Member Info for zoros

Can someone show me where NCM have quoted the mre2 resource update???
Rincorn are quoting some of it and of course we all know SRK have done their JORC resource update on behalf of GGP in march which will be accepted by the industry
But why is there a post header saying NCM have acknowledged it??
Z

Idealised - definitely a GDXJ rebalance day - GGP's loss, Solg' s gain it seems.
Z

LBA - eloquently put, to say the least.
Hllnvestor, your post was far too one sided. If you are going to present a case - then please balance it, yes?
And as for 'telling' SD exactly how to counter these rises and what he and his financial team should do..........? You need to take a long hard look at what you do for a living and what he does!
Play fair.
Z

LBA - nice one,
Thankfully I didn’t spot NCMs paltry IRR. Thank God! But I did see GGPs and that made me comfortable.
An IRR below 20 ish after tax would cause potential IIs to steer clear IMO.
I’m expecting the IRR to creep towards high 20’s, low 30’s by the time the DFS is broadcast.
NCM results next week………
Z

RE: Rick Rule13 Jun 2022 23:33
I follow only a few 'shining lights':
Pierre Lassonde
Willem Middelkoop
and of course the one and only Rick Rule.
If you have not heard of these, then do some homework - it all adds to your due dilligence.

You are respectfully requested to listen to this 'guru' in this interview. If you are impatient or in a hurry - jump to minute 13:15 onwards.
It will add gravity to your staying power during these challenging times and dismiss any doubts that might be creeping into your thought processes at these [SP] levels:

https://www.youtube.com/watch?v=Zs3R-fzqL7I

Hold for Gold.
Z

Cmon then bamps , what’s going on re the shorting?
Z

I follow only a few 'shining lights':
Pierre Lassonde
Willem Middelkoop
and of course the one and only Rick Rule.
If you have not heard of these, then do some homework - it all adds to your due dilligence.

As Paddy just posted - you are respectfully requested to listen to this 'guru' in this interview. If you are impatient or in a hurry - jump to minute 13:15 onwards.
It will add gravity to your staying power during these challenging times and dismiss any doubts that might be creeping into your thought processes at these [SP] levels:

https://www.youtube.com/watch?v=Zs3R-fzqL7I

Hold for Gold.
Z

Get it right cookiescrew - for once:
There is NO attempt to ban Lithium ffs!
The EU are redesignating it as a hazardous material which requires stricter rules for manufacture, handling, recovery and recycling.
Keep up old man.
Z

This is what CD 'droned on' about on June 8th on ADVFN:
"....I no longer post on LSE. I don't have much faith in 'revive.media' run by Phil Thomas (owner of LSE site) and believe there needs to be an examination by various authorities as to the influence of revive.media in the 'managing of content' that appears on that site. It's far from balanced and consistent. Transparency very important across sites that offer financial services...."
So it looks like he might have left voluntarily.
Z

I've heard it all now!
Z

No I haven't, how's this: If I get rich with my GGP shares, I'm going to buy millions of GGP shares ;)

Pad master I think you’re onto something there.
He’s not quite right.
Could it be slug trying it on again?
Anyway we’ll watch him and decide how it goes!
Z

What is everyone going to talk about next, if there is no bid this month??
Life won't be worth living................again
Z

Sanibel - you do give two hoots, really!
If there was a result regarding the 5%.
If there were 'stellar' assays;
If Byrnecut were advertising 150m/month now.
If Bromus had been renewed and they were to start drilling soon.
If there was surprise news @ Scally.

Apart from that though - what did the romans do for us eh?
;)
Z

Bless you cookiescrew
Z

Assays MUST be publicly reported - good or bad, as soon as they become available.
Next NCM quarterly 20th July 2022 (BST).
Expect an RNS@0700 tomorrow and a possible Proactive Investor video interview by Andrew Scott, later that morning?
Z

Dot - what did you and BR disagree about?
Z

Paddy - Hi.
Yes I think we're in the same ballpark....40-50p @ production and beyond.
All based of course on everything being as it is NOW!
We have a lot more to uncover @ Hav, so only pleasant surprises from now on in terms of resource growth.
Z

Afternoon everyonesawinner - I didn't mean to 'dis' your original SWS post....it's SWS who do themselves no favours these days - plagiarising other sites and using the wrong financial models for projecting company value, As I said: 'bots'.
WRT your maths vis a vie the 10-12Moz....this is broker driven assumptions and they weren't using that amount as the Ore Resource, it was the AuEq. I'm guessing (because they haven;t broken their figures down any further) the proven ore resource for 10-12Moz could be around 5 or 6Moz Au. maybe?
Yes I am still using approx $1800PoG and approx $650 AISC, giving approx £800/oz.
Best wishes
Z

I don't wish to put a dampner on this report, but we must keep our feet firmly on the ground.
The "fair value" advertised by SWS @ £2.77 values the mine @ £39Bn!!!
It might be this figure over the lifex of a 50yr mine@ Hav but not in a month of sundays now!
SWS is 'bot' driven using market comparators as it crawls over all the other sites for meta data.
They aren't too far removed from that dreadful site: Motley Fool.
Let's stay focussed, base our calcs on what we know and what might realistically happen,
That way - no bad surprises!
If the DFS advertises 10-12Moz then we can expect around 25 - 30p per share.
When additional MRE's come in - then small increments to this.
If GGP is still @ Hav at the start of production then maybe in the 30-40p range?
Buy out of Hav: 80=100p? [Based on long term 20Moz value of mine/$1800Au].

Of course - tomorrow, GGP could declare that they have found another Hav II in the E Breccia!
LOL.
Z

Of course, it is very easy to overlook the poor man's gold: Copper! And at the rate it's increasing in value, it will seriously depress the AISC in our favour, without a shadow of doubt.
Thanks for reminding us all about this particular aspect of our great mine Bamporini!
Z