Goldplat Share Discussion Threads

[shill10] 28/1/2021 09:03

interesting thanks Kimboy. the only thing I would say is that $800 processing cost looks very conservative, there are mines that come close to that and obviously everything is above ground here.

[kimboy2] 27/1/2021 16:38

I thought that there were one or two new bits in it that were interesting.

Werner said that they were looking for a 5 year inventory to guarantee production, which is I think the first time this ambition has been stated. He said that they had 18 month presently, and I think he had previously said 2 years.

IMV that would be a very good position to be in. It would certainly give good visibility to any dividend that might appear.

It seems that South America is proving quite a good source of material and is improving at present.

They are obviously still discussing with a third party wrt the TSF. He said it wouldn't be that expensive to set the machinery up to do it themselves. They want it off site though to give themselves more room.

He also suggested a time for processing the TSF of 5 years. If my assumptions are correct;
$1800/oz gold price
50% recovery
$800/oz processing cost

Then we will get a post tax attributable profit of something over £3m pa for 5 years, plus the profit from the recovery operations.

[michaelfenton] 27/1/2021 08:25

dinky00 please do arrange that - the boredom is killing me?

[dinky00] 27/1/2021 08:17

All we have to do is mention GDP on WallStreetBets or Reddit and it'll be 50p by the end of the week

[michaelfenton] 27/1/2021 07:46

Well done to you Kimboy for not watching it was squirm making and as you say had nothing new so what was the point? Just made GDP look amateurish?

[kimboy2] 27/1/2021 07:38

I didn't listen to it as it was not going to say anything interesting. It was meant to be more of a beginners guide I presume.

Werner isn't the best at these sort of things. Always seems more like a Gestapo guard then a PR man.

Would rather he runs the company well than have the gift of the gab though.

[michaelfenton] 27/1/2021 05:10

A poor presentation? Too much umming and ahhing and got caught short on timing. I got so bored i almost switched off. What was the point of it and still no clarity on Kilimapesa?

[michaelfenton] 22/1/2021 12:12

shill10 you might have quite a long wait for the share buyback.I think it is on the back burner?

[onehanded] 22/1/2021 11:58

Had a choice of which African gold company and saw this a bity steep in share price so went for
Tanzanian Gold Corp (TNX) as friend teaching there visited and had info, it's traded TNX in Toronto Stock Exchange(TSX) which opens 2.30pm - 9pm and in CAD (Canadian Dollar). Worth a look and read about them. I have started a thread under TNX. They joint venture partner with the State Mining Company (STAMICO) to submit an updated mine plan for the Buckreef Gold Project to the Mining Commission in Tanzania. STAMICO, which is 100% owned by the United Republic of Tanzania (the Government). Buckreef gold project will be massive and will see substantial profit for Tanzania gold corp.

Good luck here and hope it pays off.

[shill10] 20/1/2021 16:17

while we wait for the share buyback, the only solution is to step up and buy the dips and sell strength - it is possible, Sea and I have been doing it for years but patience is required for sure.

[dinky00] 20/1/2021 15:53

Down nearly 10% on no news and 600k traded. I really thought we had left this nonsense behind.Gold up 1.5%, obviously that's of no relevance ?!?!?!??

[kimboy2] 19/1/2021 18:09

I may be on Flagstaff's email list.

Thank you for registering for "London South East Investor Webinar - 26th January 2021".
We start at 6 pm, finish at approximately 7:40 pm, and will be joined online by each CEO in turn. Each presenter has 18 minutes to make their investment case, and afterwards you get an opportunity to ask questions. Please type your questions, keep them concise and friendly, and these will be put to the company on your behalf by the host.

I presume they will have an ops update by then.

[dangersimpson2] 19/1/2021 17:48

nope, which one is that?

[kimboy2] 19/1/2021 16:58

Anybody else had notice about the presentation?

[michaelfenton] 19/1/2021 09:07

You are at your best Kimboy when crunching the numbers. You are much better at it than most of us me included? Good job.

[frogkid] 18/1/2021 19:39

I revisited this after having a position quite a few years back. Quite a good presentation that, thank you. Apologies for OT but you might like to look at JLP for tailing process.CheersFrog

[contrariwise] 18/1/2021 17:38

Please take a look at my video on youtube Goldplat here:



It is a summary for new investors rather than an in depth piece. I would be grateful for some feedback. What did I miss?

[shill10] 08/1/2021 16:44

guess who I think it was ? :)

[glennborthwick] 08/1/2021 16:41

So what happened at the end there. Was there substance or was it just an mom closing and the spread widening

[frogkid] 08/1/2021 16:33

That must be it

[glennborthwick] 08/1/2021 16:26

Unless he's Martin ooi of course ;)