What’s your big gamble? (Volume 4)

[Scootersp]

ATM said:

Adam. said:

ATM said:

Considering Gold has gone up from 2050 to over 2130 in a few days I think the move in HUM has some catching up to do.

And yet GGP has managed to lose 15%

Don't know anything about GGP. Have they fixed their sale price for the next x years at somewhere much lower than current Gold price?

They are not producing yet, own 30% of the mine, Newcrest owned the other 70%, Newcrest has now been bought by Newmont, rumours over whether they will continue with the mine with GGP or sell it off, would GGP be able to buy the 70%? Will a n other swoop in.? Also (a bit hazy here) but the 3rd aquifer (underground water) has caused a pause in the significant tunnel/decline to the ore body (it's already a long way down).

So uncertainty here in many respects, but significant works already undertaken on getting to the known significant resources, so potential I think from here whatever happens, some long term holders will probably be disappointed unless GGP successfully go it alone and become a standalone mid tier miner in time?

[Chris Type R]

One of the old thread gambles RBG (Revolution Bar Group) tanking on news that they might have to sell venues to keep the lights on, -42% just today.

[asfault]

Chris Type R said:

One of the old thread gambles RBG (Revolution Bar Group) tanking on news that they might have to sell venues to keep the lights on, -42% just today.

Young folk dont go out drinking like we used to.
Easier to staay at home and get rejected online than trying your luck in a bar.

[GPH]

It's the debt that leisure companies like RBG and Cineworld had to take on after Covid that has done them in.

[asfault]

GPH said:

It's the debt that leisure companies like RBG and Cineworld had to take on after Covid that has done them in.

Post avengers endgame there have been about 3 big films at the cinema imo, top gun maverick, openheimer and barbie. seen 2//3 of them at the cinema other than tht nothing has taken interest. same as all my mates,