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
  -0.50p -6.67% 7.00p 6.75p 7.25p 7.50p 7.00p 7.50p 553,063.00 15:22:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 16.6 -0.8 -0.5 - 11.72

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Date Time Title Posts
26/2/201716:08Goldplat - Found Niche in the Gold Market11,901.00
26/2/201711:16Goldplat - Profitable Gold Recovery Business3,703.00
24/2/201715:50GoldPlat - Gold Panning with Dan2,372.00
18/3/201616:53*** GoldPlat ***114.00
15/12/201518:36GoldPlat - gold producer with a difference429.00

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Goldplat Daily Update: Goldplat is listed in the Mining sector of the London Stock Exchange with ticker GDP. The last closing price for Goldplat was 7.50p.
Goldplat has a 4 week average price of 5.94p and a 12 week average price of 5.61p.
The 1 year high share price is 7.63p while the 1 year low share price is currently 4.63p.
There are currently 167,441,000 shares in issue and the average daily traded volume is 1,014,675 shares. The market capitalisation of Goldplat is £11,720,870.
sea7: They will be quite some way along the road in two years. The expansion plan in Ghana, will, after the elution column installation only really get going once the clean up operation of the on site tailings dump has finished. The interims show income for the period of £933k, which is after all the tax and finance income/charges etc. This puts the stock on a p/e of 12.9 at todays share price. When we take 2012 into consideration, income for the period was £4.6m, share price 12.8p and p/e of 5. The exchange rate translation in 2012 crushed the final figure from £4.6m to £3m, thus ensuring that the 12.8p share price gave a p/e of 7. The market will take a cautious view on Goldplat despite the great work done to restore profitability and we should be able to expect incremental share price rises in conjunction with steady positive news flow to support them.
sea7: Valid points kb. What I was also trying to extrapolate, was the view the market is likely to take in terms of share price position going forward, against known figures. As we know after 2013 the business suffered many problems and the share price reflected that and is returning to normal levels. As Goldplats business has recovered and is in better shape than before, I went to 2012 to see whether the increase in profitability back then and the share price at the time would likely be repeated over the coming months, as profitability continues its upward trend. 2012 to 2013 was a downtrend for goldplat. The 2016 interims show that we have at least recovered to the 2013 level in terms of underlying business performance. As Gold is not as high, nor is the company paying a dividend and allowing for the expected increase in returns due to kili hitting profitability and the held back ounces showing up, then I think the market will have this around the current share price for now and then as kili stage 2 completes, an increase to the 8's might be achievable. I think we will need a good result on rand dispute, confirmation of some further south American or other countries business into Ghana and kili performing as planned for us to see goldplat move upto 10p this year. We also have those unexpected positives that may come out and boost business and the share price, whereas over the last few years it has been unexpected negatives that have kept on coming up, depressing business and the share price. At least, after just over three and a half years, the company is back on an even keel again and in a much stronger position.
sea7: If we look back to the 2013 accounts, the share price at the end june 2013 was 7.5p The accounts showed.. revenue £28.9m costs £24.33m gross profit £4.566m admin £1.927m result £2.6m The recent interims have £1.009m result, assuming nothing changes, which we know it will then a repeat would be £2.018m at the full year. the recent interims are showing revenue £14.41m costs £12.29m gross profit £2.122m admin £1.113m result £1.009 When we look at these figures, the interims are about half the 2013 full year figs. As the stock is 7.5p today and was 7.5p then, it looks as though the market is on trend with goldplat. Looking back a year further to 2012 when results were £4.5m after cost of sales and admin the share price was 12.8p. Do I see the stock climbing to 12.8p. A couple of things will hold it back. Gold in dollars in june 2012 was $1584 oz and goldplat was paying a maiden dividend of 0.6p In my view without gold being much higher and no dividend, then I would think that we will not have much further to go in the share price before it stalls. We may inch our way nearer to 10p once the outstanding revenue comes in and kili stage 2 is done. After that it will be the best part of a year for the elution column is fully operational. Without some of the share price triggers coming in then I see a lot of resistance towards 10p from here. One other thing - Goldplat listed in July 2006 at 7.5p. So anyone holding from the listing day will be at breakeven!!
shareholder7: DD Rand have loads of product for processing and this deal was meant to bring the two companies together If they would have pulled this off, more processing would have happened and I would not have been a seller Now RR and GDP don't have a great relationship and egos are at play RR will want to partner with someone else or do it themselves (wait for the reply from Elmboy asking for proof) Do GDP have completion, yes they do So this dispute has effected GDP share price and could push RR to find alternative providers If GDP have to write off £650k that will pull back the gains but as they say they are sure of a favourable outcome but win the deal, lose the relationship We both see this as does Gerard Lets see what happens with the share price in the coming months But as I say good luck to the people that bought in at the bottom but try selling 4m shares in this market Luckily there is one person that is building a stake to take them at the moment Thanks for your support DD
kimboy2: Goldplat plc (LON:GDP) Chief Executive Officer Gerard Kisbey-Green caught up with DirectorsTalk for an exclusive interview to discuss the commissioning of the first stage of the new processing plant at Kilimapesa and what investors should be looking out for in the coming months Q1: Now, some positive news out today on the commissioning of the first stage of the new processing plant at Kilimapesa, can you talk us through the timescales involved in the 3 stages? A1: As I said in the announcement, Goldplat began the commissioning of what we called stage 1 on the 23rd December, that is now complete and in fact we’re going to have the official opening of the plant by the Minerals Commissioner on the 16th February. We’ve begun what we call stage 2 and that entails the installation of the front end of the plant which is the crusher circuit as well as 3 CIL tanks and as per the announcement we do expect that to be concluded/completed within or by the end of the month of April, obviously, dependant on how the new installation goes but we’re confident of that timeframe. That should get us up to 120 tonnes per day, currently we’re producing at a rate of 60 tonnes a day and that’s constrained really by the residence time within our current CIL plant circuits and obviously with stage 2, having installed an additional 3 CIL tanks as well as the crusher circuit, we’ll be able to increase the residence time and the throughput about 120 tonnes per day. The commencement of stage 3, really it depends on how thing go. Until the installation of an additional mill, in other words we’ll be doubling our milling capacity and it will also obviously then need some more CIL tanks, we’re really going to see how the plant is running, how the tailings are working out, how production from the mine is matching the throughput of the plant and then we’ll take a view at that point in time as to when we will tick off the installation of stage 3. So, really, it’s dependant on how well stage 2 goes financially and practically on the ground. Q2: Obviously, the positive news has an effect on share price, what should investors be looking out for in terms of news flow over the coming 12 months for Goldplat? A2: 12 months is a long time, if we look at bit closer than that, we have the interims coming out in a couple of weeks’ time, normally at this time, towards the last week in February and I’m targeting Monday 20th February for issuing and making public the interim results to the end of December 2016. We have indicated to the market that we are making good progress with our investigations in South America and we should be able to announce, probably in the next month or so, some results in terms of how things are looking and whether or not we’ve signed any contracts. Then really it’s open ground as to what happens thereafter, we’ve got our annual results at the end of August, we finish the year end of June. We’ve also spoken to the market about constantly taking a look at the capital market out there and whether we were able to access the capital markets, being public or private, and being debt or equity, in due course and we continue to look at that, if anything would transpire then obviously, there’ll be news flow after that. We also hope to make an announcement with respect to the tailing infrastructure facility in South Africa, we’ve been trying to get access to a nearby open pit for deposition of tailing and hopefully that’ll also be news flow in the short-term, we can then start processing, or at least start planning, the processing of the tailing facility. That’s probably all we have got on the horizon which should be a regular news flow and a good news flow if everything goes well. If, like you said, there’s a correlation between the share price and news flow then hopefully we can continue with our stable and steady upwards trend in our share price.
sea7: Of course, one of the difficulties with trading multiples is the number of shares in issue, if Gerard does go for an equity raise as we pass 10p per share, then where would we be, based on a £3m a year profit? Lets say it is a £5m raise at 10p adding another 50m shares to the total in issue. If the share price at the time of the announcement was 12p, with 167,441,000 shares in issue, we would have a cap of £20,092,920. Add 50m shares at 10p, we end up with 217,441,000 shares in issue and a starting share price of 11.5p, which gives us the cap of £25,092,920. On an existing profit of £3m the p/e would adjust to 8.36 with the new shares in issue. I would expect to see the share price drop to around the 8p to 9p range off the back of placee selling and market adjustment, which would take the p/e back down to the 5-6.5 range. All speculative I know, however, scenario planning on investments is a worthwhile exercise in my view.
shareholder7: You really don't need to be rocket scientist to work out GoldPlat1 SA is worth $19m on its own. This was the valuation 2 years ago when the minority interest was sold and its valuation has since risen. So current market cap of GDP is what our 75% in SA is worth 2 killi loss making and burning cash 3. Rand Refinery nearly bought down GDP because they were at the end of the process and GDP had no alternative 4. Ghana then went into losses as RR refused to take product 5 As soon a RR took GDP production revenue and profit returned 6. Germany used as alternative in the meantime So what does this tell us RR is the key to making GDP successful So what do we do Get into a contract that both sides are disputing and GDP start legal procedures against RRRR then say they can't take any product in August so GDP have to find alternative at high transportation costs and timing issues RR shareholders are GDP customers so what message does this say to them ? Check out their web site So if GDP do this what is the next thing they will do Share price is down the toilet due to this and if they had a great relationship and troll agreement would have worked out we would be looking at a share price of 10 to 12 p after finals Now you have to write off 650k so profit before tax is now 1,350k plus you have legal expenses and time committed Simple really I hate to say it but same old story, what is management up to Too many engineers not enough business people running the company Solution1. Close killi 2. Get into bed with RR and sort out those issues3. Focus on gold recovery 4. Get some experience commercial people in
sea7: FS, August 2007 share price was 8.5p 2008 quoted at 9.5p sept 2009 share price was 10.93p Sept 2010 share price was 9.6p Nov 2011 share price was 11.94p aug 2012 share price was 14p jun 2013 share price was 8p jun 2014 share price was 3.75p jul 2015 share price was 1.63p. In 2007 shares in issue 109m mcap 9.26m in 2008 shares in issue 112m mcap 10.6m in 2009 shares in issue 111m mcap 12m in 2010 shares in issue 168m mcap 16.1m in 2011 shares in issue 168m mcap 20m in 2012 shares in issue 168m mcap 23m (price hit all time high of 16.5p that year) in 2013 shares in issue 168m mcap 13.4m in 2014 shares in issue 168m mcap 6.3m in 2015 shares in issue 168m mcap 2.73m today we have 167m shares in issue and a 6p share price giving a 10m mcap. The mcap is the same today, as it was in 2008, when PBT was around the same level as it is today. The company has a lot more to come and this PBT figure should increase going forward and if history is anything to go by, so will the share price. The shares in issue are rounded and the prices are correct on a particular day in the months shown - I know they are as they are taken from my historical contract notes.
discodave4: DS2Ok, mention of 4p was finger in the air. My main point was worst case the RR dispute could delay the share price recovery to such an extent that for me I will be better off selling. Didn't recall many posts citing too many "facts", so that aside and despite what others think (myself included) let's go with a non-bias, and the only, analysts forecast:Forecast pre tax is £560k, the forecast share price for the next 12 months is 7.1p. if the RR issue is going to hit the business by £500k to £1m (let's go for £750k), what do you think the share price will then be in 12 months time?....surely it will not increase as f/cast by 23% because pre tax has been wiped out (materially failed to achieve expectations). Is it logical also to say it could delay hitting this forecast, or earnings growth, by at least 12 months? (IMV it will). Last year with a pre tax loss of £248k the share price was about 2.5p, FY2015 the pre tax loss could be ~£190k, what then is fair value?....3.5p?, you tell me (by your logic, a £750k hit would drop the share price 0.75p, thus it is already fully priced in - I disagree).I accept they were turning this around and the future looks brighter than it did last year, so doubt it will drop to 4p, but also doubt that it's been fully priced in either (unlike your logic) - the share price is only about 12% down to what it was pre the recent update, so think it will drop further if they confirm the worst.....if they don't it will continue on its merry way and everyone will be happy (you will be happy either way!).DD
flyingswan: There should be an RNS this week, as it is the end of the month next weekend. If the new plant is commission in October as stated? What affect do you expect this to have on GDP share price?
Goldplat share price data is direct from the London Stock Exchange
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