Avesoro Resources Share Discussion Threads

[cf456] 09/4/2018 08:10

"All time high gold production levels from the Liberia and Burkina Faso operations in the Quarter"

"Record quarterly gold production of 27,870 ounces from New Liberty"

"Record quarterly gold production of 40,218 ounces from Youga and Balogo"

[cf456] 09/4/2018 08:08

Q1 Production Update

[cf456] 26/3/2018 15:49

Gold price strong again today.

Potentially a significant breakout just ahead on the gold chart which would really boost ASO profits.

[blueball] 23/3/2018 20:24

stay long.

[ileeman] 23/3/2018 17:19

Added another 5000 shares today.

Given AISC below 1000 this makes this a highly profitable producer at 1200-1300 spot gold, if gold hits 1400-1600 this year then looking at something special.

$90-$100million projected profit for 2018 vs £185m mcap.

April results very soon.

[cf456] 23/3/2018 16:27

Flurry of buying interest after 4pm.

[cf456] 23/3/2018 14:10

The gold price is very strong the past couple of sessions. Could it be building up to a significant breakout after many years basing sideways.

A great backdrop for a stock so undervalued as ASO if it is.

[ukgeorge] 22/3/2018 15:41

Some nice grades shame about the depths, will need to be underground mining.

[blueball] 22/3/2018 15:33

Very cheap still for how long.

[purple11] 22/3/2018 08:14

in for a few gl

[ileeman] 21/3/2018 11:47

Q1 April results should read very very good. Not much priced in yet, if this turn around continues then 2018 looks to be a massive year for ASO.

Share price still on lows and not much of the amazing progress priced in....yet.

[stevie blunder] 21/3/2018 10:21

Looking at the potential news flow over the next few months:

Q1 production figures second week April (if they keep previous timetable)

Q1 financials in May

New Reserve/resource figures for New Liberty assuming they were successful with the drilling campaign to move inferred resources into measured " adding several years to the LOM" I think that could be announced April/May

Youga and Balogo Mine updated Minereal reserve/resource "during H1 2018."

Later in the year I think we will get an announcement that they want to move the other MNG mine , Kokoya, into our Avesoro. That will involve the issue of more shares, hopefully to new institutional investors rather than MNG.

If all goes well (Ha!)I think by the year end we will be invested in a company with 4 gold mines, strong cash flow and great exploration prospects.
At least that's what I tell myself ;-)

[the bull] 20/3/2018 15:30

I was tipped these at 24p under the old guise but held off thank gawd until I picked them up around 0.5p to 1p. Will hold on for a couple of years

[ileeman] 20/3/2018 15:23

Dont think small movements in gold will effect this considering the turn around the company is in + how low their costs are.

Currently valued at a PE of 2.5-3 which is insane. Fair value closer to 500p assuming the turn around continues.

Also there is scope for huge growth on the production out put.

[anley] 19/3/2018 17:45

Weak gold = weak share price along with political problems such as Brexit which the MM do not like so rush to cover themselves.........

[blueball] 06/3/2018 09:08

Buy signal.

[stevie blunder] 05/3/2018 18:41

Also interview with the CFO

[anley] 05/3/2018 17:18

Low cost mining = they know how to move dirt around..................+ profit.

[stevie blunder] 05/3/2018 17:05

Link to new presentation in the header

[anley] 05/3/2018 15:48

So if you have this information why can't you post it or draw everybodys attention to just where it can be found...........

May I ask why you first invested in this company and apart from what you say about the new management and their structure is there anything else you are unhappy about?

[anley] 05/3/2018 11:35

Sounds like you are a little happier - still a shareholder BUT don't understand the 73% shareholder.............correct?

Have you found all the "countless subsidiares" etc as each day passes you open yourself to false posting.