5 Bagger Thread. Fundamentals and Opinions, page-167

Nice quiet soak day OS. They be mulling it over me tinks and they be hauling the sheets up by weeks end as ye say.

Still find it hard to believe how many r missing the value in this. Wishing dearly that my losses were what I could put into this.

So its kept up the high end of the previous days range just sopping up that stuff that’s just naturally going to fall out the back end of the overhang. Even tho a quiet day it was still very positive for the strength of the overall move. If this keeps up we’ll get closer to breaking the gap trend that Seagull mentioned. But I’m not counting those chooks just yet as he has the uncanny knack of being right.

If AM’s been spruiking the recent preso and showing them the little black book with the PFS update numbers then surely mid month will be close for the PFS update as mentioned by one of the other posters, apologies for not remembering Ur username. He wouldn’t be able to keep that stuff mum for long if telling these guys at the presos. After all Blue O is obviously aware of the savings potential to the PFS.

With Blue O going for a 25% NPV increase WITHOUT that significant extra underground work we could be in for a surprise to the upside of 25%. They were talking in the Feb preso of a 20% decrease in lateral development metres and also mentioned that the geology was favourable for bigger stopes which may be the reason behind the reduction in those lateral metres with a corresponding increase in material recovery. So the significance of these mine design changes may be getting understated by the brokers.

Say we go glass half full and go with 30%, then 30% can go on the share of the NPV bottom line and therefore any valuation, that’s quite a kick. Even 25% would be solid.

30% on 270M, their current NPV share after the Toho deal gives, at 8% discount, around 350M share to G1A !!!

Is it any wonder this was being chomped at the other day. More chomping to come one would fathom a guess

Gr