Goldplat Share Discussion Threads

[sea7] 23/12/2016 11:14

IXOS™ has consistently and thoroughly outperformed activated carbon and conventional ion-exchange resins in laboratory and field trials conducted over the past three years. These trials were done in partnership with some of the world’s largest gold mining companies under a wide variety of conditions, including high grade, low grade, and refractory (“preg-robbing”) ores. In multiple comparisons of IXOS™ to activated carbon and conventional ion exchange resins, significant performance advantages have been verified.



Early days and not gone beyond the trial stages yet.

[kimboy2] 23/12/2016 11:00

Yes quite an interesting article. It seems to me that it is only the marketing bumph and it hasn't actually been tried anywhere.

It might present an opportunity for Kili and the stock dam.

[sea7] 23/12/2016 09:50

They will be aware. The company behind the new tech will want the knowledge of the existence of their tech to be widespread.

The competitive threat is not against goldplat, it will be against the position that activated carbon holds in the industry.

Happy xmas to all.

[shareholder7] 23/12/2016 09:48

Chase two rabbits and you lose both Happy Christmas to all posters

[sea7] 23/12/2016 08:13

Hi DD,

Did read that. They appear to be offering an alternative to activated carbon and a solution loss recovery system for cyanide gold.

If this new way of recovering gold, bears out as they claim, then goldplat would be in a position to simply change from using activated carbon to these beads and set up an arrangement to have the solution recovery system installed, with an arrangement in place for any scavenged gold.

Once changeover costs and expected returns are calculated, they would be able to make a decision, if the numbers stack up.

It will not affect the viability of the business, as waste is still generated by the mines and this product does not alter that, it merely offers an alternative to an existing component of the gold recovery process.

The vast majority of the cost savings potential they claim, comes from the fact that these beads do not require regeneration, thus this step is removed from the process, along with a lower eluting time and temperature.

There will not be industry wide adoption of this tech, until it has actual real time data over a decent period of time and even then it will be gradual. Gold recovery processes have been perfected in a time frame stretching back hundreds of years, so time will tell if it supplants activated carbon or not.

[danielmiller1] 22/12/2016 22:46

Wowed is this the final curtain for companies like GDP.

READ THIS THROUGH it very interesting as this company will install their equipment for just a share of the profits with no cost to the miner.......maybe soon you will hear..GOLDPLATT...who needs them.

These guys running GDP have had years to get innovation.......but they choose to waste them. Now it looks like they may really have to pay for their idleness. I wonder what the stupid one and his bot will make of this!

[danielmiller1] 22/12/2016 22:33

I wonder why GDP never got this business right they have had years of practice and by now there should be no need for Rand if GDP had been managed properly

[discodave4] 22/12/2016 20:23

From the LSE board, posted by ChameleonMan:hTTp://www.mining.com/cost-saving-nanotechnology-set-to-disrupt-gold-processing-industry/Interesting.DD

[sea7] 22/12/2016 15:07

You are missing an important variable in your question russman, that being, some material goes direct to the benoni plant for eluting, then to rand.

Whether a container of material is sent to Germiston, Benoni or Hamburg, doesn't matter to me, as long as it is processed profitably and to the customers satisfaction.

Time and transport costs are the factors in play regarding shipments and that is being managed appropriately.

[russman] 22/12/2016 13:21

Seems a simple question.The containers are sitting on the dock.& you do not know where they are going.

[sea7] 21/12/2016 20:25

Gerard did say that south america was not without its hiccups and challenges, hence the hope to be signing contracts in january.

[sea7] 21/12/2016 20:19

Material that was delayed in Ghana to be shipped by end of this month.

[kimboy2] 21/12/2016 20:14

Thanks - We aren't going to get any announcements till the New Year by the sound of it.

The South Anerica contracts have been delayed again till January, though they are processing a batch of material at present.

It sounds as though the delay in the material for further processing will reduce quarterly profit, but be in Q3/17 presumably.

They are expecting to do the elution column well ahead of the outlined schedule. I reckon that it will be up and running in a years time.

[sea7] 21/12/2016 19:40

New interview with Gerard..

www.directorstalkinterviews.com/interview-goldplat-plc-extending-ghanaian-gold-licence/412719352

[kimboy2] 21/12/2016 17:48

A far more certain way to increase the gold price, or at least the rand gold price, is to depreciate the rand;

[michaelfenton] 21/12/2016 17:22

Kimboy2 - there have been rumours circulating for a while re a change in Sharia Law to allow investment in Gold. Do you know anything about this? If true should be a real boost for POG?

[kimboy2] 21/12/2016 16:36

Well I think we will get an update on Kili in early January to say the CIL is a goer. There are also these 3 contracts which were promised by the year end, and I presume were being held up by the Ghana license.

After that there will be the Q2/17 update around the end of January.

Then there is the stock dam announcement which could come at any time. I think they will announce that as soon as they get permission to use the adjacent pit.

[sea7] 21/12/2016 11:33

Some material goes from Ghana to South Africa to be eluted, then onto rands one to three day bullion service.

The decision on where batches are sent is dependent on what else is being processed and where.

[russman] 21/12/2016 11:26

Ghana to Aurubis or RR.

[michaelfenton] 21/12/2016 05:35

sea7 is right there is most unlikely to be any news or updaye until well into January and possibly late January for the ops update.

[danielmiller1] 20/12/2016 21:42

Lololololololololol you mugs are sureLy making this up. May 2000.

You may as well have gone around the local fish chip shops for a new NEC chair not a failed music shop owner whose company On the 30 October 2000 the company was placed into creditors voluntary liquidation; the liquidation was concluded and the company struck off on 6 December 2007. The statement of affairs prepared on 30 October 2000 showed an estimated deficiency as regards creditors of approximately £10.9 million, of which approximately £10.4m were intra-group creditors.

Well at least he follows in the Mortitz tradition of stitch 'em up and bust 'em.

Do you mugs seriously expect GDP to go anywhere with the quality of management. I wager Mr Market will not be amused.

But Dan is Lololololololololololololololol it's all one disaster after another to try and get a simple recycling process to make a few bucks.

Lolololololololol

[sea7] 20/12/2016 21:21

With the stock markets closing at 1230pm on 23rd and not re-opening until the 28th December, closing at 12.30pm on the 30th and then not opening again until the 3rd January, I think it unlikely that we will see anything until the new year.

We have 5 trading days between now and January 3rd.

I doubt Gerard and Co. will even put in an appearance at the office from Friday until the new year. Goldplat might run 24/7 all year round, but management and office staff don't.

[kimboy2] 20/12/2016 21:02

I suppose they will announce something if it happens but now is never a very good time to announce anything as everybody is apparently away, or at least the city slickers are away.

I remember Robert Maxwell used to announce results between Christmas and the New Year, which tells you something.

On the other hand if they do announce something significant it can be an opportunity.

[sea7] 20/12/2016 20:53

I am not expecting an update until they get confirmation of the 1st stage production milling completed, coupled with a much more accurate timeframe for the crushing section, which has been slated as late Q317

In other words, early to mid january.

I see our new NEC isn't giving much away..



Just describes himself as a corporate financier