Share Name Share Symbol Market Type Share ISIN Share Description
Goldplat LSE:GDP London Ordinary Share GB00B0HCWM45 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 5.375p 5.25p 5.50p 5.375p 5.375p 5.375p 95,036.00 07:30:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 16.6 -0.8 -0.5 - 9.00

Goldplat Share Discussion Threads

Showing 17601 to 17625 of 17625 messages
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DateSubjectAuthorDiscuss
02/12/2016
20:23
Well ALO still cliam to be close to funding and have been quite clever so far in getting development in various projects for a no cost share. It is hard for small companies but at least GDP ia producing revenue and can finance Kenya mine from profits elsewhere. Funding is problematic for all small miners which is why there are opportunities to pick up bargains.
michaelfenton
02/12/2016
15:51
Yes they are cheap because no one can get funding. ALO thought they had squared the circle but it is appears a load of nonsense. If GDP can actually produce cash in a year or two then it could pick up some useful assets which are probably too small for the majors. That will be the next stage after the present investment cycle, which may take a couple of years. I presume that is why they are quite keen on raising some cash, when the share price rises a bit, to get them to the next stage quicker.
kimboy2
02/12/2016
14:53
kimboy2 - you are right mines already near ir producing can be picked up for a song and yes ALO did well but are still seraching for funding?
michaelfenton
02/12/2016
12:58
Aurgin haven't done anything for a while as far as I know. Goldfields did make a R10M or $1m investment back in 2013 in aurigin which was impaired later on.
sea7
02/12/2016
12:25
Ashanti golds factsheet from october 2016... hTTp://www.ashantigoldcorp.com/assets/img/factsheet.pdf Nothing in it we do not already know. The picture they use on the front page of people working on the site is the exact same one on goldplats gallery page on its website.
sea7
02/12/2016
11:35
Has anyone had any thoughts about the stated ambition of Gerard that GDP become a miner. ISTR that he was wanting a 40kozs pa producer. There was a Letter of Intent last year with an exploration company, which came to nothing. I had presumed that this was Aurigin, but don't know. Gerard did say that he would be resigning from Aurigin but hasn't done so as yet. Aurigin is basically out of money and no hope of raising any cash for further exploration IMV. However I am not sure why we would want an exploration project when a discovery can be bought dirt cheap. ALO bought Matala a year ago for £1.54m despite the fact $20m had been spent on exploration. With a resource of 760kozs this works out at $2.50/oz, which is very cheap. The problem is that you need the cash to develop it, which is exactly what ALO doesn't have and will get skewered when they have to raise some. In order to pursue this strategy GDP has to be producing sufficient cash, which means fulfilling its own investments first. The developments that are planned are a couple of elution columns as well as the Kili expansion. This lot will probably cost something like £6m. Once that is completed I would expect GDP to be producing something over £5m pa net. Once GDP reach this point then the $14m needed to develop a 40kozs Matala type development will look easily doable. Not sure if this is the strategy but seems sensible to me. The first stage is to invest and establish a solid base in the recovery operations.
kimboy2
02/12/2016
07:53
Millers post... when lite it will bed illusionary and send the share price back to,2p ....... As you are unable to communicate effectively in english, I will be putting you on filter, as you have once again demonstrated that you have absolutely no understanding of anything, with regards to the subject at hand. You have let yourself down again Miller and have shown yourself up to be the poorly informed troll that we know you are. Why don't you try to make a constructive post, instead of belittling everything the company and others do and say.
sea7
01/12/2016
22:17
It's good to see old stupid 7 still trying to flog his dead horse. He states above The group has many irons in the fire across all group companies, all at varying degrees of progress. But fails to state the costs of the irons and that the fire needs lighting and when lite it will bed illusionary and send the share price back to,2p This BB is better fun than the TV.
danielmiller1
01/12/2016
19:16
In contrast to russman's doom and gloom picture, it should be noted that the work carried out to improve the underlying picture is demonstrated in the net current asset value. To end june 2015 NCAV was 1.8p per share. To end June 2016 NCAV was 2.11p per share. That is an increase of just under 18%. This proves, that at the time the information was compiled the overall health of the group was steadily improving. If the group decided to pay all liabilities owed, as at 30 june 2016, sold all the inventory and collected all the receivables on the same day, there would be a positive cash balance of £3,536,000 left for shareholders plus all the property,plant and equipment. That's a fairly solid position considering what has transpired over the previous few years. (I know they are not going to do that nor would it happen in a day if they did try to do so.) They are investing in the business instead of frittering the cash away on a dividend at such a capital intensive time. The cash position at 1 july 2015 was £630k and a year later at 30 June 2016 it was £2,056,000 an increase of just over 225%. The group has many irons in the fire across all group companies, all at varying degrees of progress. The planned balance sheet strengthening exercise is primarily for kili, which takes the pressure off the recovery plants, as they have been supporting this mine since its inception. This is a testament to the strength and durability of the recovery plants, as demonstrated by their ability to withstand everything that has been thrown at them over the years and still remain profitable. You are judging the book by its cover russman.
sea7
01/12/2016
17:46
I forgot the "progressive" silver tolling agreement with RR.
russman
01/12/2016
12:54
I thought you were out so why are you expecting a dividend?
kimboy2
01/12/2016
12:24
The proposal is getting very blurred.Kili, stock dam, s america, platinum....Sunk millions into Kili.Kili might get to b/even but where is my divi.
russman
01/12/2016
00:05
Nice tick up today
csmwssk12hu
30/11/2016
17:33
Yes it is amazing that it can be so profitable when thay are only extracting $6 of gold per tonne. GDP have a couple of advantages apart from the better grade. One is that they apparently have most of the machinery. Secondly at the processing rate of about 100,000tpy their stockpile will be constantly replenished from material being added to it.
kimboy2
30/11/2016
16:13
Some background reading on Tailings Reprocessing projects: http://www.panafricanresources.com/wp-content/uploads/Annual-Results-Presentation-30-June-2016.pdf Elikhulu Project Resource – 178.7 million tonnes @ 0.29g/t (1.7Moz AU) • Expected to process 1 million tonnes of tailings per month (excl. ETRP) • Estimated life of 14 years • Planned infrastructure: › 1 million tonnes per month CIL plant › TSF to accommodate 1.25 million tonnes/month to accommodate all of Evander’s tailings › Power and water infrastructure (water to be supplied from existing operations and Leeuwpan dam) › 18 – 24 month construction and commissioning period • High level project plan: › Completion of definitive feasibility study – November 2016 › Board approval – following completion of definitive feasibility study › Completion and submission of environmental applications – November 2017 › First gold – November 2018 Key pre-feasibility parameters: • Completion : November 2018 • Design capacity : 12 million tonnes/annum • Forecast initial annual production : 45,000oz – 50,000oz • Gold price assumed : ZAR575,000/kg • Recoveries assumed : 45% • Life of project : 14 years • Estimated capital : ZAR1.7 billion • Forecast AISC : ZAR300,000/kg (USD650/oz) • Forecast payback : 3 – 4 years post commissioning • Project IRR (Nominal) : 28.6% PAR track record of delivering tailings projects: • BTRP – ZAR325.7 million – Paid back in 18 months • ETRP – ZAR174.3 million – Forecasting 4 year payback period • Phoenix Platinum Mining – ZAR308.9 million - Forecasting 10 year payback period Goldplat's is much smaller, at 1.43mt vs 178.7mt but also much higher grade @ 1.78g/t vs 0.29g/t. Although lacking the scale of PAF's proposed operation I think the grade difference should end up giving Goldplat's operation a higher recoverability factor and lower AISC.
dangersimpson2
30/11/2016
15:10
Good evening Bot, I have to be gentle to you as you saved me a fortune by making me think twice of ALO I sold out at a good profit. However you are away of beat with this one in fact you always have been and I have called it right. The next stop for this is back to 4p. Not much point in arguing the point as after ALO,I cant be as crital of you as I Would normally be.......so best of luck with it.
danielmiller1
30/11/2016
13:44
It might not happen, but if it does the share price will be over 10p and it won't be earnings dilutory.
kimboy2
30/11/2016
12:56
Would this placing be to "preferential" investors.
russman
30/11/2016
08:17
Whatever there will be Botboy you can rest assured it will,be dilutionry andbthe SP,and shareholders will suffer. It was not that long ago the Kissmequick Greem was boasting that they did not need funding as they were making enough profits. A typical GDP,statement
danielmiller1
30/11/2016
00:05
Gold ticking up again today
csmwssk12hu
29/11/2016
12:35
There will be a placing rather than a rights issue.
kimboy2
29/11/2016
12:25
The notes to any rights issue would make interesting reading.The dispute with RR.....
russman
29/11/2016
11:43
There are two uncertainties. Firstly whther the CIL will actually get built. I think we can be fairly sure it will as it is virtually complete. Secondly how much will they make from it when it is. The company are fairly obscure about this which is reasonable enough when they are having to negotiate for material.
kimboy2
29/11/2016
11:24
They are expecting to be able to start the milling section by the end of december.
sea7
29/11/2016
11:13
Kimboy2 - as usual you are spot on and it is hardly suprising that the market refuses to belive anything till it is delivered given preious slipups. But looking good to me.
michaelfenton
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