The Mission Share Discussion Threads

[bbbb] 08/9/2007 08:25

non-binding in this case might mean just that.
most deals here seem to have a provisional element-
even some of the sale proceeds of masbate can be
clawed back by cga in the event of glitch.

works both ways, of course, and mc/casten seem to
have options as to how they enforce their security
for their 'lendings.'

in a worst-case scenario, everything could look
wonderful but leave nothing for minorities.

[dogberry202000] 07/9/2007 16:45

Zarus/Dollar 5100+!!! DROOY took off, yesterday.

[bbbb] 07/9/2007 14:54

mc/casten could be poised for huge leverage if they ratchet up the loans to
boost psgm gt production, rolling up the compounded interest should unleash
a bonanza - for them, if they take back the non-binding sale to grab the extra
gold price profit!

could make cga look like small change!

[giant steps] 07/9/2007 14:44

Poised for huge leverage PSGM Au/$/oz[1] Au/$/oz[2] ZARUSD AuZarusd[1] AuZarusd[2] Cash costs 625 635 7.06          4,413          4,483 Total costs 665 675 7.06          4,695          4,766 Market 706.75 7.21          5,096 Margin value            401            330 Margin % 8.54% 6.92%

[giant steps] 07/9/2007 13:46

Poised for huge leverage PSGM Au/$/oz[1] Au/$/oz[2] ZARUSD AuZarusd[1] AuZarusd[2] Cash costs 625 635 7.06          4,413          4,483 Total costs 665 675 7.06          4,695          4,766 Market 704.05 7.19          5,062 Margin value            367            296 Margin % 7.82% 6.21%

[giant steps] 06/9/2007 18:10

Next few months will be a pleasure to watch, gearing on TMG share price could be huge

Apart from improved margin at PGSM expect to see CGA share price advance.
Bodes well imo.

[bbbb] 06/9/2007 18:07

...but remember, the benefits of extra profit would go to those entitled
to the lions share. still, minorities should enjoy watching, from the sidelines.

[giant steps] 06/9/2007 18:03

Poised for huge leverage PSGM Au/$/oz[1] Au/$/oz[2] ZARUSD AuZarusd[1] AuZarusd[2] Cash costs 625 635 7.06          4,413          4,483 Total costs 665 675 7.06          4,695          4,766 Market 695.3 7.195          5,003 Margin value            308            237 Margin % 6.56% 4.97%

[simontemplar] 06/9/2007 17:12

Let's not get carried away! First through the $700 barrier and maybe just maybe something might be salvagable!

[dogberry202000] 06/9/2007 17:11

God knows!

[bbbb] 06/9/2007 17:00

as the sale of psgm is non binding, may be it might be declined or
gazumped...

[dogberry202000] 06/9/2007 16:54

Gold is tearing away! Zarusgold 5000 gold now passed!

[katsy] 06/9/2007 16:41

Well if pog can maintain this or even higher for a few months then hopefully we may be back to a cash positive mine again. Maybe TMG will ask for more money for the mine.

although rand depreciation as just added .5m USD to the offer.

[giant steps] 06/9/2007 16:26

Great time for any unhedged gold producers, especially marginal operations

zarusgold 4976

[giant steps] 06/9/2007 14:54

500K holding would be a nice target, above 1% and 20% of the free float !

[simontemplar] 06/9/2007 14:48

Who said buy? There was certainly some big trades for 250k shares before the drop from 20p. How much to fall this time! Judging by level 2 this market is cornered. It's funny how GS mentioned the rollovers just this morning. Not yours by any chance?

[katsy] 06/9/2007 14:41

How can they be rollovers I don't ever remember anybody buying that many shares in TMG this year.

[simontemplar] 06/9/2007 14:32

Those rollovers again GS!

[bbbb] 06/9/2007 14:01

it will be intersting to know how above-ground ore and material being processed
is valued and what the cut-off date will be.

[giant steps] 06/9/2007 13:52

In the meantime PGSM makes some good money for thistle.

[bbbb] 06/9/2007 13:47

...and their new owners who might complete the non-binding deal
when it looks more of a cert - for them!

[giant steps] 06/9/2007 13:44

zarusgold 4970, not to be ignored, bodes well for PGSM