Goldplat Share Discussion Threads

[molatovkid] 22/1/2020 07:29

New CEO seems to have gotten hold of the business...very interesting

[jonesy100] 22/1/2020 07:18

Extremely encouraging update today

[shill10] 16/1/2020 10:14

yes, Nick. For me the market under-estimates hugely how geared GDP is to the price of Gold. Even Kili becomes worth a decent figure at some stage (imo these levels or above) especially when one considers that the market cap is £5 million right now.

[sea7] 16/1/2020 08:56

7th highest riser of the day so far.

[nick rubens] 16/1/2020 08:54

Half Year Results in February. Gold price has remained strong throughout the period.

[shill10] 16/1/2020 08:45

someone bidding 2.7 for 300k when price 2.5-2.8.

[1rodson] 15/1/2020 01:37

When did they ever do the job well?

I don't know what they are trying to create from a very uncomplicated concept but it certainly is not public company working in the best interested of the shareholders!

[russman] 13/1/2020 10:55

Still think the Chairman should take responsibility.
He is not doing his job well.

[1rodson] 12/1/2020 19:31

sea710 Jan '20 - 17:45 - 7175 of 7175 (Filtered)

[sea7] 10/1/2020 17:45

yeh just the crossing trade of 40k shares

[shill10] 10/1/2020 17:35

40k went through in the auction closing period today, very unusual, probably nothing.

[russman] 10/1/2020 10:35

A scandalous waste of shareholder capital.

[1rodson] 09/1/2020 10:18

Realistically what can one say?

Perhaps it's simply best left to a good old lolololololoololololololoolololololololo

[russman] 07/1/2020 09:25

The wip working capital requirement should be falling.

[shill10] 06/1/2020 22:15

thats a strange one - there was a buy of 677k at 2,95p at 1605 that day (0.15p above the offer), and then that trade 20 minutes later - something is going on but I haven't a clue what!

[sea7] 06/1/2020 20:57

trade of over 1m shares from friday has appeared - time of 16.25 at 2.67p - that was near the price of 2.69 I was being quoted to buy stock, just prior to the close on friday - someone has definitely been loading up here.

[dangersimpson2] 06/1/2020 14:48

I assume this is just referring to putting the mine on C&M given that the article is dated 30th December and we have no RNS from the company. Although I wouldn't be unhappy with them putting Kili into admin - would obviously cause a writedown of assets but would boost underlying EPS by about 40% this year and probably double it next year.

Looking forward we should get a Q2 operations report in early February. The gold price strength will have helped SA profitability. Although the ZAR strength means that the price hasn't been as good in ZAR, Q2 average gold prices in ZAR should still be above Q1. Q1 report said they were expecting a stronger quarter for Ghana but with limited visibility going forward. Getting more consistent sourcing here will be key going forward. If Ghana is performing and Kili is gone then EPS should be above 1p again.

[sea7] 06/1/2020 14:01

Gold production is also under threat as Goldplat, which operates the Kilimapesa Gold Mine in Narok County, recently shut down the mining after failing to secure a strategic investor for its Kenyan operation.

[shill10] 06/1/2020 10:48

producing 5k oz a year for 10 years, each $100 on the Gold price is worth $5 million on Kili's valuation alone.

[kimboy2] 06/1/2020 10:40

If they dumped Kili for nothing the elimination of the £600k loss at a p/e of 8 is worth £4.8m.

Just a thought

[shill10] 06/1/2020 09:35

£4.8 million mkt cap with gold at $1575. Unless Gold comes back off, imo Kili alone is worth more than that at these Gold prices. And TSF will be viable if Gold rises much more and thats 88,000 oz of Gold just as a reminder ($100 increase in Gold= c $4.4 million increase in profit on this ,assuming 50% recovery). Market is asleep. Plus you have a profitable recovery operation in SA making c £1 million a year.

[shill10] 06/1/2020 08:52

on Level 2 , 200k LSE non market makers bids -total of 325k on the bid at 2.5- I wasn't aware these were possible in AIM stocks, does anyone know how/who can put these bids in ? Never seen it before in many years of watching GDP.

[michaelfenton] 06/1/2020 08:49

Something going on and spread widened? All a bit beyond my simple brain?

[nick rubens] 05/1/2020 16:28

Alot of buys on Friday including what look like two bigger ones. Might be a run up to Interim results, but I'm certain results will be profitable anyway and the mine on care and maintenance is looking more attractive for a sale/deal with the Gold price on the up and staying there.