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Gold Fields Limited (GFI.JO)

Johannesburg - Johannesburg Delayed Price. Currency in ZAc (0.01 ZAR)
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16,080.00+468.00 (+3.00%)
At close: 05:00PM SAST

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  • Y
    Yahoo
    Fundamental of auy and gfi are very strong....don't forget that both of them are one and the combined company is super strong
  • R
    Robbie
    Ok. They reported earnings. Where is everyone? Please comment on results. Seems AISC have risen quite a bit quarter over quarter. Expected, but what are they doing to offset this going forward? What’s their plan? Does this affect the steal?
  • Y
    Yahoo
    Great company...bought more
  • W
    Walker
    Sold my GFI, and piled it ALL into AUY. Will do 2-3x better with AUY based on arbitrage between GFI with merger .

    Even stand alone AUY is worth 7-8
  • D
    D
    Yamana beat estimates by .02 and increased its cash position by $30 million after paying dividends, expansion, exploration and debt costs. GFI should be paying significantly more than .6 of a share for Yamana.
  • R
    Robbie
    I am mostly an AUY holder. I am curious as to why GFI holders don’t like this deal. I feel AUY is being stolen by AUY mgmt and GFI deal. What don’t GFI holders like about the deal other than the crazy exit fee? Thx
  • J
    JT_kirk20
    Anyone find the earnings announcement ?
  • N
    NYSE
    Old NYSE is long and strong and has not sold a single share of Yamana Gold stock.
  • D
    D
    GFI estimates are good:
    Production up 9%
    Costs up only 6% due to increased CapEx at Salares Norte (for the complete of the mine) and fuel.
    Basic earnings per share for H1 2021 are expected to range from US$0.55-0.59 per share (US$0.11- 0.15 per share higher), which is 25% to 34% higher than the basic earnings of US$0.44 per share reported for H1 2021.

    Normalised earnings per share for H1 2022 are expected to range from US$0.54-0.58 per share (US$0.05-0.09 per share higher), which is 10% to 18% higher than the normalised earnings of US$0.49 per share reported for H1 2021.
  • l
    l
    Just learned that China has reduced (sold) 3.98 billion of their gold reserves in July, that explains some of the drop ?
  • D
    D
    Be sure to read Yamana's earnings report when it comes out this evening and watch the conference call tomorrow morning.
  • D
    D
    This deal is surprisingly looking to be falling apart as both stocks are momentarily down .16 intra-day. Price discovery has de-coupled from the deal. More importantly the price of gold is showing weakness and eating at margins. For every $100.00 of margin Yamana increases or decreases EBITDA by $72 million.
  • K
    Kevin
    Streets not turning to gold.....more like lead....
  • R
    RicK X
    Gold future up to almost 1800 from 1700. Meanwhile GFI is being dumped
  • C
    Carl
    Vote NOOO to the Auy deal!!
  • D
    D
    Yamana has announced a great 2nd Quarter with production exceeding expectations at 260,960 ounces. All mines performed at or above expectations and cashflow was strong and resulted in another $30 million in Yamana's cash position after all expenses of dividends, taxes, exploration, mine construction, debt service and management are paid. I like it! GFI is not overpaying for this great company!
  • D
    D
    Sold my remaining GFI a few minutes ago. They do not have the votes and will possibly be paying the $400 million dollar penalty or paying out too much of the profits in dividends and not be able to execute on their development plans. I'm out!
  • A
    Allen
    The discount to the possible merger has widened to 20% from 16%. Is there big money betting against this deal????
  • y
    ytrevor
    $44 billion Twitter acquisition = $1 billion break up fee for Elon
    How did GFI agree to a $450 million break up fee for its shareholders?
    VOTE NO and replace GFI management and BOD
  • y
    ytrevor
    GFI’s stock price is down over 25% from the day the deal was announced—plus is paying a hefty premium for AUY.
    Worst deal ever for GFI shareholders.
    VOTE NO and replace GFI management and BOD