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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gippsland | LSE:GIP | London | Ordinary Share | AU000000GIP1 | ORD SHS NPV |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.125 | 0.00 | 00:00:00 |
| 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 | 2.125 | GBX |
Gippsland (GIP) Share Charts1 Year Gippsland Chart |
|
1 Month Gippsland Chart |
Intraday Gippsland Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 01/5/2015 | 17:15 | Gippsland - Tantalum, Tin & Feldspar in Egypt | 3,048 |
| 13/7/2008 | 15:26 | Gippsland coming to Aim - catches my eye | 1,634 |
| 24/2/2008 | 09:43 | Gippsland (Isable) | - |
| 27/3/2007 | 15:21 | Gippsland: Tantalum and Gold in Egypt | 19 |
| 13/2/2007 | 08:50 | Things move slowly in Egypt. | 2 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 17/2/2014 12:09 by shadowchaser gip- 'one wheel on my waggon '[thanks to further loan from the indomitable Mr G.!] 'I'm still rolling along.........' SC |
Posted at 07/1/2014 12:26 by shadowchaser GIP-Cautious optimism now turned to pessimism ....!Unfortunately ,can't realistically see any way back now..... Sorry folks - -SC |
Posted at 27/9/2013 11:02 by shadowchaser GIP1/Tin extract exports MAY be about to cover current to cover costs (?) 2/ Good old Ian G. has made a $1m loan out of his own money ,interest free available .. ..He seems to be a determined ,forthright old bean!!! I,m cautiously optimistic for the next few months .... SC |
Posted at 13/6/2013 10:05 by shadowchaser GIP-Aaaaand so it grinds on .....Another three months drag by and miniscule progress is perceived . No visible financing to start Tantalum production just patchy tin exports that barely cover costs. [Eerily ,sounds like Cameron's and Osbourne's economic policy for the UK!] -SC |
Posted at 15/3/2013 11:19 by shadowchaser GIPAND down and down I go , diluted out of existence choke choke blub blub -sc |
Posted at 08/3/2013 16:17 by shadowchaser GIPYou're givin'me the same old line I'm wonderin' why ...? You fleeced me then, You're back again. No no no ! Not a second time ... Not a second time. No, no,no ---not a second time ...... [Or should that be 3rd 4th or 5th time ,personally ,I've lost count !! Lol! SC |
Posted at 17/10/2012 13:54 by shadowchaser GIP--I'm surprised at you ,mademoiselle !After all your namesake's experience of battles during the 100 years' war [116 actually] you must know how protracted these struggles can be ! Nul desperandum -GIP has not got the money yet........... Lol!- -SC |
Posted at 10/8/2012 06:34 by oilchemist1 NON‐ RENOUNCEABLE RIGHTS ISSUETO RAISE $2.5 MILLION The Directors of Gippsland Limited [ASX: GIP, FRA: GIX] ("Gippsland" or "the Company") announce a non‐renounceab The Rights Issue price represents a discount of approximately 39.7% to the 30 day volume weighted average of Gippsland shares traded on ASX. A prospectus for the Rights Issue will follow this announcement and will be despatched to eligible shareholders following the Record Date on 14 August 2012. After meeting the expenses of the Rights Issue, the funds raised from the Rights Issue will be applied to furthering the exploration effort in Eritrea, increasing the production capacity of the alluvial tin project in Egypt and for working capital. |
Posted at 01/8/2011 11:16 by chipperfrd JoA,Re Heemskirk: Using figures from scoping study, ie - Mine life ~ 7.6 years - Mining dilution ~ 15% - ROM grade ~ 0.93% - Treatment rate ~ 600ktpa - Recovery ~ 70% - Concentrate grade ~ 50% - Tin in concentrate ~ 3,906tpa - Tin price US$29,000/t (less 10% for smelting) - FOREX £/$ ~ 1.6 - OP cash costs ~ US$12,780/t tin - CAPEX ~ US$108m I have done a NPV based on (10%) discounted cash flows over LoM using the above figures for production estimates. With tin price flat over LoM the NPV(10) is c. US$79.5m @ 30% IRR for the entire project. Assuming GIP's attributable drops to 30% under the Stellar execution of their option, then GIP's share of the NPV is US$23.8m. This is equivalent to 2.95p (A$ 4.43c) after tax. The pretax NPV of the project is c. US$155m. Applying a 5% CAGR to the tin price over the LoM the GIP share rises to c. 7.47p using the total shares after current rights issue. Both Stellar and GIP are small cap stocks so raising the US$108m CAPEX will need to be pre-dominantly via bank debt or with an alliance with a tin off-taker. Although there will almost certainly be an equity raising as well. If this were to be a 70:30 debt/equity split then GIP's share would be US$9.7m. To check my NPV estimates I have also tried a different approach by working a series of discounts on the current in-situ tin resource (I have ignored the silver, etc). ie. Gross in-situ value ~ US$1,408m GIP's attrib @ 30% ~ US$422m After mining dilution of 15% ~ US$359m After process recovery of 70% ~ US$251m Potential profit @ 20% of revenue ~ US$50m This works out at c. 3.9p/share after rights issue. Stellar are likely to increase the overall resource as they have yet to drill at lower levels. However, at c. 30% IRR the project already looks pretty good. GIP have a 40% free carry up until a feasibility study and must also arrange financing for 50% of GIP's share of development costs once a FS stage is reached. So GIP has no current ongoing commitment and can focus it's meagre resources on Abu Dabab Ta and alluvial tin. Clearly a risk given recent BoD shenanigans - but there would appear to be real underlying value (to me) even without the potentially much much larger Ta project. Gandel is under-writing the rights issue so will almost certainly have a larger stake once the dust has settled. However, to move either of the projects forward he will need substantial backing from banks and the market so I consider the risk of the company being taken private is limited. With the amount of 'skin' he will have in this stock his interests will be aligned with shareholders whether he likes it or not. Given all of the above I have decided to take up rights (be it on my own head!). Regards Chip |
Posted at 22/8/2010 21:44 by marksnsparkle I'm sitting on the fence, best place to be with GIP :-)There was a significant move in GIP share price last week, but the question is does somebody know something we don't ... lets hope so! |
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