Goldplat Share Discussion Threads

[arlington chetwynd talbott] 22/2/2023 11:19

What Lowtrawler said made sense to me, so not sure where this sudden move has come from. Has it been tipped somewhere, perhaps?

[shill10] 22/2/2023 11:10

bought more today, Gold was $1801 when we were suspended, even lower in rand, hopefully we get some more meat on the bone re TSF in presentation tonight.

[arlington chetwynd talbott] 22/2/2023 11:09

Fair comment - further buybacks at this level would be most welcome - hopefully someone will ask about buybacks at IMC tomorrow morning.

[lowtrawler] 21/2/2023 11:18

The market seems content with applying a PE Ratio of around 5 to GDP. Our diluted EPS was 2.05p last year and will likely reduce this year due to the electricity problems in SA. Hence, sub 10p may not be a glitch.

I did notice the restated commitment in the annual report to return all proceeds from Caracal to shareholders and so we can probably look forward to further share buybacks. That will clearly help our EPS.

[kimboy2] 20/2/2023 18:33

It is the PR company so they will only ask what he wants to answer.

You will get your chance to ask some questions this week at the investor presentation.

[baht] 20/2/2023 17:02

itsyou thanks for posting link to Flagstaff TV.

Who do you think wrote the questions for this interview!

I don't think it was the interviewer. No questions about the board changes. No questions about the delayed year end figures. No questions about sacking the auditors if that's where the problem lies. No questions about compensation from the auditors if they were to blame for us being out of the market for so long. If there is any compensation will the board use it to further buy back shares thus in a small part compensating the shareholders.

Good to see the price tick up today. Can only wonder where we might have been without the suspension.

[shill10] 20/2/2023 14:53

21p kimboy, at last a sensible valuation with the promise of more to come post TSF deal.

[lowtrawler] 20/2/2023 14:39

I have done a bit of research today into the electricity issues. It appears they are unlikely to be resolved soon and even the government propaganda is pointing towards 18 months before resolved. That looks optimistic and I will be assuming a further 3 years before anything close to a resolution.

I expect they will learn to optimise their operations around the power cuts but believe SA profitability will be at much lower levels over this period.

[itsyou] 20/2/2023 13:37

"Does anyone know if they operate 24/7 at Goldplat?"

Yes, as Werner mentions today in this interview

[kimboy2] 20/2/2023 13:15

WHI view;


Fair value 21p and will uprate once permission for the TSF pipe is through.





Does anyone know if they operate 24/7 at Goldplat?

[shill10] 20/2/2023 11:03

Spot on Shareholder as usual, sellers below 10 gonna look silly in a few weeks

[shareholder7] 20/2/2023 10:27

If you are a long term holder today is a great opportunity to add, which is what I have done.

[baht] 20/2/2023 10:07

Will we ever put the Platinum back into goldPLAT.

Coal and Uranium (U3O8),at first glance not the most ethical choices for expanding a business.

[shanklin] 20/2/2023 09:53

My IMC questions. Would rephrase the 2nd one but IMC does not seem to allow that...

Question 1:
What were the causes of the very significant delay to issuing the results for the year to 30-Jun-22? If BDO were part or all of the problem, why does the 2022 Annual Report suggest the plan is to re-appoint them?

Question 2:
Rather than ongoing, seemingly random, decisions to invest here, there and everywhere, why not focus the business on areas which give the best returns, and use surplus cash to pay a dividend. Alternatively, please, clearly define the strategy you are adopting, and explain how all these investments are 100% in line with this.

Question 3:
Please would you explain why, with significant cash on the balance sheet, we paid £656k in interest charges in FY22?

Question 4:
What are the target dates for issuing H1 and FY 2023 results? Is there any reason why FY results cannot be issued by 30-Oct-23, i.e. within 4 months of the end of the financial year.

[arlington chetwynd talbott] 20/2/2023 09:51

WH Ireland note out, FWIW.

[arlington chetwynd talbott] 20/2/2023 08:43

Agreed - as always on AIM - this sort of thing flushes out hot money but presents an opportunity for more patient investors.

[shanklin] 20/2/2023 08:40

Been as low as 8.2p to sell 100k. Currently up to 8.91p. Cannot get a quote to buy even 1k

[shill10] 20/2/2023 08:31

Electricity is clearly a negative, but something outside the company like that ,which should be temporary, shouldn't have a LT effect on the share price - sure there will be plenty of games played bye market makers to scare weak hands

[arlington chetwynd talbott] 20/2/2023 08:28

I think we all know how we are going to vote on that one.

[shill10] 20/2/2023 08:27

shanklin, that tells you all you need to know, blatant market makers stop hunt

[ih_692232] 20/2/2023 08:26

This has been an unnecessary shambles and it is reflected now in the share price
From 12.75 to 9 whereas if the results had been on time we may have at least held share price ground
the results are a mixed bag -lots of elements of losses and expenditures have gobbled up cash
No chance of a dividend
TSF still in the long grass
And are the auditors now going to be changed

[shill10] 20/2/2023 08:23

7 years low grade supply is a plus though

[shanklin] 20/2/2023 08:22

Big drop in the share price this morning, but I cannot even buy 1k online. Can sell at least 150k.

Edit: With HL

[shanklin] 20/2/2023 08:18

From the 2022 AR...

Auditor
BDO LLP was reappointed as auditors at annual general meeting
on 31 December 2021. BDO LLP has indicated its willingness
to continue in office and a resolution will be proposed at the
annual general meeting to reappoint BDO LLP as auditor for the
next financial year.
On behalf of the board