@hinds_stuart Short position steadily collapsing... someone knows something..!! 🤣🤣🤣 (... like $50m in losses). That £72m short was opened March 19 at £5.06 >>> price today £7.30 Ouch! AND still some 6m share to close, for a 36% losses.
@Greatland_GGP Nice - No hedging requirements - no gnarly debt clauses @shaun_day_ gets to use his gold PUT strategy with a clear nod to Hav acceleration: "there will be... opportunities to accelerate elements of the expansion capex in the future where they de-risk project delivery."
Love it
@NorthstarCharts You know what I think. No rate rises coming. The market smashed gold short term to load up know massive inflation coming down the pike. Only way out. Market sniffing out Warsh will be Dovish.
@NorthstarCharts Good chart. Unsurprising. That’s why it’s best to only own the miners and juniors that truly create value; with the drill bit. Averaged out by the majors that component is lost. Good mid-caps and discoveries make the difference! #GGP
@badcharts1 Interesting Patrick. I’ve noticed some fairly significant flows very recently into Greatland. Is that one bucking the trend …? Or, is institutional money using this pull back to load up? https://t.co/F60q27ypZ0
@thoreau_devotee@TaviCosta I have to 2nd Greatland - exceptional management! Added 6.5 moz recently cost of discovery $3.5oz US. Should become a 500-600koz producer over next 2-3 years. AISC margin per oz top 5 globally.
@paddygall1@Greatland_GGP Whilst the results clearly indicate >2km of geological continuity - it can only be inferred at this stage. However- I’m clear in my mind geological continuity is highly probable. WDU is massive. absolutely massive! Market in for a shock when they fully delineate 20+ years mining.
@hinds_stuart@TRAVmoneyofmine@moneyofminepod@Greatland_GGP Could you imagine: a sealed bids auction to the final selected 3 bidding parties....? I could. Strategic execution exemplified by Day. Will be interesting to see if @TRAVmoneyofmine was correct in saying "GGP dealing on O'C will signal the top of the tungsten market". 😂💰
@Pete__Panda Pete you report this but omit the 58m at 7g equivalent 1.2km extension to the monster Telfer WDU discovery at GGP… Mintwit - where did you go wrong? Never mind 1 moz try 20 or 30…. 😂