper involves funding and this cannot fail. I am glad of that placing because unless the world stops spinning in 2 years we are in full production. Without that placing for me it would have been 50/50.

Those sells do put things in perspective though. It wasn't multiple sellers that pushed the price down. With a couple of massive anchors it didn't stand a chance. We know the MMs paid 1p and they will still be sitting on many of those as an overhang. Something of a floor even if it's wafer thin.

We all know it's ridiculous but ridiculous comes to town from time to time.

I look forward to arguing if 2.5p is a fair price for a mine producing first colour this year.

Deedee I see Kevin Walsh isn't looking directly at inflation for his actions or reactions. I think they'll let inflation run it's course with little response.

To reacte would be admitting theirs a problem and trump won't allow that. Raising interest rates will derail the US economy, trump is the only one who can derail the economy then blame Biden. Trump is pushing the "idea" the US economy is booming. They will carry on pretending and ignoring whilst running up more debt.

The dollar with cough and fart and the world will increase buying gold.

It will happen

I don't see why it should drop further. The gold price is irrelevant at the moment. Yes I know it's sentiment driven but it gets to a point which includes worts and all

TK is still massively profitable at this level. Gold will go up and down thousands of times before we see any gold out of TK

197m sold in total. That's quite a stool to pass

A deep pocketed institution who wasn't so deep pocketed after all. Lots of distressed investors forced to liquidate everything they can no doubt. A super time to accumalate

Fantasy you'll be kicking those loans out with Harry then

Mkid absolutely correct. The ducks all had to be in line and eventually they were.

It's been a super day for buyers. There will be more days like these ahead, days where it feels like something is afoot.

Buy what you can afford and keep your head down. Soon TK will look like mine and we can enjoy the rewards

Fortunately it's not the BoD building the mine. They have very little to do now which is why they turn back to exploration. The build is hands off. The contractors on fixed price delivery don't want the management involved. It's always the way because clients create challenges and changes. They just want to deliver as cheaply and quickly as possible. 7 days a week they'll be at it now.

The project is in a boring phase right now. August things kick off and changes will be obvious from aerial views.

End of this year the sheds will be up and the mains high volt will be on-site.

I think there's a lot of slack in this schedule

RMc I disagree. Buying at this level to trade short term is stupid but as a long term hold as part of a series of purchases then if you bought at 1.2 it's daft not to but here. The reason is the same. The mine is being built if you like it or not

I took another 2.7m today. Tick tock no hurry

The market cap should be at least double what it is now.

That's a massive discount to anything that makes sense. The share price should be at least 2p. That's given the looming profitability. In 2028 this business will be highly profitable. The $1400 oz includes full debt servicing costs.

All resettlement activities are meticulously implemented to strictly comply with World Bank International Finance Corporation (IFC) Performance Standards and Equator Principles.

It's government led, they are the local interface. The mine project funding is paying for the resettlement and all the services delivered by the government on an agreed budget.

Of course you can wait for the photos and just pay more.

Angus really this is back to the reason Harry raised more funds. Failure is not delivering the mine. Delivering the mine is all that matters. The degrees of reward are irrelevant, 20 or 30 times is irrelevant with long term profitability looming and an unknown ceiling.

Guaranteeing delivery is the primary objective and that's nailed on now

Angus the difference it makes is reassurance. If it were 10p now some people would feel a bit warmer. It's the crowd mentality.

I don't care if I get the bottom but I do care about holding for the reward. Unfortunately those arriving for the same reason are insignificant against those trading and leaving out of fear.

I have no doubt greed will be back in control soon.

Gold needs to reverse, trump needs to stop behaving like a mindless loser and stability needs to prevail for a while

Agreed. The only fly in the pie is you won't have bought at the bottom.

My trailing buy orders are filling this morning. I didn't expect them to fill but macro pressure and falling gold are causing a trading situation.

It's too cheap to stay here

Crisu certain actors are trying to squeeze the share price because they are too tight to pay 1.1p or too greedy.

It's just BS mainly

Debt finance was the biggest hurdle. Draw down in the next few months. Broadly everything is on course and it will remain so. It's a vanilla tech mill and pit. It's a low cost environment and it's a place where things get done despite the problems.

I don't worry about buying at the bottom. I can wait.

Simms yes they will rocket. They are going to have to rebalance reality with the valuation. Right now there are factors at play with the price of gold and a physical overhang that is eroding the share price and walking it down. Don't fight it, let it play out.

We'll see gold challenge 4000 and real investors are sparse. Mostly traders and people overstretching in the short term.

It's a marathon and prepare for such. It's probably a 20 bagger over 4 years but currently it's waiting at the start line.