GGPChat

https://www.australianmining.com.au/de-greys-hemi-leverages-gold-price-high/ From the article above: "The definitive feasibility study (DFS) from September 2023 had an estimated net present value (NPV) of $2.9 billion, conducted at a gold price of $2700 per ounce (oz). Now, at the current price...

Hydro, the Newmont shares have not been issued yet until the deal is signed, sealed and delivered. As StarBright wrote on LSE today at 08:51: Of the 5.2bn placing shares then: 675m to Wyloo 797m to Tembo 637m to Firetrail That leaves about 3bn as yet unaccounted for. With the disclosure threshold at...

Hydro, you friend Master Investor just wrote a new article on GGP… as predicted, he isn’t a fan.

https://masterinvestor.co.uk/commoditie ... ld-update/

The key difference though is that the debt facility for the decline is CAPEX and is spent directly on the Havieron mine development ... rather than lining the pockets of Newmont shareholders ..... and it has to be incurred regardless in order to get to the ore body. And if the ore body holds around ...

In my opinion Newmont are not buying shares. I feel it’s more likely to be GDXJ. The gold price is up the last few weeks and looks to be heading to new highs in USD (already all time highs in all other currencies). GDX and GDXJ most likely seeing new cash being invested into their ETFs and that mone...

Jundee is shown here on todays RNS

https://polaris.brighterir.com/public/g ... ry/w17l84w

I remember that as well Hydro. I suggested Twiggy since he is a legend in Oz, but I knew most here in the UK didn’t have a clue who he was at the time. Well they do now. And I welcome Wyloo with open arms. Shame they didn’t come onboard when the share price was much higher as it would have been a go...

Hydro this discussion about Greatland Gold and their views are at odds with what you’ve written above. Thoughts?

https://youtu.be/dxGMNZpt9Vk?si=TmyceuIxcP5qSUdA