Gldbrg.Gbl.Res Share Discussion Threads

[lfdkmp] 19/1/2015 10:54

Well doesn't even look like the market is whelmed, let alone overwhelmed....and we're on the main market too.

[asturius101] 19/1/2015 07:39

At last, great news

[lfdkmp] 19/1/2015 07:25

"GoldBridges is pleased to announce that its 100 per cent owned subsidiary, Altai Ken-Bayitu LLP, has been awarded the contract for the subsoil rights to the Karasuyskoye Ore Fields by the Ministry of Investments and Development in Kazakhstan."

Looking good!

[chipperfrd] 19/1/2015 07:24

Great news! Finally they get the approval for the Kara ore field.

Looking forward to the next step of building an initial JORC resource over the course of 2015.

[lfdkmp] 31/12/2014 15:50

Yes, Happy New Year to all.

Onwards and upwards!

[chipperfrd] 31/12/2014 12:46

Happy New Year to all GBGR followers. 2015 should prove to be interesting I believe.
Chip

[goatherd] 21/12/2014 10:43

Oshy92,

Not your fault.

Advfn have an absurd policy of changing the "http" you certainly posted to "hxxp" when posted by "non-blue" posters. Why I simply cannot imagine.

The quickest way to deal with it is to copy, omitting the "hxxp://www." and paste.

[oshy92] 20/12/2014 19:43

Thanks chipperfield. Not sure how that happened

[lfdkmp] 19/12/2014 14:53

Looking perky on first day of trading on main market.

[chipperfrd] 19/12/2014 11:58

Thanks oshy92,

I have reposted the link (it needed the 'hxxp' adjusting to 'http' in order to work directly from this page).

[oshy92] 19/12/2014 09:55

Please find an interview with CEO Aidar Assaubayev

hxxp://www.fmp-tv.co.uk/companies/goldbridges-

[sloppyg] 18/12/2014 09:28

Suspect we are slightly in limbo at present. We know the move to main market is a prelude to a capital raising but we also know AFR have stated that they will support any debt/equity requirements. We just don't know the price of the equity slice.

Once funding is sorted and hopefully Kara permits then hoping we get some real momentum here.

[lfdkmp] 15/12/2014 18:14

Well, quite a frenzy of buying/selling on the Monday of the week that we de-list from AIM and enter the full market. - All of 2012 shares!

Indifference or a coiled spring? :-)

[sandeels] 04/12/2014 14:19

Very good, thanks Chip and I certainly take your point about the 5yr timeline. I'm in here for the long term and on balance i think I'll top up before the new listing rather than after.
If I have a concern it is not for the MINT, Assaubayev seems to have good friends, but rather the Kara CPR for which the only indicator is that a substantial amount of money has been spent on the data, so at least the Assaubayev family are confident of its potential. We were also promised the CPR in 'early 2014' though I get it that it might make sense for the MINT negotiations to precede the CPR. Maybe they'll come together and we'll see the whole deal re-rated.
Despite that GBGR is as you say, invest-able as it stands and an upturn in the sector could make a difference. The big picture is so bonkers at the mo my default position is to add on an ad hoc basis and let the dust settle on the contents at the back of my drawer!
Sandeels

[chipperfrd] 04/12/2014 12:55

sandeels,

Must admit to having a 5-year investment time-line, so the movements over a few weeks or months is not really much of an issue for me.

The early move to the main market was certainly a surprise. I had expected a 10:1 consolidation first - and thought it probable some time in 2015. But I view it as a positive and it gives them another 'tick in the box' for delivering what they promised back in late 2012.

I don't think it has much to do with PIs, but should make the stock far more attractive to Institutions. There are relatively few gold producers on the LSE with resources & reserves of the size recently reported. The U/G reserves increased 10-fold but the market reaction was very muted - which tells you everything about sentiment for this sector!

The bigger picture looks positive: ie the Eastern World is accumulating gold reserves (presumably in preparation for a global financial re-shuffle) and Kaz'stan is (IMO) very much part of this new, Eastern-centric, co-operation grouping.

I liked the data provided regarding calculated NPV/IRR for the proposed U/G expansion and my own model from that data gave me a reassuring 'sanity check' of their projections (even at just $1200 gold). Although nothing is ever guaranteed of course and all such projections always carry risk as we well know.

But GBGR are slowly putting all the steps in place to build a substantial operation over the medium term and appear to have the resources available to then run the operations over an extensive mine-life.

Seki alone looks to be eminently invest-able but further progress on Kara (approval and then CPR) would, in my view, enhance the shorter-term considerably. Perhaps future news on Kara might well be better received by the main market rather than limited to the relatively smaller participants on AIM!

In my view, Kara might well be a significant game-changer - but again, first we have to get confirmation via MINT approval and then the CPR. If they are forthcoming at anything close to the internal assessment of resources, then even in this beaten down sector environment I would have thought Institutions would start to take serious notice.
Chip

[sandeels] 04/12/2014 12:14

Given the speed with which management have gone for the main market listing, what do people think of the likelihood of there being a potential buyer(s) who will play there but not on the AIM? Or, as a new listing what are the chances of this stock coming to the attention of new PIs keen to get involved now that there is a (slightly) more positive feel for junior miners? Esp in view of the anticipated low production cost.
Given the recent move up it seems reasonable to assume we are unlikely to get a sell off because of the main market listing, so maybe worth topping up before the 18th.
Any ideas? Chip?

[lfdkmp] 28/11/2014 18:49

I don't think this is a traders' share (yet!) and I'm certainly no chartist, but it appears that we have today reached the height on the graph that we did after the significant hike in share price in February/March this year. If we move forward from here (which I expect to with the main market listing on 18 Dec), we might see highs that we haven't seen for a few years.

I've been loading up over the last few months.

[lfdkmp] 28/11/2014 10:00

I'll be quite happy if we inch forward with 0.03p increments up to 18th December. Maybe more sizeable re-rating subsequently with greater exposure in the main market.

[its a worry] 27/11/2014 19:54

I'm not getting too excited . . . i bought a lump at around 12p several years ago and have not averaged down . . .but yes , it is looking more positive now . .

[lfdkmp] 26/11/2014 22:10

hope that vagueness will pass soon!

[its a worry] 26/11/2014 19:15

This is a lot better than the doom n gloom when Hambledon folded . . . . feeling vaguely positive now . . . . .

[lfdkmp] 26/11/2014 14:43

sandeels

Delighted to be wrong :-)

(Also very used to it!)

[sandeels] 26/11/2014 13:59

Good call LFD

20/11 - 'My guess is that short term we will see a negative impact on the sp'...

and

'As usual I will of course be wrong, and tomorrow we'll see a 25%+ increase in share price :-)'

Nice one!