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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Georgian Min. | LSE:NMG | London | Ordinary Share | VGG659191131 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 9.50 | GBX |
Georgian Min. (NMG) Share Charts1 Year Georgian Min. Chart |
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1 Month Georgian Min. Chart |
Intraday Georgian Min. Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 12/10/2016 | 02:09 | Noricum Gold Limited -- South-Central Austria | 1,836 |
| 10/10/2016 | 08:51 | Noricum | 185 |
| 10/10/2016 | 07:45 | Noricum Gold | 148 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 09/10/2016 16:36 by mostyn Noirua,Agree completely about the interview, and I am not a very happy holder at present. I could guarantee two things to decimate a share price: 1. Changing ones mind, or changing a deadline regarding production. 2. Going for a share consolidation. Noricum has managed to find both. Added to this there are no timelines for getting into production so shareholders immediately start thinking about dilution (although he did say they weren't looking for money at present). This doesn't of course mean that they won't come back to the market in a few months. They may be getting agreements on contract mining and processing in place, but until they show some progress on the ground there seems no rush to go out and buy more. Not a convincing performance. |
Posted at 09/10/2016 13:31 by noirua 604 - Noricum Gold / Georgian Mining Corporation and Chris Bailey on easyJetGreg Kuenzel, Managing Director of Noricum Gold #NMG soon to be the Georgian Mining Corporation #GEO answers private investor questions. ______ Greg Kuenzel reminded me of a situation I was in many years ago. These people kept asking me questions I did not want to be asked and would not ask me any I wanted to be asked. So it was a situation of waffling away and everyone knowing that was what I was doing. Fortunately, rescued by the Chairman as time ran out. He new didn't he, that the share price crashed because of delay in delivering ore and drilling costs, overheads etc., eating away at the cash. Even when ore is delivered it will take some time before cash rolls in and wages, fuel and hire costs will be a problem. What now, cash raising and who from. It will most likely be a discounted share price to raise at least $1 million more. Is there a way out? - , as said before, bring in another party to take a stake and fund part of the cost. There is only one truth, it's the whole truth. Shareholders have doubts about what was said by dithering Greg Kuenzel, in this podcast, and don't quite buy the non-delivery of surface ore as there is better copper/gold deeper. The shareprice plunged further... --- The real spread is very wide as MMs are defensive - shares might still be worth 30p or much less on a big delay to reap the cash. Copper at 0.5% - 1% and gold at 0.5 grammes to 5 grammes per tonne was said but not as confidently and excitedly as one might have expected. Maybe the new results promised in the next few weeks, few means 2 or maybe 3, may bring in exciting results. Perhaps Greg was just caught out by the questions or a cold or influenza was coming on - OK Greg, we just wait for great results from drilling in the next few weeks and the shareprice up to 20p or indeed more. |
Posted at 05/10/2016 10:06 by parsons4 How quickly sentiment has turned. They have to do some form of financing but the market cap is very low for the reserves. I for one will sit this out even though the pain is worsening with the share price fall. We are back to the last fundraising price !!!! |
Posted at 04/10/2016 23:28 by noirua Obvious that uncertainty over cash raising has put pressure on the share price. Difficult to work out whether the fall has gone below true value and will cause the company to raise funds by other means.Maybe there are takeover plans on the cards or more likely a further partner to help race to production. This might well surprise with share issued at 0.14p or 14p after consolidation, with further options issued to the partner at 14p. Confidence has dropped but the massive resource remains on NMG's jointly owned ground in Georgia. |
Posted at 03/10/2016 09:30 by dandadandan It looks like the market thinks that this consolidation will result in further dilution for fund raising. Down it will go until that news is issued.It is easier to dilute a share share price that is 100 times higher. Then issue some more confetti shares. News due but will we have to wait for GEO on the 6th? GLA. |
Posted at 28/9/2016 12:00 by noirua Uncertainty is building here as an income stream looks further and further away. Even if ore is delivered the company appears to have retracted the statement of payment on delivery. It is more realistically payment on gold produced and that looks as if cash delivery to the company is some way down the line.The third quarter ends on September 30th and should have confirmed ore deliveries, though the previous announcement shows the deeper copper gold ore is looking to be delivered later. How much later? There is still a big upside if the company's directors can get a good agreement together or are able to bring in another partner to put up cash for a stake in the Georgian assets in the ground. Share price is probably as low as it will go around 0.11p - 0.12p. |
Posted at 15/9/2016 21:11 by laptop15 Should be due an update soon now guys....some good news would help kick start this share price ...plus no more placing around this price either. |
Posted at 06/9/2016 10:08 by ryan83 Dr. Neil O'Brien is the Senior Vice President, Exploration & New Business Development of Toronto/Stockholm-liMartyn Churchouse is ex Lundin. He left them to join NMG with the Georgia asset acquisition. Lundin had the option of Georgia JV fpr $6m or another acquisition for hundreds of millions. They chose the larger buy so not to confuse the shareholders. Martyn left Lundin to join NMG when they stepped up took the JV instead. There is a gentlemans agreement for Lundin to have first refusal on a buy out. So now Lundin SVP jions NMG as non exec. Ducks lining up here |
Posted at 16/8/2016 12:33 by noirua Doc Holiday - 14 Aug, share price Angel - The events over recent weeks and months has taken Greg and the technical team back out to country (as we speak) to further advance and interpret the data.The complexity of the potential (400,000oz) resource is pretty straight forward, it’s open pit mining into the hillside or bank on an acreage of land. They believe the original small (modest) known cap of gold which will delver a few thousand oz’s is a contingent should the bigger development stumble across problems.- 11th August, Guardian Stockbrokers - 11th August, Zak’s 3 Stocks in 3 Minutes Today Are: #NMG #CMCL #VAL - 11th August & Noricum Gold Ltd (DI)-Significantly Increases Size of Au & Cu Target - 11th August: |
Posted at 11/8/2016 08:58 by mostyn This is all about expectation at the moment. Production was expected within the next couple of months and now it isn't. There may not be further dilution but the market clearly doesn't believe this. Directors talk about increasing shareholder value, but most boards seem to have little idea of what drives a share price. There is very much a timing issue as to when this "value" is created if the company has to issue large numbers of shares to develop a particular prospect. What this generally means is that the trajectory of a share price rise (if it does actually rise) is much slower than it would otherwise be.I still hold a couple of oil stocks where they have had to issue so many shares ("to create shareholder value") that I am down over 90%. Fortunately I did sell the bulk to take a much smaller hit. I'm not saying that Noricum will be affected in this way as the price of gold is rising nicely, but dilution can be a real killer. |
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