5 Million Ounces and Growing : The New Reality, page-155

Temperatures are running v v hot at the moment, patience is hard I know, below is the answer to most of the chat:




@FameLuck the letter says you should find your exit in the next 3.5 mths, fingers crossed for you and please sell this time when you hit your target.

@MyLP some production targets you've release are a little aggressive (I like your positivity towards WWI) but you should have your production timelines by mid-year (remember that 3yrs they mention here, is actually 4 yrs because it sits on the pad for a year, it's a bit misleading that line), I just use the DFS production timeline but I wish I had your passion most days. And I wish I came in at your price level, sincerely congratulations!!!

@nrl1970 if/once funding approval comes through past payments to directors will probably be deemed as cheap, if it doesn't come through (which is right now), expensive. $1Bn in DCF over the next 15yrs for $2m/yr over 13 yrs is actually very good. DYOR. But right now you are right, until funding, then it's the past.

@nikunjsahani either all or none of your funding predictions will come through in the next 3.5 mths, you either have insider knowledge or it's your agenda to destabilise SP around funding, which is good for you, as for speculation on others exit, happy for you to share your exit plans.

@GT55 your $2k statement appears to be correct but now we will never know, unless you're predicting a +35% GP drop, but that's a big statement. I'm predicting up to a -20% pullback over the next 5 years, I don't know when, approx $2,400 but I think you agree WWI can handle $2,400

@HaroldBishop when gold passed $2,790, WWI became bullet-proof. Non-US central banks will keep buying, they purchase on need not price. 1 year on this thing and my job is done, got over the exhaustion collapse phase of Lassonde, a baying OGM (remember those days), the exceptional Gold Price and v Selling Price, everything is close now for a pop or two. I think it is realistic to see over 15c in 2025 with the right tailwinds. DYOR.

@rajamaka did you have overs or unders on me leaving before 31st Mar? Either way, I'll see you at the next ASX scalp, if I buy in too early.

Be kind to each other, but in true @HaroldBishop spirit, if MQ can't get this thing going, remember MQ is an elected 'non-executive' Chairman, unemotionally replace him with someone who can. I'll be the first follower.

If MQ can, golf claps all round.