Avesoro Resources Share Discussion Threads

[anley] 17/1/2018 09:32

Another jig saw peice completed - consolidation of share capital.

[anley] 12/1/2018 14:26

Whatever share supply there was is being bought up slowly and with the gold price picking up this tends to drive these gold shares.

[roguetreader] 11/1/2018 17:19

Interesting article Stevie, cheers
RT

[anley] 11/1/2018 14:57

.........and with investment comes tax revenues. Its the new management team that knows how to move dirt and produce gold just look at what they have all done.

[stevie blunder] 11/1/2018 14:54

They are trying to stay onside with the locals:



Turning over 200 houses to locals.

Also I think the Liberian Government have 10% of New Liberty

[pottermagic2310] 11/1/2018 14:03

Actually, what we want is 'tonnes' of cheap Gold to sell at a huge Profit... that's Business, that's what we're in this for.... or from another perspective, local people wouldn't be able to earn a living for a sustained number of years without the Business's Investors... we have "rights" too !!!

[sirrux] 11/1/2018 13:50

George Weah on business and conduct:"We will work to relax constraints to private investment, strengthen the business, legal and regulatory environment, and protect business profits,'' he said."Partisans looking to cheat the Liberian people through the menace of corruption will have no place in my administration,'' he declared.

[sirrux] 11/1/2018 13:10

Rather than taking a dividend, I'd like to see them step up their efforts with the local community. I don't want the new people's president to be hearing about any community related issues, treat people well and deliver on promises.

[sirrux] 11/1/2018 13:02

To Anley, yes hard to ignore progress but prepared for the unexpected...solid profits from recent production would cement my thinking on it so waiting for that too.

[redcloud] 10/1/2018 13:40

Definately, one to watch, soar? With troubles behind, two recent purchases will dramatically add to cash flow. Buy, buy, buy.

[anley] 10/1/2018 13:25

You have to be in to win ............so are you in?

[sirrux] 10/1/2018 12:32

Unless there's a major cost we don't know about, there's a serious profit to report here and this is only the start. The history is not too good (albeit this is a revamped crew) so best be cautious but I would not be surprised if there's a wake up moment in the not too distant future.

[anley] 10/1/2018 12:27

Me too as a buyer since Monday...........looking for 3p by the end of 2018.

A very impressive Turkish businessman now behind the business and they know how to mine, where to mine and how to build a business.

[chipperfrd] 10/1/2018 12:18

Yes, I am with you there RT!
Chip

[roguetreader] 10/1/2018 11:59

Cash Costs quoted as of October 2017 RNS of $660 for 2017
Youga and Balogo LOM Cash and AISC currently projected at $870 and $962 respectively
Liberty LOM AISC quoted at $749
2017 production of 192K Oz as of todays RNS
2018 looking for 230K oz
SP is 1.9p
Market Cap is £155M

We need to see the official numbers when the results come out, but to my mind the share price reflects the last 2 - 3 years of pain and does not yet see these results as a turning point. I think it is the turning point and don't see the share price being 1.9p in 6 months time
RT

[pottermagic2310] 10/1/2018 09:03

and there's the News that could mean change for the better, time will tell

[ukgeorge] 10/1/2018 08:42

Will be interesting to see how the costs were. May finally be turning a corner. Haven't bought back in but getting more tempted.

[condom2] 10/1/2018 08:22

Agree someone sold at the wrong time

[sirrux] 10/1/2018 08:18

No, I guess the results of the Q1 drilling to determine the true size of the resource will be key. This share looks to be off the radar for most. The shareholding structure is not ideal but as long as it's an honest crew it's not too much of a concern, on AIM it can be an added risk.

[dozey3] 10/1/2018 07:44

Q4 and full year production figures look very good to me, or is there something I’ve missed?

[pottermagic2310] 09/1/2018 18:25

The Group Company activities and consolidation of Assets, Ops and Costs into this 1 vehicle with the decline in MCap and share price is what is iffy and whiffs a bit... or, very simply... just the basic FACTs & FIGUREs of the current state of play.

[anley] 09/1/2018 12:55

So there was a stale bull from Canada who sold and now a few buyers coming in and some news next week perhaps.............so what is whiffy?

[pottermagic2310] 09/1/2018 12:50

That's what I thought SB.... so is this worth a quick Punt again with the potential of a near-term 40% gain ?????

Been feeling very nervy about this whole situation for a few months with all the inter-Company juggling of Assets and finances going on, effectively consolidating everything with ASO.

Something smells very whiffy ?????

[anley] 09/1/2018 10:55

What an interesting company.............bought in.

[stevie blunder] 09/1/2018 10:07

December presentation on the website:


MKT cap about 140M, 1.8Moz M&I resoources.

Todays fall is a disappointment, cant find any news.