Goldplat Share Discussion Threads

[sea7] 20/5/2020 21:04

The projections were made by a group of academics and health experts advising the government.

.........

probably the same group that said 500,000 would die in the uk.

[lowtrawler] 19/5/2020 11:23

It's a weird share this one. Stays level when all the other gold shares are rising and then, on absolutely no volume, goes up when the others are falling.

[michaelfenton] 18/5/2020 12:45

Forgot to say I added another 40,000 shares at 5.18p this morning.

[michaelfenton] 18/5/2020 12:44

Thanks sea7 - good stuff. Unfortunately no one has heard of Goldplat so the increase in POG has had little or no effect - except maybe to get Martin Oii to take a big chunk. Next set of figures should be interesting? One day the penny will drop?

[sea7] 18/5/2020 11:41

Seeing as GDP is dropping, debt is rising, then this article is a good read.

[avsome1968] 18/5/2020 11:14

Well if pog keeps flying more chance we will sell Kili which will reiterate our share price.

[sea7] 18/5/2020 09:54

Gold at over 32.6k rand an ounce and $1760.

[michaelfenton] 17/5/2020 15:29

Sell Kili as keeping it will destroy shareholder returns for years to come? Concentrate on monetising the other assets and core business and clean up division fits in nicely with that?

[kimboy2] 16/5/2020 15:23

Martin Ooi controls this company, as the last RNS makes perfectly clear. He now has a spy in the cab in the form of Gerard to make sure what he wants happens.

Fortunately I believe what he wants is a return for shareholders, which should benefit us all.

As for what I would want, well mostly I would just like them to execute on their plans.

In no particular order;

1. Sell Kili
2. Build up inventory to guarantee production
3. Release the numbers on the TSF. As they are doing it themselves can hardly be any reason not to tell us
4. Put clause for buy backs to the AGM. They then have the opportunity to exercise if they wish
5. Start on setting up a clean up division

That would be a nice start.

[michaelfenton] 16/5/2020 14:31

Great idea Nick.

[nickgom2] 16/5/2020 13:00

Things are moving in our direction. With Martin's accumulation of shares the board now needs to listen to the shareholders.I currently hold just under 2 percent and want to support Martin on whatever he has planed. If we all club together, and for the very first time, we the shareholders will be directing our board to do what we what. All be it at a high level as we don't want to get Into the day to day running. For too long GDP has been run for the benefit of the board and not the shareholders.If you would like to add your vote at the next AGM with mine then please email me at [e-mail] and I can contact you in private to see how many shares we all hold.I already have a number of your contact details but this was sometime ago. For the people I have on file I will be emailing you soon.I am excited for the prospects of GDP now more than ever, especially with the gold price, but more importantly and at long last, GDP will have to take note of us.

[lowtrawler] 15/5/2020 17:25

I'm still finding my feet as a relatively new investor here. Other than the relatively lacklustre management delivery in recent years, it's difficult to see a downside. They appear to have the basics covered and will naturally benefit from the gold price. With Martin Ooi looking after his (and other shareholder) interests, we should get a rerating sooner rather than later?

[michaelfenton] 15/5/2020 16:18

POG back above 1750 which must be good for Goldplat, my forgotten share? Will show in the next set of figures.

[shill10] 14/5/2020 13:59

fair point, shareholder. Forgive and forget - I agree its good news that Martin Ooi is getting pro-active, that's exactly what GDP needs. I've lightened up position recently as I'm just not sure where the impetus (other than POG) is coming from in Short Term, but this makes me reassess , lets see what comes of it.

[shareholder7] 14/5/2020 13:48

I think we will see a very different GKG in this role He knows all the issues and the mistakes that he made Sole purpose is to keep an eye on these guys for the major shareholder which indirectly protects us. Also he has skin in the game and this is his retirement opportunity

[shill10] 14/5/2020 13:04

GKG back as Non- Exec, perhaps he has the phone number of that Kili buyer that was 100% going to buy the mine with Gold at $1,200 lol.

[michaelfenton] 14/5/2020 12:59

Lets hope GKG can look after the shareholders better than he managed before. Martin Oii will certainly be wanting action? This cannot be a bad move I think.

[kimboy2] 14/5/2020 11:28

ISTR that Gerard already holds 250k shares already so he would be near 1%.

[dangersimpson2] 14/5/2020 11:15

Given the current shareprice he will presumably exercise his tranche of options before expiry on 22nd July. Assuming he retains them all then he will immediately become the director with the biggest shareholding with around 0.8% of the company.

[kimboy2] 14/5/2020 11:07

Well that is interesting.

For a start they are reporting a "strong performance in South Africa", which is reassuring.

Personally I didn't have a problem with Gerard. Mistakes were made at Kili, but I thought he did pretty well with the recovery operations.

I notice that Kili is not mentioned in his responsibilities.

Presumably the 'substantial shareholder' is Martin Ooi. He is obviously in touch with Gerard and the board.

[shareholder7] 14/5/2020 11:06

I know this sounds crazy but it a good call on behalf of the substantial shareholder.He will be looking after their interests now and won't have to be defensive and has one agenda, to protect us the shareholders.Plus he was involved in the negotiations over selling kili Very good call !!!

[dangersimpson2] 14/5/2020 11:05

GKG back on the board:



Presumably nominated by Martin Ooi.

Although slightly strange, I think this is a good move, compared to most of the other non-execs he knows the company & operations well and clearly cares about the company and its employees.

Remember he originally joined Goldplat with the intention of becoming non-exec chairman and only stepped into the CEO role when things were looking bleak for the company and it needed a more hands-on approach.

[sea7] 14/5/2020 11:02

Rns out - Gerard kisbey green appointed NED