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GDP Goldplat Plc

6.10
0.00 (0.00%)
Last Updated: 08:00:12
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Goldplat Plc 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
  0.00 0.00% 6.10 5.90 6.30 6.10 6.10 6.10 0.00 08:00:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 41.88M 2.8M 0.0167 3.65 10.23M
Goldplat Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker GDP. The last closing price for Goldplat was 6.10p. Over the last year, Goldplat shares have traded in a share price range of 5.60p to 9.25p.

Goldplat currently has 167,782,667 shares in issue. The market capitalisation of Goldplat is £10.23 million. Goldplat has a price to earnings ratio (PE ratio) of 3.65.

Goldplat Share Discussion Threads

Showing 17476 to 17496 of 29400 messages
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DateSubjectAuthorDiscuss
18/10/2016
10:26
I am expecting the update to coincide with the AGM, they released an ops update on the same day as the agm last year.
sea7
18/10/2016
10:00
I presume we are going to get the Q1/17 update in the next week or so. It seems almost pointless trying to predict with any sort of precision when South Afirca can do 4864ozs in Q3/16 at an operating profit of £0.845m but produce 12,083ozs in Q4/16 with an operating profit of £0.57m.

However VSA is forecasting a profit of £1.928m for this year. If you add £0.8m for central costs you get £2.728m operating profit, or £0.682m per quarter.

It looks as though the CIL will be operating at Kili in a couple of months. The £1.2m they say they are spending at Kili I presume includes the CIL and the crushing plant in January.

That will increase capacity to about 3ktpm from about 700tpm at present.

Profitability will depend on how much of the higher grade artisanal material they can acquire.

kimboy2
15/10/2016
09:19
Quite an interesting history:
flyingswan
12/10/2016
09:53
Thanks sea7 - I has presumed it was Dec 2016 but happy to have confirmation. Things all coming together for decent 2017.
michaelfenton
12/10/2016
09:20
On page 18 of the september presentation it states regarding kilimapesa, that first stage commissioning and production start up is planned for end december 2017.

I have spoken with Gerard about this, as I was sure it should be december 2016, he has confirmed that it should read december 2016.

sea7
12/10/2016
06:25
From Mergermarkets yesterday:

Goldplat [LON:GDP], a gold-recovery and mining company, has been approached by potential buyers for a stake in its Nyieme project in Burkina Faso, Chief Executive Gerard Kisbey-Green told Mergermarket. A deal would likely be structured as an earn-in, where a suitor expends the amount of capex of the mine’s development in exchange for a stake in the project. He declined to specify the percentage of the project on offer or the amount Goldplat would look to raise through a deal. Goldplat has a market capitalisation of GBP 10.07m (EUR 11.3m).

qvg
09/10/2016
20:09
I wonder if we will work with these guys in brazil as they must have a lot of contacts.
sea7
09/10/2016
19:36
Morkel is living in belo horizonte, minas gerais brazil
sea7
09/10/2016
19:33
I see that Morkel Du Plessis describes himself as manager goldplat brazil..
He was area manager at midas in burkina faso

sea7
09/10/2016
18:59
I notice on the agm agenda, special resolution 6c, has had the nominal aggregate amount increased to £400k from the £300k last year. Otherwise it looks fairly similar and straightforward.
sea7
09/10/2016
18:48
AGM 27TH October....
sea7
09/10/2016
18:41
Does anyone know when Goldplat GDP the AGM?

Goldplat GDP announce the AGM on the 3rd October last year and held it on the 29th October 2015, including a production update. There was also more news on the 31st October 2015.

Any ideas of the time scales for this years AGM?

flyingswan
09/10/2016
17:41
Thats what I thought.

He was supposed to be winding things down. Guess he isn't really ready yet.

sea7
09/10/2016
16:14
So much as Brian wanting to retire at age 80 Sea?
shareholder7
09/10/2016
14:02
I see that Brian Moritz has been appointed as a NED at vast resources as of last week.



Roy Pitchford ceo vast resources says...

“I am delighted that Brian has agreed to join our board – he has had an exceptional career in the junior resource industry and has multiple success stories under his belt. Brian and I have worked together on several occasions in the past and I have always been impressed by his drive, insight and commercial acumen

sea7
07/10/2016
19:11
They are certainly spending some money on Kili. There is £560k last year and £1235k this year, as well as a £700k loss to susidise.

I noticed in the prelims it said;

The original treatment plant will continue to be used to process high grade artisanal tailings for as long as the existing tailings facility has capacity or until an economically viable means of transporting tailings to the new facility is found.

Now the new plant, when added to the existing plant, will do 3ktpm.That is 80tpd at the new CIL and the rest at the existing plant.

Now if they rely on their own mined material at 2.4g/t then production isn't going to increase that much once the old plant shuts.

Clearly they are going to use higher grade artisanal material one way or another and the presentation says;

Discussions were held with Governor of adjacent Migori County to explore opportunities for sourcing of artisanal material, exploration and potential future mining and processing operations.

Red Rock had some licenses whipped off them in Migori;



There seems plenty of scope for improvement, as well as plenty of gold.

kimboy2
07/10/2016
07:23
I see they missed martin ooi off the top five shareholders list on the presentation.
sea7
07/10/2016
07:20
tks will take a look
sea7
07/10/2016
07:02
There is a presentation on the website. Interesting bit on itemising their investments.
kimboy2
04/10/2016
13:21
KB,

A few points from the tip tv, interview are...

Gerard stated that we are producing around 40k ozs per year at the moment.

The stock dam is around 2g/t and he is hoping for 40%-50% recovery.

On sourcing he states that it is mainly batch by batch, meaning that we may have a 3 year contract with someone, however, that doesn't mean material every month.

Sometimes they will buy the material outright and take the risk on what is in it, however, normally they both assay, process it and then pay the client when the gold is sold, or they return gold to client.

He said the cost base at recovery business is more like a factory than a mine and that costs do not go up as much when the gold price goes up.

Rand refinery had issues and they could not foresee the effects it would have on a small client like goldplat, compared to the likes of anglogold ashanti etc.

He stated that they have had material from sudan and tanzania. The trial batch from south america was completed and the sourcing manager is living there now.

He does not intend to build a new plant in south america in the short to medium term as it is a difficult market to operate in, they are fairly naive in that market at the moment and do not wish to commit capital and resources until they understand the business there. They will simply acquire material and ship it to ghana.

sea7
04/10/2016
08:19
I think that the pit next door is the most profitable but it is probably some old mine that went bust years ago with various competing claims on it, so a bit of a puzzle to entangle I imagine.

I haven't seen the Tiptv interview as my computer is playing up but if Gerard is saying 40-50% I would expect something a bit over 50%.

The heap is of course a big asset which will give a handy increase to profits when it comes on stream. However it is also an asset that is being constantly renewed, at an ever increasing rate.

kimboy2
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