Vatukoula Gold Share Discussion Threads

[chinese investor] 30/5/2014 15:57

Fat Lady Singing Time !

[andy] 23/5/2014 12:00

paulo,

Well I think so.

Gold price falling again!

[paulo92] 21/5/2014 15:50

Surely these guys are dead in the water? Is there anyway back for them?

[andy] 21/5/2014 13:28

Chinese,

I wouldn't like to see what you call bad if you think these results are OK!

[paulo92] 21/5/2014 12:32

Werent these consolidated 1:50 a couple of years ago? That makes the current share price 0.06p in old terms. Gulp!!

[michaelsadvfn] 21/5/2014 07:54

I agree with Chinese Investor....













as usual

[chinese investor] 21/5/2014 07:34

"In order to make further savings in both administrative and regulatory costs, the Company has resolved to align its year end with its majority shareholder, Zhongrun.
Therefore, the financial year end of the Company will be changing from 31 August to 31 December.
The Company will release a further set of interims for the six months from January 2014 to June 2014 which will be published by 30 September 2014.
In addition, the Company will report for the 16 months from September 2013 to December 2014 as a transitional financial period, and thereafter for the 12 month period ending 31 December each year."

[stevea171] 20/5/2014 21:29

£9.2 million loss in just 6 months following on from similar losses for years. Is that another £9.2 million loss coming up in the current 6 months to August with no increase in production (20k oz) and similar gold prices so far?

Unless gold rapidly goes back to $1900 there must be a real possibility this will go the way of NGL and others unless Zhongrun has bottomless pockets just to fund the losses, never mind development .....

[andy] 20/5/2014 20:21

"Chinese Investor 20 May'14 - 19:27 - 1062 of 1063 0 0

Cost $1,463 oz for Gold Sold for the Six Months to February 2014 ! "

---

And what was the average price received for this gold?

So the less gold they mine, the less money they lose!

[chinese investor] 20/5/2014 19:34

It'll Be Up First Thing Tomorrow !

[chinese investor] 20/5/2014 19:27

Cost $1,463 oz for Gold Sold for the Six Months to February 2014 !

Share Price Up From Here !

[chinese investor] 20/5/2014 19:23

"Order of 4 dump trucks and 2 loader completed and scheduled for commissioning in early July 2014" !

Looks Good !

[loughton] 20/5/2014 18:53

Down to 1p and a delist... Agreed Andy, why would they care about it being on AIM?

[2350220] 20/5/2014 09:38

Well, we finally made it.
I never thought we would, but we are all the way back down to where we were before the 50:1 swap!!!!

John

[andy] 19/5/2014 16:20

Atlantic57,

I agree, the chart looks awful.

As the Chinese have invested their money, what value an AIM listing to them?

[atlantic57] 19/5/2014 12:31

Chinese investor until vgm update the market it is impossible to make any meaningful comment on their current position.

We don't have even basic information such as:

A) Current production Costs.

b) Current production ounces

c) the Cash position


I thought large institutions would carry out due diligence before injecting funds, i was clearly wrong on this.There must also be a real danger that Vgm will delist.

[gekks] 19/5/2014 12:27

If it drops any more I'll 100bag on this - sadly the wrong way.

[chinese investor] 19/5/2014 12:08

This company is now capped at £10 million but it has the remnants of the £15 million in cash (possibly £3 million) !

It has also got another interest free (for 3 years) £15 million coming to it !

[chinese investor] 19/5/2014 12:05

Don't Panic !

[bulldog30] 16/5/2014 01:04

stevea..... If you go back a page there is a facility whereby you can look at a 5 year share price graph showing the descent from over 200p to current price. A shorter's dream !

[stevea171] 15/5/2014 22:00

Chinese. Why is there no share price graph at the top or anywhere on this thread?