||EPS - Basic
||Market Cap (m)
Gldbrg.Gbl.Res Share Discussion Threads
Showing 526 to 549 of 550 messages
|Great RNS with many more RNSs due in before the year is out, 100k ounces per annum. What will that do to the sp?|
|Very good rns IMO and promises of further update later in the year
|Erm, is it BOOM BOOM time again?
|We could certainly do with an operational update. It is surely time for them to report quarterly rather than 6 monthly.
They were predicting c. 45kt/month from the U/G 5 months ago. But nothing heard since.
So come on GBGR, let's have some information regarding progress underground.
|Interesting bit of price action following the POG mark down.......perhaps some activity of interest happening in the background|
I'm no expert but my take on the statement above would be that they are probably looking to target higher grade stopes early as part of the mine development approach to get a profitable stream of cash to pay down debt and become cash positive as soon as-is feasible.
|"The Company intends that the Sekisovskoye deposit shall become a selective-mining underground operation. "
In other words, a lot of the deposits are economically unviable ?|
|Yes RT. As expected, a poor 1H16 with everything now hinging on future results from the underground.
No guidance on 2H production, so we are left with very little to go on. This company certainly cannot be accused of being 'promotional' in their reports!
Probably better to view GBGR as a new start-up which happens to have reserves of 2.3m oz and infrastructure and Processing already completed with relatively minimal debt (c. US$18m).
In-ground M.I. resources are currently valued at US$22.9/oz.
Let us see what 2017 brings!
Don't have anything near your portfolio but I am following a number of other PM stocks. This one is probably my smallest in terms of value. I will consider topping up further if it dips down to or below 1.5p. And am prepared to wait out to next year assuming no significant negatives arise beforehand.
Yes, very frustrating!
IF the investment case is eventually supported by mine advancement then this remains very undervalued (IMHO). Hence I am continuing to work to the same plan - ie buying dips every -7.5 to -10% and then recouping my cash when it eventually gets a decent bid, with consequent 'free' shares then bolstering the pot.
However, given the lethargic pace of reporting (and especially financial reporting) it remains likely that improvements to the balance sheet and P&L will still take until Spring 2017 to work through. 1H16 financials are not likely to be up to much because of the final O/P depletion and (hopefully) improving tonnage and grade from the U/G will not show through until all the 2H16 figures are eventually reported - so probably not until late April 2017.
I can certainly understand why people would prefer to switch to a stock with better PR/reporting and where shares are up-trending, so suggesting yet more patience is probably not what anyone wants to hear!
For myself, I do hold a lot of other PM stocks, so holding a laggard like GBGR is not so bad when viewed 'in the round'. Hence, I intend to just continue in the same fashion and wait and see what 2017 brings.
The No-News has been a feature for a while. A somewhat baffling one, as following their move to the main board some time ago I thought it was going to be a precursor to more regular and informative news flows to shareholders. As a result I'm sitting on my small position until it's clear what progress is actually being made.
|The No-News syndrome is really hurting GBGR at present, with other investing opportunities out there. Time to read-up some more and see if this is an opportunity?Cheers, tightfist|
|Thank you for the mention 'sloppyg'!
Yes, the in-ground valuation of M.I. resources does provide the potential for significant upside if they can get the UG working to plan.
However, given their propensity for minimal RNS's and their slow reporting of financials, it may take quite a while for the expected improved results to work their way into the market consciousness.
In the meantime it would be really good if, at least, they could report when UG ore has reached the c. 45kt/month level as mentioned back in late April. That would be a good indication that they are on track to reach their initial target rate of 500ktpa.
|.....and excludes the upside of inferred resource|
|speaking of which the £NPV of seki must have seen a healthy uplift given the savings of decline vs shaft, the POG and the weaker pound/USS.
Would not be surprised to see it closer to $500m or £375m hence c.8 x current MC.
Sort of ties in with Chip's table of MV of gold in the ground for GBGR of $25 versus the move to $250 avge once a stable mid/large producer. 10 x.
So 8-10 bagger on either basis and this excludes Kara.
Early days obviously and a lot still needs to happen but the potential is very significant here imo.|
|Not sorry to see the back of Bill Trew and good to see that things are coming together for u/g production (about which more inf would be welcome)|
|folk buying in/adding, myself included (adding)|
|What on earth is going on . . . . . massive trades today . .?|
its a worry
|Bizarre, if advfn is struggling with the mid price that'd explain why sometimes the anomaly appears, sometimes not, as the spread widens/narrows. Thanks chip|
I have no idea why we have such ridiculous spreads every day now. Perhaps the ADVFN software is struggling to compute a mid-price. Currently Sharescope is showing the bid/offer spread 2 - 2.15 as shown on the ADVFN monitor but not the 2.725 being shown on the monitor as the mid-price!|
|chip, there seems to be a glitch on the daily chart whereby each time one logs into the gbgr bb the price appears to have dropped at the open and returned to unch at the time of logging in. No sweat, just curious.|
They are yet to confirm that they have actually achieved the c. 45kt/month UG ore run rate that they were predicting for commencement in May/June. That would certainly be a good start!
They have still not published an RNS regarding the outcome of Friday's AGM.
They really do need to improve their market communications.
edit: even as I wrote that they were sending the AGM RNS !!|
|500 tonne per annum (stated plan for 2016) @ 4gm per tonne @ 80% Recovery comes out at my estimation around a run rate of just above 50K Oz per annum. It would be nice to see them hit and publish a run rate close to this sometime in 2016 (sooner rather than later would be nice). Although as ever there is a lot not said in the presentation, with most of the info already in previous company statements.
|A new presentation on the website as of 24/06: