The Mission Share Discussion Threads

[katsy] 20/9/2007 16:33

Ouch 50k@6p

[giant steps] 20/9/2007 16:31

Closing prices bid 6p offer 9p (changed at 16:20)

(6-12 CANA, 5-9 WINS, 5-25 SCAP)

Edit 16:35 t-trade 50K @ 6p

[katsy] 20/9/2007 16:05

'Given increasing uncertainty regarding the health of the U.S. economy and the U.S. [dollar], it seems extremely likely that gold will challenge the inflation-adjusted high of $2,400 in the next 5 years.'
- Mark O'Byrne, GoldandSilverInvestments.com

Remind me what price Gordon Brown sold our reserves for?

[giant steps] 20/9/2007 15:52

Pamodzi offer will need to be revised up imo.

[katsy] 20/9/2007 15:45

Gold just keeps going up. $737 now. What ceiling have the yanks put on gold to rise to now. $750, $800 $1000. Dollar too weak at the moment. ZARUS 7.02.

[katsy] 20/9/2007 14:24

GS

cast and total costs assume a zarus of 7.25. In any case gold now $75 higher than it was a few weeks ago. Surely they at least must be stemming the losses with that price.

[giant steps] 20/9/2007 14:16

Leverage, not to be ignored ! 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 733.7 7.08         5,195 Margin value            500            429 Margin % 10.65% 9.00%

[bbbb] 20/9/2007 09:03

st: I'm surprised the lawyers didn't come up with the idea of a 'binding'
non-agreed price!

[giant steps] 20/9/2007 08:54

Situations favorable for minorities is unthinkable ;-)

[simontemplar] 20/9/2007 08:51

Any unmet deadlines are currently favourable to the minority shareholder. Let's hope the deadline can be stretched out until CGA is A$2 a share and gold is so high that even the majority holders will realize that it's in their interest too not to have PSGM sold off for the 'non binding' agreed price!

[bbbb] 20/9/2007 08:44

spinning out unmet deadline = not coming up with detailed info within the timespan previously indicated by stretching or prolonging said timespan.

[giant steps] 20/9/2007 08:36

Recall old chap, your question was about unmet deadlines and spin.

[bbbb] 20/9/2007 08:31

I'm thinking of clarification of the refinancing of psgm credit lines
psgm sale and cga agreement to transfer. is that sufficiently meaningful,
gs? or do we continue to bathe in fantasy reflected from pog and currency
parities.

[giant steps] 20/9/2007 08:24

'does anyone know how long unmet deadlines can be spun out here?'

Meaningless question bbbb, but conforms to your approach.

[bbbb] 20/9/2007 08:03

does anyone know how long unmet deadlines can be spun out here?
presumably confusion of australian, rsa and canadian jurisiction
helps any intended tardiness.

[giant steps] 20/9/2007 07:42

Masbate capex $119.3m - construction contract awarded to Leighton

CGA Mining A$0.90-0.91

[giant steps] 19/9/2007 16:07

Revised graphs as requested.

[p@] 19/9/2007 15:51

GS-Can you put a clear graph of the days price up top please?

[giant steps] 19/9/2007 15:29

s/p looks set to substantially re-rate imo

[bbbb] 19/9/2007 15:18

gs: if mc/casten retain highly smart lawyers, with matching fees.
their fees could gobble any benefitand then some more!

[giant steps] 19/9/2007 15:16

bbbb, both factors working well for minorities

Prices bid 7p offer 11p

[bbbb] 19/9/2007 15:11

who can know with non-binding deals and cga playing hard-to-trasfer?

[katsy] 19/9/2007 15:01

Hypothetical question if the dollar collapse and the zar:us was say 5 rand/$, this would value 300M rand at $60M and not $41M

Would the deal go ahead?
Would they still offer 300M rand?

[dogberry202000] 19/9/2007 07:13

Yesterday's half percent cut in US base rates will herald the next upleg in gold. Next stop $760. Gold is currently around $724-5.

[tim00] 19/9/2007 05:28

Another nice rise in CGA today. TMG looking undervalued now!