||ORD NPV (DI)
||EPS - Basic
||Market Cap (m)
Medusa Share Discussion Threads
Showing 42176 to 42199 of 42200 messages
Good morning to you.
No, I do not see them needing to make any equity raise. If they have any short-term working capital shortfall they could just use their local banker's overdraft facilities - as in the past!
This June quarter 'ought' to be far better in terms of ore haulage/milling/production, so cash costs and AISC/oz 'should' improve markedly.
However, as we are only too painfully aware, there is always the possibility of weather/political/social/managerial/workforce/geological related issues than can cause setbacks!
All the best
|Chip good morning ,in your opinion please, do you see them needing to raise capital in the near future.|
Still struggling with L8 shaft repair issue. Hence all main metrics are negatively impacted.
To reach guidance for FY17 they will need L8 back to full operation (albeit with ore/personnel cage swapping until Service shaft completed) and a return to production levels that were achieved in Sep & Dec quarters 2015. So it is do-able but challenging over this June quarter!
Rather than putting too much store in the June quarter, I am looking for improved figures for Sep17 quarter and beyond - so (hopefully) not too long to wait now.
|What I am immediately struck by is the distance to cover in Q4 to meet production guidance. Not surprising but at least Boyd has stuck to guidance.
Now it's time for a deeper read.|
|Well I will leave those with more knowledge to comment properly I haven't read the whole report.I was struck by two figures the quarterly production ounces and the aisc figure.|
|Quarterly report out.|
|Chip thanks for sharing your thoughts.
My comments are referring to gold miners rather than the physical metal in sterlling terms.
Since the financial meltdown of 2008 various pundits have been predicting on a permanent basis that the stock market is about to crash.Many experts have been predicting 5000 Dollar an ounce gold for some time .
When nothing happens these experts never admit that they were wrong .
The inevitable reset must surely happen at some point in time but I have no idea when that will be.Like Dekal I have much less to invest now.i am treating gold investments
As an insurance policy.
A broken clock is correct twice in 24 hours!
Therefore for some of us time is runing out for the,inevitable reset.|
The 15-year trend for Gold in ££ terms has risen at a CAGR of 13.03% pa - so pretty damn good actually!
Silver has been 12.56% pa over the same period.
Different people will have different views - obviously! But I view the holding of physical as insurance. And with the world financial system getting ever deeper into an unsolvable mess, I feel much happier having some insurance - not that it will ever be enough!
I have no idea what price might occur. Frankly it's impossible to know and, insofar as insurance goes, price is largely irrelevant.
Gold sector equities provide the speculative froth against this chronic financial backdrop. I am unclear as to what other sectors I might wish to be exposed to before, what I consider to be, the inevitable reset occurs. Currently, not many!
|The Forecasts for a gold price upturn
Appear akin to a man seeing a mirage of water in a desert.So many false dawns
Will we ever get there?
It will be to late for many of us|
|Hi TF cheers|
Over the past 6 days GDXJ($) is down 15% so MML being down 11% is a result of sorts until one notes that the AUD is sinking.
Gold investing sentiment certainly has gone very sour, tracking the returning complacency of the VIX?
Friday may mark the final turning point for MML, but none of us battle-hardened MML investors will be surprised if the L8 shaft or Operations woes continue for one or two quarters yet.
Ultimately the killer punch could be within Phillipines politics? However, Arbiter seem confident adding 2.2m on the way up from 37c to 44c on 20th April.
Chip et al,
Yes please browse the Sandstorm board as there's lots of good stuff there. The production growth potential is very strong. Here's the link for anyone else interested.
|And you be lucky too Dek!
I am the 15th June - so pretty close to you!
|Well done Chip and good luck in future dealing,i hold only one stock these days i'm 70 years old on the summer solstice and available money is getting tighter as the years go by lol.
be lucky chip|
Yes, I am considering reducing my MARL holding cost to zero and then taking the Sandstorm cash and shares for a LT Buy & Hold.
I am very bullish on PMs so would expect Sandstorm to reap the benefit and to become a LT provider of a dividend stream in the fullness of time.
I will probably come and have a browse on the Sandstorm BB.
sandstorm is my second largest holding after CEY. I really like the business model and think it's a great way to get exposure to PM's over the next few years. For me it's a buy and hold stock - or just buy more on weakness.|
|The perceived wisdom now is that le pen
Will loose and the very pro euro guy will
Then lead the euro yo to new glory.
Risk assets are thus out of favour|
|Hi Dek, I hope and trust that all is well with you.
I am having a little bit of excitement today because of a proposed business combination between MARL (Mariana) and Sandstorm (which has a streaming business model). The deal would allegedly value MARL at c. 109p in cash and Sandstorm shares.
Hence MARL has been variously up around 45 - 50% so far and I have been closing a number of positions according to my 'Staircase' method. My holding cost is now c. 12p/share and I will need to consider whether to fully close out as I would find it inconvenient (and too expensive) to trade Sandstorm in the 'Staircase'.
Still, it's a nice problem to consider and I may well take my time to see if anyone else puts up a counter-bid.
All the best to you and yours.
|Thanks Chip much appreciated old friend|
There were big drops across the board amongst the ASX goldies, so MML's drop does look more like a general sector rout rather than anything specific to the company. But who knows?
|Don't like the look of the 8% drop ,unless its to do with the sell off in gold .
3rd qtr report due in a few days ,maybe the news is not so good as we hoped it would be.|
|There must be a risk premium for anyone
Operating in the Philippines under the current ruler.There also remain ongoing
Operational issues,which time will Tell
Whether they have been resolved.
The big positive though is the Gold price.
The Guru that I have been following died
Very suddenly.Larry Edelson spoke
Confidently of a gold price of 5000 Dollars
An ounce .|
|If this is a 10 bagger from here, I might make a profit - a very little profit !!!!!|